created: 2022-11-14 08:17

⨑ MOOD::0

↻ HABITS [Meditate::] [Exercise::✅] [Personal Work::]

Monday, November 14, 2022

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📅 Daily Questions

🌜 Last night, after work, I

• Watched SNF, prepared lunches and fruits for the week and got in bed around 10pm

🙌 One thing I’m excited about right now is

• work project that is progressing

🚀 One+ thing I plan to accomplish today is

• Start a daily 5 miles run for the next 2 weeks to improve cardio for Singapore

👎 One thing I’m struggling with today is

• the morning drive

📝 Ephemeral Notes

• #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 $900 million assets against $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 today

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Notes last touched today

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