James Chung

Digital Asset Risk @Fidelity former life @Alperioncapital @Consensys @UCinvestmentoffice @jpmorgan @GM @MorganStanley. Views are mine.

[James Chung @digitalbankr]

Don't underestimate the greatest wealth transfer happening in history now.

[matthew sigel, recovering CFA @matthew_sigel]

BREAKDOWN:
foreign holdings of US treasuries at lowest level in 19 years

[James Chung @digitalbankr]

@avichal @HHorsley @ElectricCapital 👀

[James Chung @digitalbankr]

Read more here 👇https://t.co/hqBi1GwIg7

[James Chung @digitalbankr]

#DeFi protocols and DEXs (decentralized exchanges) continue to see increased activity despite the current bearish macroeconomic environment.

[James Chung @digitalbankr]

@hashflow aims to solve these issues by using the RFQ model where institutional market makers can price assets off-chain while still executing and settling transactions on-chain.

[James Chung @digitalbankr]

While a recovery is looking unlikely until a shift in broader #crypto market sentiment, there are notable developments across new marketplaces and existing creators that are impacting #NFT market structure. Read more here @ConsenSys 👇https://t.co/qXYlkbLQoz

[James Chung @digitalbankr]

@RepMaxineWaters @SBF_FTX 👀

[The Block @TheBlockCo]

Binance role in FTX collapse under congressional scrutiny
https://t.co/e6JMCQ7Ttp

[James Chung @digitalbankr]

Treasury plans to complete an illicit finance risk assessment on DeFi by Feb 2023 and NFT by July 2023. In crypto years, this is too late, too long and more pain is yet to come.

[James Chung @digitalbankr]

#CeFi has its issues, so does #DeFi. Liquidation and oracle-based money markets will continue to be vulnerable. Protocols that are oracle-less, permission-less and AMM backed, like @TimeswapLabs, may be the leading and self-sustaining money market model. https://t.co/HU1tGz97rX

[James Chung @digitalbankr]

Long live #DeFi

[Consensys.eth @Consensys]

We're so proud to announce that we recently became recognized delegates for @MakerDao Governance 🥳

Below we'll summarize why we are getting involved in our latest cryptoecon blog post ⬇️🧵/9

https://t.co/mOCLDZ8mzn

[James Chung @digitalbankr]

@alex_valaitis @mangomarkets 😂

[James Chung @digitalbankr]

Implementation of EVM w/ zk rollup will serve as a catalyst for the #DeFi ecosystem and #Web3. Excited to see this space heat up as #Polygon launches zkEVM testnet, @Scroll_ZKP launching native zkEVM, new entrants like @taikoxyz and $UNI proposing to deploy on zksync.

[James Chung @digitalbankr]

The market opportunity put forth by uncollateralized lending will be massive as DeFi continues to mature by refining the needs of institutional borrowers including dApps, protocols and DAOs. Excited to see #Atlendis pushing #DeFi forward.

[Atlendis Labs @AtlendisLabs]

"Adopting similar functions from traditional finance such as a revolving line of credit is an example of @AtlendisLabs protocol differentiating itself amongst other #DeFi lending platforms..." by @digitalbankr, @ConsenSys

Read the report:
https://t.co/CMDE8P4Zn0

[Jeremy Allaire - jerallaire.arc @jerallaire]

1/4 The bank lobby is going to fight hard to argue that tokenized cash (e.g. 'payment stablecoins') pose a financial stability risk. Compared to banks w/ Basel III rules, stables like USDC are far safer than bank deposits. @circlepay Chief Economist @gordonliao lays it out.

[James Chung @digitalbankr]

Any yes, The Merge will make this asset more attractive for institutions for many other reasons. More to come.

[James Chung @digitalbankr]

With the Merge on the horizon, it is worth taking a pause to understand why #ETH should be in an institutional portfolio from a portfolio construction perspective.
https://t.co/BgnDlPwoJ5

[James Chung @digitalbankr]

While there is no guarantee Ethereum’s performance and its relationship to a traditional portfolio will continue into the future, the results are significant enough for institutional investors to consider Ethereum as a new asset class in a traditional portfolio.