BYDFi

BYDFi is a cryptocurrency trading platform for global investors. It has continued to bring professional, convenient and new trading services to global users since 2019. With the slogan “BUIDL Your Dream Finance” takes cryptocurrency trading to a whole new level. BYDFi aspires for its platform to afford users autonomy and leave a permanent imprint on the sector’s progress.

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Well.. I guess I'm a pro programmer now http://dlvr.it/ScwmWW

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Tech/IT worker compass. Which quadrant do you feel the most related to? http://dlvr.it/Scwlfv

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New CEO of FTX has just released a declaration and it is WILD. SBF received loans from Alameda. Real estate and items for employees was purchased with FTX money. Fair value of remaining non-stablecoin crypto is $659. "Never in my career have I seen such a complete failure of corporate controls..."

https://twitter.com/kadhim/status/1593222595390107649 Here is the Twitter Thread. Direct link to the declaration https://pacer-documents.s3.amazonaws.com/33/188450/042020648197.pdf I'll just copy paste what's in it since there's very little to add. ​ * SBF to be investigated in the course of the bankruptcy * Sam Bankman-Fried's hedge fund lent billions to... Sam Bankman-Fried (Paper Bird is his entity), so that's at least part of the answer of where the money went * FTX says the "fair value" of all the crypto (non stablecoins) that FTX international holds is a mere $659! (personal note: they do have 1$ bill in stable) * "The FTX Group did not maintain centralized control of its cash. Cash management procedural failures included the absence of an accurate list of bank accounts and account signatories" * This is mad stuff "I do not believe it appropriate for stakeholders or the Court to rely on the audited financial statements as a reliable indication" "The Debtors have been unable to prepare a complete list of who worked for the FTX Group as of the Petition Date" * "In the Bahamas, I understand that corporate funds of the FTX Group were used to purchase homes and other personal items for employees and advisors" My take - IT could be FTX just used Alameda as a cover story, quite possible these guys were not doing any trading and just stealing customer funds. Having Alameda was a good cover story for them to use the money. Also SBF is a sociopath. submitted by /u/OlivencaENossa [link] [comments] http://dlvr.it/Scwld2

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End. New line. http://dlvr.it/ScwkYR

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Insider Claims To Be Releasing Uncensored Sex Tape Between Disgraced Sam Bankman-Fried and Alameda CEO Caroline Ellison Soon http://dlvr.it/ScwkVp

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The FTX contagion: Which companies were affected by the FTX collapse? http://dlvr.it/ScwkGR

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I think that Reddit is working on a 3d metaverse, here's the article I wrote about it — Would love to hear more opinions about it. http://dlvr.it/ScwgCy

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As An FTX User, You shouldn't feel stupid that you believed in FTX. Companies with way more knowledge and resources like Blackrock and Softbank also trusted FTX.

The worst part about all of this is that SBF even had meetings CFTC and SEC officials. If it were any company you as the average person could trust, you would think it would be the CEO that meets with CFTC commisioners. SBF even met with Gary Gensler, head of the SEC only months before. Just last month, over the course of less than a week, SBF attended three major Washington events, with lawmakers, prominent bankers and financial academics who were also in attendance. I say these thing because the investors in FTX and large and involve many of the most prolific asset and hedge funds and investment banks in the world. Companies like Blackrock, Sequoia, Softbank, Tiger Global,Lightspeed Venture Partners, Paradigm. These are literally names of the biggest investment firms in the world. And all of them were suckered into FTX's game. Now think. If companies with literally the largest amount of assessing, accounting and auditing talent and resources in the world could not have determined the true nature of FTX, how could a lowly retail everyday person like you and me have any hope of doing so? This extended to sports popular culture. The Miami Heat renamed their stadium to the FTX Arena. Major League Baseball umpires uniforms uniforms with an FTX patch. Mercedes-Benz’s Formula 1 racecars had the FTX logo. They even had deals with Tom Brady and Steph Curry. The worst part about all of this is that SBF even had meetings CFTC and SEC officials. If it were any company you as the average person could trust, you would think it would be the CEO that meets with CFTC commisioners. SBF even met with Gary Gensler, head of the SEC only months before. Just last month, over the course of less than a week, SBF attended three major Washington events, with lawmakers, prominent bankers and financial academics who were also in attendence. Unless you really knew what you were looking for, I don't really think you could have known. Everything only started crashing when Alameda's assets were leaked by a Coindesk report. So don't beat yourself up too much, it isn't your fault. submitted by /u/OneThatNoseOne [link] [comments] http://dlvr.it/ScwgC3

[bydfi]

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[bydfi]

Every time Elon Musk tweets about a new Twitter feature http://dlvr.it/ScwcWY

[bydfi]

Instruction on How to Get your Tax Report Done with CoinLedger @CoinLedger📝 Check the 20% off promo code on the article! More details👇 https://t.co/7gSXfD4psf http://dlvr.it/Scwbwm

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New EU Proposal Calls Ban on Privacy Coins http://dlvr.it/ScwbQL

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El Salvador's President says they are "buying one Bitcoin everyday starting tomorrow." http://dlvr.it/ScwZNN

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Yes, that’s exactly what I do every morning http://dlvr.it/ScwYvY

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He keeps insisting his polymorphic types must be separate because he doesn't "believe in inheritance" 😭 http://dlvr.it/ScwYtg

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I created this during the meeting

submitted by /u/i_am_a_happy_man [link] [comments] http://dlvr.it/ScwYtY

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Would you be okay with your President buying 1 Bitcoin everyday using taxpayers money?

El Salvador became the first country heading towards Crypto adoption. We all appreciated the move. El Salvador's president, keeps promoting crypto and the adoption even though so many El Salvador people are against it. Currently El Salvador's investment in Bitcoin is down by $67m, losing 63% of total funds invested. The President announced today that, El Salvador will be buying 1 bitcoin a day starting today. My question to you all is, Would you be okay with such investment of your country, using the money paid by you as tax? Would you be okay with that investment going down and then not being able to use that amount for emergencies? It is such a tricky question, to which I dont know the answer to. I want Crypto to be adopted quickly. But I am not sure if I would want my country to use my money in their Crypto investment. I would be willing to take the risk for myself. But wouldn't want my country to use the funds which are necessary in other development areas of my country. What are your thoughts? submitted by /u/AffectionateMind26 [link] [comments] http://dlvr.it/ScwYtV