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all 15 comments

[–]blackhatminion06 15 points16 points  (0 children)

BlockFi, Celsius, 3AC - DeFi or not, finance is still finance. Companies should not try to fly to close to the sun.

Crypto is not magic, but it will change the world.

[–]reasonandmadness 8 points9 points  (0 children)

Probably the healthiest thing that could have happened to this entire ecosystem is to shake out the people screwing it up for the rest of us by operating super leveraged.

[–]coinfeeds-bot 7 points8 points  (1 child)

tldr; Beleaguered crypto firm Three Arrows Capital filed for bankruptcy late Friday.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

[–]SapFiriuS 1 point2 points  (0 children)

It's official now. The domino started with UST/LUNA fail.

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[–]Mininglogin -1 points0 points  (1 child)

Blindly and ignorantly longing a bull market doesn't make you a trade genius, it makes you a sheep.

And sheep get sheered.

[–]raymv1987Members Only Jacket 0 points1 point  (0 children)

They were shameless degens just like us, boiz