erbseyer retweeted
LATEST: ⚡ Grayscale filed a fifth SEC amendment for its Zcash ETF, renaming the trust "The Zcash ETF" and setting a 2.5% annual sponsor fee.
erbseyer retweeted
We're proud to announce the publication of Cassandra, the result of years of collaboration between Radix and Professor Mohammad Sadoghi's lab at UC Davis.
The paper explores new approaches to consensus under network partitions, contributing to the future of distributed systems research.
What began in 2020 with Dan Hughes and Professor Sadoghi has now been completed in Dan's honor; a testament to his vision, creativity, and lasting impact.
📄 arxiv.org/abs/2607.02856
erbseyer retweeted
BREAKING: The Philippines has approved Starlink Direct-to-Cell service. 🇵🇭
Globe has received official authorization to launch the service, making the Philippines the first country in Southeast Asia where standard LTE phones can connect directly to satellites.
No extra hardware or special app is required. Users only need a compatible phone, an active Globe SIM and a clear view of the sky.
This is a major step for connecting remote islands, mountain communities, maritime areas and disaster-hit regions where traditional cell towers cannot reach.
erbseyer retweeted
Musk Industry is perfectly positioned to serve the best intelligence to cost ratio in the digital and physical world.
They are building their own data centers - in space and on the ground.
They are building their own chips with Terafab.
They are building their own models with Grok, FSD, and the Optimus Bot model.
They are building the robots in-house, with their cars and the humanoids.
They are building their own power generating assets with solar panels & batteries.
They have a massive marketing arm in X.
What all of this means is that Musk Industry will have hyper-optimized models married with hyper-optimized chips, running on hyper-optimized robots in the form of cars and robots (and probably drones, ships, and planes eventually), all powered and trained by hyper-optimized data centers in space and on the ground.
All of this requires STUPID amounts of money to get started, but once the flywheel gets going, it'll be an unstoppable force.
$TSLA $SPCX
SpaceX ($SPCX) surging post-IPO - hitting ~$210/share on some platforms (after-hours) with a ~$2.75T market cap — now cracking the top 5 most valuable companies in the world, right alongside (or ahead of) Amazon! From reusable rockets to Starlink dominance, this is historic. What a ride. #SpaceX #SPCX @elonmusk
erbseyer retweeted
An open letter to the crypto community 💛
During periods of market volatility and pressure, the impact felt across the industry is naturally also felt by Binance.
As a global industry leader, we hold ourselves to elevated standards and continually improve based on feedback from our community and the wider public.
In 2025, Binance continued to invest in the long-term health of our industry through stronger risk controls, compliance, and ecosystem development.
Some key highlights:
👉 User Deposit Recovery: Assisted with 38,648 incorrect deposit cases totaling $48M in 2025, contributing to over $1.09B in total user deposits recovered to date.
👉 Risk Controls & User Protection: Helped 5.4M users through risk controls and protection measures, cumulatively preventing $6.69B in potential scam-related losses.
👉 Combating Illegal Activity: Collaborated with global law enforcement agencies to combat illegal activities leading to authorities confiscating $131 million in ill-gotten funds.
👉 Token Listing Distribution and Ecosystem Diversity: Spot listings covered 21 public blockchains, with ETH, BSC, and SOL leading (32, 18, and 9 projects respectively).
👉Asset Transparency and Reserves: Achieved Proof of Reserves (PoR) totaling $162.8B across 45 crypto assets.
We remain committed to sustainable, verifiable actions that protect users, advance the industry, and support long-term, responsible growth.
Today, we’re taking another step forward:
Binance will convert the SAFU fund’s ~$1B stablecoin reserves into BTC with the process completing within the next 30 days.
The SAFU fund will undergo regular rebalancing based on its market value. Should BTC price movements cause it to fall below $800M, Binance will replenish it to $1B.
We believe Bitcoin is the foundational asset of this ecosystem and the premier long-term store of value.
By making this move, we’re embracing market cycles and standing shoulder-to-shoulder with the industry, just as we always have.
This is part of our ongoing commitment to building crypto’s future. More updates soon.
Binance will keep responding with real steps, driving the industry forward through openness, transparency, and long-term commitment.
Thank you to our beloved community for standing with us, ALWAYS. 💛
Read the full letter 👉 binance.com/en/blog/communit…
erbseyer retweeted
Venezuela Just Proved the Bitcoin Bull Case, And No One Is Paying Attention
Maduro used Tether to move 80% of Venezuela's oil revenue. Billions in sanctions evasion, settled on Tron since 2020.
Then the US made a phone call.
Tether froze the wallets.
Game over.
Everyone's focused on the arrest. The real story is the lesson every finance minister on earth just learned in real time:
Stable coins are a leash, not an escape.
If someone can freeze it, it isn't money. It doesn't solve sovereignty.
First principles:
USDT is dollar plumbing without SWIFT. Faster. Cheaper. Still has a CEO. Still has a compliance department. Still picks up when Washington calls.
This is why USDT adoption exploded, 71-year-old grandmothers in Caracas pay their HOA fees in tether now. But useful ≠ sovereign.
The entire value proposition for sanctions evasion just got publicly falsified.
Now do the game theory:
You're Iran. Russia. Any country hedging against dollar weaponization. You just watched Venezuela's "crypto solution" get shut off like a light switch.
Where do you put reserves now?
USDT? Compromised.
Yuan? Political strings.
Gold? Try settling $500M across borders in 10 minutes.
CBDCs? Same kill switch, government branding.
There's exactly one asset that clears final settlement without asking permission from anyone.
21 million units. No CEO. No freeze function. No phone number.
This is the ad Bitcoin never had to buy.
The most desperate, highest-stakes capital on earth just learned there's only one door.
Price doesn't reflect it yet.
It will.
erbseyer retweeted
Let me share a little story on the largest ever single payment from @Binance, the $6m in 2017!
I hope this will help you better understand the #Binance culture.
Binance launched on July 14, 2017, having successfully raised $15m in its ICO two weeks prior.
Less than 6 week later, on Sept 4th, 2017, China issued a ban on crypto exchanges, crypto mining, as well as recommending any ICO projects to return users investments in full should the users want it.
With the announcement, many tokens dropped below their ICO price. BNB dropped from 22x to 6x of its ICO price. Luckily, it was still 6x. So no one wanted to return $6 for $1.
However, four other projects on Binance fell below their ICO prices. The teams behind those projects lacked the funds to fully reimburse their users.
Our team ran some calculations. The gap was about $6 million USD.
The team called me and asked if we should use our own funds to make our users whole, even though those were neither our projects, nor our obligation.
$6m million might not sound like a lot today, but to put it in perspective, we had raised $15 million just eight weeks prior. We were not profitable. We were buying servers and hiring people. We were burning cash.
Giving $6 million to users would deplete our corporate treasury by more than 40%.
I joined the call on a moving train in Tokyo. I asked if anyone had any objections.
No one objected. I said, “let’s do it”.
Percentage wise, that was the single largest transaction in our corporate history.
That announcement immediately received overwhelming responses from the crypto community, not only in China, but around the world.
No other company had protected its users to such an extent, even to this day.
The market rewarded us. Users from around the world joined us. They saw that Binance protected users with not just words, but with action and funds.
When we made the decision to make users whole, we had about 35,000 users. A month later, we had 120,000 users. We became profitable, and have been ever since.
Two months after that, we became the world’s largest crypto exchange, and have been ever since.
Hence our core value: Protect Users!
erbseyer retweeted
On Radix, currently you can earn 28% APY for 1 week deposit of XRD 💥
1⃣Open a free Radix wallet here: wallet.radixdlt.com/
2⃣Send some $USDC or $USDT using HyperLane Bridge to your wallet for $hUSDC or $hUSDT: nexus.hyperlane.xyz/?destina…
3⃣ Buy some $XRD at caviarnine.com/trade we offer the best prices on Radix.
4⃣ Deposit for 7 days here: caviarnine.com/validators
🏆As a bonus, sign up to the Radix incentive program with your new wallet and earn additional $XRD for using CaviarNine: incentives.radixdlt.com/
@radixdlt @hyperlane
erbseyer retweeted
Radix can now connect with 150+ chains through the leading permissionless bridge protocol thanks to the @hyperlane bridge
What this unlocks for Radix:
💧 Liquidity inflows from across Web3
👥 User onboarding from any chain
⚙️ New multi-chain DeFi opportunities
erbseyer retweeted
Nexus is your official bridge to @Radixdlt!
Now supporting USDC, USDT, ETH, WBTC from Arbitrum, Base, and Ethereum. Bridge now to join Radix Rewards Season 1.
Bridge Here ⏩ nexus.hyperlane.xyz/?destina…
Radix just levelled up. @hyperlane is live!
Permissionless routes for @USDC , @USDT0_to , @WrappedBTC , and ETH from Ethereum, @arbitrum , @base , and @BNBCHAIN. More routes, including @solana, are on the way.
Next: Radix Rewards Season 1 kicks off 00:00 UTC Sept. 8, 2025.
Radix is now open to the rest of crypto!
Radix just levelled up. @hyperlane is live!
Permissionless routes for @USDC , @USDT0_to , @WrappedBTC , and ETH from Ethereum, @arbitrum , @base , and @BNBCHAIN. More routes, including @solana, are on the way.
Next: Radix Rewards Season 1 kicks off 00:00 UTC Sept. 8, 2025.
erbseyer retweeted
🚀 $GREAT x $WRP Partnership! 🚀
Great Labs 🤝 Warpie are joining forces and together we'll deliver next-level utilities Radix ecosystem and bring even more value to the community🔥
🎁 To celebrate we’re giving away $30 in prizes to 3 lucky winners!
To enter:
👉 Follow @greatlabsradix & @WarpieWRP
🔁 Retweet this post
📱Download the RadixHub app
💬 Comment your Radix address
⏳ Winners in 72h – good luck!
erbseyer retweeted
It’s an easy prediction of where things are headed.
Devices will just be edge nodes for AI inference, as bandwidth limitations prevent everything being done server-side.
