Left Investment Bank 2006. Launched
BankToTheFuture 2010. Spoke at 1st Bitcoin conference & published 1st #Bitcoin book 2011. Angel Investor 100+
#BTC Companies
$3.3bn of revenue for MIC.
$3.3bn of debt for the US.
Thats called a stock market stimulus for the swamp.
Because Trump works for the swamp.
As did Biden.
As will Vance.
But sure.
Vote harder if it makes you feel better.
BREAKING: 🇺🇸🇮🇷 The US lost as many as 12 F-15E fighter jets with Iran — damaged and destroyed— according to Congressional report on US aircraft losses in operations against Iran
The F-15E count jumped from 4 destroyed to 12, adding another 8 from the Iranian strikes on Jordan.
Estimated replacement costs could reach $3.3bn
🚨 Bitget crypto exchange confirms $351.6m stolen in a major hack.
Interesting timing.
Just 7 days ago Bitget published Proof of Reserves showing a 135% reserve ratio.
🇺🇸 10Y Note Yield touched 5.20% for the first time in 19 years.
Mortgage rates are back above 7%.
That’s a lot of government, corporate, commercial real estate & household debt that will eventually have to refinance at significantly higher rates.
🇪🇺 That subjects fully reserved stablecoins to fractional-reserve banking risk.
If 60% of the reserves sit as deposits inside commercial banks, the stablecoin may be 100% backed on its own balance sheet, but 60% of that backing is now exposed to bank counterparty risk.
🚨BREAKING: 🇪🇺The ECB and all 27 EU central banks call to scrap MiCA’s rule forcing major stablecoin issuers to keep 60% of reserves in bank deposits.
They argue issuers should not face a minimum bank-deposit requirement because volatile stablecoin flows could expose lenders to sudden deposit withdrawals.
Instead, they want issuers to hold more reserves in highly liquid assets maturing within 1–5 working days.
🇸🇦🇮🇷 SOMETHING VERY INTERESTING IS HAPPENING IN THE STRAIT OF HORMUZ
Reuters reports Saudi Aramco loaded around 14 MILLION barrels of crude onto seven VLCCs at Gulf terminals on Sunday.
Satellite images reportedly show seven tankers around Ras Tanura.
🇪🇺BREAKING: ECB launches “Digital Euro” for banks as Pontes begins tokenized finance pilot.
President of the European Central Bank, Christine Lagarde announces The ECB is launching Pontes today, a platform that will connect private blockchain networks with the TARGET system, allowing banks to settle tokenized assets directly in central bank money.
“It's digital euro made available for banks,” the ECB says, allowing institutions to transact using tokenized assets and DLT “faster, without friction," she adds.
Pontes is the first step toward the ECB’s broader Appia ecosystem for tokenized financial markets, while consumer-facing digital euro testing is planned for mid-2027.
This is what it looks like when FIC negotiates regional stability while MIC extracts what it can as the forever war winds down
But the devil is in the detail
PACT is only a proposal
No money appears to have been committed and no shareholders governance rights or investment
NEW: Trump administration proposed a $5 billion investment fund ("PACT") to rebuild Middle Eastern energy infrastructure damaged in the Iran war, seeking matching contributions from eight Gulf/regional partners for a $10 billion total.
It's a tacit admission the seven-month conflict has wrecked regional pipelines and refineries.
Gulf officials are skeptical.
Rebuilding without a peace deal risks Iran targeting new infrastructure, and smaller states like Kuwait and Qatar still depend on the Strait of Hormuz regardless.
The fund would be managed by the US Development Finance Corporation, an agency that normally targets developing countries, not wealthy Gulf monarchies.
Source: WSJ
🇪🇺BREAKING: ECB launches “Digital Euro” for banks as Pontes begins tokenized finance pilot.
President of the European Central Bank, Christine Lagarde announces The ECB is launching Pontes today, a platform that will connect private blockchain networks with the TARGET system, allowing banks to settle tokenized assets directly in central bank money.
“It's digital euro made available for banks,” the ECB says, allowing institutions to transact using tokenized assets and DLT “faster, without friction," she adds.
Pontes is the first step toward the ECB’s broader Appia ecosystem for tokenized financial markets, while consumer-facing digital euro testing is planned for mid-2027.
🇪🇺 That subjects fully reserved stablecoins to fractional-reserve banking risk.
If 60% of the reserves sit as deposits inside commercial banks, the stablecoin may be 100% backed on its own balance sheet, but 60% of that backing is now exposed to bank counterparty risk.
🚨BREAKING: 🇪🇺The ECB and all 27 EU central banks call to scrap MiCA’s rule forcing major stablecoin issuers to keep 60% of reserves in bank deposits.
They argue issuers should not face a minimum bank-deposit requirement because volatile stablecoin flows could expose lenders to sudden deposit withdrawals.
Instead, they want issuers to hold more reserves in highly liquid assets maturing within 1–5 working days.
🇸🇦🇮🇷 SOMETHING VERY INTERESTING IS HAPPENING IN THE STRAIT OF HORMUZ
Reuters reports Saudi Aramco loaded around 14 MILLION barrels of crude onto seven VLCCs at Gulf terminals on Sunday.
Satellite images reportedly show seven tankers around Ras Tanura.