SBF Profile picture
25 Aug, 4 tweets, 2 min read
1) @FTX_Official is proud to announce that we've extended capital to @Liquid_Global.

All customer assets are safe and backed fully backed.

coindesk.com/recently-hacke…
2) We've admired what Liquid has been working towards: a leader in international cryptocurrency compliance, and one of the longest running exchanges in the ecosystem.

And we're excited to find more ways to work with them.
3) But for us, and for the Liquid team--@MikeKayamori, @CooLiquid, and everyone else--the customers always come first.

Which is why the first priority for them and for us was to make sure that everyone was going to be protected.
4) And that, after that, @Liquid_Global is in a strong position to continue growing out its licensing, technology, and business.

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More from @SBF_FTX

6 Sep
ftx.us/nfts/list

Make your own NFTs 🔥

e.g. ftx.us/nfts/token/291…
All NFTs will be cross-chain ETH/SOL!

Deposits/withdrawals opening up in the next couple weeks.

You'll also be able to deposit outside NFTs then!
also available at ftx.com/nfts/list

also both US and non-US users can use FTX US!
Read 4 tweets
31 Aug
1) This is probably one of the most exciting announcements we've ever had.

@ftx_us + @ledgerx

forbes.com/sites/steveneh…
2) It's been incredibly exciting getting to know @zachdex and the whole LedgerX team, and watching them, @Brett_FTXUS, @_Ryne_Miller, and others work together on a common goal:

one of the most exciting goals in the crypto ecosystem.
3) We're excited to work with the @CFTC on innovating in the US crypto derivatives space in a regulated, understood manor.

Common ground between regulators and industry is the foundation of safe, sustainable innovation.
Read 4 tweets
16 Aug
1) The currency of crypto
2) What's the 24h volume on @FTX_Official?

@coingecko's API says 205,706.

Which, at this point, will seem really weird to anyone in the industry. Shouldn't it be around 10B?
3) For those who have been here a looong time, though--predating me--this might be exactly what you're expecting. (CoinGecko's API is retro!)

In the last 24h, FTX has traded roughly 200k BTC worth of assets.

But at this point, BTC-denominated volume is all but gone.
Read 22 tweets
15 Aug
2) Huobi burned 2.3m HT ~ $22.6m for the month of July.

What does that mean?
3) Well, Huobi claims to burn 20% of its revenue.

(This is a little complicated -- they buy/burn 15%, and then they buy/burn 5% from something that looks kinda like the team allocation: huobi.com/support/en-us/…)

So that means they're claiming about $110m revenue in July 2021.
Read 9 tweets
14 Aug
1) Some thoughts on @coinbase's 2021Q2 financials:

investor.coinbase.com/home/default.a…
2) First, let's not bury the lede.

Coinbase brought in $2B of revenue in 2021Q2.

That's a lot.
3) I almost wanted to end the thread there, because I really do think that's the headline result!

But there are a lot of other interesting tidbits.
Read 16 tweets
9 Aug
1) Live now: senate.gov/legislative/fl…

talking about the ultimate compromise amendment. A live thread!

context:
2) @SenToomey pitching the amendment, doing a pretty good job.
3) ok I'm sure this is a complete coincidence but this speech shares a bit of language with my threads on the bill.

AGAIN THIS IS A COINCIDENCE AND I'M ONLY SAYING THIS BECUASE A MAN CAN DREAM, RIGHT???
Read 19 tweets

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