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Muyao
@MuyaoShen
magic money on the Internet @crypto via @business | tweets are my own and mostly about food | mshen118 (at) bloomberg dot net
943 Following    11.5K Followers
Yi He, Binance's co-founder and co-ceo, was at home in Abu Dhabi when she first noticed something wrong. She, months into her pregnancy, had logged off work and was scrolling through X before going to bed around 12:30 a.m. in Abu Dhabi, 4:30 p.m. in New York. Soon, she and hundreds of Binance employees would stay up all night dealing with the biggest crypto hack in history. More details behind the scene from our great team work @business
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NEW: Jump, DRW are committing traders and capital to the emerging compute market, just as how they were betting on other markets during their early days such as digital assets
Jeff Yan is on Odd Lots - in his conversation w @tracyalloway and @TheStalwart , he makes a case on a question about how Hyperliquid can be regulated in the US
A few weeks after @jerallaire said the industry is leaving its wild west history behind, a new platform @papertrade_xyz said it will offer up to 1,000x leverage. @izebel_eth chatted w me briefly on why leverage and speculation still matter
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insert a "we are so back" meme here
SCOOP: Hyperliquid Labs is in talks with Payward, Kraken’s parent company, to bring Hyperliquid’s crypto perps to the US. A fun collab with @nicola_m_white @antoniabmassa @ElleBeyoud
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When the US and Israel struck Iran on a Saturday, every major oil market was closed. But on a crypto venue run by about a dozen people, traders, mostly non oil traders, spent the weekend putting a number on the war. By Monday, they'd already priced it. From commodity desks to investment bankers, more people are checking a venue most of Wall Street couldn't name a year ago. The name is @tradexyz - the largest HIP-3 market operator on @HyperliquidX - a platform president Trump said regulators are working to bring to the US. Glad to help with this one w @RyanJamesWeeks @spepechen - along with many other colleagues!
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Late (in NYC) but a new story from me: @tradexyz started offering pre-IPO perps tied CXMT, China’s SK Hynix. Not surprised given the demand, but interesting and new product done by crypto - something we haven’t seen in the space for a bit
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