ok here is how the $luna $ust attack was coordinated & executed. 🧵 (quoted from a friend)
- attacker OTC accumulated $1bn of UST
- borrowed $3bn in $btc
- spread around some fud about peg and bank runs
- dumped the fuck out of their $3bn $btc on market to trigger wider panic
1) Fuck it. I started a business and NFT project back in January. I thought I was prepared. God was I wrong. Here are the challenges and secrets that a lot of project founders face, but refuse to talk about.
This is a 🧵
#NFT@paradigm Gas wars:
"But unlike most other sales, they have the added difficulty of taking place in a highly adversarial environment full of idiosyncrasies that already alienate inexperienced users—a public blockchain."
https://t.co/2Lpcgkyvbj
How I got scammed 😭 #nftinvest I wasn’t sure if I should post this, because I was so stupid and I am so angry with myself rn. But again, I want to let more people know what happened so you won’t make the same mistake. Let’s begin…
No one needs to keep increasing your Netflix bill every mo.
Centralized biz models will be wiped out in the next 20 years.
A DAO will kill unwanted changes in a digital service in #web3