Elliot Banks

Mar
09

Exchange Invest 2605: $7.2mln For Eris

How ironic, it took the crypto kiddies years to get a bank onside and then they all rushed for the exits when their very own crypto bank was threatened - distributed pragmatism or distributed cowardice?
8 min read
Feb
04

Exchange Invest Weekend Edition 2577: From AI to Stealth Tax

Yet, few have questioned CEO Changpeng Zhao.” Okay that data is a few weeks old but it does raise the intriguing question of just why anybody trusts CZ and Co.
5 min read
Feb
02

BMLL Liquidity Maps: The Data Magna Carta with Dr. Elliot Banks

BMLL Chief Product Officer Dr. Elliot Banks is responsible for data science, product development and product delivery of BMLL's analytics and product suite to clients.
1 min read
Feb
02

Exchange Invest 2575: Ion Hacked

Presumably, chi chi cocktail parties for political big hitters is just so last year in the land of SBF, his parents and brother. Wonder will their NGO empire survive?
8 min read
Dec
07

Exchange Invest 2526: ASX Board Checkmate?

Jeff Sprecher was at the Goldman Sachs exchange investor conference yesterday and spoke pure unadulterated common sense. Hopefully soon the blob will catch up and stop pandering to the faux exceptionalism of the crypto crowd.
9 min read
Nov
15

Exchange Invest 2507: Balance Sheet Fiction?

Frankly shocking after seeing that balance sheet was only red-lining, my mind’s eye envisages a kind of molten white hot streak around the edges of the Afro as SBF realised his personal fortune giveaway strategy was way way ahead of perceived plan.
11 min read
Nov
14

Exchange Invest 2506: Lawyers Circling FTX

till can't help but feel he didn't mean it to happen that way but $26 billion to zero in a matter of months, $16 bln to zero in a week outpaced the worst options time decay I can recall too.
9 min read
Nov
12

Exchange Invest Weekend Edition 2505: It’s Bitcarnage!

“This is no longer just an FTX collapse, it’s going to create ongoing ripples of panic and contagion.”
5 min read
Nov
11

Exchange Invest 2504: Fashionistas Dump FTX

NB: Caroline Ellison (former Alameda co-CEO) is viral on Twitter “being comfortable with risk very important. We don’t use any stop losses. I think those aren’t a good risk management tool.”
16 min read
Nov
10

Exchange Invest 2503: FTX Missing 32X CCP Funds

While the Feds are investigating FTX, will SBF dollar shop Afro and all be in an orange jumpsuit soon or will his political donations keep him at liberty?
11 min read
Nov
09

Exchange Invest 2502: FTX Sellout

The proposed Binance-FTX deal will enable/entail a fair bit of DD and that will somewhere along the line likely shake CZ’s resolve in some way as whatever was the problem in recent days has not gone away and it is not clear Binance has unlimited resources either.
16 min read
Nov
08

Exchange Invest 2501: Bitcarnage Continues

FTX claims everything is cushty - in which case why is their PR so lousy at getting ahead of the crisis?
7 min read
Nov
07

Exchange Invest 2500: Is FTX In Trouble?

Certainly, everything around the business is now up in the air and moreover, this is going to be another test of crypto kiddie PR where… our money is on the incumbent failing - at least the PR test - as they are already well behind the narrative.
11 min read
Nov
05

Exchange Invest Weekend Edition 2499: Rotten Money, Hot Commodities

Diverse tales: Money Is Rotting…from hairstylist to crypto millionaire trader, Twitter, Metaverse, Lithium, Li Qiang, Bitcoin Mining…
7 min read
Nov
04

Exchange Invest 2498: Euronext Confirm Italo-Centric CCP

Some excellent results including a 4th consecutive beat from 4 in the past year by ICE while admittedly Coinbase improved but still lost eye popping amounts of money.
8 min read