๐ฅ Bloomberg reports that major alcohol companies have lost around $830 billion in market value over the past four years as drinking habits shift.
I love this trend. More people are rethinking their relationship with alcohol, especially around mental health and depression.
And part of that $830B reflects fewer people self-medicating stress with a bottle, that sounds less like a crisis and more like progress.
I love this trend. More people are rethinking their relationship with alcohol, especially around mental health and depression.
And part of that $830B reflects fewer people self-medicating stress with a bottle, that sounds less like a crisis and more like progress.
โค3๐2
โณ Bring back 2016 when BTC was $430 and โcrypto influencerโ wasnโt a job title.
๐4๐1
๐ Not the headline I expected today. The Pope warned priests not to use AI for sermons.
I mean, fair enough! Confession by GPT would probably ask you to accept cookies before forgiveness.
I mean, fair enough! Confession by GPT would probably ask you to accept cookies before forgiveness.
๐2๐2โค1
This media is not supported in your browser
VIEW IN TELEGRAM
๐ค AI agents are basically interns that never sleep. They read data, make decisions, click buttons, pay for APIs, trade tokens, book services. Now imagine millions of them with wallets, happily transacting 24/7.
Thatโs why they say future blockchains might need up to 1B transactions per second.
Thatโs why they say future blockchains might need up to 1B transactions per second.
โค3๐3
This media is not supported in your browser
VIEW IN TELEGRAM
๐ฎ This is the most crypto thing Iโve read in a while. Polymarket listed a contract on which company ZachXBT would accuse of insider trading.
Before the name went public, a few brand new wallets bet big on Axiom.
12 wallets made over $1M, and one turned $0.14 shares into $411K.
So someone was investigating insider trading, and someone might have used inside info to bet on that investigation.
Before the name went public, a few brand new wallets bet big on Axiom.
12 wallets made over $1M, and one turned $0.14 shares into $411K.
So someone was investigating insider trading, and someone might have used inside info to bet on that investigation.
โค4๐ฅ2
๐ This Monday, letโs focus on something that rarely makes the front page. Since 1990, more than 1.5 billion people have moved out of extreme poverty.
Thatโs the equivalent of entire continents improving their living standards.
The world has problems, but it also makes progress.
Thatโs the equivalent of entire continents improving their living standards.
The world has problems, but it also makes progress.
โค4๐2
๐น๐ท Turkeyโs ruling party proposed a 10% tax on crypto income. If that sounds negative, look closer.
A defined rate allows companies and investors to plan instead of guessing regulatory intent.
The real impact sits in the details: what counts as taxable income, how losses are treated, and whether staking or DeFi fall under the rule.
A defined rate allows companies and investors to plan instead of guessing regulatory intent.
The real impact sits in the details: what counts as taxable income, how losses are treated, and whether staking or DeFi fall under the rule.
โค3๐2๐ฅ1
This media is not supported in your browser
VIEW IN TELEGRAM
๐ค So, apparently, a single partnership can move users faster than any product update.
After news of OpenAI working with the U.S. defense department, the number of U.S. users who uninstalled ChatGPT jumped 295% in one day.
Meanwhile, Claude downloads surged and briefly took the No.1 spot in the App Store.
That's how fast sentiment flips.
After news of OpenAI working with the U.S. defense department, the number of U.S. users who uninstalled ChatGPT jumped 295% in one day.
Meanwhile, Claude downloads surged and briefly took the No.1 spot in the App Store.
That's how fast sentiment flips.
โค3๐3
๐ Markets love drama, but they also love reminding everyone how quickly narratives flip.
Bitcoin just pushed above $71K, gaining over 6% in a day, even while tensions in the Middle East escalate and oil supply fears shake traditional markets.
Gold pulled back, asian equities slipped. Meanwhile BTC held support around $65K through the whole news cycle and then moved higher.
Another small reminder that markets are sensitive, cyclical creatures.
Bitcoin just pushed above $71K, gaining over 6% in a day, even while tensions in the Middle East escalate and oil supply fears shake traditional markets.
Gold pulled back, asian equities slipped. Meanwhile BTC held support around $65K through the whole news cycle and then moved higher.
Another small reminder that markets are sensitive, cyclical creatures.
โค3๐ฅ3
๐ฐ Crypto hacks are down big in February: only about $49M lost. No miracle security breakthrough though.
Attackers realized it is easier to trick users into signing approvals than to break smart contracts.
Social engineering remains the best exploit in the industry.
Attackers realized it is easier to trick users into signing approvals than to break smart contracts.
Social engineering remains the best exploit in the industry.
๐ฑ3๐2โค1
๐ซ Every time technology makes work more efficient, companies discover a new miracle: more work.
A new analysis of 443 million hours of workplace activity found that AI tools are NOT reducing workloads. People send more messages, switch between more apps, and spend less time on focused work.
Anyway, happy weekend. Hope your notifications take a day off.
A new analysis of 443 million hours of workplace activity found that AI tools are NOT reducing workloads. People send more messages, switch between more apps, and spend less time on focused work.
Anyway, happy weekend. Hope your notifications take a day off.
โค2๐2๐2
๐ฅ When Bloomberg strategist said Bitcoin could fall to $10K, other analysts responded that it would take something like a nuclear war to get there.
Apparently, the Geopolitical Apocalypse Index is a thing now.
Apparently, the Geopolitical Apocalypse Index is a thing now.
โค4๐2
This media is not supported in your browser
VIEW IN TELEGRAM
๐ธ Someone swapped $50.4M in USDT and received about $36K worth of AAVE.
This is what happens when a huge order goes through a thin liquidity pool. The algorithm keeps filling the trade at worse and worse prices until the swap finishes.
In other words, the market happily sells you the most expensive tokens on Earth.
Small reminder for anyone using DEXs: set a slippage limit.
This is what happens when a huge order goes through a thin liquidity pool. The algorithm keeps filling the trade at worse and worse prices until the swap finishes.
In other words, the market happily sells you the most expensive tokens on Earth.
Small reminder for anyone using DEXs: set a slippage limit.
โค3๐ฅ3
๐ค Have you heard about Chinaโs โcyber confession roomsโ?
Theyโre posts or livestreams built around an empty room, where people anonymously share everything from procrastination to debt and personal struggles.
Apparently, the most relatable content on the internet is everyone struggling at the same time.
Theyโre posts or livestreams built around an empty room, where people anonymously share everything from procrastination to debt and personal struggles.
Apparently, the most relatable content on the internet is everyone struggling at the same time.
โค3๐2๐ฅ1
This media is not supported in your browser
VIEW IN TELEGRAM
๐คฆโโ๏ธ Apparently someone โfinallyโ figured out who Banksy is, again.
At this point just tell kids about Santa too and get it over with.
At this point just tell kids about Santa too and get it over with.
๐ฅ3โค2๐1
๐ The case of the vanishing keys. In 2014, Clifton Collins lost 6,000 BTC. Private keys written on paper were thrown out during a house clearance.
$423M were gone... Or so the story goes.
Last week, after 10 years of complete silence, the wallet labeled "Clifton Collins: Lost Keys" moved. 500 BTC straight to Coinbase.
Someone has those keys.
The question is โ did they just find them? Or did they never lose them? ๐
$423M were gone... Or so the story goes.
Last week, after 10 years of complete silence, the wallet labeled "Clifton Collins: Lost Keys" moved. 500 BTC straight to Coinbase.
The question is โ did they just find them? Or did they never lose them? ๐
โค3๐ฅ3๐2๐ค1
โบ๏ธ Work from home might be the most effective population policy.
Stanford says remote work is linked to higher fertility. Turns out cutting the commute leaves people with better ways to spend their time.
Stanford says remote work is linked to higher fertility. Turns out cutting the commute leaves people with better ways to spend their time.
โค5๐ฅ5๐3๐1
๐ณ Mastercard is launching a system to turn crypto payments into fiat instantly for businesses.
I wouldn't call it disruption, more like integration. Which is usually how things win.
I wouldn't call it disruption, more like integration. Which is usually how things win.
๐ฅ5โค2๐2