EXCLUSIVE:
With the publication of my book today, I can finally announce: in the course of writing my book, my sources and I believe we uncovered the identity of the Ethereum's 2016 DAO hacker.
Don't miss Bits + Bips today! 🎉
Tune in at 4:30pm ET/1:30 PT here on X or YouTube! @ramahluwalia and @Steven_Ehrlich are joined by guests @perkinscr97 and @thetinyant to talk about the biggest news in macro x crypto.
Make sure to follow @bitsandbips for more!
Crypto’s open secret: insiders keep winning 🕵️♂️
Bubblemaps’ @nickybubbly breaks down:
😲 The involvement of Hayden Davis, Naseem and Sahil Arora in recent launches
📌 How “presidential” & celeb coins get sniped
🧩 One-sided LPs that hide selling
💥 $WLFI's 10x winners—and what retail missed
Is user protection failing, or just missing?
Timestamps:
⏱ 0:00 Introduction
🔍 0:56 How Nick verified Trump’s memecoin was legit but Melania’s looked fishy, and how that led to Hayden Davis
🕵️ 8:00 What role Davis played in other shady memecoin launches
🎤 10:51 How Davis was tied to Kanye West’s $YZY token
⚡ 15:48 How sophisticated snipers find tokens onchain before everyone else
❓ 21:28 How Davis recovered frozen funds, and does this mean “crime is legal” in crypto?
👑 27:16 Why do celebrity memecoins almost always collapse
🎯 31:30 How are snipers plaguing the industry
😈 37:14 What tactics has Sahil Arora, the “crypto villain,” been accused of
🛠 40:51 How should the industry respond to these kinds of token launches
📈 46:07 How Justin Sun made a 10x on WLFI
👨💻 49:27 What’s Nick’s background and why he created Bubblemaps
🔮 53:32 How Bubblemaps plans to stand out from competitors
Thank you to @Re Protocol for supporting the podcast!
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In today’s Unchained Daily:
🪐 Solana’s Alpenglow upgrade is “bicycle to hyperloop”
🤑 Gemini heads for Wall Street with $2.2B IPO
📜 Regulators finally spell out spot crypto rules
🪙 Ethereum Foundation sparks debate with $43M ETH sale
🎯 Read it now… and make sure you never miss one. Subscribe!
https://t.co/OYErz3Suwy
In today’s Unchained Daily:
🤑 WLFI unlock makes Trump family $5B richer
⚒️ Ethereum retires Holešky, moves to Hoodi testnet
🚀 DEXes break $1.1T monthly volume record
🎯 Read it now… and make sure you never miss one. Subscribe!
https://t.co/LNwjd3pjGk
Some criminals (eg Lazarus or spearphishers) are using an AI deepfake of me to try to compromise devices and steal crypto.
I will NOT cold DM you, ask you log into Zoom, or download anything. Stay frosty.
In today’s Unchained Daily:
• 🚨 WLFI unlock day — $30B project in motion
• 💸 TRON just made USDT transfers cheaper
• 🐶 Musk’s top lawyer tapped for DOGE fund
🎯 Read it now… and make sure you never miss one. Subscribe!
https://t.co/EY2ntL7s3P
> "twice as fast as solana"
i) wrong, this deliberately takes the concept of shreds from Solana and then compares them to the concept of blocktimes instead. if you compared them to shreds, then solana is 30-50ms faster. in fact, I did this test this week
importantly, it is faster while not being a centralized server
ii) even if you compared them to finality for example, solana with alpenglow will have finalization with a global validator set in 100ms, which is 2x faster than a centralized multisig
read that again ^. Solana will reach finality with thousands of nodes and censorship resistance TWO times faster than a centralized server
> re sequencers
jito's BAM provides all the same benefits as what luke says but actually on the L1 and in a permissionless way where one giant corp doesn't fully control the sequencer, which is no different than tradfi
> re 80-90% being "extracted".
i) that's not even close to the actual number, just made up
ii) the actual number has been steadily declining over time as engineers all over the ecosystem are solving the hard problems instead of giving up on all blockchain ideals and saying let's just use centralized servers instead — ppl are literally iterating on market structure with prop AMMs and giving better spreads than 0.5bps
that said I agree that solana technically has the highest amount of retail "extraction", since it does have the most retail and activity. and just like every other time, we will solve the hard problems and make the experience better than all others
Memecoin casinos vs. fair markets 🎰⚡
🌶️ @LukeYoungblood throws shade: Solana’s ecosystem extracts 80–90% from retail, while Flashbots is building sequencers to protect traders