∞ pancakeface.sol 🔼🐢

Interesting. ORE annual revenue (7 months): $28M ZEC annual revenue: $200K Railgun annual revenue: $4.62M NEAR annual revenue: $5.05M ORE market cap: $50M (!!!) ZEC market cap: $11.06B Monero market cap: $7.21B NEAR market cap: $3.14B Railgun market cap: $427M The market is valuing privacy narratives far above actual revenue generation. ORE is the smallest project here and the only real privacy protocol generating meaningful revenue. ORE also offers real DeFi yield for miners (~60%) and holders (19%). solana:oreoU2P8bN6jkk3jbaiVxYnG1dCXcYxwhwyK9jSybcp is inevitable.

$ORE is up more than 20% over the past week despite the overall market instability and the broader altcoin pullback. For me, $ORE remains one of the strongest plays right now. I’ll share a bit of TA update for the $ORE maxis soon. If $ORE breaks above the $139 zone, I believe it could return to ATH much sooner than expected.

Give me another protocol on @solana that buys back more then 1/3 of the supply . I will wait . MINE YOUR $ORE . 🔨

He’s fully allocated to Crypto? Pump every asset on earth to record highs except his bags.

“I’m buying spot Anthropic on the Solana blockchain” has to be one of the funniest phrases I’ve heard this week. There is nothing spot about this. Brother you are 4 layers of financial abstraction and broker crime away from touching an actual Anthropic share certificate. Your “spot” position is a tokenized receipt for possible future economic exposure to a Cayman SPV that owns shares in another Delaware SPV that maybe owns rights to future equity pending transfer approval. You are approximately Anthropic-adjacent at best

what people dont get about transparent chains is that the lack of privacy is an insanely dangerous network effect if not mitigated ASAP you might have 10 pseudonymous wallets onchain now assume that you slipped up just once and leaked information via a CEX or a chat (or even just your friend did and told the CEX a wallet belongs to you. Canada and EU ask for this information) someone can now link you to those 10 wallets and see everything you've ever done but what's worse is that they also know all the wallets you have ever interacted with whether friends or other txs so now there's an entire network of linkage to you AND your counterparties and hence also THEIR counterparties indefinitely into the past and the future as more people come onchain, such networks exponentially increase in size and there becomes an abundance of information linkage combine with this the fact that frontier AI models have already shown to do positive analysis on pseudonymous networks and unstructured data and you have a financial system where you can not do anything without being watched this is even worse than the existing system because i) you have cash, ii) your accounts across different banks, especially across different jurisdictions, would require a ton of paperwork to get permission to (and many jurisdictions won't even allow it) but in crypto, it's infinitely easier, since they are open networks the longer that privacy is not enacted with force into crypto, the worse this gets the time to act is now

$ORE did $6-$600 (100x) with 5M supply, record of $1,000,000 daily revenue. Now it’s got 3M max supply, stORE available, private ORE available, admin renouncement and V4 soon. Thesis of the century is practically screaming.

Yes, $ORE has a 3M max supply, but do you realize it will take more than 8 years to fully reach that number through mining? Current circulating supply is still under 460k.

saw someone vibe coding at a cafe no voice mode no multi-agent setup no 3-hour extended thinking loops no switching between Codex and Claude Code just typing a prompt, and staring at the screen, waiting for the response like a psychopath

$10K bounty is now live on @vsadkovv passport/ID or insider details of the market maker (contracts, chat logs, etc) used for LAB on Bitget spot, Bybit perps Binance perps, or OKX perps. These grifters are further hurting the industry reputation and it must not go unpunished. War time mode.

The $ZEC lock out rally is real. Everyone wishes they bought it before it ramped up. Monero doomers are mad that Zcash now trades at a relative premium. What happens when the market cap starts ramping up to 20-25b and people are feeling like they missed out. This run will show resemblance to the DOGE or SOL chart and everyone will kick the can wondering where they were during the most asymmetrical trade in crypto. Dot com bubble type conversion to things that actually matter. They either make revenue or are a true store of value by maintaining a clean ledger and miners are happy to secure the network. We watch mega caps ramp up 100-200b market cap in a day and nobody blinks. Encrypt the money.

Holy $ZEC!!!!

aave: yo arbitrum, send back the $71m you get from the hacker, we need it arbitrum: chill, we’re voting on it, you’ll have it in a few days. defi united, remember? aave: bet. love that for us (suddenly, american lawyers show up) plaintiffs: stop right there. that $71m is ours now aave: excuse me?? plaintiffs: we have old judgments against north korea. the hacker was lazarus group. lazarus is north korea. therefore the funds belong to north korea. therefore we seize them aave: wait. do you have proof it was north korea? plaintiffs: yeah, tweets aave: …tweets plaintiffs: and a news article aave: but even if it was them, holding stolen funds for 5 minutes doesn’t make you the owner?? plaintiffs: yes it does aave: so if i smash a tiffany’s window, grab a diamond, and a bystander grabs it back from me, your creditor friends can seize the diamond? plaintiffs: correct arbitrum: uhh… what are we supposed to do here plaintiffs: don’t move. everything’s frozen aave: but the funds belong to my innocent users?? plaintiffs: not our problem aave: if i lose this, nobody will ever stop a hacker again. why would they? the reward becomes a legal war with the thief’s creditors plaintiffs: not our problem aave: and sanctioned states will have an incentive to hack more, since stolen funds can pay off their old debts plaintiffs: still not our problem aave: (turns to the judge) your honor, either vacate this now, or make them post a $300m bond. we have days before the entire defi ecosystem cascades judge: (tbd)

🚨 JUST NOW 🚨 eBay just took action and BANNED a scalper who bought Steam controllers early, then resold them at a higher price. This guy has reported it, and they actually removed the listing and banned the seller. This is how you fight back against scalpers ruining it for real fans.

@KOMODO_Games_JP amateurs

【Steam Controller 販売 / お詫び】 現在、KOMODO STATIONに多くのアクセスが集中しており、サイトにつながりにくい状況が続いております。 復旧に向けて対応を進めておりますので、恐れ入りますが、少し時間をおいて再度お試しください。 ご不便をおかけしておりますことをお詫び申し上げます。

Scam Altman and Greg Stockman stole a charity. Full stop. Greg got tens of billions of stock for himself and Scam got dozens of OpenAI side deals with a piece of the action for himself, Y Combinator style. After this lawsuit, Scam will also be awarded tens of billions in stock directly. The fundamental question is simply this: Do you want to set legal precedent in the United States that it is ok to loot a charity? If so, you undermine all charitable giving in the United States forever. I could have started OpenAI as a for-profit corporation. Instead, I started it, funded it, recruited critical talent and taught them everything I know about how to make a startup successful FOR THE PUBLIC GOOD. Then they stole the charity.

@colludingnode @THORChain I imagine people seeing this and thinking that it is just shilling for financial reasons, but it's actually a deep and inescapable truth of information theory: If you're long ZEC, you get privacy. If you treat ZEC as a temporary way to get privacy, you don't get privacy.

$ZEC is now available to trade on Robinhood Crypto, including NY.

“You can’t be unlucky for 365 days” Crypto 💀:

🚨 I don't think people realize how bad things are at @aave right now. All core markets are at 100% utilization, that includes $3 bil in USDT and $2 bil in USDC stuck! That means you CAN'T WITHDRAW your money! A long post on why and how we ended up here. When the rsETH exploit happened and AAVE incurred bad debt, whales like Justin Sun, MEXC exchange, and others immediately withdrew billions from AAVE. This instantly drained all available liquidity in key core markets like ETH, USDT, USDC and so on. Those first to withdraw got out, laggers got trapped. Initially, the ETH market hit 100% utilization, meaning you could not withdraw your ETH from AAVE. Worse, this also means the protocol can't process ETH liquidations should ETH price fall/crash. If you can't sell any ETH, you can't liquidate to cover debt obligations. That means the risk of more bad debt incurred by AAVE is increasing the longer its markets remain stuck. Nevertheless, users can still sell at a minor loss the aETHwETH tokens on Uniswap or similar aggregators. That exit door is the last one remaining for ETH depositors on AAVE. The same cannot be said by depositors of USDT and USDC. They are stuck. That's because AAVE lost over $6 billion in liquidity in the past 24h. As whales took out their money, USDT and USDC also hit 100% utilization. These markets are now also stuck with money locked. Panic is spreading and desperate times call for desperate measures. Some users decided to borrow against USDT/USDC and exit via other markets at a 10-25% loss (90-75% LTV). Basically you borrow GHO/DAI/USDe against your locked USDT/C. But as more liquidity leaves AAVE, more markets get to 100% utilization and get locked/stuck due to low liquidity. This is quickly cascading across all available markets. Luckily the crypto market was rather flat today so liquidation risks were marginal, but if things change there are billions in stablecoins and other assets locked on AAVE that can't process liquidations = more bad debt for AAVE. If users or related protocols that are stuck need access to their money to prevent liquidations or other critical function, they have a huge problem on their hands. Plus, nobody wants to deposit (or provide liquidity) in these markets now since your ETH, BTC, USDC/T could be stuck there for who know how long. As soon as any available liquidity is made available, it is instantly taken out by bots fighting to get out. As I wrote this I saw 250k in liquidity on USDC vanish in seconds. Then there is the bad debt question. There's over $200 mil in bad debt incurred by AAVE via rsETH that's like a hot potato. Nobody knows who will eventually pay this bill. If you didn't remove your assets from AAVE, you risk receiving at least part of that bill in some form. Not having access to your money is part of that risk too. Contagion is also extremely high. Many protocols and apps rely on AAVE for their earn mechanics. These protocols and their users are stuck too and may be forced to incur bad debt with no fault of their own. October 10th was a CEX driven crash, this is a DeFi risk mitigation failure of epic proportions. AAVE should have never onboarded rsETH as a collateral asset, at least not to the size of hundreds of millions that allowed the hacker to walk away (i.e. borrow) over $200M in ETH after posting fake collateral. Rumors on X are saying rsETH was onboarded by AAVE due to a conflict of interest (lobbying) by a given service provider. If true, this is a major failure of its governance structure (nothing new). The folks at @KelpDAO who manage rsETH also have a tough decision to make on who will actually pay for the $200M exploit. AAVE users? L2 rsETH users? Everyone affected gets a haircut to account for the loss? The AAVE team and its founder, Stani, have been quiet for over 20h since the exploit after initially announcing the rsETH market freeze. They have a pretty big problem on their hands since the whole protocol is at risk right now. Trust is already lost as AAVE is bleeding billions in TVL to the level of hitting 100% utilization on all core markets. Maybe some key actors in the space will step in to provide liquidity to stabilize the markets on AAVE before this gets even worse. I got lucky to get out of AAVE early when I first saw this. I also removed all assets from DeFi and will not touch any protocol in the next few weeks. Too much risk for a few percentage points in yield. If you found this informative, like, share, and follow @duonine