Mustafa GoldenMean

Pendle’s TN argues that "DeFi is Dead" is a retail hallucination. He says that in reality, we are entering a "Stringent Due Diligence" era where institutional capital is finally separating resilient protocols from the casualties.

JUST IN: Meta announces they'll be shutting down the Metaverse, after pouring $80,000,000,000.00 into the project.

U.S. PROPOSES OPENING 401(k)s TO CRYPTO -- AND THE SCALE IS MASSIVE 👀 The Labor Department just proposed rules to allow crypto and alternative assets into retirement plans covering ~118M Americans and ~$8.8T in assets. This doesn’t auto-add crypto, but it gives fiduciaries a legal framework + safe harbor to include it. If they meet strict checks on fees, liquidity, risk, and complexity. There’s also a 60-day review period, so nothing is live yet. Not hype -- but a pathway for one of the largest capital pools in the world to gradually enter crypto. If even a small allocation moves, it’s meaningful. 💯

I must say, it’s thoroughly entertaining to see public chain maxis get so flustered about Canton The idea that a team can appear “out of nowhere” (i.e., blinded by bag bias) and capture mindshare and institutional adoption was simply not in their calculus Reality is that this is a symptom of a broader trend of transaction database technology becoming increasingly commoditized as apps capture more of the revenue pie DeFi teams and TradFi institutions will build on the chains that best suit their specific requirements, which are interconnected via middleware networks, and end-user consumers won’t know the difference May the best transaction databases win and rise above the others And I say this as someone who holds public chain coins and no $CC btw