Stephen Peepels

29 posts

Stephen Peepels

Stephen Peepels

@PeepelsStephen

Katılım Temmuz 2022
4 Takip Edilen22 Takipçiler
Sagzee
Sagzee@IAmSagzee·
👇📌TLDR: For those short on time: * Global oil transit through the Strait of Hormuz stopped due to insurance cancellations. * US military power cannot compel private underwriters to provide maritime risk coverage. * War risk premiums for tankers increased 50% following Operation Epic Fury. * Vessels with US or Israeli links are currently uninsurable for strait passage. * Major shipping fleets suspended all transits despite no kinetic attacks on vessels. * Diversion pipelines handle only 3 million of the 20 million daily barrels. * Analysts project global oil prices reaching 130 dollars per barrel if blockage persists.
English
4
90
350
66.9K
Shanaka Anslem Perera ⚡
Shanaka Anslem Perera ⚡@shanaka86·
Twenty million barrels of oil passed through the Strait of Hormuz yesterday. Today the number may be zero. Not because Iran mined the water. Not because a tanker was hit. Because Lloyd’s of London picked up the phone. War risk underwriters began canceling policies for strait transits hours after Operation Epic Fury launched. The Financial Times confirmed premiums surging 50 percent. Baseline war risk sits at 0.25 percent of hull value. For a hundred million dollar tanker that is 250,000 dollars per voyage. At peak escalation rates, one million per transit. Vessels linked to American or Israeli interests are becoming uninsurable entirely. No price. No policy. No passage. The KHK Empress was loaded with Omani crude heading for Basra when it executed a U-turn mid-strait and redirected to India. The Eagle Veracruz halted at the western approach carrying two million barrels of Saudi crude bound for China. The Front Shanghai stopped off Sharjah with Iraqi crude destined for Rotterdam. Nippon Yusen ordered its entire fleet to avoid Hormuz. Greece told its merchant armada to reassess passage. Hapag-Lloyd suspended all transits. None of them were fired upon. Every one of them got the same call. More than fifty million years ago the Arabian plate collided with the Eurasian plate and compressed the Persian Gulf into a basin that drains through a single geological bottleneck twenty one miles wide. Twenty one percent of global petroleum. Twenty percent of all seaborne LNG. One fifth of industrial civilization’s energy supply forced through a tectonic accident narrower than the English Channel, bordered on one side by the country whose supreme leader was killed yesterday morning. The USS Abraham Lincoln carries enough Tomahawks to sink every IRGC patrol boat in 48 hours. Operation Praying Mantis crippled Iran’s operational naval forces in eight hours in 1988. The Fifth Fleet has rehearsed this scenario for decades. None of that matters. Aircraft carriers cannot force an underwriter to rewrite a policy. Tomahawks cannot lower a premium. The most powerful navy in human history cannot make a Lloyd’s syndicate decide that a VLCC transiting Iranian coastal waters represents an acceptable risk on a Saturday afternoon when missiles are landing in Dubai. Goldman Sachs estimates Brent could peak at 110 dollars per barrel. JP Morgan projects 120 to 130. At those levels every airline bleeds cash. Every central bank watches three years of inflation fighting reignite overnight. Bypass pipelines from Saudi Arabia and the UAE handle roughly three million barrels. Hormuz handles twenty million. The math does not close. Iran figured out something the Pentagon still has not. You do not need to close a strait. You just need to make it uninsurable. open.substack.com/pub/shanakaans…
Shanaka Anslem Perera ⚡ tweet media
English
560
7.8K
19.5K
5.2M
Stephen Peepels retweetledi
MANTRA | The EVM L1 for RWAs
MANTRA | The EVM L1 for RWAs@MANTRA_Chain·
We are proud to announce the official support of @binance for our upcoming chain split upgrade that includes a token swap, redenomination, and rebranding from MANTRA (OM) to MANTRA (MANTRA).
MANTRA | The EVM L1 for RWAs tweet media
English
59
52
263
43.8K
Yusloveth
Yusloveth@yusloveth·
@jp_mullin888 @MANTRA_Chain wow! my only question is: why are these grifters holding that much $OM token? that’s way too much for an exchange to hold and it looks very suspicious to me
English
1
0
9
364
Stephen Peepels retweetledi
JP Mullin (🕉, 🏘️)
JP Mullin (🕉, 🏘️)@jp_mullin888·
Dear OKX, Thank you for your email dated 18 December 2025, and for your assistance in helping MANTRA to understand the $OM tokens held by OKX users and held by OKX directly. We fully support your efforts to ensure that all token issuers undertake contract upgrades or chain migrations to provide a clear, timely, and non-discriminatory migration pathway for all holders. We are fully aligned on this objective; to ensure that it is, in fact, achieved with respect to the current $OM token upgrade, we provide the following information: MANTRA will itself handle the migration of 100% of $OM tokens in your control. Given the size of you and your users’ holdings, we will migrate manually for maximum safety and assurance that it will be conducted with accuracy and efficiency. The exact process is one that we have used with several other exchanges and is tried and tested. Between January 3-5, 2026, MANTRA and OKX will migrate OKX’s OM holdings as follows: 1.⁠ ⁠On the day within that period chosen by OKX, OKX will send its OM in tranches of approximately 20M ERC-20 OM to the EVM address provided by MANTRA below. 2.⁠ ⁠Address: 0x49589e2a1fe84d07ee7a788bd46b596652f5d112 3.⁠ ⁠MANTRA will then migrate the tokens and send them on to an OKX controlled MANTRA Chain Address. Once each tranche is completed and confirmed, we proceed with the next one. 4.⁠ ⁠Each tranche should take ~15 min from the time MANTRA receives the tokens until the tokens arrive on the wallet address provided by OKX. 5.⁠ ⁠To prepare for the process, we suggest testing the flow once with 100 OM. This will allow us to show you the onchain trace of the migration to verify if needed. 6.⁠ ⁠As a first step, please provide the MANTRA Address you wish to use for the proposed migration process, and we will work on getting the test out as soon as possible. We recognize that this process changes your intended timeline by approximately two weeks. This change is not meant to interfere with your plans, rather, it is to make sure that we have all necessary resources fully available and participating in the migration, and that any issues that could possibly arise in connection with end of December holidays cannot impact the smooth operation of this transaction. We believe these steps provide a clear, timely, and non-discriminatory migration pathway for OKX and all its users. We continue to reiterate our full and unequivocal support of migration of all $OM tokens, and look forward to coordinating with OKX in the steps above to make that happen. All MANTRA's rights are reserved.
JP Mullin (🕉, 🏘️) tweet media
English
98
37
265
116.6K
ATLAS
ATLAS@atlas_crypt·
@jp_mullin888 @MANTRA_Chain Are you telling me that OKX holds 10.9% of the $OM circulating supply? WTF!!! Those tokens are clearly from the April liquidation cascade. This is broad-daylight robbery.
English
2
1
16
532
Natalia
Natalia@nataliadutz·
as 2025 is coming to an end, here are all the crypto conferences happening in 2026 Consensus HK 🇭🇰 10-12 Feb @consensus_hk ETHDenver 🇺🇸 17-21 Feb @EthereumDenver Digital Asset Summit NYC 🇺🇸 24-26 Mar @blockworksDAS EthCC Cannes 🇫🇷 30 Mar - 2 Apr @EthCC Paris Blockchain Week 🇫🇷 14-16 Apr @ParisBlockWeek Bitcoin Vegas 🇺🇸 27-29 Apr @TheBitcoinConf Token2049 Dubai 🇦🇪 29-30 Apr @token2049 Consensus Miami 🇺🇸 5-7 May @consensus2026 The Science of Blockchain Conference Stanford 🇺🇸 27-29 Jul @StanfordCrypto KBW 🇰🇷 TBA @kbwofficial Token2049 Singapore 🇸🇬 7-8 Oct @token2049 Devconnect India 🇮🇳 TBA @EFDevcon Solana Breakpoint London 🇬🇧 15-17 Nov @SolanaConf
English
52
22
314
26.9K
Stephen Peepels
Stephen Peepels@PeepelsStephen·
@0xnatz @consensus_hk @EthereumDenver @blockworksDAS @EthCC Financial Times Digital Assets Summit: May 13-14, featuring senior leaders on institutional adoption, regulation, and real-world asset tokenization. Digital Assets Week: October 2026, focusing on the institutionalization of digital assets, DeFi, and regulation.
English
0
0
0
20
Stephen Peepels
Stephen Peepels@PeepelsStephen·
@0xnatz @consensus_hk @EthereumDenver @blockworksDAS @EthCC Global Blockchain & Crypto Symposium: June 2026, a legal-focused event at Banking Hall for compliance pros, lawyers, and traders. International Conference on Blockchain and Cryptocurrencies (ICBC): Multiple dates, including June 29-30 and December 9-10, covering DLT
English
0
0
1
30
Stephen Peepels retweetledi
JP Mullin (🕉, 🏘️)
JP Mullin (🕉, 🏘️)@jp_mullin888·
Dear OKX, I have received your letter on December 10th, 2025. For transparency for our community, I am sharing the contents of the letter in my response. Let me state that we are sincere in supporting the migration, and the answers to your questions in paragraph 4 are as follows: After the ERC20 OM token deprecation event, which will occur on January 15th, 2026, we plan to facilitate the chain upgrade and 1:4 split sometime shortly thereafter. This could be as soon as the following week, but it may take longer depending on coordination with exchanges and other third parties. With respect to the procedure, this will be a chain-level upgrade, which will pass through an onchain proposal roughly several days before the upgrade and split is to take place. I want to confirm that this is not a smart contract change. This is handled at the protocol level by the Bank module. The native gas token changes from uOM (6 decimals) to aMANTRA (18). The redenomination is applied at the upgrade block height by multiplying all balances and total supply by 4. This requires no user interaction, and exchanges will just need to ensure the OM market is closed and a new MANTRA coin market is open in conjunction with this process and their own procedures. To clarify our request for more information, we understand that a significant number of tokens may be in the possession of OKX rather than held by users of the OKX platform. As part of our commitment to regulatory compliance, it is our longstanding policy to verify the background of any significant movements of OM tokens in which MANTRA is involved, including their provenance and the source of funds used to obtain them. This is different, for example, from small transfers of tokens by individual users of centralized exchanges. For this reason, we reiterate our request for OKX to confirm (i) the number of OKX users’ $OM tokens to be migrated and (ii) the number of $OM tokens held by OKX on OKX’s balance sheet. We are pleased to see that OKX states that it is reaching out in good faith to align our respective positions. We appreciate this effort, but we continue to believe that our discussions should be held in public for the benefit of our OM Token holder community. All actions we take, or statements we make regarding OM tokens will be taken or made with the best interests of the OM token holder community in mind and in compliance with applicable law, rules, and regulations solely. Protecting our community will always be our absolute highest priority.
JP Mullin (🕉, 🏘️) tweet mediaJP Mullin (🕉, 🏘️) tweet mediaJP Mullin (🕉, 🏘️) tweet media
English
74
52
220
77.5K
Stephen Peepels retweetledi
JP Mullin (🕉, 🏘️)
JP Mullin (🕉, 🏘️)@jp_mullin888·
Dear OKX, While I appreciate you responding to us for the first time since April, I believe, for transparency and the benefit of the broader MANTRA community, it’s best to continue this conversation in a public forum. MANTRA is planning to support OKX in the migration of users’ assets. We will always support the MANTRA community & OM token holders. In order to support the migration, could you please confirm the number of OKX users’ OM tokens you plan to migrate on December 22? Additionally, can you confirm the number of OM tokens held by OKX on your balance sheet? As per guidance from external counsel, we have been advised that OM tokens believed to be in possession of OKX are subject to ongoing litigation proceedings alleging potential misconduct, and we should refrain from participating in any transactions with those tokens. We remain open to ongoing dialogue as long as it’s done transparently, so the MANTRA and OM token holder community are kept fully aware. 🫡🕉️
JP Mullin (🕉, 🏘️) tweet media
English
75
69
236
47K
Rubi
Rubi@RubiRubidoooo·
I´ve folded my clothes wrong all my life 🤨🤔😇
English
191
7.3K
31.4K
2.5M
Massimo
Massimo@Rainmaker1973·
The idea behind fasting as a therapy
English
743
17.9K
123K
20.6M