@LefterisJP@jpmorgan There is a very old principle: Bank analysts always publicly talk down the assets they want to accumulate.
I’ve actually back-tested an automated long-short investing strategy based on inverse analyst ratings. It had the best performance of all strategies I could come up with.
Dear Cyborgs,
The moment you've all been waiting for has arrived! After months of hard work and dedication, we are thrilled to announce the launch of our Privacy DEX. This DEX is designed to conceal your swap transactions, providing you with a taste of privacy from the Etherscan.
Whilst having no direct exposure to Euler, some Yearn vaults had indirect exposure to the hack.
This exposure amounts to $1.38m in total, across yvUSDT and yvUSDC via strategies using Idle and Angle.
Developers are currently working with the affected protocols, and any bad debt remaining will be covered by the Yearn Treasury. All vaults will remain open and fully operational, and all users should expect business as usual.
We have great respect for the Euler team, and our thoughts are with them during this difficult time.
@iamtexture Exactly. People need to drop the pristine appearance and accept that we are all just that: people.
And people have the right to express themselves on Twitter how they please. The ones trying to be effective altruists and perfect are the ones to worry about.🌹
If you think WETH and WBTC have the same mechanism please reduce your crypto exposure.
You have critical gaps in your crypto knowledge that should be covered for proper risk management.
New blog on FTX & #defi
"The sparkling shimmer of regulation is much like that little light on the end of the angler fish, alluring not just to hapless victims... but also to those politicians, for in its glow they see themselves as saviors."
https://t.co/SjK00JwxxP
#FTX#SBF
Helpful perspective from @wintermute_t , which is spot on. Converged dollar books on Binance — now same as on FTX and Coinbase — is a good thing. USDC utility just increased.
If you haven't read on Danksharding, it's time.
With the merge coming up mid-September, understanding the upgrade's fundamentals is key for making sense of markets afterwards. Check out this deep dive on Danksharding- which is even cooler than it sounds. https://t.co/atMF3XccWs
Join our first Hackathon for two recently released finance API products: the Real-Time Portfolio Protector and Real-Time Thematic Basket Generator
Enter to win $17,500 in prizes to reimagine our tech, and develop your best app or product
#hackathon
https://t.co/LbII4BsP3H