Thibault

dunning kruger maximalist | in charge of Blockchain Solutions at @Sygnumofficial

[Thibault @subnethunter]

1/17🧵 on crypto risks and why it pays in the long run to be risk focused and not only a profit maximizooooor

[Sygnum Bank @sygnumofficial]

Thomas Eichenberger, Sygnum Deputy Group CEO & Chief Strategy Officer, is among the lineup at the Open conference in Singapore next week, held in the lead-up to @token2049.

On 6 October, Thomas will speak on the Main Stage about "The 24/7 Bank: Rebuilding Banking for an Onchain World," alongside Kirit Bhatia (@BankingCircle), Felix Eigelshoven (@dfnsHQ), Mark Daly (@zerohashx), and moderator Sagar Sarbhai (@monad).

The panel covers how banks are leveraging blockchain to reshape their core products, the pain points of traditional banking that onchain finance solves, and whether legacy banks can compete with the new financial stack of wallets, stablecoins, and cards. It also explores how revenue models are shifting and the regulatory challenges facing this new era of banking infrastructure.

Thomas will also be on the ground during TOKEN2049 with Sygnum's Mathias Imbach, Reto M., Gerald Goh, Jason French, Max S., Isabel Niggli, Lukas Jelk, Lutz Preussler, Matthias Friedli, CFA, Marko Maruna, Aaron Foo, Yuin Ping C. and Jakob Kralj. If you are around, come say hello - the team is looking forward to meeting you and talking digital assets.

See the Open conference agenda: https://t.co/GgEqmBtu6B

#FutureFinance #marketsnapshot #OpenConference #TOKEN2049

Disclaimer: https://t.co/lCkJmXaKLS

[Stani @StaniKulechov]

Avalanche will be the hub for RWAs for Aave.

[Thibault @subnethunter]

@brancasi @stats_feed Definitely not 😂
Also who lives on Bahnhofstrasse even in Kreis 3 you see such prices

https://t.co/YY3bAn5e3V

You can find things at 13k/sqm, but 20+k is not an oddity it’s the norm

[ZachXBT @zachxbt]

11/ Home invasion robberies remain one of the cases I prioritize most and if you are a victim do not hesitate to reach out for help.

I have frozen multiple seven figures across US & EU incidents and identified several perpetrators for cases which I hope to be able to share details about in the near future.

Unfortunately, due to the sensitive nature of these cases I can't always publicize them as quickly as I'd like.

M1llionz has gone quiet on TikTok and Telegram in recent weeks and set his TikTok posts to private. I've since identified two further attacks within 2 hops of his OTC addresses.

In my experience, French law enforcement cares about helping victims and solving these cases, though inefficient laws can hinder outcomes.

[Koki @k0k1eth]

Most crypto companies shutdown after TGE or 2 years after they have started their business.

But there are still companies that have lasted for years some even decades and most are based in Switzerland:

- @BitcoinSuisse_ (Founded 2013, based in Zug): The oldest and a leading crypto-financial services pioneer in Switzerland, offering prime brokerage, storage.

- @ethereumfndn (Established 2014, based in Zug): The non-profit organization supporting the ecosystem of Ethereum, the world's second-largest blockchain network.

- @WecanGroupSwiss (Founded 2015, based in Geneva): Specializes in enterprise-grade blockchain software solutions for institutional and banking partners.

- @Cardano_CF Foundation (Established 2017, based in Zug): The Swiss-based supervisory and core body advancing the Cardano blockchain network.

- @AMINABankGlobal (formerly SEBA Bank, founded 2018, based in Zug): A fully regulated pioneering crypto bank providing seamless bridges between digital and traditional assets.

- @sygnumofficial Bank (Founded 2017/2018, based in Zurich): The world’s first digital asset bank, offering regulated banking, custody, and trading services

[Crypto Valley Journal (English) @CVJournal_ch_EN]

Starting in May 2026, @PostFinance will expand its crypto business to include Swiss corporate clients. Companies, financial institutions, insurance companies, pension funds, and corporations will be able to trade 22 cryptocurrencies in the future.

https://t.co/PfA2FKZ5bO

[Thibault @subnethunter]

@k0k1eth @PaulusAgape Dafür kriegst du nur den Grass, ist aber nicht gelogen Auto kannst du sicher auch gleich dort parken 😆

[Aave @aave]

Aave LLC has filed an emergency motion to vacate a restraining notice served on Arbitrum DAO on May 1, 2026 that attempts to seize approximately $71 million in ETH belonging to victims of the April 18 exploit.

A thief does not gain lawful ownership of stolen property simply by taking it, and the law is clear on this. Those assets were recovered to be returned to users victimized in the April 18, 2026 exploit. Freezing them harms the very people this recovery effort is designed to protect.

We’ve asked the court for an expedited hearing and a temporary vacatur, and we are continuing to work alongside the Arbitrum community and DeFi United to make affected users whole.

[Koki @k0k1eth]

🇨🇭 Part two. Three more Swiss projects that most of CT never talks about.

Europe needed a regulated crypto platform that could compete with Coinbase. A team in Lausanne built it before anyone else tried.
@SwissBorg launched in 2017 and spent years solving a problem nobody wanted to touch.

How do you build a crypto platform that is MiCA approved, licensed across Europe, and still competitive on product with the biggest exchanges in the world?

Their Meta-Exchange aggregates liquidity across dozens of CEXs and DEXs and executes the optimal route automatically. They built a launchpad giving retail users access to pre-TGE deals previously locked behind VC relationships.

And they just closed a Mastercard partnership for a crypto debit card accepted at over 150 million locations.

Over 1 million users. While everyone watched the US exchanges, SwissBorg was building the infrastructure compliant crypto in Europe actually runs on.

Then in Zurich, two founders identified the single biggest blocker to institutional capital entering crypto.

It wasn’t volatility. It wasn’t technology. It was the absence of a regulated counterparty that institutions could legally trust.

Think about what banks were doing to crypto companies in 2017. Closing accounts. Refusing to onboard. Treating digital assets like financial crime waiting to happen. Most traditional banks are still doing this today.

@sygnumofficial went the other direction. They got a full Swiss FINMA banking licence, built every product institutions actually need, and opened for business as the world’s first regulated digital asset bank.

In January 2025 they hit a $1 billion valuation. By December they had partnered with BNY for USD settlement. Over 2,000 institutional clients across 80+ countries are now moving real capital through a bank that chose crypto when every other bank was running from it.

Most banks are still figuring out whether to let a crypto company open a basic account. Sygnum was already a bank.

Same city. Same year. A completely different angle on the same problem.

Hany Rashwan and Ophelia Snyder saw that institutional capital still couldn’t touch crypto directly. Pension funds and asset managers needed a regulated security they could buy through infrastructure they already used for stocks and bonds.

November 2018. Crypto had just lost 80% of its value. Every institution that had flirted with the space had quietly backed away.

Rashwan and Snyder listed HODL anyway.
@21Shares put the world’s first physically-backed crypto ETP on the SIX Swiss Exchange with $5 million in assets and zero guarantee anyone would care.

By mid-2025 they had surpassed $10 billion in AUM and held roughly one third of all European crypto ETP market share. In 2025 alone their secondary market turnover surged 56% to over $11.9 billion.

The US didn’t approve a spot Bitcoin ETF until January 2024. Switzerland had physically-backed crypto ETPs on regulated exchanges six years earlier.

Every time an institution buys crypto exposure through a regulated exchange today, the structure traces back to one product, listed in a bear market, by two people in Zurich who didn’t wait for permission.

One country. Three more companies. All building the rails the rest of the industry runs on.

Part three is coming 👀

[Thibault @subnethunter]

@k0k1eth Gerne 👊🏼

[Leuts.eth @A_Leutenegger]

None of these banks besides Sygnum will even give a bank account to crypto projects.

[Thibault @subnethunter]

@Luzius please reassure the gentleman about the solidity of @frankencoinzchf behind the scenes

[Koki @k0k1eth]

@jakobonchain @frankencoinzchf is the only one i know, is it good or not?

[Koki @k0k1eth]

@jakobonchain @frankencoinzchf is the only one i know, is it good or not?

[Thibault @subnethunter]

@cremieuxrecueil I just gave up and read Sanderson now, at least when he procrastinates it’s to sneakily write another book

[Udi Wertheimer @udiWertheimer]

CT is just a collection of poors hating on anyone with money

vitalik created the second biggest blockchain of all time. he raised $10m and turned it into a network worth $250 BILLION

outside of bitcoin, every crypto innovation that people like was enabled by his work

stablecoins, memecoins, liquidity pools, lending, zk stuff, all of it was bootstrapped on ethereum. even solana only exists because ethereum inspired competition

bro is allowed to sell $40m every once in a while. shut the fuck up

[Thibault @subnethunter]

@grok @paperlib @stats_feed Almost correct. The rule still apply until 2028

[Thibault @subnethunter]

@LeonWaidmann This is due to the switch to pectra with top up from 0x02 validator competing with full deposits while the overall number of validators that are admitted has been decreased since they can in theory stake 2048 ETH per validator, yet very few people stake with 0x02 yet

[Thibault @subnethunter]

Probably would be nice to credit the creator of hotstuff @TedYin

https://t.co/wNZ7j4Sfnr

Who ended up building the consensus behind @avax with @kevinsekniqi and @el33th4xor

[misbahu @bichistriver]

mark Zuckerberg abandoned his blockchain. i found the secret behind it. it's called Hotstuff. and you're ngmi if your chain is not using it. let me unpack it 🧵

[Matthew Tan @mtbitcoin]

In 2015, when I first started building Etherscan as a solo founder, I would at times get "stuck" (no AI helpers back then!). One particular tricky area was the "internal txns". I remember reaching out to Peter late at night on Gitter —he was very helpful and kind.. he replied, explained, even drew diagrams.

In 2016, while trying to figure out how to keep Etherscan sustainable (after getting rejected for a foundation grant 😅), I applied to @BoostVC. They needed a reference—Peter kindly agreed to be one.

Peter didn’t just help with Ethereum—he helped the people building around it. Sincerely wishing you the very best in your next chapter @peter_szilagyi. 🙏

[Guardian @GuardianAudits]

So, how can you protect your contracts?

✅ Deploy + initialize in a single tx
✅ Use _disableInitializers() in logic constructors
✅ Never write to legacy proxy slots
✅ Use ERC-7201 namespaced storage
✅ Simulate upgrades + diff storage (forge inspect)