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Muyao

@MuyaoShen

8,982
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858
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337
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magic money on the Internet @crypto via @business | tweets are my own and mostly about food | mshen118 (at) bloomberg dot net | NO PITCHES IN DMs/TELEGRAM

Brooklyn, NY
Joined February 2012
Don't wanna be here? Send us removal request.
@MuyaoShen
Muyao
2 years
$10 billion worth of Ether staked @LidoFinance now vs. ~ $7.5 billion in ETH combined in Coinbase, Kraken and Binance (data via @nansen_ai ) This is an remarkable accomplishment for a DeFi project and why I think it's important to introduce Lido and what's behind its success
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@MuyaoShen
Muyao
5 months
Nice try, LinkedIn suggestion
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@MuyaoShen
Muyao
2 years
When Do Kwon hinted a second asset to back UST, I really thought it's going to be Ether. But after talking to both Kwon and Emin Gün Sirer, it makes a lot of sense. via @crypto
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@MuyaoShen
Muyao
3 years
Has the western world overlooked Tron's potentials? Share your thoughts with me!
@CoinDesk
CoinDesk
3 years
. @justinsuntron says Polygon's high profile overshadows Tron's explosive growth, as some DeFi projects on Tron have outperformed those on Polygon by some metrics. @MuyaoShen reports
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@MuyaoShen
Muyao
3 years
"Smart money" is trading $SHIB and I am obviously not smart enough.
@CoinDesk
CoinDesk
3 years
$SHIB briefly surpassed $DOGE in market value on Wednesday. Blockchain data shows a new force to be behind shiba's most recent price surge. @MuyaoShen reports
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@MuyaoShen
Muyao
2 years
Watching The Godfather with the one and only Al Pacino 🥹
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@MuyaoShen
Muyao
3 years
tether $USDT to Chinese yuan rate is one significant indicator to watch at the moment.
@CoinDesk
CoinDesk
3 years
Popular crypto exchange @HuobiGlobal appears to have suspended new user registration for anyone from mainland China, while U.S. dollar-pegged stablecoin tether to Chinese yuan rate fell sharply on Huobi's over-the-counter service. @MuyaoShen reports
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@MuyaoShen
Muyao
11 months
My journalist friend who covers AI told me that she’s never spent so much time on Twitter and it’s mentally exhausting. I said “welcome to an average day covering crypto.”
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@MuyaoShen
Muyao
3 years
Starting next week, I will join @crypto as a crypto and DeFi reporter. After witnessing the explosive growth in crypto, I am thrilled to work with a group of smart, self-driven and hard-working people in a brand new team within @Bloomberg ❤️‍🔥🔥It’s time to BUILD 🙃👷‍♀️
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@MuyaoShen
Muyao
11 months
NEW: The US Justice Department is seeking more than $4 billion from Binance Holdings Ltd. as part of a proposed resolution of a years-long investigation into the world’s largest cryptocurrency exchange.
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@MuyaoShen
Muyao
2 years
just learned that my former colleague @CoinDesk , Shuai, who's Chinese, was stabbed by a white person on the A train in Brooklyn. (he was the only Asian guy on the train) Still processing the information, but if you can help Shuai - a @columbiajourn grad too, please reach out!
@haobing_shuaike
Shuai Hao
2 years
Just posted a photo @ New York City, N.Y.
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@MuyaoShen
Muyao
3 years
My favorite moment at #SALTNY day one was when crypto people like @SBF_FTX were totally following crypto dress code (I felt so underdressed in jeans surrounded by suit and ties.)
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@MuyaoShen
Muyao
2 years
What a time to be a reporter covering crypto…
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@MuyaoShen
Muyao
3 months
din tai fung is finally opening in NYC next week - the only news matters (in food) at the moment
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@MuyaoShen
Muyao
3 years
This article by @lvlewitinn is so good. If you missed it during your Sunday reading time, bookmark this and dive into it when you have time. Who Bought $1.6B in Bitcoin Wednesday, and Why? via @coindesk
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@MuyaoShen
Muyao
3 years
Some personal news: very sad to say that this week will be my last week @CoinDesk , the best newsroom I’ve worked in so far. It has helped me find my passion in journalism and provided tremendous support to me. Many people at CoinDesk remain my best friends and mentors.
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@MuyaoShen
Muyao
1 year
it looks like the life sponsored by billions of dollars worth of misused customer deposits is pretty vain - check out the awesome get by @hgmiller29 of SBF before FTX collapse via @crypto
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@MuyaoShen
Muyao
3 years
Had a nice chat with @katherineykwu earlier about crypto VCs and now attending @laurashin book event! I feel good today and honestly, this space could embrace more females!
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@MuyaoShen
Muyao
2 months
Finally the start of real institutional DeFi? On the heels of the launch of ETFs that hold $ETH , Nomura’s digital-asset unit Laser Digital plans to offer a higher-yielding alternative by working with @dinero_xyz and @galaxyhq via @crypto
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@MuyaoShen
Muyao
3 years
Alpha leaks happen in crypto all the time. But as long as everyone gets rich at some point, we turn a blind eye.
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@MuyaoShen
Muyao
2 years
“I don’t if you’ve heard, there’s this massive drawdown (in crypto).” @kgreifeld has a way to make everyone laugh at #BloombergCrypto @crypto - this is also so far the spiciest panel of the day (on greenifying crypto).
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@MuyaoShen
Muyao
10 months
"crypto" section is back to the homepage of Bloomberg website 🥹 (still nine spots away from "AI" though)
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@MuyaoShen
Muyao
2 years
FINALLY!! If you wonder how exactly 3AC turned to crypto's Archegos or Long-Term Capital Management, we investigated and reported from Singapore, Dubai, to London, and New York. w @justinaknope @BenBartenstein via @crypto @BW
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@MuyaoShen
Muyao
9 months
NEW: Brevan Howard, which already has a giant crypto division, is joining other financial heavyweights to launch tokenized funds. The new tokenized fund will be built on Libre backed by @LaserDigital_ and WebN group using @0xPolygonLabs CDK via @crypto
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@MuyaoShen
Muyao
3 years
a lot of rumors around $BTC purchase by @LFG_org and we finally got @stablekwon confirmed three addresses associated with their Bitcoin purchase. It looks like they had ~$2.2B in Tether and USDC and then ~$420M LUNA. So far, they purchased more than $1B worth of Bitcoin.
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@MuyaoShen
Muyao
2 years
JUST IN: Binance and Changpeng Zhao were sued by CFTC in the US. via @crypto
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@MuyaoShen
Muyao
2 years
I had always enjoyed chatting with TT about crypto and markets. We cited him as recent as last week in a story about market liquidity post-FTX……This is very very sad news and he was so young. Rest In Peace 🕯️
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@MuyaoShen
Muyao
3 years
Interesting that people I talked to @VenusProtocol and @AlpacaFinance said they may consider building on multichains in the future.
@CoinDesk
CoinDesk
3 years
The layer 1 blockchain competition is getting ugly, as the former Ethereum alternative darling @BinanceChain sees a slowdown in its growth. @MuyaoShen reports.
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@MuyaoShen
Muyao
3 years
❗️❗️❗️❗️
@CoinDesk
CoinDesk
3 years
COUNTDOWN TO LONDON: In less than 24 hours, the London hard fork upgrade is going live on #Ethereum . It contains 5 code changes including Ethereum's fee market change dubbed EIP 1559, as well as 4 additional Ethereum Improvement Proposals. More information below ⬇️
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@MuyaoShen
Muyao
3 years
Seems like every layer 1 blockchain is attracting capital with all the free money they have, but what's the next step for them to keep their users?
@CoinDesk
CoinDesk
3 years
Layer 1 blockchain competition heats up as DeFi protocol @SushiSwap joins @avalancheavax 's $180 million incentive program. $AVAX $SUSHI @MuyaoShen reports
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@MuyaoShen
Muyao
3 years
[Crypto] money printer go quieeeet? 🤔
@CoinDesk
CoinDesk
3 years
The market cap of $USDT has suddenly stopped its rapid growth at the end of May as a "perfect storm" of China, USDC and FUD has hit the world's most valuable stablecoin. @MuyaoShen reports.
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@MuyaoShen
Muyao
2 years
So Celsius cleared out some debt! But where did the funding come from? Based on @nansen_ai @Blockanalia - some of the funding originated from FTX exchange in USDC. So who exactly helped the repayment remains unknown to public. The story is now available on @TheTerminal
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@MuyaoShen
Muyao
3 months
Stepped out of my office in nyc to take a break from crypto and this is the view I got 😩😩😩
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@MuyaoShen
Muyao
4 months
EXCLUSIVE @TheTerminal now: Bitcoin-focused startup @babylon_chain has raised $70 million in its latest funding round led by @paradigm -- it shows that at least some interest from crypto VCs are now going to the Bitcoin world (fixing typo from my previous tweet)
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@MuyaoShen
Muyao
3 years
told my parents that I was on TV talking about Bitcoin (shoutout to @Quicktake for the opportunity ❤️). Dad: “my daughter is the best.” Mom: “OK.” - not your typical Asian parents.
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@MuyaoShen
Muyao
3 years
kudos to @nikhileshde who works like the crypto market itself - 24/7 - so we can keep up with the latest development
@CoinDesk
CoinDesk
3 years
JUST IN: Republicans, Democrats and @USTreasury have found a compromise on a contentious crypto provision in the infrastructure bill, @SenToomey and @SenLummis announced. But passage of the new language is far from certain. @nikhileshde reports
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@MuyaoShen
Muyao
5 months
A couple of months ago, my editor ⁦ @crypto ⁩ asked me what KOLs mean. And one thing led to the other… here’s a story about crypto KOLs - amazing to see a phrase first popularized in China now is everywhere thanks to crypto
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@MuyaoShen
Muyao
2 years
NEW: Binance admits past flaws in maintaining the backing of its wrapped version of BUSD - an example of how hard it is to run a centralized exchange. And the better option is always to fix mistakes and improve business. with @emilyjnicolle via @crypto
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@MuyaoShen
Muyao
3 years
7PM sunset is back to NYC 🥺
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@MuyaoShen
Muyao
3 years
The real crypto buying power from Russia is meh...or let's say, not as exciting as many suggested last week. via @markets
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@MuyaoShen
Muyao
11 months
Exclusive: Singapore-based @ForesightVen has bought a majority stake in crypto media @TheBlock__ from its former CEO, who used loaned money from Alameda Research to purchase the majority stake. with @sonalibasak @s_m_i via @crypto
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@MuyaoShen
Muyao
1 year
Just hit @TheTerminal : the CEO of Bifinity UAB, Binance’s affiliate to process crypto to fiat payment, has left the firm. The largest crypto exchange today also announced that they launched new fiat partnerships to process Euro payments on Binance
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@MuyaoShen
Muyao
11 months
Jennifer Hicks, senior counter-terrorism official at Binance has left the firm via @TheTerminal
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@MuyaoShen
Muyao
3 years
This story came much later than other publications but it’s worth the wait! Special thanks to @nansen_ai for helping me track the fractionation of the 104 punks! - How a Big NFT Auction at Sotheby’s Ended in Mystery
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@MuyaoShen
Muyao
3 years
Updated the Poly Network hack story with more details from @SlowMist_Team and @BlockSecTeam and @BinanceChain told me that they can't do much about the attack since BSC is "decentralized." via @coindesk
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@MuyaoShen
Muyao
2 years
GM! my very first Big Take story @business with my colleague @Reganonymous is out !!! (one of the top most read stories today!) - profiling the one and only Do Kwon. via @crypto
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@MuyaoShen
Muyao
2 years
BIG TAKE ALERT 🚨 🚨 amazing coverage on SBF’s crypto empire by our @hgmiller29 and @olgakharif via @crypto
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@MuyaoShen
Muyao
2 years
For anyone who doesn't know Babel, its main business started with solid relationships with Bitcoin and Ethereum miners in Asia. They also allow miners to put up their machines as loan collateral and often serves as a bridge between Asia and the West.
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@MuyaoShen
Muyao
2 years
In my conversation with Emin, he said Avalanche and Terra are two "complementary" ecosystems. "I wish that more and more coins would look for ways to grow the crypto space as opposed to compete for the same set of people," he said.
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@MuyaoShen
Muyao
2 months
I’m taking my first vacation this year starting next week for 1.5 week. Please make sure crypto doesn’t break when I’m away. Thank you very much!
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@MuyaoShen
Muyao
2 years
Crypto exchange @coinbase is launching a new blockchain. It shows that the company is willing to embrace a more open-sourced crypto economy, as the whole industry suffers from multiple blowups last year and a prolonged winter. via @crypto
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@MuyaoShen
Muyao
3 months
The crypto pizzas have arrived in the Bloomberg newsroom today
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@MuyaoShen
Muyao
2 years
GM! Stop looking at prices and listen to one of the best Ethereum researchers @christine_dkim on her thoughts about the Merge and what's next for Ethereum via @crypto
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@MuyaoShen
Muyao
3 years
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@MuyaoShen
Muyao
3 months
Nice interview by @leomschwartz / @FortuneMagazine Goldman will launch three tokenization projects by end of year. But it also noted further down in the story that the funds will be launched on private blockchains
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@MuyaoShen
Muyao
2 years
The timing and the news itself are quite surprising to me, as someone who covered extensively about what's behind SHIB craze. via @technology
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@MuyaoShen
Muyao
2 years
Luna 2.0 went live just a few days ago and it's already causing a disaster with wild price swings. Many exchanges are supporting the new token, but price feed still shows Luna classic's price for the LUNA ticker.
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@MuyaoShen
Muyao
2 years
going to create a stablecoin called pizza and its value is pegged to this token called dough. For every pizza created, the same value of dough will be destroyed. The stable is partially backed by a reserve that includes pepperoni, ricotta, tomato sauce, parmesan, basil etc
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@MuyaoShen
Muyao
6 months
If you are in nyc today, you know it’s absolutely insane there is AN ACTUAL LINE to get into a crypto yacht party. Crypto is SO back
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@MuyaoShen
Muyao
2 months
i finally got a res at Din Tai Fung in NYC, feeling like the most popular person in the city now
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@MuyaoShen
Muyao
2 years
NEW on the terminal now: criminal charges against Mango Markets exploiter Avraham Eisenberg show there’s a MAJOR difference between what’s regulated and what’s legal. with @hgmiller29 / @olgakharif via @crypto
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@MuyaoShen
Muyao
7 months
Will be on @BloombergTV at 610PM ET talking about #Bitcoin prices -- this will be my first TV appearance since...last bull market 🥹
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@MuyaoShen
Muyao
3 years
scoop from @business / @crypto today! am very curious about the development on this given how much blockchain privacy was talked about lately.
@crypto
Bloomberg Crypto
3 years
NEW: The Biden administration is calling on some of the biggest digital-currency exchanges to help ensure that Russian individuals and entities targeted by U.S. sanctions aren't using the crypto markets to get around them
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@MuyaoShen
Muyao
8 months
im glad people are tokenizing wine, at least it's going to be liquid!
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@MuyaoShen
Muyao
3 years
went to an NFT event in NYC today where nobody knows what CoinDesk is. ripp😢
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@MuyaoShen
Muyao
3 years
the million-dollar question is not when $BTC reaches $100K, but why Din Tai Fung is not in NYC yet 🥺
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@MuyaoShen
Muyao
6 months
Just explaining the left curve memes to @business readers via @crypto
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@MuyaoShen
Muyao
10 months
If you wonder why I haven’t been responding emails since last few days, I flew to the Basque Country to eat at the best restaurants in the world. Don’t call me unless Bitcoin breaks $60K
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@MuyaoShen
Muyao
9 months
no crazy crypto news next week please 🤝🤝🤝🤞🤞🤞for the sake of the birthday week of @nikhileshde and me!
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@MuyaoShen
Muyao
3 years
reading details from @ACJRnetwork newsletter about @nikhileshde winning the reporter of the year made my day.
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@MuyaoShen
Muyao
2 years
stETH's huge discount to Ether on the secondary market first appeared at the same time when TerraUSD depegged. How so? @nansen_ai come out with a longgg report on Terra's contagion in crypto, from Anchor, stETH, to Celsius, Three Arrows.
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@MuyaoShen
Muyao
2 years
see you at #Mainnet2022 via @MessariCrypto - feel free to say hi to me! Happy to talk about everything crypto and food tips in NYC 😌
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@MuyaoShen
Muyao
2 years
NEW chart: the FTX Executives Who Helped Run Sam Bankman-Fried's Crypto Empire - amazing work by @hgmiller29 @ChrisDolmetsch (the broken/unbroken hearts) via @crypto
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@MuyaoShen
Muyao
2 years
While all that’s happening…. Justin Schmidt, formerly at Goldman Sachs digital assets and Talos, has joined @OndoFinance as its president. The trend of tokenization is getting stronger in crypto everyday. exclusive @crypto
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@MuyaoShen
Muyao
2 years
Wondering how hard it is to be a female in China? Search news keyword “Tangshan”. extremely disturbed, speechless, and angry.
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@MuyaoShen
Muyao
6 months
I heard crypto found the liquidity they deserve in Dubai this week
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@MuyaoShen
Muyao
2 years
Crypto is not dead, or I would have turned in a food review for @luxury - it was such an honor to join a number of blockchain events in Seoul earlier this month and amazing to see the community there remains dynamic. Link to my first @crypto newsletter
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@MuyaoShen
Muyao
1 year
I know crypto got excited about Margot Robbie talking about the big Ken energy in mentioning Bitcoin in a conversation. But the only thing that is even close to being worth talking about is who are the Barbies in crypto. Honestly, who cares about crypto bros 🤷‍♀️
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@MuyaoShen
Muyao
3 years
Ethereum Founder Buterin Says Crypto ‘Welcomes’ Another Winter
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@MuyaoShen
Muyao
2 years
Shameless plug time again: talked on TV about The Big Take story I did with @Reganonymous - if you haven't got a chance, you can read the story here: via @crypto
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@MuyaoShen
Muyao
6 months
If DeFi projects are considering moving out of US due to regulatory crackdown, please consider Paris as an option. I have no idea about the regulations there, but I would love to work in Paris - thanks very much
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@MuyaoShen
Muyao
1 year
Sometimes you come to office and you are rewarded with pickles
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