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Weekly Rundown - April 3, 2022
Read the full post: https://cryptoiseasy.substack.com/p/weekly-rundown-april-3-2022
Links mentioned:
More about WAVES:
Somebody sent a bunch of tokens to FTX from a wallet associated with the project or its team. In March, somebody started leveraging stablecoins to buy WAVES. As the price went up, this person (or persons) leveraged WAVES to mint stablecoins, which he/she/they leveraged to buy WAVES, which were then leveraged for more stablecoins to buy more WAVES. Its founder, Sasha Ivanov, suggested Alameda is behind the shenanigans. We may never know whether it’s the VCs, the team, or some whale.
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By Mark Helfman
5
22 ratings
Read the full post: https://cryptoiseasy.substack.com/p/weekly-rundown-april-3-2022
Links mentioned:
More about WAVES:
Somebody sent a bunch of tokens to FTX from a wallet associated with the project or its team. In March, somebody started leveraging stablecoins to buy WAVES. As the price went up, this person (or persons) leveraged WAVES to mint stablecoins, which he/she/they leveraged to buy WAVES, which were then leveraged for more stablecoins to buy more WAVES. Its founder, Sasha Ivanov, suggested Alameda is behind the shenanigans. We may never know whether it’s the VCs, the team, or some whale.