Michael Lossia

1.3K posts

Michael Lossia

Michael Lossia

@LossiaMichael

Katılım Ocak 2022
24 Takip Edilen441 Takipçiler
Michael Lossia
Michael Lossia@LossiaMichael·
@RhoRider @NotChaseColeman Is this Justin Sun related?!?
ChainArgos@ChainArgos

Circle blacklisted an interesting address: 0xfd03637733e810ed9a33e7658d06c80151fb0b61 Hasn't transacted USDC since 2020. But when it did this address touched lots of stablecoin defi (curve, maker, frax, etc) and Huobi. The only cex here is Huobi. Recall this is 2020 so Huobi was definitely an Asia-focused operation. And they don't touch Circle directly either -- this is 100% policing the secondary market. So this is a not-huge maybe-Chinese stablecoin defi user from 2020 that Circle decided for some reason to blacklist now. Hmm. There must be a legal proceeding we don't yet know about. For users: dashargos.chainargos.com/dashboards/57?…

English
1
1
1
134
Tiger
Tiger@NotChaseColeman·
ETH is a better relative value trade atm vs BTC. GBTC overhang may last for 3-6 months and BTC dominance this cycle has topped. Anywhere between 35k-38k on BTC you close two eyes though. Bid your cycle winners too.
English
1
0
8
4.7K
Michael Lossia
Michael Lossia@LossiaMichael·
@EleanorTerrett @Vanguard_Group @MerrillLynch You’re a journalist and actually posted this? So to sum, this guy walked into his local Vanguard and Merrill branch to pull his money and the account manager apologized bc he wanted to keep managing this guys funds. Huge breaking news lol. Who do you thinks makes Co decisions?
English
0
0
2
49
Eleanor Terrett
Eleanor Terrett@EleanorTerrett·
Wow. @Vanguard_Group and @MerrillLynch senior account managers now apologizing to clients for their firms’ “lack of vision” on #crypto exposure.
Mike Alfred@mikealfred

I called Merrill and Vanguard and told both companies that I’m pulling all of my money from all accounts. The rep at each company connected me with a senior account manager and in both cases that person apologized profusely for management’s lack of vision, admitted they owned Bitcoin personally, and said that they’ve received literally thousands of calls from customers looking to move accounts. This is the beginning of a larger movement.

English
111
293
1.5K
207.8K
Michael Lossia
Michael Lossia@LossiaMichael·
@Bitfinexed “(they are not ETFs registered under the Investment Company Act of 1940, the ubiquitous products that today are used by millions saving for retirement) – and that investors may infer protections that do not in fact exist.[44]”
English
1
0
1
81
Michael Lossia
Michael Lossia@LossiaMichael·
@s_alderoty @Ripple This is so dumb. The SEC has commissioners who vote. Majority votes decide. If one person has a view at the SEC, it means nothing. Like current crypto mom Hester Pierce. Now I’m pretty sure after seeing the “Hinman emails” Ripple is going to lose in SJ. There’s nothing there.
English
1
0
0
143
Stuart Alderoty
Stuart Alderoty@s_alderoty·
1/ It’s been 5 years since Bill Hinman gave his infamous speech – and through the SEC’s lawsuit against @Ripple (and 7 court orders), we can finally share what happened behind the scenes through the now public emails / drafts of the speech.
English
719
5.7K
11.3K
3.5M
Cameron Winklevoss
Cameron Winklevoss@cameron·
A 10 year-long registration process with no end in sight!
English
110
205
1.2K
228.5K
Michael Lossia
Michael Lossia@LossiaMichael·
@ParrotCapital @Bitfinexed @Cryptadamist don’t forget, Coinbase loses over 9 figures every qtr. what are they going to do without USDC Int income soon? Longs have been warned. Huge dilution coming for survival. They have no access to debt mkts.
English
0
0
7
581
Michael Lossia
Michael Lossia@LossiaMichael·
Coinbase SEC penalties could be over $6b. how much to defend the lawsuit? how many customers will they lose given cease and desist orders from states like Alabama (Coinbase has 28 days to respond to Alabama)? Coin has less than $4.2B in cash over $3b in debt @ParrotCapital
English
2
7
22
2.8K
Michael Lossia
Michael Lossia@LossiaMichael·
How long until MCO and Standard downgrade their debt further into junk territory? They have no access to debt mkts at the rates they would have to currently pay. Only chance of survival is a huge equity raise via dilution. Remember, this company already was losing tons of $/qtr
English
1
0
4
367
Michael Lossia
Michael Lossia@LossiaMichael·
@ParrotCapital He’s right though. The difference between Tether and Coinbase/USDC - Tether isn’t a public company ripping off investors with equity.
English
0
0
2
207
Michael Lossia
Michael Lossia@LossiaMichael·
@Marc_Fagel I have just a quick question, if the SEC only meets on Thursdays to vote on charging a company or individual, why are there announcements on different days of the week not always a Thursday?
English
0
0
2
98
Tiger
Tiger@NotChaseColeman·
$USDC gives attestaions (AUDIT WEN??) monthly. Since $SIVB 's collapse and subsequent $USDC de-pegging, #Cirlce has yet to provide a bullshit attestation for April or May. $COIN conveniently stopped disclosing the breakdown of Assets on Platform in Q1. Something stinks. $COIN
Tiger tweet media
Michael Lossia@LossiaMichael

And is that why they were so scared when USDC was about to depeg after SVB failure, offering $3b credit line? @ParrotCapital @Bitfinexed @Cryptadamist @NotChaseColeman

English
3
4
24
8.2K
Michael Lossia
Michael Lossia@LossiaMichael·
@Bitfinexed @NotChaseColeman @federalreserve @SECGov Was any discussion mentioned on the CC about why they discontinued Coinbase Borrow even though this company requires interest on anything to survive? Or was it brushed under the rug like they just didn’t want the program anymore?
English
1
0
4
217
Michael Lossia
Michael Lossia@LossiaMichael·
@Bitfinexed @NotChaseColeman What a joke that a publicly traded company that makes 25-30% of their rev from interest income of their “partner” Circle but does not demand a monthly audit for the sake of their shareholders to verify the USDC funds are actually there. How is this allowed @federalreserve @SECGov
English
1
0
9
4.1K

Keşfet

@RhoRider @NotChaseColeman @EleanorTerrett @Vanguard_Group @MerrillLynch @Bitfinexed @s_alderoty @Ripple