created: 2022-11-14 08:17
âĻ MOOD::0
âŧ HABITS [Meditate::] [Exercise::â ] [Personal Work::]
Monday, November 14, 2022
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ð Daily Questionsâ
ð Last night, after work, Iâ
- Watched SNF, prepared lunches and fruits for the week and got in bed around 10pm
ð One thing I'm excited about right now isâ
- work project that is progressing
ð One+ thing I plan to accomplish today isâ
- Start a daily 5 miles run for the next 2 weeks to improve cardio for Singapore
ð One thing I'm struggling with today isâ
- the morning drive
ð Ephemeral Notesâ
- #crypto FTX Bankruptcy
- FTX was the third-largest crypto exchange and it used client-money for investment in their sister company Alameda and distorted their evaluation by selling a small portion of their own token (FTT) and holding the rest
- Biance held a large portion of their token and can tank their evaluation by dumping it onto the market and since they had no assets to back their client-money investments, they would not be able to fulfill customer withdraws
- The CEOs (CZ and SBF) got into a fight and Binance CEO threatened to dump their token and ended in FTX getting bought out by Binance
- Binance backed out and FTX had 9 billion liabilities
- Since then, lots of news unearthed the unethical and illegal behaviors FTX was doing
- Raised concerns for other crypto exchanges and general public sentiment around crypto
- AAX announced they are "pausing" customer withdraws due to privacy and security concerns and it seems like a ploy to delay a mass-withdraw while they gather capital
- How long will Cryto.com be the name of the LAL stadium name?
Notes created todayâ
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Notes last touched todayâ
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