Jared Klee | Stablecoins & Crypto Infra

Building in Web3? We gotchu.

@HadickM @web4O No restrictions on another issuer creating a cloudflare branded stablecoin. Precisely what we do at Bastion. Each one subject to regulator approval. The restriction is on Cloudflare itself as the issuer. Which makes the announcement so confusing.

@KleeBeard @web4O Very unclear if in rule making that will actually be true if they use another infra provider / issuer

Cloudflare not announcing their issuing partner is weird. Could it be that it's a partner who is not yet public? Maybe a white label product that someone like a large bank or AM / Circle / Tether are launching and weren't yet ready to announce.

@HadickM @web4O And GENIUS Act generally prohibits companies like Cloudflare from issuing. x.com/CampbellJAusti…

@web4O For cloudflare? Because it's not their core business to build a bunch of APIS, integrations, and operations for mint/redeem/treasury operations, etc. It's not THAT easy to roll yourself and takes time

Today we’re announcing Bastion’s strategic round, led by @cbventures with @Sony_Innov_Fund, @SamsungNext, @a16zcrypto, and @Hashed_Official. This brings our total funding to $40M+ Here's why this moment matters 🧵

@RMB 👀 I'm game. Budget and half the seats.

Dear NYC: I'm co-hosting a dinner on 1/26 for Founders & Builders at a super cool loft space. Want to cohost with us? DM me! :-)

@RMB @vouch_group Will make sure to pass it on to Sultan. He's a rockstar.

Dear Sales People: This is how you write a cold email. 💸💰 1. Personalized. 2. Succinct. 3. Social Proof. 4. Clear value prop. 5. Clear CTA. Way to go @vouch_group!

NYC is a global crypto hub It's home to some of the industry's most iconic companies and the destination for a constant inflow of builders We wanted to make it simpler for everyone in this community to find and collaborate with each other So we built MEMPOOL.NYC

@dberenzon 👋 from @vouch_group vouch.us/web3

🗽🗽🗽NYC CRYPTO ROLL CALL🗽🗽🗽 tag your favorite crypto companies with founders or offices in NYC (releasing a tool for the community next week so making sure I don't miss anyone!)

@jp_koning Is this headlines or signaling at this point? Usually these announcements proceed stopping activities by 12+ months.

This is a big escalation in the sanctions war. The US is expected to expand Russian secondary sanctions from 1,200 entities to 4,500 entities, including banks such as Sberbank and VTB, the country’s largest lenders. 👀👀

@asanwal They bought Stream a while back, subscale Tegus competitor. Ran it as a feature rather than as a product. Tegus ate their lunch. Let's see if the team for gets it right the second time.

Tegus acquired by Alphasense Preqin in a process expecting a price of 2B+ GBP ($2.5B) Interesting times in data & information services😀

First the ETH ETFs now Robinhood acquiring a major crypto exchange. My bingo card has all the wrong boxes on it.

Whoa 👀

@PolicyPitts @CFPB 5,079 words is the one word per day threshold since the CFPB was tasked with 1033. Ignoring preamble, I'll bet the under.

Great googly moogly, the @CFPB dropped PART of the final 1033 rule. Restrain yourselves, it is the part about how standard setting organization(s) will be identified. But there might be a few interesting nuggets in it, so time for a live tweet read...

@PolicyPitts CFPB took it down

First, you probably want a link: files.consumerfinance.gov/f/documents/cf…

@matt_homer Look forward to seeing you tomorrow!

In Austin and can’t wait for the week ahead!

Happy Sunday from Prospect Park

@trunarla I approve this message

My friends learning how to code, so I’m helping him out

Loving LinkedIn's new AI recommendations

BTC available with a CUSIP and ISIN, cleared by DTCC

@trengriffin I added Cheetos to my order

Does the $67 million per launch price of a Falcon 9 rocket include floor mats, rust proofing and seat protection?

@TobiasRush I'd be surprised if they didn't. Amazon lost the thread when they got hooked on Ad revenue. They've prioritized pushing ads over discoverability and lowest prices. At some point the frog will be boiled and they'll wake up to a competitor that remembers the customer's needs.

Somewhat of a random observation. I had written a prompt a few weeks ago that looked for mentions of a book in some provided text. Then asked ChatGPT to search amazon for the link and provide the name, link and short description. I noticed yesterday that my prompt started getting flaky. I spent some time on it this morning and it is now claiming it can’t search amazon. And specifically calls out robots.txt. I then went to Bard to see if it could do better. It likewise claimed it could not search for specific product pages on Amazon. But I’m nearly certain I could do this just a few weeks ago. Did Amazon update its policy on allowing LLMs to search for products?