bek

//

[Unstoppable | Privacy Wallet @unstoppablebyhs]

BIG NEWS: You’ll Soon Be Able to Pay in USDT or USDC Privately (Without Exposing Your Wallet!)

A normal USDT or USDC payment reveals your address.

The recipient can inspect it balance, transaction history and keep watching it long after the payment.

Confidential transfers in Unstoppable Wallet help break that link.

Send USDT or USDC while keeping your originating address hidden from the recipient.

Not 100% bulletproof anonymity. But a major privacy upgrade for the stablecoins people actually use.

Coming to Unstoppable Wallet as soon as next week.

It will also be available in a new Unstoppable product (soon to be announced) 👀

Stay Private!
Be Unstoppable!

[Nado @nadoHQ]

$881M in volume on Nado in the last 24 hours.

That's already unlocked the bonus pool of this week's cash rewards, and every additional dollar of volume keeps unlocking more, up to $100K.

[Hyperliquid Policy Center @HyperliquidPC]

Hyperliquid.

[katexbt.hl @katexbt]

The funniest thing just happened.

Justin Sun is going absolute BEAST MODE on Coinbase, Binance and Hyperliquid's AML mechanisms.

He is DUSTING everyone who interacted with Coinbase, Binance or HL before with a few USDT from HTX.

HTX is under sanctions in the EU and the UK since May 26th - any owner of an address that received money from it in the past 3-4 months received a freeze from Coinbase until they show "proof" that they weren't using a blacklisted financial entity.

Binance announced it will restrict deposits and withdrawals involving 11 platforms including HTX from 23 August - so clearly this is in retaliation.

By doing this now - Justin Sun is basically forcing the hand of Coinbase and Binance, and regulators in the EU (which CB/Binance always lobbies) to legitimize HTX as a real business entity.

Or end up with thousands of pissed off users.

Only in crypto.

[Jack 🌪️ @Jackisnotinabox]

You can now use Gold as collateral to trade perps and spot on Nado

This unlocks countless trade opportunities between both spot and perp XAUT, which until today wasn't possible to run on a single venue

[vibhu @vibhu]

This is massive.

You can now send Solana stablecoins to anyone anywhere in the world, and they can walk into one of 500,000 Moneygram locations and instantly get cash.

[Haseeb Qureshi ＞|＜ @hosseeb]

Write angel checks. Doesn't matter how small. Be helpful and easy. Never complain about your portfolio.

You will lose money. But the things you will gain are much more valuable.

The relationships, the knowledge, the allies, the trust--they are impossible to buy any other way.

[kevin @kevtanggg]

Macro update: Recent oil price action over the past few months is worrying.

10 of the 11 postwar US recessions were preceded by a sharp move higher in oil (usually with a lag).

The market is treating lower oil as good news because it reduces inflation pressure and gives the Fed more room to cut. That can support risk assets in the short term.

But oil shocks are not just an inflation problem. They are a growth problem. Higher energy costs hit consumers, delay spending, pressure margins, and slow demand. The Fed may wait too long for inflation to cool before cutting rates. By the time that happens, the damage is already done.

TLDR: falling oil may give markets a short-term green light, but it doesn’t mean the earlier shock was harmless. Recession risk is now the thing to watch over the next 6 mos.

[Paymentscan @Paymentscan]

Key findings from testing top neobanks' virtual accounts:
- Leading vendor Bridge (@Stablecoin) quietly applies an 0.5%+ FX spread - before neobanks take any fees
- @Iron via @avici has no FX fees, but requests for documentation kept our funds locked for 7+ days

(1/2)

[Rain @raincards]

Western Union's Stablecard is live.

Remittances can now arrive as stablecoins and be spent instantly anywhere Visa is accepted.

Mobile app, embedded wallets, and cards powered by Rain.

$100B a year for 100M customers is moving onchain.

[Ruslan Khairullin @Rus_Khairullin]

Got a new one on my radar - Nado (@nadoHQ)

You probably remember my Lighter story. I wrote about that perp dex here, farmed points for the LIT airdrop, even recorded a podcast with their CEO Vladimir Novakovski (worth a watch, good conversation).

Walked away from that airdrop with $225,000. All I did was trade. And after the drop I traded $LIT on futures publicly for a few hundred thousand more, plus caught a clean spot entry 🤝

Now I'm looking at Nado.

Nado is a CLOB dex, so a central limit orderbook onchain. One cross-margin account for perps, spot, money markets and tokenized stocks.

It runs on @inkonchain, its own L2, incubated by @krakenfx. No disclosed raises because it's funded off the Ink Foundation and Kraken balance sheet. Kraken just closed ~$800M at a $20B valuation ahead of their IPO.

Numbers today: ~$70-75B cumulative volume, ~$50M TVL, $66M OI, ~$105M daily volume.

Points come from trading, NLP and referrals. Weekly epochs, snapshot Thursday, distribution Friday. 300K points a week baseline regardless of activity, capped at 950K on high volume. No official number on how much has been handed out or what's left, only community estimates, but TGE is Q3-Q4 so there's plenty of runway.

Nado won't have its own token. Points convert to INK, the Kraken ecosystem token. That's the good part, it means a proper listing with distribution through Kraken itself, so real liquidity and real support from day one.

https://t.co/lYBz9cFw5Q

Farming this until TGE. We'll see what comes out of it 🤝

This is also the dex I'm integrating into the signals bot.

[Aleph @woke8yearold]

Koreans are such a beast mode race. They created the most insane version of communism and the most insane version of capitalism

[Daily Turkic @DailyTurkic]

Friendly reminder: the entire Dune universe is just the Ottoman Empire with giant worms:

• Lisan al-Gaib (Lisan-ül Gayb - Ottoman Sufi term meaning "The Tongue of the Unseen")

• Naib (Naip - Ottoman title for a deputy ruler, local governor, or judge's substitute)

• Chakobsa (Chakobsa - The dialect/hunting language of Caucasian fighters in the Ottoman imperial court)

• Alam al-Mithal (Âlem-i Misâl - Key concept in Ottoman Sufi metaphysics meaning "The World of Allegories/Symbols")

• Kindjal (Hançer / Kinjal - Curved dagger used by Ottoman Janissary units)

• Ghanima (Ganimet - Ottoman military/legal term for spoils of war and captured prize)

• Tahaddi (Tahaddi - Ottoman legal and rhetorical term for an undeniable challenge or defiance)

• Evliya / Auliya (Evliya - Ottoman title for saints, holy men, and mystical guardians)

• Burhan (Burhan - Ottoman Islamic jurisprudence term for a supreme, undeniable proof or argument)

• Padishah (Padişah - Ottoman imperial title for the Sultan)

• Kanly (Kanlı - Ottoman law of blood feuds between houses)

• Divan (Dîvân - Ottoman imperial council and cabinet of ministers)

• Selamlik (Selamlık - Ottoman palace reception room)

• Sirdar (Serdar - Ottoman high-ranking military commander or general)

• Bashar (Paşa / Başa - Ottoman military rank of Pasha or chief commander)

• Fedaykin (Fedailer - Ottoman self-sacrificing guerrilla fighters)

• Sirat (Sırat - Ottoman/Islamic concept of the dangerous razor-thin bridge over hell)

• Calar (Çalar - Turkish term for a striking clock or alarm)

• Karam (Kerem - Ottoman concept of noble honor, grace, and respect)

[Augmental @augmentaltech]

MouthPad is a touchpad you drive with your tongue.

Now available across the US.

[biptap @biptapofficial]

The industries no one wants to bank are worth trillions.

On the Invest Zona podcast with @Rus_Khairullin, Biptap CEO @jonathanlowyt explains why every industry struggling with banking is a trillion-dollar market, and how that realization built Biptap.

Watch the full episode: https://t.co/lEfvfi3YF5

[Matt Huang @matthuang]

Paradigm’s 4th fund

$1.2B to invest and build in crypto, AI, robotics, and other areas of the technical frontier

[Haseeb Qureshi ＞|＜ @hosseeb]

As a VC, Fable is better than me at VC work.

It breaks down white papers better than I do. It's better at financial analysis. It chews through mountains of diligence in minutes. There is no single well-scoped intellectual task where I beat a frontier AI. I catch its mistakes sometimes, but it catches mine more often.

If my job is "VC work," then Fable is better than me at my job.

But Fable alone would be a mediocre investor.

It would quickly pass on all the bunk, sure. But among the set of doable deals, it can't find the one with the je ne sais quoi. It doesn't have the bias toward special people, wild ideas, or risk-taking. Its tweets and thinkpieces are OK, but they're too safe, too obvious. I can prompt it in the right direction, but even then it's not quite right. It's too suggestible. It changes its mind too easily. It's not stubborn, self-assured, irrationally confident about how the future will play out, the way great investors are.

But me + Fable is really good. Better than either of us alone. In fact every investor on our team has leveled up with AI in the same way. We all feel we have more to do now, not less. We feel more capable, not less.

My theory is that AI disempowers service providers and empowers owners. If you sell your labor by the task, AI is genuinely terrifying. It can accomplish that task cheaper, faster, with more control and less bullshit. But if you own the outcome, if you're using AI to do something for you, then AI is amazing. It's empowering, not disempowering. Make your own logo, design your own website, write your own copy, build your own systems.

It also means is that you should aim to reorganize yourself in the food chain. If you don't, AI will do it for you. Don't be a service provider, be an owner. If you're building something, you are a beneficiary of AI, all of the incredible gains that AI is enabling will accrue to you too.

But if you're a tax on people building things, just know that the tax rate on building is rapidly going to 0.

[Dave Ripley @DavidLRipley]

It's been a while since we talked about Chokepoint 2.0.

Kraken will enter a $22M award with the Delaware Court of Chancery -- compensation for financial harm inflicted on us by the coordinated campaign to cut crypto off from banking, auditors, and other essential services.

[eric @defyneric]

many don’t know this but @raincards originally started in 2021 by offering corporate cards to DAOs.

over time they pivoted that infra into an API that lets neobanks launch their own card program.

turns out that was a pretty good pivot lol.

rain powers approximately 90% of all stablecoin spend on Visa and is now worth around $2b today.