BlackRock just asked the OCC to remove the 20% cap on tokenized reserves, pushing for more assets to move onchain under the GENIUS Act. Trillions in assets are coming onchain. The real question is: what makes them usable once they’re here?

My latest: The Iran Question Is All About China Why Operation Epic Fury Is the Opening Act of the Indo-Pacific Century The Iran question was never about Iran. Remove the Islamic Republic from the equation and China loses its pawns for a Taiwan contingency. Leave it in place and the Middle East remains what Beijing designed it to be: a second front that Washington can never afford to leave and can never afford to stay in. Trump's strikes are the first move by an American president who appears to understand that the road to the Pacific runs through Tehran.

🚨 SlowMist TI Alert 🚨 MistEye has detected a cross-registry supply chain attack targeting developers through malicious packages published to npm, PyPI, and The campaign includes 34+ malicious packages and 384+ related versions. Targeted communities include crypto, DeFi, Solana, Sui/Move, and AI developers. Potential attacker actions include theft of crypto wallets, SSH keys, cloud credentials, GitHub/AWS tokens, browser data, environment variables, and developer secrets. Some payloads also attempt persistence through .cursorrules, CLAUDE.md, Git hooks, shell hooks, cron, systemd, and SSH. Remove affected packages immediately. Isolate impacted systems, preserve logs, rotate exposed credentials, rebuild CI runners and developer machines from clean images, and review GitHub, cloud, SSH, and wallet activity. As always, stay vigilant!

𝕏 just open sourced its recommendation algorithm today on GitHub. Instagram and Meta are still keeping their algorithms completely closed. No code. No audits. No visibility for the public. This raises an important question: What’s stopping Mark Zuckerberg from open sourcing Meta’s algorithm? It is because they want to maintain full control over what people see and what narratives get amplified or suppressed. • When algorithms stay secret, there’s zero real accountability. Platforms can deny bias or shadowbanning because no one can check the actual code. • Even people who worked on similar systems have described them as “black boxes” difficult to fully understand or control what harmful or manipulative content gets pushed. • X’s move allows anyone to inspect how content is ranked. Meta’s closed system leaves users guessing while the company holds massive hidden power over information. • True transparency removes the ability to secretly shape public narratives. Closed algorithms make it much easier to control what reaches people without anyone knowing why. One platform is opening the system for everyone to see. The other appears comfortable keeping it hidden.

🚨SCOOP: Last minute negotiations between Banking Committee Republicans and Democrats over multiple amendments were brokered this morning in an effort to secure bipartisan support for today’s vote on the Clarity Act, multiple sources tell me. However, the compromise came at the cost of a specific change to a @SenLummis amendment that removed language from Section 301 of the bill referencing the Blockchain Regulatory Certainty Act (BRCA), disappointing some DeFi advocates who say the move could strip out critical protections for software developers as the bill moves forward. Notably, Senator @MarkWarner (D-VA) did not vote to advance the bill despite positively referencing the changes during the markup. That said, Senator @berniemoreno said during the hearing that there’s still work to be done on Section 301, suggesting discussions will continue in the coming weeks as @BankingGOP and @SenateAg work to merge the texts ahead of a full Senate vote.

#STEPN# & #STEPNGO# May Townhall Recap 📝 🔹 Last two months retrospective 🔹 Challenge Capsules 🔹 STEPNathon 2 Missed it? We got you covered 👇 🔄 Last two months retrospective The Townhall opened with a look back at some of the main updates from the last two months: 🔸 Rabbids 🔸 Marathon Season 2 🔸 LSD for Legendary holders 🔸 Android Marketplace removal On the Android side, the team acknowledged that the Marketplace had to be removed due to Google Play restrictions. 🐰 Rabbids The Rabbids event leaned fully into community participation, with users posting April Fools content, memes, fake breaking news, and all kinds of chaotic entries to earn Rabbids GGBoxes. Those GGBoxes included chances to win 100 Rabbids co-branded Solana Genesis Sneakers, along with rewards like 100k GMT, 1k USDT, and $50 worth of XAUT. And importantly, there are still some Rabbids Genesis Sneakers left to be found in GGBoxes. 🏁 Marathon Season 2 The Townhall also looked back at Marathon Season 2, with a strong focus on how Teams have changed the tone of the challenge. A few highlights: 🔹 Players are not only competing for themselves, but also for their team 🔹 Teams have made the Marathon more collaborative, more competitive, and more social 🔹 Team Takeover was introduced during Round 4 🔹 The top 3 teams and 4 random active teams could earn additional rewards The team also confirmed that work on Season 3 is already in progress, and community feedback is welcome through Discord and the ambassador team. 🐈‍⬛ LSD Legendary Schadenfreude Day was another highlight of the last two months. The event gave Legendary holders with unlucky or disappointing stats a chance to share why their Sneakers deserved better. Selected entries had a chance to receive improved stats, although usually with a trade-off involved. The result was a playful event with a strong identity, while also creating a fun way to engage directly with Legendary holders. 🎟️ Challenge Capsules Challenge Capsules were the main product topic of this Townhall. The team clarified that while some users expected Charm in STEPN GO to eventually connect to avatar pieces or characters, that direction is no longer being pursued, even if that expectation came from how Charm was described in the STEPN GO whitepaper. The reason is simple: 🔸 It was not fun enough 🔸 It was also technically difficult to deliver at the level the team wanted So instead, Charm is being redirected into a new feature that adds more gamification to both apps. Challenge Capsule is a game mode built around movement, task completion, reward opportunities, and discovery. The core loop is simple: 🔹 Open a Capsule 🔹 Reveal the challenge 🔹 Complete it 🔹 Earn a Ticket 🔹 Join the draw for a prize A few key points: 🔸 Challenge Capsules will work with both STEPN and STEPN GO through FSL ID 🔸 Users enter a Capsule by paying an entry fee 🔸 Each Capsule has its own challenge, conditions, and reward pool 🔸 Users need to complete the required challenge within the given time limit 🔸 Completing the challenge successfully gives the user a Ticket for the reward draw And importantly, this is not passive participation. Users need to move, complete the challenge, and earn their chance. For STEPN GO: 🔹 Charm will now have a clearer role in the system 🔹 Charm runs can help users earn more Tickets and improve their chances at winning the Capsule’s draw For STEPN: 🔹 Resilience becomes the key attribute in the system 🔹 Resilience now gets more utility through Challenge Capsules 🔹 STEPN players will also have a chance to obtain a new type of Mystery Box containing Challenge Capsule Tickets 🔹 Those Tickets give users more chances to win the Capsule reward The feature will go live in limited access beta within the upcoming weeks, with more details to be shared soon. 🏃 STEPNathon 2 The Townhall also included an exclusive first announcement for STEPNathon 2. From June 22 to June 29, players will be able to take on the challenge by completing either 21 km or 42 km in a single session using STEPN and or STEPN GO. To participate: 🔹 A Season Pass is required 🔹 Every finisher automatically enters a Genesis Sneaker raffle 🔹 There will be one raffle for STEPN and one for STEPN GO Event rewards will depend on both the app and the distance completed. In STEPN: 🔸 Players can earn exclusive badges, backgrounds, and GGBoxes In STEPN GO: 🔸 Players can unlock exclusive backgrounds and GGBoxes A few more infos: 🔹 Completing 42 km also unlocks the 21 km reward tier 🔹 Each badge and background is unique to the app and to the distance 🔹 Teams also matter this time The Marathon team with the highest total Energy spent during the event week will receive additional exclusive rewards: 🔸 A unique badge 🔸 A special background 🔸 5 GGBoxes plus 1 Key for each member So STEPNathon 2 keeps the spirit of the original challenge, while connecting more directly to the team dynamics introduced in Marathon Season 2. That’s the May Townhall recap. Challenge Capsules are introducing a new gamified movement layer across STEPN and STEPN GO, STEPNathon 2 is coming back, and the last two months have continued to push both products toward a more social and more interactive direction.

JUST’s GasFree Carnival Shows How Blockchain Payments Are Becoming Simpler For years, one of the biggest challenges in crypto payments was complexity. Even users sending stablecoins like USDT still need to manage gas fees, hold separate network tokens, and understand transaction mechanics before completing a transfer. That process slowed adoption and made blockchain payments feel more technical than necessary. The latest initiative from JUST reflects how that experience is beginning to change. As part of its sixth anniversary celebration, the JUST ecosystem launched the GasFree Super Carnival across the TRON DAO network, combining real transaction utility with rewards designed around everyday stablecoin usage. Running from May 25 to May 31, the campaign allows users to participate in a 10,000 USDT reward pool while using GasFree-powered transfers that remove traditional gas token requirements. The campaign includes: • 100% transfer fee reimbursement • Up to 66 USDT refund per wallet • Easter Egg rewards for qualifying new users • “Most 6 Lucky Koi” bonus events • Additional social participation rewards What makes the campaign important is that participation is tied directly to real on-chain activity. Users interact with the GasFree infrastructure itself while completing stablecoin transfers. How It Works Users can create or access a GasFree wallet through supported platforms such as: • TronLink • Klever Wallet • Guarda Wallet • NOW Wallet After funding the wallet with USDT, including direct transfers from centralized exchanges, users can begin making GasFree transfers immediately. Each transfer automatically contributes toward reimbursement eligibility and leaderboard participation. The system removes several traditional friction points: • no separate gas token management • fewer failed transactions from insufficient fees • smoother onboarding for newer users • simpler stablecoin transfers overall Why This Matters Stablecoins continue becoming one of blockchain’s most practical financial tools for: • payments • cross-border transfers • savings • business settlement • digital commerce As adoption grows, usability becomes increasingly important. Most users simply want transfers to work efficiently without dealing with unnecessary network complexity. GasFree moves blockchain payments closer to that experience by simplifying how transactions are executed underneath the surface. The Bigger Picture The “Most 6 Lucky Koi” event also adds transaction-based rewards for users landing specific transfer sequence positions: 6 / 66 / 166 / 666 / 1666 / 2666 / 3666 / 4666 / 5666 / 6666 Eligible users can receive instant 20 USDT rewards during the campaign period. More importantly, the initiative reflects a larger direction across blockchain infrastructure: making digital payments simpler, faster, and more accessible for ordinary users. The technology becomes far more practical when users can focus on transferring assets instead of managing network mechanics. And that is exactly the direction GasFree infrastructure is helping move toward within the TRON ecosystem. 🔗 [GasFree Official Website]( 🔗 [JUST Official Website]( 🔗 [TronLink Wallet]( @justinsuntron @DeFi_JUST #TRONEcoStar#

Quick update on HYPE: We were initially positioned to reload sub-$17 to get ready for next cycle. But the framework has now materially changed. From a game theory perspective, the magnitude of the upside deviation should ultimately be mirrored by the magnitude of the downside reversion. In other words, the more reflexive and overextended the move becomes on the way up, the higher the probability of a violent overshoot to the downside. Our base case now is that HYPE cannot just revisit the $17-20 range anymore at this stage sadly, it will ultimately overextend well below $10 before establishing a true long-term cycle low. More importantly, the entire structure has now shifted. The $17-20 region is no longer looking like the optimal reload zone for the next expansion phase. Instead, there’s an increasing probability that this range ultimately becomes the distribution ceiling of the next cycle itself. We’ve seen this exact reflexive pattern play out before, EOS during the post-2018 unwind, LINK after its macro euphoric expansion. What once looked like “value accumulation” eventually became lower-high exit liquidity in the following cycle. Very interesting. So essentially, remove your HYPE orders around $17. That level is too obvious now after the expansion, which means you will get front-run by the market before any meaningful reversal materializes. We will keep you posted once HYPE forms a new bottom sub $10 (probably around $7-8) We will find the bottom together, and there should be a nice long to do, until the relief back to $17-20. Not guaranted that HYPE bounces back to $20, but highly highly likely This sould be an easy 2-2.5x at least And with leverage, we could probably pull a 10x Please be patient, we will revert in a few months For now, short only

THE REAL REASON MOST PEOPLE NEVER MAKE THEIR FIRST TRADE (AND HOW TO FIX IT) Let’s be honest. The biggest barrier to crypto isn’t volatility. It isn’t fees. It isn’t even regulation. It’s the setup process. Seed phrases. Network switching. Browser extensions. Wallet approvals. One wrong click and funds can be lost or stuck. For someone new, it feels overwhelming before they even get to experience what crypto is actually about. And that’s the real problem. For most users, the learning curve doesn’t start after entering crypto. It starts before they ever get in. That means many people quit before they’ve made their first trade, not because they aren’t interested, but because the onboarding experience is too complex. That’s not user error. That’s a design issue. Most crypto products were built assuming users are already familiar with wallets, keys, and blockchain interactions. But mainstream users don’t think that way. They expect things to work instantly, like any modern app. That gap between expectation and reality is where adoption slows down. This is where @ForesoGlobal takes a different approach not by reinventing crypto, but by simplifying access to it. Instead of forcing users through traditional Web3 onboarding steps, the process is made much more familiar. 🔸Simple Sign-up Users can register using Email, Google, or X. No seed phrases. No wallet setup screens. No technical friction at the start. 🔸Wallet created in the background A wallet is automatically generated using Privy infrastructure while the user signs up. The experience feels like a normal Web2 login process. 🔸 Immediate access Once inside, users can start interacting with the platform instantly. No extensions, no configuration, and no delays. But the most important detail is this: The wallet remains fully non-custodial. Users retain full control of their keys The platform cannot access or move funds Wallets can be exported or connected to other Web3 tools later This balance is important because most platforms usually choose between two extremes, either too complex or too centralized. #Foreso# tries to remove friction without removing ownership. That matters because onboarding is not just a technical step. It is a psychological one. Most beginners don’t fail because they lack interest. They fail because they feel uncertain or overwhelmed before they experience any value. And once that moment passes, they rarely return. So improving onboarding isn’t just about convenience, it’s about retention and adoption. If crypto is going to scale to mainstream users, the experience needs to feel as simple as any modern application, while still preserving the principles of self-custody and transparency underneath. That’s the direction things are moving toward. Because adoption doesn’t come from complexity. It comes from clarity, confidence, and a smooth first experience. And in most cases, that first experience is everything. 🔗 #PredictingMarket# #Foreso#