8 billion people will use crypto in a few years.
Twitter has broken just about every piece of this FTX story using blockchain analytics, while NYT is writing puff pieces on a criminal.
Feels like a turning point for citizen journalism and loss of trust in MSM.
To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund, to help projects who are otherwise strong, but in a liquidity crisis. More details to come soon. In the meantime, please contact Binance Labs if you think you qualify. 1/2
Ironic how people say "Twitter is dead", on Twitter.
It may take some effort, but what else have we got to do?
Let's rebuilt.
I'm hearing through the grapevine that something important is about to happen. Please recognize the fact that my elite social connections to people who are early to know things make me cool, and please help me validate my self-image of coolness.
FTX aside, avoid businesses/exchanges/projects that:
- are not profitable (musical chairs)
- survive by selling their own tokens
- give high incentives for locking your tokens
- have a large total supply, but only a small circulation supply
- involves loans
Stay #SAFU 🙏
What a sh!t show... And it's going to be crypto's fault, (instead of one guy's fault)... https://t.co/XzOpV0iGjT
If an exchange have to move large amounts of crypto before or after they demonstrate their wallet addresses, it is a clear sign of problems. Stay away. Stay #SAFU. 🙏
It's not the end of crypto. Far from it. It's the beginning of a new chapter.
Just noted today’s crypto price for future reference. https://t.co/WvOhqkncYK
Ken Griffin, CEO of Citadel, highlighting one of the darkest details of the entire FTX situation.
How deep does the rabbit hole go?
What was FTX?
https://t.co/2tSSH0SCK2
I don't care how messy your accounting is (or how rich you are) - you're definitely going to notice if you find an extra $8B to spend.
Even the most gullible person should not believe Sam's claim that this was an accounting error.
#Binance published cold wallet addresses and balances for 6 of our 600 coins. More to come.
475K BTC
4.8M ETH
17.6B USDT
21.7B BUSD
601M USDC
58M BNB
These were public before anyway, but organized together for your ease of viewing.
https://t.co/Jm6dVoDqM5
There are honest mistakes you can recover from.
But once your credibility is gone, you are done.
After seeing how some old-school media cover recent events, I am more bullish than ever on Twitter and Crypto.
Just signed 8 investment deals. All small amounts, but good projects (we think).
Crypto industry will be more transparent than traditional finance industries. Merkle trees coming soon.
Not sure what's happening. https://t.co/3wHpVPayN1
