Andreas Feiner 🦇🔊
2K posts

Andreas Feiner 🦇🔊
@FeinerAndreas
Partner @ PwC & entrepreneur
Frankfurt am Main, Hessen Katılım Mart 2016
4K Takip Edilen1.4K Takipçiler


@MikeBurgersburg @KingdomZild i was looking for language but it says that funds are treated in a segregated way. but i want to make sure
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@tether through which banks are you trading the liquiditation of your portfolio to meet redemptions? @Bitfinexed @MikeBurgersburg @paoloardoino
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@LucaLand97 lets see when the good stuff (i.e. liquid) is sold for repaying customers and we are getting to seriously impaired or illiquid assets. however, not unlikely that @tether is accepting that not all funds are covered by assets...
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@sassal0x i am fully with you. howevery the current situation needs to be resolved. protocols stacked above protocols, too much leverage and little to no risk management. and then @tether... once @tether is gone, there will be epic opportunities to buy ETH @Bitfinexed
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@ncweaver @viresfinance ok. thank you. perhaps i am missing something important. can you borrow USDT undercollateralized by USDN?
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given the implosion of #DeFi protocols today i looked at @viresfinance's loan book.
100% of $USDC and $USDT has been given out in "loans" that were "overcollateralized" with $USDN, a death spiraling stablecoin.
prediction: it's only a matter of time before #Vires collapses.


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@ncweaver @viresfinance not sure i get what you mean and how this works. can you explain? who do they borrow USDT from?
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@paoloardoino doesn't really show in your market cap. should be something more like 63bn USD after burning 4,5bn USD?? @Bitfinexed

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PSA🚨🚨🚨: WhaleAlert is mis-tagging the Tether Multisig wallet.
These funds were burned, not moved to bitfinex.
Whale Alert@whale_alert
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨4,500,000,00 #USDT transferred from Tether Treasury to #Bitfinex whale-alert.io/transaction/et…
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@tether @Bitfinexed @MikeBurgersburg so it seems there is a shift happening. @tether redemptions are being - at least partially - scooped up by #USDC. I wonder how long this will go on.


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@MikeBurgersburg @coffeebreak_YT but why are you anonymous?
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@0xhauru @lightcrypto where can i get this chart from? is it also available on other coins?
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@Reiziger_88 @Bitfinexed @tether @RealWillyBot the more redemotions are coming, the more likely @tether has to sell...
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@Bitfinexed @FeinerAndreas @tether @RealWillyBot They've already stipulated they don't M2M? Am pretty sure they declare they mark to purchase price, then follow the classic crypto mantra of "its not a loss if you don't sell"
Hint. It's a loss. You just haven't realised it yet.
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@tether, very interesting. the USD162m capital cushion does not change at all during these times. are you sure you are marking your assets to market? @Bitfinexed @RealWillyBot

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@BetteMidler is it that these guys are overweight? they need to be careful not to overeat. or, the t-shirt, the flag and the semi-automatic rifle perhaps??
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