0xTonberry
21 posts

0xTonberry
@0xTonberry
noun, noun, job title. prev. job title. pithy quote, weblink



Silicon Valley Bank is one of six banking partners Circle uses for managing the ~25% portion of USDC reserves held in cash. While we await clarity on how the FDIC receivership of SVB will impact its depositors, Circle & USDC continue to operate normally. circle.com/en/transparency




Today was the single largest liquidation event on FTX in its history and the runner up isn't even close. ~$600m Someone get carried out on a stretcher? Seems excessive given the move. But then again there's like 12 people who understand how their liq engine works.



You talk amongst yourselves, reassuring one another that ETH1 will dump to 0, policing each other for heretical thoughts. Yet, in spite of that, you feel something unsettling like a splinter in your mind.
















