JUST IN: Newly unsealed court filings allege Jane Street used a private Telegram channel called "Bryce's Secret" to obtain insider information from Terraform Labs before dumping $192M of $UST near par, then made $134M shorting the token as Terra's $40B ecosystem collapsed.
TERRA CLASSIC $LUNC SOARS ON RENEWED BUYING ACTIVITY...
Terra Classic $LUNC is making headlines in the crypto space. The asset has surged over 60% in the past two weeks, including a 102.5% gain in the last 30 days.
Recent surges in token burns across the Terra Classic ecosystem have given the cryptocurrency a further boost.
Just under 630 million LUNC tokens were burned in the past three days, reducing the available supply
The community is also looking to the Terra Classic v4.0.1 network upgrade proposal, currently under voting...
Saw some people panicking or asking about quantum computing's impact on crypto.
At a high level, all crypto has to do is to upgrade to Quantum-Resistant (Post-Quantum) Algorithms. So, no need to panic. 😂
In practice, there are some execution considerations. It's hard to organize upgrades in a decentralized world. There will likely be many debates on which algorithm(s) to use, resulting in some forks.
And some dead project may not upgrade at all. Might be a good to cleanse out those projects anyway.
New code may introduce other bugs or security issues in the short term.
People who self custody will have to migrate their coins to new wallets.
This brings to the question of Satoshi's bitcoins. If those coins move, then it means he/she is still around, which is interesting to know. If they don't move (in a certain period of time), it might be better to lock (or effectively burn) those addresses so that they don't go to the first hacker who cracks it. There is also the difficulty of identifying all his addresses, and not confuse with some old hodlers. Anyway, it's a different topic for later.
Fundamentally:
It's always easier to encrypt than decrypt.
More computing power is always good.
Crypto will stay, post quantum.
🇺🇸THE DOLLAR’S ENERGY DOMINANCE IS DYING — AND 2025 JUST BROUGHT THE FUNERAL CAKE
For 50 years, if you wanted to buy oil, you needed U.S. dollars. No exceptions.
That system — called the petrodollar — helped America print money, run up debt, and still stay powerful.
Not anymore.
In March 2025, China signed LNG deals with the UAE — worth billions — and paid in yuan. No dollars involved.
A month later, India paid for oil from the UAE in rupees. First time ever. The dollar wasn’t even invited.
Brazil and China made a deal to trade directly in reais and yuan.
Their message? “Thanks, but no thanks” to the greenback.
Nigeria renewed a 1.5 billion yuan swap with China in February to boost trade in yuan instead of dollars.
And the shocker: Saudi Arabia, founding member of the petrodollar club, is now considering taking yuan for oil. That’s like Nike asking if Adidas makes shoes in their size.
The U.S. tried to punish China for buying oil from Iran in February with more sanctions.
China’s response? Use the digital yuan — a trackable, sanction-proof currency — and ditch the SWIFT system America controls.
Meanwhile, the BRICS alliance (Brazil, Russia, India, China, South Africa) is now actively telling members to stop using dollars and switch to local currencies.
In April, India’s central bank told domestic banks to settle trade with the UAE in rupees and dirhams.
Then on April 1, Saudi Arabia joined Project mBridge — a multinational central bank digital currency platform.
It’s designed to let countries trade directly, without touching dollars or U.S. systems.
Each of these moves alone would be a warning sign.
Together, they’re a global memo: the dollar’s reign in energy is ending.
The U.S. isn’t collapsing. But the world is quietly rewriting the rules — and 2025 is the year the monopoly broke.
Sources: Reuters, Business Standard, CMP, The Star
**The Final Showdown Between China and the U.S.: The Battlefield Shifts from Military Hegemony to Global Currency Warfare**
As the clock struck 3 a.m. on Wall Street, Switzerland’s banking clearing system suddenly flashed a red alert—China’s Cross-Border Interbank Payment System (CIPS 2.0), powered by the digital yuan, went live simultaneously across 16 ASEAN and Middle Eastern countries. The first transaction, a 120 million yuan ($16.5 million) payment for auto parts, cleared from Shenzhen to Kuala Lumpur in 7.2 seconds. This speed, faster than a blink, rendered SWIFT’s three-day processing cycle a relic of the "Stone Age." The global financial world finally awoke: a bloodless currency war, armed with blockchain scalpels, had sliced open the veins of dollar hegemony.
**Behind the Blitzkrieg: What 7 Seconds Upended Beyond Speed**
The digital yuan’s "financial blitzkrieg" struck three fatal weaknesses of the dollar system:
1. **Cost Annihilation**: A cross-border e-commerce company’s ledger revealed that a $100,000 payment to a Thai supplier via SWIFT incurred $4,950 in fees (4.95%) and took 72 hours. Using CIPS 2.0, it cost $0.12 in network fees and settled instantly. This shift from "toll roads to data plans" slashed annual global trade settlement costs—worth $30 trillion—by over 90%.
2. **Technological Supremacy**: In tests by Singapore’s DBS Bank, the digital yuan’s *dual offline payment* function completed transactions without internet, while SWIFT’s VISA/Mastercard systems collapsed. More revolutionary was *smart contract technology*: when Malaysian palm oil arrived at Tianjin Port, the system auto-released payment, eliminating document fraud plaguing traditional trade.
3. **Security Revolution**: The UAE Central Bank showcased a money laundering case where the digital yuan’s blockchain ledger tracked every cent. A syndicate’s attempt to launder funds through 16 layered accounts was intercepted by AI risk controls in 0.3 seconds. In contrast, 85% of SWIFT’s cross-border money laundering cases require manual tracing, averaging 47 days.
**De-Dollarization Tsunami: 16 Nations Pivot**
This financial infrastructure revolution is triggering a chain reaction:
- **ASEAN** announced that 90% of intraregional trade will settle in digital yuan by 2025, with Indonesia adding the yuan to its core forex reserves.
- **Saudi Aramco’s** crude oil contract with Sinopec now prices 65% in digital yuan, cutting settlement from T+5 to T+0.
- The **City of London** rushed to launch a "digital pound accelerator," but Bank of England officials admitted: "We’re at least 2.3 years behind China."
**Twilight of Hegemony: SWIFT’s Last Stand**
Facing this tech gap, the dollar system’s counterattacks falter. When the U.S. Treasury threatened sanctions, Malaysia’s central bank retorted: "We refuse to launder money for Afghan opium traffickers anymore." SWIFT’s data shows 23% of suspicious transactions flow to "unknown" entities. Worse, China controls 78% of global rare earth refining and 85% of neodymium magnet production—critical for blockchain miners. This "resource-tech duopoly" fortifies the digital yuan’s defenses.
**Endgame: When Financial Infrastructure Becomes the New Nuke**
This revolution aims to democratize finance through technology. As cross-border payments shift from "exclusive couriers for elites" to "instant messaging for all," the dollar’s "monopoly rent from settlement systems" will vanish. Nobel economist Stiglitz noted: "The digital yuan isn’t replacing the dollar—it’s redefining the dimensions of monetary civilization."
**Final Thought:**
When 7-second settlements become routine, and blockchain ledgers replace bank credit, how will global currency dynamics mutate? Will this "financial blitzkrieg" accelerate a multipolar monetary system, or provoke a desperate counterstrike from traditional powers? Share your predictions in the comments.
--- *Chen Chen’s Insight, Baidu Dynamics*
MAKES ME SAD: In 2025 credit card debt is at all time highs. US debt is at all time highs. Unemployment is rising. 401 k’s are losing. Pensions are being stolen. USA may be heading for a GREATER DEPRESSION.
I get sad because as I stated in an earlier X….Tweet….I warned people this chaos was coming in Rich Dad’s Prophecy, a book about the coming biggest stock market crash in history….that is here now.
In fact, in most of my books, such as Fake, Who Stole My Pension, and even Rich Dad Poor Dad….warned of a coming financial disaster.
People who heeded my warnings are doing well today. I am concerned for those who did not.
The good news is you can still do something and maybe even get rich, very rich.
As those of you who follow my X posts, I often end with “buy gold, silver, and Bitcoin. Some of you have complained I repeat the same advice, over and over.
I repeat that advice today.
For those who take action today, when the crash crashes, those who invest in just one Bitcoin, or some gold, or silver…. You may come through this crisis a very rich person. It’s not too late, if you take action.
But if you wait, it may be too late, after the giant crash.
As I stated in an earlier tweet, poor people are poor because they speak and think poor words….words such as “I can’t afford it, I’ll try, and “I will wait.”
As that Tweet quoted from lessons I learned in Sunday School, “And the word became flesh.”
Simply said “poor people speak poorly about them selves.”
If a poor person bought a few ounces of gold or silver, or 1/2 of a Bitcoin…. I predict they may become the new rich….once this Depression is over.
I strongly believe, by 2035, that one Bitcoin will be over $ 1 million dollars. Gold will be $30k and silver $3,000 a coin.
It will be the easiest money you ever made.
Those who wait in fear….may be the biggest losers.
This coming Great Depression will cause millions to be poor….and a few who take action, may enjoy great wealth and freedom.
The giant crash I predicted….the crash that is occurring now….may be the opportunity of your lifetime….to achieve great wealth and more importantly….financial freedom.
Please don’t waste this giant crash.
Study, learn, create a plan, and take action.
Take care and best of luck.