Never give a girl a second chance if she does any of these 4 things. No matter how much you love her, leave her if she:

Insane how far defi has come so quickly 🤯 Maker Compound Uniswap launches in 2018 feel like the true start of the movement ( others like 0x, augur, etc) The word DeFi didn't even exist before then Now government agencies publicly recognize it as a national priority

In the Triton 🔱 $125K Main Event, @aertspx enjoys two pair on the river 🎉. But with a straight-completing card, is it a blessing or a curse?

🇧🇪 @aertspx claims his second Triton title after an intense, drawn-out heads-up battle against @MichaelSoyza in Event #6 $100K NLH, earning $2,234,587. A well-fought victory that solidifies his standing in the high-stakes arena. @wpt_global @GTOWizard @_Jacobandco #BetACR

On the final table bubble of the 50k, @ikepoker goes for the overbet river bluff in a passive line vs a slow played jacks that didn't three bet preflop. @aertspx Remember to hit that follow button to get all the poker action as we post the best highlights every day!

🔶[28.Mar.2024] Crypto Traders Club - Arkadiko Protocol🔶 🎙️ hosted by @martypartymusic Today’s guests are @philiphacks and @aertspx, co-founders or, as they like to say, key contributors of @ArkadikoFinance. Philip originally dismissed Bitcoin the first few times it crossed his life path. The talk around it was always about the price, and that put him off. One day, in the first parabolic run all the way to a 4-figure BTC, he finally decided to jump in. Arkadiko was the first ever DeFi protocol on Stacks. “We started building on Stacks and we never looked back.” After launching close to the peak of 2021, things went down from there, but the Arkadiko community stuck together and contributed to a project that is now in its 2.0 iteration, which marks a pivotal change for the project. Philip: “What Arkadiko allows you to do is to put your BTC into a smart contract and borrow stablecoin against it. As simple as that. The stable coin is called USDA. Our goal is to build the deepest and most liquid market on the flourishing DeFi BTC scene.” Philip: “The incoming Nakamoto upgrade on Stacks is going to open us up to a whole a new world. sBTC will change the way we think about BTC liquidity.” The aforementioned 2.0 version of Arkadiko entailed a whole re-write of many parts of the protocol. The possibilities that it opens up are many. Pieter: “Redemptions are introduced in 2.0. One of the problems of overcollateralized stablecoins is that there is no mechanism in place to keep them pegged at $1. Now, redemptions, give users the chance to arbitrage the peg by themselves. There is a hard peg coded, of course, but the psychological effect of the potential arbitrage is, in our view, an important factor that layers on top of it.” The current rate of collateralization of sBTC is about 50%. If you deposit $10k, you can borrow $5k on stables. The sBTC liquidity is direct BTC liquidity, so its potential has quite a lot of headroom. Pieter: “We always wanted to be more creative with Arkadiko, from the beginning. So when it comes to the governance token, we took the approach that we felt suited the protocol best, instead of following conventions.” Philip: “The ethos of Arkadiko is community-driven building with long-term sustainability. The governance token will change, but always along these lines. Revenue share, buyback and burn… we’ll see what the case will be. The market is speculative in nature, and this is something we cannot ignore. We certainly are not interested in pump and dump mechanics.” Philip: “We want our token, $DIKO, to attract fundamental investors. People don’t buy into Arkadiko because they think it’s the new Dog wif hat.” When talking about the future, Philip and Pieter went over some interesting points. They are clearly focused on the technical aspect of their protocol, and they acknowledge that they are limited by the liquidity available inside the Stacks ecosystem. They have high hopes that the Nakamoto upgrade that Stacks has coming will change this for good. In the short to mid term, they are putting effort into bringing USDC to BTC DeFi. When asked about going multichain, Philip quickly dismissed the proposition. Arkadiko is committed to building a circular economy in Stacks. Philip went as far as to say that most projects fail when going multichain, unless said project is, for instance, a wallet, which inherently benefits from the multichain approach. The conversation highlights the importance of culture and principle within the Arkadiko community. It is clear that Philip, Pieter and many other contributors know what they want and take the necessary steps to make it happen. Marty: “Do you guys have a specific marketing angle to attract that juicy BTC liquidity into Arkadiko?” Philip: “Most BTC holders, and as we know there are many, they ignore the echo chamber of Twitter/X. For most of them it’s just a store of value. So we approach it from the point of view of education. Yes, you hold BTC and that makes you a Bitcoiner, in our eyes. However, you have the possibility of taking a step further and put that BTC to work without parting ways with it. The concept of a BTC-backed stablecoin will open people’s minds. That’s our aim.” The conversation ensued around topics such as Stacks’ registration as a security, the consensus mechanism of Stacks and how the future will shape around these. Keep in mind that these recaps are but a taste of these in depth conversations. The only way available to get all the alpha is to tune in to the Crypto Traders Club and listen carefully. High quality content in an informal setup, without the boring bits and open to anyone who has anything of value to say. Thanks go out to @jksats for putting this chat together, to Marty for hosting it as always, and especially to Philip and Pieter for clearly and explicitly laying out for us all at the Crypto Traders Club what Arkadiko Protocol is and what it aims to achieve. ___________________________________ The usual shout out to the community of brainiac degens: @__ZWorld @AngelSkinny216 @Underrated_Dom @bitsofwealth @westclintwood @EscapedWagie @JuieWalls @TheQuestionMa13 @lecky_sol @BrieBrieKrista @web3sly @roger_cerqua @x1618033988749 @N_F_T_Me @lemers @angelocass @marys_palette @jbobinks @LePauzEB @jillsuniverse @genxtraders @jJnbradders & more

Some thoughts on the Binance settlement, with the preamble that I think companies that don’t like certain laws should still comply with them while campaigning for change. One interpretation of the government’s suit and the resulting mammoth settlement is that by refusing to implement compliance schemes like AML & CFT, Binance failed to stop money laundering and the financing of terrorism. The problem with this interpretation is that vast sums of illicit flows still move through the companies who do comply. Banks, brokers and other types of (mostly non-crypto) intermediaries are the preferred route for tax and sanctions evaders, to the tune of over a trillion dollars a year. A more accurate interpretation is that Binance refused to participate in the pretense of stopping illicit finance. They didn’t kick out the occasional bad actor or file endless suspicious activity reports. In other words, they didn’t play the game, didn’t pay their annual tithe to the AML-Industrial Complex (a cushy landing spot for ex officials) and didn’t kiss the ring, as it were. You could see the Kabuki aspect of all this in the joint press conference held by various Important Government Officials yesterday. If you didn’t know the context and watched the whole thing on mute you’d think the Feds just brought down a major drug cartel or rounded up the remnants of ISIS, as opposed to finally extracting their pound of flesh from the preferred trading venue for Dogecoin. This settlement was so important that it warranted an appearance by the Secretary of the Treasury, but not important enough for her to know how to pronounce the company’s name. Also telling: most of the Tough Talk from the People in Suits was about the procedures Binance refused to follow, and notably NOT about the terrorism that Binance enabled. The same goes for the unsealed settlement docs, full of shocking (not really) revelations like the time some dude in Washington traded $1400 worth of some coin with some dude in Iran. This from the same administration that released $10b to the Iranian government a week ago. People who sincerely believe that crypto is some unique enabler of bad people doing bad things don’t understand how the rest of the financial system actually works. One of the biggest banks in America still operates a division in Russia, and many of the world’s worst tyrants use America as their piggy bank. But that’s all considered OK because someobody did the paperwork. Binance was wrong to lie to its customers and wrong for not being compliant. But that doesn’t mean it’s a bad company. Spend five minutes googling “banks facilitating money laundering” and you’ll find that financial firms with household names have been caught doing far worse things involving orders of magnitude more money, yet suffered much milder consequences. If they’d been held to the Binance Standard there’d be hundreds of managing directors in jail and less money for shareholder buybacks (or lobbying). But the bankers were smart enough to never question the game. Unlike FTX—a company whose psychopathic leader was beloved by half the people in that press conference not that long ago—Binance didn’t abscond with user money. It did a reasonably decent job of onboarding tens of millions of poor, brown, and otherwise underprivileged people into the financial system, something the world’s compliant financial firms have chronically failed to do (which is OK—it’s not considered redlining when the AML department holds the pen). Binance's net contribution to a more inclusive financial system is something to be commended. What remains to be seen is if firms like that can keep serving underserved populations now that they too have agreed to play the game, and do the paperwork.

Hip Hip Hooray! 🎆 It's our 2nd birthday 🥳 Millions of dollars in self-repaying loans have been issued! Can you believe that?! Thank you all for your continued support! Here's a little sneak peak for what's in store next year👇

.@CryptoHayes is the only crypto writer outside of @placeholdervc that I read every time he writes—not only is he entertaining, he’s on point: cryptohayes.medium.com/kaise…

🔁 Arkadiko 2023 Roadmap Continuously innovating and expanding... Here's what's on the menu for this year - get ready for some Bitcoin action 🐳🫡 🧵 Read on

The Biden Admin is quietly executing a highly coordinated plan, across virtually every financial regulator, to strangle the crypto industry by cutting it off from the banking sector. @nic_carter explains in an explosive guest post — piratewires.com/p/crypto-cho…

🚨 𝐑𝐞𝐚𝐝𝐲 𝐭𝐨 𝐥𝐞𝐚𝐫𝐧 𝐚𝐛𝐨𝐮𝐭 𝐃𝐞𝐅𝐢? 🚨 We've just published a new blog post on our website. 🚀 This 𝐝𝐞𝐞𝐩 𝐝𝐢𝐯𝐞 is a must-read to gain a deeper understanding of the origins and evolution of DeFi and its current state. everbloom.finance/blog

USDA<>xUSD Stableswap... Now available at @ALEXLabBTC Testnet Try today👇 app.testnet.alexlab.co/swap @ArkadikoFinance @WrappedFi

Looking forward to the lecture of tomorrow on financial technology. Will cover everything from #crypto, #FTX, to #NFTs. With a (recorded) interview of @aertspx on his journey in the crypto world.

Wed Oct 5th 4pm New York Join the @Stacks and @ArkadikoFinance community discussion of Arkadiko's $DIKO and $USDA tokenomics with core contributor @aertspx x.com/i/spaces/1OyKAVmOXdMGb

Needless to say, neither side should annoy each other. BTC and ETH have 100x more in common with each other than the existing systems and should be happy for each other to succeed. Each have taken their bet, it is now time to build adoption, the only thing that matters.

Congratulations to 🇧🇪 Pieter Aerts, our winner of Event 3 at the Triton SHR Series in North Cyprus! Outlasting 117 players in the USD 50,000 NLH 6-Handed event, he takes home a cool USD 1,472,000 💰 in his first 🔱 Triton Series. . @GGPoker @secretlabchairs #TritonPoker

I want to say something obvious for my fringe followers who follow crypto loosely As an industry, I think we’ve pretty much accepted that in the heart of our industry sat a giant Ponzi CeFi yields were inflated because their yields were downstream of a DeFi ponzi growth hack

Thanks for the shout-out Dan, and congratulations on this move! Great things in store for Bitcoin, Stacks and Trust Machines ✨

11/ @Stacks Summary: Smart contract layer on top of Bitcoin with the ability to create smart contracts that work on Stacks and BTC simultaneously (where you only have to interact with the BTC blockchain) Companies working on it: - @ArkadikoFinance - @consoledao - @ZestProtocol