You’ve seen hundreds of token launches. 99% fade once the hype dies. But not @WalletConnect because it was designed to build the next phase of onchain UX. Here’s why $WCT staking matters 🧵👇🏻

~70 DeFi exploits in Q2: all-time high by count. $746M stolen. Drift $285M, KelpDAO $293M are 93% of April’s losses. Multisig tampering, bridge bypasses, social engineering. Code logic clean. Operational layer broke. Smart contract audits miss this, so what catches it?

$557M subscribed on Binance for SpaceX: refunded. xStocks DeFi token launched fine: Ondo, Backpack, Kraken all live. Only the physical share handoff to Binance, Bybit and Bitget broke. Onchain worked, broker-dealer worked,the CEX share-sourcing route didn’t. What failed?

Stablecoins settled $33T in 2025. Visa did $16.7T. The comparison landed in Armstrong's post today alongside $1T in @coinbase stablecoin movement and 160M x402 agentic payments. Google, Stripe, Visa in the x402 Foundation... The infrastructure argument is over. What's next?

6.3% of onchain gamblers drove 91.8% of all volume since 2022. But casual bettors grew 10x in monthly volume over the same period: from $17M to $188M in four years. The whales built the floor. Retail is now building the ceiling. What does that curve will look like in 2027?

$H post-mortem is worse than initial read: ▫️3 of 6 Gnosis Safe keys compromised from a single laptop ▫️Multisig keys that were supposed to be dispersed were backed up in one place during setup ▫️One endpoint compromise gave attackers bridge admin Setup failure or inside job?

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IBIT worst four-week stretch since launch. Institutions are not bearish but they sell $BTC when Treasuries make risk-free returns look attractive. $1.34B out last week. Thesis intact. But opportunity cost clearly changed. When yields peak, does the outflow reverse as fast?

Saylor posted the dots chart yesterday: done it before every $BTC buy. 843K BTC at $75.7K avg cost, now $62.1K. STRC dividend structure vote today. Buying below avg cost while restructuring preferred payments at the same time. Conviction or damage control here?

apxUSD depegged to $0.90. $476M in supply. Backed by STRC: Strategy’s preferred at $100 par, now $94.60. $BTC down 17%, $11B unrealized loss on 843K BTC. 24/7 crypto vs Nasdaq-hours liquidity mismatch broke the peg. How many stablecoins have hidden BTC exposure nobody mapped?

PumpFun bounty platform: $115K live. Another disaster… similar to livestream feature. $57K to skydive a World Cup in a memecoin suit. $25K to approach a murder victim’s family. When price momentum dies you manufacture shock. Is this the ceiling of memecoin marketing?

Interesting part beyond the bug is the response. Zcash froze Orchard, deployed an emergency fix, then restored it with a corrected upgrade in days. Now a new proposal aims to let anyone verify supply integrity. Does stronger auditability strengthen privacy for next cycle?

$BTC hit $61.3K: bounced 5.5% to $64.7K on ceasefire news. $617M longs liquidated in 24h. 200-week SMA at $61.8K held: marked cycle bottoms in 2015, 2018, and 2020. $50-52K in play if that SMA loses. Relief bounce or real bottom?

Everyone’s framing this as a comeback story. I read it differently. Breaking even on a 2-month, $100M short means the trade hasn’t worked. He’s just no longer losing. The real tell is whether he adds here or closes. Flat isn’t a win, it’s a decision point.

Grayscale $HYPE ETF this week. HYPG, 0.29%: undercuts 21Shares (0.30%) and Bitwise (0.34%). $140M inflows since mid-May. HYPE at $75.30 ATH, $16.7B mcap (top 10). $170B monthly perp volume. BTC ETFs bleeding 10 straight days. if this isn’t rotation, what does it look like?

Crypto exploit losses finally dropped to $68.3M in May. Compared to $650M in April, it’s a ~90% decline. Yet bridges still accounted for 42% of losses, code flaws drove 66%, and key compromises remained a major threat. Progress, or a quieter month before the next test?

The market is telling a clear story right now. - Stablecoins sit above $300B - Tokenized funds climbed past $32B - Tokenized commodities crossed $7B Even tokenized stocks are accelerating. If every asset eventually moves onchain, which chain captures the most value?

All focuses on spot ETFs, but look at derivatives. @coinbase is now connecting US institutions to global crypto options and perps liquidity. Deribit alone sits at roughly $31B in BTC options OI. What happens when offshore market share starts moving onshore?

Multiproofs is live on @base mainnet. Now, TEE & ZK provers run simultaneously, either can finalize a block independently. - $4.38B TVL - $1.37B daily DEX volume - 99% reduction in empty blocks - 5,000 TPS bursts sustained Does the path to Stage 2 actually move capital?

Crypto card monthly volume up 230% year over year. $7.8B cumulative transactions with Visa capturing 90% through partners. Groceries, restaurants, online shopping: stablecoins paying for lunch is no longer an experiment. When does payment volume start showing up in valuations?

$BTC at $75,500 while global equities hit record highs. The divergence is hard to ignore. Golden cross forming on BTC’s chart as 50-day approaches 200-day. $1.74B in ETF outflows past two weeks while retail adds leverage. Does the golden cross close the gap with equities?