Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺

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Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺

Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺

@Bitfinexed

Exposed Bitfinex/Tether as one the largest financial frauds in history. "A powerful force working to harm Tether." - Tether CEO - Ludovicus Jan van der Velde

15kYzB3h8ASNoJf4NyVJ4X3ub5TzcMcgBW Katılım Nisan 2017
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Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺
Tethers lawyer Jason Weinstein claims that they produced forensic evidence showing that Tethers were fully backed every single day. That's strange. The CFTC said the exact opposite. How come Tether doesn't produce this forensic evidence for the public to see it, to end the FUD?
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Alexander Lorenzo
Alexander Lorenzo@alexelorenzo·
Banks need to adopt crypto, here's why: Tether earns $13B a year on $140B worth of stablecoins issued. JPMorgan could clear $10B+ a year issuing its own. That's why every major US bank flipped from anti-crypto to all-in. Not ideology. It's a cash grab.
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Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺 retweetledi
⚯ Michel de Cryptadamus ⚯
@farnsjennifer @ImDrinknWyn @Bitfinexed never got a conclusive answer but i will just note 1. a large biz in china can give cover to moving large amounts of money out of the country illegally 2. the reference to stern's "chinese guys" strikes me as very sus 3. [tinfoil] could include tether x.com/Cryptadamist/s…
⚯ Michel de Cryptadamus ⚯@Cryptadamist

@ParrotCapital @mrbcyber @ImDrinknWyn @scoopercooper wow, here's Epstein and Stern discussing how they can get an exclusive license to run a crypto exchange in Belarus because "my Chinese guys can't do it" this email just jumped immediately into my top 5 all time epstein emails jmail.world/thread/EFTA024…

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Alexander Lorenzo
Alexander Lorenzo@alexelorenzo·
Tether makes $13 billion a year just for holding the dollars behind your stablecoins. 100 employees. $130 million in profit per person. The most profitable company per employee in modern history. US banks are now trying to take that back. The FDIC used to insure each stablecoin holder up to $250,000. As of April 7, that protection is gone. Only the digital dollars banks issue are insured now. They didn't ban stablecoins. They just rewrote the rulebook so the dollars go to the banks.
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Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺 retweetledi
Protos
Protos@Protos·
Largest Solana treasury stock lost $1B while earning 6.7% staking rewards protos.com/largest-solana…
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Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺 retweetledi
Protos
Protos@Protos·
Nigel Farage faces official inquiry over £5M Christopher Harborne ‘gift’ protos.com/nigel-farage-f…
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Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺 retweetledi
⚯ Michel de Cryptadamus ⚯
⚯ Michel de Cryptadamus ⚯@Cryptadamist·
"wash trading is good, akshually" i almost spit out my drink upon reading "That concern does not translate to digital assets, where transactions typically reflect genuine use and changing positions, not the kind of abuse the rule was intended to address."
⚯ Michel de Cryptadamus ⚯ tweet media
Coin Center@coincenter

The Wash-Sale Rule Would Break Crypto Tax Compliance By walking through detailed real-world scenarios, this report demonstrates that a crypto wash-sale rule would undermine compliance, distort ordinary economic activity, and impose costs far exceeding any potential revenue gains. New report: coincenter.org/the-wash-sale-…

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Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺 retweetledi
raagulanpathy
raagulanpathy@raagulanpathy·
I worked at AWS in 2013, and this was basic architectural decisions which can be fixed by spending more money. The problem is Coinbase is just a badly run company at this stage, they spend billions on staff and billions on acquisitions, make a loss and can’t do basic AWS architecture and running dedicated fibre and creating fast mirrored databases. Or even dedicated infrastructure. These are excuses for a $millions revenue company, not a $billions company. $COIN was once my favourite stock, and now I think it’s absolutely not. Engineers need to focus on building product and shipping, not just spending all day on policy. Harsh, but you know it’s true.
Brian Armstrong@brian_armstrong

We experienced an outage at Coinbase last night, which is never acceptable. The root cause was a room overheating in an AWS datacenter when multiple chillers failed. We design our services to be redundant to downtime in any one AWS Availability Zone (AZ), and most of our systems worked this way last night, but not all. Our centralized exchange did not. Exchanges have unique architectures that optimize for latency and co-location of clients. It is possible to make exchanges resistant to AZ failures, but this can introduce latency delays that are not desirable along with breaking customer co-location. Given this incident, we'll revisit these tradeoffs to ensure we're giving you the best possible venue to trade. At a minimum, the duration of an outage should be able to be reduced considerably when an AZ move is needed. Thank you to the AWS and Coinbase teams for working through the night to mitigate the issue. We’ll share the detailed technical summary once it's ready.

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Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺 retweetledi
DelCrxpto
DelCrxpto@DelCrxpto·
You are less likely to win your trade if you make it on @coinbase. Regardless if you win the or lose the trade, you are likely unable to withdraw on @coinbase.
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Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺 retweetledi
Frank Rundatz
Frank Rundatz@FrankRundatz·
Coinbase was down for seven hours and had to “work through the night” because an air conditioner failed. For those that don’t know - an Availability Zone just means a data center in AWS-speak. Typically, people who use AWS spread their apps across multiple Availability Zones and even across multiple Regions. AWS makes this easy to do for even small businesses. Here we have the CEO of Coinbase saying they didn’t do that because of latency concerns. This is what we call bullshit. Brian is saying if they made their system redundant then customers’ connections to Coinbase would be slower. This statement is sort of true but seems to be designed to fool non-technical people. Because any technical person knows that Coinbase could have fairly easily designed their system to fail over to a secondary Availability Zone AND THEIR CUSTOMERS COULD’VE FOLLOWED THEM. In such a design, no additional latency is introduced. Coinbase knows this, they just don’t seem very good at their job. Which makes sense when they’re saying they’re laying people off because non-technical people are using AI to do technical work.
Frank Rundatz tweet media
Brian Armstrong@brian_armstrong

We experienced an outage at Coinbase last night, which is never acceptable. The root cause was a room overheating in an AWS datacenter when multiple chillers failed. We design our services to be redundant to downtime in any one AWS Availability Zone (AZ), and most of our systems worked this way last night, but not all. Our centralized exchange did not. Exchanges have unique architectures that optimize for latency and co-location of clients. It is possible to make exchanges resistant to AZ failures, but this can introduce latency delays that are not desirable along with breaking customer co-location. Given this incident, we'll revisit these tradeoffs to ensure we're giving you the best possible venue to trade. At a minimum, the duration of an outage should be able to be reduced considerably when an AZ move is needed. Thank you to the AWS and Coinbase teams for working through the night to mitigate the issue. We’ll share the detailed technical summary once it's ready.

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Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺 retweetledi
Austin Barnhill
Austin Barnhill@bh30317·
Here’s another banger courtesy of @coinbase. @brian_armstrong how are you out here closing accounts and not allowing withdrawals?
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Murtaza Hussain
Murtaza Hussain@MazMHussain·
NEW: Jeffrey Epstein advised the U.S. Treasury Department in briefings dealing with the emerging use cases of bitcoin and other cryptocurrencies. The 2014 meetings came while the Obama administration was in the midst of highly-sensitive negotiations with Iran over its nuclear program; which coincided with Epstein’s own private meetings with lead U.S. negotiators in the talks at the time. Epstein has very involved in the early development of bitcoin as well as investing in cryptocurrency infrastructure and working with top developers in its infancy. His role with Treasury discussing the implications of crypto during the Iran talks has years later come to intersect with Iran’s own growing reliance on crypto to evade sanctions and operate its new toll regime on the Strait of Hormuz. Link below:
Murtaza Hussain tweet media
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