1/x🧵 THE JAPAN MOMENT IS NOW. If you think crypto is crazy right now, watch what's happening to the worlds MOST indebted #g7 country! Forget FOMC. Forget 3AC. Forget Celcius. Since 2010 I've been closely following this situation... Thanks to 🇺🇸 Kyle Bass 🇹🇼

Cygaar's helpful breakdowns #2: A beginner's guide to reading NFT smart contracts. I'm going to show you how to start reading smart contracts even if you don't know how to code.

Scary how close SBF was to getting away with all of it. - CPI pump to $2k ETH. - Stablecoin to plug $10b hole. - Prohibitive DeFi regulation to ban competition. The fraud wouldn't have been uncovered. Don't want to imagine that future. Thank the heavens (but mostly CZ).

Can some muppet please buy this for $3bn at some boomer art fair so I can get some of my money back?

One of the distinctive features of FTX was their liquidation engine. During rapid market movements, they "internalized" liquidated positions rather than simply dumping them on the market. You can read more about this approach in their own words here: web.archive.org/web/2022111122…

This has to be one of most insane parts of this saga. FTX faking an order from the Bahama regulators to sneakily withdraw funds while everything was paused, only to have the Bahama regulator say that FTX was lying!

Most people don't realize how crucial Silicon Valley Bank is. Billions of dollars in venture debt. Untold amounts of warrants and convertible notes in early-stage firms. If SVB fails, this could be the Lehman moment for the startup world.

SVB does not deserve a bailout. A deep look at their financial statement reveals how horrific they were at risk management. And in my opinion incompetence explains only part of it. Moral hazard must have been at play. A thread. 1/

Bears really coming out of the woodwork on March Philly Fed data… I think it’s the wrong take. A lot of people are using the 1970s as the period most similar to today… Some are using 2000 or 2008… We’re using 1990. It’s a near perfect fit. Let me show you… A thread 🧵

So Aevo is here, the first custom rollup L2! Sharing something I found interesting:

US TREASURY MULLING DE FACTO DEPOSIT INSURANCE ON ALL ACCOUNTS, INCLUDING THOSE ABOVE $250K TO STEM REGIONAL BANKING CRISIS: GASPARINO

We just performed a system upgrade of Aevo Exchange Matching engine latency is now 3x faster than before 🔥🔥

One of the best ways to learn about the Copper Industry is by studying the Top 10 Global Producers. I read each of the Top 10 #Copper Producer quarterly reports so you don't have to. Here's a thread on the most important data and themes from the world's largest players ... 🧵

.Aevo with some impressive growth!

“So there are only 21 fully diluted million bitcoins, and now some of the biggest asset managers in the world are starting to aggressively compete to get some small fraction of the tens of trillions of dollars of walled garden managed assets into them.”

THIS WEEK’S HIGHLIGHTS⚠️ 1. Headline CPI came hotter than anticipated at 3.4% YoY (Exp. 3.2%, Prev. 3.1%), 0.3% MoM (Exp. 0.2%, Prev. 0.1%). Core CPI came in at 3.9% YoY (Exp. 3.8%, Prev. 4%) and 0.3% MoM (Exp. 0.3%, Prev. 0.3%). Deeper dive 3 month annualized CPI is now

RIP Jim Simons "I did a lot of math. I made a lot of money, and I gave almost all of it away. That's the story of my life."

If you want to understand Asian geopolitics today, this is an absolute must-watch. This is George Yeo, who was a Singaporean cabinet minister during 21 years, including Minister for Foreign Affairs during 7 years. In my humble opinion, very few people out there have such a

I am particularly excited by the new mechanism by Dave White & Dan Robinson because we can now build & deploy a Reth-based L2 Sequencer that enables L2 appchains to capture their own MEV. Want to implement the MEV taxes on Reth? Reach out?