4 months ago
The Kitten Show: World of Memecoins🎙️
04.12.2024 / 4 PM UTC
https://x.com/i/spaces/1DX...
Where Chaos Meets Comedy in the Wild Ride to the Moon!
Our special GUESTS:
chainoflegends Nosnamatu GGEM_LAUNCHER CryptoPopitz ChainBois LoafCatHQ
04.12.2024 / 4 PM UTC
https://x.com/i/spaces/1DX...
Where Chaos Meets Comedy in the Wild Ride to the Moon!
Our special GUESTS:
chainoflegends Nosnamatu GGEM_LAUNCHER CryptoPopitz ChainBois LoafCatHQ
4 months ago
1 month left in 2024 to achieve greatness:
- Put in as many hours as possible
- Set a profit goal
- Set a max amount that you're willing to risk
- Identify your best setups and focus on that
- Double down on strategies that work best for you
- Focus on quality over quantity
The market won't stay like this forever, capitalize on it while you can
- Put in as many hours as possible
- Set a profit goal
- Set a max amount that you're willing to risk
- Identify your best setups and focus on that
- Double down on strategies that work best for you
- Focus on quality over quantity
The market won't stay like this forever, capitalize on it while you can
4 months ago
The Kitten Show: Community is the FUTURE🎙️
27.11.2024 / 4 PM UTC
https://x.com/i/spaces/1od...
The heart of Web3 lies in collaboration, shared goals, and collective growth—where individuals unite to create something greater together. 🌐✨
Our amazing Speakers:
ctcrawlers
catchcoinmeta
bertcoincto
BattleRiseGame
XRPEPE_MEME
codyfight
DaffiWallet
27.11.2024 / 4 PM UTC
https://x.com/i/spaces/1od...
The heart of Web3 lies in collaboration, shared goals, and collective growth—where individuals unite to create something greater together. 🌐✨
Our amazing Speakers:
ctcrawlers
catchcoinmeta
bertcoincto
BattleRiseGame
XRPEPE_MEME
codyfight
DaffiWallet
4 months ago
(E)
The Kitten Show: Crypto Space🎙️
20.11.2024 / 4 PM UTC
https://x.com/i/spaces/1lP...
Exploring the fast-paced world of digital currencies, blockchain, and decentralized innovation.
Our amazing Speakers:
triptherabbit xnetworkAI crow_with_knife @iLuminaryAI LIQQ_the_Coin_ LonfoNFT
20.11.2024 / 4 PM UTC
https://x.com/i/spaces/1lP...
Exploring the fast-paced world of digital currencies, blockchain, and decentralized innovation.
Our amazing Speakers:
triptherabbit xnetworkAI crow_with_knife @iLuminaryAI LIQQ_the_Coin_ LonfoNFT
5 months ago
The Kitten Show: Road to Succes in Web3 🎙️
14.11.2024 / 4 PM UTC
Discover key strategies and insights to navigate and succeed in the fast-evolving Web3 landscape.
Our amazing Speakers:
MusicProtocolX sheertopia DaffiWallet
defidotoken Ginnanthecat
https://x.com/i/spaces/1yN...
14.11.2024 / 4 PM UTC
Discover key strategies and insights to navigate and succeed in the fast-evolving Web3 landscape.
Our amazing Speakers:
MusicProtocolX sheertopia DaffiWallet
defidotoken Ginnanthecat
https://x.com/i/spaces/1yN...
5 months ago
Daily Memecoin Recap - November 3
All eyes on Elon, decent vol this Sunday
Elon's Pets
$shrub -> hit $30m , elonmusk's pet hedgehog
$eric -> hit $2 .1m, Elon's pet fish
$marvin -> hit $894k , Elon's dog
- He mentioned his pets in multiple tweets
Justice For Peanut
$pnut -> $3m to $134m (45x)
$fred -> $60k to $21m (350x), euthanized with Peanut
$opk -> hit $7 .8m, Obi Pnut Kenobi, Star Wars + Peanut, based on an elon musk tweet, multiple coins came out
$peanut -> hit $5 .1m, claims to be a fair and community launch
$GOPnut -> hit $2 .5m, Peanut for the GOP official mascot
$wally -> hit $1 .2m, Peanut's Brother
$karen -> hit $975k , peanut killer
$plf -> hit $580k , peanut liberty foundation, based on elon's tweet
Killed Animals
$kamala -> hit $5m , elephant
$cedar -> hit $5m , stolen pet goat
$albert -> hit $1 .4m, alligator
$legacy -> hit $915k , combination of killed animals, HarambePnutDogeFredHeaven420inu
$phil -> hit $860k , water buffalo escaped
#grizzly399 -> hit $360k , grizzly bear
- After Peanut's sad passing, degens are finding similar cases
Pump Fun Stuffed Animal
$cupsey -> hit $7m
$rupsey -> hit $530k , red version of $cupsey
- orangie posted a pumpdotfun stuffed animal
- Pump fun founder a1lon9 interacted
- orangie said its name is Cupsey, named after Cupseyy
Election Meta
$harris -> $365k to $4 .1m (11.2x), KamalaHarris
$rigged -> hit $3 .65m, gently used voting machine
$rocky -> hit $1 .4m, first dog candidate
$brent -> hit $670k
$erect -> hit $200k , Erection 2024
Old Elon Memes
$shrub -> $35k to $11m (314x), old meme on $ETH
$shrub -> $10k to $4 .1m (410x), old meme on $SOL
Iranian Feminist
$girl -> hit $1 .8m, viral Persian feminist
$ahoo -> hit $910k , Ahoo Daryaei
$ahou -> hit $430k
Grass Keeps Pushing
$grass -> $153m to $469m (3x)
- After initial fud on launch, it keeps pushing
More Cooks
#zerebro -> $5m to $25m (5x), AI
$suwi -> hit $14 .5m, solana's happy coin
$monkey -> hit $3 .8m
#griffain -> hit $2 .9m
#goatsenet -> hit $2 .7m
#dekopon -> hit $1 .9m, baby rhino
$beppo -> hit $1 .4m, chimp in space
$ks -> hit $1 .3m, kittyspin
$angy -> hit $1 .1m, cat
$mimi -> hit $1m , cat meme
Lock in for the new week tomorrow.
What are your goals?
All eyes on Elon, decent vol this Sunday
Elon's Pets
$shrub -> hit $30m , elonmusk's pet hedgehog
$eric -> hit $2 .1m, Elon's pet fish
$marvin -> hit $894k , Elon's dog
- He mentioned his pets in multiple tweets
Justice For Peanut
$pnut -> $3m to $134m (45x)
$fred -> $60k to $21m (350x), euthanized with Peanut
$opk -> hit $7 .8m, Obi Pnut Kenobi, Star Wars + Peanut, based on an elon musk tweet, multiple coins came out
$peanut -> hit $5 .1m, claims to be a fair and community launch
$GOPnut -> hit $2 .5m, Peanut for the GOP official mascot
$wally -> hit $1 .2m, Peanut's Brother
$karen -> hit $975k , peanut killer
$plf -> hit $580k , peanut liberty foundation, based on elon's tweet
Killed Animals
$kamala -> hit $5m , elephant
$cedar -> hit $5m , stolen pet goat
$albert -> hit $1 .4m, alligator
$legacy -> hit $915k , combination of killed animals, HarambePnutDogeFredHeaven420inu
$phil -> hit $860k , water buffalo escaped
#grizzly399 -> hit $360k , grizzly bear
- After Peanut's sad passing, degens are finding similar cases
Pump Fun Stuffed Animal
$cupsey -> hit $7m
$rupsey -> hit $530k , red version of $cupsey
- orangie posted a pumpdotfun stuffed animal
- Pump fun founder a1lon9 interacted
- orangie said its name is Cupsey, named after Cupseyy
Election Meta
$harris -> $365k to $4 .1m (11.2x), KamalaHarris
$rigged -> hit $3 .65m, gently used voting machine
$rocky -> hit $1 .4m, first dog candidate
$brent -> hit $670k
$erect -> hit $200k , Erection 2024
Old Elon Memes
$shrub -> $35k to $11m (314x), old meme on $ETH
$shrub -> $10k to $4 .1m (410x), old meme on $SOL
Iranian Feminist
$girl -> hit $1 .8m, viral Persian feminist
$ahoo -> hit $910k , Ahoo Daryaei
$ahou -> hit $430k
Grass Keeps Pushing
$grass -> $153m to $469m (3x)
- After initial fud on launch, it keeps pushing
More Cooks
#zerebro -> $5m to $25m (5x), AI
$suwi -> hit $14 .5m, solana's happy coin
$monkey -> hit $3 .8m
#griffain -> hit $2 .9m
#goatsenet -> hit $2 .7m
#dekopon -> hit $1 .9m, baby rhino
$beppo -> hit $1 .4m, chimp in space
$ks -> hit $1 .3m, kittyspin
$angy -> hit $1 .1m, cat
$mimi -> hit $1m , cat meme
Lock in for the new week tomorrow.
What are your goals?
6 months ago
Will Ethereum remain institutions' top choice?
jonahrobrts breaks down the blockchain competition for TradFi's attention 🤼♂️
========================================
Disruption. Digitization. Financial inclusion. Future-proofing.
What do all of these oft-repeated buzzwords have in common? They’ve all been used by crypto-pilled associates at TradFi firms to pitch their bosses on the exciting upside of blockchain tech. This year, it seems, the executives are listening.
Institutions jumped into crypto more headlong than ever in 2024. Their moves are starting to bridge the gap between TradFi and DeFi. However, this article isn’t focused on why firms are building onchain. Instead, we are focusing on where these funds are choosing to build.
----------------------------
What’s Happening on Ethereum?
Ethereum is the world’s largest smart-contract blockchain network. It has secured over $90 billion in RWAs, including stablecoins. 2024 has been a big year for the adoption of non-stablecoin RWAs on Ethereum as well, with the network growing its onchain U.S. treasuries, bonds, and cash equivalents from $800 million to over $1 .5 billion and overall non-stablecoin RWA value to $2 .9 billion.
Some of the major players building on Ethereum this year include
Visa, BlackRock and FTI_US
Earlier this month, Visa announced that they are building the Visa Tokenized Asset Platform (VTAP) on Ethereum. This is the company’s biggest step toward crypto adoption thus far. VTAP enables Visa to issue and manage fiat-backed tokens on Ethereum. It is intended to be a sandbox for participating financial institutional partners to create and experiment with fiat-backed tokens. They expect to begin piloting the platform with Spanish multinational bank BBVA in 2025. While the VTAP program is certainly an experiment, it gives credit to the thesis that TradFi will migrate its operations onto Ethereum over the coming decades.
----------------------------
Yet, the success of Ethereum’s competitors highlights a critical point: institutions are no longer bound to a single network. While Ethereum is foundational, blockchains like Solana and Stellar provide alternatives that are increasingly hard to ignore. However, they also present novel interoperability concerns.
Interoperability is central to the future of institutional blockchain adoption. As Visa states in their VTAP press release announcement, the largest benefits of building onchain include easy integration, programmability, and interoperability. Institutions that venture onto non-EVM chains like Solana or Stellar may face challenges in asset liquidity and protocol compatibility. This can lead to reliance on third-party services to bridge assets between chains, which introduces complexity and security risks. Ethereum’s widespread use means that staying within the EVM ecosystem—whether through Ethereum or Layer 2 solutions—remains the simplest and most secure option for institutions.
----------------------------
However, for Ethereum to maintain its lead in the race toward institutional adoption, it must continue to balance world-class security and stability with the performance and scalability that competing chains continue to push. The race to capture the attention of institutional finance will be won by the network that can not only meet today’s demands but also anticipate the needs of tomorrow. Ethereum is well-positioned for now, but staying on top will require constant evolution.
jonahrobrts breaks down the blockchain competition for TradFi's attention 🤼♂️
========================================
Disruption. Digitization. Financial inclusion. Future-proofing.
What do all of these oft-repeated buzzwords have in common? They’ve all been used by crypto-pilled associates at TradFi firms to pitch their bosses on the exciting upside of blockchain tech. This year, it seems, the executives are listening.
Institutions jumped into crypto more headlong than ever in 2024. Their moves are starting to bridge the gap between TradFi and DeFi. However, this article isn’t focused on why firms are building onchain. Instead, we are focusing on where these funds are choosing to build.
----------------------------
What’s Happening on Ethereum?
Ethereum is the world’s largest smart-contract blockchain network. It has secured over $90 billion in RWAs, including stablecoins. 2024 has been a big year for the adoption of non-stablecoin RWAs on Ethereum as well, with the network growing its onchain U.S. treasuries, bonds, and cash equivalents from $800 million to over $1 .5 billion and overall non-stablecoin RWA value to $2 .9 billion.
Some of the major players building on Ethereum this year include
Visa, BlackRock and FTI_US
Earlier this month, Visa announced that they are building the Visa Tokenized Asset Platform (VTAP) on Ethereum. This is the company’s biggest step toward crypto adoption thus far. VTAP enables Visa to issue and manage fiat-backed tokens on Ethereum. It is intended to be a sandbox for participating financial institutional partners to create and experiment with fiat-backed tokens. They expect to begin piloting the platform with Spanish multinational bank BBVA in 2025. While the VTAP program is certainly an experiment, it gives credit to the thesis that TradFi will migrate its operations onto Ethereum over the coming decades.
----------------------------
Yet, the success of Ethereum’s competitors highlights a critical point: institutions are no longer bound to a single network. While Ethereum is foundational, blockchains like Solana and Stellar provide alternatives that are increasingly hard to ignore. However, they also present novel interoperability concerns.
Interoperability is central to the future of institutional blockchain adoption. As Visa states in their VTAP press release announcement, the largest benefits of building onchain include easy integration, programmability, and interoperability. Institutions that venture onto non-EVM chains like Solana or Stellar may face challenges in asset liquidity and protocol compatibility. This can lead to reliance on third-party services to bridge assets between chains, which introduces complexity and security risks. Ethereum’s widespread use means that staying within the EVM ecosystem—whether through Ethereum or Layer 2 solutions—remains the simplest and most secure option for institutions.
----------------------------
However, for Ethereum to maintain its lead in the race toward institutional adoption, it must continue to balance world-class security and stability with the performance and scalability that competing chains continue to push. The race to capture the attention of institutional finance will be won by the network that can not only meet today’s demands but also anticipate the needs of tomorrow. Ethereum is well-positioned for now, but staying on top will require constant evolution.
6 months ago
🚨 $19 billion in settlements paid by crypto companies to US regulators in 2024.
FTX and Alameda are responsible for most of the funds, with $12 .7 billion paid to the CFTC in an August settlement.
Since 2019, nearly $32 billion in settlements have been collected by regulators from 25 crypto companies.
FTX and Alameda are responsible for most of the funds, with $12 .7 billion paid to the CFTC in an August settlement.
Since 2019, nearly $32 billion in settlements have been collected by regulators from 25 crypto companies.
6 months ago
📊 Bitcoin is approaching its longest period of post-halving market sideways movement in its history.
Ki Young Ju, CEO of CryptoQuant:
“285 days have passed in 2024. If there is no Bitcoin bull market in the next 14 days, it will mark the post-halving sideways period in history.”
Ki Young Ju, CEO of CryptoQuant:
“285 days have passed in 2024. If there is no Bitcoin bull market in the next 14 days, it will mark the post-halving sideways period in history.”
6 months ago
📉 The total number of Bitcoin held in exchanges continues to decrease, reaching 2.594 Million Bitcoin.
That's nearly 500,000 Bitcoin withdrawn from exchanges since the start of 2024.
This is a bullish signal.
🗞 cryptoquant_com
That's nearly 500,000 Bitcoin withdrawn from exchanges since the start of 2024.
This is a bullish signal.
🗞 cryptoquant_com
6 months ago
🇺🇸 The rate of cryptocurrency ownership in the United States has increased since 2021.
The rate increases from 15% in 2021 to 40% in 2024.
According to a recent survey, “Less than half of respondents were aware of cryptocurrency in 2021.”
"Today, more than 80% said they were familiar."
🗞️ Cointelegraph
The rate increases from 15% in 2021 to 40% in 2024.
According to a recent survey, “Less than half of respondents were aware of cryptocurrency in 2021.”
"Today, more than 80% said they were familiar."
🗞️ Cointelegraph
6 months ago
🚨 87% of new tokens created in 2024 were on Solana.
Since May, Solana has averaged 100,000 new tokens per month.
Since May, Solana has averaged 100,000 new tokens per month.
6 months ago
In April 2024 an elderly victim from the US was targeted by Indian call scammers posing as Coinbase support resulting in a large portion of their life savings stolen.
Pleased to share that I helped recover $275K which was recently seized and will be sent back to them.
Theft txn hash
30125031d32a3a2ec9a6963d218bf2494d4392d9444586061a97d84511479346
During my research I found $5M + stolen from other victims of this group which were laundered from Ethereum/Bitcoin to Tron via centralized exchanges before stablecoins were transferred to OTCs.
Pleased to share that I helped recover $275K which was recently seized and will be sent back to them.
Theft txn hash
30125031d32a3a2ec9a6963d218bf2494d4392d9444586061a97d84511479346
During my research I found $5M + stolen from other victims of this group which were laundered from Ethereum/Bitcoin to Tron via centralized exchanges before stablecoins were transferred to OTCs.
6 months ago
🇺🇸 A division of the U.S. Department of Homeland Security focused on cybercrime said it has prevented more than 500 ransomware attacks and seized billions of dollars in cryptocurrency since 2021.
Homeland Security Investigations investigates cybercrime and transnational illicit activities and notifies government agencies, businesses, and other potential victims that an extortion event is imminent.
HSI is said to have prevented 150 ransomware plots between October 2023 and September 30, 2024.
537 intrusions have reportedly been disrupted since its creation in 2021.
HSI has reportedly seized $4 .3 billion in cryptocurrency seizures since 2021, including $180 million last year.
Assets are recovered mainly through crypto exchanges, when hackers are arrested.
"There are definitely groups that we have our eyes on. There are gangs that are active outside of the United States that are continually looking for ways to obtain cryptocurrencies."
Homeland Security Investigations investigates cybercrime and transnational illicit activities and notifies government agencies, businesses, and other potential victims that an extortion event is imminent.
HSI is said to have prevented 150 ransomware plots between October 2023 and September 30, 2024.
537 intrusions have reportedly been disrupted since its creation in 2021.
HSI has reportedly seized $4 .3 billion in cryptocurrency seizures since 2021, including $180 million last year.
Assets are recovered mainly through crypto exchanges, when hackers are arrested.
"There are definitely groups that we have our eyes on. There are gangs that are active outside of the United States that are continually looking for ways to obtain cryptocurrencies."
6 months ago
🇪🇺 Coinbase announces plans to delist all unauthorized stablecoins from its platform in the European Economic Area (EEA) by the end of December 2024.
Coinbase will provide an update on its plans next month, including users converting their stablecoins to EU-compliant versions such as USDC.
Currently, only USDC and EURC have achieved MiCA compliance, so there is a potential delisting of USDT by the end of 2024.
Indeed, Tether has not yet received authorization to issue $120 billion in USDT in Europe.
Coinbase will provide an update on its plans next month, including users converting their stablecoins to EU-compliant versions such as USDC.
Currently, only USDC and EURC have achieved MiCA compliance, so there is a potential delisting of USDT by the end of 2024.
Indeed, Tether has not yet received authorization to issue $120 billion in USDT in Europe.
6 months ago
🔓Token Unlocks from September 30 to October 6, 2024.
📅 September 30:
👉 OPTIMISM - $59 million
2.5% of outstanding supply
📅 September 30:
👉 MANTA - $1 .77 Million
0.5% of outstanding supply
📅 October 1:
👉 MAVERICK PROTOCOL- $8 .94 million
9.56% of supply in circulation
📅 October 1:
👉 SUI - $105 million
2.4% of outstanding supply
📅 October 1 :
👉 ZETACHAIN - $38 .85 million
13.43% of outstanding supply
📅 October 1:
👉 GALXE - $4 .73 million
1.57% of outstanding supply
📅 October 1:
👉 DYDX - $8 .98 million
1.32% of outstanding supply
📅 October 2:
👉 ADA - $7 .45 million
0.05% of outstanding supply
📅 October 4:
👉 IMX - $59 .1 million
2.02% of outstanding supply
📅 September 30:
👉 OPTIMISM - $59 million
2.5% of outstanding supply
📅 September 30:
👉 MANTA - $1 .77 Million
0.5% of outstanding supply
📅 October 1:
👉 MAVERICK PROTOCOL- $8 .94 million
9.56% of supply in circulation
📅 October 1:
👉 SUI - $105 million
2.4% of outstanding supply
📅 October 1 :
👉 ZETACHAIN - $38 .85 million
13.43% of outstanding supply
📅 October 1:
👉 GALXE - $4 .73 million
1.57% of outstanding supply
📅 October 1:
👉 DYDX - $8 .98 million
1.32% of outstanding supply
📅 October 2:
👉 ADA - $7 .45 million
0.05% of outstanding supply
📅 October 4:
👉 IMX - $59 .1 million
2.02% of outstanding supply
6 months ago
🚨 BEWARE OF FALSE INFORMATION: FTX fund distribution will not start this week!
👉 The next hearing on the FTX restructuring is set for October 7. If approved, claimants with less than $50 ,000 could receive payments by the end of 2024, while larger amounts would be processed in 2025.
In total, $16 billion will be redistributed, and a large portion of these funds will be reinjected into the market.
👉 The next hearing on the FTX restructuring is set for October 7. If approved, claimants with less than $50 ,000 could receive payments by the end of 2024, while larger amounts would be processed in 2025.
In total, $16 billion will be redistributed, and a large portion of these funds will be reinjected into the market.
6 months ago
🇨🇳 Former Chinese Finance Minister Zhu Guangyao urges China to rethink its crypto policy at a 2024 economic forum in Beijing.
Zhu noted that the United States has made significant changes, including the approval of Bitcoin spot ETFs.
Zhu noted that the United States has made significant changes, including the approval of Bitcoin spot ETFs.
6 months ago
🤜🤛 Benoit Saint Denis' opponent of the day at UFC Paris 2024, Renato Moicano, is a fervent supporter of Bitcoin.
“Bitcoin is not just an investment, it’s a way of life.”
says the UFC fighter.
He sees #Bitcoin as a defense against "government tyranny" and inflation.
“However, before buying bitcoin, you should analyze your options and not jump into cryptocurrency just because I said so,” Moicano smartly reminds.
After his victory at UFC 300, Moicano publicly requested that his compensation be paid in BTC.
“Bitcoin is not just an investment, it’s a way of life.”
says the UFC fighter.
He sees #Bitcoin as a defense against "government tyranny" and inflation.
“However, before buying bitcoin, you should analyze your options and not jump into cryptocurrency just because I said so,” Moicano smartly reminds.
After his victory at UFC 300, Moicano publicly requested that his compensation be paid in BTC.
6 months ago
China to issue $284 BILLION in debt to save its economy! 💰🇨🇳
His recovery plan is COLOSSAL: 2,000 billion yuan distributed like this:
👉 1,000 billion to boost consumption: subsidies, equipment renewal, and even 800 yuan per month for each additional child!
👉 $1 trillion to save local governments from drowning in their $13 trillion in debt.
China wants its citizens to spend and is still targeting 5% growth in 2024, despite a FALLING housing market and rock-bottom consumer confidence.
The end of the year is going to be particularly intense!
His recovery plan is COLOSSAL: 2,000 billion yuan distributed like this:
👉 1,000 billion to boost consumption: subsidies, equipment renewal, and even 800 yuan per month for each additional child!
👉 $1 trillion to save local governments from drowning in their $13 trillion in debt.
China wants its citizens to spend and is still targeting 5% growth in 2024, despite a FALLING housing market and rock-bottom consumer confidence.
The end of the year is going to be particularly intense!
6 months ago
At Solana Breakpoint 2024, Charles d’Haussy, CEO of the dYdX Foundation, discussed the protocols’s upcoming enhancements and muse on Solana’s growth.
While dYdX, one of the crypto industry’s oldest decentralized perpetual exchanges, runs its own sovereign appchain, the platform recently integrated Solana-based assets into its platform.
The move brought greater exposure to a wealth of Solana ecosystem tokens, allowing dYdX traders to express their opinion on assets like $SOL , $JUP , and $WIF .
Drawing on his rich experience in the industry, d’Haussy made fascinating remarks about Solana culture.
Solana Builder Energy
When dYdX governance moved to include more Solana-based assets via a Raydium integration in June, d’Haussy and the dYdX were hesitant to approach the Solana community.
“When we started to reach out to the Solana ecosystem, I was kind of cautious and trying to be gentle, not knowing exactly how we would be welcome for conversations about possible integration”
From an outside perspective, blockchain tribalism formed a perceived barrier to entry. Chain maximalism is a serious obstacle within the industry, which is further exacerbated by obstinate and outspoken communities on social media.
Fortunately, away from the noise and distractions of social media, the teams actually building these ecosystems are eager to collaborate and push the collectively push the industry forward. d’Haussy remarked that the Solana Foundation was welcoming and receptive to working alongside teams from alternative ecosystems in the pursuit of progress.
“We were really warmly welcomed. I think the Solana ecosystem has showed us, you want to connect to the Solana ecosystem and bring more mindshare to the Solana ecosystem via your own chain? How can we help you?… The Solana Foundation has been extremely welcoming, connecting us to plenty of people. And the builders were also very welcoming.”
“Sometimes Twitter makes you think that this is all tribes and they look at each other from afar. But the reality is the real builders and the people which are in the industry long enough and for the long term, they are very friendly and they want to grow the cake for everyone.”
Additionally, d’Haussy asserted that “Solana is like Ethereum five years ago”, highlighting the energy and hunger shown by developers building innovative products. The CEO drew comparisons between the atmosphere of week’s earlier Token 2049 conference and Solana Breakpoint.
“We are just out of three days of Token 2049, which is much more salesy and marketing and towards trading activities, which is really the audience of DYDX. So, that was perfect, we had a blast over there. Suddenly, you wake up the next morning and you're going to Solana Breakpoint.”
“It's a bit of a shock for me because suddenly we are surrounded by devs. So, there is this kind of change of seasons overnight between the projects and the business development atmosphere of Token 2049 and here the business, the atmosphere of building here at Solana.”
Blockchain tribalism is a regrettable obstacle, but easily overcome. As evidenced by dYdX and the Solana, teams from different chains can always find ways to work together in a way that benefits both parties and further advances the space.
While dYdX, one of the crypto industry’s oldest decentralized perpetual exchanges, runs its own sovereign appchain, the platform recently integrated Solana-based assets into its platform.
The move brought greater exposure to a wealth of Solana ecosystem tokens, allowing dYdX traders to express their opinion on assets like $SOL , $JUP , and $WIF .
Drawing on his rich experience in the industry, d’Haussy made fascinating remarks about Solana culture.
Solana Builder Energy
When dYdX governance moved to include more Solana-based assets via a Raydium integration in June, d’Haussy and the dYdX were hesitant to approach the Solana community.
“When we started to reach out to the Solana ecosystem, I was kind of cautious and trying to be gentle, not knowing exactly how we would be welcome for conversations about possible integration”
From an outside perspective, blockchain tribalism formed a perceived barrier to entry. Chain maximalism is a serious obstacle within the industry, which is further exacerbated by obstinate and outspoken communities on social media.
Fortunately, away from the noise and distractions of social media, the teams actually building these ecosystems are eager to collaborate and push the collectively push the industry forward. d’Haussy remarked that the Solana Foundation was welcoming and receptive to working alongside teams from alternative ecosystems in the pursuit of progress.
“We were really warmly welcomed. I think the Solana ecosystem has showed us, you want to connect to the Solana ecosystem and bring more mindshare to the Solana ecosystem via your own chain? How can we help you?… The Solana Foundation has been extremely welcoming, connecting us to plenty of people. And the builders were also very welcoming.”
“Sometimes Twitter makes you think that this is all tribes and they look at each other from afar. But the reality is the real builders and the people which are in the industry long enough and for the long term, they are very friendly and they want to grow the cake for everyone.”
Additionally, d’Haussy asserted that “Solana is like Ethereum five years ago”, highlighting the energy and hunger shown by developers building innovative products. The CEO drew comparisons between the atmosphere of week’s earlier Token 2049 conference and Solana Breakpoint.
“We are just out of three days of Token 2049, which is much more salesy and marketing and towards trading activities, which is really the audience of DYDX. So, that was perfect, we had a blast over there. Suddenly, you wake up the next morning and you're going to Solana Breakpoint.”
“It's a bit of a shock for me because suddenly we are surrounded by devs. So, there is this kind of change of seasons overnight between the projects and the business development atmosphere of Token 2049 and here the business, the atmosphere of building here at Solana.”
Blockchain tribalism is a regrettable obstacle, but easily overcome. As evidenced by dYdX and the Solana, teams from different chains can always find ways to work together in a way that benefits both parties and further advances the space.
6 months ago
PayPal, one of the world’s largest financial platforms, continues its mission to deliver blockchain-based services to users and businesses alike.
On September 25, 2024, PayPal announced it would be enabling U.S. merchants to buy, hold, and sell cryptocurrency assets within their business accounts. The move is the latest in a slew of updates made by PayPal as the TradFi giant continues to embrace the cryptocurrency industry.
U.S. Businesses Can Now Store Funds Onchain
Following the successful launch of crypto services for individual users, PayPal remarked that businesses were eager to meet user’s growing demand for more comprehensive crypto services.
"Since we launched the ability for PayPal and Venmo consumers to buy, sell, and hold cryptocurrency in their wallets, we have learned a lot about how they want to use their cryptocurrency… Business owners have increasingly expressed a desire for the same cryptocurrency capabilities available to consumers. We're excited to meet that demand by delivering this new offering, empowering them to engage with digital currencies effortlessly." - Jose Fernandez da Ponte, Senior Vice President of Blockchain, Cryptocurrency, and Digital Currencies, PayPal.
PayPal’s commitment to providing merchants with expanded crypto services and flexibility goes beyond buying and selling digital assets. Merchants can now withdraw cryptocurrencies to external onchain wallets.
While PayPal has stipulated that this feature will be limited to “eligible” wallets, the move also opens the door to more businesses becoming involved in DeFi. For example, businesses holding capital might be able to lend out assets in various onchain lending protocols, earning additional yield on a merchant’s treasury.
$PYUSD Solana Supply Down 40% Since ATH
Since launching on Solana on May 29, 2024, $PYUSD enjoyed meteoric growth. Spurred on by generous liquidity provision incentives, $PYUSD’s Solana-based supply surged to over 663.4M tokens based on Step Finance data. This eclipsed Ethereum’s $PYUSD supply, making Solana the unofficial home of PayPal’s crypto services.
However, as $PYUSD reward campaigns have slowed and market conditions improved, the supply of PayPal USD on Solana has declined. At its highest point on August 28, 2024, Solana hosted $PYUSD 65.79% supply dominance.
Based on DeFiLlama data, that figure has since fallen to just 50.4%, with PayPal USD’s Solana-based supply currently sitting at 354M.
It's unlikely that PayPal merchants based in the U.S. will rush to bring their stablecoin holdings onchain and deploy them in Solana DeFi protocols. However, the move highlights PayPal’s willingness to respond positively to customer feedback and integrate blockchain technology into its expansive product suite.
On September 25, 2024, PayPal announced it would be enabling U.S. merchants to buy, hold, and sell cryptocurrency assets within their business accounts. The move is the latest in a slew of updates made by PayPal as the TradFi giant continues to embrace the cryptocurrency industry.
U.S. Businesses Can Now Store Funds Onchain
Following the successful launch of crypto services for individual users, PayPal remarked that businesses were eager to meet user’s growing demand for more comprehensive crypto services.
"Since we launched the ability for PayPal and Venmo consumers to buy, sell, and hold cryptocurrency in their wallets, we have learned a lot about how they want to use their cryptocurrency… Business owners have increasingly expressed a desire for the same cryptocurrency capabilities available to consumers. We're excited to meet that demand by delivering this new offering, empowering them to engage with digital currencies effortlessly." - Jose Fernandez da Ponte, Senior Vice President of Blockchain, Cryptocurrency, and Digital Currencies, PayPal.
PayPal’s commitment to providing merchants with expanded crypto services and flexibility goes beyond buying and selling digital assets. Merchants can now withdraw cryptocurrencies to external onchain wallets.
While PayPal has stipulated that this feature will be limited to “eligible” wallets, the move also opens the door to more businesses becoming involved in DeFi. For example, businesses holding capital might be able to lend out assets in various onchain lending protocols, earning additional yield on a merchant’s treasury.
$PYUSD Solana Supply Down 40% Since ATH
Since launching on Solana on May 29, 2024, $PYUSD enjoyed meteoric growth. Spurred on by generous liquidity provision incentives, $PYUSD’s Solana-based supply surged to over 663.4M tokens based on Step Finance data. This eclipsed Ethereum’s $PYUSD supply, making Solana the unofficial home of PayPal’s crypto services.
However, as $PYUSD reward campaigns have slowed and market conditions improved, the supply of PayPal USD on Solana has declined. At its highest point on August 28, 2024, Solana hosted $PYUSD 65.79% supply dominance.
Based on DeFiLlama data, that figure has since fallen to just 50.4%, with PayPal USD’s Solana-based supply currently sitting at 354M.
It's unlikely that PayPal merchants based in the U.S. will rush to bring their stablecoin holdings onchain and deploy them in Solana DeFi protocols. However, the move highlights PayPal’s willingness to respond positively to customer feedback and integrate blockchain technology into its expansive product suite.
6 months ago
📊 Here is the distribution of Bitcoin in the different countries that have it via their government as of September 17, 2024.
We note several things:
- There are 2.52% of BTC that are held by governments
- The United States is the largest country holding BTC ahead of China
- Few countries in Europe have Bitcoin
- France completely absent once again but it's not a big surprise
We note several things:
- There are 2.52% of BTC that are held by governments
- The United States is the largest country holding BTC ahead of China
- Few countries in Europe have Bitcoin
- France completely absent once again but it's not a big surprise