The Nasdaq is rigging its own index. And your pension is paying for it.
Last month, Nasdaq circulated a "consultation" about proposed changes to the Nasdaq-100 rules.
Read past the corporate language. Two new rules. Together they expose exactly who Nasdaq works for.
Rule 1: The "Fast Entry" exemption.
Any company whose market cap ranks in the top 40 gets added after 15 trading days, no seasoning required. Standard liquidity checks? Waived.
Rule 2: The 5x multiplier for low-float stocks.
For companies with less than 20% of shares available to the public, Nasdaq weights their index position at 5 times the float.
If SpaceX IPOs at $1.75 trillion with 5% of shares publicly available, passive funds like QQQ must buy as if SpaceX is worth $438 billion on Day 15.
No choice. No price sensitivity. And hedge funds front-run the guaranteed bid for two weeks beforehand.
Then the lock-up ends. Float crosses 20%. The 5x multiplier drops. Index weighting resets. Insiders sell.
Retail investors hold the bag.
Two new rules. Together they guarantee the biggest IPO in history happens at the expense of millions who never agreed to this.
Who benefits? SpaceX insiders. Nasdaq's listing fees. Every hedge fund front-running the passive bid.
Who pays? Anyone with a pension. Anyone with an ETF. Anyone who trusted the index to represent the market, not to rig it.
Ciao Ciao to Sand, Desert, Heat and Camels 🐪
4 Key highlights from @token2049 Dubai:
🎰 Casino mentality is dead, if you’re trying to get rich overnight, fly to Vegas you’ll have better odds
🏗️ Builders are bullish, but building just for building is pointless. Solve real problems or go home
💰 Launching a token is not making anyone excited anymore. Unless you’re fixing something, you’re just speculating
🤖 The future of AI is decentralized. Ditch Big Tech’s APIs and build your own sh*t
About the last one, ICP is the only place where AI runs autonomously on-chain, making it truly unstoppable.
Time to innovate the way we do innovation. As always: let’s build ⚡️
The biggest Narrative in 2025 is AI, but right after it DeSci will be the next big thing 💥
@CryptoHayes in his recent article is showcasing that we are looking at potentially $612 billion in liquidity in Q1🤯
Are you still not bullish?
I love watching FOMO grow in a bull market!
China followed the U.S. by cutting rates and easing monetary policy. They proposed a $113 billion equity fund and asked banks to lower mortgage rates.
On this news, Chinese stocks surged 4%, and crypto Twitter is hyped about new liquidity flooding in.
But analysts calculated that $113 billion is just 0.7% of the market cap of Chinese exchanges. Add distrust in the credit system and real estate crisis, and it’s clear: we’re seeing classic FOMO, likely just the beginning.
Remember: always do the math, think clearly, and make the most of this FOMO-fueled rocket! 🚀
#ICP Chain Fusion Hacker House in Bali brought us amazing innovation, great memories, and...
Some funny meme moments😅
This is a special thread. A meme thread powered by you🫵
Upgrading DeFi on Internet Computer 🛠
Today I talked to @CalabrettaBruno and @AaronBremser_, two team members of the upcoming $ICP DeFi disruptor, @DFinance_app.
We review what's currently lacking in the #ICP DeFi ecosystem and how DFinance can help.
@TheZKNation I hope team will listen to the community that is feeling so unfair. If you want to reward real users, check addresses above. 10+ months, volume, contracts. Community spend so much effort to support, and this is how you pay back - rewarding wallets of Lite? That never worked?!
A world first: a demonstration of AI running *on* blockchain as a smart contract 🧠⚡️
The Internet Computer is used – the world's first 3rd gen. blockchain #ICP. AI will become the beating heart of our web3, multi-chain world, and this is only my first demo.
Code will follow shortly. This is running on DFINITY's Internet Computer testnet, but you'll be able to take the code and run it on the public network as the NNS is expected to up the per-transaction instruction limit in the coming days.
Some important notes. The inference engine used has not been optimized, and we will show vastly greater efficiency in subsequent demos, where the AI runs even faster, and consumes less gas/cycles.
We will also propose to the NNS that smart contracts have access to SIMD instructions – which we have determined are deterministic – unlocking vastly more speed and efficiency.
Lastly, currently the actor smart contracts ICP hosts run inside a 32 bit environment, which limits their main memory to 4GB. Within the next couple of months, we expect the Internet Computer to move to a 64 bit environment, allowing smart contract memory limits to be raised much higher – allowing for models with far more parameters, and thus power, to be run.
Those of you who have followed my posts know that hardware optimization support is planned. Firstly this will involve WASM smart contracts shipping out matrices for processing by the CPUs on existing node machines (another advantage of the Internet Computer running on sovereign node hardware).
Secondly, we plan to propose a new public node machine specification, which node providers can build to, for use in subnets specialized for hosting AI smart contracts, in which each machine will incorporate several GPUs. Naturally, this will be packaged with other technological developments that ensure smart contract determinism.
This is part of our mission to enable powerful LLMs to run as smart contracts on the Internet Computer – in a forms that are tamperproof, unstoppable, and optionally autonomous (including under the exclusive control of DAOs).
Our vision: you will be able to have a chat with a smart contract. A smart contract will be able to coordinate your organization (see my earlier tweet about a "Delphi"). ICP smart contracts will be able to audit Ethereum smart contracts, kitemarking those without backdoors and reentrancy bugs. And smart contracts will be able to do KYC autonmously, matching faces to driving licenses, and more.
We will deliver new SDK enhancements, and work with partners, to turbocharge crypto AI developers.
Secure and unstoppable AI and third generation blockchain will be two sides of the same coin. Security and AI will be indivisible. AI models will be traded as NFTs. Thanks to Internet Computer's chain key (trustless multi-chain) capabilities, all blockchains will be able to leverage AI smart contracts.
The future is beyond exciting. Thanks for watching. Can't wait to give you more demos!
Hey, $ICP! Can we hit 10,000 views in the first 24 hours? 🤯
To help with this, we've started a giveaway in the pinned comment. Make sure to check that out!
Remember to follow @CalabrettaBruno & @Disruptives_Hub as well!
Thank you for your unwavering support! 🙏
Mondays are for talking about a multi-chain future. Join us for our inaugural weekly space and hear from @dominic_w himself on the multi-chain vision of a World Computer. Drop your questions below 👇
https://t.co/AZsvWAG9EX
🚀 Mondays just got better as we dive into a multi-chain future.
Join us for our first weekly space, hear directly from the one and only @dominic_w about the multi-chain vision of #ICP
Don't miss this🌟 Get your questions ready and drop them below👇 https://t.co/jkuTv25v3W
I'm excited about the @Shardeum Liberty alphanet! #Shardeum is building an EVM-based L1 that can deliver low gas fees forever by adding more nodes.
Requesting 100 #SHM from the Shardeum faucet. https://t.co/AMae0mDY9N
My address is: 0x6981cAed08DeF3d0d25a3a953d6C8dFF253d6c39