Goldfinch protocol users suffer third default, lender Lend East expected to default on $5.9 million
Lenders using decentralized finance protocol Goldfinch were hit hard after another large borrower defaulted. Borrower Lend East previously secured a loan worth $10.2 million through support from Goldfinch users. In an update on April 1, Warbler Labs, the company behind the Goldfinch protocol, announced that Lend East would only be able to repay about $4.25 million of the loan, saying it expected Lend East to default on the remaining $5.9 million when the loan matures on April 3. . "Warbler La...
25,000 BTC options and 217,000 ETH options are expiring today, with a total notional value of $1.6 b…
According to options delivery data released by Adam@Greeks.live on December 22, 25,000 BTC options are about to expire, with a Put Call Ratio of 0.70, a maximum pain point of US$42,000, and a nominal value of US$1.11 billion. 217,000 ETH options are about to expire, the Put Call Ratio is 0.60, the biggest pain point is US$2,200, and the nominal value is US$490 million. Adam@Greeks.live analyzed that cryptocurrencies have fluctuated at high levels this week, the inscription market continues, c...
Apple is discussing with Google to let Gemini provide AI services for iPhone
Apple is in talks to put Google's Gemini artificial intelligence engine into iPhones, setting the stage for a major deal that will shake up the artificial intelligence industry. Gemini is a set of generative artificial intelligence models from Google. The above-mentioned people familiar with the matter said that the two companies are actively negotiating to allow Apple to obtain Gemini's authorization to provide support for some new features of this year's iPhone software. Peop...
<100 subscribers
Goldfinch protocol users suffer third default, lender Lend East expected to default on $5.9 million
Lenders using decentralized finance protocol Goldfinch were hit hard after another large borrower defaulted. Borrower Lend East previously secured a loan worth $10.2 million through support from Goldfinch users. In an update on April 1, Warbler Labs, the company behind the Goldfinch protocol, announced that Lend East would only be able to repay about $4.25 million of the loan, saying it expected Lend East to default on the remaining $5.9 million when the loan matures on April 3. . "Warbler La...
25,000 BTC options and 217,000 ETH options are expiring today, with a total notional value of $1.6 b…
According to options delivery data released by Adam@Greeks.live on December 22, 25,000 BTC options are about to expire, with a Put Call Ratio of 0.70, a maximum pain point of US$42,000, and a nominal value of US$1.11 billion. 217,000 ETH options are about to expire, the Put Call Ratio is 0.60, the biggest pain point is US$2,200, and the nominal value is US$490 million. Adam@Greeks.live analyzed that cryptocurrencies have fluctuated at high levels this week, the inscription market continues, c...
Apple is discussing with Google to let Gemini provide AI services for iPhone
Apple is in talks to put Google's Gemini artificial intelligence engine into iPhones, setting the stage for a major deal that will shake up the artificial intelligence industry. Gemini is a set of generative artificial intelligence models from Google. The above-mentioned people familiar with the matter said that the two companies are actively negotiating to allow Apple to obtain Gemini's authorization to provide support for some new features of this year's iPhone software. Peop...
Share Dialog
Share Dialog
"The Big Short" author Michael Lewis disclosed in his new book "Going Infinite" that he founded the hedge fund Alameda with FTX founder Sam Bankman-Fried (SBF) in 2017, and in April 2018, together with other management team members Tara Mac Aulay, who resigned, said her decision to leave was partly due to "concerns about risk management and business ethics" and the disappearance of tens of millions of dollars from FTX's hedge fund department. Lewis said in the book that Aulay had long since determined that SBF was dishonest and manipulative.
According to Aulay, working with SBF is not easy. She said: "SBF is very demanding and expects everyone to work 18 hours and give up any idea of a normal life. He is often late for meetings, doesn't shower for weeks and is surrounded by clutter and old food. Sleeps at the desk This was a common occurrence. Much of the team's time was spent curbing SBF's insatiable desire to trade. The entire management team wanted to leave."
SBF's complete disregard for risk management led to Aulay's departure. By early 2018, Alameda's financial situation was in "a state of disarray," Lewis said. Its trading system lost about $14 million, but its staff could not quantify the exact amount. An Alameda employee noticed that $4 million worth of XRP tokens were also missing. Mac Aulay and the entire management team and half of the staff left Alameda on April 9, 2018. According to Lewis, they received between $1 million and $2 million in severance packages. Mac Aulay subsequently founded a trading firm, Lantern Ventures, and several former Alameda employees joined the company.
"The Big Short" author Michael Lewis disclosed in his new book "Going Infinite" that he founded the hedge fund Alameda with FTX founder Sam Bankman-Fried (SBF) in 2017, and in April 2018, together with other management team members Tara Mac Aulay, who resigned, said her decision to leave was partly due to "concerns about risk management and business ethics" and the disappearance of tens of millions of dollars from FTX's hedge fund department. Lewis said in the book that Aulay had long since determined that SBF was dishonest and manipulative.
According to Aulay, working with SBF is not easy. She said: "SBF is very demanding and expects everyone to work 18 hours and give up any idea of a normal life. He is often late for meetings, doesn't shower for weeks and is surrounded by clutter and old food. Sleeps at the desk This was a common occurrence. Much of the team's time was spent curbing SBF's insatiable desire to trade. The entire management team wanted to leave."
SBF's complete disregard for risk management led to Aulay's departure. By early 2018, Alameda's financial situation was in "a state of disarray," Lewis said. Its trading system lost about $14 million, but its staff could not quantify the exact amount. An Alameda employee noticed that $4 million worth of XRP tokens were also missing. Mac Aulay and the entire management team and half of the staff left Alameda on April 9, 2018. According to Lewis, they received between $1 million and $2 million in severance packages. Mac Aulay subsequently founded a trading firm, Lantern Ventures, and several former Alameda employees joined the company.
No comments yet