peze

golden phase of consensus. ornate attestations. decorative validators. beauty in detail.

[Kalshi Crypto @Kalshi_Crypto]

JUST IN: Bitcoin has fallen out of the top 10 largest assets in the world by market value

[Watcher.Guru @WatcherGuru]

JUST IN: Michael Saylor's 'Strategy' now has an $11.5 billion unrealized loss on its Bitcoin investment.

[Crypto Rover @cryptorover]

Altcoin holders waited 5 years for altseason.

Most altcoins are now down 90%.

Meanwhile every other asset on the planet is pumping.

RIP altcoin holders.

[vitalik.eth @VitalikButerin]

Regular reminder:

A key property of a blockchain is that even a 51% attack *cannot make an invalid block valid*. This means even 51% of validators colluding (or hit by a software bug) cannot steal your assets.

However, this property does not carry over if you start trusting your validator set to do other things, that the chain does not have control over - at that point, 51% of validators can collude and give a wrong answer, and you don't have any recourse.

[Alex Krüger @krugermacro]

I largely think of "crypto" as a failed asset class at this point.

I've written about the causes multiple times. Mainly, most crypto assets are worthless, or have dreadful value accrual, and most founders have abused the lack of guardrails and dumped on people indiscriminately, or are outright scammers.

On top of that we had the Memecoins SuperBullshitCycle, a trend that brought the worst out of people, and sucked everyone's souls & pockets dry. And then came the never-ending wave of DeFi hacks, which has dramatically increased since last April.

This can seem contradictory, as adoption of "crypto" is surging:

> Stablecoin adoption continues growing fast
> Politicians in the US are openly pro crypto
> Tradfi is looking at tokenizing everything
> Usage of equities & commodities perps is exploding in offshore and DeFi exchanges
> The US is in the early stages of adopting perps
> Prediction markets are becoming part of everyone's daily lives

These are more "blockchain" than "crypto", although there are some exceptions with a token in those fields, most of which have been performing very well in recent months. A few among those exceptions even distribute most revenue to holders via buybacks (Hyperliquid in particular), which is what every investor actually wants to see to be invested in a good business rather than a fleeting narrative.

We also have the privacy category. The one old school crypto category that is not liquid diarrhea. The world needs private non-custodial stores of value.

Crime in particular needs privacy, as proven by the DoJ confiscation of $15 billion in Bitcoin from Cambodia's pig butchering farms, legal filing for which was submitted on October 8, 2025 (coincidentally right before 10/10). Of course, everyone needs privacy, not just criminals, but crime flows are real, and large.

The asset attracting the most flows in this niche is Zcash. Zcash's recent performance has been fascinating, as it has been trending higher with bitcoin trending lower, a sign of real reallocation among bitcoiners.

Another crypto category that is not dead is the "AI" category, full of high flying, fundamentally lacking, narrative driven tokens. The standout exception is Venice, a private AI platform with growing users and revenue, whose tokens are directly backed by the business rather than a narrative.

So one could say old "crypto" is a failed asset class, but from the ashes come new beginnings, and the new face of crypto is one heavily dominated by the needs of Tradfi, prediction markets, AI, and privacy.

Crypto sucks. Long live crypto.

[CoinDesk @CoinDesk]

HISTORY: Seven years ago today, @chainlink launched on Ethereum mainnet with a single ETH/USD price feed and three oracle nodes.

[Ripple @Ripple]

The demand for modern, always-on settlement infrastructure continues to grow.

@Mastercard’s support for $RLUSD and the XRP Ledger reflects growing demand for trusted digital assets and blockchain infrastructure that can power faster, more flexible settlement.

[Polymarket @Polymarket]

NEW: SEC names digital assets & blockchain technology a “core focus” in its 2026–2030 strategic plan.

[Ash Crypto @AshCrypto]

Yesterday the crypto market just had its 3rd largest liquidation event of 2026.

$1.8 billion in leveraged positions got liquidated as $BTC dropped to a 2-month low and $ETH dropped to a 3-month low.

And the worst part? This did not happen because of weakness in market or some major bad news, this was a result of pure manipulation to hunt leverage and flush out retail.

The US stock market hits historic highs and BTC is down -45% from its peak ? There is no genuine explanation for this.

[🇺🇸 Edward T. Winslow @EdwardTWinz]

I just sold all my crypto.

The news I just heard is scary.

I’m done with this.

And I’m never coming back.

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸🇮🇷 US imposes sanctions on Iran's largest crypto exchange 'Nobitex.'

[Watcher.Guru @WatcherGuru]

JUST IN: Visa, Mastercard and Stripe to launch crypto stablecoin platform.

[Altcoin Daily @AltcoinDaily]

this was crypto’s largest liquidation event since 10/10

[peze @proof_klimt]

Curious what others are seeing. Anyone else?

[peze @proof_klimt]

$ETH fees dropping again. Great time to explore DeFi #Ethereum

[TON 💎 @ton_blockchain]

Toncoin (TON) -> Gram (GRAM)

Community vote is live.

Since Telegram took a leading role in TON's development, the chain got 10× faster, fees 6× lower.

And now Telegram proposes one more change: renaming Toncoin to Gram - the name from the original TON White Paper that never left the codebase.

Vote here -> https://t.co/TH8DTmXJ61

[peze @proof_klimt]

$BTC holding strong. Are you accumulating or waiting? #Bitcoin #Crypto

[Kalshi Crypto @Kalshi_Crypto]

JUST IN: Tom Lee's 'BitMine' buys $50M worth of Ethereum

[Ripple @Ripple]

24/7 regulated crypto futures and options trading are here through @CMEGroup, and Ripple Prime is a day-one clearing partner.

Institutional demand meets institutional infrastructure.

Built for always-on markets.

[Watcher.Guru @WatcherGuru]

JUST IN: Binance to allow conversion of US stocks to tokenized stocks on BNB blockchain.