Discover and read the best of Twitter Threads about #Coindesk

Most recents (8)

1/10 🧵🔮 #CryptoNews: Gemini's latest update states that Digital Currency Group (#DCG) missed a $630M payment due to Genesis last week 💔

🤔 As complex as it sounds, let's break it down in #crypto language

🧵

$GEMINI $DCG $GENESIS Image
2/10 Gemini is now working alongside #Genesis, #DCG, and their creditors to provide some leeway to DCG to prevent a default. This could be a game-changing move in the crypto lending space. 🎲
3/10 Both Genesis and #CoinDesk are owned by DCG. This is significant because it means there's a lot of interconnection within the crypto industry, and one misstep can cause a domino effect. 🌐
Read 10 tweets
@CasPiancey @BennettTomlin just listened to #ftx podcast. The bit when you discussed the irony re: #coindesk & #digitalcurrencygroup reminded me of one of my favourite (and I believe most under rated in importance) is #coinapult
First a reminder....Bazza Silbert....#DCG was original known as #bitcoin opportunity fund.
Here's a #coindesk article from Oct 2014 covering an investment into #coinapult which included #bitcoinopportunitycorp aka #dcg aka #digitalcurrencygroup
Read 17 tweets
#Fantom On-Chain Analysis, $FTM surged more than 50% after #FTX and #Alameda collapsed
🧵👇
1- 75% of the $FTM current supply is locked, with the remaining 25% unlocked, indicating that whales and holders believe in the FTM token. #Fantom
2- As of today $FTM is down more than 90% from its previous all-time high of $3.3, and its market cap has dropped from $7.6 bn to less than $600 mn,
Read 18 tweets
:Collapsed #FTX hit by rogue transactions, analysts saw over $600 million outflows | Nov 12
- suspicious circumstances
m.economictimes.com/tech/technolog…
#UKRAINE "#MILITARYAID" FROM #USA WAS #INVESTED IN CRYPTO "#FTX" BY UKRAINE! | Nov 12
- The sudden collapse of "FTX" and its #Bankruptcy filing today, has revealed that FTX presently suffers from $10-$50 BILLION in liabilities with almost ZERO assets
halturnerradioshow.com/index.php/en/n…
#HeavenlyJerusalem. #FTXbankrupty filing today, has revealed that FTX presently suffers from $10-$50 BILLION in liabilities.
- #Ukraine was receiving money from the US, Ukraine sent it to FTX, Sam #BankmanFried and #FTX sent it to #Democrats
ImageImage
Read 32 tweets
1/ So basically SBF was using his own token $FTT as collateral in a flywheel scheme, allegedly misusing/gambling user deposits.

#CoinDesk published #AlamedaResearch's balance sheet which showed the extent they were using $FTT as collateral.
2/ #cz_binance was pushed into selling his $FTT holdings which made everyone question #FTX solvency.

A bankrun started and when everyone tried to withdraw it became clear that #FTX did not have enough funds to cover all the deposits.
3/ I am trying to find another logical explanation different from #FTX gambling with user funds.

Where are the funds if they were simply hodling them for the users? At least according to their ToS.
Read 5 tweets
Tout tweeter s'enflamme: la bataille entre #Binance et #FTX commence alors que FTX serait insolvable 🤯

Que se passe t-il réellement ?
Y a t-il des raisons de s'inquiéter d'un potentiel black swan à la #Celcius ? 🥶

Faites votre propre avis à travers ce #thread 🧵 👇 Image
Les sources de ce thread viennent de ce compte anglais 👇
Alameda Research est une société d'investissement crée par Sam Bankman Fried aussi CEO de l'exchange #FTX 🏦

Au début du mois, une source interne à #CoinDesk montre qu'Alamenda research a une trésorerie de 14Md$ - composée à 1/3 de #tokens #FTT 🤯 Image
Read 11 tweets
- September Wrecktember! NineSeventeen?
- Markets planned to crash under BidAn
- 99% cryptos will tank
- Digital Yuan & #ISO20022 tokens backed or pegged to #Gold/other assets
- Grab ISO bargains now
- New Fork
- New Fin system will rise from the ashes
- New Gov
- #tiktok 3, 2, 1
Read 16 tweets
The latest #OCC guidance allowing settlement through #stablecoins is exciting but with many side effects. There are threads that link it to the #Bitcoin price and ATHs, #Tether ,#Libra , #JPMorgan #WallStreet , #DCEP. I'm watching out for 6 aspects 👇1/n
1 - What most have caught on to is that stablecoins getting linked to banks will eventually make them more regulated and justify full AML/KYC disclosures. This will eventually be required everywhere, not just in the US. Another impact would be on reserve management..2/n
2 - There are few credible audits on the reserves of stablecoins. This will have implications for the #Bitcoin price. Many are aware that Bitcoin rice pumps are often correlated to heavy #Tether minting and movements from whale wallets. 3/n
Read 12 tweets

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