ZK brings back the trust layer to society

"I view SpaceX as the immovable object meeting the unstoppable force" Austin on the two forces pulling the SpaceX IPO in opposite directions "On one hand, never bet against Elon Musk. He's one of the greatest entrepreneurs of our time. Electric cars, reusable rockets, internet from space, the guy just builds incredible stuff. On the other hand, something all of us in crypto are familiar with is the classic low float, high FDV token" "Slightly less than 5% of stock is publicly trading. Most is locked up in the hands of insiders who unlock over the next six months and start selling into the market. We've seen what that chart looks like time and time again. A squeeze at the start, then it bleeds out" "All of the mega cap IPOs have had 50% drawdowns in the same year they were issued. My central thesis is even if you like SpaceX as a company, you're gonna be able to buy it at a discount in the future compared to where it is right now"

[1/5] At the Edinburgh Tokenisation Summit, Jamie Gray of Burness Paull gave a measured talk on UK fund tokenisation. He opened with a careful definition. It means using a distributed ledger to record ownership of units in an authorised fund. Not a new digital asset.

Everyone thinks there's a hackpocalypse going on in crypto right now. But if you dig into the data, the story is not that simple. Narrative violation: total dollars hacked in 2026 actually looks pretty normal so far. Check the chart below for raw data. What's grown is not the amount hacked, but rather the NUMBER of incidents. Case in point: April was a brutal month for $$ hacked, but May was actually way below average in terms of $$ hacked (1/10th hacked compared to April). And yet by number of incidents, May was actually the highest in crypto history. So what could explain the number of hacks going crazy, but the amount stolen staying flat? Here's what I think is going on: for large protocols, using AI for cybersecurity is balanced between offense/defense. If you're Uniswap, AI makes it easier to harden your protocol, just as much as it makes it easier for randos to attack you. But for the tens of $10M TVL DeFi protocols, there's no one running AI hardening at all. So attackers are looting unattended stores. Over time that will push TVL toward the larger protocols that can actually afford to defend their gates (and eventually, formally verify their code). Analogy: In a high crime city, the Wal-Mart stays open, but the family owned corner store that can't afford security shuts down. Over time, the equilibrium is that more and more people will end up doing their shopping at Wal-Mart.

A German robotics company just raised $1.4 billion to build humanoid robots that hold their own crypto wallets. Tether led it. Nvidia, Amazon and Bosch came in too. Each robot gets a self-custodial wallet and earns micropayments per task. No bank accounts. Just private keys.

Your @ensdomains name can now be a verifiable AI agent identity. Using ERC-8004, ENSIP-25, and ENSIP-26, an ENS name can advertise metadata, MCP endpoints, and agent capabilities that AI applications can discover and consume. We built a simple interface to make this easy 👇

Honestly @Rabby_io, this is disgusting Before I even set up my wallet, you are sending my data to - your matomo instance - and just in case track me on Google Analytics - and to be really sure dump my data into Sentry I hereby kindly inform you that this is a breach of your Privacy Policy (yes, the one that you last looked at 5 years ago) and a gross violation of GDPR Articles 13 and 46. Please stop tracking me at your earliest convenience. Thank you.

INCIDENT UPDATE: Last night, June 8, the H token was hit by a coordinated attack across Ethereum and BSC. While we’re still investigating this incident, we want to be transparent with our community about what happened. As of right now, ~$36M has been stolen across both chains and dumped. This was a result of a breach that happened after an employee’s laptop was compromised. Three of six Gnosis Safe owner keys controlling the Hyperlane bridge ProxyAdmin were compromised. The attacker used these to transfer ProxyAdmin ownership to their own wallet, then upgraded the bridge contract to a malicious implementation and swept ~141.2M H in a single transaction. Three of five BSC Safe owner keys were also compromised. The attacker performed the same ProxyAdmin seizure on BSC, deployed a malicious implementation with an unlimited mint function, and minted 200,000,005 H in two tranches directly to their wallet. We’ve now halted all deposits and withdrawals to the affected bridges and are working with all related parties, including exchanges, to minimize the damage. Further to our internal investigation, we’re also working closely with the police to investigate this incident and recover some of the stolen funds. People in this community worked hard for what they hold here, and we feel the weight of that. We want to apologize for what has happened and thank you for your patience, messages, and for sticking with us.

[1/11] Scotland held its first Tokenisation Summit on 27 May at the University of Edinburgh. The organisations in the room manage around £15 trillion between them. Here is what happened, and what we are doing next. 🧵 @blockchain_scot

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)

New rule: any ceo who claims work can be fully done by ai needs to immediately let go of their executive assistant. Oh so you’re telling me it can do the job of a software engineer that builds schedulers but not that of a scheduler?

WOW!! First time seeing @Dyson strawberries in the supermarket. Fully nerding out and losing my mind

they call it the cloud because eventually it rains all your data out again

Earlier today, Echo Protocol identified unauthorized activity involving eBTC on Monad that resulted in unauthorized minting and associated fund loss. Our investigation indicates the issue originated from a compromised admin key affecting the Monad deployment. Based on current findings, approximately $816K was impacted on Monad. The Monad network itself was not impacted and continues to operate normally. Since detecting the incident, we have been actively investigating potential cross-chain exposure, coordinating with ecosystem partners, and implementing additional precautionary measures. We have successfully regained control of our admin keys and burnt the remaining 955 eBTC that was in the attacker’s possession.