Thanks to @0x_bae & @CoinDesk for covering the upcoming launch of NFTures, a new product from @SynFuturesDefi that lets users hedge risk and speculate on the future prices of #NFTs.
Rachel | SynFutures
840 posts
Rachel | SynFutures
@RachelLin_SF
Co-founder and CEO of @SynFuturesDefi. TradFi to Fintech to Cefi to Defi: taking steps in the right direction.
Joined June 2021
- Thanks @thefintechtimes for having me. The distributed and decentralized creativity should be celebrated as a major strength of the crypto industry. It is a key factor supporting its continued resilience.Discussing the quirkiest #digitalcurrencies of 2022, we hear from @finimize, @SynFuturesDefi, #CardBlanch, @BadAstroSociety and @MurasakiBV thefintechtimes.com/quirky-currenc…
- Thanks @CoinDesk for including me to share views on the crypto market together with @Mastercard and @paxosglobal .Coming up on "First Mover": • @Mastercard partners with @paxosglobal to simplify payments card offerings for cryptocurrency firms with @raj_dhamodharan and @whessert • @SynFuturesDefi's Rachel Lin with a markets analysis Tune in at 9 a.m. ET on CoinDesk.TV:
- Great analysis of NFT wash trading by @hildobby_ Besides common measures, "Buyer & Seller First Funded by Same Wallet" is definitely a good filter. Looks like in 2022 we are seeing higher % of wash trades and by far the worst affected are LooksRare, X2Y2, Element and Sudoswap.Last Friday, @hildobby_ shared ground-breaking research with us 🧙♂️ He found that although wash trades are only 1.5% of all NFT trades on Ethereum They account for almost 45% ($30B+) of total trading volume 🤯 Citizen data journalism at its finest 📈 dune.com/blog/nft-wash-…
- Happy New Year everyone. Here’s the @SynFuturesDefi recap from Dec. 26th, 2022 to Jan. 1st, 2023. Let’s dive in 🧵👇
- With the upcoming ETH Shanghai Update the ETH Staking ecosystem is set to become one of the biggest narratives of Q1. This article by @cmspeary from @cmsholdings on how Ethereum staking is set to change the current state of Defi investing is worth a read
- The market is up across the board, from the price of #BTC & #ADA to interest in derivatives. Will be interesting to see how more institutional investors follow in the footsteps of @jpmorgan & @WellsFargo that are making big investments in #crypto.
- Be sure to read this thread by @officer_secret about a new variation of the "address poisoning" attack: So if you see strange airdropped tokens, don’t try to swap them or remove (TLDR: msg.sender mint scam for gas).A third variation of the "address poisoning" attack has been spotted! In short, you receive tokens which price is displayed in your UI. You then try to exchange them, but the transaction fails, and the gas goes to the scammer’s wallet. A thread 👇
- 1/2 It’s reassuring to see the #Bitcoin #hashrates recover as miners who were forced to move their mining operations get them up and running again as new miners simultanteously enter the space.
- 1/2According to @TheBlock’s Data Dashboard, #bitcoin’s #hashrate is up but still not as high as it was before the #crypto crackdown in China. theblockcrypto.com/data/on-chain-… This is to be expected. Hash rates don’t recover overnight.
- Replying to @RachelLin_SF2/2 But hash rates will continue to change, which is why @SynFuturesDefi believes giving miners a way to hedge mining difficulty now and in the future is so important.Our very own @TheBlockRes has added another useful chart into the Dashboard for real-time #Bitcoin hash rate by pools. On a YTD scale, there has been a notable market change among the pool players, esp after China's crackdown. Cont'd 👇theblockcrypto.com/data/on-chain-…
- 1/ Design of a Derivatives DEX requires higher level understanding of risk. We respect Synthetix as a pioneer but do believe better design is required to protect users and boost the market, as our partner @MattSynFutures1 pointed out.
- The demand @dydxprotocol is seeing sends a clear message: people see the huge potential in decentralized #derivatives. On that note, we have some exciting things in store at @SynFuturesDefi! Stay tuned 👀Today in founding stories: @dydxprotocol dYdX was one of the first decentralized financial products to launch on Ethereum in 2018 before DeFi was a thing
