do8 retweeted
(1/x)
Napkin math for USDC (not financial advice):
~$40B in circulation
~80% ($32B) in short-term US treasuries - the maturity dates are likely spread out pretty evenly with ~half maturing within a month (if we take the Jan snapshot and assume the same distribution)
do8 retweeted
Hundreds of millions of dollars are now flowing out of FTX wallets, some speculate liquidators but it's late on a friday night, not typical times for such rapid heavy movements. Some withdrawals are being swapped from Tether to DAI. Hack or insider actions? $26 million here
do8 retweeted
Solana has an active and robust ecosystem of builders. The network is strong. @solanaconf demonstrated that the energy and commitment and range of projects is stronger than ever. That hasn’t changed in the last 48 hours.
The vision remains the same. A thread 🧵
do8 retweeted
📣 Major announcement: @Meta is now using Arweave to permanently store digital collectables from @Instagram.
Instagram users are now able to issue digital collectables for their posts, stored on Arweave.
Some thoughts 👇
do8 retweeted
⛽️ Gas on #Ethereum is currently 2 gwei (as of 05:15:30 UTC). Great time to make transactions!
do8 retweeted
I have never once had a good looking, rich, smart, successful, talented or skilled person ever ask me for a source in a confrontational way
do8 retweeted
Massive exploit/drain going on with Solana seeing it live in Taiyo tons of people losing their whole balance out of no where.
Move everything to a ledger NOW.
Two wallets reported:
#1 solscan.io/account/CEzN7mqP9…
#2:
solscan.io/account/Htp9MGP8T…
do8 retweeted
The past few days:
• Ex-PM of Japan assassinated
• Sri Lanka's economy collapses
• Bank runs are happening in China
• USD = Euro for the 1st time in 20 years
"I have a bad feeling about this"
do8 retweeted
9-5 jobs are comfort money.
They give you just enough money to make it hard to leave.
Then you buy a car, buy a house, and have kids. Then it's just too much risk to leave the job.
Next thing you know, you blink, and you're 60.































