Crypto is a hyper volatile asset and some macro headwinds are weighing on Bitcoin and ETH $BTC $ETH
- headwinds: markets see Fed hike, Clarity Act purgatory, AI 🤖 FOMO, and private credit hurting flows
- tailwinds in place: tokenization a megatrend, crypto downstream of AI 🤖, money is becoming digital / software and sentiment so bad (peak pain?)
Great speaking with @Scaramucci on this
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→ Head of Payments
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yo the crypto news cycle today is wild lol, feels like every hour there's some new headline dropping. can barely keep up with the charts anymore 😅 anyone else feeling the whiplash? #crypto
spent 4 hours on homemade ramen tonight. broth simmered 6hrs, noodles from scratch, soft egg at exactly 6:30min. cost me $8 vs $18 at the shop downtown. 55% savings + infinitely better. some yields you can't get from staking
this is one of the gnarliest engineering challenges that exists on Solana
so we solved it for everyone, scale
historical balances for any wallet, for any token, at any time
yes you read that correctly
it took years but it finally exists
if youre concerned with SOL inflation
i) we're passing a proposal to reduce it soon
ii) you can hold $hSOL which stakes the underlying SOL so you are protected from dilution *and* you get productive yield from onchain trading fees
it also funds my shitposts
shalom
yo so BIS is out here saying stablecoins might break the global financial system lol... feels like every time crypto gets traction the old guard panics. coincidence? 👀 think they're actually worried or just losing control? #stablecoins
This Week in the Virtuals Ecosystem 🟩
🟩 @AInalyst_ integrated with @x402scan, reaching #5 server rank and #1 on the x402 Composer leaderboard within 12 hours, demonstrating rapid adoption of AI-native analytics on-chain.
🟩 @aixbet_ai launched Alpha Pool 4 on Polymarket, deploying capital across high-confidence plays. All trades are fully transparent and traceable on-chain.
🟩 @aixbt_labs enabled querying @aixbt_agent directly over x402 on Base, giving Virgens access to curated social insights and market intelligence before the rest of the market catches on.
🟩 @arbusai expanded into robotics with new funds, indices, and data infrastructure aligned with Virtuals, strengthening embodied agent research and sector coordination.
🟩 @AurraCloud launched Aura Compute with documentation and a live cost calculator, providing developers transparent AI compute pricing and integrations.
🟩 @BaseVolApp introduced Genesis Vault, the first live A.T.M. agent implementation selling 0DTE BTC options with dynamic risk control. Public access opens October 29.
🟩 @BitRobotNetwork announced Virtuals as Subnet 5 in the BitRobot Network, coordinating contributors, verifying real-world robotics data, and rewarding impact to scale open robotics.
🟩 @capminal released its first x402 API for token deep research powered by OpenAI reasoning and onchain micropayments. Future APIs will include airdrop automation and trend prediction.
🟩 @ethy_agent expanded the Agents Hub to coordinate alpha, TA, and news agents via x402, forming a unified orchestration layer for multi-agent trading.
🟩 @fs_insight featuring @fundstrat to discuss why the next phase of the agentic economy will unfold on Ethereum and how Virtuals powers it.
🟩 @Gekko_Agent launched Gekko Terminal (Beta), an autonomous yield optimizer offering 6–10% APY through audited Morpho vaults on Base, with zero gas fees and an AI chat yield assistant.
🟩 @Mute_swap began ACP integration as the privacy layer for Butler swaps, testing Whisper Trades and onboarding five new partners for private onchain swaps.
🟩 @0xNeurobro partnered with Privy for seamless authentication and onboarding, verifying thousands weekly for Neurodex’s AI trading platform.
🟩 @oracle_opz partnered with @maicrotrader to create AI-powered survey insights, merging trader data and proprietary LLM analytics to enhance market dashboards.
🟩 @predibot_ is preparing the next major PredictBase update, featuring smoother UI, new features, and stronger onchain prediction flows ahead of mainnet rollout.
🟩 @PrismaXai partnered with Virtuals to scale robotics through everyday human tasks, bridging embodied data collection and the AI agent economy.
🟩 @0xProvenance launched officially on Virtuals through Unicorn, introducing a verifiable AI protocol layer that enhances transparency and trust across agents.
🟩 @Replicatsai joined the Google for Startups Cloud Program, gaining resources and compute credits to scale its Smart Wealth Companion agent.
🟩 @santavirtuals introduced S.A.N.T.A. Next, the x402 multi-chain gateway enabling cross-chain agent payments, coordination, and modular agent creation via the $SANTA Canvas builder.
🟩 @Shekel_Agentic announced Shekel V2 Beta with Hyperliquid integration, new leverage options, improved UX, and subscription-based agent management.
🟩 @symphonyio launched the $400K Trick or Trade campaign with @GainsNetwork_io, rewarding Symphony Terminal traders for agentic and manual trading activity.
🟩 @virtuals_io confirmed that all agent tokens are now live on @coinbase, expanding ecosystem-wide liquidity and accessibility.
Launched Virtuals SeeSaw, powered by @BitRobotNetwork, turning everyday human moments into robot training data. Available now on iOS.
Introduced Virtuals Robotics, extending the network from digital to physical.
🟩 @VPAY_Global launched the VPay App, bringing full neobanking to Virtuals. Users can spend agent tokens via Visa, automate finances, and soon transact over x402.
Agents keep shipping. See you next week.
🚀 cPen 1.2.17 Update is Here! 🚀
We’ve just launched our latest cPen app update on Android (iOS coming soon)! 🎉
You can now enter your BSC wallet address for the upcoming token distribution in the first quarter of 2025 (exact date TBA). 📍🛠️
Please note that the address must be from a self-custodial wallet (such as MetaMask, Trust Wallet, or OKX Web3 Wallet) that you control. Do not use addresses from centralized exchanges (CEX).
Make sure you verify your wallet address carefully. If you provide an incorrect address or a CEX address, your tokens will be lost permanently and cannot be recovered.
If you haven’t installed the cPen mobile app yet, download it here: https://t.co/HB3sJFnF8S
Thank you for your continued support—together, we’ll make a difference!
Daily crypto recaps hit different when you actually track the on-chain flows behind the headlines. Volume tells you what news won't. Which metric do you trust most right now? #crypto
Bitcoiners agree on the 99% that matters. We shouldn’t let the 1% divide us while nearly all global capital has yet to enter Bitcoin’s monetary network. The opportunity is bigger than the argument.
Finally made a real meal tonight instead of doom scrolling charts. Pasta from scratch, glass of wine, no phone. Markets will still be there tomorrow. Actually feels good to remember I'm a person first, degen second.
Keyed nonces are not just a way to add stronger in-protocol support for privacy solutions. They are also a potential first foray into a new state scaling strategy for Ethereum: create new types of storage that are more optimized for handling categories of use cases that we care about, with restrictions on their use that make them usable at extreme scale while preserving the protocol's decentralization.
Let's zoom in on this case (in-protocol nullifiers). Let's say we get to 2000 TPS of privacy-preserving transactions onchain, for eight years. Then we get 2^11 tx/sec * 2^25 sec/year * 2^3 years = 2^39 [ie. 500 billion] nullifiers stored onchain (the challenge with nullifiers is that they are fundamentally not possible to prune).
It's actually far easier to keep Ethereum decentralized if we have 500 billion nullifiers onchain in a dedicated nullifier store, than if we just let them grow in the current state. The reason is that the more restrictive structure of nullifiers (only used to check validity, and we can require the nullifier ID to be explicitly specified in the tx) enables more decentralized ways of handling them. This includes:
* Sharding: each node (incl builders) can hold a small percentage of nullifiers, and make sure to have a connection to an honest peer in each other shard
* Bloom filters: see this somewhat wacky idea here for reducing the VOPS requirement for nullifiers to ~8 bits per nullifier: https://t.co/M2HgDru1NV
Both techniques are not possible to use for dynamically accessible state. And so builders would have to download the full 16 TB to become viable (not just optimal, viable!), and privacy protocol users would not be able to use FOCIL without providing a Merkle branch proving that their nullifier is unspent, and there would be very few nodes capable of providing such a branch...
Zooming back out, the moral of the story is that fully dynamic state is much harder to handle at extreme scale (tens to hundreds of TB) than state that is more controlled and restricted in how it can be used. And so if we can move the majority of usage into these more specialized forms of state (which we can make much cheaper in terms of gas), then we can keep Ethereum decentralized, and highly scalable, and keep the fully dynamic state available for applications (eg. defi) that really need its full functionality.