Alec

Situational Awareness, the $20bn hedge fund founded by former OpenAI employee Leopold Aschenbrenner, has sought to raise fresh capital from investors after suffering heavy losses during the recent rout in AI stocks ft.trib.al/SwCjjE6

Again, we are about to enter the biggest contraction phase in crypto’s history. Many of these chains had at least some reason to exist when the core primitives bringing users and liquidity were still there. @aave is only the first. I expect many more apps to pull back from these ecosystems, as the attack surface is simply not justified by the revenue or users they generate. Crypto also needs a compliant, thoughtful, and orderly framework for winding down apps and chains. Too many of them survived on rebates, airdrops, and token incentives. We are now entering the era of revenue and real economic value. Contraction, consolidation and then up only

🚨 BREAKING: Tony Romo arrested for OWI in Milwaukee. Details: tmz.com/2026/07/24/ton…