Tom C.

I’m The Butcher—not in the mob kind of way, but more in the BBQ and coding kind of way.

[gemchanger @gemchange_ltd]

Jane Street visualization

This is what $324K in 25 days actually looks like on Polymarket

I started tracking a fresh 15-minute market from the second it opened.

The visualization reveals:
Bot enters one leg after market opens.

Waits for spread dislocation. Enters the opposite side when price shifts.

Total position cost: 84-96 cents. Resolution payout: $1. Both sides held simultaneously.

Daily PnL: $5K-$33K.

Account:
https://t.co/19llkX6UrS

[ZachXBT @zachxbt]

NEW LEAK: Price sheet of 200+ crypto influencers and their wallet addresses from a project they were recently contacted by to promote.

From 160+ accounts who accepted the deal I only saw <5 accounts actually disclose the promotional posts as an advertisement.

[TuongVy Le @TuongvyLe12]

1/ Today we’re publishing Crypto and the Evolution of the Capital Markets. Skeptics like to say crypto is a solution in search of a problem, but in reality, it’s an answer to a decades-old one that the traditional securities markets still haven’t fixed: the lack of a more direct, efficient, and trustless system for owning and trading assets. Blockchain and tokenization represent a natural evolution of the capital markets, the same way the move away from paper stock certificates did, half a century ago.

[Def777.base.eth @Def7771]

1/
Every DeFi launch on a new network is like Groundhog Day.
📉 No users
💧 No liquidity
💸 No point
And every time you start all over again. But I found a way out. 👇🧵
@Sagaxyz__

[Hari @hrkrshnn]

This is why I left the Ethereum Foundation.

There is a lack of a clear and cohesive vision for Ethereum and EVM, making progress in EVM impossible.

I've seen EVM changes repeatedly shut down because they don't check a certain box. The issue is that everyone has a different opinion on what these checkboxes should be, each contradicting the other. So nobody can agree on any changes. There was a single change in the EVM in the last five years (transient storage), and it almost got shut down at the last minute and did not make it!

Ethereum needs people who are willing to "disagree and commit." Without this, the only feasible path is ossification—no more changes. And ossification leads to stagnation followed by death.

On keeping Ethereum simple: Many of Ethereum's current challenges are engineering problems. Complexity is unavoidable past a certain point because the real world is inherently complex. The solution isn't to halt progress and ossify but to invest more in testing, engineering, and security. Separately, Ethereum needs to focus less on research and more on shipping. It should also be much more ambitious: we must ship one hard fork each quarter.

At times like these, Ethereum should reflect on what went wrong over the past five years and work on fixing it. If Ethereum operates exactly the same way it has for the last five years without any change, it will produce exactly the same result.

[Edge @EdgeWallet]

This guy stole $3.3B and then hid it in a Cheetos popcorn tin.

Meet Jimmy Zhong.

In 2012, he found a loophole on the Silk Road website, so he drained 51,860 bitcoins.

For 9 years, he evaded the authorities, until he made one tiny, unbelievable mistake:🧵

[Tom C. @Tom0x49]

@benln I'm still working and it 3am.

[Outlier Ventures @oviohq]

We’re looking to connect with more #Web3 founders, innovators, and creators.

Engage with this post if you need a follow 👋

[Tom C. @Tom0x49]

If you bought $100 of Bitcoin when in June 2024, it would now be worth about $1,500,000.

Me in 2032

[Albert Mao @AlbertZMao]

My co-founder and I live in NYC making $40K / year as YC founders even after raising millions.

That's $9.61 per hour (based on 80 hour work week).

Many people think that if a founder raises millions, it makes them a millionaire.

But here’s the reality of being a founder:
- I am on my parent’s health insurance
- I share a 1 bedroom apartment with my co-founder to cut costs
- I eat microwave meals because they're fast and cheap
- I take the subway everywhere instead of ubering

We could be making 5-10x more in our past corporate jobs.

When we started @VectorShiftAI, a no-code platform that allows anyone to build AI workflows, we decided that we needed to fully align our incentives to growing the company.

We wake up every day thinking about our users instead of how much money we are making this year.

Founders need to be all in.

[Shaun Maguire @shaunmmaguire]

Marc Andreesen is on point 🎯

@pmarca

[Robert Leshner @rleshner]

Advice to rookies that haven’t experienced a crypto bubble yet:

- Make a plan to take money off the table; stick to it, regardless of regret you’ll temporarily feel
- Don’t take on debt; pay off your debts
- Don’t shill, don’t get friends/family to buy crypto
- Save for taxes

[vitalik.eth @VitalikButerin]

I take this seriously. Starting next year, I plan to only publicly mention (in blogs, talks, etc) L2s that are stage 1+, with *maybe a short grace period* for new genuinely interesting projects.

It doesn't matter if I invested, or if you're my friend; stage 1 or bust.

Multiple ZK-rollup teams have told me they're on track to be stage 1 by year end. I'm excited to see that happen!

Of course we should not throw away training wheels become we're actually confident that the proof systems are secure; that would be irresponsible. But stage 1 (75% threshold on council to override the proof system, 26%+ of council must be outside the rollup team) is a very reasonable moderate milestone. The multisigs I'm in have not had a single liveness failure in years, let alone 26%.

The era of rollups being glorified multisigs is coming to an end. The era of cryptographic trust is upon us.

[Altcoin Daily @AltcoinDaily]

PayPal & Venmo integrate $ETH ENS for crypto transfers

[Tom C. @Tom0x49]

@AlexOnchain @binance This is unbelievable. You should definitely write it down in your blog.

[Cecilia Hsueh @cecilia_hsueh]

I’m not here to ruin anyone’s career, so I won’t name names.

After 5 years in Web3, founding two companies, interviewing countless candidates, and leading teams of 500+, I just had the worst hiring experience of my career.

I want to share this as a lesson and warning.

To the young people in Web3: you’re in one of the best industries in the world in terms of compensation. At just 20-something, you’re earning salaries north of $200K—higher than many in traditional sectors like tech, finance, PE/VC, consulting, etc.

The entry barriers are lower, your work is easier, and you get to travel the world for events. Life seems easy, and the millionaire dream feels just within reach.

But, that’s created a problem. There’s now a group of individuals in Web3 with average skills and sky-high expectations. They think they can have it all, without loyalty to their projects.

They jump from job to job, even working for multiple companies at once, all while pretending to be fully committed to each. The salaries they demand are way out of line with their actual contributions and effort.

At Morph, we’re always looking for the best talent in the market. But, integrity and honesty are non-negotiable.

No matter how talented someone is, without these values, they won’t last on our team. People say Web3 and crypto are full of scams—and honestly, sometimes we’re hesitant to even mention our work outside of the industry. This is because too many bad actors have caused damage.

Morph will launch its own token in the future, and investors will be trusting us with their money. As the backbone of this project, our team must be composed of the most trustworthy individuals. Myself, Azeem, and every single team member cannot afford to act unethically or compromise investor trust.

I know these words may not sound glamorous in Web3, but building a solid blockchain is a long and challenging mission.

We’re looking for people who share these values to join us.

By the way, we’re hiring! :)

[NodeKit Ø @nodekitorg]

A superbuilder is a block builder that builds blocks for multiple chains at the same time.

Sharing a block-making machine unlocks cross-chain composability, enabling atomic cross-chain interactions.

[NodeKit Ø @nodekitorg]

Today we unveil a brand new look for NodeKit and announce an important milestone.

Javelin, the first Superbuilder, is now agnostic and compatible with any protocol.

This paves the way for global composability and a wide variety of Javelin-powered products.

[Tom C. @Tom0x49]

@gajeshnaik DM already.

[Franklin Bi @FranklinBi]

We're excited for @PanteraCapital to resume our participation in onchain governance, starting today with the @Arbitrum DAO (+ others to be shared soon).

Onchain governance is a vital part of maintaining, expanding, and advancing the onchain ecosystem.

Why Arbitrum? 👇🏼

In 2018, @PanteraCapital led the seed round for @offchain, core developers & contributors to Arbitrum.

Today, we’re joining the ranks of 400k+ $ARB holders and 250k+ delegates participating in the #Arbitrum DAO, one of the most active and decentralized DAOs in the #Web3 ecosystem.