Southern fried crypto
@AltcoinAssasin
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Artist, Photographer, Hiker, Nature Lover, I sometimes shitpost
Joined September 2020
Wall street loves Bitcoin. Throw all your normal metrics in the trash. Real money is here.
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LFG
🚨JUST IN: 12 Senate Democrats unveiled a detailed framework for market structure legislation this morning, signaling the minority party’s readiness to work across the aisle on comprehensive crypto reform. The group, made up of @SenRubenGallego, @MarkWarner, @SenGillibrand,
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🇭🇰 LATEST: Hong Kong's HashKey launches a $500M digital asset treasury fund, with initial focus on Bitcoin and Ethereum exposure.
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$48.8 BILLION in fake volume $800 BILLION in 2 days One wallet. One chain Welcome to Solana One wallet: 2HDozvLZ8JPC8tuj5gKicAX3UX92AaKqXKkNGTyQgxC5 generated 48.8B in “trading volume” in 48 hours Nearly 800B across pairs This was not adoption It was wash trading How?
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SEC Crypto Task Force met today w/ several cos to discuss convergence of crypto & AI… Read this. Will keep saying… don’t think people fully appreciate how *fast* things are moving.
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Damn they really invited people here just to gotcha them ?
CUBAN: “Half my family is Ukrainian … I think we should help.” TUCKER: “How much money have you sent to Ukraine?” CUBAN: “None.” TUCKER: “If you think we need to help, why don't you start?”
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Did this thing just off itself ?
farewell
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JUST IN: 🇺🇸 Congress introduces bill directing the Treasury to outline a plan to custody Bitcoin acquired by the Federal government, including BTC held in the Strategic Bitcoin Reserve 👀
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Explanation of the current npm hack In any website that uses this hacked dependency, it gives a chance to the hacker to inject malicious code, so for example when you click a "swap" button on a website, the code might replace the tx sent to your wallet with a tx sending money to
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holy shit
BREAKING: In another historic move, the French government has just collapsed for the second time this year. This makes President Macron the first French president to have two government collapses in 12 months since 1953.
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🚨 UPDATE: 3,160,888 $SOL ($680M) were unstaked and transferred to Binance across three transactions.
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imagine everyone just gets drained all at once and that’s how the cycle ends lol
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Wut
🚨 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
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Wut
🚨 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
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Opeansea is extending their voyage campaign 😂😭
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Introducing MegaUSD: USDm, built with @megaeth_labs on the Ethena Stablecoin-as-a-Service stack MegaUSD will be backed by USDtb, which holds its reserves primarily in Blackrock BUIDL USDm will operate as MegaETH's native stablecoin, underpinning major native applications
Introducing MegaUSD (USDm), the native stablecoin of MegaETH. Built in collaboration with @ethena_labs. $USDM aligns incentives across stakeholders, letting users and apps enjoy the lowest fees possible while routing scalable value back to MegaETH.
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I may have went too heavy into $SBET and faded $BMNR too much. Kinda of thought Lubin had some tricks up his sleeve but he's being massively outmaneuvered by Tom Lee so far.
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This is correct @amitisinvesting $BMNR purchased 13.7mm shares of $OCTO for $1.46 per share, or $20 million in total, as part of BitMine's 'moonshot' 🌙strategy This directly benefits BitMine shareholders as this investment is currently worth $1.1 billion to $BMNR
Bitmine $BMNR bought 13M shares of $OCTO at $1.46. They are up 2500% on that investment as per today’s move. If the stock stays at these levels, which is trading at about 30x NAV, then that $20M would be worth $550M on paper. Seems like Tom Lee is looking to invest in
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LET THEM COOK
JUST IN: 🇺🇸 US House Committee on Financial Services calls for the Senate to pass crypto 'Clarity Act' market structure bill.
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Fed cutting interest rates will have dual positives of: - lowering interest rates, particularly mortgage rates could fall (spread to 10Y) - boosting biz confidence as ISM below 50 for a record 31 months This is why a Fed cut in Sept will be supportive of equities, particularly
“I think it’s important for the Fed to intervene,” says Tom Lee of @fundstrat after last week’s jobs report: https://t.co/pj6m7pLWXX
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what is people aren't people just grok typing really slow ?
What if grok isn’t AI and it’s just a guy typing really fast
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