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Lucas Nuzzi
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timechain connoisseur
PGP: 9BC8 0DAF FA83 9310 713E A6AE CCBE 6232 8E12 C14E
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1/ Over the past few weeks, my team at @coinmetrics has been obsessed with answering one question: How did Alameda manage to lose billions of dollars of FTX user funds? I think we've found some answers 👇🧵 twitter.com/LucasNuzzi/status/1595080029716
by Lucas Nuzzi
1/ I found evidence that FTX might have provided a massive bailout for Alameda in Q2 which now came back to haunt them. 40 days ago, 173 million FTT tokens worth over 4B USD became active on-chain. A rabbit hole appeared 🧵👇 twitter.com/LucasNuzzi
by Lucas Nuzzi
Bitcoin’s Proof Of Work Is Well Worth Its Fees
by Nic Carter