CoZa 🌱 Sec

[. 🌱 @dobetter26]

1,000 lines of code per day is a lot

[Circuit DAO 🌱 @Circuit_DAO]

Multiple vaults liquidated during the sell-off today.

Borrowers, make sure you top up collateral in time!

Easiest way to monitor your vaults is to set up a price alert on @CoinMarketCap or @coingecko for your vault's liquidation price + safety buffer.

[CoZa 🌱 Sec @CoZa_Sec]

@hadamcik Thanks for the reminder and organizing it 👍. Will login later and see the full list.

[CoZa 🌱 Sec @CoZa_Sec]

Any news about Chia Amsterdam?

@hadamcik

[CoZa 🌱 Sec @CoZa_Sec]

@hadamcik I wasn’t really following the development who is also attending there from CNI?

[CoZa 🌱 Sec @CoZa_Sec]

@hadamcik So I guess I have to get a ride to Amsterdam. Just have to check if my calendar collision can be solved first.

Really want to meet you guys again.

[Jakub Hadamcik🇪🇺🇨🇿🌱 @hadamcik]

@CoZa_Sec It's still happening. What news would you like? 😅

[jde5011.xch🌱 @jde5011]

#chiafixesthis

[CoZa 🌱 Sec @CoZa_Sec]

@MatthewSHintz @hoaorangutan @EL_Asadon Would be a good time to get some payout from the Solslot the DACs 😁

[Austin Campbell @austincampbell]

Referencing @hoffmang and the original PGP encryption saga today on @bitsandbips as we talk about Anthropic...

What is new is old and what is old is new.

[Ricardo @Ric_RTP]

Wall Street just pulled off the exact move that turned 2008 from a housing problem into a global collapse.

They turned Nvidia graphics cards into bonds, stamped them investment grade, and started selling them into the funds that hold retirement money.

Here is what happened while everyone was busy arguing about whether AI stocks were overvalued:

The company at the center is CoreWeave, which rents out Nvidia chips to AI companies.

To buy those chips, it borrows enormous sums, and the collateral on the loans is the chips themselves. That alone is alarming because a graphics card LOSES most of its value within a few years as the next generation makes it obsolete.

You are lending against an asset built to rot.

In January, Nvidia invested $2 billion straight into CoreWeave, which then used borrowed money to buy more Nvidia chips.

On March 31, CoreWeave closed an $8.5 billion loan backed by its chips, and for the first time the rating agencies stamped that chip-backed debt investment grade, with Moody's assigning it an A3.

Debt secured by depreciating graphics cards was rated nearly as SAFE as a blue-chip corporate bond.

Then on May 18, CoreWeave closed the first chip-backed facility designed to be publicly syndicated and traded on secondary markets.

And that's the part that really matters because it means this debt can now be sliced up, passed around, and bought by anyone, including the bond funds and pension managers who are required to hold "safe" investment-grade paper.

On June 11, it announced another $3.5 billion in bonds on top of all of it.

Now compare this to what happened in the past:

Subprime mortgages in 2007 were not dangerous because some people got loans they couldn't repay...

They became a global bomb the moment that debt got rated AAA and sold into the wider financial system, because the rating is what let it bleed into money market funds, pensions, and bank balance sheets that were supposed to be boring and safe.

The bad loans were the spark but the packaging and rating were the detonator.

And that detonator just got built for AI.

Debt backed by graphics cards is now rated investment grade and trades on secondary markets, which means the AI bubble is no longer trapped inside tech stocks you can choose not to own.

It has been quietly converted into bonds and routed toward the retirement accounts of people who have never typed a single prompt in their lives.

And the whole structure rests on a backlog of customer "commitments" that CoreWeave values at nearly $100 BILLION, backed by a $21 billion Meta deal and a $6 billion Jane Street deal.

Those are promises to pay over many years, made by AI companies that are themselves mostly unprofitable and burning cash. If even a few of those customers slow down or walk away, the collateral sitting under all this rated debt is a warehouse of chips losing value by the month.

The AI bubble used to be a stock-market story you could opt out of. But as of this spring, that isn't the case anymore.

So here's the real question:

When the people packaging this debt swear to you that it's safe, who do you think is standing on the other side of that trade?

[XY_03012009 @XY_03012009]

🔥 UNPOPULAR OPINION:
The Chia and ZCASH Blockchains are the ONLY secure Blockchains for the new AI-era as of today.

ZEC is going to be tested on a daily basis right now.
Chia is going to be hardcore explored during its S-1 Filing.

The next 6 months is going to PROVE that I am right.

These two are built different:
🛡️ Zcash (ZEC): Zero-knowledge privacy that actually holds up when AI starts de-anonymizing everything on transparent chains.
🔒 Chia (XCH) — Proof-of-Space & Time. Energy-efficient by design. Already fighting the “AI Siege” on blockchain code and consensus. Decentralized. Tamper-proof. Built for sovereign data and private value transfer in an AI-dominated world.

The filter is coming. Only the actually secure chains survive.
Who else sees it?
#Chia #XCH #Zcash #ZEC #AI #Blockchain #Crypto

[World of Engineering @engineers_feed]

Most people know the Titanic had too few lifeboats.
Fewer people know that one engineer tried to stop it. [1/7]

[jde5011.xch🌱 @jde5011]

Once you figure this out. You unlock true self confidence. Nobody knows. Just do things. Nobody can stop you and no expert knows better most of the time. In fact I'd argue when they do."know better" they just got lucky or you haven't explored the whole solution space yet.

[Robert ₿reedlove @Breedlove22]

The Red Queen hypothesis is a foundational idea in evolutionary biology: species must constantly adapt, evolve, and change simply to survive and maintain their position relative to the other species they interact with. If they stop evolving, they risk falling behind and going extinct.

The name comes from Lewis Carroll’s Through the Looking-Glass (1871). The Red Queen tells Alice: “Now, here, you see, it takes all the running you can do, to keep in the same place.” In evolutionary terms, organisms are perpetually “running” (adapting) just to stay in the same relative fitness position because their antagonists are also evolving.

[Gene Hoffman hoffmang.xch 🌱 @hoffmang]

Fixes have been made to perps.permuto.captial. Your agent can find some of them but the full context is in the svPerps discord channel

[Permuto Capital @permutocapital]

The countdown is on. The Permuto Volatility Cup begins Monday, June 15th. Are you ready to master the Permuto svPerps volatility?

[Gene Hoffman hoffmang.xch 🌱 @hoffmang]

Innovating with Intent: A Permutation of Permuto
https://t.co/u1YiYzOmOk

[CoZa 🌱 Sec @CoZa_Sec]

@jde5011 https://t.co/ld4MbJrRzl

[CoZa 🌱 Sec @CoZa_Sec]

@jde5011 @bramcohen Percolation Point reaches