Symbio

idk if anyone mentioned this yet but the latest binance POR frontend doesnt match the provided addresses at all: usdt por: 29,483,062,748 usdt addresses: 28,542,387,898 eth por: 3,654,921 eth addresses: 3,399,760 @Protos

i still wondering what the fuck is going on with bitfinex's USDT user balances, they are ranging 100's % up n down on a regular basis. An exchange holding 14B+$ (20B.+ with LEO) in assets is supposedly only holding <100m USDT at times? no other exchange has such a low ratio...🙃

Assuming this isn't bogus numbers like at FTX, Binance has total of 1.9B USD in it's Insurance Funds for Perp's. Wouldn't be surprised if they are dipping into them now. @Binance btw your usdc fund is stuck at June 23, pls fix

One of the 4 Binance's Insurance Funds for USDT margined perps is currently going down at a crazy rate and is soon depleted. Either someone found a loophole to drain it or Binance is withdrawing money themselves. Would be unusual for binance to do it like this over weeks...

Tethers Excess Reserves/Net Equity as percent of Total Reserves at lowest point since Q4 2022.🙃 Backing a Stablecoin with Gold & BTC was always stupid as fuck and greedy. If they crash further from here we will likely see a depeg as institutions will dump Tether imo.

It's absolutely mind boggling that HTX/@justinsuntron just keeps serving Russian citizens after the UK sanctions. ...visibly for every one in their public telegram channels. They don't even try to hide it. This messages are from yesterday 🙃 @Protos

HTX's Proof of Reserves (PoR) page now cites some mysterious Custodial Wallets since this month. Addresses are unknown, rendering the PoR useless. latest PoR shows that: - 82% of the 1B. $ Stablecoins are "custodial" - 70% of the ETH are "custodial" 🙃

calculated the theoretical profit/loss of the tether reserves quarter over quarter with the last attest data and current bitcoin & gold prices and it's not looking good this quarter🙃

Also usd borrowed to long btc/usd pair on bitfinex at all time high, currently 5.6B $ 👀 It's wierd that that usd borrowed isn't higher, given that btc longs went up alot the past 3 weeks... who the fuck borrows 5.6 Bil. USD with 14% interest😂

so much alternative revenue streams beside trading fee's...so much indeed that they cant list a single one. like how is bitfinex supposed to make a profit without trading fee's?🙃 in hindsight this will be seen as a big red flag...