FR🟦G 🟦E 🟦NOMICS

An all time X response.

Just got off the phone with the most intelligent person I know. He said this is COVID 2.0. Everything on the internet is going to get hacked. One by One. It'll start affecting people close to you and one day a big bank will get penetrated and their data will be wiped clean. Thousands of accounts will show $0 and there will be no way of recovering their true balance. When this happens we will go on grid lock down. They will shut down the internet all over the world for 3 months to patch every single exploitable bug with the help of super advanced AIs. This will cause mass panic and chaos. You need to stock up on food, water, gold, silver, guns, ammo, and cash. ASAP. Rumors are that this global shutdown will start on November 17th.

Kinda the recurring theme I am seeing on a lot of coins atm- again, assuming $BTC finds a floor here shortly and heads to 90k+ before a larger pullback. As I said in my last post on ETH, lots of alts poised for some outperformance in the BTC to 90k scenario, (like $SOL in the chart below) but don't get lulled into a false sense of security if we do get these rallies because I think what comes after will be a larger unwind for most.

Curve is now live on @StellarOrg, marking its first native deployment outside the EVM ecosystem. And I think this is a pretty interesting expansion, especially considering the type of ecosystem @CurveFinance is entering. The Stellar Development Foundation actually approached Curve about bringing its infrastructure to the network. Stellar has been building around payments and institutional finance for years, with players like Franklin Templeton and MoneyGram already operating there. Now Curve is bringing StableSwap to Soroban, Stellar's smart contract platform. Since Stellar doesn't run the EVM, the existing Vyper contracts couldn't simply be deployed there. StableSwap had to be rebuilt from the ground up, while keeping the same underlying math. The reason I like this combination is quite simple. Stellar already has stablecoins and tokenized financial assets, but issuing these assets is only one part of the equation. They also need reliable liquidity and efficient markets where users can actually move between them. That's where Curve can add real value. StableSwap provides the infrastructure for assets that should trade close to the same price, making it a natural fit for stablecoin markets. And the benefits go beyond swaps. Deeper pools can become liquidity sources for lending protocols, help facilitate collateral liquidations and make tokenized assets easier to use across the ecosystem. As on other Curve deployments, swaps on Stellar generate fees for the DAO. There's more planned, too. Curve wants to bring its full stack to Stellar, with permissionless pool deployment and improved routing still on the roadmap. FXSwap is also in development and will follow once its audit is complete, opening the door to markets between assets with different prices, such as USD and EUR stablecoins. I don't think the success of this deployment will be measured by the launch itself, but by how much liquidity and actual usage Curve can attract. Still, bringing Curve's infrastructure to an ecosystem with this much focus on stablecoins and tokenized assets makes a lot of sense to me.

Update: SAFU fund transfer is complete - this was the large 7,499 $BTC transfer visible here: blockchair.com/bitcoin/trans…

DPRK isn't just scrambling the money trail — they're literally DDOSing the visual tracking tools: they've automated the split of $6.3b into tens of thousands of microscopic, cascading peeling chains inside a few blocks. the sheer volume of addresses is designed to crash the GPU/CPU of any tracker trying to render the multi-chain flow, rendering forensics screens totally useless. "WTF are you even doing here" = 50,000 automated micro-transactions designed to give chainalysis' analytics server a meltdown. 🤓

48M boomers+ will pass in the next 20 years Who will buy all their overpriced houses?

An update on the security incident.

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