AbelC (@abel_chernet) profile picture

AbelC

@abel_chernet
Joined September 2017
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Photo by AbelC (@abel_chernet)
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This kind of make sense conceptually. Use the breakup fee as a liquidity event for employees / investors. Question is if $20bn is the right valuation though (e.g have valuation changed given market conditions, Adobe share price reaction on announcement, prob of other buyers etc)
villi (@villi) profile picturevilli
@villi25 Feb 2023
Had not thought about the break up fee. They could keep it all. But here is a thought. - keep $100-200M - pay $100M one time bonus to employees - $200M for employees to exercise/sell at $20B - use remainder to buy back shares from investors at $20B, returning 2x all cap raised
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Outrageous to read about the lack of accounting, compliance and controls at #ftx / #Alameda. Once the dust settles, hopefully one of the fallouts would be an increased focus on bringing experienced professionals in these fields into #Crypto. Too many orgs are de-prioritising this
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Must be one of the shortest due diligence processes ever
Binance (@binance) profile pictureBinance
@binance9 Nov 2022
As a result of corporate due diligence, as well as the latest news reports regarding mishandled customer funds and alleged US agency investigations, we have decided that we will not pursue the potential acquisition of FTX.com.
Wild that #axs investors are still up 125x given it’s lost ~95% of value over the last year
Lookonchain (@lookonchain) profile pictureLookonchain
@lookonchain19 Oct 2022
1/ A thread about Axie Infinity( $AXS) Unlock. 21,543,000 $AXS($233M) will be unlocked in 5 days (October 25th). It should be noted that Advisors will unlock 2,501,750 $AXS ($27M), and Private Sale will unlock 1,997,500 $AXS ($21.6M).
Image from Lookonchain (@lookonchain)
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Happy Merge Day!
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One of the best things about #Crypto: Retail can invest early in projects & benefit from the financial upside. One of the worst things about crypto: Retail can invest early in projects, but are at a massive information disadvantage (e.g. prev round pricing, vesting schedules etc)
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So much insight into the state of the market in just 10 dashboards. Gotta love @DuneAnalytics!
Dune (@Dune) profile pictureDune
@Dune17 Jun 2022
The top 10 dashboards of the week: 🧙‍♂️
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So... what happens to $USN and $USDD now? #stablecoins #UST
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This is awesome!
HipMunks (@hip_munks) profile pictureHipMunks@hip_munks3 May 2022
When @obsilence started working with Yida Refugee Camp in Sudan, teachers gave lessons under a tree with a broken chalkboard. Now they have one of the top performing schools in Nuba 🤯💪 And they take #NFT donations! 🌈🔥 #HipMunkHighlight #NFTCommunity operationbrokensilence.org/
Operation Broken Silence

Operation Broken Silence

We're dedicated to Sudanese communities, cultivating resilience and driving meaningful change through crowdfunded programs.

operationbrokensilence.org
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So a few hours after their community lost ~$100m on gas, #YugaLabs want to create their own chain. Just after coming up with their own design for the sale that led to this. Will #APECOIN holders now have confidence in them building out their own chain?
Yuga Labs (@yugalabs) profile pictureYuga Labs
@yugalabs1 May 2022
Replying to @yugalabs
We're sorry for turning off the lights on Ethereum for a while. It seems abundantly clear that ApeCoin will need to migrate to its own chain in order to properly scale. We'd like to encourage the DAO to start thinking in this direction.
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We need more experimentation on how to best reward the community. Well done @haonan and the @optimismPBC team for trying to rethink how to do airdrops
Haonan (@haonan) profile pictureHaonan
@haonan26 Apr 2022
1/ Optimism is building an airdrop machine what does this mean? Thread below
Absolutely love the approach from @kevinrose & @JustinMezzell. A few hours after the announcement of Ryan leaving and they host an open Twitter space, requesting all the tough question from the community and answering with utmost transparency. This is how you respond!
Kevin Rose (@kevinrose) profile pictureKevin Rose
@kevinrose25 Apr 2022
Much to discuss, hope to see you there! teapawt.org/i/spaces/1MnxnkerPmYKO
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There’s definitely things that should have happened differently, but building is hard and we learn as we go. At least they’re willing to learn in public rather than behind closed doors which will benefit the #NFTCommunity #moonbirdsnft
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Probably my favourite episode exploring NFT utility, community building etc. Thanks @TrustlessState @RyanSAdams for continuing to bring amazing guests in to educate on important topics. You continue to push the industry forward!
RYAN SEAN ADAMS (@RyanSAdams) profile pictureRYAN SEAN ADAMS
@RyanSAdams20 Apr 2022
The MOONBIRDS story... Plus: The guy who launched the most successful NFT of 2022 tells us exactly how he did it...and you can too! @kevinrose on @bankless DO NOT MISS Podcast out now: podcast.banklesshq.com/ YouTube premiers in 4 hours: youtube.com/watch?v=6RAFSFow…
Image from RYAN SEAN ADAMS (@RyanSAdams)
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Excited about this one. Using zk technology as personal identification makes so much sense to retain privacy. @0xPolygon team just keeps executing on building out zk based solutions!
Polygon (@0xPolygon) profile picturePolygon
@0xPolygon29 Mar 2022
Keep personal details, personal. Introducing Polygon ID - a self-sovereign identity solution powered by zk cryptography. - Complete user-privacy - Scalable on-chain verification - Open attestation ecosystem #OwnYourIdentity TL;DR 👇 [1/7]
What did you start with this article….
vitalik.eth (@VitalikButerin) profile picturevitalik.eth
@VitalikButerin7 Jan 2022
My argument for why the future will be *multi-chain*, but it will not be *cross-chain*: there are fundamental limits to the security of bridges that hop across multiple "zones of sovereignty". From old.reddit.com/r/ethereum/co…:
Image from vitalik.eth (@VitalikButerin)
Image from vitalik.eth (@VitalikButerin)
Ugh. Another one... Easy to point fingers at Sky Mavis having 4/9 validator notes, but the fact that no one got alerted for 6 days is almost more concerning...
Kelvin Fichter (@kelvinfichter) profile pictureKelvin Fichter
@kelvinfichter29 Mar 2022
Welp. @Ronin_Network is now on top of the crypto hack leaderboard. $625 MILLION dollars worth of ETH and USDC just got stolen from the Ronin bridge. Here's how it happened.
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We need better monitoring of bridges!
Welp. @Ronin_Network is now on top of the crypto hack leaderboard. $625 MILLION dollars worth of ETH and USDC just got stolen from the Ronin bridge. Here's how it happened.
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