@xinsong86 That’s tokenization, not cryptocurrency, different blockchain use case
English
DeafeningSilence
1.4K posts
From our seat at GSR, it’s clear Wall Street is moving full steam ahead on crypto:
• Franklin Templeton launching a dedicated crypto unit; bringing tokenized ETFs into crypto wallets with 24/7 trading
• Morgan Stanley exploring tokenized assets via ATS
• Invesco taking over Superstate’s ~$900m tokenized T-bill fund
• BlackRock doubling down on tokenization while hiring a digital assets MD
English
@pbrody The only difference is they have a token for dtcc to dump.
English
Today was the first time I've really heard the pro-Canton arguments from somebody who is actually at Canton rather than secondhand.
Three major takeaways in their key messaging presented here without commentary:
English
@llamaonthebrink They’re laundering revenue through their token
Use revenue to buy back coin publicly
Foundation silently sells equivalent amount of tokens
That way they can pump the coin via buyback narrative without spending any money
English
Imma put my cynic hat on and say that there must be some kind of scheme here…
According to DeFiLlama, pump currently generates ~$400 million in revenue, with most of it used for “buybacks.”
That’s nearly *half* the circ supply.
The math just doesn’t pass the smell test imo.
Pump.fun Ecosystem@PumpfunEco
In the past 24 hours, pump fun purchased $920,971 worth of $PUMP, which equals 99.7% of the previous day’s revenue This brings its total purchases to $343,138,912 to date
English
@davidzmorris Always makes me laugh when ghost chains brag about their adoption
English
What are these, numbers for ants
big pey@bigpey
This is the current USDCx liquidity on Cardano. Snek team/community has added more than the Cardano Foundation.
English
@icobeast A bunch of interns and entry level positions on a stage yapping about nothing?
English
This is what institutional adoption looks like.
It might sound crazy, but the institutions are coming for prediction markets even faster than they did for crypto.
⛽️⛽️⛽️
Tarek Mansour@mansourtarek_
Institutional panel.
English
You are the director of the FBI.
You do not know what two-factor authentication is.
You use the same password everywhere.
MAGA to the moon.
International Cyber Digest@IntCyberDigest
🚨‼️ BREAKING: FBI Director Kash Patel's Gmail account was hacked by Iranian nation-state hackers. They have published his entire inbox, including mails on his home in India, private life, personal data, business dealings and travel history (Havana, Cuba!).
English
@FigoETH There is no meaningful practical difference between corp L1 and L2 chains
Both are centralized governance, not censor resistant, and have no incentive to decentralize
English
Reason why corpchains aren't liked by serious people?
Because they advertise for being permissionless when they aren't and won't be in the future (company behind Tempo can be sued to censor txns, no incentices to decentralize etc.)
Dan Robinson@danrobinson
Tempo mainnet is live and permissionless We designed it to be the best blockchain for payments, and every feature serves that goal We're also introducing a new standard for web and agentic payments, the Machine Payments Protocol, which you can use today
English
@PythNetwork @coinbase @cryptocom @tradexyz @Dreamcash @bitget @BitMEX @LMAX Token not needed, $PYTH down -95%, rug pull scam
English
Introducing Pyth Pro X.
Institutional market data built for exchanges.
One subscription. Every asset class. No exchange fees, no redistribution barriers, no vendor lock-in.
Powering @coinbase, @cryptocom, @tradexyz, @Dreamcash, @bitget, @BitMEX, @LMAX, and others.
English
Do I just relocate to NYC for this
trade.xyz@tradexyz
We are Unit Labs, the team behind @unitxyz and @tradexyz. We’re looking for elite talent to scale the team, starting with senior SWEs, devops, and quant researchers. You’ll join a small team building the asset layer on Hyperliquid. Since launch, our deployments have facilitated $150B+ in volume across spot crypto, equities, commodities, and FX. We believe perps have the potential to reshape capital markets the way stablecoins reshaped payments, a step-function change in how assets trade and settle. Our mission is to bring the world's asset classes onchain and to become the venue for global price discovery. Requirements: - Have built distributed systems at scale - Demonstrated history of taking products from 0 → 1 - In-person in Asia or NY, relocation covered Apply using the link below: x.com/tradexyz/jobs
English
@OneOpenSea @chainlink @chainlinklabs Nice non sequitur, this is obviously positive for the LINK token, just thought it was funny people like you are so brain damaged that you try to spin this as a negative
English
@LambdaOversight @chainlink @chainlinklabs Didn't say it was bad for LINK. It's neutral for LINK because it has no legal claim on the success or failure of CLL.
English
"We got great guidance from the SEC yesterday that confirms unequivocally that LINK is a digital commodity." - Ben Sherwin, General Counsel @chainlinklabs
English
@OneOpenSea @chainlink @chainlinklabs “LINK is getting the regulatory greenlight but also that’s bad for LINK… somehow”
Such funny fud
English
@chainlink @chainlinklabs Good news for CLL. Too bad LINK doesn't accrue any benefit
English
@ChainlinkP @TheLinkPanda @og_stinky How do you think Build projects would feel about Chainlink dumping their tokens en masse?
Do you think that would make it more or less likely for projects to join the program and hand the tokens over?
Don’t bite the hand that feeds you…
English
@TheLinkPanda @og_stinky The best system would be if Chainlink actually took some responsibility and turned it into LINK and boosted staking rewards. But nah. They offloaded all the risk conveniently and made staking for Build rewards almost worthless when it was supposed to be a value add.
English
Just claimed my rewards...
What would've been around 6K worth of tokens, is now a little less than $200.
$LINK staking rewards. You just win.
English
@LambdaOversight This is not the crypto that i used to know and remember...
English
For any reason?! I'm assuming that your IP address and browser fingerprints get sent too?
Aave@aave
English
@ChainlinkP @TheLinkPanda Nothing wrong with the structure, it’s just that the tokens weren’t worth much
English
@TheLinkPanda The current structure is not great. Hell it's not even good.
English
@TheLinkPanda @ChainlinkJedi You locked up your LINK to get LINK staking rewards, Build tokens are a cherry on top
English
@ChainlinkJedi It's not free, nothing is free. I had to lock up a lot of coins for that... Nothing is free in this world.
English
English
@AndyMasley @RyanMorey @wormvoot You’ll forgive me, in a sea of self-declared experts and paid shills, for not believing a fucking thing you say.
These data centers should fundamentally not be built regardless of the water issue in any case, so it’s moot.
English
A few people asked me to make an image of how much irrigated farmland would use the same water required for ALL ChatGPT usage, including every part of the process. I did a botec and my best guess right now is that inference uses about as much water as training, and power generation uses ~5x as much water as the data centers themselves, so it looks something like this. The water cost of manufacturing chips is marginal compared to how much water they use over their lifetimes.
English
@NateGeraci Woah now, you’re telling me an asset manager is marketing its latest product, holy shit who would’ve thought
English
First thing you see when hitting homepage of *world’s largest* ETF issuer…
Ether.
iShares offers nearly 500 US-listed ETFs covering virtually every asset class.
And they’re leading w/ eth right now.
Makes you think.
English
@llamaonthebrink What happens when AOC becomes president and Gensler 2.0 becomes SEC chairman, do you think they will say everything that happened under Trump admin is just water under the bridge, don’t worry it was crime season, do whatever you want, break securities laws who cares
English
This reminds me of that sponge bob episode where he couldn’t step outside of a drawn out box on the floor because he was inside it.
There was nothing physically stopping him from stepping outside, but he just couldn’t do it.
Just like there’s nothing stopping a project from treating their token as equity, or from tokenizing the equity and treating it like a token, but for some reason it simply seems impossible to step outside of the proverbial box.
…A lot of wisdom in that invisible box analogy
Noah@TraderNoah
Slowly but surely, the industry is accepting reality. The risk premium for owning a token is too high relative to equity for investors, and the on-chain infrastructure for tokenized equities is immature. From first principles, it's obvious why tokens should trade at a discount to equity and the pushback has always been "but they trade at a premium". Well, all the market participants that kept them at a premium are dead, and we have an incredibly immature market structure for regulated on-chain products. There are a lot of obvious things to build in order to have the market structure in place for tokenized equities to be liquid and composable with defi, but I think it's reasonable to ask whether the juice is worth the squeeze given the demand to own tokenized equities is low. Lots of wood to chop...
English