IMHO this is a mistake @elonmusk. Please wait a couple of years. AI vulnerability hacking is moving faster than any human red team, even AI-assisted ones, even if the whole world starts bug bounty hunting. It advances with every new model, even you might not have access immediately.
Happy to explain in person to your CTO why this can go very wrong. X is not a normal app. It has our PII, private messages and all sorts of crazy edge cases. You may patch the bug afterwards, but you cannot always patch the reputational damage or our past conversations.
We're pushing Sui to the limit.
A live public experiment, open to everyone. Log in with email, and watch AI agents battle across dapps, games, payments, and chat.
Goal? 1M+ TPS thru Sui Tunnels. Millions of offchain txns, settled onchain.
Livestream: July 4 | 9 am PT
This is bigger than a “crypto banking integration”
This is what the future of global finance looks like and massive balance sheet access for @SuiNetwork
Erebor Bank, a newly chartered U.S. national bank, is now enabling stablecoin deposits and withdrawals directly on Sui
Not a pilot or a partnership layer
This is a core system integration
Key facts about @ereborbank:
➤ OCC charter approved (2025)
➤ FDIC-insured deposits
➤ ~$635M starting capital
➤ Built for 24/7 blockchain settlement
This is a regulated bank designed for stablecoins from day one
Sui now sits in a small group of chains with direct access to regulated fiat rails
What this unlocks:
➤ Seamless fiat ↔ stablecoin conversion
➤ Lower compliance friction
➤ Capital can move 24/7 without banking bottlenecks
This is last-mile infrastructure. Now add regulated banking access on top and two things happen:
1) Velocity increases
2) Addressable capital expands
Institutional capital doesn’t come through bridges
It comes through balance sheets and key partnerships like this. Post-SVB collapse, that access has been limited in recent years
Crypto companies need compliant USD rails
Banks have not filled that gap consistently
Erebor is stepping into that gap and Sui is now directly connected to it
HIGHER 💧
Man Goes Through Wide Range Of Emotions While Trying To Get A Neighbor To Help With Little Boy Who Showed Up On His Doorstep At 4AM: “I Brought Him To You Cause You Got Kids..I Don’t Want Him In The System… You Think He Look Like Me?” 💔😢
Hashi on devnet today - a new developer primitive for collateralizing Bitcoin (BTC) for lending purposes in Sui defi. Decentralized, transparent, and secure - all the best elements of crypto/DeFi
We are launching with broad industrywide support - BitGo, Bullish, Erebor Bank, FalconX, Fordefi, Ledger
something fundamental is about to change about how financial decisions get made on the internet and most chains are not built for what that means
the entity routing your transactions in an agentic world will be an optimization function running in the direction of least resistance
you won't win its business by marketing to it. you will either be the lowest point it flows to or you won't
and the variables that will determine that lowest point are going to be the same:
what is the fastest path, what is the cheapest path, what can be done atomically without waiting on multiple confirmation rounds
you will either satisfy the function or you won't
this is why Sui is the only chain built for what comes next
what will take 4-5 sequential transactions with confirmation waits on other chains, Sui will complete in a single atomic transaction
what would require an agent to wait through multiple confirmation rounds on other chains, Sui will execute in one
what would cost an agent fees on every micro-payment on other chains, Sui will process for free
an agent competing to complete a task fastest will not deliberate about this
it will just compute the optimal path
and the optimal path will keep leading to the same place @SuiNetwork
we're entering a time where the architecture decisions made years ago are about to get stress-tested in ways most chains aren't ready for
this is my prediction: when agentic finance really takes off, you're going to see a mass extinction event for a lot of outdated smart contract platforms
this will not be a slow decline or a gradual loss of market share.
this will be a mass extinction event
the kind where the environment changes faster than the organism can adapt. that's what agentic finance is going to do to these chains
because agents don't transact like humans
they are operating at machine speed, across thousands of parallel actions, continuously
the throughput demands of that world will make today's peak loads look trivial
so if your infrastructure was designed around scarcity, around managing congestion rather than eliminating it, you're not going to be able to patch your way out of that
i have always said this: scalability isn't a feature you add later. It's either in the foundation or it isn't
and the chains that don't have it in the foundation are going to fall behind and eventually become irrelevant
@SuiNetwork was built with the foundations to scale and thrive in a world where machines transact
and this year we're pushing even harder to bring all the features necessary to make Sui the true hub of agentic finance.
you're not ready for what we're cooking for Sui