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@Protos "💥 XX% COLLAPSE David Bailey's Nakamoto $NAKA billed as the "treasury of treasury companies" has imploded. The stock is down XX% since its May debut falling from $XXXXX to under $X 🧵"
X Link @Protos 2025-10-09T13:54Z 18K followers, 3930 engagements

"This isn't Sun's only tokenized $BTC game. His exchange Poloniex has its own version on TRON with 17545 BTC175x larger than both WBTC versions combined. The catch It's never completed a proof-of-reserves audit and its collateral is a mystery"
X Link @Protos 2025-10-09T12:06Z 18K followers, XXX engagements

"😵💫 TWO USDDS ONE BIG MESS Justin Suns $USDD advertises XX% yields but: - has systematically dismantled its DAO - abandoned its roadmap - created perilously concentrated holdings that raise massive red flags Heres what else we discovered 🧵"
X Link @Protos 2025-09-25T15:33Z 18K followers, 1705 engagements

"💨 PREMIUM EVAPORATES Strategy's $MSTR premium over its $BTC holdings has collapsed to a 19-month low. The multiple-to-net-asset-value mNAV is just 1.21x a drastic drop from 3.4x last November signaling waning investor optimism in @saylors playbook 🧵"
X Link @Protos 2025-10-08T11:58Z 18K followers, 2140 engagements

"🤞 TRUST ME THIS TIME Zac Prince who led BlockFi to bankruptcy and lost billions in customer funds is back with Galaxy One's X% APY yield product. The man who made reckless loans to FTX and 3AC now promises his risk management is "night and day" different 🧵"
X Link @Protos 2025-10-07T19:16Z 18K followers, 3311 engagements

"Its in the fine print. BlackRocks $87B $IBIT prospectus states the Sponsor shall determine which network shall constitute the Bitcoin network. They dont even have to pick the most valuable fork upending the long-held belief in market supremacy"
X Link @Protos 2025-10-10T19:07Z 18K followers, XXX engagements

"🫠 THE RELAUNCH THAT WASN'T Justin Sun-advised $WBTC has "relaunched" on TRON but the new version has zero adoption and a total supply of zero. Meanwhile the old abandoned WBTC contract still holds nearly XXX WBTC raising questions about the chaotic transition 🧵"
X Link @Protos 2025-10-09T12:06Z 18K followers, 2012 engagements

"🫣 NOTHING TO SEE HERE Wintermutes official post-mortem of Fridays $600B crash is a masterclass in omission. The market maker claimed business as usual while ignoring the XXXX% flash crashes and the hour-long $USDe depeg that defined the chaos 🧵"
X Link @Protos 2025-10-14T17:53Z 18K followers, 4256 engagements

"If Bitcoin forks spot ETFs could choose the winner"
X Link @Protos 2025-10-10T18:20Z 18K followers, 2323 engagements

"Despite hundreds of millions of dollars worth of @Strategy purchases by institutional wealth managers overseeing trillions of dollars $MSTR common stock is languishing XX% below its 52-week high. ⚠ This quarter MSTR has lost $8B in market cap despite impressive inflows 🧵"
X Link @Protos 2025-09-24T19:21Z 18K followers, 1942 engagements

"🥇 Justin Sun wins his fifth consecutive election as Liberland prime minister through the micronations blockchain-based voting system. The controversial crypto billionaire staked XXX million $LLM tokens and scored XXX points - more than double his nearest competitor. 🧵"
X Link @Protos 2025-10-02T19:49Z 18K followers, 2503 engagements

"CZ waded in with an unpopular opinion telling projects not to pay if theyre strong enough. But the damage was done. The controversy has turned public opinion against the exchange and provided a massive opening for rivals like Hyperliquid"
X Link @Protos 2025-10-15T17:10Z 18K followers, XXX engagements

"The problem was Binance's own design. While USDe held steady on-chain with minimal deviation Binance used its internal spot price as an oracle. As liquidations triggered the price fell further creating a death spiral that existed only on Binance"
X Link @Protos 2025-10-14T14:26Z 18K followers, XXX engagements

"Hyperliquid vs Binance drama unfolds in real-time"
X Link @Protos 2025-10-13T17:57Z 18K followers, 2584 engagements

"Binance's weekend was a disaster beyond the wallet glitch. Three Binance Earn assets depegged during the chaos forcing the exchange to pay out $XXX million in compensation to affected users. The platform's infrastructure buckled under the pressure of mass liquidations"
X Link @Protos 2025-10-13T14:43Z 18K followers, XXX engagements

"Meanwhile Aave's $40B lending platform uses a hard-coded oracle that treats $USDe as equal to $USDT protecting against exactly this kind of cascading liquidation. Binance's system had no such safeguards amplifying volatility instead of dampening it"
X Link @Protos 2025-10-14T14:26Z 18K followers, XXX engagements

"👑 THE NEW BITCOIN KINGMAKER In the event of a Bitcoin hard fork it might not be miners or nodes who decide the winner. It could be @BlackRock @Fidelity or other spot ETF sponsors who have the sole discretion to choose which chain will receive their ETF inflows 🧵"
X Link @Protos 2025-10-10T19:07Z 18K followers, 11K engagements

"So much for decentralization. The WBTC DAO which supposedly governs the project hasn't seen a single transaction in over 1040 days. ⚠ It still lists bankrupt firms like Alameda Research and Three Arrows Capital as approved merchants exposing the DAO as pure theater"
X Link @Protos 2025-10-09T12:06Z 18K followers, XXX engagements

"The $283M payout covered users liquidated due to holding $USDe $BNSOL and $WBETH as collateral. Binance blamed "long-standing limit orders" and market volatility but the real culprit was clear: a poorly designed oracle that turned a market crash into a catastrophe"
X Link @Protos 2025-10-14T14:26Z 18K followers, XXX engagements

"Polymarket traders accused of insider trading Nobel Peace Prize"
X Link @Protos 2025-10-10T13:44Z 18K followers, 4780 engagements

"The premium vanished. $NAKA's multiple-to-net-asset-value (mNAV) peaked at a staggering 23x and has now collapsed to below 0.93x. Retail investors were crushed buying at $XXXXX while privileged PIPE investors got in at just $XXXX on the very same day"
X Link @Protos 2025-10-09T13:54Z 18K followers, XXX engagements

"The K9 team has since responded to the hacker's upping of the ante doubling down on their initial offer. A separate bounty offer has come in from the $SHIB team offering XX $ETH for the return of XX other tokens stolen in the attack"
X Link @Protos 2025-09-18T09:27Z 18K followers, XXX engagements

"🚨.@jito_labs and two executives are being dropped from @BurwickLaw's Pump Fun lawsuit "without prejudice" after an agreement was reached following the leak of 5000 chat logs. Settlement comes as whistleblower evidence reveals coordination between @solanalabs & @pumpdotfun.🧵"
X Link @Protos 2025-09-29T15:37Z 18K followers, 1837 engagements

"🥴 THE PARTY'S OVER Traders are blaming Binance founder CZ for single-handedly nuking the $BNB memecoin season. His announcement of a new launchpad "Meme Rush" was seen as a betrayal of the fair launch ethos triggering a massive sell-off across the ecosystem 🧵"
X Link @Protos 2025-10-09T21:20Z 18K followers, 6401 engagements

"The report claims peak losses of 60-80% a carefully crafted average that uses data from other exchanges to soften the XXXX% implosion of tokens like Cosmos and Ravencoin on Binance. A classic case of picking rosy data to paint a pretty picture"
X Link @Protos 2025-10-14T17:53Z 18K followers, XXX engagements

"🪫$0 SOLD Michael Saylor's @Strategy set up a $4.2B at-the-market (ATM) offering for its STRC shares but hasn't sold a single one since July. Despite @saylor comparing demand for $STRC as that for a "high yield bank account" the massive ATM remains completely untapped 🧵"
X Link @Protos 2025-10-06T19:15Z 18K followers, 2457 engagements

"Ethena scrambled to reassure users publishing an emergency proof-of-reserves showing USDe remained overcollateralized. The protocol even claimed to have made money during the crash. On-chain liquidity pools saw less than XX basis points of deviation"
X Link @Protos 2025-10-14T14:26Z 18K followers, XXX engagements

"Saylor plans to create $EUR $YEN $CAD and $GBP versions of $STRC calling it "jet fuel distilled from crude oil." But calling volatile preferred stock a "bank account" is misleading marketing for what's really just another risky Strategy security"
X Link @Protos 2025-09-30T13:48Z 18K followers, 1000 engagements

"Conspicuously absent from the analysis was the hour-long de-peg of Ethenas $12.5B $USDe stablecoin which plunged to $XXXX on Binance. For a major market maker to ignore the failure of a core market component in its post-mortem raises many questions"
X Link @Protos 2025-10-14T17:53Z 18K followers, XXX engagements

"Saylor's STRC: Comparing volatile stock to bank accounts. @saylor went on live TV to liken his STRC preferred stock to "a high yield bank account that yielded XX% or more." But $STRC is just a fluctuating stock that's traded between $XXXXX and $XXXXX since July. 🧵"
X Link @Protos 2025-09-30T13:48Z 18K followers, 3132 engagements

"GitHub is more than a code repository; it's where developers chat manage tasks track bugs and verify the authenticity of Bitcoin Core releases. For a project that prides itself on decentralization this is a deeply unsettling level of control held by one corporation"
X Link @Protos 2025-10-15T19:36Z 18K followers, XX engagements

"CEO Evgeny Gaevoys social media was a mix of dismissiveness and redirection. He laughed off a critic with Lmao and called stablecoin manipulation a conspiracy yet retweeted claims that Ethena got preferential treatment to save $USDe while others were liquidated"
X Link @Protos 2025-10-14T17:53Z 18K followers, XXX engagements

"Strategy hasnt sold any STRC through ATM since July"
X Link @Protos 2025-10-06T18:52Z 18K followers, 2324 engagements

"Concerns about Microsoft's power have existed since its 2018 acquisition of GitHub. While developers have floated alternatives like GitLab no migration has ever gained traction. The community's inertia has left a critical part of Bitcoin's infrastructure in Microsoft's hands"
X Link @Protos 2025-10-15T19:36Z 18K followers, XXX engagements

"Bailey's predictions were pure fantasy. He famously claimed the "floor" for $BTC was $X million a forecast that looks absurd as it sits XXX% below that imaginary line. This wishful thinking was a red flag for the terrible judgment that doomed his company"
X Link @Protos 2025-10-09T13:54Z 18K followers, XXX engagements

"The exchange also saw altcoins like $ATOM and $IOTX briefly crash to $X far more dramatically than on other platforms. This suggests either auto-liquidation issues or market makers pulling liquidity when Binance needed it most leaving users with no buying support"
X Link @Protos 2025-10-13T14:43Z 18K followers, 1274 engagements

"🤧 SELF-INFLICTED WOUND Binance's flawed oracle system turned Ethena's $USDe into a $XXXX disaster during Friday's crash costing the exchange $283M in user reimbursements. The depeg was real on Binance but nowhere else. A catastrophic infrastructure failure 🧵"
X Link @Protos 2025-10-14T14:26Z 18K followers, 1920 engagements

"Multichain founders new project Chainge has trapped users funds"
X Link @Protos 2025-05-22T18:22Z 18K followers, 2369 engagements

"The floodgates opened. The Block co-founder Mike Dudas backed up the claims saying hed seen listing proposals of the exact same nature. O Medias CEO also alleged Binance asked for $1M while ByBit took tokens plus $250K for a listing"
X Link @Protos 2025-10-15T17:10Z 18K followers, XXX engagements

"Did the US government hack a scam network for $15B in bitcoin"
X Link @Protos 2025-10-14T18:15Z 18K followers, XXX engagements