Okay, Kraken announced its acquisition of Backed Finance before its IPO, so the valuation and story are about to change.

It appears that a key use case for USDT – Cambodia's Huawang Payment – has indeed gone offline.

Hi @animocabrands, your enthusiastic call for donations from cryptocurrency enthusiasts for the Hong Kong fire relief effort is commendable, regardless of whether you actually provide matching funds. However, when you posted addresses to collect donations, shouldn't you at least have used multi-signature addresses? That would have been more responsible. Of course, it's also possible that your two addresses were multi-signature addresses, which I didn't notice. In that case, never mind. 🙏

Everyone's frantically dumping money into the MegaETH predeposit... Meanwhile, I, without any money, am clenching my fists, holding my breath, and staring intently at the gateway browser, watching you guys dump your money. I feel even more anxious than you are... It's pretty insane. 😮‍💨

Yesterday I saw a news report that Starchain, a Hong Kong-listed "cryptocurrency concept stock," was ordered to suspend trading on November 26th by the Hong Kong Stock Exchange because the exchange questioned whether the company met its continued listing requirements. I thought, "What kind of amazing stock is this?" Today I took a look, and it turns out it's "Leading Pharmaceuticals"—the name sounds familiar, right? It was once a shell company acquired by Yang Rong, involved in medical aesthetic equipment, but the hype didn't go through. This spring, they resumed their blockchain hype, with rumors circulating that they were going to inject Conflux's assets into the shell company, and that Tsinghua University's Yao Class tech elites had also joined this shell company. But looking at later announcements, something changed. They're now collaborating with Yang Rong's "Starcoin Foundation" in Panama on RWA... Of course, this Starcoin seems to be going to be issued on Conflux... Very exciting and also very abstract.

Our comments on the AI comments attracted a lot of AI comments. Perfect! (I wonder if the AI can understand this sentence.)

Honestly, if you want to give a better, more convincing endorsement of x402, shouldn't you start by telling Ted Nelson's story? 👀

Hi @ZenGo @OurielOhayon - Is there something wrong with your service? This is just a part of the Zengo customer service emails. Hope you're doing well? 🙏

The business model for prediction markets hasn't yet fully taken shape, as they function as both media and player-versus-player (PvP) markets. On Poly, you can see numerous markets with little trading volume but high eyeballs, which are essentially advertising. The value of these markets can't be measured using purely transactional metrics. The commercial value of the long tail of culture is directly proportional to the amount of dopamine humans forage for in the age of LLM and interest graph-based social media.

See you on October 28th 🎁