Crypto Mumbles
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things I mumble to myself about crypto

basically my transparent crypto diary

education, analysis, and trades ๐Ÿ™‚

Twitter: https://twitter.com/dpycm
Medium: https://medium.com/@dpycm
Lifemax (non-crypto): t.me/humblespace
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Forwarded from unfolded.
FED: no changes in rates. | AI comment
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Forwarded from not @miyahedge
mythos being private is just the beginning of the decommodification of intelligence, you will not have access to the frontier intelligence anymore, it's kind of like kol and shitcoins where you are a second class citizen to their holdings and you get forced into a higher entry. since ai won't get regulated for another 2y 9m ish, i expect that to worsen significantly. right now mythos is not really advertised for trusted enterprise clients only YET - probably because we are too early in this development and the "ai safety" (project glasswing) voices aren't yet like mainstream consensus outside crypto

probably this will take place in sub 1y though once the first major hack or common citizen infra outage bc of cybercrime through mythos happens, once that is done and the avg person sees the risk it's much more lucrative to privatize frontier intelligence for the highest bidders and to ask to the market which institutions are allowed to possess the effective cognitive weapons?

and they don't even have to ship to consumer to keep the ai bubble going, just look how the stock market reacted on mythos news, noone would dare to call the bluff to this looking at the last months of ai advancement (not saying anyone is or will bluff). consumer access becomes less and less important because the value story migrates upstream into institutional access and privileged enterprise access.

not sure what this is bullish on? -overall just an observation, maybe someone can form an execution thesis around this
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extremely worrying rate of exploits

almost one every few days recently

stay safu and be proactive in protecting your funds
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this is siao

~$635M lost in total, 28 incidents in 30 days:

apr 1 - drift - $285m
apr 3 - silo v2 - $392k
apr 4 - tmm - $1.67m
apr 5 - denaria finance - $165k
apr 9 - aethir - $423k
apr 12 - hyperbridge - $2.5m
apr 12 - subquery - $60k
apr 13 - dango - $410k
apr 13 - mona - $61k
apr 14 - zerion - $100k
apr 16 - rhea finance - $18.4m
apr 16 - grinex - $15m
apr 18 - kelp dao - $293m
apr 20 - juicebox v3 - $52k
apr 20 - thetanuts finance - $50k
apr 21 - volo protocol - $3.5m
apr 22 - kipseli - $80k
apr 23 - giddy finance - $1.3m
apr 25 - purrlend - $1.5m
apr 26 - scallop - $150k
apr 27 - singularity finance - $413k
apr 27 - zetachain - $300k
apr 28 - judao - $228k
apr 28 - quant - $138k
apr 29 - aftermath perps - $1.14m
apr 29 - sweat foundation - $3.5m
apr 29 - syndicate - $330k
apr 30 - wasabi protocol - $5m+
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Forwarded from The Kobeissi Letter
Crypto card spending is the next big trend:

Crypto card spending volume has surged +500% since September 2024, now running at $600 million per month.

As a result, stablecoin-linked payment cards are now one of the fastest growing businesses on the blockchain, with 90% of transactions captured by Visa, $V.

Visa's strategy has centered around partnering with emerging infrastructure providers which reduces reliance on traditional sponsor banks.

The growth comes amid the launch of Jupiter Global which returns 4-10% cash back to crypto cards and has seen +660% MoM volume growth in April.

Crypto card adoption is growing.
(@TheKobeissiLetter)
Forwarded from CryptoQuant
Perp demand is rising. Spot demand is still contracting.

That exact setup appeared in 2022 and preceded the next leg down.

It doesnโ€™t guarantee the same outcome, but structurally, this is a bearish demand signal.

๐Ÿ‘‰ Full breakdown.

@cryptoquant_official
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Forwarded from Mlm onchain
Tradexyz added Pre-IPO perpetual markets to the docs.

https://docs.trade.xyz/asset-directory/pre-ipo-perpetuals