martinkou

Sovereign AI - AI should be yours.

[martinkou @martinkou]

@__tinygrad__ @satyanadella @github Use Forgejo instead

[martinkou @martinkou]

What the red button vs. blue button meme highlights is how everyday people focuses on answers, even though they're given a contrived premise that's engineered for engagement only.

I'll just make random reference to HxH - "A lethal pop quiz doesn't need to be answered".

[martinkou @martinkou]

@KobeissiLetter Did Jim Cramer just save the world?

[martinkou @martinkou]

Great summary of the current state of the Clarity act, being marked up in Senate right now.

[Jake Chervinsky @jchervinsky]

1/ 🚨 Market structure goes to markup tomorrow!

This is a historic moment for crypto in Washington. Senate Banking has done extraordinary work putting together a strong product.

There’s a lot to like in the new draft, but also some key issues left to address. Let's discuss 🧵

[Bill Hughes @BillHughesDC]

The new Senate Banking draft of market structure just was published and here is where ChatGPT says it draws the regulatory perimeter when it comes to self custody interfaces (This is quick - a deep dive is required):

This is the crux of this bill — and the answer is yes, it really does protect non-custodial web interfaces, but only up to a very sharp line.

Here’s the clean way to understand it.

⸻

The bill creates a three-layer stack

The bill doesn’t say “wallets good, websites bad.”
It says:

There are three legally different things:
1.Protocol layer
Smart contracts, blockchains, bridges, DEX contracts
2.Control layer
Who can stop, change, route, or custody transactions?
3.Interface layer
The website or app users click on

Regulation attaches only if control exists.

⸻

When a web interface is PROTECTED

A web interface is legally treated as mere software if:
•It does not hold user funds
•It does not control private keys
•It does not have authority to approve, block, reorder, or reroute transactions
•It does not have discretion over execution
•It does not act as an agent for the user

In that case, even if the website:
•Shows prices
•Builds transactions
•Suggests routes
•Broadcasts transactions
•Charges UI fees

…it is legally a non-custodial publisher of software, not a broker or exchange.

That covers:
•Uniswap web UI
•1inch
•MetaMask swap UI
•Non-custodial bridges
•Wallet-embedded DEXs

They are statutorily carved out of financial regulation.

⸻

When a web interface becomes REGULATED

The moment the operator has control, it flips.

If the website operator can:
•Hold assets
•Move funds without user signature
•Batch or net trades
•Route orders through proprietary liquidity
•Pause, censor, or reverse transactions
•Decide whether a transaction executes

then the interface becomes a:

Broker / dealer / exchange

even if it still uses blockchains underneath.

That captures:
•Coinbase
•Binance
•Robinhood Crypto
•Custodial bridges
•Hosted wallets
•CeFi yield platforms

⸻

The key test CLARITY uses

The bill’s rule is basically:

Who has the power to make the transaction happen?

If the user’s private key is the only thing that can move funds → protected
If the website operator can move or stop funds → regulated

The web UI is irrelevant by itself.
Control is everything.

⸻

Why this is a real safe harbor

CLARITY doesn’t just say “we won’t regulate you.”
It says agencies may not re-classify non-custodial interfaces as intermediaries just because they:
•Are popular
•Earn fees
•Look like an exchange
•Are easy to use

This blocks the SEC/FinCEN theory that:

“If users trade through your website, you’re an exchange.”

Under CLARITY:

“If users trade through their own keys, you’re software.”

⸻

Bottom line

Yes — the bill really does protect non-custodial trading interfaces.

But it mercilessly regulates anything that:
•Touches custody
•Touches execution
•Touches control

That bright-line is what makes the bill powerful.

[martinkou @martinkou]

There needs to be a class action lawsuit for all crypto companies and holders w.r.t. arbitrary de-banking. Banks must pay for the business and personal impacts caused by their discriminatory practices.

https://t.co/MoIw1p6XEV

[Tim Urban @waitbutwhy]

Very few of us know the people at the tip of the spear. We can make the biggest impact by uniting against the handle, making that behavior far more taboo than it is now.

[martinkou @martinkou]

https://t.co/bj2pjBk172

Trojan horse discovered in VSCode Solidity plugin. Possible rootkit or crypto stealer.

[martinkou @martinkou]

@paulg You work 996 or 997. 12 hours per day goes to work. 8 hours to sleep. 2 hours to body maintenance. 2 hours left per day is left for discretionary spending.

2 hours is not enough time to recover from a hangover. So either alcohol is out, or someone has >24 hrs per day.

[Michael Feng @fengtality]

you can now trade tokenized stocks on Solana with Hummingbot

[Georgios Konstantopoulos @gakonst]

We had a bug in Reth's state root computation today in Ethereum mainnet, which caused multiple nodes to stall.

Recover by running the following:
```
1. reth stage drop --datadir DATADIR merkle
2. reth stage unwind --datadir DATADIR to-block 23272426
3. reth node --datadir DATADIR --debug.tip 0x2eb1fcafd864aafe21f2cb66310a869b8945231330f0da80c9e9b77861b56fca
```

We are still investigating root cause, but the above gets you past the issue. This is safe to run on both pruned & archive nodes, won't lose you any RPC information, and will take ~45m to rebuild the trie before it continues syncing.

Brutal moment, but ultimately one we learn from and get stronger as we break through performance barriers.

https://t.co/6stv2YxFVI

[hummingbot @_hummingbot]

The new Hummingbot MCP Server is now available in @Docker MCP Hub!

One click adds the MCP Server to your Docker Desktop, and then it will expose a comprehensive set of tools to your AI agent of choice, turning a local or remote Hummingbot API into a powerful trading agent.

[martinkou @martinkou]

Wow, apparently you can add prompt injection attacks in public forums and randomly attack insecure agentic crawlers, including Perplexity.

https://t.co/Crl4fzkj8W

[hummingbot @_hummingbot]

Now you can just talk to your bots!

Check out @cardosofede's livestream on how to use the new Hummingbot MCP server to add credentials, analyze your portfolio, execute trade, deploy bots, & more!
https://t.co/wKmqfMpJow

[Fede Cardoso @cardosofede]

this Friday I will be streaming again! let's build some cool stuff with Hummingbot API and Hummingbot MCP...
let me know what do you want to see ;)

[martinkou @martinkou]

@dcinvestor I'm a professional HODL'er.

[DCinvestor @DCinvestor]

like or retweet this post if you didn’t turn bearish on Ethereum, ETH, and its developers and community at the bottom

because you deeply understood that Ethereum is the future of global settlement and trust

and you weren’t going let someone psyop you out of it

[martinkou @martinkou]

GENIUS act signed by Trump into law today.

https://t.co/WnkKfyKpuk

[martinkou @martinkou]

The landslide passage of crypto legislations today also signifies the end of the boomer generation's dominance over the Democrat party.

The anti-crypto army of Elizabeth Warren can keep screaming - they have only made it clear that they have no votes.