cryptodezire
@cryptodezire
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crypto hunger
worldwide
Joined January 2011
USDC, a coin with an artificially inflated market cap, is returning to its rightful value.
We took a look into where that $1 billion in USDC redemptions that just happened came from. The short answer is "Coinbase". The medium length seems to be "market makers". Here's the top wallets that sent $USDC to Circle's redemption address in the last 4 days:
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USDC rug pull in progress! Get your money out of USDC before 💩 happens AGAIN. frens
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….. There’s simply no gov’t accountability, so much arrogance!
“Crypto bros ... made over a trillion dollars out of thin air,” U.S. Rep. Brad Sherman has said at a House hearing. “They’ll accuse the U.S. government of making money out of thin air. Maybe we do, but we’re the U.S. government.”
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"Price you have to pay for your country"🤣🤣
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Don't be jealous of other people's success. Celebrate it, use it as inspiration. Life is way more fun that way.
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#FTT getting hammered after 23 million of FTT transferred to Binance. Will it trigger liquidation on FTT backed loan? Great opportunity for another fiasco to test the bottom.😅☮️
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Bots cleaning in progress!! Need extra sink!
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MakerDAO voted to raise the debt ceiling for its $stETH vault to 200M, further reduce #USDC influence since the issuer of USDC, banned 38 addresses connected to Tornado Cash. MakerDao should also reject CB proposal for 1.6 billion USDC custody as it actually adds more risk.
In the wake of the @TornadoCash sanctions, @MakerDAO aims to reduce its reliance on stablecoins like USDC.
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Be proud, you survived the days you thought you couldn’t.
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Coinbase is officially in Junk status rating downgraded by S&P. That should tell you something.
@SPGlobal downgrades @coinbase >junk, speculative, major ongoing uncertainties to adverse business, financial & economic conditions & IP risk is NOT accounted for. Our analysis https://t.co/NMRxRQCQeG Reggie v Ratings agencies https://t.co/tTrWS7ZVBv Speculative, uncertain money
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"You get rewarded for unique knowledge, not for effort. Effort is required to create unique knowledge." @naval
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"If you can’t be happy with a coffee, you won’t be happy with a yacht." @naval
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