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@Kwenta_io i keep getting an error "failed to generate trade preview" and can't open a position. what's going on?

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@0xngmi @0xDeCeFi @0xfoobar @noun40__ @adamscochran Is there anything llama doesn’t know!

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@0xfr_ Finally - a reasonable procedural take. It’ll be shameful if he isn’t charged, but it takes time to assert proper jurisdiction and extraterritorial reach.

My guess on nexus to get to FTX intl ToS fraud is perhaps accepting US wires or US bank relationship?

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@nope_its_lily @0xdoug @TheStalwart Oh that sounds like an interesting read. Any chance for a link or keywords to find it?

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@macrocephalopod Wasn’t blockfi holding funds there too?

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@yerrrdme @lex_node Is there a fixed amount in privity? Or can someone just contract with the issuer, and buy on secondary market to redeem any amount under the newly established relationship?

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@0xHamz @alphafortuna10 @nic_carter To add to Hamz’ point: I think it’s 2% on NAV, not mktcap. So at a 40% discount, it’s effectively nearly 3%. And shorting perps or futs now costs funding / negative roll yield (sporadically). There’s still a trade but let’s not be naive about it.

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@wassielawyer Probably too esoteric, but is there a tldr on whether Bahamian law is better or worse for accountholders? I imagine with so little recovery in prospect, the main question is the extent of strong-arm powers / treatment of potential preference payments?

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@lex_node These countries are all being de-risked from the correspondent banking system anyway, so having stablecoin inflow is even more valuable

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@lex_node If I ran a small island nation I’d be selling regulatory arbitrage + diplomatic immunity to crypto entrepreneurs right now. Singapore and HK rose by facilitating physical, seaborne trade - run back that playbook for digital trade

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Bahamas govt redefines “regulatory capture”

Hehe

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@mConcepts_ @NorthRockLP Yeah agree that SHOULD be the case if Grayscale wound down the fund promptly and didn’t drag it out to eat more fees. Trying to think of cases where their interests aren’t aligned with unitholders

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@0xfoobar Cochran is the postal service of CT. Neither snow nor rain nor heat nor gloom of night stays this courier from the swift completion of 100-tweet threads

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Elon’s ability to meme a number into reality is unparalleled. Most effective mkting dept + pricing strategy ever!

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@CryptoEthan @blockgraze Think the question is how big can the discount get before there’s enough pressure to wind it down. Can’t imagine DCG can afford buybacks. 50% feels like a schelling point?

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“We’re still so early” I whispered prayerfully as I try to figure out where my bridged CANTO disappeared off to

[alz @alz_zyd_]

Fun fact, I did a quick survey in my law/MBA student crypto class:

- Roughly 100% of the class has heard of ETH
- Roughly 80% of the class has invested in ETH
- Roughly 5% of the class has held ETH in a hardware wallet
- 2-3% of class had used smart contracts

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@RobinWigg @AlexanderGerko @macrocephalopod It’s an important comparison to make. If we don’t explain the similarities, others will assume these are inherent fragilities. I’d rather folks think “man these idiots didn’t build basic tradfi safeguards” because one can believe good DD would have unearthed it

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@weaponizedFOMO @0xfbifemboy Genuine question for you both - why is everyone pissed with Caroline and not Trabs? She’s been the sole CEO for all of 3 months

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@davidbelle_ @AlamedaTrabucco Totally. People are shitting on Caroline but she was in charge for all of 5 minutes (and feels like a scapegoat)