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VOICE ARCHIVE

Larry Cermak

@lawmaster
114 posts
2025-10-13
There are now 38 assets that recovered to higher prices than pre-10/10 crash prices. Synthetix is now a clear outlier. SNX - up 88% BAT - up 46% FF - up 42% MORPHO - up 27% DASH - up 22% PROVE - up 17% ZEC - up 13% TAO - up 11% PUNDIX - up 11% RDNT - up 10% [image]
2025-10-13 View on X
Bloomberg

CoinGecko: crypto's combined market cap rises 6%+ to hit $4T, recovering from a brutal weekend selloff as President Trump tries to calm US-China trade war fears

Most major cryptocurrencies rebounded from steep losses suffered over a brutal weekend selloff, as President Donald Trump sought …

2023-11-13
1/ Big news today as we announce Foresight Ventures acquired a majority stake in The Block. This tx gives The Block a fresh start ahead of the bull market and provides us with more capital to build out new exciting products and expand our footprint into Asia and the Middle East.
2023-11-13 View on X
Axios

The Block sells an 80% stake to Singaporean VC Foresight Ventures, valuing the crypto outlet at $70M and freeing the business from its financial ties to FTX

2023-03-17
@tier10k Plans change innit https://twitter.com/...
2023-03-17 View on X
CoinDesk

The Arbitrum Foundation, which develops the Ethereum Layer 2 network Arbitrum, plans to airdrop its long-awaited ARB token on March 23 and transition to a DAO

Sam Kessler / CoinDesk :

2023-03-16
@tier10k Plans change innit https://twitter.com/...
2023-03-16 View on X
CoinDesk

The Arbitrum Foundation, which develops the Ethereum Layer 2 platform Arbitrum, plans to airdrop its long-awaited ARB token on March 23 and transition to a DAO

The long-awaited ARB token will grant holders the ability to vote on changes to the leading Ethereum layer 2 network.

2023-03-03
@tier10k @levi_alterman Kinda fucked up there isn't enough disclosure to know how much and what the exact split is. I'm assuming not much of USDC reserves sits at Silvergate but why don't we know LOL
2023-03-03 View on X
CoinDesk

Coinbase, Circle, Paxos, Crypto.com, Bitstamp, Cboe, and Gemini suspend business operations with Silvergate, which reported being “less than well-capitalized”

Silvergate's clients Coinbase, Circle, Paxos, Crypto.com, Bitstamp, Cboe Digital Markets and Gemini said they will suspend business with the bank.

2023-03-02
@tier10k @levi_alterman Kinda fucked up there isn't enough disclosure to know how much and what the exact split is. I'm assuming not much of USDC reserves sits at Silvergate but why don't we know LOL
2023-03-02 View on X
CoinDesk

Filing: crypto-friendly US bank Silvergate delays its annual report, citing investigations from regulators, Congress, and the DOJ; SI plunges over 40%

Shares fell over 10% in after-hours trading.  —  Christy Goldsmith Romero … Commissioner  —  U.S. Commodity Futures Trading Commission

2023-02-13
@Tree_of_Alpha Don't think this would make it a security but there is 50-50 revenue split between Paxos and Binance. Rev share in general probably is enough for Garry to overstep his jurisdiction
2023-02-13 View on X
Wall Street Journal

Binance says the NYDFS ordered Paxos to stop issuing more of its BUSD stablecoin, which has 6.2M holders; Paxos will continue redemptions and cut Binance ties

Firm will continue to manage redemptions of the product  —  New York regulators directed a crypto company to stop issuing …

2022-12-11
Needless to say I didn't benefit from Mike's personal loans in any way. In fact, I lost roughly the same amount on FTX as I made from The Block's compensation and bonuses since joining 4 years ago. I never borrowed money from anyone either.
2022-12-11 View on X
Axios

Sources: Alameda secretly loaned $43M to LLCs tied to The Block CEO Michael McCaffrey, used in part to buy and run the crypto news site; McCaffrey resigns

The Block, a media company that says it covers crypto news independently, has been secretly funded for over a year with money funneled …

Last few months really can't get much worse. Got fucked by FTX (after naively trusting them like a complete idiot) and now also got fucked by the CEO. Just like everyone else at The Block, I just found out about this. https://twitter.com/...
2022-12-11 View on X
Axios

Sources: Alameda secretly loaned $43M to LLCs tied to The Block CEO Michael McCaffrey, used in part to buy and run the crypto news site; McCaffrey resigns

The Block, a media company that says it covers crypto news independently, has been secretly funded for over a year with money funneled …

@ercwl I think the cherry on top is that I accidentally leaked my boss's secret loans from Alameda on Tuesday unknowingly. It's in this sheet https://twitter.com/...
2022-12-11 View on X
Axios

Sources: Alameda secretly loaned $43M to LLCs tied to The Block CEO Michael McCaffrey, used in part to buy and run the crypto news site; McCaffrey resigns

The Block, a media company that says it covers crypto news independently, has been secretly funded for over a year with money funneled …

@Lord_Ashdrake @AutismCapital Yea whoever that is is totally right I stood up for FTX when I said I thought near 0% chance that they are in trouble. Luckily I also advised everyone to take out money anyways. Obviously, in retrospect, I regret tweeting that but haven't deleted.
2022-12-11 View on X
Axios

Sources: Alameda secretly loaned $43M to LLCs tied to The Block CEO Michael McCaffrey, used in part to buy and run the crypto news site; McCaffrey resigns

The Block, a media company that says it covers crypto news independently, has been secretly funded for over a year with money funneled …

I am proud of the 30+ person research team I built and will keep going with the new The Block leadership. It all really fucking sucks and I'm completely exhausted. Will be doing what truly matters and that's less Twitter and more time with my 4 month old daughter and my wife.
2022-12-11 View on X
Axios

Sources: Alameda secretly loaned $43M to LLCs tied to The Block CEO Michael McCaffrey, used in part to buy and run the crypto news site; McCaffrey resigns

The Block, a media company that says it covers crypto news independently, has been secretly funded for over a year with money funneled …

2022-12-10
@tier10k The DC tweet LOL “My honest advice: stop doing everything,” Mr. Zhao said. “Put on a suit, and go back to DC, and start to answer questions.”
2022-12-10 View on X
Bloomberg

As US prosecutors reportedly investigate whether FTX and Alameda orchestrated LUNA and UST's collapse, a look at the timeline of events and potential evidence

this will be yet another media show to benefit SBF. Crime pays. https://twitter.com/... @bigcheds : The golly gee sheepish act is so offensive - “But as the committee still thinks ...

@tier10k The DC tweet LOL “My honest advice: stop doing everything,” Mr. Zhao said. “Put on a suit, and go back to DC, and start to answer questions.”
2022-12-10 View on X
Bloomberg

Source: the US DOJ is preparing a possible fraud case against Sam Bankman-Fried and others, examining cash flows to the Bahamas around FTX's bankruptcy filing

US prosecutors, laying the groundwork for a potential fraud case against Sam Bankman-Fried and others involved in the collapse …

Last few months really can't get much worse. Got fucked by FTX (after naively trusting them like a complete idiot) and now also got fucked by the CEO. Just like everyone else at The Block, I just found out about this. https://twitter.com/...
2022-12-10 View on X
Axios

Sources: LLCs tied to the CEO of crypto news site The Block secretly received $43M in Alameda loans, used in part to buy and run the site; CEO has now resigned

The Block, a media company that says it covers crypto news independently, has been secretly funded for over a year with money funneled …

I am proud of the 30+ person research team I built and will keep going with the new The Block leadership. It all really fucking sucks and I'm completely exhausted. Will be doing what truly matters and that's less Twitter and more time with my 4 month old daughter and my wife.
2022-12-10 View on X
Axios

Sources: LLCs tied to the CEO of crypto news site The Block secretly received $43M in Alameda loans, used in part to buy and run the site; CEO has now resigned

The Block, a media company that says it covers crypto news independently, has been secretly funded for over a year with money funneled …

Needless to say I didn't benefit from Mike's personal loans in any way. In fact, I lost roughly the same amount on FTX as I made from The Block's compensation and bonuses since joining 4 years ago. I never borrowed money from anyone either.
2022-12-10 View on X
Axios

Sources: LLCs tied to the CEO of crypto news site The Block secretly received $43M in Alameda loans, used in part to buy and run the site; CEO has now resigned

The Block, a media company that says it covers crypto news independently, has been secretly funded for over a year with money funneled …

@ercwl I think the cherry on top is that I accidentally leaked my boss's secret loans from Alameda on Tuesday unknowingly. It's in this sheet https://twitter.com/...
2022-12-10 View on X
Axios

Sources: LLCs tied to the CEO of crypto news site The Block secretly received $43M in Alameda loans, used in part to buy and run the site; CEO has now resigned

The Block, a media company that says it covers crypto news independently, has been secretly funded for over a year with money funneled …

@Lord_Ashdrake @AutismCapital Yea whoever that is is totally right I stood up for FTX when I said I thought near 0% chance that they are in trouble. Luckily I also advised everyone to take out money anyways. Obviously, in retrospect, I regret tweeting that but haven't deleted.
2022-12-10 View on X
Axios

Sources: LLCs tied to the CEO of crypto news site The Block secretly received $43M in Alameda loans, used in part to buy and run the site; CEO has now resigned

The Block, a media company that says it covers crypto news independently, has been secretly funded for over a year with money funneled …

2022-12-09
@tier10k The DC tweet LOL “My honest advice: stop doing everything,” Mr. Zhao said. “Put on a suit, and go back to DC, and start to answer questions.”
2022-12-09 View on X
Bloomberg

As US prosecutors reportedly investigate whether FTX and Alameda orchestrated LUNA and UST's collapse, a look at the timeline of events and potential evidence

The latest twist in the downfall of crypto maven Sam Bankman-Fried is prompting a reexamination of the implosion …