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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: maceng2 who wrote (196774)2/28/2023 2:55:42 AM
From: sense1 Recommendation

Recommended By
maceng2

  Respond to of 220163
 
LOL !

A "fourth time" in my life... I was adopted by a feral cat that was wandering in the vineyard some years back...

I don't know why... she just followed me home... and slowly ingratiated herself into our company... but...

She wouldn't let anyone else come near her... much less touch her...

The big dogs, Labradoodles and Shephards... were very good at keeping the deer out of the vineyard, and the coyotes out of the chickens... but, they were absolutely terrified of her... steered widely around when they were aware... and if not paying attention... learned to pay closer attention... with bloodied noses. They quickly learned to... tenuously... check every chair while shrinking away from them, before relaxing and walking past.

She was not a large cat... smaller than average sized... wiry... usually had a sour and frightening expression on her face... which might melt away when she relaxed... which she was not often inclined to do.

She had survived around the place for years outdoors... in a neighborhood with open space, eagles, and a coyote den just past the vineyard... and she had the scars and the temperament to prove her survival was no fluke... but the result of a package of attitude the sort of which I'd only seen once before... in a wolverine I ran across in the woods...

She'd sit in my lap... get up and wander off... come back a minute or two later with a fresh killed rabbit that she intended to enjoy casually crunching on after regaining her perch...

We understood each other... got along... but I had never named her.

Sitting out in the shade of a tree one summer afternoon, when a friend stopped by. He narrowly avoided serious injury when approaching me too quickly with her dozing in my lap...

And that's how she became "Snakebite"...



To: maceng2 who wrote (196774)3/3/2023 4:16:13 AM
From: TobagoJack1 Recommendation

Recommended By
maceng2

  Read Replies (2) | Respond to of 220163
 
Silvergate bank sinking, might disappear, and given so, best to soonest like right now when you get message to exchange all cash for favourite cryptos and withdraw to own wallet

do not risk by trying to withdraw cash

I swapped funds just sent to Silvergate a few days ago for Coinlist a/c into CSPR and withdrew all assets from Coinlist a/k/a preparing for splash-damage w/o prisoners taken

Run fast, far away, and hide well ... do not dawdle ... refrain from thinking ... splash damage might be deep and with wide spherical diameter w/ big kaboom



finance.yahoo.com

Silvergate Exodus Worsens After Bank Questions Its Own Survival
Fri, March 3, 2023 at 5:06 AM GMT+8


Silvergate Exodus Worsens After Bank Questions Its Own Survival

(Bloomberg) -- Silvergate Capital Corp.’s woes deepened on Thursday, a day after the bank raised questions about whether it can stay in business, with the shares plummeting to a record low and key partners cutting off ties to the crypto-friendly bank.

The bank set off alarms with a filing Wednesday that said losses might leave Silvergate with less capital than it needs, and that it’s evaluating its ability to continue as a going concern.

Investors and business partners headed for the exits, with the stock slumping 58%, its biggest drop ever, to a record low. Meanwhile, Coinbase Global Inc., Galaxy Digital Holdings Ltd., Paxos Trust Co. and other crypto firms decided to stop accepting or initiating payments through Silvergate. The exodus threatens the bank’s key source of deposits and a platform for crypto participants to transfer money among one other.

“In light of recent developments & out of an abundance of caution, Coinbase is no longer accepting or initiating payments to or from Silvergate,” Coinbase said on Twitter. “Coinbase will be facilitating institutional client cash transactions with our other banking partners.”

Galaxy Digital, the crypto financial services firm founded by Michael Novogratz, said it continues to have no material exposure to Silvergate. The company took the action “to ensure client and firm assets are secure as part of our vigorous risk-management process,” its spokesperson said in an email.

Paxos issued a similar statement, and Gemini Trust Co., Crypto.com and Cboe Clear Digital LLC are all suspending transfers with Silvergate as well. Circle Internet Financial Ltd. said it’s “unwinding certain services” with Silvergate.



To: maceng2 who wrote (196774)3/3/2023 4:27:36 AM
From: TobagoJack1 Recommendation

Recommended By
maceng2

  Read Replies (1) | Respond to of 220163
 
OTOH, the mooch is in-in

skybridge-al-maskari-holding-partner-with-blockchain-firm-casper-labs

SkyBridge, Al Maskari Holding Partner With Blockchain Firm Casper Labs

Casper, which provides enterprise-grade blockchain services, also recently announced a tie-up with Google Cloud.

Updated Mar 2, 2023 at 11:52 p.m.

Anthony Scaramucci (Danny Nelson/CoinDesk)

SkyBridge Capital, the Anthony Scaramucci-led global investment firm, and the Al Maskari family's holding company said they will provide strategic support – including business development, investor relations and marketing services – to Casper Labs, a blockchain software company focused on enterprise and government.

SkyBridge Capital, which had ties to now-bankrupt crypto exchange FTX, is acquiring warrants to become a shareholder in Casper Labs, whose native CSPR token has dropped to to 4 cents from May 2021's all-time high of $1.33.

“Casper is pretty unique, because they’re providing an enterprise software decentralization model,” Scaramucci told CoinDesk in an interview. “We think that it’s not just for financial services, but could be used across the whole spectrum, including cloud computing.”

Casper Labs is adding big-name partners during a particularly harsh crypto winter, which saw venture capital and other investments in the industry drop 91% year on year in January, though the backing of infrastructure projects remained relatively strong.

Enterprise-grade technology

Casper Labs built a layer 1 blockchain that’s meant to scale to meet the operational needs of businesses and governments, providing transaction transparency that can help boost revenue at a relatively low cost.

“Every design decision we’ve made is for enterprise and government usage,” co-founder and CEO Mrinal Manohar told CoinDesk. “If you think about most blockchains, the way they’ve been built is to almost create a shadow economy in the sense that if an enterprise or a government wanted to use that technology, it would mandate almost a full teardown of their existing tech infrastructure.”

Manohar said Casper's blockchain can work with a company's existing tech stack. He also noted that Casper Labs also offers upgradeable smart contracts, which gives clients the ability to iron out bugs and make changes for the future.

Casper Labs is no stranger to headline-grabbing partnerships and is fresh off of an announcement with Google Cloud. The new partnerships bring useful connections, with Manohar noting that Scaramucci “has one of the most impressive Rolodexs out there.” The Al Maskari family has a deep network of contacts in the United Arab Emirates, a region that turned bullish on blockchain technology fairly early.

“If we get this right, people will start adapting this protocol – it will become an industry standard,” said Scaramucci.

Building during crypto winter

SkyBridge is still making investments in crypto technologies despite taking a hit from a market slump and the FTX collapse. The crypto exchange took a 30% equity stake in SkyBridge months before FTX’s liquidity problem was unveiled in a CoinDesk report and the exchange filed for bankruptcy. Scaramucci told CNBC earlier this year that SkyBridge can buy back FTX’s stake this year.

SkyBridge is starting to show signs of recovery, Scaramucci told CoinDesk, noting that the Opportunity Zone REIT fund has climbed more than 38% this year, and the core Multi-Adviser Hedge Fund Portfolio product has rallied 6%.

“We made a significant pivot in 2020. There’s some irony there because we looked like absolute geniuses at the end of 2021. And that was being lauded by clients, thanking us for pulling them into the future,” said Scaramucci. “And then, of course, by the end of 2022 we were being pilloried by the very same clients saying to us, ‘Oh my God, you guys don’t know what you’re doing.’”

“Neither of those things are true. We're not the geniuses that we looked like in 2021, and we're not the dunces that we looked like at the end of 2022. I think it's somewhere in the middle.”

UPDATE (March 2, 2023 13:46 UTC): Adds clarifying details to the seventh paragraph that Casper's blockchain works with a company's existing tech stack.