Big Water

ChatGPT in Germany in 2027

nailed it re $xpl i think plasma team have a few aces up their sleeves to surprise the market with tbh relock their tokens, sort out tokenomics generally, announce or hint toward value accrual to the token, etc could get volatile tomorrow so stay away from leverage, but im staying long + strong + will hold through whatever vol comes

A screenshot Garret Bullish just shared on Twitter shows him withdrawing 68.08K ZEC from Binance on December 24 last year, worth $29.7M at the time. The same wallet withdrew another 134K ZEC, worth $58.6M, minutes earlier. t1dHheg2SkTGBMK1VsCPwsqJ3Gccsnen7rf He then shielded all 202.08K ZEC, but unshielded it minutes later and still holds the entire amount. t1gGCYpyURMo2FcYDSqeR8pgp2Kx9rnT72V At $1,580 per ZEC, those holdings are now worth $320M, up from $88.3M at the time. So his 38K ZEC ($60M) short on Hyperliquid, currently showing an unrealized loss of $34.5M, can be seen as a partial hedge against his spot holdings. 0x92ea19eceb7a8de0f50978a1583a5d8b018050e9

After 5+ years, we're winding down POAP. Over the years, we: * minted millions of collectibles across hundreds of communities. * did incredible collaborations with world-class organizations - Coinbase, Amex, WMG, Bayer, and a long tail of others, including countless in crypto. * ran one of the biggest activations at Devcon, minting 8000+ collectibles over the course of a week. * built an Airport Rally to let collectors get POAPs at airports around the world. POAP meant something to a lot of people. Unfortunately, crypto's funding cycles and distribution dynamics made it hard to build a sustainable company without cannibalizing the ethos that made POAP mean something. Building on a fragile and quickly evolving stack, in the middle of an incredible hype cycle, only added to the challenges. Still, there are some big lessons I am carrying from the POAP story. First: Customer communities are the most undervalued asset a company can have. If you build something with soul, people who use it and love it will take your brand everywhere. Do not underestimate the power of customer communities. Second: Connection is still the point. It's easy to lose that thread when the conversation is about the latest bubbly tech or price speculation, but the people using POAPs at events, in classrooms, at hackathons were getting something real out of it. Third: Longevity and brand equity are the only moats left. With the time to building and shipping something new collapsing quickly, and distribution becoming increasingly an engineering problem, customers increasingly want to make sure they can trust that the things they are buying will grow and evolve with the market, without changing radically. Grateful for everyone who believed in what we were building. It's too soon for me to say what's next, but for now, I'm thinking a lot about what GTM looks like in the age of AI.

🚨🚨 Did Citadel just rug pull Leopold? July 28: Citadel "predicted" a surprise Fed rate hike, which historically tanks the market July 29: Market sells off. Situational Awareness gets margin called. Fed left rates unchanged July 30: Citadel acquires Leopold's entire portfolio Same day, Leopold's holdings rally 15% to 29% • $NBIS: +29% • $BE: +25% • $SNDK: +22% • $IREN: +24% • $CRWV: +24% • $SKHY: +15% Absolutely wild sequence of events

Strategy has established a $BTC Monetization Program under which we may sell BTC to fund our: - USD Reserve ($1.25B cap) - dividends and interest expense - repurchases of our Digital Credit securities and $MSTR under our repurchase programs

🚨THE FIRST FANNIE MAE BACKED BITCOIN MORTGAGE HAS CLOSED IN THE UNITED STATES A couple in Michigan bought their first home by pledging Bitcoin as collateral instead of selling it, making it the first Fannie Mae backed mortgage using crypto in US history. Borrowers can pledge BTC or USDC without triggering capital gains taxes, with no margin calls even if prices drop. Better Mortgage is projecting $250 MILLION in initial loan volume with a nationwide rollout planned for this summer.

One of the first real bottom signals I've seen thus far in this bear market Haven't heard from this dude in years and gets on my feed announcing his capitulation

we're making @blocks smaller today. here's my note to the company. #### today we're making one of the hardest decisions in the history of our company: we're reducing our organization by nearly half, from over 10,000 people to just under 6,000. that means over 4,000 of you are being asked to leave or entering into consultation. i'll be straight about what's happening, why, and what it means for everyone. first off, if you're one of the people affected, you'll receive your salary for 20 weeks + 1 week per year of tenure, equity vested through the end of may, 6 months of health care, your corporate devices, and $5,000 to put toward whatever you need to help you in this transition (if you’re outside the U.S. you’ll receive similar support but exact details are going to vary based on local requirements). i want you to know that before anything else. everyone will be notified today, whether you're being asked to leave, entering consultation, or asked to stay. we're not making this decision because we're in trouble. our business is strong. gross profit continues to grow, we continue to serve more and more customers, and profitability is improving. but something has changed. we're already seeing that the intelligence tools we’re creating and using, paired with smaller and flatter teams, are enabling a new way of working which fundamentally changes what it means to build and run a company. and that's accelerating rapidly. i had two options: cut gradually over months or years as this shift plays out, or be honest about where we are and act on it now. i chose the latter. repeated rounds of cuts are destructive to morale, to focus, and to the trust that customers and shareholders place in our ability to lead. i'd rather take a hard, clear action now and build from a position we believe in than manage a slow reduction of people toward the same outcome. a smaller company also gives us the space to grow our business the right way, on our own terms, instead of constantly reacting to market pressures. a decision at this scale carries risk. but so does standing still. we've done a full review to determine the roles and people we require to reliably grow the business from here, and we've pressure-tested those decisions from multiple angles. i accept that we may have gotten some of them wrong, and we've built in flexibility to account for that, and do the right thing for our customers. we're not going to just disappear people from slack and email and pretend they were never here. communication channels will stay open through thursday evening (pacific) so everyone can say goodbye properly, and share whatever you wish. i'll also be hosting a live video session to thank everyone at 3:35pm pacific. i know doing it this way might feel awkward. i'd rather it feel awkward and human than efficient and cold. to those of you leaving…i’m grateful for you, and i’m sorry to put you through this. you built what this company is today. that's a fact that i'll honor forever. this decision is not a reflection of what you contributed. you will be a great contributor to any organization going forward. to those staying…i made this decision, and i'll own it. what i'm asking of you is to build with me. we're going to build this company with intelligence at the core of everything we do. how we work, how we create, how we serve our customers. our customers will feel this shift too, and we're going to help them navigate it: towards a future where they can build their own features directly, composed of our capabilities and served through our interfaces. that's what i'm focused on now. expect a note from me tomorrow. jack