Alex Svanevik 🐧 Profile picture
Sep 23 β€’ 1 tweets β€’ 1 min read β€’ Read on X
DBS launching crypto structured products.

Probably early among banks.

9 months after US ETFs launched - good indicator of how long it takes!

Bullish. Image

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More from @ASvanevik

Oct 6, 2023
Been asked about crypto going forward.

Below are 6 themes I think will play a role in the next cycle.

🧡
1/ Fintech frontend + crypto backend.

PayPal already has a stablecoin. Revolut lets you stake ETH.

And crypto startups like @basedappHQ already feel like fintech products.

Long-term, crypto replaces the backends for fintech.
2/ Gambling and betting.

Just makes a lot more sense with a DeFi backend. Instead of house taking a spread, it can live off the yields on capital.

L2s and account abstraction make apps more accessible to normies.

@LooksRare launched Yolo. @rollbitcom @PoolTogether_ etc
Read 8 tweets
Jan 7, 2023
How to scam people on @Airbnb - a quick guide.

(I know because I fell for it)
1. Create an ad that looks good, and make sure you leave out some information.

Add some fake reviews - note how these two guests coincidentally stayed with 2/2 same hosts πŸ€”
3. Immediately push guest to share phone number after they book:
Read 11 tweets
Dec 16, 2022
Some people don’t understand why we charge money for @nansen_ai.

Quick thread on why we charge:
1. Contributors to Nansen should be paid.

Voluntary contributions can work for a while, but it’s not sustainable.

VC money can pay for a while, but also not sustainable.
2. When users pay, the product has to be the best.

It sets a high bar for us.

I’m not interested in nice-to-have analytics. I want us to shoot for need-to-have.

We are top-right here: Image
Read 6 tweets
Nov 19, 2022
2.5% of all ETH is sitting in the Grayscale Trust yet no-one can find it on-chain?
I’m pretty sure @nansen_ai has the most complete tracking of Coinbase holdings. (Not perfect!)

CB is the custodian of Grayscale.

I see 4.85m ETH in CB wallets.

Assume 3m ETH of this is Grayscale.

That leaves only 1.85m ETH for other CB customers; 1/3rd of what Binance holds.
Given that CB has 1/8th the spot volume of Binance, holding 1/3rd the ETH reserves (excl. Grayscale) seems reasonable.

CB probably also has other large custody clients.

So: my guess is that the Grayscale ETH is already sitting in what we’ve tagged as CB in @nansen_ai.
Read 6 tweets
Nov 17, 2022
Temasek published a statement on FTX temasek.com.sg/en/news-and-re…
almost US$300B net portfolio value Image
8 months DD Image
Read 5 tweets
Jul 8, 2022
Since he chose to reveal his identity, let me share a short story ...
In Dec 2020, I hopped on a call with Jason to demo Nansen. At the time I just knew he worked at Celsius.
When I demo Nansen, there's no script.

We just look at whatever's happening on the screen, because there's always something interesting to dig into.

But this time I had built a new feature: the Wallet Profiler.
Read 13 tweets

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