Valor Meta

[Murch @murchandamus]

BIP 361: "Post Quantum Migration and Legacy Signature Sunset" has been published.

You can read it here: https://t.co/JIuMbitQQj

[Alexander @alexanderrX_]

i am sorry but which other CEO in America does something like this:
“first off, if you're one of the people affected, you'll receive your salary for 20 weeks + 1 week per year of tenure, equity vested through the end of may, 6 months of health care, your corporate devices, and $5,000 to put toward whatever you need to help you in this transition (if you’re outside the U.S. you’ll receive similar support but exact details are going to vary based on local requirements)”

Absolute class from Jack and pure honesty is respected even more. Those that are kept on should be grateful but also appreciate you are hard workers.

No doubt we will see A LOT of this in the next few months. Nowhere near as classy as Jack tho…

[Brickken @Brickken]

Read the full article on Forbes 👇

https://t.co/uVopRdDrZj

[Valor Meta @DemanTai]

Get your ‘Free Jay Powell’ T-shirts here https://t.co/Zsi8jwBtlP via @ft

[Valor Meta @DemanTai]

@cademarket Me pretty PLiz

[Todd Stankiewicz @Todd_Sykon]

This is not may not be about the economy being bad. It could be about inflation running a little hotter than expected and they may not want this news to affect the rate decision next week.

Then again… It could just be that this is the government and they are running so inefficiently, it’s exactly what they say… they don’t have the data.

[altoshi @stablealt]

Telegram Anonymous Numbers are one of the best performing assets in recent years.

these NFTs, officially issued by @Telegram, let you log in to Telegram without a government-issued SIM, offering complete privacy.

chart is up-only since mint in 2022, total supply is limited to 130k

floor price is ≈2600 USD, giving the market cap of $340m

for comparison, $ZEC market cap is $7 billion

Telegram has 1 billion active users, the supply is only 130k.
Only 1 number per 7700 users.

people are buying and connecting them to their Telegram accounts, giving a “deflationary” effect

I had one, which bought back in 2023, now buying dozens more here at $340m mcap.

privacy meta.

[Alex Younkin @alyounkin]

https://t.co/xl7WbFIZ7D

[Jurrien Timmer @TimmerFidelity]

With last week’s rate cut also comes the end of the Fed’s balance sheet reduction (QT). The Fed’s reverse repo facility (RRP) is now depleted and the Treasury’s cash balance (TGA) has grown to $1 trillion. That’s a robust cache of “fiscal QE” waiting to be deployed. I’m not sure why the TGA is so high, but I’m sure Treasury Secretary Bessent has a reason!

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Global broad money supply surged +6.7% YoY in September, reaching a record $142 trillion.

This measure covers 169 economies, representing 99% of global GDP.

Year-to-date, money supply has jumped +9.1%, driven by China and the US.

Since 2000, global money supply has risen +446%, or $116 trillion, a compounded annual growth rate of +7.0%.

China now makes up the largest proportion, at $47 trillion, or 33% of global liquidity.

The European Union follows at $22.3 trillion, or 16%, and the US at $22.2 trillion, or 16%.

Money supply is through the roof.

[Siqi Chen @blader]

this is a long read, but i had some time to think over dinner and wanted to share a few thoughts and provide a plan forward:

0. i’ve had a lot of very memorable days on the internet over the past 30 years, but this one tops them all. my wife yi and i are unbelievably grateful to the SOL community. as a reminder - 100% of every penny we've made from this, across every kitkat/memecoin, including LP fees will be going directly to rare disease research (minus any tax obligations).

i will work on a way to verify this commitment transparently with the community in the form of donation receipts. thankfully the chain is already publicly auditable.

1. a lot people seem very upset that early traders made a lot of money off of $MIRA. i don't get this at all. they made a good investment early, and got rewarded for it. good on them.

when we originally started our gofundme, we were hoping to contribute maybe $2-300K or so beyond what we donated early this year to hankinson lab for christmas.

now, even if we don't sell a single token more, we're going to send them at least $1M this christmas. that's INCREDIBLE - and it makes such a huge difference. the reality is if those early people didn't make these moves, the lab would be worse off. providing more funding for research is the only thing that matters to me here, full stop.

how much degens make or lose money in the pvp trenches of pump is not something that is any of my business. if you made a lot of money, i'm genuinely happy for you - but please consider donating some of your profits to hankinson lab., if you lost a lot of money, i’m very sorry - but magic internet money is magic internet money.

2. at least a few crazies in mentions think that i was somehow on the “inside” and this entire thing has been some kind of conspiracy - if you're one of them, i just don’t know what to tell you.

i have a day job and it is not degening magic internet money. i run a company funded by a16z called https://t.co/H4cYVauj1h, and we work on non-crypto finance software for cfos. nowdays, by night i do deep research into craniopharyngiomas and related brain tumors. i literally didn’t have a personal SOL address until yesterday.

crypto wasn’t even a payment option outside of gofundme until folks asked me for one, and when i gave them one it was my ENS. the idea that i would have the time and even know how to do something like this is wildly unbelievable.

3. i am not elon - between running a growing startup, dealing with my daughter’s medical condition, and other obligations, i simply don’t have the bandwidth to manage a crypto anything. so my constraints on a path forward are:

1) to maximize support to rare disease research by providing predictability / trust
2) to do so in the most transparent way possible that helps me sleep well at night
3) to do it in a way that doesn’t take very much of my time to manage.

so here’s the plan: starting in about 12 hours, i will be liquidating $1,000 worth of $MIRA every 10 minutes, perpetually. no more and no less than that. if i change this schedule, i commit to announcing it 24 hours in advance.

if you want to rug it to $0, go for it - at the end of the day we set out to raise $200K and we will end up with at least $1M towards rare disease research.

no matter what, this has been a win for the world. but if it moons, then hankinson lab will get the SOL’s community support for much longer, and that really makes a big difference.

so that’s it! hope that's all pretty simple and reasonable.

yi, mira and i are so unbelievably grateful to you all - each and every one of you. christmas magic was made real this year thanks to all of you. forever grateful.

[Valor Meta @DemanTai]

@blader Please sell a good chunk. The Cats and Dogs tokens are for the family, the MIRA for the lab and we can only hope everything goes will with Mira! <3

[The Kobeissi Letter @KobeissiLetter]

The Fed's worst nightmare is officially here:

Today's data confirms ALL 3 inflation metrics are back on the rise.

For the first time since February 2022, Core CPI, PCE and PPI inflation are now rising at the SAME time.

Did the Fed spark a new wave of inflation?

(a thread)

[Barchart @Barchart]

BREAKING 🚨: U.S. Banks

U.S. Banks are now facing $515 billion in unrealized losses - Probably Fine

[Elon Musk @elonmusk]

Did you know that 30 tech founders were secretly debanked?

[CryptoDep @Crypto_Dep]

⚡️Biggest Crypto Fundraising Events of Q3 2024

@CelestiaOrg - $100M
@sentient_agi - $85M
@StoryProtocol - $80M
@infinex_app - $65.2M
@PartiorOfficial - $60M
@StableCoin - $58M
@chaoslabs - $55M
@MorphoLabs - $50M
@saharaai - $43M
@humafinance - $38M

Investors: @sequoia, @a16zcrypto, @PanteraCapital, @BinanceLabs, @polychain, @HashKey_Capital, @hiFramework, @wmt_ventures, @HaunVentures, @foundersfund, @BainCapCrypto, @FoliusVentures, @cbventures, @MoonrockCapital, @IndexVentures, and others. Let's take a look!

$TIA $MORPHO $HUMA

[CryptoDep @Crypto_Dep]

⚡️Biggest Crypto Fundraising Events in September 2024

@CelestiaOrg - $100M
@infinex_app - $65.2M
@humafinance - $38M
@ton_blockchain - $30M
@Balance_Fun - $30M
@DriftProtocol - $25M
@heliuslabs - $21.7M
@HypernativeLabs - $16M
@hemi_xyz - $15M
@initiaFDN - $14M

Investors: @a16zcrypto, @BinanceLabs, @hack_vc, @animocabrands, @borderless_cap, @bcap, @foundersfund, @Delphi_Ventures, @HaunVentures, @BigBrainVC, @hiFramework, @HashKey_Capital, @ForesightVen, @MoonrockCapital, @bitgetglobal, and others. Let's take a look!

$TIA $TON $DRIFT $INIT

[Top 7 | Tech, AI & Crypto Analytics @top7ico]

Top 7 Crypto Fundraising Rounds of the Week

Let’s take a look at the top 7 biggest private crypto fundraising rounds completed in the previous week, backed by crypto venture investors including BainCapital, 1k(x), Solana Ventures, Animoca Brands, Bitkraft and others.