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Source? Why would SBF delete his tweet claiming funds are "never invested, not even in bonds"? Lending money and buying bonds are functionally the same thing,
by siftrics 4y ago
Source?
Why would SBF delete his tweet claiming funds are "never invested, not even in bonds"?
Lending money and buying bonds are functionally the same thing, albeit there is legal nuance.
What is a "protocol CEX"? I'm assuming that's a typo.
- frupert52 4y agoI believe CEX is Centralised EXchange as opposed to DEX the Decentralised equivalent. This is just my best guess based on what I’ve learned from following this scandal so could be wrong. TLDR: FTX is not the only centralised exchange behaving in the manner being discussed (according to parent) Edited for clarity
- siftrics 4y agoI know what a CEX is and what a DEX is. The phrase "protocol CEX" is an oxymoron. "protocol" implies a set smart contracts, i.e., some semblance of decentralization. A CEX could be fully off-chain.