Christian Niedermueller

So, let me get this straight. The $280m Drift hack took six months of: - Attending crypto conferences. - Meeting the team in person. Multiple times. - Depositing $1M of their own capital to build trust. - Sharing a GitHub link. The biggest DeFi exploit of the year started at a networking event with complimentary drinks.

Tokenization is reshaping regulated finance by moving assets onto programmable ledgers, delivering efficiency gains but requiring strong policy and trust anchors to protect stability. Read our new IMF Note on the issue: elibrary.imf.org/view/journals/…

Google just mass-licensed its AI to every startup on the planet for free. And it might be the most aggressive competitive move in the open model war so far. Gemma 3 launched a year ago under a custom Google license. Developers complained. TechCrunch ran a piece quoting ML directors calling it "not usable" for commercial scenarios. Google could remotely restrict usage. Enterprises with legal teams flagged it as a liability. Gemma 4 ships today under Apache 2.0. No restrictions on commercial use. No kill switch. No custom terms. Full permission to modify, distribute, and build derivative products with zero legal overhead. That licensing flip matters more than the benchmarks. Meta's Llama still runs a custom license that blocks companies with 700M+ monthly active users and prohibits using outputs to train competing models. Mistral uses Apache 2.0 for some releases but not all. Google just made the cleanest open offer in the market. The 26B MoE model activates only 3.8B parameters during inference. That means a model that ranks 6th on Arena AI runs on a single consumer GPU. The 2B and 4B edge models run on a Raspberry Pi. 400 million Gemma downloads already, 100,000+ community variants. Google doesn't need Gemma to make money. Gemini makes money. Gemma's job is to make every developer's first instinct "start with Google's architecture." Train on Gemma locally, scale to Vertex AI when you need production infrastructure. The Apache 2.0 license removes the last reason anyone had to pick Llama instead.

My fireside chat with the CEO of Western Union. > you crypto people think real time settlement is new > we've been doing real time settlement for 20 years > you can go to a WU and send money to your mom in guatemala and it lands in 3 seconds > but that only happens because I have liquidity pool of $1.5B > stablecoins are going to give me back that $1.5B > my stock trades at $2.7B > I'm going to take that $1.5B and use it to buy back a boat load of my stock > oh and also, we're going to use stablecoins to give all 100m+ customers a US dollar debit card aka mini bank account Stablecoins aren't going to kill Western Union... They're going to save it.

🚨BREAKING: Because of the oil price crisis and the situation in the Strait of Hormuz, Austria has decided to open its only nuclear power plant in Zwentendorf on the Danube, which was completed in 1978 but never connected to the grid due to a negative referendum the same year. ⬇️

Dear Mr. Armin Papperger, CEO of Rheinmetall, When you referred to Ukrainian drone manufacturers as “Ukrainian housewives with 3D printers” you revealed just how deeply the European defense establishment still fails to understand the nature of modern warfare. This is not about emotion. It is about battlefield reality. Here are the facts your industry refuses to acknowledge: In 2025 alone, Ukrainian drones carried out 819,737 confirmed strikes. They caused 90 percent of all Russian combat losses, more than all other weapons systems combined. TAF alone produces up to 100к FPV drones monthly. In any given 90-day period, my company’s products alone achieve more confirmed strikes than your entire fleet of equipment has across its full combat history in every conflict. And most importantly, I built this company and achieved these results in two years, not fifty. Think about that. Our drones generate more kinetic effect in three months than your flagship platforms have in half a century. Why? Because the battlefield has changed, and your business model has not. •Russian electronic warfare has made GPS-guided Western munitions such as Excalibur and GMLRS nearly ineffective. •Expensive and complex systems designed for wars with air superiority and traditional peer-to-peer combat have become easy prey for drones costing $500, attacking them from above. •The cost-to-effect ratio has been turned upside down: one 120 mm Rheinmetall shell or one anti-tank missile costs more than a dozen of our drones, and yet our drones still win. This is not a “Lego game.” It is industrial Darwinism in real time. We iterate every week. We print parts in basements and ship 100к strike systems per month, while your engineers still require three to five years and hundreds of millions of euros in certification costs for even a minor upgrade. The war in Ukraine is not a temporary anomaly. It is the first true drone-industrial war. And it has already proven that outdated European platforms, no matter how expensive or “serious” they may seem, are becoming less and less relevant unless they integrate the very technologies you mock. So when you say, “this is not innovation,” I hear something else: “We do not want to admit that the future is being written in Ukrainian workshops, not in Düsseldorf boardrooms.” #MadeByHousewives is trending for a reason. Because these “housewives” destroy more enemy equipment every month than entire European armies do in full campaigns. And they do it while your industry continues to sell 20th-century solutions at 21st prices. The invitation remains open, Mr. Papperger. Stop laughing at the kitchen table. Come and learn how tomorrow’s war is actually being fought. Because the next time someone asks, “Who needs tanks in the age of drones?”, the answer may be simpler than you think: Whoever still believes in 1979 will lose to whoever is building in 2026. With respect, but with facts, Oleksandr Yakovenko “Ukrainian housewives” Founder TAF

@KobeissiLetter That 4.4x ratio is wild. Homes didn't get 4x more valuable. Dollars got 4x weaker at buying them.

🧵 The dollar is a ponzi scheme with a military. This week the US sent a 15 point peace plan to Iran. Iran countered by demanding control of Hormuz. The Fed is frozen. $39 trillion in debt. None of this is random. It is a four step machine. This is the Debasement Chain.

someone at ANTHROPIC just showed CLAUDE finding ZERO DAY vulnerabilities in a live conference demo claude has found zero day in Ghost, 50,000 stars on github, never had a critical security vulnerability in its entire, history... it found the blind SQL injection in 90 minutes, stole the admin api key, then did the exact, same thing to the linux kernel

BREAKING: Anthropic accidentally leaked its next AI model and it just wiped out $14.5 billion from cybersecurity stocks in a single day. Claude Mythos was accidentally stored in a publicly accessible data cache and discovered before Anthropic could announce it. The model showed dramatically higher scores on cybersecurity tests, meaning AI can now detect and respond to threats at a level that traditionally required entire teams of security professionals and expensive enterprise software. Investors immediately started pricing in the question nobody in the industry wants to answer: if an AI model can do this, why does anyone need CrowdStrike? And the market answered immediately: - CrowdStrike is down 5.85%, wiping out $5.5 billion. - Palo Alto Networks is down 6.43%, wiping out $7.5 billion. - Zscaler is down 5.89%, wiping out $1.35 billion. - Tenable is down 9.70%, wiping out $185 million

JUST IN: 🌐 Coinbase 🤝 Sam Altman's World partner to verify real human identity behind AI transactions. AgentKit, enables World-verified individuals to delegate their World IDs to AI agents on Coinbase's x402 protocol.

🚨 THE SPEECH THAT CHANGED CRYPTO SEC Chair Atkins introducing token taxonomy. Clarity is here 🔥

> walk around your city catching pokémon > game asks you to scan a fountain. sure why not > 30 billion scans later > niantic owns a more detailed map than any government > sells game for $3.5B > spins off a spatial AI company > your pokéwalk is now classified infrastructure > delivery robots now navigate using your walks > you were never the player. you were the product.

The cost of production line has called every single Bitcoin bottom since 2015. Not most. Not some. Every single. one. Source: @jv_finance

Agentic Commerce explained in 5 minutes. Why AI agents will transact on crypto rails, and where LI.​FI fits.

🔥 HUGE: Mastercard launches a Crypto Partner Program, bringing together 85 crypto companies to develop cross-border transfers, B2B payments and global payouts.

Unveiling our new startup Advanced Machine Intelligence (AMI Labs). We just completed our seed round: $1.03B / 890M€, one the largest seeds ever, probably the largest for a European company. We're hiring! [the background image is the Veil Nebula - a picture I took from my backyard, most appropriate for an unveiling] More details here: techcrunch.com/2026/03/09/yan…

Introducing LI.​FI’s API for Agentic Commerce, a one-shot integration for building agentic workflows onchain. We’ve released a complete toolkit for AI agents: MCP server, agent skills, and agent-native documentation. Market access for agentic commerce is now solved.

I was a 10x engineer. Now I'm useless.

The 20 millionth Bitcoin will be mined today! That means 95% of all Bitcoin that will ever exist is now in circulation. Most people see "1 million BTC left" and think Bitcoin is still being mined at a meaningful pace for another century. Here's what the math actually looks like: 99% of all Bitcoin will be mined by 2035. Nine years from now. That last 1% trickles out over the following 105 years until 2140. The reason for this is halvings. Every four years, the block reward gets cut in half. Today it's 3.125 BTC per block. Around April 2028, that drops to 1.5625 BTC. Then it halves again. And again. Each halving cuts the rate of new supply roughly in half. The curve is exponential, not linear. Here's the practical takeaway: the era of Bitcoin scarcity isn't something that's slowly approaching. It's already here. With 95% of supply issued, new Bitcoin entering circulation is measured in hundreds per day. Not thousands. Miners are increasingly paid by transaction fees, not newly minted coins. The 114-year figure to fully mine Bitcoin is technically accurate. But it's misleading. Bitcoin's effective supply plateau happens in the next decade. Everything after 2035 is rounding error on a fixed supply that already exists.