Not sure what they expected hosting it in Mumbai, generational L.
Pretty wild though, this is the first year in crypto I can remember where there wasn't a major Ethereum based conference everyone went to.
Obviously I'm biased here, but I think within 1-2 years the only major "crypto" conferences will be DAS and Token2049.
We're in a world where no one cares what chain it's built on, the ecosystem conferences of the past will get smaller and smaller.
On a final note, I think crypto companies are sleeping on tech and SF based conferences.
It's well understood that crypto is merging with finance, but there's also a lot of overlap with AI.
Big opportunity for enterprising teams who can get to this market first.
Show more
Bad day to be a very important person who didn't purchase their ticket yet for DAS London.
General admission tickets are soon to follow here, don't sleep, get em while we still have some left.
DAS London is right around the corner.
Crypto's most institutional conference, in the middle of an institional bull market.
Tickets are LIMITED, get em now.
I didn't buy this argument for a while, but if you work in crypto it's impossible not to.
Everything in crypto works 24/7, globally, for roughly 1/1,000th of the price the banking system charges.
The only way fin services command the margins they do are via regulatory capture.
Show more
I have no idea what to believe anymore but if this is true it's beyond disgusting and we need to remove it from American politics root and stem
BREAKING: Dutch spies hacked Jared Kushner's iPhone and watched him access a Dubai bank account holding hundreds of millions funneled from Azerbaijan, part of at least $2 billion MBS and MBZ placed for him after he promised to push their agenda with Trump, per a Vanity Fair excerpt.
"Jared was looking for shortcuts in his diplomacy. He promised MBZ that he'd push their agenda with Trump if they participated in a fund. He wanted normalization with Israel so that business could take off," a source who knew the arrangement said.
The money was meant to redraw the region's map and lock in normalization with Israel. Roughly $1 billion of it was deposited in Israel's Central Bank for Kushner, with Netanyahu requiring dual-key approval on any transfers.
The two royals initially discussed more than $10 billion for a shared slush fund. That narrowed to roughly $2 billion deposited into accounts Kushner could access, including roughly $750 million at First Abu Dhabi Bank under a UAE charity used as cover for covert operations.
The reveal comes as Kushner is deeply involved in Iran war diplomacy, where Iran has accused him and Steve Witkoff of pocketing $9 billion through market manipulation, using insider knowledge of the talks to trade oil futures, energy stocks, and prediction markets.
Show more
Gmonad
NEW: Now tracking
@monad, a high-performance EVM-compatible blockchain.
Track Monad's financials, applications, RWAs, trading activity, lending activity, and more in their new ecosystem dashboard.
Show more
The positive way of framing this is that we are going to massively harden our digital infrastructure.
There are a limited number of bugs out there, if we accelerate the pace of finding them and put far more emphasis on cyber... couldn't this actually be a good thing?
Show more
3% of “critical” software security bugs, in all of recorded history, have been found in the last month.
This is on pace to find another ~100,000 bugs this year alone, adding ~26% more vulnerabilities to the all time total
Do you realize how fucking insane that is?
Show more
It's very difficult to know what is "true" right now, the incentives have gotten super weird.
Is this *actually* rogue agents that we should be worried about, or more evidence that banks are afraid of disruption?
(See Apollo Chief Economist's note on the risk of agentic driven bank runs).
Incumbents are terrified of the ground shifting beneath them and are incentivized to portray AI negatively.
On the other hand, the entire market is heavily levered to AI so no surprise that AI is also being portrayed as the second coming of christ.
The issue is everyone's exposure is opaque and this is all happening very quickly, so only in time will we truly understand the driver behind all these headlines.
Show more
SCOOP: Major U.S. banks are detecting unauthorized third-party AI agents inside customer accounts, including some attempting to take actions that appear to be independent of user instructions, sources told Axios.
The findings have alarmed banking executives, who are racing to restrict access to their systems as AI moves at a velocity faster than financial institutions can respond, multiple industry and bank executives told Axios.
Several banks are now preparing for worst-case and even “day after” scenarios, including how to rapidly secure or restore customer accounts if things go wrong, the people said.
Several bank executives told Axios they're struggling to distinguish between human users and AI agents. One executive said banks also struggle to determine whether agents are authorized by customers or potentially operating without their permission, more akin to rogue agent behavior.
Read my latest for Axios here:
Show more
Stocks: AI bubble
Bonds: Western gov borrowing crisis
Private credit: SaaS-pocalypse
Bitcoin: quantum
Crypto: quantum + hacks
Real estate: 5.5% 10Y and rising
Gold: lab grown price deflation
Where can you safely put your money anymore?
Show more
Lab grown diamonds crashed the price of diamonds. What will lab grown gold do to the price of gold?
Our vault analytics dashboard is live 👀
Leveraged carry (aka looping) has been a staple strategy for sophisticated hedge funds for decades
3F makes it accessible to everyone
Now you can track the performance of these strategies, all in one place
Explore:
Show more
Crypto eats the brokerages (not the other way around)
We 100% support
@Blockworks’ comment letter on the SEC’s Regulation Crypto Assets proposal. Transparency is crypto’s #
1# problem, and solving it is table stakes if this industry wants a future.
In just one week of API and MCP access, we built custom terminals, token valuation models and wallet analyzers, and overhauled our internal research.
Insane opportunity reimagine how data powers our industry’s core products.
Show more
Blockworks in search of a product genius to own our API / MCP.
Looking for a bit of a unicorn here, someone who loves crypto, is at the tip of the spear on AI, and is comfortable flexing into FDE type scenarios.
If this sounds interesting, give me a shout dms open.
Show more
People generally understand that tokenization will create an explosion in the amount of assets to trade.
They're only beginning to be understood the boom that this will create in trading venues and front ends.
My early impression is that the combo of fintech + crypto will be more disruptive to trad brokerage and exchanges than people think.
The brokerages expecially have benefitted from operating in a highly regulated industry for a long time, and therefore have pretty universally poor UX.
I think once tech companies move payments and treasury mgmt onchain (already happening), it will open their eyes to opportunities in finance they never previously would have considered.
SpaceX / xAI / Elon will make a HUGE splash in this next year and put the fear of god in finance generally.
But the larger trend is an explosion in the number of trading venues and a sea change in the composition.
They will be faster, more innovative, and lean into AI first versions of supporting trading and investing.
The roles of a financial advisor and trader will be condensed into an agent that every retail trader in America will have access to.
If you aren't excited about this future, I don't know what to tell you.
It's bright, and it's for the taking.
Show more
Not sure how I feel about this.
It's expected that companies mark up human intelligence and labor, that's where all margin comes from.
Not really sure why that would change for machine intelligence.
Christina Cacioppo on why Vanta is eating its token costs:
"If you try to charge people based on tokens, they are very quick to say, 'Oh, you've just marked up a Claude token 4X. Are you 4X as good as Claude?'
You actually put yourselves in a competitive position against the models that probably no application really wants to do.
We're eating the token cost right now. We're taking lower margin.
This is a usage phase and a deployment phase of this technology, and just go nail that, and you can figure out commercialization after."
Show more
I must say that the growth trajectory of
@Blockworks in the last 12 months is going to be studied! They have literally transformed the data and analytics game to make the entire industry more investible.
I've known
@JasonYanowitz since the early days when we we both started grinding in media and watching his growth trajectory shift has been incredible!
Keep building bro! Keep growing!
Show more
I predict that Gemini will surprise to the upside in 2027 👀
NEW: Now tracking
@Gemini's prediction markets, with over 329M contracts traded across more than 2.5M trades since December.
Gemini's new dashboards cover trading volume, open interest, trade behavior, listings, and market concentration, with dedicated boards for Sports, Asset Prices, and Politics.
Show more
Blockworks data creating a bull market in rabbit holes
going down an autistic rabbit hole tonight on hooks (courtesy of
@Blockworks data)
but it's interesting to see how volume from hooked pools has remained incredibly durable, despite onchain cooling off
from ~1.5% of all v4 volume at the start of the summer to ~40% as of today
Show more
Huge. Blockworks is doing it right here.