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0 sats \ 3 replies \ @cryptocoin OP 28 Jun 2022 \ on: 📺 Lending Platform BlockFi is About to Collapse - EP 516 | Simply Bitcoin bitcoin
â–º Lending Platform BlockFi is About to Collapse. Looking back, were there red flags? What were they? We examine a few articles and pointers that may have helped clue everyone in on the fact funds are not SAFU no matter how good, safe and trustworthy it sounds.
â–º As the Bitcoin Fiat price cools off we are seeing more than just retail investors feeling the sting. We dive into how miners and their lenders may have over leveraged themselves and what the possible outcomes could be.
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0 sats \ 2 replies \ @cryptocoin OP 28 Jun 2022
✔ BTC Stats: ► https://bitnodes.io/dashboard/7y/ ► https://twitter.com/glassnodealerts/status/1540549228828688391 ► https://twitter.com/glassnodealerts/status/1540715366959030273 ► https://twitter.com/glassnodealerts/status/1540579420456493056
✔ Daily Fail: ► https://twitter.com/_pretyflaco/status/1540835461903667203 ► https://twitter.com/coryklippsten/status/1540822218015473666 ► https://blockfi.com/an-introduction-to-rehypothecation-with-cryptocurrency ► https://newmoneyreview.com/index.php/2022/02/14/blockfi-lied-to-retail-clients-about-lending-risks/ ► https://twitter.com/noiseycomputers/status/1540305267346198528
✔ BTC News: ► https://finance.yahoo.com/news/bitcoin-market-meltdown-prompts-fresh-093000754.html ► https://news.bitcoin.com/ecb-chief-lagarde-crypto-and-defi-could-pose-real-risks-to-financial-stability/ ► https://www.bloomberg.com/news/articles/2022-06-24/almost-4-billion-in-bitcoin-miner-loans-are-coming-under-stress
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0 sats \ 1 reply \ @cryptocoin OP 28 Jun 2022
Timecodes:
0:00 - Intro 1:00 - BTC Stats 9:39 - Daily Fail 33:25 - BTC News 50:03 - Meme Review 55:44 - Software Release
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0 sats \ 0 replies \ @cryptocoin OP 28 Jun 2022
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On BitcoinTV (Peertube / Fediverse):
Lending Platform BlockFi is About to Collapse | EP 516
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