More information on how to verify your identity and access your funds in a safe and secure way is available in the inboxes of eligible customers and on our blog: https://t.co/4oSe2FflXu [4/4]
Verifying your identity is quick! It should take roughly 10 minutes, with two forms of ID and any additional paperwork completed and on-hand. [3/4]
ANNOUNCEMENT 🚨: The BlockFi Estate is working to make ALL final distributions. Clients with outstanding distributions MUST complete identity verification by May 15th, 2025. There are still significant amounts of USD and crypto that have not been claimed by customers. Why is that? … 🧵[1/4]
BlockFi International customers may be contacted to provide information or documents required for such diligence, and the Plan Administrator will file a notice describing the process when it is confirmed with the relevant authorities so that customers can verify incoming requests.
More information on this announcement is available on our blog: https://t.co/Zc98gOtVCp
Earlier in July, the Plan Administrator successfully sold BlockFi’s outstanding claims against FTX for an amount in excess of the face value of the claims. As a result, the BlockFi Estate will be distributing 100% of the dollarized petition date value on all allowed customer claims.
BlockFi is pleased to announce that, based on the BlockFi Estate’s recovery efforts, clients can now expect to receive 100% of your eligible claim from the BlockFi Estate.
Please find all the information related to Coinbase distribution on the Coinbase Help Page (https://t.co/v4EBAKTd1X) and the BlockFi Client FAQs page (https://t.co/AGJcdrDNdh).
Please keep in mind that client communications will exclusively occur via official email channels, on social media @BlockFi, via our claims agent, Kroll (blockfiinfo@ra.kroll.com or BlockFiBankruptcyNoticing@noticing.ra.kroll.com), or Kroll’s claims distribution partner Digital Disbursements (noreply@digitaldisbursements.com) or from Coinbase (CBBlockFiExchDistro@coinbase.com or info@mail.coinbase.com). Do not communicate via any other channels.
As described in our previously announced Coinbase distribution partnership blog post (https://t.co/M0T56YiKAe), BlockFi will commence first interim crypto distributions through Coinbase in July 2024.
In order to access your transaction history and tax documents, log into the BlockFi web platform, and navigate to Reports from the top right hand corner menu where you will find available data that you can download.
Please visit our blog post for additional information: https://t.co/23H3ixfYGC
We advise all clients to download their transaction history, tax forms, and any other important data from the platform prior to the shutdown date.
As previously announced, the BlockFi web platform will shutdown by May 31, 2024 at 11:59 PM UTC. After this date clients will no longer be able to access the BlockFi platform.
Please visit our blog post for additional information and instructions: https://t.co/xK6rYryzwO
The specific date will be separately communicated over the next few weeks. We advise all clients to download their transaction history, tax forms, and any other important data from the platform prior to the shutdown date.
BlockFi is pleased to announce Coinbase as our distribution partner to ensure continuity of crypto withdrawals available to our eligible BlockFi Interest Account (BIA), Retail Loan, and Private clients.
More information is available on our blog: https://t.co/hCD0OHGZzU
If you are a client who needs to complete Identity Verification, the necessary details have been sent to the email address associated with your account. If you received more than one Identity Verification request, that may be because you submitted multiple withdrawal requests that require verification of your identity.
For clients who have already submitted Estate withdrawal requests, the deadline to fulfill the Identity Verification requirement is now May 10, 2024, at 11:59 PM UTC.
Login to https://t.co/Z0HUNP0n3T and submit your withdrawal request as soon as possible. Step by step instructions on how to initiate a withdrawal can be found here: https://t.co/N2quj6giq6
Identity Verification information requests must be received by May 3, 2024 at 11:59 PM UTC.
This is a reminder that the deadline to submit your initial estate crypto withdrawal request(s) on the BlockFi platform is April 28, 2024 at 11:59 PM UTC.
Please note the following key dates for processing Estate withdrawals: (1) Estate withdrawal window closes on April 28, 2024 at 11:59 PM UTC. (2) Identity Verification information requests must be received by May 3, 2024 at 11:59 PM UTC.
More information is available on our blog: https://t.co/3sl9alImYK
The deadline to submit your initial estate crypto withdrawal request(s) on the BlockFi platform is now April 28, 2024 at 11:59 PM UTC.
BlockFi is not making any outbound phone calls to clients at this time. Please visit our Client Security Awareness blog post: https://t.co/ty6BpqGEXl for additional information on how to maintain vigilance against potential scams.
Our security team has been notified of increasing attempts from malicious actors targeting BlockFi clients. As we approach the closing of the initial round of estate withdrawals through the BlockFi App, you should expect an uptick in phishing attempts and spam phone calls.
For more information, please see our blog post here: https://t.co/zPRC6IqdTe
In sum, the settlement will maximize the value to be received on account of BlockFi’s claims through ensuring that FTX recognizes the full amount owed to BlockFi.
BlockFi is pleased to announce the successful resolution in principle of all litigation and other disputes between BlockFi and FTX and its affiliated debtors (collectively, the “FTX Debtors”).
We apologize for any confusion and inconvenience this may have caused. Please see our blog post for additional information: https://t.co/2oaLjfwJtQ
The February 1 communication contained a typo mislabeling Kroll’s distribution partner whose correct name is Digital Disbursements. This typo has been updated on our February 1 blog post and via this update.
On February 1, 2024, BlockFi announced that Estate distributions would be commencing shortly. This process is being managed by Kroll Restructuring Administration LLC (“Kroll”), the distribution agent for BlockFi and its affiliates, as managed by the chapter 11 plan administrator.
Making Estate distributions as quickly, efficiently, accurately, and safely as possible is our top priority. Estate withdrawals will be conducted in batches and clients will receive an email with further instructions when they are eligible to initiate withdrawal requests.
Please visit our website for further information: https://t.co/xoxCvfd2fc
This is the first wave of distributions for these products and BlockFi anticipates returning 20 - 40% of eligible clients’ allowed claims. BlockFi continues to expect further recoveries from the FTX estate that will be the source of further distributions to clients when received.
Accordingly, not all accounts will be immediately available. Further announcements will be made regarding the date each class of accounts will be opened.
The opening of withdrawals will be staggered across account types and values to minimize risk and to ensure a smooth withdrawal process for all involved over an anticipated period of a few weeks.
Additionally, on January 17, 2024, the United States Bankruptcy Court for the District of New Jersey granted relief necessary for BlockFi to commence interim distributions.
On January 22, 2024, BlockFi completed returning crypto from its Wallet Product, sending back all requested client assets in full in kind to nearly 130,000 clients, totaling over $500MM worth of crypto. Today, BlockFi is announcing the start of its next wave of distributions.
Beginning in February, clients in BlockFi’s remaining products including BlockFi Interest Account (BIA), loans clients and private clients, may be able to initiate withdrawal requests.
TO BE ELIGIBLE FOR A DISTRIBUTION, CLAIMANTS MUST HAVE AN ALLOWED CLAIM. CLAIMANTS WHO HAVE FILED A CLAIM THAT HAS NOT BEEN RECONCILED AND ALLOWED WILL BE ELIGIBLE FOLLOWING THE RECONCILIATION OF THEIR CLAIM.
This is a reminder for clients eligible to withdraw digital assets from your BlockFi Wallet account.
RT @planb_network: @LuganoLivingLab @pow_space @LuganoPlanB @knutsvanholm @stiven_hey_ @keidunm 4️⃣ Next up: @PrestonPysh firechat with @keidunm deep diving into Bitcoin lending. It kicked off with a look back at the BlockFi collapse and a stark warning on the risks of rehypothecation. A powerful one. https://t.co/nHvlpYy9Gn
@LuganoLivingLab @pow_space @LuganoPlanB @knutsvanholm @stiven_hey_ @keidunm 4️⃣ Next up: @PrestonPysh firechat with @keidunm deep diving into Bitcoin lending. It kicked off with a look back at the BlockFi collapse and a stark warning on the risks of rehypothecation. A powerful one. https://t.co/nHvlpYy9Gn
BlockFi 破产清算方与美国司法部(DOJ)就一项 3,500 万美元加密资产转移诉讼达成和解,该案现已被法院以“带偏见撤诉”形式驳回,意味着无法重新提起。该诉讼最初由 DOJ 于 2023 年 5 月提出,涉及从两名爱沙尼亚籍嫌犯的 BlockFi 账户中扣押资金,所涉刑案与 BlockFi 破产程序无关。BlockFi 此前已与 FTX 达成 8.75 亿美元索赔和解,并于 2023 年 9 月获批破产重组计划。(Cointelegraph) https://t.co/KSwaP93pXy
RT @RyanChow_DeFi: 2022 was the year it all broke. BlockFi. Celsius. 3AC. FTX. Everyone chasing “safe” yield on their Bitcoin suddenly realized: the yields weren't real. And for me, that changed everything. I’d been in crypto long enough to believe in decentralization, but it wasn’t until that moment that I truly understood what it meant to build infrastructure people could trust without trusting us. We asked ourselves a simple question: What would it take for someone to confidently put their BTC to work, without giving up self-custody, transparency, or optionality? That’s when the idea behind SolvBTC was born. We didn’t try to promise insane yields. We focused on building yield primitives, real engines that generate real returns: • Delta-neutral DeFi strategies • Borrow-lend loops with stablecoins • Structured yield from integrations like Binance Launchpool We also took compliance seriously, long before most DeFi protocols did by getting SolvBTC vaults certified as Shariah-compliant. Fast forward: • In one year, we crossed $100M in TVL. • In two, we passed $1B. • Now, we cross $2B. And that’s only the beginning.
2022 was the year it all broke. BlockFi. Celsius. 3AC. FTX. Everyone chasing “safe” yield on their Bitcoin suddenly realized: the yields weren't real. And for me, that changed everything. I’d been in crypto long enough to believe in decentralization, but it wasn’t until that moment that I truly understood what it meant to build infrastructure people could trust without trusting us. We asked ourselves a simple question: What would it take for someone to confidently put their BTC to work, without giving up self-custody, transparency, or optionality? That’s when the idea behind SolvBTC was born. We didn’t try to promise insane yields. We focused on building yield primitives, real engines that generate real returns: • Delta-neutral DeFi strategies • Borrow-lend loops with stablecoins • Structured yield from integrations like Binance Launchpool We also took compliance seriously, long before most DeFi protocols did by getting SolvBTC vaults certified as Shariah-compliant. Fast forward: • In one year, we crossed $100M in TVL. • In two, we passed $1B. • Now, we cross $2B. And that’s only the beginning.
How did @RyanChow_DeFi and his team get SolvBTC TVL into the billions? It all started in 2022. BlockFi, Celsius, and co were going under. People were hungry for decentralized alternatives to earning yield on BTC. So @SolvProtocol stepped into the arena. https://t.co/a36t92mCan
If you have survived - FTX - LUNA - UST - 3AC - Celsius - BlockFi - USDC depeg - Banks collapsing - Binance Bank run - SEC suing all exchanges - BTC crash from $69k to $15k and you are still in Crypto, you truly deserve to become a multi millionaire
☠️ FTX is dead. Celsius Network is dead. BlockFi, 3AC, Voyager, Terra … all wrecked. But their wallets? Still alive and holding $1.5B+ in crypto.🤯 From 5M $SOL to $232M in $FTT, zombie assets are waiting to nuke the market. 💣💥 @graminitha1 breaks it down⤵️ https://t.co/JsRPOPyyEj
I didn’t experience the same extraordinary circumstances as @songadaymann but went through my own earth shattering crypto tax debacle years ago. I earned income in tokens (not stablecoins), owing a % for income tax, and then watched the value of multiple tokens go down to a sum total where these tokens equaled less than what I owed in taxes. My saving grace was I did pay part of my taxes as 2022 markets were in free fall, and I later opened multiple loans in TradFi to supplement paying off my taxes, loans I would work to pay off over many years. If you do anything today, please google / chatgpt the importance of what you owe in taxes on income vs capital gains. I learned this the hard way. It’s a common mistake among crypto veterans. The key here is if you are lucky enough to make $3M in ETH like @songadaymann and live in the US, you will owe taxes based on the USD price of those tokens (ie ETH) the day you made this money ($3M). Let’s assume you are in the 37% bracket for a married couple filing jointly, you owe a shit ton of taxes, ie $1.1M. The IRS doesn’t care if you held it in ETH and it goes down in price where the ETH is now worth $1.1M or less. They will come for your taxes due in USD. And before you get all judgey “how the f is this a bad thing if you made millions?” the extraordinary part of his story and others I know, is the trap of these taxable events—the government has never supported crypto but they sure AF love to tax it for every imaginable reason. The other issue crypto investors commonly run into horrific circumstances is the mindset of HODL we propagate. Staying long over many years is why so many have achieved new wealth but it’s exactly the opposite of how we should treat newly paid income in volatile tokens. The mindset for how to tackle income tax for income paid in tokens (other than stablecoins) should be to SELL immediately and lock in whatever you can for taxes. Even when I get an airdrop nowadays, I will rarely hold onto it without selling for taxes. I have been super bullish on tokens but after what I lived through, I know the downside to not selling and owing taxes so it’s pretty much automatic for me. With crypto income taxes, another looming issue stems from the systmeic collapses that hit the industry at least once every 4 years. For example in 2022, we had Terra, 3AC, Celsius, BlockFi, FTX so there were a string of catastrophic events in the market that would have fucked anyone holding income paid in tokens. Let’s pretend you aren’t even a crypto degen but you are bullish BTC and your client offers to pay you in BTC, so you make $10,000 or even $100k all throughout 2022 working for them. Your client paid you a lump sum in BTC in Feb 2022 at $45k BTC, and now it’s Dec 2022 and BTC is down to $16k. You file as Single and in the 32% the tax bracket, so you might owe at least $32k in tax. However due to the way you got paid in BTC in multiple payments in 2022, you end up with a lump sum close to $35k of BTC, because your original payment of BTC dropped 65% but you got paid later at lower BTC prices. In the end, you have $35k in December for $100k of work. The IRS doesn’t care you’re down in BTC. They want your taxes based on $100k and now you’re behind on payments, and must sell $32k, leaving you with $3k from $100k of work. And that’s assuming you didn’t need that money for monthly expenses throughout the year and didn’t burn through it already, meaning you need to come up with $32k. By holding ETH or any volatile token, it’s as if you made money and then immediately made a trade into ETH by holding it in ETH. This is what throws off crypto natives, we talk so much about these digital currencies like they’re money but the IRS treats you like you got paid in USD and then degen aped into ETH. I know taxes aren’t fun but I am begging you to wrap your mind around his story and think ahead, if/when you make it how will you handle your taxes? This can happen to you. 😳
Worst things to ever happen to crypto: - Mt. Gox - FTX - LUNA/UST - 3AC/Celsius/Voyager/BlockFi - Pump Fun - Bitconnect
Apparently what @BitwiseInvest does is too much to ask from @saylor and @MicroStrategy... and @MtGox, @FTX_Official, @BlockFi, @CelsiusNetwork, et. al. https://t.co/8Yxq6zW1oQ
RT @AP_Abacus: Every month there is a new trope in Bitcoin. “Bitcoin Treasury firms are bad and will all blow up. Debt. Leverage. Bad.” $BTC treasury firms are hundreds of miles removed from previous cycle risk stories like 3AC, Genesis, BlockFi, etc etc. Reminder: Tick, tock another block. 🟧🟧🟧🟩
Every month there is a new trope in Bitcoin. “Bitcoin Treasury firms are bad and will all blow up. Debt. Leverage. Bad.” $BTC treasury firms are hundreds of miles removed from previous cycle risk stories like 3AC, Genesis, BlockFi, etc etc. Reminder: Tick, tock another block. 🟧🟧🟧🟩
It’s such a shame BlockFi didn’t work out Really liked it a lot
Crypto loans are close to mainstream adoption. Did you know that you can get a loan on your BTC like you can get a mortgage on your house? Borrowing against your crypto loans has been possible onchain for 8+ years with products like MakerDAO and Aave but the non-custodial UX has been a blocker for many. Centralized services like BlockFi have also offered it, though they weren't transparent, took too much risk and blew up. Now Coinbase offers onchain loans via Morpho in a hosted wallet. Users get a good UX and the transparency and liquidity of an onchain product. Gamechanger.
RT @keegan_selby: Huge moment for DeFi. Crypto natives have been stacking BTC & ETH in @aave and borrowing tax-free to pay their expenses for years. @ether_fi just productized that play into the first DeFi credit card for normies. No CeFi custody risk like BlockFi. Massive unlock for a new generation of long term holders.
Huge moment for DeFi. Crypto natives have been stacking BTC & ETH in @aave and borrowing tax-free to pay their expenses for years. @ether_fi just productized that play into the first DeFi credit card for normies. No CeFi custody risk like BlockFi. Massive unlock for a new generation of long term holders.
RT @Wise_Token: We saw what happened with Celsius, Voyager, and BlockFi. So we built something they never did — a protocol that protects its users. WiseLending doesn’t ask for trust. It earns it — on-chain, every block. Get started at https://t.co/iWWvY46YI8 https://t.co/TnsUZkkKVM
We saw what happened with Celsius, Voyager, and BlockFi. So we built something they never did — a protocol that protects its users. WiseLending doesn’t ask for trust. It earns it — on-chain, every block. Get started at https://t.co/iWWvY46YI8 https://t.co/TnsUZkkKVM
💸 The crypto-lending landscape is evolving, and Tether is now leading the charge! Once dominated by dedicated lending companies, Tether has captured over 70% of the market share by Q4 2024. According to a report from Galaxy Digital, Tether emerged as a crucial source of liquidity during recent downturns. Alex Thorn notes, "They have probably been a really much-needed source of liquidity in this market." Despite concerns about risk, Tether assures that all loans are overcollateralized and conservatively managed. "Tether never defaulted on any loan," the firm stated. As the crypto-lending market shrinks following the fall of major players like Celsius and BlockFi, Tether's dominance raises questions about the future of this sector. What are your thoughts on Tether's role in crypto lending? Let us know! 💬
ANNOUNCEMENT 🚨: The BlockFi Estate is working to make ALL final distributions. Clients with outstanding distributions MUST complete identity verification by May 15th, 2025. There are still significant amounts of USD and crypto that have not been claimed by customers. Why is that? … 🧵[1/4]
Bitcoin for years remained static, great for holding, but hard to use! Real use cases,Real yield and Real users should be the sole applications of blockchain. Coredao changes this narrative! $CORE is pioneering a new era for Bitcoin as the first true “Bitcoin Consumer Chain.” Because this time it allows BTC holders to stake, swap, and engage in DeFi without centralized bridges, custodians, or sacrificing security. What does it mean? BTC on Core is: ✅ Staked – Earn yield without custodial risk. ✅ Swapped – Access fast, scalable DeFi. ✅ Used in dApps – Deployed across an EVM-compatible environment. Because of these, CORE gained Market traction: ✔️ 33M+ unique addresses ✔️ 325M+ transactions processed ✔️ 6,200+ BTC staked, securing Core’s PoS ✔️ $1B+ ATH TVL, largest BTC-native DeFi ecosystem What made core a game changer? Before Core, Bitcoiners had limited yield options: ❌ CeFi (BlockFi, Celsius, FTX) – Collapsed. ❌ DeFi (WBTC, tBTC) – Requires risky custodial bridges. 🔹 Core Fixes this: Stake BTC directly to Core’s PoS network. ✔️ Secure, non-custodial rewards ✔️ Dual Staking for enhanced yield ✔️ Active role in network security Disclaimer - I have invested in Core So please do your own research.
RT @usetellerintern: The exit of CeFi lenders like BlockFi, Celsius, and Genesis created an opportunity in crypto’s credit infrastructure. Institutions were looking for trust. DeFi was ready with liquidity. Both were ready for a better solution. @ClearpoolFin stepped up, building a decentralized marketplace for unsecured institutional lending—the kind of high-trust, high-volume credit that powers TradFi. It’s DeFi built for institutions: transparent, scalable, and already moving big volume. And with Teller, users don’t have to sell $CPOOL or unwind yield positions to utilize Clearpool’s offerings. Use $CPOOL tokens as collateral for time-based loans—no margin calls, no liquidations. Clearpool brings credit onchain. Teller keeps you in the game. So, how does it work?👇
The exit of CeFi lenders like BlockFi, Celsius, and Genesis created an opportunity in crypto’s credit infrastructure. Institutions were looking for trust. DeFi was ready with liquidity. Both were ready for a better solution. @ClearpoolFin stepped up, building a decentralized marketplace for unsecured institutional lending—the kind of high-trust, high-volume credit that powers TradFi. It’s DeFi built for institutions: transparent, scalable, and already moving big volume. And with Teller, users don’t have to sell $CPOOL or unwind yield positions to utilize Clearpool’s offerings. Use $CPOOL tokens as collateral for time-based loans—no margin calls, no liquidations. Clearpool brings credit onchain. Teller keeps you in the game. So, how does it work?👇
RT @ExponentialDeFi: 🤝 Your assets are never on Exponential’s balance sheet. Unlike BlockFi & Celsius, where user funds were mixed with company money (and lost in bankruptcies), your assets on Exponential stay onchain—fully separate & always in your control. Even if we shut down, your funds remain yours.
RT @BTCTN: One of the major knock-on effects of the FTX’s blowup up was the collapse of Bitcoin-backed lenders, such as Celsius, Blockfi, and Voyager. @hodlwithLedn, a Bitcoin-backed lender, survived and is now bigger than before the event. One major reason is their stellar risk management. Adam Reeds (@adamreeds), CEO & co-founder of Ledn, explains to @_dsencil their approach to risk management.
One of the major knock-on effects of the FTX’s blowup up was the collapse of Bitcoin-backed lenders, such as Celsius, Blockfi, and Voyager. @hodlwithLedn, a Bitcoin-backed lender, survived and is now bigger than before the event. One major reason is their stellar risk management. Adam Reeds (@adamreeds), CEO & co-founder of Ledn, explains to @_dsencil their approach to risk management.
🤝 Your assets are never on Exponential’s balance sheet. Unlike BlockFi & Celsius, where user funds were mixed with company money (and lost in bankruptcies), your assets on Exponential stay onchain—fully separate & always in your control. Even if we shut down, your funds remain yours.
RT @ExponentialDeFi: The collapse of BlockFi & Celsius shattered trust in crypto yield. But DeFi offers a fundamentally different approach that is transparent, onchain, and in your control. https://t.co/ERRB3zhyUw
The collapse of BlockFi & Celsius shattered trust in crypto yield. But DeFi offers a fundamentally different approach that is transparent, onchain, and in your control. https://t.co/ERRB3zhyUw
RT @ExponentialDeFi: The collapse of BlockFi & Celsius shattered trust in crypto yield. But DeFi offers a fundamentally different approach that is transparent, onchain, and in your control. Here’s why earning yield on Exponential is nothing like CeFi’s past failures. 👇 https://t.co/ERRB3zhyUw
Adam Reeds (@adamreeds), CEO & co-founder of @hodlwithLedn, sat down with @_dsencil to talk about Bitcoin-backed loans. Reeds and his team at Ledn are as battle-hardened as they come. If ‘Bitcoin-backed loans’ still gives you PTSD after the 2022 blowups, this interview is a must-watch—and maybe even a little healing. Unlike Celsius, Blockfi, and Voyager, Ledn survived this extinction level event. In fact, it has never had retail lending losses in its six years of operation by emphasizes risk management, transparency, and regulatory compliance.
The collapse of BlockFi & Celsius shattered trust in crypto yield. But DeFi offers a fundamentally different approach that is transparent, onchain, and in your control. Here’s why earning yield on Exponential is nothing like CeFi’s past failures. 👇 https://t.co/ERRB3zhyUw
RT @Winner_zadd: If You Don’t Own Your Keys, You Don’t Own Your Crypto! Another day, another billion-dollar hack. This time, Bybit was the victim, with $1.4 billion worth of assets compromised. It’s a hard pill to swallow, but a necessary reminder: If your crypto is sitting on an exchange, it’s not really yours. Centralized exchanges (CEXs) might be convenient, but they come with serious risks like hacks, withdrawal restrictions, or even complete shutdowns. Just ask anyone who had funds on FTX, Mt. Gox, or QuadrigaCX. So, how do you keep your crypto truly safe? The answer is non-custodial wallets like @klever_io Wallet. Why Is Your Crypto Is NOT Safe on Centralized Exchanges? When you store crypto on an exchange, you’re trusting them to keep it safe. But history shows that even the biggest exchanges can be: → Hacked –Millions have been stolen from top exchanges like Binance, Mt. Gox, and now Bybit. → Frozen – Some platforms, like Celsius & BlockFi, locked user funds during financial troubles. → Shut Down – If an exchange collapses (e.g., FTX), your assets disappear with it. Exchanges hold your funds in hot wallets, making them attractive targets for hackers. Plus, you don’t control your private keys, the exchange does. That means your money is only as safe as their security measures. Take Control of your Crypto with @klever_io Wallet! Klever Wallet is a non-custodial wallet, meaning: ✅ You own your private keys (and your crypto) ✅ No third-party access – No one can freeze or restrict your funds ✅ Decentralized security – Your assets are stored safely on-chain, not in a vulnerable exchange wallet With #Klever Wallet, YOU are in charge. Your funds, your responsibility, your security. How to Secure Your Crypto with Klever Wallet. 1. Download & Set Up @klever_io Wallet. Get Klever Wallet from the official website or app stores. Create a new wallet and securely back up your 12-word recovery phrase. 2. Never Share Your Private Keys Your recovery phrase is the only way to restore your wallet. Write it down offline and store it somewhere safe. Never share it with anyone—not even #Klever support! 3. Enable Extra Security Features Use biometric authentication (Face ID, fingerprint). Set up a strong PIN to access your wallet. Avoid public Wi-Fi when making transactions. 4. Move Your Crypto from CEXs to @klever_io Wallet. Withdraw your funds from centralized exchanges. Store them safely in your Klever Wallet instead. Enjoy full control & peace of mind. The Billion-Dollar Lesson: Be Your Own Bank! Exchanges are convenient, but they are not your personal wallet. Every major hack serves as a wake-up call: If you don’t own your keys, you don’t own your crypto. Klever Wallet gives you the power to protect what’s yours. No middlemen, no restrictions but just true financial freedom. Start securing your crypto today with Klever Wallet. Because in the world of crypto, self-custody is king.
If You Don’t Own Your Keys, You Don’t Own Your Crypto! Another day, another billion-dollar hack. This time, Bybit was the victim, with $1.4 billion worth of assets compromised. It’s a hard pill to swallow, but a necessary reminder: If your crypto is sitting on an exchange, it’s not really yours. Centralized exchanges (CEXs) might be convenient, but they come with serious risks like hacks, withdrawal restrictions, or even complete shutdowns. Just ask anyone who had funds on FTX, Mt. Gox, or QuadrigaCX. So, how do you keep your crypto truly safe? The answer is non-custodial wallets like @klever_io Wallet. Why Is Your Crypto Is NOT Safe on Centralized Exchanges? When you store crypto on an exchange, you’re trusting them to keep it safe. But history shows that even the biggest exchanges can be: → Hacked –Millions have been stolen from top exchanges like Binance, Mt. Gox, and now Bybit. → Frozen – Some platforms, like Celsius & BlockFi, locked user funds during financial troubles. → Shut Down – If an exchange collapses (e.g., FTX), your assets disappear with it. Exchanges hold your funds in hot wallets, making them attractive targets for hackers. Plus, you don’t control your private keys, the exchange does. That means your money is only as safe as their security measures. Take Control of your Crypto with @klever_io Wallet! Klever Wallet is a non-custodial wallet, meaning: ✅ You own your private keys (and your crypto) ✅ No third-party access – No one can freeze or restrict your funds ✅ Decentralized security – Your assets are stored safely on-chain, not in a vulnerable exchange wallet With #Klever Wallet, YOU are in charge. Your funds, your responsibility, your security. How to Secure Your Crypto with Klever Wallet. 1. Download & Set Up @klever_io Wallet. Get Klever Wallet from the official website or app stores. Create a new wallet and securely back up your 12-word recovery phrase. 2. Never Share Your Private Keys Your recovery phrase is the only way to restore your wallet. Write it down offline and store it somewhere safe. Never share it with anyone—not even #Klever support! 3. Enable Extra Security Features Use biometric authentication (Face ID, fingerprint). Set up a strong PIN to access your wallet. Avoid public Wi-Fi when making transactions. 4. Move Your Crypto from CEXs to @klever_io Wallet. Withdraw your funds from centralized exchanges. Store them safely in your Klever Wallet instead. Enjoy full control & peace of mind. The Billion-Dollar Lesson: Be Your Own Bank! Exchanges are convenient, but they are not your personal wallet. Every major hack serves as a wake-up call: If you don’t own your keys, you don’t own your crypto. Klever Wallet gives you the power to protect what’s yours. No middlemen, no restrictions but just true financial freedom. Start securing your crypto today with Klever Wallet. Because in the world of crypto, self-custody is king.
2022: Terra Luna, Celsius, BlockFi, FTX, and the SEC going after everyone 2025: Nation states setting up crypto reserves (as well as individual US states), the SEC dropping charges against everyone, sensible regulation being rolled out, BTC and ETH ETFs with SOL and others on the way Like I get this is scary and all but this is a world of difference from 2022 any way you look at it Maybe none of that stuff really matters for price and it's all macro / stock markets / monetary policy / etc - but from a purely crypto perspective, things feel v different And sure we could get 5 black swan events and this year turns horrendous but i'm still thinking we see new ATHs for the majors in 2025 (most vaporware coins are probably not coming back tho. some will, but there'll be a new crop of vaporware coins that rise up and get most of the new attention, as always) anyway, this is just my personal hopium for the day
instead of skems like celsius and blockfi last cycle, we have the best fintechs like stripe and robinhood fully embracing crypto
EXCLUSIVE: @galaxyhq has hired @CostSegZac, former CEO and co-founder of @BlockFi, to help expand the firm's crypto offering. @willcanny99 reports https://t.co/FmQjw1id6H
RT @ZssBecker: Mfers. I survived Luna and FTX. The NFT crash. Blockfi. You can’t even handle your fart bukkake gamble coin being down for a month. Put tampons in the men’s bathroom at all crypto events going forward cuz this space is infested with pussies now.
Mfers. I survived Luna and FTX. The NFT crash. Blockfi. You can’t even handle your fart bukkake gamble coin being down for a month. Put tampons in the men’s bathroom at all crypto events going forward cuz this space is infested with pussies now.
You guys trusted a centralized launch pad to never front run tokens when it takes <1 second to spin up a new address with no history Anyone who was pushing the meme casino mania just wanted you to lose everything. Most hilarious part, no one cares. Similar to BlockFi etc
As with Blockfi, Celsius, Luna, SBF, Altman, GBTC, and Genesis, there’s a point where “education” isn’t productive. I try to warn when it’s useful, I move on when it’s not. At some point if people can’t or don’t want to see, there’s nothing productive to do around convincing them they’re being (or about to be) exploited. I’m human and sometimes just debate emotionally or reactively, but point is - I’m going to try to make this my last general post on the topic of the risks of populist fascism. We’re just going to have to navigate it. Done with “warning”, on to just productive action.
Bitcoin is becoming a more productive asset on-chain thanks to @Lombard_Finance & @babylonlabs_io Historically, the only way to earn yield on BTC was by lending it to market makers and prop firms, which turned out to be risky (look no further than what happened to BlockFi, Celsius, and others). Removing credit risk from BTC yield could unlock trillions of dollars in potential on-chain activity. @berlincrypto spoke with @JacobPPhillips on how Lombard is delivering trust-minimized BTC to DeFi today.
This guy shilled BlockFi while trashing DeFi I guess that personal brand really worked 🤣 https://t.co/Ssbo9JBbf5
and yah, it's way better than centralized alternatives if you are working in any material size (RIP FTX, BlockFi, Celsius, etc.)
RT @blockgraze: guy who didn’t understand where the Blockfi yield came from has thoughts on tariffs
guy who didn’t understand where the Blockfi yield came from has thoughts on tariffs
The last 2 years: - Ukraine-Russia war - Fastest rate hike cycle in history - LUNA collapse - 3AC collapse - FTX collapse - Blockfi collapse - Celsius collapse - Banking crisis - Binance FUD - SEC suing Binance & Coinbase - Grayscale selling - Germany selling - Longest bear market in history - Mt Gox redistribution - War & recession fears YOU DESERVE A FACE RIPPING ALTSEASON 🚀
RT @CuratedByR: RWA (Real World Assets) is about to take over – Here’s why $CPOOL can be a major player: Larry Fink is pushing for tokenized assets at the SEC and reports are showing the RWA market could hit $30 trillion by 2030, an immense number. Momentum is real, and Clearpool is positioning itself as a core member in this transformation. This is a long overdue update on all of the Clearpool developments from my side; It’s a longform post and will take you approximately 2-3 minutes to read. You can bookmark it to read it later. Clearpool x Ozean: Bringing RWA yield on-chain Clearpool is building the bridge between DeFi and TradFi, and its latest move, Ozean, sounds like a game-changer. Ozean is a compliant, RWA-focused Layer 2 blockchain built with OP stack (Optismism) that fixes inefficiencies in DeFi lending. More on how it fixes inefficiencies later. They're partnering with Hex Trust, LayerZero, Velodrome, Credora and many others to deliver a chain with institutional-grade security, transparency, and real-time risk monitoring. Ozean’s Core Products: 1. ozUSD – A rebasing, yield-bearing stablecoin offering liquid, permissionless exposure to RWA yield. 2. RWA Yield – Imagine building a diversified basket of private credit, stocks, bonds, and real estate-backed assets (12%+ base yield). 3. Open source Layer 2 blockchain for third parties to build on while compliance being taken care of; +-50 dApps confirmed. 4. Oxygen - The RWA liquidity layer; Ethena and Lido’s assets integrated into Oxygen Unlike traditional RWA products, Ozean is: ✅ User-friendly & Accessible – Open to everyone, not just accredited investors. Some products will be permissioned, most permissionless. ✅ Liquid – No long lock-up periods, instant redemptions backed by cash & treasuries. ✅ Diversified – Spreads risk across multiple sectors. ✅ Transparent & Secure – Managed by Hex Trust, with real-time risk monitoring from Credora. ✅ Governance-Driven – Asset selection via Ozean Governance, not centralized teams. Think of it like an ETF for RWAs – seamless exposure to tokenized real-world assets without too actively managing a portfolio. Clearpool’s native token $CPOOL is at the center it all, powering governance, liquidity incentives, and institutional integration. Key catalysts driving $CPOOL’s growth: ✔ New Staking Model – Incentivizing governance & institutional staking. ✔ Multi-Chain Expansion – Clearpool scaling RWA lending across multiple blockchains. ✔ Oxygen (O2) Liquidity Layer – Aggregating liquidity across RWAs for seamless transactions. ✔ $100M+ in Private Credit Partnerships – Helix, Mountain USDM (BlackRock-backed stablecoin), and Mansa Finance bringing capital on-chain. ✔ Hex Trust Partnership ($88M+ Series B, $5B AUC) – Enabling secure RWA custody and compliance. ✔ Easing U.S. Regulations – Paving the way for institutional adoption. The Perfect Storm for RWA Growth Several macro factors are creating the ideal setup for RWAs to explode: 📉 CeFi Lenders Are Gone – BlockFi, Celsius, Genesis collapsed, leaving a gap in crypto credit markets. Clearpool is filling it with transparent on-chain lending. 📜 Regulations Are Becoming Clearer – Institutional engagement in DeFi is rising. 💵 USD Yield Demand is Surging – TradFi capital is moving from low-yield assets into tokenized RWAs. $CPOOL: One of the Undervalued RWA Tokens In a growing market competitors like Ondo ( $ONDO) (5B mcap/16B FDV) and Mantra ( $OM) (5B mcap /9B FDV) have already taken off. Meanwhile, $CPOOL is still at $220M mcap / $300M FDV – despite: ✔ $650M+ in loans originated. ✔ First DeFi protocol to work with Jane Street on a $50M deal. ✔ Strong partnerships and institutional traction. ✔Addition of their own chain bringing all partners together RWAs aren’t just hype – they’re unlocking a multi-trillion-dollar market and numbers show the trend already started. With major developments like this I like infrastructure plays (during a gold rush, sell shovels). In this case Clearpool is building the rails, and $CPOOL is the key token bridging TradFi and DeFi. Pretty sure I've missed some things, but hope you enjoyed the read. And I hope to inspire more of the FA accounts to write content again about utility coins; If there ever was a time it's now.
RT @CuratedByR: RWA (Real World Assets) is about to take over – Here’s why $CPOOL can be a major player: Larry Fink is pushing for tokenized assets at the SEC and reports are showing the RWA market could hit $30 trillion by 2030, an immense number. Momentum is real, and Clearpool is positioning itself as a core member in this transformation. This is a long overdue update on all of the Clearpool developments from my side; It’s a longform post and will take you approximately 2-3 minutes to read. You can bookmark it to read it later. Clearpool x Ozean: Bringing RWA yield on-chain Clearpool is building the bridge between DeFi and TradFi, and its latest move, Ozean, sounds like a game-changer. Ozean is a compliant, RWA-focused Layer 2 blockchain built with OP stack (Optismism) that fixes inefficiencies in DeFi lending. More on how it fixes inefficiencies later. They're partnering with Hex Trust, LayerZero, Velodrome, Credora and many others to deliver a chain with institutional-grade security, transparency, and real-time risk monitoring. Ozean’s Core Products: 1. ozUSD – A rebasing, yield-bearing stablecoin offering liquid, permissionless exposure to RWA yield. 2. RWA Yield – Imagine building a diversified basket of private credit, stocks, bonds, and real estate-backed assets (12%+ base yield). 3. Open source Layer 2 blockchain for third parties to build on while compliance being taken care of; +-50 dApps confirmed. 4. Oxygen - The RWA liquidity layer; Ethena and Lido’s assets integrated into Oxygen Unlike traditional RWA products, Ozean is: ✅ User-friendly & Accessible – Open to everyone, not just accredited investors. Some products will be permissioned, most permissionless. ✅ Liquid – No long lock-up periods, instant redemptions backed by cash & treasuries. ✅ Diversified – Spreads risk across multiple sectors. ✅ Transparent & Secure – Managed by Hex Trust, with real-time risk monitoring from Credora. ✅ Governance-Driven – Asset selection via Ozean Governance, not centralized teams. Think of it like an ETF for RWAs – seamless exposure to tokenized real-world assets without too actively managing a portfolio. Clearpool’s native token $CPOOL is at the center it all, powering governance, liquidity incentives, and institutional integration. Key catalysts driving $CPOOL’s growth: ✔ New Staking Model – Incentivizing governance & institutional staking. ✔ Multi-Chain Expansion – Clearpool scaling RWA lending across multiple blockchains. ✔ Oxygen (O2) Liquidity Layer – Aggregating liquidity across RWAs for seamless transactions. ✔ $100M+ in Private Credit Partnerships – Helix, Mountain USDM (BlackRock-backed stablecoin), and Mansa Finance bringing capital on-chain. ✔ Hex Trust Partnership ($88M+ Series B, $5B AUC) – Enabling secure RWA custody and compliance. ✔ Easing U.S. Regulations – Paving the way for institutional adoption. The Perfect Storm for RWA Growth Several macro factors are creating the ideal setup for RWAs to explode: 📉 CeFi Lenders Are Gone – BlockFi, Celsius, Genesis collapsed, leaving a gap in crypto credit markets. Clearpool is filling it with transparent on-chain lending. 📜 Regulations Are Becoming Clearer – Institutional engagement in DeFi is rising. 💵 USD Yield Demand is Surging – TradFi capital is moving from low-yield assets into tokenized RWAs. $CPOOL: One of the Undervalued RWA Tokens In a growing market competitors like Ondo ( $ONDO) (5B mcap/16B FDV) and Mantra ( $OM) (5B mcap /9B FDV) have already taken off. Meanwhile, $CPOOL is still at $220M mcap / $300M FDV – despite: ✔ $650M+ in loans originated. ✔ First DeFi protocol to work with Jane Street on a $50M deal. ✔ Strong partnerships and institutional traction. ✔Addition of their own chain bringing all partners together RWAs aren’t just hype – they’re unlocking a multi-trillion-dollar market and numbers show the trend already started. With major developments like this I like infrastructure plays (during a gold rush, sell shovels). In this case Clearpool is building the rails, and $CPOOL is the key token bridging TradFi and DeFi. Pretty sure I've missed some things, but hope you enjoyed the read. And I hope to inspire more of the FA accounts to write content again about utility coins; If there ever was a time it's now.
RWA (Real World Assets) is about to take over – Here’s why $CPOOL can be a major player: Larry Fink is pushing for tokenized assets at the SEC and reports are showing the RWA market could hit $30 trillion by 2030, an immense number. Momentum is real, and Clearpool is positioning itself as a core member in this transformation. This is a long overdue update on all of the Clearpool developments from my side; It’s a longform post and will take you approximately 2-3 minutes to read. You can bookmark it to read it later. Clearpool x Ozean: Bringing RWA yield on-chain Clearpool is building the bridge between DeFi and TradFi, and its latest move, Ozean, sounds like a game-changer. Ozean is a compliant, RWA-focused Layer 2 blockchain built with OP stack (Optismism) that fixes inefficiencies in DeFi lending. More on how it fixes inefficiencies later. They're partnering with Hex Trust, LayerZero, Velodrome, Credora and many others to deliver a chain with institutional-grade security, transparency, and real-time risk monitoring. Ozean’s Core Products: 1. ozUSD – A rebasing, yield-bearing stablecoin offering liquid, permissionless exposure to RWA yield. 2. RWA Yield – Imagine building a diversified basket of private credit, stocks, bonds, and real estate-backed assets (12%+ base yield). 3. Open source Layer 2 blockchain for third parties to build on while compliance being taken care of; +-50 dApps confirmed. 4. Oxygen - The RWA liquidity layer; Ethena and Lido’s assets integrated into Oxygen Unlike traditional RWA products, Ozean is: ✅ User-friendly & Accessible – Open to everyone, not just accredited investors. Some products will be permissioned, most permissionless. ✅ Liquid – No long lock-up periods, instant redemptions backed by cash & treasuries. ✅ Diversified – Spreads risk across multiple sectors. ✅ Transparent & Secure – Managed by Hex Trust, with real-time risk monitoring from Credora. ✅ Governance-Driven – Asset selection via Ozean Governance, not centralized teams. Think of it like an ETF for RWAs – seamless exposure to tokenized real-world assets without too actively managing a portfolio. Clearpool’s native token $CPOOL is at the center it all, powering governance, liquidity incentives, and institutional integration. Key catalysts driving $CPOOL’s growth: ✔ New Staking Model – Incentivizing governance & institutional staking. ✔ Multi-Chain Expansion – Clearpool scaling RWA lending across multiple blockchains. ✔ Oxygen (O2) Liquidity Layer – Aggregating liquidity across RWAs for seamless transactions. ✔ $100M+ in Private Credit Partnerships – Helix, Mountain USDM (BlackRock-backed stablecoin), and Mansa Finance bringing capital on-chain. ✔ Hex Trust Partnership ($88M+ Series B, $5B AUC) – Enabling secure RWA custody and compliance. ✔ Easing U.S. Regulations – Paving the way for institutional adoption. The Perfect Storm for RWA Growth Several macro factors are creating the ideal setup for RWAs to explode: 📉 CeFi Lenders Are Gone – BlockFi, Celsius, Genesis collapsed, leaving a gap in crypto credit markets. Clearpool is filling it with transparent on-chain lending. 📜 Regulations Are Becoming Clearer – Institutional engagement in DeFi is rising. 💵 USD Yield Demand is Surging – TradFi capital is moving from low-yield assets into tokenized RWAs. $CPOOL: One of the Undervalued RWA Tokens In a growing market competitors like Ondo ( $ONDO) (5B mcap/16B FDV) and Mantra ( $OM) (5B mcap /9B FDV) have already taken off. Meanwhile, $CPOOL is still at $220M mcap / $300M FDV – despite: ✔ $650M+ in loans originated. ✔ First DeFi protocol to work with Jane Street on a $50M deal. ✔ Strong partnerships and institutional traction. ✔Addition of their own chain bringing all partners together RWAs aren’t just hype – they’re unlocking a multi-trillion-dollar market and numbers show the trend already started. With major developments like this I like infrastructure plays (during a gold rush, sell shovels). In this case Clearpool is building the rails, and $CPOOL is the key token bridging TradFi and DeFi. Pretty sure I've missed some things, but hope you enjoyed the read. And I hope to inspire more of the FA accounts to write content again about utility coins; If there ever was a time it's now.
RT @basedkarbon: One of the funniest ongoing trends on CT is bitcoin maxis who don't understand how defi works. These are over-collateralized loans similar to aave. One of the most tried and true pillars of defi Btc maxis: "it's giving luna blockfi ftx celsius vibes"
One of the funniest ongoing trends on CT is bitcoin maxis who don't understand how defi works. These are over-collateralized loans similar to aave. One of the most tried and true pillars of defi Btc maxis: "it's giving luna blockfi ftx celsius vibes"
Any ideas why Pomp no longer posts about Bitcoin?! I heard he lost it all during the FTX and BlockFi accidents. https://t.co/vbOFDknU7o
IN 2024, WE HAVE SURVIVED GRAYSCALE DUMP WWIII FEARS MT. GOX DUMP GERMAN GOVERNMENT DUMP US GOVERNMENT DUMP MINERS DUMP GENESIS DUMP BLOCKFI DUMP ALL THESE DUMP ARE OVER ONCE GLOBAL LIQUIDITY STARTS TO RISE IN Q1 2025, BITCOIN AND ALTCOINS WILL PUMP HARD 🔥
Welcome to the Pontem family🤝 We’re seeing a lot of new followers, and we want to take a moment to introduce ourselves. We’ve been on an incredible journey since 2020, expanding the Move ecosystem with Meta’s Diem blockchain & evolving into one of the most innovative teams in the Aptos ecosystem. 📍In 2022, we pivoted to @Aptos , and in December 2024, we launched the @movementlabsxyz mainnet – marking an exciting new chapter in our growth. - Our Achievements So Far We’ve already made a huge impact: 8 live products, over 23 million swaps on Liquidswap, and more than $2 billion in trading volume. With 1 million+ users on Liquidswap and 300,000+ Pontem Wallet installs, we’re just getting started. - We Were the First to Do This From the first AMM on Aptos to the first Ethereum rollup that supports Move VM, we’re always the pioneers. First to introduce mint-to-earn NFTs, first to add @Ledger integration, and the list goes on👀 - Meet the Team Our team is global, spanning 10+ countries and led by our co-founders: Boris Povod (blockchain dev since 2014), Stas Oskin (B2C mining expert), and Alejo Pinto (former growth lead at BlockFi and IBM Blockchain). We bring a mix of blockchain experience, business development, and tech expertise. - Our 🫶 Products Pontem Wallet is the first multi-chain wallet to support Aptos, Solana (beta), Ethereum (beta), and Movement. Liquidswap is the first production-ready AMM on Aptos, offering up to 100% APR and cross-chain swaps. Plus, Lumio L2 helps developers seamlessly scale apps without rewriting code. 1️⃣Pontem Wallet Pontem Wallet supports all the major blockchains: Aptos, Solana, Ethereum, and Movement. With native integrations for swaps, staking, and Ledger support, it’s the most powerful wallet out there – and it’s triple-audited by @zellic_io, @osec_io, and @HalbornSecurity 2️⃣Liquidswap Liquidity pools on Liquidswap offer up to 100% APR. With cross-chain swaps, native delegated staking, and @LayerZero_Core support, it’s your all-in-one DeFi solution. Plus, it's triple-audited and has passed formal verification by @MoveBit_ for extra peace of mind. 3️⃣Lumio @lumioFDN enables app migration across different blockchains, without the hassle of changing code. It’s a game-changer for developers looking to scale their projects effortlessly. Check thoroughly on https://t.co/owYajqL6tP 4️⃣Pontem NFTs We’ve released two awesome NFT collections, Space Pirates & Dark Ages, both offering real utility: APR boosts, early access to campaigns, and more. Space Pirates is already a top-seller on Aptos. 5️⃣Developer Tools Our Move Code Playground lets developers test and deploy contracts on Move for free. Plus, the first-ever JetBrains plugin for Move and ByteBabel for Solidity-to-Move migration are open-sourced for research. For more details about us and our products, check out the Pontem Blog (a treasure trove of useful information in the world of crypto): https://t.co/ZzHuBgGPz7 We’re excited to welcome newcomers to our family, let’s MOVE🔥
RT @pythianism: Not sure how much sense it makes to compare current to 2020-2021 cycles. Prior cycle ended due to massive fraud (FTX/BlockFi/Celsius/Luna), a war, and interest rates going from 0 to 550 basis points. I see no entities borrowing (stealing) from retail, no obvious ponzis, interest rates coming down, wars being ended, positive regulations coming. Do you ever feel like you are the only one who knows how to trade
RT @pythianism: Not sure how much sense it makes to compare current to 2020-2021 cycles. Prior cycle ended due to massive fraud (FTX/BlockFi/Celsius/Luna), a war, and interest rates going from 0 to 550 basis points. I see no entities borrowing (stealing) from retail, no obvious ponzis, interest rates coming down, wars being ended, positive regulations coming. Do you ever feel like you are the only one who knows how to trade
Not sure how much sense it makes to compare current to 2020-2021 cycles. Prior cycle ended due to massive fraud (FTX/BlockFi/Celsius/Luna), a war, and interest rates going from 0 to 550 basis points. I see no entities borrowing (stealing) from retail, no obvious ponzis, interest rates coming down, wars being ended, positive regulations coming. Do you ever feel like you are the only one who knows how to trade
Bitcoin has reached a significant milestone, surpassing $100K for the first time. We survived: - FTX - LUNA/UST Collapse - Celsius/BlockFi/Voyager implosion - Operation chokepoint - Binance FUD - USDC de-peg - USDT FUD - Months and months of downtrend and now we're here to witness #bitcoin100k We deserve this pump! 🔥 $BTC 💯
@VentureCoinist @BitMEX @CryptoFundVC @OutlierVentures @LGVenture @FundamentumVC @ChrisLarsen @CryptoKitties @ElectricCapital @CoinbaseVentures @TearsheetVC @TheBlock__ @TuttleVC @BlockFi @DeFiAlliance @a16zcrypto @GenesisTrading
We have been waiting for this moment for SO LONG. Everyone left, but we stuck through: • FTX • LUNA/UST Collapse • Celsius/BlockFi/Voyager implosion • Operation chokepoint • Binance FUD • USDC de-peg • USDT FUD • Months and months of downtrend We DESERVE this pump!!
California Pulls Blockfi's Lending License, Slaps Fines After Regulatory Breach #NewsBytes https://t.co/Tu1GZiEMpN
GAINS News — November 8 HACK 👨💻 North Korean hacker BlueNoroff targets crypto firms with new malware BITCOIN ETF 💲 @BlackRock's Bitcoin ETF flips gold fund STABLECOIN 💲 @Tether_to expands into oil trading with $45M transaction ADOPTION 📈 Detroit residents will be able to pay taxes with crypto from mid-2025 REGULATION 🇺🇸 California revokes @BlockFi's lending license 2 years after bankruptcy
RT @TheShibmagazine: BlockFi Lending License Revoked Over Unsafe Practices Read More 👇 https://t.co/rtyZMJ2qzf
BlockFi Lending License Revoked Over Unsafe Practices Read More 👇 https://t.co/rtyZMJ2qzf
FTX. Celsius. 3AC. Terra Luna. BlockFi. SEC lawsuits. CZ Jailed. Countless exploits. Not to mention all the IRL jokes about still being in Crypto. We endured A LOT of shit the past few years. Time to for us to enter Valhalla. https://t.co/dA9KSzDKTo
已破产清算的加密借贷平台 BlockFi 在 6 小时前继续向 Coinbase Prime 转移了 7,382 枚 ETH ($19.77M)。 BlockFi 在最近一天多的时间里向 Coinbase Prime 转移了 19,449 枚 ETH ($51.46M)。 https://t.co/L7PX0RZzkM 本文由 #Bitget|@Bitget_zh 赞助 https://t.co/XAJv8gWAE4
已破产清算的加密借贷平台 @BlockFi 在 5 小时前将 12,067 ETH ($31.69M) 转进 Coinbase Prime。 https://t.co/KYQird13P2 本文由 #Bitget|@Bitget_zh 赞助 https://t.co/yHIB46COvQ
🚨 🚨 10,167 #ETH (26,732,832 USD) transferred from #BlockFi to Coinbase Institutional https://t.co/3jMizDNBhn
@BowTiedBull @welovetownsend Discovered you Christmas 2019, joined 2020 and accumulated since. Dodged Blockfi, Celsius and FTX because of you… Was is every single lending service, got everything out. Thank you…!
RT @CostSegZac: Had a great time going on the Nikonomics podcast recently, if you're interested in learning about: - why RE Cost Seg's business model excited me and how we are growing - My professional background including BlockFi experience - what I think of Nick Huber's marketing strategy 👇
Had a great time going on the Nikonomics podcast recently, if you're interested in learning about: - why RE Cost Seg's business model excited me and how we are growing - My professional background including BlockFi experience - what I think of Nick Huber's marketing strategy 👇
Asia likely drives this crypto run because everyone in the USA still scared from SBF/BlockFi etc. USA comes in late though.
Dogecoin is not Bitcoin. Blockfi is not Bitcoin. FTX is not Bitcoin. Kaspa is not Bitcoin. Ethereum is not Bitcoin. Coinbase is not Bitcoin. XRP is not Bitcoin. Bitcoin Cash is not Bitcoin. Stonks are not Bitcoin. Gold is not Bitcoin. Got it yet? Get some Bitcoin.
RT @JBerneburg: 📈 You would think that $MSTR’s 4 year performance would spawn copy cats. @PrestonPysh and @allenf32 discuss the mechanics of Saylor’s fiat hack. When you reverse engineer the process for a public company to implement the strategy, you realize the adoption rate in public markets is a byproduct of the all the stars aligning. For instance the $MSTR story: founder with majority ownership, operational business with slow growth, executive team with commitment to invest time into learning nuances of the tech, history of positive cash flow, getting shareholder base along for the ride. The private market is far more agile and adoption is growing exponentially, just review @macromule’s recent research. Tune into this clip from @TIP_Network to hear Preston and Allen chop it up. 💬 "In a Bitcoin system, there is no central bank to print more Bitcoin, so the concept of risk-free yield does not apply" - Allen Farrington Key topics I found interesting: 🔍 @saylor vs. @saifedean : A major debate exists between Michael Saylor’s support for borrowing against Bitcoin safely and Saifedean’s concerns, comparing it to past failures like Celsius and BlockFi . 💰 Borrowing & Yield: The idea of borrowing against Bitcoin challenges the fundamentals of sound money. It questions if lending/borrowing undermines Bitcoin's value proposition . 📉 Risk-Free Yield Myth: In fiat systems, money printing enables "risk-free" yields. But in a Bitcoin standard, without central banks, true risk-free yield is non-existent . 🏢 Corporate Bitcoin Strategy: Companies like @MicroStrategy leverage Bitcoin by borrowing against it, aiming to accumulate more BTC while avoiding traditional finance hassles . 🏦 BNY Mellon's Role: BNY Mellon’s Bitcoin custody services and ETF derivatives approval could massively boost liquidity, signaling traditional finance's deeper involvement in crypto. Full video: https://t.co/TBZaeExWHl #Bitcoin #Crypto #Investing #BTC
📈 You would think that $MSTR’s 4 year performance would spawn copy cats. @PrestonPysh and @allenf32 discuss the mechanics of Saylor’s fiat hack. When you reverse engineer the process for a public company to implement the strategy, you realize the adoption rate in public markets is a byproduct of the all the stars aligning. For instance the $MSTR story: founder with majority ownership, operational business with slow growth, executive team with commitment to invest time into learning nuances of the tech, history of positive cash flow, getting shareholder base along for the ride. The private market is far more agile and adoption is growing exponentially, just review @macromule’s recent research. Tune into this clip from @TIP_Network to hear Preston and Allen chop it up. 💬 "In a Bitcoin system, there is no central bank to print more Bitcoin, so the concept of risk-free yield does not apply" - Allen Farrington Key topics I found interesting: 🔍 @saylor vs. @saifedean : A major debate exists between Michael Saylor’s support for borrowing against Bitcoin safely and Saifedean’s concerns, comparing it to past failures like Celsius and BlockFi . 💰 Borrowing & Yield: The idea of borrowing against Bitcoin challenges the fundamentals of sound money. It questions if lending/borrowing undermines Bitcoin's value proposition . 📉 Risk-Free Yield Myth: In fiat systems, money printing enables "risk-free" yields. But in a Bitcoin standard, without central banks, true risk-free yield is non-existent . 🏢 Corporate Bitcoin Strategy: Companies like @MicroStrategy leverage Bitcoin by borrowing against it, aiming to accumulate more BTC while avoiding traditional finance hassles . 🏦 BNY Mellon's Role: BNY Mellon’s Bitcoin custody services and ETF derivatives approval could massively boost liquidity, signaling traditional finance's deeper involvement in crypto. Full video: https://t.co/TBZaeExWHl #Bitcoin #Crypto #Investing #BTC
https://t.co/nyPU2wOzzC This is the chart! Join a true CTO + family I personally believe this is one of the strongest I’ve seen @binance @coinfund_io @CoinMarketCap @coingecko @gate_io @business @AltcoinDailyio @coinbase @HTX_Global @LBank_Exchange @MEXC_Official @MEXC_Listings @SafeguardRobot @BlockFi @BitMartExchange @BitgetWallet @bitgetglobal
This Coinbase deposit was first funded by a BlockFi hot wallet, 4 months ago. The $189M came from Coinbase Prime - BlockFi deposited the majority of their remaining on-chain USDC (~$184M) to Coinbase Prime yesterday afternoon. Track BlockFi on Arkham: https://t.co/zO3wZvJlTZ
𝗔 𝗕𝗹𝗼𝗰𝗸𝗙𝗶-𝗳𝘂𝗻𝗱𝗲𝗱 𝗮𝗰𝗰𝗼𝘂𝗻𝘁 𝗷𝘂𝘀𝘁 𝘀𝗲𝗻𝘁 $𝟭𝟵𝟬𝗠 𝗨𝗦𝗗𝗖 𝘁𝗼 𝗖𝗼𝗶𝗻𝗯𝗮𝘀𝗲. Repayments for BlockFi customers soon? https://t.co/tmjUdKhHlf
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 184,963,802 #USDC (185,148,766 USD) transferred from #BlockFi to Coinbase Institutional https://t.co/53c9MXqjBQ
@AlamedaResearch @binance @telegram @coinbase @BlockFi @BitMEX Methodology: This study examined crypto companies’ monetary value settlements with United States regulators in federal and state court cases that have reached resolution, based on official announcements from January 1, 2019 to October 9, 2024.
@AlamedaResearch @binance @telegram @coinbase @BlockFi @BitMEX How much have crypto companies paid in US settlements to date? There has been $32B in settlements among crypto companies to date. The largest being FTX and Alameda at $12.70B, followed by Celcius ($4.7B) and Terraform Labs ($4.3B). Read the full study: https://t.co/HMfNl204vz https://t.co/NGJ5VMAyRl
Top Crypto Settlements by US Regulators 🧑⚖️ 1. FTX & @AlamedaResearch - $12.70B 2. Celcius - $4.70B 3. Terraform Labs - $4.50B 4. @binance - $4.30B 5. Genesis - $2.00B 6. Voyager - $1.65B 7. @telegram - $1.24B 8. @coinbase - $100M 9. @BlockFi - $100M 10. @BitMEX - $100M
Folks that are looking to unlocking liquidity from crypto holdings should steer clear away from any type of centralized businesses offering these services. We already saw what happened to Celsius, BlockFi, Salt Lending, Genesis Lending and others. DeFi won. Just use Aave.
If you’ve hodled through the last 2 years, you’ve survived: - Ukraine-Russia war - Fastest rate hike cycle in history - LUNA collapse - 3AC collapse - FTX collapse - Blockfi collapse - Celsius collapse - Banking crisis - Binance FUD - SEC suing Binance & Coinbase - Grayscale selling - Germany selling - Longest bear market in history Whatever geopolitical tensions or crisis is coming, you can hodl through it
Track BlockFi movements on Arkham: https://t.co/zO3wZvJlTZ
BLOCKFI RECEIVED $250M - REPAYMENTS SOON? BlockFi received $250M in USDC from Coinbase Prime, bringing their on-chain holdings up to $300M. Will creditor repayments be starting soon?
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 227,597,335 #USDC (227,568,657 USD) transferred from Coinbase Institutional to #BlockFi https://t.co/8lhyGduezX
🗞️🚨 BitcoinFi Update | zkTLS & Bitcoin The downfall of major crypto lenders like Celsius and BlockFi in 2022 resulted in the loss of $24 billion and, more importantly, trust. As the space enters what many call an "Era of Reconstruction," zkTLS has emerged as a potential game-changer. zkTLS (Zero-Knowledge Transport Layer Security) is a protocol that bridges the gap between Web2 and crypto systems by enabling secure and private data verification. By using zkTLS, crypto lending platforms may be able to redefine trust and transparency. Traditionally, oracles have been used to pull data from Web2 into crypto, but they aren't scalable for sensitive personal information and often come with high costs. zkTLS, on the other hand, uses ZKPs and TLS encryption to prove the authenticity of Web2 data while limiting how much information is revealed. It operates by establishing a standard TLS connection between a user and a Web2 server, allowing users to select specific data they want to prove based on a predefined JSON schema. The protocol then generates a zero-knowledge proof of the selected data, ensuring that only necessary information is shared without revealing sensitive details. This proof is verified on-chain or by a designated verifier, confirming the data's authenticity while maintaining privacy. To enhance security, the proof generation often involves secure multi-party computation, preventing users from forging false proofs. This opens the door to new possibilities in crypto lending. For example, zkTLS could enable real-time verification of user data on Bitcoin, making it possible to create programmable financial products, such as under-collateralized Bitcoin loans or fiat-backed lending. For institutional adoption, zkTLS could provide a way to meet regulatory requirements without compromising Bitcoin's core principles of decentralization. These developments could pave the way for greater interoperability between traditional finance and Bitcoin, further expanding BitcoinFi and lending markets. BitcoinFi Weekly is published 1/week, 100% for free. For full access, make sure you subscribe ⬇️ https://t.co/xVTDcnKqGS
RT @BSCNews: BITCOIN DEFI TO OVERTAKE ETHEREUM DEFI WITHIN 2 YEARS?! “If you look at Bitcoin, there's over a trillion dollars sitting there” - A core contributor to @CoreDao_Org is very bullish indeed on the potential of the Bitcoin-focused DeFi landscape… - Brendan Sedo believes that the whopping trillion dollars’ worth of idle Bitcoin capital will work its way into the DeFi sector, with the result that Bitcoin’s TVL will effectively ‘flip’ that of Ethereum within a two-year timeframe. “You could feasibly see a lot of that capital coming on chain... especially with the solutions like trustless bridges and roll-ups that are coming out”, said Sedo per a Cointelegraph article. - According to Sedo, perhaps the biggest barrier between the current state of the ecosystem and a massive Bitcoin DeFi landscape is a psychological one. - Bitcoin holders need to become accustomed and trust in the idea of ‘putting one’s $BTC to work’. - Cointelegraph’s report points to a lack of confidence in yield-bearing products in the wake of the likes of BlockFi and Celsius. “A lot of people have lost Bitcoin. I've lost Bitcoin. It’s not fun to lose Bitcoin. It [****ing] sucks. So there's lots of understandable skepticism with these new things that come out”, said Sedo. - However, if these trust-based issues can be overcome, gradually or suddenly, it paves the way for a DeFi ecosystem the likes of which the blockchain industry has never seen. - In particular, Sedo pointed to $CORE’s own Bitcoin-staking mechanism, owing to its self-custodial and trustless nature. - According to DefiLlama, Core boasts a TVL of more than $307 million at time of writing, reportedly making it the single largest #Bitcoin sidechain. [Image generated by Grok]
BITCOIN DEFI TO OVERTAKE ETHEREUM DEFI WITHIN 2 YEARS?! “If you look at Bitcoin, there's over a trillion dollars sitting there” - A core contributor to @CoreDao_Org is very bullish indeed on the potential of the Bitcoin-focused DeFi landscape… - Brendan Sedo believes that the whopping trillion dollars’ worth of idle Bitcoin capital will work its way into the DeFi sector, with the result that Bitcoin’s TVL will effectively ‘flip’ that of Ethereum within a two-year timeframe. “You could feasibly see a lot of that capital coming on chain... especially with the solutions like trustless bridges and roll-ups that are coming out”, said Sedo per a Cointelegraph article. - According to Sedo, perhaps the biggest barrier between the current state of the ecosystem and a massive Bitcoin DeFi landscape is a psychological one. - Bitcoin holders need to become accustomed and trust in the idea of ‘putting one’s $BTC to work’. - Cointelegraph’s report points to a lack of confidence in yield-bearing products in the wake of the likes of BlockFi and Celsius. “A lot of people have lost Bitcoin. I've lost Bitcoin. It’s not fun to lose Bitcoin. It [****ing] sucks. So there's lots of understandable skepticism with these new things that come out”, said Sedo. - However, if these trust-based issues can be overcome, gradually or suddenly, it paves the way for a DeFi ecosystem the likes of which the blockchain industry has never seen. - In particular, Sedo pointed to $CORE’s own Bitcoin-staking mechanism, owing to its self-custodial and trustless nature. - According to DefiLlama, Core boasts a TVL of more than $307 million at time of writing, reportedly making it the single largest #Bitcoin sidechain. [Image generated by Grok]
Nope, its not #bitcoin, @trondao positive momentum & increasing popularity indicate growing use and acceptance especially for #smartcontracts Sign Up on https://t.co/Lv3ZlKrO2f #koinbasket #crypto #binance #koinbasket #TRON #Blockchain #blockfi https://t.co/eLgvG5aEqD
Last 2 years: - Ukraine-Russia war - Israel-Palestine war - Fastest rate hike cycle in history - LUNA collapse - 3AC collapse - FTX collapse - Blockfi collapse - Celsius collapse - Banking crisis - Binance FUD - SEC suing Binance & Coinbase - Grayscale selling - Germany selling - Genesis selling - Recession fears But they will call you “lucky” if you hodl #Bitcoin
RT @kellyjgreer: to summarize: miners are buying btc governments and bankruptcies have run out in the near term after selling $12bn since june btc holdings by government in order: US: only 20k for sale in the near term (silk road). the remaining don’t have sell orders UK: 61k btc - would be shocked if sold in the near term - chinese investors are demanding this returned to china Germany: done Gox remaining: 2025 Genesis, Celsius, Blockfi, FTX etc: donezo how i sleep:
to summarize: miners are buying btc governments and bankruptcies have run out in the near term after selling $12bn since june btc holdings by government in order: US: only 20k for sale in the near term (silk road). the remaining don’t have sell orders UK: 61k btc - would be shocked if sold in the near term - chinese investors are demanding this returned to china Germany: done Gox remaining: 2025 Genesis, Celsius, Blockfi, FTX etc: donezo how i sleep:
🚀 @SwapKitPowered is transforming #DeFi with its easy-to-use API for seamless cross-chain transfers. Leveraging @THORChain, @Chainflip & @Maya_Protocol, it boosts security & simplifies integration. Say goodbye to intermediary risks like FTX & BlockFi! 🙌 https://t.co/tqxX9ntDBs
IN 2024, WE HAVE SURVIVED 👇 GRAYSCALE DUMP WWIII FEARS MT. GOX DUMP GERMAN GOVERNMENT DUMP US GOVERNMENT DUMP MINERS DUMP GENESIS DUMP BLOCKFI DUMP JUMP TRADING DUMP NOW, MOST OF THESE DUMP ARE OVER ONCE GLOBAL LIQUIDITY STARTS TO RISE BY Q3 END, BITCOIN AND CRYPTO PUMP WILL RESUME 🔥
RT @DavidFBailey: Mt Gox done GBTC done Genesis done Celsius done Blockfi done Germany done USA in process If these positions hadn’t liquidated this year, we’d already be pushing $100k
RT @DavidFBailey: Mt Gox done GBTC done Genesis done Celsius done Blockfi done Germany done USA in process If these positions hadn’t liquidated this year, we’d already be pushing $100k