Zeb

Polymath | ex-Head of Research @cybercapital

[Zeb @Zeb_dyor]

Lots of people left crypto. Signs of some momentum are coming back. This time we want to foster a healthy community, away from the disinformation. Powered by @cybercapital its research, growing with OGs
https://t.co/BNXrgdIAsV

[Zeb @Zeb_dyor]

@damskotrades Last cycle it at first had some outlier winners among a lot of nothing, and BTC then going very hard, and nothing followed. Why would it be different now and be like 2017 again? There has been so immense dilution coin wise since then.

[DBCrypto @DBCrypt0]

Robinhood Chain just went dark for 14 minutes today

No blocks
No transactions
2 million tokenized stock holders frozen out

And the status page still said operational

Tokens couldn't move
Contracts couldn't execute

Transactions just piled up against the same block number while the entire chain sat dead

Cause? Not disclosed
Incident notice? Nothing posted in seven days

Here's why it happened:

The chain runs on a single sequencer 😏

One machine orders every transaction so when it stops, there's no fallback

No second validator and nothing to catch it

L2BEAT ranks it below Stage 0, their lowest decentralization tier 😂

Partly for that single point of failure but also because the contracts can be upgraded instantly with no delay

That’s a MASSIVE reg flag

Now look at what's riding on it…

Tokenized stockholders doubled from 1 million to 2 million in August and Robinhood Chain leads that entire market

This is the infrastructure they're selling to move equities and ETFs onchain

Your actual broker has circuit breakers and backups

Probably even a phone number that answers when things break

Two months after launch, this one couldn't even update its status page

Nobody lost money today but they're pitching this as the future of stock settlement

And the future went dark for 14 minutes on a Friday morning 🤨

[Zeb @Zeb_dyor]

@zeroxkyle Why did ai make him look downy?

[Zeb @Zeb_dyor]

@Cryptoyieldinfo I member

[Sam Schubert @minnus]

Despite @RobinhoodCrypto producing $3.83M in Network REV yesterday, just $254 was spent settling that activity to Ethereum.

So @ethereum captured just 0.0066% of the revenue.

The L2 roadmap is scaling activity but it is barely giving ETH value accrual.

Is ethereum:native cooked here?

[Zeb @Zeb_dyor]

AI powered finance is becoming more mainstream by the day

[Hamadex.E ⋈,🪐 @HEntechnologue]

Just had a glimpse into what the future of agentic commerce looks like: I gave my @IronClawAI Ai agent a wallet, funded it with real USDC, and told it to buy $NEAR for me every day.

It has been running on schedule since 18 August without me touching it.

Here is the whole setup, step by step.🧵

Swipe for the tutorial on how to set it up.

Link to use @out_layer is down below.

[Zeb @Zeb_dyor]

@marcvanderchijs since its literaly their own AI, not too surprising, isn't it?

[Zeb @Zeb_dyor]

@damskotrades Wees vooral ook voorzichtig met die 8 UV voor de kids. Ik zelf woon ook in een tropisch land, I love the sun, but am careful

[Zeb @Zeb_dyor]

@damskotrades @okx Looked at it, but.... don't feel like DOXing myself with KYC to a CEX to join a Discord :( too many data leaks...

[Zeb @Zeb_dyor]

Ha! I was already wondering yesterday. Well here you go

[Bob Loukas 🗽 @BobLoukas]

Markets got me off the beach. :)

Nice move by #Bitcoin and crypto. Similar moves in metals. Obviously a lot of short covering off a 2 month consolidation, but bullish nonetheless.

Little more work to do before a bear market bottom can be confirmed, and a new 4Yr cycle start. Closing out the month strong above (10 month MA) $74k first step, then a weekly close above the $82.8k highs swings the high TF trends back to bullish.

Either way, very close now. Excited to get back to the desk in Sept.

[Zeb @Zeb_dyor]

@Mudit__Gupta Has the validator group become less concentrated yet?

[Zeb @Zeb_dyor]

@damskotrades Why do you think these 3 would stay outperforming throughout the cycle? Didn't the previous cycle show that certain tokens have their own cycles within the larger BTC cycle.

[Zeb @Zeb_dyor]

@damskotrades zo hey! dan ben je veel buiten voor dat soort temperaturen. respect

[Zeb @Zeb_dyor]

@6942_eth @Justin_Bons @vik0nchain @red_alark @ted_livingston @flightofthefox Hi its him

[Zeb @Zeb_dyor]

@Cryptoyieldinfo Eth barely moved last cycle? Why do you think it will be different this time?

[Zeb @Zeb_dyor]

One of the most epic examples of 'faked it till they made it'
Glad we never blew up along the way..

[Paolo Ardoino 🤖 @paoloardoino]

Wen Tether audit? nOw.

Today Tether announces its first full financial audit for Tether International, conducted by KPMG U.S. which resulted in an unqualified clean opinion, marking the highest result possible.
An unqualified opinion is the best possible audit opinion an independent auditor can issue.
(“unqualified” in accounting jargon means without reservations — not that the audit was incomplete).

Tether’s financial audit, by at least an order of magnitude, is the largest inaugural audit in the history of finance. My congratulations go to the entire Tether team and especially to our Finance function, which demonstrated its ability, precision and commitment to complete this review process within the highest standards across the whole digital assets and global financial industry. We couldn’t be more proud.

Despite our Company being subject to several years of detractors’ false claims, competitors lies, political attacks and misinformed coverage by several mainstream newspapers trying desperately to discredit us for the benefit of their friends in the tall ivory towers, Tether delivered what it promised: a full financial audit issued by a Big Four accounting firm, KPMG U.S.

Tether created the stablecoin industry with USD₮ in 2014, revolutionizing the whole financial industry. Today everyone talks about stablecoins, yet it all started 12 years ago, with a tiny team and a big mission. We were there when no one else could understand the disruptive potential of what we invented.
Our Company has evolved into one of the most financially significant and operationally sophisticated private companies in the world. This audit demonstrates that our financial infrastructure and governance have evolved alongside that responsibility. Today, more than 650 million users across all emerging markets continue to rely on Tether daily, choosing USD₮ as their currency, for their life savings, for their commerce, for the future of their children. These are people that have been left behind by the traditional financial system and they trust our Company to remain resilient amidst all the global uncertainty that plagues the world - the proof of that stability is no longer just a Tether promise; it's now an independent signed opinion.

“Never cared for what they say
Never cared for games they play
Never cared for what they do
Never cared for what they know
And I know
Nothing Else Matters”

[Zeb @Zeb_dyor]

@avsa back in the Stalin days he would

[Zeb @Zeb_dyor]

@aleabitoreddit Noooo never screenshots of your portfolio. Don't you know the curse?

[Zeb @Zeb_dyor]

Lots of people left crypto. Signs of some momentum are coming back. This time we want to foster a healthy community, away from the disinformation. Powered by @cybercapital its research, growing with OGs
https://t.co/BNXrgdIAsV