Historic day for @solana:
For the first time ever, HYPE did more spot volume on Solana than all centralized exchanges in the last 24 hours.
This is truly insane, IMO. For an asset that didn't exist on Solana until just a few months ago.
ZEC also did more volume than all CEXes (other than the binance ZEC/USDT market).
BTC also posted almost $200m in 24h volume.
My guess: Solana is going to eat global spot trading marketshare in everything.
First from CEXes for all crypto assets. Then from trad spot exchanges for equities.
Lower fees, self custody assets, fully open & transparent markets that anyone can participate in, and a huge amount of distribution through hundreds of front-ends
This is a winning product formula.
BNB Chain closed off Q1 in a strong position
Users up, builders active, and traction across RWAs, stablecoins, AI, institutional access and more
The @Blockworks report has the full picture 🧵👇
Though I am sympathetic to my Zcash supporting friends, I view the selloff in reaction to the Orchard bug as a good thing. Not because I dislike zcash. Because it means that markets are finally pricing fundamentals.
In the past when consensus bugs, exploits, chain splits, 51% attacks occurred the market would typically shrug them off. If anything they were perceived as bullish and sometimes the coin would rally in reaction. More eyeballs was the thinking.
This is a bad state of affairs and I’m glad markets are starting to price risk properly. My guess is that ZEC was due for a pullback due to the large rally recently and its price was somewhat tenuous anyway, which exaggerated the impact.
But either way I think it’s right that markets have started to take notice of security fundamentals. Zcash admirably took risk to create new privacy primitives and they should be applauded for that. Zcash is the originator of deployed ZKP and deserve endless credit. But privacy is also fundamentally more risky in blockchains because it trades off against auditability. Both Monero and Zcash have had historical inflation bugs (patched). These are particularly scary in privacy focused blockchains because inflation is much harder to detect.
The problem with markets not punishing exploits is that it means they also don’t value chains with ironclad track records of security. Exploits being punished by the market also implies that security, credibility, stability and auditability should be rewarded. This is a good, healthy feature of the market.
Now should chains _not_ take risks? Also no. Bitcoin (and every blockchain) will have to take some controlled risks as we move away from ECC towards a new era of cryptographic agility. I am also grateful that blockchains like Zcash have created new primitives and tested them in the most unforgiving market imaginable.
I sympathize with my Zcash friends and I’m sure they will recover just fine from this like they did the Sapling bug in 2018/19. Onchain privacy is a valuable goal and enormously hard to pull off.
There’s a new member of the Secret Service Special Operations team that DC visitors and residents may see around the White House and other protective sites!
Introducing our Multi-Purpose Tactical Vehicle, a part of our fleet modernization designed to ensure we have the latest technology and resources available for emergency scenarios.
SECRETARY RUBIO: "There's no doubt that when you have people showing up with pre-printed signs 24 hours after Nicolás Maduro was arrested and extradited to the United States, that's not an organic movement. Someone's paying for that."
Agentic commerce is projected to hit $5T by 2030 — but agents can't transact without secure infrastructure.
Boson x402B launches June 8. The missing piece in the decentralized AI stack.
⚡ To celebrate: Join the Boson Gemslot campaign on @kucoincom
👉 Trade BOSON to earn your share of a 500,000 $BOSON prize pool
⏰ June 8, 8AM UTC — June 15, 8AM UTC
Sign up now: https://t.co/dBS0dcHeNA
I am honoured by the special welcome in Daman. The NDA Government has devoted significant resources for the development of Daman and Diu. Various projects have improved the quality of life for the people.
🚨 ALERT: Etherscan warns that address poisoning attacks on Ethereum are becoming increasingly automated and widespread, aiming to trick users into sending funds to lookalike addresses.
In 2022, BTC Prague began in the middle of a bear market.
Today, it has grown into Europe’s biggest Bitcoin event and this year’s edition brings together thousands of bitcoiners, 90+ companies and a lineup spread across three stages.
The scale changed. The mission did not.
NEW: @DTCC partners with @StellarOrg to bring tokenized DTC-custodied securities onto the Stellar network, including Russell 1000 stocks, ETFs and U.S. Treasuries.
⚡️ TODAY: Vitalik Buterin shares updates to his self-sovereign LLM setup, noting the growing intersection between Ethereum infrastructure and AI.
"We should have models finetuned for Ethereum-related use cases as well."