some news
i've recently joined @squidrouter as head of socials
in case you don't know, wtf is ✨Squid✨?
2 things.
first up, they built the best crypto protocol you've never heard of
> bridge 20,000 assets to 100+ chains; 1000+ integrations
> trusted by partners like Metamask, Circle, Ripple, and [redacted]
> the interop layer for everything, everywhere
second, they are a consistent & classy team in a world that's short on it
> no farming, no extraction
> building for years, surviving every cycle without giving up
> working with transparency, creativity, and honestly
at a time when crypto feels like the only solution to a world of chaos
Squid is the way to navigate everything, and there's much more coming
now it's my job to help tell the story
hard to fundamentally be bearish on crypto
- major apps have cut-through traction (polymarket, hyperliquid)
- payments is a massive use case
- tradfi tokenization growing
- onchain stocks and pre-stocks
- stablecoin adoption full speed
- infra connecting everything (you're welcome)
the main issue we have is reputational, the thing works guys
news below 👇
HEY YOU
i'm sure you were scrolling X all day long, but in case you weren't
here's your top 5 crypto, AI, and fintech news for the last 24h:
1. BITCOIN. more than 50% of BTC supply is now underwater
bitcoin is back in stress-test territory. per k33. prior bottoms usually followed within weeks, often after one final leg lower.
2. INFLATION. US inflation rose, as expected
US CPI rose 4.2% y/y in may, the fastest pace in 3 years. the print met expectations, but keeps the fed hands tied.
3. AI. regulation talk got louder
@AnthropicAI CEO dario amodei called for mandatory third-party testing of frontier models, comparing AI safety rules to aviation regulation.
4. SPACEX. Sen Warren calls for delay to spaceX ipo
@SenWarren urged the sec to delay spacex’s ipo, citing its valuation, governance structure and risks to ordinary investors.
5. ONCHAIN. figure acquires kiavi
@Figure agreed to acquire @kiavi_inc for $717m, adding more than $7b in annual first-lien loan volume to its blockchain marketplace.
while you're reading, here's @hosseeb on @_choppingblock yesterday discussing the @Zcash exploit
come back tomorrow for more