Mugen x @MoveUSD hosted a session in Cayman on U.S. bank access for offshore digital asset teams.
We kept hearing: ‘We just need a bank account.’
Reality: the advantage isn’t an account. It’s reliable U.S. rails you can run treasury on.
Evaluating U.S. bank access?
DM: ‘Rails’
FTX: We borrowed funds illegally and lost 100% of them by longing trendy shitcoins and are now insolvent.
SVB: We borrowed funds legally and lost 2% of them buying boomer US treasuries and are now insolvent.
We are giving away 2 #NFTs for our community from the most recommended suggestions!
1 @InfectedMob #1884
1 @TombStonedHS #6361
All you have to do is:
Like, RT & follow @OfficialBlobNFT
Complete the quick survey:
https://t.co/Afppvw7lqJ
The winner will be picked on Friday!
FTX was the world's 3rd largest crypto exchange.
Today it's said to be insolvent and in the midst of an acquisition by Binance.
Here's everything you need to know about Alameda Research and the collapse of FTX:
👇
Have you heard of a Dutch auction marketplace? If not you should definitely check it out!
At a Dutch auction, the price can only go down!
Now imagine this for an #NFT marketplace! 👀🤯
(coming very 🔜)
Learn more about Dutch auctions here:
https://t.co/rwb8eOWPHR
The US has only 5% of the world's population. So if talent is equally distributed, 95% of the most talented people are born outside the US. That's why any kind of work in which ability is at a premium tends to have lots of immigrants. And tech is that kind of work.