Daniel C

[Daniel C @danchapsky]

https://t.co/iZpwT70A1b

[Treasury Department @USTreasury]

Today, @USTreasury OCCIP announced a new initiative to strengthen cybersecurity across the digital asset industry.

Eligible U.S. digital asset firms and industry organizations that meet Treasury’s criteria will be able to receive, at no cost, the same actionable cybersecurity information Treasury regularly shares with traditional U.S. financial institutions. Interested firms should contact OCCIP at [email protected]

[Daniel C @danchapsky]

https://t.co/MgVwKXOvoN
This piece of research is the one of the most concerning things I've seen in the AI space. It basically shows that the same tools that lets you monitor an AI for dangerous behavior also let you induce it

In marketing, a campaign might shift opinion by 2-5%.

This paper shows a single scalar invisibly shifting a complex behavioral outcome in an LLM by 50+ percentage points . If that translates at all to downstream effects on human consumers of LLM-generated text, the leverage is orders of magnitude beyond anything in the history of information warfare.

How much LLM generated content have you read today?

[Daniel C @danchapsky]

100% agreed with this. More than 70% of individuals who trade perps lose over time in most jurisdictions.

[Vishal K. Gupta @vishalkgupta]

I don’t think perps are appropriate for retail traders, especially at +10x leverage.

If you look at the volumes they are likely just getting run over by systematic traders anyway.

Most perp engines have liquidation logic that isn’t fair and can be affected by quick/violent moves of the market.

Own spot long term. Want to trade something more exotic? Try a YOLO call, you won’t get liquidated on a bad print and trades like a binary option.

Go back to basics.

[Daniel C @danchapsky]

"Without data, you're just another person with an opinion."

Post collapse, too many early decisions were made by people who only had opinions.

[Dune @Dune]

You've been asking for @SuiNetwork analytics, and now Sui is officially LIVE on Dune!

Query txs, tokens, NFTs & DeFi with decoded tables, build dashboards, and track the ecosystem end-to-end.

Hello Sui 👋
https://t.co/0t0Lc00Dur

[Omar @TheOneandOmsy]

The Exchange-as-a-Service (EaaS) wars have begun

With deregulation, fintechs + neobanks are now the platforms best positioned to offer crypto access at scale

Exchanges know it and they’re no longer purely chasing users. They're now competing amongst each other to become the global backends that power the full suite of crypto services (trading, custody, staking, stables)

The last couple weeks we've seen:
Coinbase × Webull
Kraken × Bunq

Just the beginning, many more to follow

[Daniel C @danchapsky]

I would have killed for this kind of clarity when working on first spinning up @AcronymExchange . This doc is a huge step in the right direction.

[Hester Peirce @HesterPeirce]

We're not saying your crypto assets are securities, but if they are (and we're working on clarifying that) or your company is involved in the crypto industry, here's some disclosure guidance: https://t.co/QUgvRYlxyg

[Daniel C @danchapsky]

And yes, I am confident Robert Frost would be ok being called a content creator.

[Daniel C @danchapsky]

Innovation in the digital asset spaces needs safe scaffolding to build on, the willingness to innovate and leave outdated systems behind.
And frankly, if your regulator of note isn't dropping rhymes from their favorite creator in their statements, they probably don't get crypto.

[Hester Peirce @HesterPeirce]

We still have a lot of miles to go, but here are some thoughts at an early stage of the crypto regulatory journey: https://t.co/32vvHrAt9m

[Hester Peirce @HesterPeirce]

We still have a lot of miles to go, but here are some thoughts at an early stage of the crypto regulatory journey: https://t.co/32vvHrAt9m

[Chris Brummer @ChrisBrummerDr]

I had the opportunity to speak yesterday at the @SECGov's first Crypto Task Force Roundtable where, among other things, I shared thoughts on what I call “Regulatory Debt.”

Just like technical debt in software development, regulatory debt builds up when necessary decisions are deferred. Over time, the cost of doing nothing multiplies. Systems become harder to fix. Risks accumulate. And the eventual cleanup becomes far more disruptive than if problems had been addressed early on, or even incrementally.

We've seen regulatory debt build up over the last several years, in some instances without a single new rule or even rule proposal for crypto. That silence hasn’t meant clarity for industry or stronger investor protections—it’s created a vacuum.

Regulatory debt is what happens when a regulator stands still while the world moves on. It doesn’t just slow innovation—it erodes trust in the process itself. Caveat emptor is not a regulatory strategy.

Cleaning up regulatory debt won’t be easy. But acknowledging it is the first step.

Thanks to @HesterPeirce for the invitation to share my views and to Troy Paredes for his outstanding role as moderator. And to my all star panelists: I loved seeing old friends and making new ones. I learned something from each of you. This is how the process is supposed to work.

[Anchorage Digital ⚓️ @Anchorage]

“If you want to be the leader in the digital asset realm, you also have to be the leader in the cybersecurity realm.”

– @nathanmccauley, CEO Anchorage Digital

Today, Nathan spoke at the Bitcoin for America forum organized by @bitcoinpolicy and co-hosted by @SenLummis, where he discussed securing the strategic bitcoin reserve, the role of the US Treasury in shaping digital asset infrastructure, and the best approaches for effective implementation of digital assets into government operations.

[Daniel C @danchapsky]

Big fan of this perspective. Making it easy for builders in the DeFi space to follow regulations without needing to always be afraid of what happens next is what empowers innovation.

[Hester Peirce @HesterPeirce]

We should heed these 2 CFTC Commissioners and avoid chilling DeFi innovation. @cftcmersinger: https://t.co/XojCfkWGKI @CFTCpham : https://t.co/h8VL54iJEr

[Daniel C @danchapsky]

A "Contract" is any piece of paper or PDF that a lawyer signs.

A "Smart Contract" is any piece of code which exists on a blockchain, preferably run on a linux server

A PDF which runs linux is the natural apex predator of Web3.

https://t.co/m5sbnX6UeM

[Kristin Smith @KristinSmith]

1/ Following a whirlwind day of meetings in DC, I wanted to share a quick recap of today’s news – and the significance of this single day for our industry.

🧵

[Daniel C @danchapsky]

The depth of this is fairly insane. It's easy to think you might understand it -

But then, when you and your rep at your local bank are on hour 3 of trying to figure out why a payment failed and you realize the Visa subprocessor's subprocessor kicked a weird risk flag incorrectly because it smelled the word "crypto"... it hits.

[Anchorage Digital ⚓️ @Anchorage]

"I was speaking at a meet up of about a hundred crypto founders. And just as a show of hands I said, 'who here has had trouble getting a bank account or had debanking issues'?

All the hands in the room went up.

To say that debanking has been pervasive is an understatement."

- @nathanmccauley, CEO, Anchorage Digital