All you need to do is go the comment section to understand that with fancy words and numbers, you can make anyone believe anything. Disgraceful. Thanks to great @bloomberg team
The new ‘Loopring Vault’ product releasing shortly will launch Loopring to being a real CEX-alternative for users who want to remain self-custodial + secure (not having to deposit funds to a centralized exchange)
Imagine trading margin/leverage + going long or short on all sorts of tokens that are normally available on CEXs, but not normally available on Ethereum
(BTC, BNB, SOL, XRP, ADA, DOGE, AVAX, WLD, anything really)
Imagine being able to do this through your self-custodial wallet (baked into Loopring mobile wallet or connect your EOA to the Loopring DApp on web)
Imagine having the exact same liquidity on all of these coins that you’d get on a top CEX, but getting it served to you instead through self custody on Ethereum
Imagine it being available on every network on ethereum (multi-network) - wherever users are
This is the new Loopring Vault and it’s coming very soon to Loopring L2 and then every other Ethereum network after as we go Multi-network
Now in internal testing on web and mobile
Stay tuned🫡
Credit Suisse Group rating downgraded by S&P https://t.co/ots23CuUkU via @Reuters
My thoughts after the Archegos Scandal (and the 99999 other scandals Credit Suisse has been in): @UBS will absord (M&A) @CreditSuisse in the near term. You heard it here first
@LynAldenContact Bullish on bank stocks ? Really ? Might want to have a listen at the @FDICgov Systemic Resolution Advisory Committee held on November 9th 2022: European Clearing Counterparties at risk of going under. If so, contagion will be unstoppable.