founder @huntersofweb3 | attorney, advisor, investor, trader, jpeg collector | moving markets
Joined June 2015
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people forget favors quickly
mexc is one of the broadest and most innovative cexes in web3, maybe even the one itself. thanks to them other cexes can't run wild as they want because they always offers another way
in 2023-2024-2025 while other cexs wanted to own almost 50% of projects for listing, @mexc was asking for reasonable fees. as a result of all these moves, degen side was able to make a living for years by finding liquidity for projects
as for legal side; fincen's order only restricts certain fund transfers between mexc global and us financial institutions. so there's no restriction on funds at mexc. i believe they'll resolve this in a short time
MEXC is aware of the order issued by the U.S. Financial Crimes Enforcement Network (FinCEN) on November 6, 2026, and is reviewing it closely in coordination with our legal and compliance teams.
MEXC is operating normally, and user assets remain secure.
We take the concerns raised seriously and intend to engage constructively with FinCEN, as well as other relevant regulators and competent authorities worldwide. We have also begun an independent review of our AML and sanctions controls.
We will continue to monitor the situation closely and provide further updates through our official channels.
did u notice what happened in chip stocks this week??
every public company has to report its numbers every 3 months. how much it sold (revenue), what's left after costs (margin and profit), and what it expects for next quarter (guidance). they publish these and in our space we call it an earnings report
so why do these reports move prices? here's how; market already has expectations before the report. if results beat them, price usually reacts one way, if they miss, the other. and most of the time guidance matters more than past quarter, bc market prices the future, not the past
why chip companies? every ai model, every chatbot, every ai feature u use runs on chips. when big tech says "we're investing in ai", that money ends up as chip orders. so chip company earnings are where u see in hard numbers whether ai spending is real
terms u'll see:
1- data center = giant server farms where ai runs. ai chips go here
2- capex = how much big companies spend on infrastructure like these data centers
3- margin = what's left from every $1 of sales after costs
💠 now let's get to this week's reports:
🔹 amd: revenue +45%, data center segment nearly doubled to $8.5B. meaning growth isn't coming from pcs or gaming anymore, it's coming from ai servers
🔹 arm: interesting model. they don't make chips, they design them and others pay to use those designs. two income types: licensing, paid once when a company signs up to use a design, and royalty, paid per chip sold. licensing +50%, data center royalties doubled. why it matters: today's licenses turn into tomorrow's royalties, so licensing is an early signal of what's coming
🔹 qualcomm: revenue beat expectations, but chip making costs (memory, packaging, manufacturing) are rising and squeezing margins. if costs are rising for qcom they're likely rising for others too, so this is a sector signal, not just one company's
🔹 nvidia: biggest ai chip company, reports later this month. after what amd and arm showed, its report will show whether big tech keeps spending on ai at this pace. that's why everyone's waiting for it
not a buy list. earnings move prices fast in both directions. speaking of trading stocks, if u're doing it through bybit @bybit_official, wsot 2026 is live. it's bybit's global multi-asset trading competition, and there are multiple prize pools up for grabs
identity verification required, availability depends on ur country, u may get back less than u invested. read the t&cs and risk disclosures first. nfa, dyor
for join: bybit.com/en/wsot2026?tab=gl…
🤝 Paid partnership
if you scam those who support you at every opportunity, manipulate markets, force projects into conditions starting from negative for listing, and despite all this fail to protect money entrusted to you and get it stolen;
this is how you turn into someone everyone hates 👇🏻
us stock markets opened and everything started dropping like crazy (s&p 500 losses exceeded 3%; worst intraday drop since apr 2025)
hyperliquid liq notifs passed 600 in last 1h
no point opening long saying i found bottom, tmrw will be better than today, don’t get demoralized
kast team announced there won't be an airdrop
i remember they kept saying there'd be an airdrop, even putting $ value under points they gave as a show
after exploiting users with commission fees under airdrop promise, moves like this make no sense
On the email users got, about converting points for KAST Pioneer Units. Let me say this, and then will leave it for you to absorb.
—-
First -
We are super limited in the language we can use, because of country-by-country rules. Use that for context, in what we released.
Second -
We didn’t just come up with some program out of thin air. The conversion of points to KAST Pioneer Units, came after a long and super expensive process with Tier 1 law firms, and with approvals from investors to create this setup. It literally cost us millions just to setup. We got legal opinions on dozens of countries. Obviously, we would only do this because we are really trying our absolute best to create a strong program for the community.
Third -
Just to reconfirm.
The KAST Pioneer Units, will be issued by a KAST-linked SPV. This is the only practical step for issuance globally. The points will convert to the KAST Pioneer Units.
There will be periodic cash out events. We can’t legally promise you the amounts, the dates, whether it goes up or down. No surprise in that.
But we are putting in the hard work, so the community gets an outcome aligned to the success of KAST.
The only thing you have to do, is quickly accept the conversion, details early December in app.
Fourth -
Why is there no token? Because no single project in the crypto card or Neobank space in history, has ever delivered a token which is not down. Tokens are almost always not aligned to the community. The founders and team most often end up with a treasury they wholly control, they along with investors cash out, and the token holders deal with the volatility and the ultimate decrease in price.
By not launching a token, our team and investors get none of that optionality. They stay locked in equity. To date, I have personally only net purchased equity in KAST and never sold.
Launching a token completely counter to our ambition to build a $100B+ company. We believe the KAST Pioneer Units will be the best long term outcome, and in time people will realise this.
Finally -
We understand that in a market which is very far down, many are looking for anyway to cash out. We get it. There is real pain in crypto prices, many have seen their wealth fall substantially.
But still strongly believe the KAST Pioneer Units, issued by the SPV, will ultimately prove to be the right decision. Time be our witness.
Thanks all.
(Note: I won’t respond to most comments, as I’m keeping to approved language)
