Citadel, is one of the most significant hedge funds, and they just dropped tokenomics … And it’s not what you would have expected

BlackRock CEO Larry Fink: Countries are racing to launch their own stablecoins “Every member of our government needs to wake up to the idea that these deficits are threatening our future and the value of the dollar. Let’s be clear, if we were not the country whose currency is the currency of the world, we would not be able to have these deficits… it is a privilege, not a right. I think too many men and women in congress think it’s a right, not a privilege, and I think we’re jeopardizing that right.” Larry Fink points out that crypto is creating a credible alternative to the dollar: “I was in Asia two weeks ago, and the countries are all talking about creating their own stablecoins because they’re worried about the increased dominance of a dollar stablecoin worldwide. So they’re all going to start their own.” And when regulated institutions and sovereigns need neutral global rails to issue these stablecoins, they’re overwhelmingly choosing Ethereum Mainnet (which already hosts $168 billion in stablecoins — 55% of the global market). Hong Kong’s regulated HKD stablecoin went live on Ethereum this month. Twelve of Europe’s largest banks are launching a euro stablecoin on Ethereum later this year. Australia’s largest bank has been issuing AUD on Ethereum since 2022. A few weeks ago, the Japan Blockchain Foundation announced plans to launch a Yen stablecoin on Ethereum. Video source: @CPIWealth (Aug 2025)

ethereum isn't a fucking company and you don't "fix" it by building a $1b command center with a board & a mandate to pump eth. the moment you route staking or fee revenue into a central org "aligned with price", you've built a capture machine and called it accountability. that's _not_ alignment, that's governance gravity - power concentrates, others defer, and it slowly becomes the system's real control layer. cypherpunk systems don't win by optimising some retarded balance sheet, they win by resisting control, staying permissionless, and never creating a single point of pressure, bribery, or capture. period.

DAYS Miami Recap Video is LIVE! On May 4, the first edition of the Digital Asset Yield Summit (DAYS) took place in Miami. It was exactly what we set out to build: 300 attendees, 60% capital allocators, 77% C-suite, real conversations between people who came prepared to do business. Attendees left impressed by the quality of the content, organization, and the conversations that only happen when the selection process is taken seriously. After the United States, DAYS goes to Asia: 🇸🇬 Singapore is next, on October 6! With this post, we thank all our sponsors, attendees, and partners: → @Bitwise, @puffer_finance, @FireblocksHQ , @XDCNetwork, @Meria_Finance, @P2Pvalidator, @PythNetwork, @crypto_crew, @AccountableData, @ampli_inc, and @coinroutes!

Ethereum is a substrate for economic transaction and coordination which does not require the use of trusted third parties there is no substitute for what it does, at the scale at which it can do it and it will be proven as essential tech in a world where the prevailing world order is rapidly collapsing and nation-states no longer trust each other in the same way they once did it is revolutionary technology. it is not tech designed to make you rich. it is tech designed to set you free; however i believe such tech has real economic value far greater than what we see today as a network, and as an asset (ETH), it has been profoundly misunderstood this is changing, through emergent legislative and policy clarity, and growing positioning by large financial institutions when it finally hits, it will hit all at once

Good to see Gemini roaring back onto the scene... people were dogging on them Gemini shares soar after reporting 42% revenue growth, first prediction market metrics

In Q1’26 @HyperionDeFi generated record net income, and we are raising guidance for full-year 2026 by ~20%. Our identity is unique:  we are the first DeFi public company building on Hyperliquid. The results speak for themselves: - Our Q1 Adjusted Gross Profit* has grown by 119% since Q3, and 17% sequentially versus Q4. - Our “triple-dip” HYPE strategy continues to drive superior execution versus our peers.    - If you compare our DeFi operating businesses versus base staking yield, our multiple grew from 1.3x in Q3, to 2.7x in Q4, to 3.1x in Q1. - Our core costs have declined sequentially each quarter, and we expect our costs to continue to decline as our legacy biotech segment rolls off. - Beyond our ~2.0M HYPE, we continue to receive "ecosystem rewards" -- tokens or equity in early-stage Hyperliquid builders, which rounds out our growing treasury built to support and monetize growth of the Hyperliquid community. I’m very proud of what we have built in the last three quarters, and we are just getting started. Our earnings release, earnings supplement, and earnings call information for today May 14 at 8 AM ET can be found here: ir.hyperiondefi.com/news-eve… *Please see our earnings release or earnings supplement for important GAAP to Non-GAAP reconciliations and other important disclosures.

Crypto has a parallel onshore/offshore market structure today Coinbase vs. Binance Circle vs. Tether Kalshi vs. Polymarket Solana vs. Hyperliquid Once you notice it, you see it everywhere

DAYS Miami: Panels. Part 1 → Starting with a panel on "The DeFi Accounting Playbook," led by @Skip_Carlson, Blockchain and Digital Assets - Market Leader at @RSMUSLLP, as a moderator, with Sam Gaer, Chief Investment Officer at @monarq_mgmt, David Knox, Chief Financial Officer at @HyperionDeFi, Anna Dinescu, Managing Partner at @HilbertCapital, and Matthew Sheffield (@sheffieldreport), Chief Investment Officer at @Sharplink.

The @TheOnion covered this a long time ago. youtu.be/6JPcimrnXGA

The stablecoin sandwich is temporary. There's a moment coming where you hold stablecoins and just don't need to convert back to dollars. Jay Schulman thinks the signal will be payroll. When major providers pay you natively in stablecoins and you keep them. Fringe today. He thinks it's closer than people expect. New Stablepilled episode drops Sunday.

Captures it 🤌🏼

Look guys, it's actually really straightforward, a bunch of people staked their ETH on the Ethereum blockchain to earn yield, except they didn't want their capital to be locked up, so they actually staked with a liquid staking protocol called Lido who provided them a liquid staking receipt token called stETH, except they decided to juice their yield further by depositing their stETH receipt tokens into a restaking protocol called Eigenlayer, except they didn't want to lock up their capital, so they actually restaked with a liquid restaking protocol called KelpDAO who provided them with a liquid restaking receipt token called rsETH, except they decided to juice their yield further by depositing their rsETH tokens into a lending protocol called Aave so that they could open a leveraged looping position that borrows ETH against the rsETH collateral and restakes the ETH into rsETH which is then deposited as collateral, except it turns out rsETH used a cross-chain bridge called LayerZero that was hacked by north koreans causing rsETH to become undercollateralized and now these looping positions are stuck and unprofitable, and everyone is pointing fingers at each other, and also DeFi is a very serious industry

“crypto native” used to be the OG label… Now, “Ai native” is the new calling card

Just a reminder for the 6.5% of you still paying taxes: individuals can’t deduct crypto they held to zero, fat-fingered, or burned. Sell or get robbed if you want a usable loss.

☠️

Yes, I'm sure Satoshi is doing a bitcoin treasury company with Cantor Fitzgerald. That definitely passes the smell test.

Select your company Upload Docs Get Approved Start Spending Unlock your wealth without giving up your equity Join the waitlist now at Techdollar.com

Probably the best April fools post of the day. If only

Utah goes nuclear to keep ski runs cold for the 2034 Winter Games townlift.com/2026/04/utah-go…