Interviews with the founders building crypto, since 2014. Founder Hub, breaking news and a free weekly newsletter. Host: @Ashton_Addison_
Joined April 2014
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Big week for near:native :
@BitwiseInvest's NEAR ETF solana:7ukDd3E3PSupATuK4yvJ49jyZr8nNrkXKcq8pioiq98F launches this week while NEAR Intents was hit by a $3.8M exploit today. Service is back up and users are being made whole
That came days after NEAR Intents blocked the Bitget hackers from moving $50M+ through the protocol (only ~$166K got through)
There's a lot to talk about with NEAR. We sat down with CEO Illia Polosukhin (@ilblackdragon) for the full picture 👇
0:00 Intro
0:38 Private trading on NEAR Intents
6:19 SHIELD: stopping hacked funds
8:41 Tokenized stocks with any asset
15:09 IronClaw and private AI
20:30 The Bitwise NEAR ETF
22:40 Roadmap to 2027
@NEARProtocol
Crypto Coin Show retweeted
About $5.6B just left @binance hot wallets across Ethereum, Bitcoin and Tron.
If it's confirmed as a hack, it's the largest in crypto history:
- ~$3.5B on Ethereum, incl. ~167K $ETH and ~$1.6B $USDT
- ~$1.44B in $BTC (~18,270 BTC)
- ~$630M on Tron
- @Tether_to and @circle froze ~$1.8B within hours
- More than 3x the Bybit hack ($1.5B, Feb 2025)
Binance says it's investigating. @cz_binance says user funds are safe.
Crypto Coin Show retweeted
Binance says $2.54B of the hacked funds is now frozen.
This includes:
- @Tether_to: $1.567B+ $USDT
- @circle: ~$823M $USDC
- @Ripple: ~$200M $RLUSD
- @worldlibertyfi: $27M $USD1
- @Paxos: $8M+ in $PAXG
That's roughly half the ~$5.6B taken, stopped within hours.
It's a win against bad actors. It's also a reminder that the assets now carrying most of crypto's volume can be frozen on demand by a handful of companies.
The attacker's move: rotating into $ETH, which nobody can freeze, and probably into $BTC if they can.
Stablecoins are making crypto safer and more usable. They're also making it less decentralized.
BINANCE UPDATE: ~$5.6B drained from @binance hot wallets
What we know:
- Funds left across Ethereum, Bitcoin and Tron, per on-chain data
- Binance: investigating a "potential security issue," says user funds are SAFU
- @Tether_to and @circle froze ~$1.8B in $USDT and $USDC
- If confirmed, the biggest hack in crypto history (3x+ Bybit)
Market reaction:
- bitcoin:native slipped below $79K
- $BNB down ~7%
- $XMR up ~6%
⚡ BNB Chain (@BNBCHAIN) will reserve 5% of every block for payments, even when the lane sits idle.
Jenner is live on testnet, but no stablecoin qualifies yet, only $BNB transfers.
Should $USDT get in?
cryptocoinshow.com/bnb-smart…
🇰🇵 North Korea's fake IT worker program earns $250M to $600M a year, per a UN estimate.
The US Treasury (@USTreasury) sanctioned 10 people and a firm moving those wages from stablecoins to $ETH to Garantex.
cryptocoinshow.com/treasury-…
Crypto Coin Show retweeted
Most stablecoin launches beg you to hold the token. When I asked @BurntBanksy why anyone should hold $verUSD, he told me not to.
What @verona_dev is building instead:
- A dollar built for AI agents paying for verified data
- The goal is for the stablecoin to be invisible. You just see dollars
- $100M+ in launch commitments, $60M+ of it signed revenue set to flow through verUSD
- His prediction: big brands, even Starbucks, will launch their own
Anthony, which brand moves first?
cryptocoinshow.com/interview…
🎙️ Where do most people drop off when onboarding into crypto?
"There are two main points. One is payment." The other is KYC, says Przemek Kowalczyk of Ramp Network (@RampNetwork).
cryptocoinshow.com/interview…
🚫 33 companies now block their stock from OKXICE, the 24-hour tokenized venue from OKX (@okx) and ICE.
JPMorgan, Coca-Cola, AMD and Dell are in. 30 of the original 62 names opted out.
Will Apple follow?
cryptocoinshow.com/jpmorgan-…
💰 The US government made $627M selling forfeited Anthropic (@AnthropicAI) shares tied to FTX.
Caroline Ellison and Nishad Singh put $50M in back in 2022. The cash went to the FTX bankruptcy estate.
cryptocoinshow.com/governmen…
Crypto Coin Show retweeted
Islamic finance is a $6 trillion market, and its institutions, funds and family offices usually need a scholar's approval before they hold anything. How many coins have one?
Bitcoin's rulings contradict each other. Ethereum's came before proof of stake. Epic Cash has a signed certificate from Dr. Mohamed Ali Elgari.
@EpicCashTech is the only crypto in the world that has a fatwa, is proof of work, fixed supply and private by default. @CryptoCoinShow covers it 👇
cryptocoinshow.com/epic-cash…
🏦 Bitget Wallet (@BitgetWallet) is rolling out USD and EUR account numbers to 100M+ users, settling straight into $USDT or $USDC.
About $2 on a $500 deposit. Would you get paid this way?
cryptocoinshow.com/bitget-wa…
📰 A full-page WSJ ad warned CEOs their stock could be tokenized without consent. Securitize (@Securitize) CEO Carlos Domingo calls it "misleading."
26 issuers have already objected to OKXICE. Who is right?
cryptocoinshow.com/securitiz…
🧊 Datavault AI stock fell 49.6% in one session after disclosing it has not been able to withdraw its Bitcoin from Biconomy since June.
Now it is restating four quarters of results. Would you keep $BTC on an exchange?
Full story: cryptocoinshow.com/datavault…
🤝 Ripple (@Ripple) followed its trust bank charter with a Robinhood (@RobinhoodApp) deal: $RLUSD heads to the main Robinhood app later this year.
BNY Mellon now custodies $XRP and RLUSD too.
cryptocoinshow.com/ripple-se…
Google (@Google) just unveiled its own crypto custody tech for banks
- No single party ever holds the full private key
- Banks split signing across their own hardware, Google Cloud and rival clouds
- Alphabet already uses it for its own ETH and SOL
- Commercial launch: early 2027
Fireblocks and BitGo just got a new rival
🎙️ "Crypto assets and crypto rails are by far superior"
Farzam Ehsani (@farzamehsani) built VALR (@VALRdotcom) into Africa's biggest crypto exchange, 1.7M+ users. Can crypto rails beat 7 to 8% remittance fees?
cryptocoinshow.com/interview…
⚠️ Binance (@binance) delists 22 trading pairs on Friday, including AAVE/BTC and TAO/BTC.
$ETH deposits and withdrawals also pause today for about an hour of maintenance. No token leaves the platform.
cryptocoinshow.com/binance-s…
$HOOD crypto trading revenue fell 6% last quarter
Robinhood Chain made up the difference: $26M in its first quarter live
@RobinhoodCrypto GM @JohannKerbrat told us why they built their own chain 👇
Smart move?
