In #FTX’s bankruptcy, here are the top 10 investment and M&A holdings creditors should be looking at.
cbinsights.com/research/ftx-…
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Youri retweeted
How #bitcoin works:
👤 Sender
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🏦 Central Banks |
💳 Card Processors |
🏛️ Governments |
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👤 Recipient
Reminiscing on the bull market.
It will come back #Bitcoin is a marathon, not a sprint.
#Bitcoin #Crypto #blockchain
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Youri retweeted
There's still a lot of trouble ahead, but for the first time in a while I'm starting to feel the itch to scale back in.
Datas never lies ⚠️🧵⤵️
@nansen_ai
#exchanges #Crypto #cryptocrash #Binance #FTX #SBF #cryptocom #Mica #bitcoin #BTC #ETH #Ethereum #blockchain
To make exchange holdings easier to understand, below are both their relevant portfolios & associated explanatory statements.
- Binance
- Cryptocom
- OKX
- KuCoin
- Deribit
- Bitfinex
- Huobi
🧵👇
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Youri retweeted
3/ @binance portfolio: nsn.ai/Binance-Portfolio
Current holdings: $64.3B (removed Binance Bridge pegged tokens, only include their original assets)
Chains:
#Bitcoin
#Ethereum
#Tron
#BNBChain
Binance statement:
binance.com/en/blog/communit…
Youri retweeted
Résumé du document (lunaire) remis par FTX à la justice ⤵️
- SBF utilisait les fonds des clients pour s'acheter des maisons
- Alameda a prêté 3,3 milliards à SBF
- La "fair value" des cryptos détenues par FTX International est de... 659.000$ (SBF avait parlé de 5,5 milliards)
Thanks @VitalikButerin 🙏
The "centralized anything is evil by default, use defi and self-custody" ethos did very well this week, but remember that it too has risks: bugs in smart contract code.
Important to guard against it:
* Keep code simple
* Audits, formal verification, etc
* Defense in depth
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Youri retweeted
I have done further chain analysis to the below tweet about #FTX’s #BTC assets and reserves.
It appears they were running a ponzi shop / fractional reserve. Only buying $BTC when liabilities became due
Thread below:
Thanks for the input from @totoff382 @ErgoBTC
