@SquawkCNBC@GaryGensler Many lost their life savings or businesses with FTX. It could have been avoided
Bitgo's Belshe specifically warned about the danger of the current market structure. Why not involve these real experts more? Why not act faster?
How did the SEC probe FTX in Oct yet no red flags?
JUST IN: @NickDPayton just revealed @BitGo hung the #Bitcoin whitepaper at the NYSE.
"When we went public, our gift to the exchange was a Bitcoin whitepaper that now hangs in the NYSE in perpetuity. A little wink to Satoshi."
Bitcoiners on Wall Street. 🔥
seems hyperliquid:native has flipped solana:So11111111111111111111111111111111111111112 in price
kudos to them. well deserved.
now, we commence the Solana comeback, 3rd edition
@CryptoCurb@mert@solana Indeed! a lot of talk & massive participation too. Reviving is a good start tho & with SOL 's current PA, they might have a stronger incentive to support/reduce inflation 🤞
https://t.co/dEaAvhXJxG
Waiting for the official confirmation/announcement but looks like SIMD-0228 failed
The proposal got a 61.39% yes of yes+no votes, didn't meet the 66.67% required to pass
Massive turnaround & involvement from the community
$SOL
Hey Turbulle! I did, since Max resigned. Still think it's a big loss for the company & didn't quite understand the dynamic there but Hubbard is solid as well & the privacy angle seems promising but they have to deliver. I didn't research/deep dive into their new acquisition tho
Updated the chart recently for Maris in this quoted tweet, if there is any question or anything in particular you want me to look into, just let me know. Still learning but will do my best
https://t.co/b45sIBdXCV
Seeing some good questions already
Also just realized I need an account to post a question🙈, I'm twitter only lol
link in the quoted BitGo's post, Mike will be answering questions live
$BTGO
AMA is open 🟢
Quick change of subreddit.
Drop your questions for BitGo CEO @mikebelshe on r/bitgo now.
Get them in early, because Mike jumps in to start answering at 11:30 AM PDT.
Come with your big questions: where regulation lands, what tokenization unlocks, and what's next for the industry.
https://t.co/UaJvX3qngw
Belshe on growth: $BTGO has tons of room - we can reinvent so much now that we have the traction as an industry that we do. I see $BTGO as being a top-10 financial infrastructure firm in 10 years.
Belshe: It's an incredibly exciting time!!!
What I like most is the crypto innovations are winning!!
#1 - the only reason tradfi markets are moving to 24x7 is because of crypto!
#2 - the only reason tradfi markets will have perps is because crypto invented them!
#3 - stablecoins are the banks we wish we had but never did!
#4 - the fact is that we have too much regulation in our banking industry which has held back innovation. It's not just the banks' fault - it's the regulation we piled on top of them. So I'm very excited that tech has found a wedge to help rewrite how we think about markets, money, banks, and the regulation required to run it.
#5 - I'm very excited that we're finally solving GLOBAL finance
Belshe: We see custody as simply the platform that leads to everything else. It's the prime brokerage and services on top of custody where revenue will come from.
I'm excited about tokenized equities - there will be about a dozen various ways to tokenize launching this year from various parties, and we'll do our best to support them all (as infra). This opens up the markets a lot, but is incredibly important for PB (prime brokerage) services - you have to have the assets in order to lend against.
I don't see any gaps that can't be solved. $BTGO
From @mikebelshe's AMA: "The process takes longer than you'd think - probably no resolution until Q4 - but I don't know for sure. Regarding our business, please note the case has no effect on us. We wish the $GLXY team the best, but they made a deal and they need to stick to the terms."
As a shareholder of both companies, I think $GLXY owes $BTGO $100M plus legal fees.
AMA is open 🟢
Quick change of subreddit.
Drop your questions for BitGo CEO @mikebelshe on r/bitgo now.
Get them in early, because Mike jumps in to start answering at 11:30 AM PDT.
Come with your big questions: where regulation lands, what tokenization unlocks, and what's next for the industry.
https://t.co/UaJvX3qngw
AMA is open 🟢
Quick change of subreddit.
Drop your questions for BitGo CEO @mikebelshe on r/bitgo now.
Get them in early, because Mike jumps in to start answering in 30 minutes, at 11:30 AM PDT.
Come with your big questions: where regulation lands, what tokenization unlocks, and what's next for the industry.
https://t.co/UaJvX3qngw
NEW: We sat down with @BitGo CEO @mikebelshe who walked us through its IPO in January despite a choppy market and why he believes the current regulatory tailwinds are separating real builders from the people chasing a hot cycle.
Links below.
@varuninvesting $BTGO trading near cash & digital assets value. Full stack crypto infra provider for banks & financial institutions (SofiUSD is on BitGo).
If clarity act passes & banks use BitGo to catch up then their high margin services business stream will have a significant tailwind.