Crypto people, we LOVE YOU!!! Luff, luff LUFF!!! When we say LOVE y'all best believe we mean love, L-U-V!!!! 

Thanks so much for being here and thanks to the metaphysical genius that IS the Publish0x for bringing us together on this long climb to separate church from state from FIAT!!

Changing the fabric of crypto in the FT one rainbow click at a TIME, ARMY!! Y'all have done your mitzvah for the day just by BEING here!! Thanking you. 

Today in the critical information firehose that is the FT: 

Crypto that dare not say crypto:  Massive Italian bank MPS has lost maybe 20 billion in bailouts over the last 15 years. Destroying even more market cap.  Now they are getting still MOAR bailouts, what could go wrong?? but supposedly now they will actually go private.  We doubt it but lovely graphs huh!!! 

TradFi corruption watch!! Dear readers know we ADORE the story of Wirecard, where Markus and Jan stole two or more BILLION, destroying 24 billion in market cap!! Hey those are SAMMY size numbers, those make Alex the machine's  look like ROOKIE numbers!!

Hilarity ensued when the impossible to overpraise FT intrepid report blew the whistle!! & the German auth thor reet tays in the form of BaFin came CRASHING DOWN !!! ON THE WRONG SIDE AH HA HA!!! Fighting FOR the criminals, trying to arrest the reporters!!  Plus walls of spam bots,  doxing,  death threats, the lot.  But truth & justice seem to be prevailing!! Fearless leader Markus is in the courtroom, having aged 20 years in 2.  Markus's trusty #2, Marsalek, is ON THE LAM!!!! German cops say in Russia and not comin back no more.  Markie IS still styling that Steve Jobs / Theraonos / Felonius Gru turtleneck look, huh!!! TLDR: yes, separated at birth, Gru just needs the rimless glasses and a bit more dandruff ar ar ar

The REAL story:  Jan on the lam puts him on the scoreboard in the  Kyle & Su class, pretty funny. WTH, Interpol?? 

OK moving along!!  Chat AI is in the FT today!! Late breaking reading music for the FT: we were on the chat with openai.com & this is one of THEIR top ten punk rock love songs, we have to agree, we just always relied on girls to play this one  lol

Here's a story the FT says is crypto - it is NOT, but it is negative, so they want to associate crypto with it.  Dear readers will remember our laughing at how all the OTHER SPAC stories say SPACs are bad, but in the crypto/spac stories, it's all CRYPTO's fault. 

It's funny, this time it is all SPAC's fault and there is NO CRYPTO in the story!!! TLDR:  really, the only crypto in the whole article is miners Core Sci were a SPAC.  And dear readers know CEX's dumping money into MINERS hoping they were gonna make 10% or better on a dead end last man standing efficiencies of scale biz was ALWAYS a highwater mark of pure madness.  The REAL story:  Of course the FT will pretend it's crypto's fault, it's not. 

The REAL horrorshow annual report time comes from the BIS, who YESTERDAY announced there is eighty billion of FX debt sloshing around somewhere - like in Dutch pension funds and Japanese insurers - ya know, people who where NEVER supposed to be doing ANYTHING like that.   But even the FT could not figure out how to hang THAT one on crypto. 

They DO try to tie the global FSB's latest report to crypto tho but that's very weak:TLDR: Even the FSB admits the risk of bailouts and runaway inflation are the worst for clearing houses (??? really??) and insurers ( as seen above and previously.)   The REAL story;  it's a negative story so the FT has to tie crypto in there anyway they can.  Looks like the regs have been doing a crap job with tradfi.  Why not encourage them to mess up the crypto stablecoin market?? 

NEXT online!! We MISSED this one!! TLDR: Genesis Block sounds good, but it has NOTHING to do with Genesis the real company, just a startup part funded by Sammy.  The story rehashes the good times back in HK, with clients bringing bags of money for crypto.  Genesis Block is still running, and staying distant from FTX. 

NEXT online: Amber is crashing and burning.  Not surprising, since they lost coin to FTX AND their founder and lead trader died suddenly. TLDR:  It's just not the end of the world.  Some shaky news where laid off employees were not paid.  It's funny, some folks in China claim on Linked IN that they work for Amber, but of course crypto is illegal in China, Amber denies them. There's a parable, still dunno what it means. 

NEXT online: Maxine already SAID she is not EVEN going to subpoena Sammy, her kissy kiss million dollar donation bestie.  But since she is supposed to investigate him, why not do a media event? TLDR: groundhog day as Sammy's carefully crafted lies and PR campaign continues.   Rehash, with maybe new lies from Sammy.  One new dev - Binance released one of Sammy's direct threats against CZ, it is aging badly The REAL story:  ar ar ar !! WTF Sammy?  Whaddya gonna do, Sammy - GUM CZ to death? ararOOOO! 

Finally, the cryptofinancenewsletter pantomime rehash, let's do it!! TLDR: Rehash Circle not IPOing.  Don't mention self-censorship, or cheezy SPACs!!  Mention Bullish Global's - dunno why, they are still running with THEIR SPAC!  Make fun of Bakkt, dear readers know we don't care about Bakkt's 15% layoffs.  Make fun of Coinbase.  Give a laughable quote to Circle CSO, who suddenly doesn't care about passing USDT in market share.  Yeah, not since you LOST ten billion in market share from self censoring!! and a REAL reporter woulda ASKED you TOO!!!  Have an FU. Judges disagree, but we stand firm on general principle. 

Rehash Sammy's hearings, Taylor Swift and Sammy NOT hooking up, Amber stuttering, FTX happy Sammy wig wearing days.  Rehash regs calling for reghammering. 

A BIT of actual news, a hedge fund Fir Tree is suing Greyscale over rumors of shady biz at the trust. Thank you!! 

Gary Gensler talks tough about FTX.  That's funny, thought he only cracked down on Kimmy K, even tho she SAID hashtag AD!!! TLDR:  Total BS.  None of these laws apply to the Caymans.  No CHIT, Gary, no regulated public company is allowed to co-mingle client and firm funds, yer just talking meaningless bs.  We do note that  Gary and the gang never did quite get around to  prosecuting  ex-Governor Jon Corzine for stealing client funds out to gamble & lose, crashing the venerable MF Global. 

OK we are crabby and bored, imagine how Y'ALL feel!! But hark, here is an actual cool story:  TLDR: market cap seems like the main thing, but it can be played by various means.  Conor at Kaiko tells us the REAL most liquid tokens, by volume and by depth of the order book.  TLDR: who knows if Conor is right,  how could BNB be less liquid than LINK!!?? but it's a cool analysis!!  We note how MATIC and LTC look good by order book.   Two thank yous!! 

And that's it today folks, we are UP TO DATE!! YAY!! 

cuz we love y'all.  Take amazing care of yourselves, we need you!! 

Peace out, 

love

Dave 

ps please refer a friend: ambassador link: https://www.publish0x.com?a=WZdPKv2bKg

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