On Nov. 12, a day after FTX filed for Chapter 11 bankruptcy protection, Musk said in a Twitter Spaces event: “To be honest, I’d never heard of him,” Musk said. “But then I got a ton of people telling me [that] he’s got, you know, huge amounts of money that he wants to invest in the Twitter deal. And I talked to him for about half an hour. And I know my bulls**t meter was redlining. It was like, this dude is bulls**t – that was my impression.”
Stablecoins Face USD Peg, Oracle Capture, and Yield Risks, Vitalik Says
Decentralized stablecoins still carry deep structural weaknesses, according to Ethereum co-founder Vitalik Buterin. He said these flaws could make them...
