CryptoGlave

Bitcoin and crypto enthousiaste & investor | Self told DeFi explorer | Occasional Degen

[Andy ττ @bittingthembits]

I am not going to sugarcoat this. Last night hurt $TAO & Subnet holders

The founder of Covenant AI decided to cash out of SN3, SN39, and SN81, dumped roughly 37,000 $TAO worth of subnet Alpha on the way out, and cratered prices across the board. $TAO dropped as much as 27%. Nearly $900 million in market cap wiped. $9 million in longs liquidated. Alpha holders on those subnets got absolutely crushed.

I was one of them. I lost a significant amount from this. That is the reality and I am not going to pretend otherwise.

But I am still here. And I am still buying. Let me tell you why.

First, let me be clear about what actually happened. A subnet owner got into a disagreement with Const, got upset, and used it as an excuse to dump his bags on the people who trusted him. That is it. That is the whole story. He dressed it up as a principled stand against centralized governance but the man sold 37,000 $TAO worth of Alpha on his own community while posting a manifesto. That is a rug plain and simple.

Const responded within the hour. Publicly. On chain. With a solution.

Some people are acting like Bittensor died last night. It did not. Let me show you what actually happened in the hours after the dump.

Const proposed lock-based subnet ownership where ownership of a subnet is determined by a team's long-term economic commitment to the project. Not by who registered first. Not by who controls the keys. By who has skin in the game over time. Investors would see in advance if an owner unlocked their tokens. The market could reprice the subnet before the owner dumps. And conviction could be directed to another team or even an agent to manage the system.

If implemented, this would be the most significant governance upgrade since dTAO launched. And it came within hours. Not weeks. Not after a committee meeting. Within hours.

That is what this network does. It finds its weak spots and it fixes them. Fast.

@MacrocosmosAI posted: "Bittensor always emerges stronger from pain. Hacks, exploits, disagreements all fade into the history of this protocol. The flame of distributed training continues to burn brightly. One individual does not make a nation."

@jon_durbin from Chutes: "Chutes is and always will be a Bittensor project. Chutes is Bittensor and Bittensor is Chutes."

@MaxScore from Score: "Score is and always will be a Bittensor project. Score is Bittensor and Bittensor is Score."

Loayei: "Don't care about the drama. Will continue building $TAO."

@TroyQuasar from Quasar called it what it was. He said it was bullshit, that no one is bigger than the network, and that Quasar will take it from here.

The builders did not leave. The builders doubled down within hours. Publicly. On record.

@markjeffrey put it simply: "Bittensor is quite a LOT more than Subnet 3, and $TAO will carry on fine without it. There are 125 other subnets plus three new slots that just freed up."

Three new subnet slots just opened. While people were panic selling, builders were already eyeing the open seats.

@SiamKidd gave the most grounded take. He acknowledged the drama, acknowledged that Sam's governance concerns were not entirely wrong, but made the point that Const's motives have always been genuine. This is growth. This is what permissionless systems look like when they encounter stress. They break in specific places, they get patched, and they come back harder.

This is not the first time something like this has happened on Bittensor. It is not even the second time. Nous Research left the ecosystem before. And what happened? The network adapted, subnets evolved, and the protocol kept building. Every previous inflection point led to upgrades that made the system stronger.

Covenant-72B was real. The training was real.

Fundamentals haven’t changed:

21M hard cap, halving complete, 68% staked, nine institutional products accumulating, Grayscale ETF pending.

$TAO just went on sale at a 27% discount.

Builders keep building.

I’m buying this dip.

$TAO

[ATLAS NAVI | AI Navigation APP with 1M Downloads @AtlasNavi]

$NAVI and DePIN are changing the game — starting with Atlas Navi Map.
A developer-ready API built for both end users and developers: https://t.co/xS09QshZtZ
📲 Full integration into the app is on the way.

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• Large-scale routing & navigation systems
• Autonomous driving AI model training
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🔷 30+ million data points updated in real time:
• Parking availability, traffic congestion, police presence
• Traffic flows, road hazards, infrastructure issues
• Data you simply can’t get from GPS alone

🔷 Hyperlocal intelligence:
• Busiest intersections by time and day
• Traffic chokepoints and incidents
• Most dangerous intersections backed by accident data

🚀 Coming soon: additional revenue streams. Stay tuned!

#NAVI #DePIN #API #Web3

[CryptoGlave @CryptoGlave]

@AtlasNavi I amndrocong with @AtlasNavi already 2,5 years 😎

[ATLAS NAVI | AI Navigation APP with 1M Downloads @AtlasNavi]

One app. One ecosystem. $NAVI —powered by #DePIN is building the driver operating system. Everything a driver needs — powered by real-world data.

🔹 Real-time traffic.
🔹 Road intelligence.
🔹 Driver services.

The $NAVI ecosystem is expanding.
Guess what drops next… 👀

#NAVI #DePIN

[ATLAS NAVI | AI Navigation APP with 1M Downloads @AtlasNavi]

Ever tried finding heavy traffic without getting stuck in it?

🌎🌍 With $NAVI, you can. Every road. Every car.

Just type what you’re looking for — and get real traffic data, live, fast, accurate, effortless.

Atlas Navi Map - A developer-ready API built for both end users and developers, at a fraction of the cost: https://t.co/xS09Qsixjx

🚀 In-app integration coming soon.

🔹 Highly granular, real-time data for developers building routing, navigation, autonomous driving, and smart city systems.

🔹 30+ million live data points covering parking availability, traffic congestion, police presence, road hazards, traffic flow, and infrastructure issues — insights beyond what GPS alone can provide.

🔹 Hyperlocal intelligence on the busiest and most dangerous intersections, traffic chokepoints, incidents, and accident history by time and day.

#NAVI #MAP #DePIN #API #Web3

[Orbán Viktor @PM_ViktorOrban]

Today, the Brusselians are crossing the Rubicon. At noon, a written vote will take place that will cause irreparable damage to the Union.

The subject of the vote is the frozen Russian assets, on which the EU member states have so far voted every 6 months and adopted a unanimous decision. With today’s procedure, the Brusselians are abolishing the requirement of unanimity with a single stroke of the pen, which is clearly unlawful.

With today’s decision, the rule of law in the European Union comes to an end, and Europe’s leaders are placing themselves above the rules. Instead of safeguarding compliance with the EU treaties, the European Commission is systematically raping European law. It is doing this in order to continue the war in Ukraine, a war that clearly isn't winnable. All this is happening in broad daylight, less than a week before the meeting of the European Council, the Union’s most important decision-making body, bringing together heads of state and government. With this, the rule of law in the European Union is being replaced by the rule of bureaucrats. In other words, a Brusselian dictatorship has taken hold.

Hungary protests this decision and will do everything in its power to restore a lawful order.

[Orbán Viktor @PM_ViktorOrban]

The new American national security strategy: the most important and most interesting document of recent years. It speaks about Brussels in the same tone that the Biden administration and Brussels used when speaking about us. What goes around comes around.

The Americans also see that Europe has hit the wall of a long economic dead end. A weak ally cannot defend itself and cannot be relied upon in international affairs either.

They see Europe’s civilisational crisis as well. They see that Europe’s civilisational values, democracy, and the free market are all in danger.

They also see that European liberals have burned the network of relations that once existed with Russia, which was a mistake. According to American decision makers, Europe’s relationship with Russia needs to be rebuilt at a strategic level.

In summary: America has a precise understanding of Europe’s decline. They see the civilisational-scale decline that we in Hungary have been fighting against for fifteen years. At last, we are not fighting against it alone.

[DogeDesigner @cb_doge]

Elon Musk will never let the EU censor this platform. 🦾

[Elon Musk @elonmusk]

Lmao

[MJ @Real_Politik101]

With relations between Europe and the U.S. deteriorating over Ukraine (and recent beef over X), this gives America further incentive to exit the European theater. Then poisonous relations between Europe and Russia will get even worse. Europe’s future…1/2

[DogeDesigner @cb_doge]

BREAKING: 𝕏 has terminated the European Commission’s Ad Account.

EU paid to promote its announcement on 𝕏 and used a trick that disguised a link as a video so the ad would get extra reach. They fined 𝕏 for being deceptive while using a deceptive method to push their own ad.

[Elon Musk @elonmusk]

Pretty much

[Elon Musk @elonmusk]

The tyrannical, unelected bureaucracy oppressing the people of Europe are in the second picture

[Orbán Viktor @PM_ViktorOrban]

The Commission’s attack on X says it all. When the Brusselian overlords cannot win the debate, they reach for the fines. Europe needs free speech, not unelected bureaucrats deciding what we can read or say. Hats off to @elonmusk for holding the line.

[Elon Musk @elonmusk]

I mean it. Not kidding.

[Elon Musk @elonmusk]

If current trends continue, Whites will go from being a small minority of world population today to virtually extinct!

[Donald J. Trump @realDonaldTrump]

To all Airlines, Pilots, Drug Dealers, and Human Traffickers, please consider THE AIRSPACE ABOVE AND SURROUNDING VENEZUELA TO BE CLOSED IN ITS ENTIRETY. Thank you for your attention to this matter! PRESIDENT DONALD J. TRUMP

[Donald J. Trump @realDonaldTrump]

The United States did not attend the G20 in South Africa, because the South African Government refuses to acknowledge or address the horrific Human Right Abuses endured by Afrikaners, and other descendants of Dutch, French, and German settlers. To put it more bluntly, they are killing white people, and randomly allowing their farms to be taken from them. Perhaps, worst of all, the soon to be out of business New York Times and the Fake News Media won’t issue a word against this genocide. That’s why all the Liars and Pretenders of the Radical Left Media are going out of business! At the conclusion of the G20, South Africa refused to hand off the G20 Presidency to a Senior Representative from our U.S. Embassy, who attended the Closing Ceremony. Therefore, at my direction, South Africa will NOT be receiving an invitation to the 2026 G20, which will be hosted in the Great City of Miami, Florida next year. South Africa has demonstrated to the World they are not a country worthy of Membership anywhere, and we are going to stop all payments and subsidies to them, effective immediately. Thank you for your attention to this matter!

[CryptoGlave @CryptoGlave]

@exitpumpBTC One of the biggest L2 s*itcoins. The whole saga with the L2 was one of the biggest scams at the end of the last bull and during the bera

[CryptoGlave @CryptoGlave]

@otokyo Paris, it became a Total shithole the last 10 years