Steve Kaaru
33.7K posts

Steve Kaaru
@SteveKaaru
Founder: CoinLens PR (https://t.co/pHwCZkWL4B).



🚨 ALERT: Sui Mainnet is experiencing a network stall. Transactions are temporarily paused as the core team works on a fix.

sui went down for 5 hours yesterday. second full network halt in 150 days. uptime now below 99.86% over that window. solana during its worst outage era in 2022 was getting destroyed for exactly this. difference is solana was a $4b chain back then. sui is $3.7b right now, marketing "enterprise-grade infrastructure" and "sub-second finality" to institutions while validators can't coordinate block production. you cannot sell reliability to circle, coinbase, and a16z portfolio companies when your consensus layer freezes under the same stress that solana just processed $250m USDC through without blinking. mysten labs has the team and the funding to fix narwhal-bullshark. but one more outage and the institutional pipeline closes permanently. the market prices in resilience during drawdowns, not whitepapers.




JUST IN: Anthropic raises $65B at $965B valuation 70% chance of IPO this year







"I don't believe there was debanking. I think it's a crock of shit. An absolute crock of shit." — @Lead_Bank CEO @jackiereses "There's 5,000 banks in the United States. We have a lot of red states. Are you telling me that in lots of red states, including where my company is headquartered, Kansas City, Missouri—those banks were not willing to bank, for example, conservative companies?" "What debanking actually means is that banks transitioned out of offering crypto products or risky products like adult entertainment or something like that." "That's legit. That happened to lots of companies. But that is not systematically debanking. That's choosing not to invest in the industry." "There might be cases where a bank decides to not include executives in a particular industry, or they choose they don't want the risk associated with something. That is their prerogative, and banks can make decisions based on their own reputational risk." "Thankfully, you have 50 states and 5,000 banks, and there are plenty of people who would take a pro and con of each side of those judgments, and be able to offer services to many of those people who say they were excluded from the banking system."

If #Stellar hits a $114T market cap, 1 stellar:native will exceed $3,600 👀 $114,000,000,000,000 in tokenized assets. U.S. Treasuries. ETFs. Russell 1000 stocks. Are all set to be absorbed into #Stellar via DTCC.













