Magiltharan

[Run Your Money @runyourmoneyrh]

0x516c0878acca15e7eb2f6a401b5b6cd2a0f9f455

[Michael Saylor @saylor]

Hard consensus is Bitcoin’s immune system. Fees price block space. Nodes set policy. Miners build blocks. Holders allocate capital. Protocol changes must earn overwhelming alignment, so bad ideas fail before becoming iatrogenic protocol changes. $BTC

[Mario Nawfal @MarioNawfal]

🇺🇸 Elon revealed his goals for @Neuralink:

- Restoring speech to people who can’t talk.
- Giving sight back to the blind.
- Helping paralyzed people walk again.

He called it straight up “Jesus-level miracles”

“When technologies are hitting Jesus-level miracles, that’s pretty good.”

Writer: Val

[Neuralink @neuralink]

The dura is the brain's armor: a membrane so tough that a surgeon normally cuts through it with a scalpel. For the first time in our clinical trials, we inserted the electrode threads of our implant straight through the dura and into the cortex, keeping the dura intact.

Here's how we did it 🧵

[Carl Moon 🌙 @carlmoon]

TRUMP'S FAMILY HAS RUINED CRYPTO

Over $50,000,000,000 in investors' wealth has been wiped out from Trump's-related crypto ventures.

$TRUMP crashed 98%, wiping out $17 billion.
$ABTC crashed 95%, wiping out $12 billion.
$WLFI crashed 85%, wiping out $12 billion.
$MELANIA crashed 99%, wiping out $10 billion

[Brian Armstrong @brian_armstrong]

Agentic commerce isn’t priced in yet. Machine-to-machine payments will increase demand for the digital dollar beyond current estimates.

The agentic economy could be larger than the human economy. We're building the infrastructure for both at Coinbase.

[H.E. Justin Sun 👨‍🚀 🌞 @justinsuntron]

This Is World Tyranny, Not World Liberty Financial — Here's Why

This proposal has been packaged as a "governance alignment signal" and a "long-term commitment," but strip away the packaging and what you have is one of the most absurd governance scams I have ever seen. Let me break it down.

I. Vote Against and Get Punished — Classic Coercion Tactic

This is not a legitimate voting exercise, not even close.  The design of this proposal is a logical trap: anyone who votes against it has their tokens locked indefinitely with no unlock path whatsoever.

In other words, if you oppose this proposal, you get punished. This is not voting. This is coercion. What kind of democratic process rewards agreement and imprisons dissent?

II. Voters Have Been Selectively Frozen Out

I personally hold approximately 4% of the voting power, yet my tokens have been frozen and I am forced out of this voting process.

I am not alone.

A large number of holders with significant voting rights are in the same position. Meanwhile, the team controls the power to freeze tokens — they decide who can vote and who cannot. What does this mean? It means the outcome was determined before the vote even began.

This is not a governance vote. This is a performance where the police have already barricaded the doors of parliament and only let their own people inside to raise their hands. The voter pool has been purged. Only yes votes remain.

The result of such a vote carries no binding force whatsoever.

III. All Actual Power Has Been Seized by Anonymous Actors

The actual control over the WLFI smart contracts lies in the hands of a 3/5 anonymous multisig and a single anonymous guardian EOA has the power to blacklist addresses holding WLFI.

Let me emphasize — anonymous.

This anonymous multisig can override any vote result and execute any operation directly at the contract level. The so-called governance proposals, on-chain votes, and community discussions are nothing but theater. Real power has never been yielded to anyone but themselves and it’s laughable that they try these tricks to fool the community.

The bottom line is this, the power sits with anonymous wallet addresses whose owners nobody knows or can verify. This is not decentralized governance. This is dictatorship wearing the mask of a DAO.

IV. Voters Must Identify Themselves, but the Rulers Are Anonymous — Worse Than Tyranny

Here is the most ironic part: WLFI requires every participating voter to complete identity verification, electronically sign acknowledgements, and meet compliance eligibility requirements. You want to exercise your rights? Show your face first.

But who are the guardian and multisig signers who hold the power of life and death over the contract? Nobody was told and there is absolutely no transparency.  While the governed must identify themselves, the governors with absolute power are anonymous. Your voters must register, submit to scrutiny, and be vetted and dictated how to vote— while your dictators won't even show their faces.

V. A Naked Violation of Property Rights Worth Billions of Dollars

Let us not forget the real stakes of this proposal: this is not some trivial parameter adjustment or protocol upgrade. This vote seeks to decide the unlock schedule for billions of dollars in assets, the reallocation of governance and vesting rights, and most extreme of all, the permanent destruction of billions of tokens. This is a naked expropriation of holders' property rights.

In an environment where voting against the proposal is punished, where large numbers of holders have been frozen out of voting, and where actual control rests with anonymous wallets, using this sham vote to decide the fate of billions of dollars in assets?

This is not governance. This is a sham and flies in the face of what this protocol was meant to be. No society governed by the rule of law would permit this. In traditional financial markets, any asset disposition of this scale would require rigorous regulatory review, independent board approval, and minority shareholder protections.

Here, a few anonymous wallets get to decide everything. The permanent burning of tokens means holders' property is irreversibly destroyed, no compensation, no recourse, no due process. This has gone far beyond the realm of so-called "decentralized governance." This is a systematic violation of property rights.

Conclusion

I repeat that this proposal is not governance. It is an exercise of power by the selected few who are carefully engineering a further power consolidation and property expropriation operation.

Dissenters are punished for voting no. Opponents are frozen out. Actual control lies with anonymous wallets. Those who exercise their rights must prove their identity while the fate of billions of dollars in assets is decided by a sham vote.

This is not what decentralized finance was meant to be, results produced under these sorts of conditions carry no legitimacy, should not have binding force, and should not be recognized.

I call on all WLFI holders to see this proposal for what it truly is, to voice their opposition across all public channels, and to reserve all legal rights of recourse.

[Justin 🅿️ebis 🎀 @justinbebis]

A lot of people asking me about x402 and 8004.

Let me put it as simply as possible:

x402 = ERC20
8004 = Etherscan

x402 lets you pay for API access directly, per call. This is being applied mostly to AI agents right now. This paywall doubles as a security measure, as users can't spam your API for free. It also removes the need for authentication and API keys.

8004 is a registry of AI agents on the blockchain. These agents each have an associated wallet. This is important because it allows anyone to search the registry for the agent they need, then pay directly for inference with x402.

Much like the power of composable, permissionless smart contracts and tokens, this will allow teams to build expansive networks of agents that work together to accomplish complex goals without a need for intermediaries.

Hope this helps.

[CZ 🔶 BNB @cz_binance]

Prediction: Bitcoin will flip gold.

I don't know exactly when. Might take some time, but it will happen. Save the tweet.

[Magiltharan @Magiltharan1]

🚨 The largest liquidation event in crypto history hit yesterday!

💥 Covid crash (Mar 2020): $1.2B
💥 FTX collapse (Nov 2022): $1.6B
💥 Today: a staggering $19.16B

That’s nearly 20x bigger than the Covid crash. Markets are getting wiped out.

[Jukov @JukovCrypto]

$DEVELOPER - 18 years of Dev-Community meets @solana

While mostly memecoins dominate SOL, something different is being built here: $DEVELOPER (@developercamp_) is built to fund builders, hackathons, and innovation – and the startups born from it can use their revenues for buybacks, channeling real value back into the token.

➰A Loop unlike anything else in crypto:
Funding → Builders → Apps/Startups → External Revenue → Buybacks → stronger token/higher interest → more funding.
=> So far 3 projects coming from the Developer Camp, incl. the Founders own Company, commited to it already, while the token is barely 2-3 weeks old.

One of the most bullish flywheels in crypto – and probably the most realistic approach to the ICM narrative.

And if you think: "Sure sounds good, but there are other Coins doing the same thing - this is just a nice vision, nothing more" – ...then keep reading. Because I genuinely never seen a more promising foundation for it to work out.

____________________

➡️ History:
Developer Camp has been around since 2007 – founded just weeks after the iPhone launched.
It became the launchpad for projects that literally shaped tech history:
✅ Square – Founders met here
✅ OAuth – born here
✅ Temple Run – one of the most iconic mobile games ever
✅ Getaround – IPO 2023
✅ Starbucks’ first app was built here
...Oh, and TestFlight – Apple’s official iOS developer suite – also traces its roots back to Developer Camp.

____________________

➡️ Founder:
@dom is no random founder (as you can tell by his 3-letter username on the worlds biggest Social Media app lol).

He was a co-creator of Twitter, built Obama’s iPhone app (praised by Steve Jobs), and advised companies like Square, Disney-acquired startups, and Walmart Labs exits.
He's a Harvard graduate, worked at Adobe, & authored "140 Characters" – the manifesto that captured Twitter's core essence of short messaging.

Today he’s building Gray Whale (AI ecosystem) & Archipelo (developer security), while bringing all that firepower back into Developer Camp by comitting to use 1% of the Revenue created through API Calls to buy back the $DEVELOPER token with it. A founder who leads by example.

____________________

➡️ Network:
He is deeply connected in Silicon Valley as you can also see if you check out re-occuring judges & Sponsors for the Developer Camp:
▫️ Bill Tai – early backer of Zoom, Canva, Dapper Labs
▫️ Dave Andre – CSO @ Google X
▫️ Amanda Terry – OnChainMonkey, ex-Twitter/NBC
▫️ Brian J. Baumann – Director of Capital Markets, NYSE

____________________

➡️ To sum it up:
$DEVELOPER redirects 1.5% of every transaction into hackathons, grants, and programs. Winner of these Hackathons were insanely successful apps in the past with 100s of millions of users. These apps can directly integrate an automated buy-back mechanism, where they commit to spend 1% of their created revenue to buy back the token from the open market. This fuels a fly-wheel for the Token price as well as for the funding of future Hackathons. All while the founder is a giga stacked founder with an insane network into financial-, Internet- and AI-Markets.

If ICM ever takes off, this right here is my bet for it.

A Launchpad which created OAuth (became the de-facto standard protocol for logins on any app), TestFlight (Apples very own developer suite) or TempleRun (1bln Downloads in AppStore)...

Sitting at $4m market cap.

> Dexscreener:
https://t.co/uahA3xwB4K

➡️ What kind of market cap do you think a real-world launchpad with 18 years of proven history truly deserves?

[Magiltharan @Magiltharan1]

@solana @HanzoYasunaga @VitalikButerin @Aster_DEX @BNBCHAIN @cz_binance 6/
TL;DR:
ETH → slowly becoming a dead chain except for RWA plays
SOL → evolving into a utility chain after its meme era
BSC → rising from the ashes with memes + utility
AVAX → still worth watching for future moves

The game is changing. Don’t sleep on it. 👀

$BSC $ETH $SOL

[Magiltharan @Magiltharan1]

The market is shifting in a big way right now. 🌐
Chains are changing roles:
Solana is moving from memes → to utility
ETH feels like it’s losing steam
BSC is rising from the ashes
AVAX still shows hidden potential

Here’s a breakdown of what’s happening and why it matters. 🧵

[Magiltharan @Magiltharan1]

@solana @HanzoYasunaga @VitalikButerin @Aster_DEX 5/
@BNBCHAIN also leaning into memes to attract retailers + liquidity, just like SOL did.
With strong OGs on BSC @cz_binance, you cannot count them out.
They’ve been here before - and they know the meme + utility combo works.

[CZ 🔶 BNB @cz_binance]

Why BNB reach $1000?

Good question. No one knows for sure. Correlation does not prove causation. But here is a incomplete list of possible reasons.

People tend to give me too much credit. I didn't do much. I am not technically involved like Vitalik. I am at best a mascot, but more just a community member.

First and foremost, I think the new pro-crypto US Administration probably made the biggest difference. Their stance influences not only US, but most countries in the world. Most countries now adopt a pro-crypto stance. This is a significant lift for the industry. Rising tide lifts all boats.

Earlier this year, memes made a come back on BNB Chain. I actually made some mistakes that may have hindered meme coin progress on BNB Chain. I never aped meme coins before. In my clumsy learning, I may have caused some PVP, which divided the community a bit.

During the same process, I learned about the negative impact of MEV attacks (again under public eyes). BNB Chain devs, nodes, block builders, wallets, DEX, and other players subsequently spent quite a lot of effort in reduce MEV attacks.

At the same time, BNB Chain improved from 3 second block time to 1.5 seconds, and then again to 0.75 seconds.

Capacity also improved significantly.

Gas fees on BNB Chain was reduced by 10x overnight, making it one of the lowest fee blockchain.

Transaction volume further skyrocketed. BNB Chain becomes the highest transaction volume chain.

Binance Alpha removed the need for project tokens to go to smaller exchanges for listings first. Hence provided a far more streamlined process for projects to progress from DeFi to CeFi. I was not involved in the Alpha design at all. I learned about it on X.

With the come back of meme coins, BNB Chain also saw its transaction volume increase in other sectors, such as stablecoins, DEX, AI and RWAs.

WLF issued the first native stablecoin USD1 on BNB Chain, further boosting the stablecoin liquidity on chain. The previous native stablecoin BUSD (not issued by Binance), was shut down by NYDFS in 2023, just before the 3 banks (Silvergate, Signature, Silicon Valley Bank) where shutdown, leaving a gap that was finally filled by USD1. USD1 grew quickly.

Multiple RWA issuers deployed on BNB Chain.
Hundreds of AI projects deployed on BNB Chain
BNB Chain burned $1.6 billion worth of BNB in the last quarter, and also billions in the previous quarter. People often ask, why burn $1.6 billion? why not spend it on marketing? Well...

SEC dropped their lawsuit (filed under Gary Gensler) against Binance, Binance US and me personally in May. Removing the last attack on BNB potentially being a security. I am not a lawyers, this is my layman understanding. Could be off. But it was definitely good news for BNB.

YZiLabs (and other VCs) invested / incubated dozens of strong projects on BNB Chain.

Existing projects on the chain doing well. Pancake Swap handling huge volumes. Lista competing with Venus on DeFi lending. Four launching memes and RWAs. Aster's awesome TGE...

Multiple DAT companies buying BNB, in the hundreds of millions each.

More builders on BNB Chain. Strong community support. (Thank you! 🙏)

... many other reasons I don't even know about ...

Lastly, the 0.25% rate cut yesterday definitely helped in some way too, even though I don't fully understand it.

Mostly importantly, I expect much more to come from this vibrant ecosystem. Keep building! 👍

[Magiltharan @Magiltharan1]

@coingecko @CoinMarketCap

[Magiltharan @Magiltharan1]

Just opened CoinGecko after years... and the crypto landscape feels unrecognizable.

Wrapped coins, USD-pegged tokens, BlackRock funds, PayPal USD — it's a whole new game out there.

Here’s what stood out to me 🧵

[Magiltharan @Magiltharan1]

4/
Crazy how the narrative flipped...

In the early days, the biggest fear was:
"What if BTC goes to zero?"

Now, BTC is seen as the safe asset —
while the real uncertainty lies in this growing maze of wrapped tokens and institutional products. 🌍
$BTC $ETH $BNB $SOL