We’ve seen a number of rumors circulating since the launch of XPL and want to set the record straight.
1/ No team members have sold any XPL. All investor and team XPL is locked for 3 years with a 1 year cliff.
2/ Of our team of ~50, three spent time at Blur or Blast. Our team…
@rleshner One of the biggest lies still told by SBF supporters is FTX creditors were made whole when that’s not actually true bc if you held crypto assets, everything was calculated based off of 2022 prices and the market has risen significantly since then leaving creditors rekt.
Let’s recap:
SBF stole customer funds from his exchange, made a mockery of the industry and set legislation back by years, and left a trail of despair in his wake.
Things are optimistic now, because hard times made strong men/women, who stuck around against all odds.
gm
Let’s recap:
SBF stole customer funds from his exchange, made a mockery of the industry and set legislation back by years, and left a trail of despair in his wake.
Things are optimistic now, because hard times made strong men/women, who stuck around against all odds.
gm
I fixated on R:R when I started trading
It looks good on social media to have a super narrow stop and/or huge target
But it doesn’t actually work
First of many new, high quality educational pieces I’ll be posting on Breakout 🫡
I fixated on R:R when I started trading
It looks good on social media to have a super narrow stop and/or huge target
But it doesn’t actually work
First of many new, high quality educational pieces I’ll be posting on Breakout 🫡
BOOM: SEC has approved the generic listings standards that will clear way for spot crypto ETFs to launch (without going through all this bs every time) under '33 Act so long as they have futures on Coinbase, which currently incl about 12-15 coins.
📱📱📱
I am still going to recommend using a totally different setup for cold vs hot just so the user can isolate their behaviors.
Try using squads in the cold setup.
I came across this brilliant concept of raffling off houses, that’s apparently all the rage in the UK.
You have a house that’s worth 300,000. You sell lotto tickets at 3 apiece, 150,000 tickets at minimum.
You tap into the mindset of a gambler, and end up selling your house…
If you use a Ledger or hardware wallet with clear signing, you are not at risk.
My tweet above is warning people who do not use a hardware wallet with clear signing of the risk. Always review every transaction before you sign.
🚨 There’s a large-scale supply chain attack in progress: the NPM account of a reputable developer has been compromised. The affected packages have already been downloaded over 1 billion times, meaning the entire JavaScript ecosystem may be at risk.
The malicious payload works…
~40% of daily code written at Coinbase is AI-generated. I want to get it to >50% by October.
Obviously it needs to be reviewed and understood, and not all areas of the business can use AI-generated code. But we should be using it responsibly as much as we possibly can.
There are lots of people who have been in crypto since my time (early 2017) that basically haven’t made any money
You just don’t hear about them because dead bodies don’t talk
You need to assume that you’re an impulsive idiot who will round trip most of your money
So hedge…
A frequent, and fair, criticism of my work is; "he abandons everything he builds", so why should @flyingtulip_ be different? In 2020-2021 I was obsessed with decentralization and immutability, the only true roadmap for that was Satoshi. The only way to let a protocol truly…
1/ The Wormhole Foundation has arranged financing and is prepared to make an initial offer of at least $120M USDC for @StargateFinance, exceeding the initial $110M ZRO bid. An all-cash purchase provides $STG holders with maximum certainty and immediate liquidity. No delays and no…
A wallet that withdrew 15K BTC from HTX and Binance 7 years ago ($95M at the time) just used Hyperliquid to sell its BTC.
Over the past 8 hours, it deposited around 550 BTC ($62M) to Hyperliquid and is currently selling.
hypurrscan.io/address/0x2ea1…
This caused BTC to wick down…
🚨 $YZY traders wrecked.
56,050 wallets touched the token:
• 14,957 lost up to $500
• 1,273 lost $500–$1K
• 1,878 lost $1K–$5K
• 429 lost $5K–$10K
• 523 lost $10K–$100K
• 64 lost $100K–$1M
• 1 lost $1M+
Meanwhile, only 5 wallets made $1M+.
Total bloodbath.
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