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VOICE ARCHIVE

@jonwu_

@jonwu_
15 posts
2023-06-06
People are vastly underestimating the implications of Apple's new headset. Vision Pro integrates all of Apple's abilities in chip design, AI, and hardware. Tesla should be terrified. Here's Apple's vision for disrupting the nearly $3 trillion global automotive market: [image]
2023-06-06 View on X
The Verge

Tim Cook unveils Apple Vision Pro, a “spatial computing” headset controlled with the user's eyes, hands, and voice, coming to the US for $3,499+ in early 2024

Apple has announced an augmented reality headset called Apple Vision Pro that “seamlessly” blends the real and digital world.

2023-03-12
Unfortunately, more than 93% of SVB's $161 billion in deposits are uninsured. Meaning a huge swath of America's startup ecosystem has their money locked in a giant paper IOU with the Federal government. https://twitter.com/...
2023-03-12 View on X
Bloomberg

As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality

an unsecured illiquid claim on a failed bank. Absent @jpmorgan @citi or... https://twitter.com/... Bob Elliott / @bobeunlimited : Fed/FDIC decisions on SVB determine whether they r...

2023-03-11
Unfortunately, more than 93% of SVB's $161 billion in deposits are uninsured. Meaning a huge swath of America's startup ecosystem has their money locked in a giant paper IOU with the Federal government. https://twitter.com/...
2023-03-11 View on X
Bloomberg

As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality

Programming note: Money Stuff was supposed to be off today, but: bank run!  —  SVB

2022-11-14
watching $380m get drained from FTX wallets rn https://twitter.com/...
2022-11-14 View on X
CoinDesk

The Securities Commission of The Bahamas says it didn't order FTX to reopen withdrawals for Bahamas-based customers, refuting FTX's statement

Nikhilesh De / CoinDesk :

2022-11-13
watching $380m get drained from FTX wallets rn https://twitter.com/...
2022-11-13 View on X
CoinDesk

The Securities Commission of The Bahamas says it didn't order FTX to reopen withdrawals for Bahamas-based customers, refuting FTX's statement

FTX said last week it had allowed Bahamas-based customers to withdraw funds at its regulators' request.  —  Crypto exchange FTX was not required …

watching $380m get drained from FTX wallets rn https://twitter.com/...
2022-11-13 View on X
CoinDesk

FTX claims the company was hacked, telling users to delete FTX apps, not install app updates, and not to visit FTX.com, after $600M+ in crypto left its wallets

trustless, permissionless, uncensorable crypto—is the only path forward for the future. This week, we grieved. Next week, we build. @cz_binance : What a sh!t show... And it's going...

2022-11-12
watching $380m get drained from FTX wallets rn https://twitter.com/...
2022-11-12 View on X
CoinDesk

FTX claims it has been hacked, and instructs users not to install new upgrades or go to FTX.com and to delete FTX apps, after $600M+ in crypto left FTX wallets

FTX officials appeared to confirm rumors of a hack on Telegram, instructing users to delete FTX apps and avoid its website.

2022-06-14
Celsius is one of the largest centralized gateways to crypto. It raised $864m of venture capital and at one point custodied over $3 billion of funds for 1m+ customers. As of today, it appears insolvent, and it's taking the whole crypto market with it. The Celsius Thread: 👇
2022-06-14 View on X
Decrypt

Celsius' CEL token fell 70% in one hour after the DeFi lender suspended all customer withdrawals, amid a broader crypto market crash

Daniel Roberts / Decrypt :

Celsius is one of the largest centralized gateways to crypto. It raised $864m of venture capital and at one point custodied over $3 billion of funds for 1m+ customers. As of today, it appears insolvent, and it's taking the whole crypto market with it. The Celsius Thread: 👇
2022-06-14 View on X
CoinDesk

Binance paused bitcoin withdrawals for a few hours on Monday “due to a stuck transaction causing a backlog”; the company says BTC withdrawals have since resumed

CEO Changpeng Zhao attributed the issue to a “stuck transaction,” and promised a quick fix. Source: @cz_binance , @binance , and @cz_binance .

2022-05-10
An $18 billion stablecoin is losing its dollar peg with all the magical chaos of algorithmic stables, with a dash of Bitcoin systemic risk drama. Here's everything you need to know. The $UST Depeg Thread: 👇
2022-05-10 View on X
Bloomberg

A look at Do Kwon's algorithmic UST stablecoin, designed to trade at $1, after it fell as low as $0.60; CoinMarketCap says there are 18.5B UST in circulation

Algorithmic stablecoins, like their more “traditional” counterparts, are supposed to provide calm in the chaos of crypto.

An $18 billion stablecoin is losing its dollar peg with all the magical chaos of algorithmic stables, with a dash of Bitcoin systemic risk drama. Here's everything you need to know. The $UST Depeg Thread: 👇
2022-05-10 View on X
CoinDesk

CoinMarketCap: UST stablecoin loses its USD peg, falling as low as $0.60, after the Luna Foundation Guard pledges $1.5B of its bitcoin reserves to support UST

Despite Loan From Bitcoin Reserves The Block : Crypto researcher unpacks why UST broke down and what happens next Brian Newar / Cointelegraph : Terra peg mechanism in doubt as UST ...

It's worth noting you can always redeem 1 $UST for $1 worth of $LUNA, even if $UST is worth <$1. It's meant to be a stabilizing mechanism: If $UST is trading at $0.99, arbitrageurs can buy it and redeem it for $1 of $LUNA.
2022-05-10 View on X
CoinDesk

CoinMarketCap: UST stablecoin loses its USD peg, falling as low as $0.60, after the Luna Foundation Guard pledges $1.5B of its bitcoin reserves to support UST

Despite Loan From Bitcoin Reserves The Block : Crypto researcher unpacks why UST broke down and what happens next Brian Newar / Cointelegraph : Terra peg mechanism in doubt as UST ...

It's worth noting you can always redeem 1 $UST for $1 worth of $LUNA, even if $UST is worth <$1. It's meant to be a stabilizing mechanism: If $UST is trading at $0.99, arbitrageurs can buy it and redeem it for $1 of $LUNA.
2022-05-10 View on X
Bloomberg

A look at Do Kwon's algorithmic UST stablecoin, designed to trade at $1, after it fell as low as $0.60; CoinMarketCap says there are 18.5B UST in circulation

Algorithmic stablecoins, like their more “traditional” counterparts, are supposed to provide calm in the chaos of crypto.

2022-03-01
Someone used Aztec over the weekend to send 2,000 $DAI anonymously to the Ukraine crypto donation address. If you want to support causes with private crypto payments and donations, here's how: https://twitter.com/...
2022-03-01 View on X
VICE

Binance, Coinbase, and others deny Ukrainian requests to freeze Russian and Belarusian accounts, citing “economic freedom”, but will comply with sanctions

Binance, the world's largest exchange, said “unilaterally” banning users “would fly in the face of the reason why crypto exists.”

2022-02-28
Someone used Aztec over the weekend to send 2,000 $DAI anonymously to the Ukraine crypto donation address. If you want to support causes with private crypto payments and donations, here's how: https://twitter.com/...
2022-02-28 View on X
CoinDesk

Elliptic report: Ukraine's government has received nearly $20M in ether and bitcoin; Binance will donate $10M in crypto

FTX's Sam Bankman-Fried, Chain.com CEO Deepak Thapliyal made significant donations to the humanitarian effort.  —  The Ukraine government's call for donations to resist …