Brian Wong

General Partner, Ascii Ventures. Prev. Founder at Kiip. Nomad by choice. Explorer. Author of @CheatCodeBook

[Webacy @mywebacy]

One protocol collapsed this weekend and took two other things down with it.

Each for a different reason. 🧵

[Marvin Liao🇺🇸🇨🇦🇯🇵🇹🇼🇺🇦🇮🇹🇸🇦🇦🇺🇦🇱 @marvinliao]

This place is lit. The Reindustrialize Summit in Detroit is the place to be.

Incredible energy here. Makes me optimistic for America and feels like less of bubble than in SF.

(Also unlike SF, very few grifters and douchebags. Thank God)

[REINDUSTRIALIZE SUMMIT @reindsummit]

“When you think about a supply chain, it’s an entire nervous system. There’s a lot of connectivity needed to deliver our parts to our plants every day.”

-Elizabeth Door of @Ford in fireside chat with @aphysicist

[Bradley Rothenberg @brad_rothenberg]

reindustrialize day 1, love the newspaper. Now @EdwardMehr @jimbelosic @billythalheimer talking building at scale

[Brian Wong @brian_wong]

@WizLikeWizard Yooooooo

[Webacy @mywebacy]

A "stablecoin" lost ~50% of its value and nobody noticed.
(except for us)

The industry has the ability to surface this risk information and they choose not to.

It wasn't a small or unused token.
It was missed because crypto still has a massive information problem.

$RZUSD 🧵

[TFTC @TFTC21]

Anthropic just published a support page that should terrify anyone holding its shares on the secondary market.

"Any sale or transfer of Anthropic stock, or any interest in Anthropic stock, that has not been approved by our Board of Directors is void and will not be recognized on our books and records."

Void. Not restricted. Not pending review. Void.

That means if you bought Anthropic shares through Forge, Hiive, or any other secondary platform without board approval, you are not a stockholder. You have no stockholder rights. Your transaction is invalid.

It gets worse. Anthropic says it does not permit SPVs to hold its stock. Any transfer to an SPV is void. Investment funds claiming to offer indirect exposure are "most likely relying on mechanisms that attempt to circumvent our transfer restrictions." Forward contracts, tokenized securities, synthetic exposure products, all of it potentially worthless.

Their advice to investors: "Assume that it is invalid."

There is a multi-billion dollar secondary market in Anthropic shares right now. Platforms are pricing the stock at $265-$1,400+ per share based on a $380 billion valuation. Real people have put real money into these positions. And Anthropic just told them none of it counts.

This is the purest possible illustration of counterparty risk. You can buy a share of a company and have the company itself declare your ownership void because you bought it through the wrong channel.

[Brian Wong @brian_wong]

@mvanhorn Legendary

[Matt Van Horn @mvanhorn]

https://t.co/aBSXfwjdWl

[Brian Wong @brian_wong]

@mvanhorn He is a legend

[Matt Van Horn @mvanhorn]

https://t.co/KJIn1mqJ6g

[Charles Schwab Corp @CharlesSchwab]

Schwab Crypto™ is on the way. Schwab Crypto accounts (offered by Charles Schwab Premier Bank, SSB) will provide direct access to Bitcoin and Ethereum trading, in-depth digital assets education, and more. Read the full press release: https://t.co/OboCPUGAAa

[Flight3 ✈️ @Flight3official]

After Day 1 of @ParisBlockWeek, here’s what we’ve got lined up next👇:

• Join @JolyOnChain on the Mona Lisa stage tomorrow as he covers what LPs actually want, with @danheld, @brian_wong, and others!

• Stay tuned for all the insights and BTS from the F3 Media House 👀

• @StandWCrypto_EU's European Policy Reception is underway as the room fills up at Coinbase House tonight

• Our very own @arianemurphy_ back in action

Stay locked in as we tell the story from Paris in real time🇫🇷

[The Rollup @therollupco]

FT @brian_wong

[Armani Ferrante @armaniferrante]

I'll probably get attacked for saying this, but every team in crypto should use this as an opportunity to slow down and focus on security.

If possible, dedicate an entire team to it.

I know how hard it is. There's an enormous amount of pressure to grow at all costs. Your runway will pressure you. Your investors will pressure you. Your token holders will pressure you.

But you can't grow if you're hacked.

Take time to stop what you're doing, stop stressing about growth, and audit your whole stack. Custody. Risk. Dependencies. Access control. Everything. The world will still be here when you get back.

Focus on the safety of your users' funds above all else. In the long term, this is the most important requirement to grow.

[Cipher @CipherResearchx]

DeFi exploits in 2026 so far:

Step Finance → $27.3M
Truebit → $26.2M
Resolv → $25M+ (today)
SwapNet → $13.4M
YieldBlox → $10.97M
SagaEVM → $7M
Makina → $5M
IoTeX → $4.4M
Aperture Finance → $3.7M
Venus Protocol → $3.7M
CrossCurve → $2.8M
Solv Protocol → $2.7M
FOOMCASH → $2.3M
Moonwell → $1.8M
TMX → $1.4M

Total exploited since Jan 2026: ~$137M+

It's only March.

[Paris Blockchain Week @ParisBlockWeek]

#StartInBlock 2026 Top 100 Is Here!

1000+ Founders applied, and these are the most promising early-stage startups in Web3, filtered, evaluated, and selected as the 100 best candidates.

Get your VIP INVESTOR TICKET to access the DEAL FLOW, pick the 12 finalists, and hear them pitch in Paris at the Louvre.

Grab Your Investor Ticket with code: PBWINVESTOR

First 10 tickets get 25% off: https://t.co/UktYnYHtTh

The 12 finalists will be announced to pitch in front of our amazing sponsors and partners @bit2me, @SpectrumNodes, @Cardano_CF, @AdevarLabs, @ai, @yzilabs, @oviohq, @PitchBook, @DraperDragon, @0xProject, @deel, @DraperVC, @Bpifrance, @Taisu_Ventures, @brian_wong, @LBV_VC, @edenblockvc, @cryptocom, @halo__xyz, @50Partners, @Dune, @MCSocialVenture, @CoinMarketCap, @Cointelegraph, @Sony_Innov_Fund, @trgcapi, @strobefund, @BanklessVC, and @Maven11Capital, and jury members @samizb (@draperdragon), @mfelicepace (@Spectrumnodes), @tkstanczak (@nethermind), Cosmin Staicu (@bit2me), and Jessi Brooks (@RibbitCapital).

Let's take a look at who made it to the top 100 👇

[Watcher.Guru @WatcherGuru]

JUST IN: Billionaire Stanley Druckenmiller says the global payment system will run on crypto stablecoins within 15 years because they are more efficient.

[Brian Wong @brian_wong]

@KashRazzaghi @Mastercard Legend

[Bitget Wallet 🩵 @BitgetWallet]

@Mastercard when you watched 70 secs of a video but didn't see your name