miohtama
Joined 15 years ago
Joined 15 years ago
Funds have been already allocated for recovery by the CEO Richard Teng.
https://x.com/videolan/status/2116229135919919278?a=5Ua5pSOr...
Binance wallet 16 came online in 2021.
Why to wait 5 years to attack.
Binance has equity and cash flow cover this, outside the insurance fund.
They custody $150B.
FTX was larger in dollar terms and ecosystem was smaller back in a day.
Google acquired it from Upstartle (the company behind the online word processor Writely).
Writely was created in 2005 by Claudia Carpenter, Steve Newman, and Sam Schillace. Google bought Upstartle in 2006 and Writely became the foundation of Google Docs. Google then combined it with other acquisitions, such as 2Web Technologies for spreadsheets, and launched Google Docs & Spreadsheets in October 2006.
So we should ask “why would it be different this time.”
https://x.com/hongguabg/status/2114213232454082869?s=20
We have some flexibility with freedom left, and let’s keep it that way.
What the news is about is "environmental impact study".
Google cut 200 hectares, the requirement for environmental study was 150. It’s likely many Finnish companies exceeds the same threshold everyday without questions.
https://twitter.com/moo9000