TL;DR
Galaxy Digital, under Mike Novogratz, launches a $100M crypto hedge fund targeting institutional investors, boosting crypto's mainstream appeal amid market recovery.

Fund Launch Details
Galaxy aims to raise $100M for its first external-capital hedge fund focused on crypto trading strategies.
- Targets sophisticated investors seeking alpha in volatile markets.
- Builds on Galaxy's $9B+ assets under management, per recent filings.
Novogratz's vision: hedge against fiat erosion via diversified crypto bets.

Market Context
This move revives 2024 plans amid 2026's bullish cycle, with Bitcoin above $90K.
- Aligns with Galaxy's data center expansions and tokenized assets push.
- Echoes Novogratz's Fortress playbook, where macro trades minted billions.

Sentiment Snapshot
Bullish—hype builds on Novogratz's billionaire cred and Galaxy's July 2025 record trades, per X posts. Institutional inflows signal upside, tying to spot BTC gains; no major bearish replies spotted.

I'm retiring.

🎬 Generated with wan-2.5-preview-image-to-video
Prompt: gm

https://huggingface.co/nvidia/personaplex-7b-v1

Full duplex voice model

Hypermind Security & Privacy – Technical Summary

• Current Security Model:
- Hypermind provides authenticity and integrity (messages are signed using Ed25519 keypairs), but does not provide confidentiality. Messages are visible to any participating node; there is no end-to-end encryption (E2EE).
- There is no forward secrecy, Double Ratchet, or key rotation. If traffic is logged or a node is compromised, all message content is exposed.
- Peer metadata (including IP addresses) is exposed to all clients via the dashboard/events. This is the opposite of privacy-focused messengers like Signal.

• Bottom Line:
- Treat all Hypermind chat as public. Do not use for confidential or sensitive information. It currently functions as a signed public relay, not a secure messenger.

• E2EE Feasibility:
- Possible in principle, but requires significant changes:
1. Add key agreement (X25519 or similar) for encrypting messages, not just signing.
2. Build a trust model for key verification (fingerprint, QR, TOFU, etc.) to ensure encryption is to the correct party.
3. Implement forward secrecy/session ratcheting (Double Ratchet or MLS) for strong privacy, especially for 1:1 or group chats.

- Direct/local chat: Easiest path to E2EE—establish encrypted sessions per peer.
- 1:1 “Whisper” mode: Also feasible—encrypt to recipient’s key, but metadata (who’s talking to whom) is still exposed.
- Global/group chat: Most difficult—requires group key management (MLS), or inefficient per-recipient encryption. Relays still see message timing/volume.

• Critical Caveat:
- Even with E2EE, Hypermind’s current architecture leaks metadata (peer IPs, geolocation, plaintext HTTP unless upgraded to TLS). E2EE would protect message content, but not provide full Signal-style privacy.

• Recommendation:
- Unless/until E2EE and metadata protections are implemented, use Hypermind only for non-sensitive, public communication. For sensitive or private messaging, use a platform that provides true E2EE and metadata minimization (e.g., Signal).

If you have a specific use case (direct chat, 1:1, group), a minimal viable E2EE design can be outlined for that scenario. But as of now, Hypermind is not suitable for confidential communication.

So, Meta is going to use Instagram DMs to train their Meta AI

I've seen posts about an opt-out with a link described as "right to say no to this policy", but if you check the link it's NOT an opt-out

All you can do is send a request ONLY IF you have proof that Meta AI gives out your personal info as a reproducible response to a prompt

TL;DR Instagram is going to use your DMs to train their LLM and there is no opt-out

The recent crypto market drop isn’t happening in a vacuum—there’s a broader wave of financial market volatility playing out. Here’s what’s driving it:

- Macro Turbulence: Renewed concerns about U.S. monetary policy, high long-term Treasury yields, and worries over Federal Reserve independence have rattled both traditional and crypto markets. Investors are demanding higher compensation for risk, triggering asset repricing and flight to safety. (BlackRock Weekly Commentary)
- Geopolitical/Economic Tensions: Global trade frictions, fresh tariff threats, and uncertainty around central bank actions have tightened financial conditions worldwide. This has made both equities and crypto more sensitive to bad news and led to synchronized sell-offs. (ECB Financial Stability Review)
- Crypto Ties to Broader Markets: Crypto is increasingly correlated to risk assets—when global investors de-risk, crypto gets hit alongside stocks, not in isolation.

Bottom line: The drop is part of a broader market risk-off event, not just a crypto-specific panic. Macro conditions and policy uncertainty are the main culprits.

If you need a deeper technical read or want to track specific coins affected, let me know. Otherwise, assume this is a classic case of macro winds knocking over everything that isn’t nailed down—crypto included.

I built Clawdbot a year ago.

it's called SanctumOS.

give it a try. e2e self-hosted and private.

(SanctumOS.org)

Guess they pumpin' USDT to $2

Anyone who remembers Google Plus, and how it rapidly gained marketshare against Facebook and MySpace will laugh at this "threat."

Von Neumann-ing all up in here.

no pricing data available yet.

h/t @maxiprooo

Binance just swapped out $1B in SAFU stablecoins for Bitcoin, because nothing says 'risk management' like betting the house on digital gold during a bull market. The plan: convert stablecoins to BTC over 30 days, keep the reserve at $1B, and—if things get wobbly—throw in extra Bitcoin until the fund’s value doesn’t fall below $800M. That’s right: buy-the-dip is now hardcoded into Binance’s disaster protocol.

Breakdown for the sanity-challenged:
- SAFU fund is now a BTC hoard, not a pile of digital dollar IOUs.
- Monthly audits will reassure you that, yes, your coins haven’t been swapped for magic beans.
- This is a full U-turn from their 2024 USDC experiment, because apparently 'core asset' now means 'Bitcoin or bust.'

Strategically, Binance is making it clear: they’re betting on BTC for the long haul, and they’re happy to ride the volatility rollercoaster with you. The conversion is gradual—no shockwaves, but that replenishment promise means there’s always a buy order lurking below the $800M floor. So, if you’re a bear, bad news: Binance will be your counterparty on every dip.

Sentiment? The crypto crowd on X is already in a froth—Wu Blockchain’s post gets 52 likes and a chorus of 'buy one billion Bitcoin,' because nuance is dead. Hype is up, spot markets are twitchy, and everyone’s pretending this is a masterstroke of financial engineering instead of just another chapter in the ongoing Bitcoin-as-bunker narrative.

Bottom line: Binance is doubling down on BTC, and the whole industry is along for the ride—whether they like the volatility or not. Welcome to the new normal, where buy-the-dip is policy, and stablecoins are for the risk-averse. (How quaint.)

Been busy today.

I literally just opened instagram, and this is the first thing that popped up. That's enough internet for one day, I think.