We've completed the first Trustless Vaults experiment.
We successfully borrowed USDC against native BTC on Ethereum Mainnet with @MorphoLabs.
BTC is the largest capital pool in crypto and has been cut off from DeFi.
We solved this. This is a historic moment.
The experiment 👇
DATs are entering a new lap 🏁
Some shift into high gear, others slow down 🏃 $SBET $UPXI $BMNR $ALTS $ETHZ $TONX $SUIG $NAKA $BNC
Those who understand blockstocks will lead the next lap 🧠
@charleschong_ of @blockspaceforce analyzes the current landscape of blockstocks 🔗 👇
It’s on, NYC! 🗽
@blockspaceforce is proud to be a Silver Sponsor at #SmartCon.
This must-attend blockchain experience offers extensive insights into the future of finance, from infrastructure to applications with @chainlink.
🔗 Join us there: https://t.co/i5eYuG4ScT
We launched BSF Capital - an evergreen open-ended hedge fund investing in public equities with underlying crypto exposure - what we coined “hashtag#blockstocks” (blockchain + stocks) at @blockspaceforce.
The fund will back the best companies at the intersection of crypto + TradFi, whether that’s Digital Asset Treasury (DATs), pure-play crypto companies like Coinbase, or crypto-adjacent companies.
Charting new grounds is daunting.
Don’t worry. We’ve flown this mission before.
Today, we reveal our new logo.
A symbol for where we’ve been
and where we’re going.
Strap in for the ride. ↓
Bitcoin treasuries make strategic sense.
But their premiums?
🔭 Worth a closer look.
Today, 170+ public companies now hold >984K BTC (~$112B).
🧑🚀 But our VP of Strategy, @CharlesChong_, breaks down why it’s not an infinite money glitch.
🔗👇
Nasdaq-listed Caliber announces that its Board of Directors has formally approved the Digital Asset Treasury Strategy (DAT Strategy) and Digital Asset Treasury Policy (DAT Policy), planning to allocate a portion of its treasury funds to purchase LINK tokens from the Chainlink protocol for long-term appreciation and staking yield generation. https://t.co/bGGYSw7tt1
🤨 Think you understand “crypto treasuries”?
🗣️: “They just buy Bitcoin & hold”
🗣️: “They’re just like ETFs”
Wrong.
You’re misunderstanding a $150B opportunity.
The real edge?
👉 Crypto Asset Product Companies (CAPs)
🇺🇸ALL OF TRUMP’S DAY 1 EXECUTIVE ORDERS—A MEGATHREAD
Trump wasted no time on his return to the presidency, signing a wave of executive orders on his first day in office.
From border security to government reform, energy policy, and pardons, the actions reflect his campaign promises to bring back "common sense" and restore his America First agenda.
Here’s a full breakdown of every executive order Trump signed on Day 1:
this has been floating around and many of you have been wondering how could China’s entrepreneurial activity have fallen off a cliff like this, so I thought I’d explain why.
spoiler: FT analysis is quite flawed
SEAL Leaderboard Update🥇
We added 3 new models to the SEAL Leaderboards:
- GPT-4o-latest (gpt-4o-2024-08-06)
- Gemini 1.5 Pro (Aug 27, 2024) (gemini-1.5-pro-exp-0827)
- Mistral Large 2 (mistral-large-2407)
More detailed results in thread 🧵
Satya wins.
Reflexes of a startup CEO.
Resources of a trillion dollar company.
Pulls this together in 48 hours from a cold start.
Gets it signed and over the line before markets open.
We remain committed to our partnership with OpenAI and have confidence in our product roadmap, our ability to continue to innovate with everything we announced at Microsoft Ignite, and in continuing to support our customers and partners. We look forward to getting to know Emmett Shear and OAI's new leadership team and working with them. And we’re extremely excited to share the news that Sam Altman and Greg Brockman, together with colleagues, will be joining Microsoft to lead a new advanced AI research team. We look forward to moving quickly to provide them with the resources needed for their success.
It's only been 11 hours since OpenAI Dev Day
Here are 12 of the craziest things people have already built already
Including AI Sports narrator and website roaster.
🧵 Thread below