Sun

Ex @UN Love Art + DeFi @bdicinsurance have two Shibas 🐾🐾

[Sun @SunOnChain]

$BDIC is coming....

[BDIC Insurance @bdicinsurance]

Blockchain Deposit Insurance Corporation (BDIC) establishes a Singapore entity, engages Cole-Frieman & Mallon LLP, and updates BDIC Coin Token Sale timing.

Blockchain Deposit Insurance Corporation (BDIC) has established BDIC SG PTE LTD, which is intended to serve as the company’s primary insurance underwriting hub.

What the announcement covers:

→ Singapore: BDIC will begin regulatory engagement with the Monetary Authority of Singapore (MAS) to write policy coverage directly. Until approval, client coverage will be placed through dedicated insurance cells with network partners.

→ Counsel: @CFMLLP Cole-Frieman & Mallon LLP has been engaged as BDIC’s outside counsel in the United States.

“Insurance is an important marker of a mature market. It is time crypto was properly insured,” said Daniel M. Payne, Partner at Cole-Frieman & Mallon LLP.

→ BDIC Coin: the Token Sale is targeted for Q1 2027. BDIC Coin will be issued by a Cayman Islands foundation and its British Virgin Islands subsidiary, independently of BDIC, once those entities are established.

“We are building a global insurance infrastructure, and that is only credible if the legal foundation is done properly and done first,” said Jeffrey A. Glusman, CEO and Founder of BDIC.

Read the full release: https://t.co/xxNeNMt3Ph

#CryptoInsurance #DigitalAssets #Singapore #MAS #InsuranceInnovation

[Sun @SunOnChain]

@alexxxx @inversebrah

[Sun @SunOnChain]

$TSLA iykyk

[Brivael Le Pogam @brivael]

Prediction. Screenshot this post, we'll talk again in five years.

They're going to pull it off. Jensen Huang is going to be pushed out of Nvidia.

And here's what happens next.

Elon hires Jensen and puts him in charge of Terafab.

He's already said it publicly: hiring him would be an honor. And Terafab is the project made for him. A chip factory Musk wants to be the largest ever built, one terawatt of compute per year, from design to packaging under one roof. Terafab's challenge is to do in a few years what the industry took decades to build. There's only one man on Earth who knows every layer of that stack.

They execute like absolute maniacs.

Musk brings speed, capital and appetite for risk. Jensen brings thirty years of mastery of the stack: architecture, software, customers, supply chain. Musk builds factories faster than anyone alive. Jensen knows exactly what to put inside them. It's the only duo in the world capable of compressing a decade into three years.

SpaceXAI merges with Tesla.

This isn't even science fiction anymore: independent committees are already studying the merger. Rockets, satellites, AI, robots, self-driving cars, energy, and now chips. One single entity, integrated from silicon to orbit.

The group climbs to $50 trillion.

Today, SpaceX and Tesla are worth around $3.4 trillion combined. $50 trillion sounds insane. But remember: ten years ago, Nvidia was worth a few tens of billions. When you own superintelligence, the robots that do the work and the rockets that go to space, you don't capture a market. You capture the economy.

Elon buys Nvidia.

Meanwhile, Nvidia without Jensen does what every company does after losing its founder: it manages. It protects its margins. It loses ground to its own customers' in-house chips. And one day, it becomes a target. For a $50 trillion group, buying Nvidia is just one acquisition among others.

Jensen becomes the chip boss again.

He takes over the semiconductor division of the new entity. Pushed out of his own company, he gets it back from above, inside the largest industrial group in history.

Sounds crazy? Steve Jobs did exactly that. Pushed out of Apple, he came back when Apple bought NeXT. You know the rest.

Nvidia's board thinks it's getting rid of a problem.

It's creating the biggest competitor in its history.

See you in five years.

[Sun @SunOnChain]

you can now upload 20 photos?

[Sun @SunOnChain]

yea i doubt even professional men could beat Serena in her prime

[Speedy HQ @IShowSpeedHQ]

🚨| WATCH: Serena Williams gave Speed a 6-0 HEAD START, meaning he only needed 2 more points to win but she went on to score 8 STRAIGHT POINTS without letting him score once 🤯😭🔥

[Sun @SunOnChain]

@Senti__23 @JPEGZart thanks bro!

[Sun @SunOnChain]

@Senti__23 @JPEGZart which type specifically you know

[Sun @SunOnChain]

@Senti__23 @JPEGZart any gold

[Sun @SunOnChain]

@JPEGZart any clue on how to find the gold type

[Sun @SunOnChain]

This is what a Chinese spy would say

[CZ 🔶 BNB @cz_binance]

It's a mistake for Nvidia to let Jensen resign.

[Sun @SunOnChain]

Day 8 of asking @Wealthsimple to have crypto deposit insurance so I would be more confident to deposit my crypto. Already have a good chunk of stocks as a Premium User.

@paulteshima

@bretthuneycutt

@dajmeri

@lejeunesimon

@vizhang

@mkatchen

[BDIC Insurance @bdicinsurance]

Five questions risk teams should now ask every trading venue and custodian.

On 29 October, attackers took about $6.36 billion from Binance, the largest theft on record. Binance said it would bear the loss and had replenished about 95% of affected assets within three days. The response was fast and well-funded. For institutional allocators, the more useful exercise is to ask what would have happened at a venue without those resources.

1. Where does a single compromise stop? Binance's preliminary findings point to one compromised employee device that enabled access to a service container involved in withdrawals. Ask how many independent approvals stand between any one device or credential and an outbound transfer.

2. How large is the emergency fund relative to hot wallet exposure? Binance's SAFU held roughly $1 billion, about one sixth of this loss.

3. Is there third-party insurance, and what does it exclude? Common exclusions include unsecured key management and fraudulent acts by the policyholder. As Jacqueline Quintal, financial institutions and digital asset industry leader at Marsh, told Reuters: 'Digital asset firms and, increasingly, their institutional clients need to understand precisely what is covered.'

4. What does proof of reserves cover, and how often? A snapshot shows backing at one moment, for listed assets only.

5. If the venue cannot pay, who pays you, and on what timeline?

The insurance market has not kept pace with the exposure. CoinGecko's 2026 State of Crypto Security report found active onchain crypto insurance cover fell 20.2% to $130.2 million, with payouts equal to roughly 0.9% of hack losses since January 2025.

Blockchain Deposit Insurance Corporation (BDIC) is building institutional-grade insurance protection for digital assets, including StableCover Pro, designed for funds, DAOs, treasuries and corporate stablecoin reserves.

Sources: BleepingComputer and CSO Online, 1 to 2 November 2026; Reuters via Insurance Journal, 30 October 2026; CoinGecko via ForkLog, 27 August 2026.
#riskmanagement #digitalassets #counterpartyrisk #cryptoinsurance #treasury

[Sun @SunOnChain]

@JPEGZart How many phase are there?

[Sun @SunOnChain]

@JPEGZart Pls hurry up cant wair

[Sun @SunOnChain]

@JPEGZart LFGGG

[Sun @SunOnChain]

@0xPeter https://t.co/IRFSR3dtU6

[Sun @SunOnChain]

Crypto is going through a period with no money left in this space, just scammers exposing scammers

[Sun @SunOnChain]

@ChartFu @JPEGZart Nice just minted 1. Congratz @leftclickbuynft

[Sun @SunOnChain]

Day 7 of asking @Wealthsimple to have crypto deposit insurance so I would be more confident to deposit my crypto. Already have a good chunk of stocks as a Premium User.

@paulteshima

@bretthuneycutt

@dajmeri

@lejeunesimon

@vizhang

@mkatchen

[BDIC Insurance @bdicinsurance]

Who pays when a crypto exchange is hacked? After the $6.3 billion Binance hack, the honest answer: it depends on the exchange.

Emergency funds, proof of reserves, freezes and insurance, explained side by side:

https://t.co/PkSmAC2D6p

#crypto #cryptoinsurance #bdicinsurance #cryptocurrency #education

[BDIC Insurance @bdicinsurance]

This time the platform paid. Protection shouldn't depend on 'this time.'

Emergency funds, balance sheets and freezes all helped after the largest hack on record. None of them is something a customer holds.

That's the gap BDIC is building for.
https://t.co/DSLBehOGe9
#cryptoinsurance #cryptosecurity #bdicinsurance

[Sun @SunOnChain]

Crypto is going through a period with no money left in this space, just scammers exposing scammers

[Sun @SunOnChain]

After recent hacks, thinking of moving my crypto.

Day 6 of asking @Wealthsimple to have crypto deposit insurance

@paulteshima

@bretthuneycutt

@dajmeri

@lejeunesimon

@vizhang

@mkatchen

[BDIC Insurance @bdicinsurance]

Binance users were made whole after the largest theft on record. Here's who actually paid.

The loss: about $6.36 billion, taken on 29 October.

The emergency fund: Binance's SAFU, created in 2018, held roughly $1 billion in bitcoin. About one sixth of the loss.

The rest: part of Binance's Futures Insurance Fund and its corporate treasury. About 95% was replenished by 1 November.

That's a fast, well-funded response, and Binance deserves credit for it.

It's also worth being clear about what it was: a company decision, paid from a company balance sheet. Customers didn't hold a policy. They held an account at a platform that could afford to pay, and chose to.

Most platforms can't absorb a loss like this. Mt. Gox and FTX customers waited years.
So before you need it, ask: if this platform is hacked, who pays me?

Sources: Binance updates via BleepingComputer and https://t.co/IUeaQc1EhD, 1 to 2 November; Reuters via Insurance Journal, 30 October 2026.

https://t.co/DSLBehOGe9
#Binance #SAFU #cryptoinsurance #bdicinsurance