13th December 2021 > > Another scam.
- Mark Timmis
- Dec 13, 2021
- 1 min read
tl;dr
Don't believe the hype about ridiculous returns on stablecoin deposits.
Market Snap

Market Wrap
A meeting of the Federal Open Market Committee this week will give us greater insight into the short-term path for quantitative easing (QE) and the speed for tapering asset purchases. We are likely to see greater divergence between the US and Europe, for surely no-one truly believes that Italian 10-year yields reflect economic reality at a miserly 94bps.
Stocks are seemingly unperturbed at the prospect of QE being potentially wound down by the end of March next year, giving hope that BTC will also respond positively.
Curious Cryptos’ Commentary – Scams (again)
I got into a verbal battle yesterday on Medium.
Medium is a great resource. There is lots of good information, and some very good writers.
But like all these platforms there is always the scope for scammers and fraudsters.
One chap – Jeff Opdyke - has been shamelessly promoting BNBmatrix.
This is a scam site offering ridiculous returns for simply depositing BNB. The returns will never materialise, and you will have lost any BNB you “deposit” with them.
As hard as I try, I cannot get Medium to pay attention to this matter.
Any suggestions?
Reserve Treasury Protocols (before they all go to zero

Recent Posts
See Alltl;dr A rare display of dissent within the EU hierarchy demonstrates the revolutionary power of cryptos. California is telling us the...
tl;dr The new Chair of the SEC is sworn in, marking the start of a golden age of regulation for cryptos. The myth of central bank...
tl;dr The State of Oregon did not get the memo. Charles Schwab is making its crypto move. Market Snap Market Wrap The (very) thin online...
Comments