It's Friday night, the kids are in bed, the biggest piece of crypto legislation for this year has dropped—the McHenry-Thompson bill on market structure— so let's get this party started.
Here’s a deep dive into the bill’s contents. Thread
https://t.co/TvNfoRREIi
1/ Our CEO @2Ragu spoke with @CarolineHydeTV and @EdLudlow from Bloomberg @technology to discuss our approach navigating the #FTX fallout. Watch Raghu’s interview here. https://t.co/3RlWWMNfbl
1/ It is false that FalconX is transacting with Alameda Research, as suggested by a recent publication. The address that was published is a FalconX client's address. It is NOT Alameda. @decryptmedia@MarioNawfal
1/ FalconX has no exposure to Genesis.
It's sad to see the industry (customers, partners, and competitors) in pain from FTX fallout... Trust is broken, and we need to rebuild differently. Is the new world order trustless in the centralized layer of Crypto?
1/ FalconX started in 2018. We’ve been through many cycles – yet this one is different, customers have been hurt, investor confidence took a hit, and regulators are justifiably concerned. As an industry, we need to do better, and we have a lot of work to do to come out stronger.
Bitcoin may be crashing, but @falconxnetwork is flying high 🦅 CEO @2Ragu joins on the heels of the crypto exchange's $150M funding round for a closer look at the company's Q1 highlights, customers and engagement.
1/6 Announcing FalconX’s $150M #SeriesD from GIC, @BCapitalGroup, @thomabravo, @Wellington_Mgmt, Tiger Global Management & Adams Street Partners! This raise & our recent growth, despite market conditions, validates most of the world's value will be tokenized, including equities.
1/ Seeing the term #perpetuals, or perps, and wondering what all the buzz is about? Here's a short thread 🧵on what they are and how they impact the #crypto market. ⬇️
There is really only one bear market theory right now, and it's likely incorrect. The beginning of Fed tightening cycles & liquidity withdrawals do not start bear markets.
https://t.co/4Vy4HJZzsw
We also dive into why $RON will likely be wildly mis-priced when it launches
"Our revenue grew 30X through our last fundraise announcement in August and we’ve seen significant growth since. We’ve also tripled our customer base organically" @2Ragu CEO of @falconxnetwork in conversation w/ @Steven_Ehrlich. Read the article on @ForbesCrypto@Forbes below:
Honored to be included in @slhzdh's #FinTwitIn280 series. I always look forward to reading these short bits about #fintwit folks Monday morning. Thanks, Kian!