Discover and read the best of Twitter Threads about #EXCHANGES

@BambroughKevin

Why I think #Tether and more #exchanges / #crypto wallets will blow up shortly.

A study of banking history and wild cat banking reveals a consistent pattern. Greedy bankers love using fractional reserves.

They temptation is simply to great for these types to not dip into clients funds and try to trade for profit or simply invest in their own business hoping to achieve growth.

In the unregulated crypto industry this has all but surely been done nearly everywhere on a large scale

Evidence of this is the vast number of failed and fraudulent exchanges that have blown up in the last few years. But also just consider what you know of human nature and the typical greedy highly over confident attitude of the typical crypto executive.

Read 26 tweets

Jason Meyers

@JasonMeyersNYC

1) I lived under the regime of the #SEC for 25 years as an investment banker. So what I am about to tell you is nothing new to me. Every member of the securities industry can corroborate and every securities lawyer with integrity can back these statements.

2) DISCLAIMER: Before you proceed, you must know that I am not a #securities lawyer, and this is not legal advice. In addition, these are only my own opinions.

3) The SEC designs rules that makes them "operatively contagious", like a virus. If Im sick and I touch you, you get sick. To understand what this means one first MUST understand the term #Gatekeeper as it is has been commonly used in the regulatory community.

Read 24 tweets

Dan "fuserleer.eth" Hughes

@fuserleer

Thanks #ftx, #dex vs #cex debate is hot again in #crypto

I've spent many years thinking about #dex implementations & building prototypes.

Lets dive in a little & explore the possibility of replacing #exchanges with #decentralized alternatives today

A small thread 🧵

1) Firstly we need throughput, lots & lots of it. A popular exchange such as @binance is likely performing 10,000s of trades per second across 100s of pairs.

A few years ago this kind of throughput was a dream, but not so much today 💪

Our consensus mechanism at #radix could handle that level of throughput, other projects are also approaching that tipping point too.

Read 15 tweets

Krippenreiter

@krippenreiter

[1/9] "Don't Trust, Verify"
–Ein Spruch, der derzeit die Runde macht, nachdem Unsummen von Milliarden durch #FTX und #SBF veruntreut wurden–

5 Begrifflichkeiten, die du jetzt unbedingt verstehen musst, um Exchanges besser einschätzen zu können!
🧵👇

[2/9] 👉 "#Merkle #Tree"

• Ist ein binärer #Hash-Baum, also eine Datenstruktur in der #Kryptografie, bei der jeder Blattknoten ein Hash-Wert eines Datenblocks darstellt
• Nachträgliche Änderungen wirken sich auf die "Wurzel" aus
• Effizientes Mittel der #Datenüberprüfung

[3/9] 👉 "#Proof of #Reserves"

• Der Beweis durch einen unabhängigen Prüfer, dass der #Exchange tatsächlich ALLE #Assets (Einlagen und Salden) besitzt, die er vorgibt zu haben
• Während des #PoR wird der "anonymisierte #Snapshot" der Salden zu einem Merkle Baum zusammengesetzt

Read 9 tweets

cesarioo.eth

@cesarioo__

Au 3 Novembre 2022, 13% de la capitalisation du marché #crypto est constituée de #stablecoins 🏦

Combien connaissent leur fonctionnement 🤔

À la fin de ce #thread, vous comprendrez le mécanisme derrière les plus grands stablecoins et leurs désavantages pour mieux s’en protéger.

[0 - XX] Ce thread vous apprends

• Le mécanisme derrière ce modèle économique 💰
• Son utilité 🤔
• Une présentation des différentes alternatives: $USDC, $DAI et $LUSD 👍

En 5 minutes.

[1 - XX] Retrouvez ce thread en format blog sur mon medium 👇
cesarioo.medium.com/les-stablecoin…

Read 45 tweets

Peter Pan

@PanPeterS5

#VLRM look to get final confirmation of the #GSX deal, morphing from basically a Spac into one of the world's first fully regulated exchanges crossing the digital divide, between #fiat & #crypto!
So for under 12 Million MCAP what's currently not priced in & what can we expect...

🔥The #GSX is a regulated exchange market (Tier 1 exchange) which also holds an Multi-Lateral Trading Facility ("MTF") licence for the listing of specific forms of security under MiFID.
#markets #StocksToBuy #stockstoinvest #Aquis #aim

🔥#Juno - 3 areas of licensed operations cover the formation & management of trusts & similar entities, the administration of funds, a broad range of activities, like fiat & crypto currencies & the formation & management of companies in #Gibraltar / jurisdictions worldwide.

Read 16 tweets

Revo Avocats

@RevoAvocats

L’heure du @RevoTips ➡️ Le guide @RevoAvocats du contrôle fiscal en matière de #cryptos 📓 (Part 1)

Quels sont les éléments déclencheurs d’un contrôle #fiscal spécifiques au secteur crypto ?

(1 / )

A partir de cette semaine nous allons publier une série de threads sur le sujet du contrôle fiscal en matière de cryptos.

Cette semaine, on vous parle des éléments qui peuvent inciter l’administration fiscale à déclencher un contrôle fiscal. 🤔

Chiffres clés du contrôle fiscal pour 2021 :

➡️10,7 milliards d’€ encaissés, pour 13,4 milliards d’€ de droits mis en recouvrement

➡️Renforcement du ciblage via #datamining 👨🏻‍💻 👉 à l’origine de 45 % de contrôles contre 32,49 % en 2020

Read 17 tweets

Vedang R. Vatsa FRSA

@vedangvatsa

Airdrop

When #cryptocurrency projects distribute their native #tokens straight to their customers' wallets.

[#web3 glossary thread]

Alpha

Important or insider knowledge, notably about the value of #digital assets such as #cryptocurrencies and #NFTs; a measure of an investment's return over and above that of the market or other benchmark.

[#web3 glossary thread]

Altcoin

Formerly used to describe any #cryptocurrency that wasn't #Bitcoin; however, #altcoin is now used to describe any new cryptocurrency with a low market valuation.

[#web3 glossary thread]

Read 102 tweets

Obafemi (The Crypto Guy)

@cryptobafemi

Let's Talk about DeFi..

DeFi stands 𝗗𝗲𝗰𝗲𝗻𝘁𝗿𝗮𝗹𝗶𝘀𝗲𝗱 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 but what's it all about?

Is it just Bitcoin? What does it really entail?

𝗪𝗵𝗮𝘁 𝗶𝘀 𝗗𝗲𝗙𝗶? [DeFi 101] 📝

A Thread 🧵
👇👇👇

When we talk about #Bitcoin, we talk about a peer-to-peer system that allows people to send and receive money without any intermediary like the Bank or stock Exchanges.

But Financial services are more than sending and receiving, ain't that right?

That's where Defi comes in.
1/n

DeFi not only allows transfer of money.

It allows for other financial services such borrowing, lending, fixed deposit, etc.
2/n

Read 14 tweets

Peter Pan

@PanPeterS5

As always patience is tested in these markets & that also applies to #VLRM... everyone wants the #GSX approval done yesterday. But as with everything the best things come to those wait & remain patient. Purchasing the #Gibraltar Stock Exchange is a a major deal by any standards!

But these things take time, that's the reality especially when governments see these assets as very important for their financial sector stability & growth. Both @RPoulden & @FrontierFinance want this wrapped up quickly in order to move onto the next phase of there global plan.

Myself and all LTHs are in this for the major re-rate, it will happen IMHO - sooner than people think!The eventual plan is to create a multi billion global exchange. But as with anything it has to be done right first time and this involves working hand in hand with the GIB Gov.

Read 25 tweets

thebestwallet.eth

@ZenGo

According to Coinbase: Users *could* lose their #crypto holdings on the exchange if it files for bankruptcy.

Source: businessinsider.com/coinbase-warni…

But it’s more nuanced than that.

Now is the time to explain a *CRITICAL* difference between #exchanges & #crypto wallets

🧵1/7

2/7 #Crypto exchanges operate similar to traditional banks.

Exchanges hold your assets for you, and make it easy to swap between the traditional fiat financial system (like $USD) and the world of crypto (like #Bitcoin).

3/7 Because of the way they are structured, #crypto exchanges have custody of your funds, and transactions with them are off-chain, controlled & recorded by them.

If they are “closed” (downed servers or closed on weekends/holidays), they can limit access to your funds.

Read 7 tweets

Peter Pan

@PanPeterS5

10 Predictions For Blockchain, Crypto Assets, DeFi, And NFTs For 2022 onwards! @ValereumPLC @FrontierFinance
1. Bitcoin price reaches $100,000 USD & the crypto asset market grows in breadth and depth
2. Ethereum undergoes upgrade & remains the dominant smart contract platform

3. #Crypto investments become more sustainable
Issuers of #ETPs, #crypto #exchanges, mining companies, & financial institutions are interested in offering #green products & services to their customers
4. #Web3 infrastructure paves the way for the decentralization of the internet

5. #NFTs and #blockchain-based gaming become a source of income
It remains exciting to wait for the dawn of the multi-chain world. Once value transfers are seamless across different crypto-universes, this could spur a new wave of adoption, and the NFT and blockchain-based gaming

Read 20 tweets

Peter Pan

@PanPeterS5

I'd recommend everyone listen to this. Not directly related to #VLRM in terms of the #GSX, but in terms of the 20% option on GSX group! Very exciting indeed! this is very exciting.

If you listen to some of the concepts talked about linking different trading groups together such as FIAT, #Crypto, #Metals #Carbon etc then GSX can do ALL of that.

The story is unfolding nicely, becoming more clearer with each passing week about how this deal came about now and the option on both companies, essentially this is Patrick's vision from his previous works but GSX have the technology to make it happen.

Read 9 tweets

Le Cryptonome

@LeCryptonome

[#THREAD]

Vous êtes vous déjà dit : "J'ai acheté trop tard" ou "J'ai vendu trop tôt"!

Rationalisez votre stratégie d'investissement grâce à la plateforme 4kings.xyz

Venez découvrir cet outil d'aide à l'investissement et rendez vos positions lucratives sans stress

[DISCLAIMER]

Les méthodes et #outils présentés dans ce #thread ne constituent pas un conseil en #investissement.

Par ailleurs, s'appuyer sur cet outil ne vous dispense pas de réaliser des recherches sur les fondamentaux des projets.

[CONTEXTE]

Investir dans les #cryptos, c'est être prêt à y passer du temps et à vivre du stress au quotidien.

La volatilité, les rebondissements sur le marché chaque semaine, les nouveaux #projets prometteurs.

Tous ces facteurs demandent un investissement personnel important.

Read 21 tweets

Eduard Oneci 🚀🚀🚀

@eduardoneci

Scaling with @ElrondNetwork 🚀🚀🚀

It's time to present what we're building

Introducing the new @ZoidPay site that:
⚡️RESONATES our ethos as the go-to crypto liquidity platform
⚡️PRESENTS use-cases
⚡️CONNECTS us closer to YOU

💡 zoidpay.com

$ZPAY $EGLD
THREAD

2/8

We've been moving very fast on tech & dev, and felt it right to put in place a new look @ZoidPay site, one that shows what we've built and what's coming

It's been designed to show what we bring to the table for retail users, #developers, #blockchains, #wallets & #exchanges

3/8

For Retail:
Shop Anything from Anywhere with Crypto

Think,
⚡️Instant Liquidity
⚡️Non-custodial payments for shopping
⚡️Shopping with the lowest fees and guaranteed rewards on every purchase

$EGLD $ZPAY

Read 8 tweets

💻 From 0 To 10K 🚀

@From0To10k

[Thread] Le sujet du jour sera : Comment entrer et sortir ses euros dans le monde de la #Crypto

Dans ce thread, nous allons principalement aborder les virements SEPA pour les dépôts/retraits.

Mettez vous à l'aise devant la cheminée et enlevez vos chaussettes, let's go ⬇️

Le constat

Aujourd'hui, sur la majorité des exchanges, on voit comment acheter/déposer de la #crypto et tout est fait pour que ce soit simple.

En revanche, il est plus difficile de trouver comment retirer sa #cryptomonnaie pour transformer en euros vers son compte #bancaire.

Nous allons surtout voir les dépôts via virement #SEPA car ceux via CB coûtent cher en terme de frais.

Perso, aucun intérêt de déposer des € avec 1 et 5% de frais.

Mais que ce soit par #CB ou #virement, vos € arriveront de la même façon sur le compte de votre exchange.

Read 30 tweets

Krutika Amin

@KrutikaAmin

As signaled in the 2022 #NBPP #PaymentNotice Part 2, the Biden Administration has issued a 2022 NBPP Part 3 on #ACA #Exchanges. Proposals include:
-Increase in enrollment opportunities
-Repealing Trump admin option allowing states to leave Exchanges
public-inspection.federalregister.gov/2021-13993.pdf

The Biden Admin is proposing extending open enrollment by 30 days and creating a monthly special enrollment period (SEP) for low-income people with incomes up to 150% of poverty.

The rule contemplates risk of adverse selection with a monthly SEP for low-income people in ACA Marketplaces. Low-income people are more price sensitive but this group is eligible for free-premium plans, which may dampen the adverse selection risk.

Read 5 tweets

Sourav Kumar Nanda

@SouravInsights

The crypto boom is taking off like crazy! Everybody now wants to own digital money. People are using Exchanges/P2P to buy them. However, exchanges are currently the most popular choice for many! So it's high time we talk about them & understand "How they Work" in this 🧵 #thread!

Table of Contents: 📝
▪️What's an #exchange & how it works?
▪️Who are #MarketMakers & why we need them?
▪️What's #liquidity & why it matters?
▪️Types of Exchanges:
- Centralized Exchanges #CEX
- Decentralized Exchanges #DEX

#Retweet if you like the content! Let's get started! 🚀

What's an #Exchange?
It's just a platform that matches #buyers & #sellers. They say what price, they are willing to buy/sell any particular asset, the exchange matches these 2 orders & the trade happens. The price at which the trade got executed becomes the "Last Traded Price".

Read 18 tweets

John E Deaton

@JohnEDeaton1

#XRP AND #EXCHANGES

I hope to be proven wrong but as I’ve said before I do not believe that @coinbase @krakenfx @binance etc. are going to re-list or un-suspend #XRP until the @SEC_Enforcement comes out and issues a no-action declaration or we get clarity from the SDNY Court.

Let me explain how the SEC Attorney misled the Court when answering Judge Netburn’s question regarding whether anyone selling #XRP would be violating Section 5 of the Securities Act.

This will also help me prepare for our brief (due in 8 days). 😥😫

Attorney Tenreiro said that

Section 4 exemptions would apply and therefore retail holders would not be in violation. Not true. If the purpose and intent is to have #XRP distributed by purchasers into a secondary market no exemption applies under Section 4, as Tenreiro suggested to Magistrate Netburn.

Read 9 tweets

Chris Jacobs

@chrisjacobsHC

THREAD: Ahead of @realDonaldTrump speech on #healthcare, it's worth looking at how @JoeBiden's plan likely will undermine the existing system of employer health coverage.

Details in my report available here -- or follow/RT this thread... 1/ juniperresearchgroup.com/post/5608/how-…

Regarding employer coverage, @JoeBiden's health plan contains two key features. First, it would allow individuals who have an offer of employer coverage to go to the Exchanges and receive subsidies -- right now, they can't do that in most cases... 2/ joebiden.com/healthcare/#

Second, @JoeBiden wants to increase #Exchange subsidies. He would allow individuals with incomes over 400% of poverty (about $100K for a family of four) to qualify for them (they can't now). But he also wants to expand the existing subsidies for those under 400% of poverty... 3/

Read 19 tweets

CryptoLovett

@cryptolovett

@latokens What a Fcking rip off!

You charged me a 10110 fee to withdraw from your exchange.

10100 at the current time of withdrawal was $170+ USD

You greedy bastards!

Especially when it costs less than 0.0000005 to send tokens from one address to another.

These #Ripoffs are the cancer of #Crypto Worse than the Fcking banks!

If we all stop using #exchanges like these they will eventually die and cease to exist!

So @latokens got back to me in regards to the atrocious fees they are charging the community

They charge a 1% Fee + some other fee on top!

The 10100 RWN i was charged is now over 360USD worth! @latokens come on guys this is pure bullshit!

You are literally robbing us!

Read 4 tweets

Discover and read the best of Twitter Threads about #EXCHANGES

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Discover and read the best of Twitter Threads about #EXCHANGES

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