Main Channel t.me/blockchain_lobsters
https://x.com/firstdigitalhq/status/1907475712447230173
Читать полностью…Not saying this is what happened here but big players found out a long time ago they can earn millions from playing the social media card while shorting/longing as much as they want
Читать полностью…I swear he is just the front for either CCP or DRPK
Читать полностью…they are claiming first digital mismanaged funds for TUSD reserves
Читать полностью…Well seems like offshoot of the same company. are they related or no?
Читать полностью…FDUSD DEPEGS 5% AFTER CONCERNS RAISED BY JUSTIN SUN OVER SOLVENCY, WIPING $130M OFF ITS MARKETCAP: MARKET
🔗 velo.xyz
yeah honestly that's issue with tokens as a whole. most tokens are in this limbo where they vaguely represent the market's confidence in the core team but doesn't exactly represent equity and you are not really entitled to anything. it is hard to enter a flywheel when the wheel itself isn't well defined.
Читать полностью…no, but if you burnt the native token of your l2 you might enter in a flywheel. It's just an exemple of value sharing, my point is broader than l2, could be any chain or app
Читать полностью…In a situation like this, it’s so easy. Someone makes a tweet/article before shorting a stablecoin and then longing when someone says its not true
Читать полностью…So I guess the depeg comes from the article about Justin Sun helping out a liquidity crisis of 500million in TUSD because their money was stuck in illiquid investments.
Читать полностью…First Digital Labs = FDUSD, First Digital Trust = TUSD, seems like fake news, we have to wait n see
Читать полностью…justin sun said it's insolvent.
then he yi said it's not, so it's back up.
What happened to this stablecoin now. It's depegging
https://coinmarketcap.com/currencies/first-digital-usd/
admittedly, it was more like that before chokepoint 2.0, maybe it'll come back when/if regs get alleviated
Читать полностью…might be because of the first protocol research call going on rn: https://x.com/adietrichs/status/1907432842167988607
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