Ronin

I wish I had acquired wisdom at less of a price

We're witnessing the biggest leverage reset in crypto history. One of crypto's largest VCs 3AC is facing insolvency, which could spell disaster for the entire space. 🧵: The ULTIMATE thread on what led to the downfall of 3AC, and what it means for the future of crypto. 👇

If you think the bots on Twitter today are bad You have no idea the scale of bot farms that will exist to value-drain play2earn games

Why $ust's peg has everything to do with @CurveFinance's #3pool A thread on $ust's collapse with @dicksonlai_ @GabrielGFoo @themlpx 🧵 @TheSpartanGroup @nansen_ai #luna

ok here is how the $luna $ust attack was coordinated & executed. 🧵 (quoted from a friend) - attacker OTC accumulated $1bn of UST - borrowed $3bn in $btc - spread around some fud about peg and bank runs - dumped the fuck out of their $3bn $btc on market to trigger wider panic

Heard about a friend of a friend who took his life after losing family savings on Anchor last night. This market is now extremely predatory and it's a good time to reassess whether you want to play the game or not. Good time to check on friends too 🧡

A short story.

WOW. Bloomberg finally opensourced memray—a new versatile memory profile for Python. Can't way to use it. Thread 👇

What the hell is going on in financial markets? A thread on stocks & bonds, volatility, and #bitcoin. 🧵🧵

@thal0x To everyone that wants to learn more about MEV, here's a good starting place thedailyape.notion.site/MEV-8713cb4c2d… h/t @knowerofmarkets

Sinks & Faucets: Lessons on Designing Effective Virtual Game Economies by @Terry15Chung link.medium.com/gSaDlWtfXmb

@Josue46853322 @Jihoz_Axie Ngmi

@Jihoz_Axie A terrible idea to reduce the rewards in adventure mode, now my interns have a score of 700 and it is not even profitable to give scholarships, because now everyone wants reptiles or fish, I congratulate them hand down, Now tell me the slp, where is it? did it serve any purpose?

“The first sketch I did of an Axie was Puff, our Axie #1 in the game. It was a quick sketch, everything flowing from instinct. " - Masamune

The US is in big trouble with twin deficits & high debt. But few realize that a Fed-issued digital USD token can change the fate of America. How? Grab a coffee ☕️ & read on 👇

1/ Hard to soft Money: The Hyperinflation of the Roman Empire Thousands of years before 1920s Weimar Germany 🇩🇪 hyperinflation, there was the great currency debasement of the Roman Empire 🪙 . 🧵 👇

🗞️ Good morning Singapore!

𝗤𝗖𝗣 𝗠𝗮𝗿𝗸𝗲𝘁 𝗨𝗽𝗱𝗮𝘁𝗲 𝟴 𝗝𝘂𝗹 1/ There's been much talk about the upcoming GBTC share unlocks which begin in earnest next week. We've discussed Grayscale and GBTC previously but would like to go into greater detail in the second part of this note

@gemsays Idk, cringe af to me

So much fun