GN Class long day. work, studying, posting. wars, no rate cuts, oil up, yields up, and then the Binance hack right as things were starting to feel better again after 10/10. but! "In the middle of difficulty lies opportunity." - Albert Einstein sleep well.

~$5.6B just left Binance's hot wallets. If confirmed, it's the biggest crypto hack ever. What left, per on-chain trackers: $USDT $1.57B $BTC $1.45B $ETH $875M $USDC $823M $TRX $234M $RLUSD $88.5M $WBETH $75M $XAUT $50M Others $447.5M The previous record was Bybit at $1.5B in Feb 2025. This is nearly 4x that. Tether and Circle have already frozen ~$2.4B of the stablecoins. The BTC and ETH can't be frozen. Binance says it's investigating and user funds are safe. The total isn't confirmed yet.

Backpack and SK Securities are partnering to expand global access to Korean equities. The partnership aims to bring Korean stock trading to eligible investors through the Backpack app. SK Securities brings expertise in Korea’s capital markets, while Backpack provides global reach. Building on Backpack’s existing US securities platform, the partnership also lays the groundwork for collaboration in tokenized securities and real-world assets.

🧪 MAD PROFESSOR MARKET LAB - BINANCE HACK Crypto just got another reminder: Counterparty risk is still risk. Binance estimates roughly $6.3B was affected in the hack, with around $3B already frozen. Market reaction: → BTC flushed below $77K → ~$1.57B in liquidations → BNB got hit hard → fear came back fast But here’s the important part: This wasn’t just a “bad news = dump” event. Hack → panic → leverage gets wiped → forced selling → volatility explodes. Binance says user losses will be covered and there’s currently no evidence of private-key leakage. 👨‍🏫 Professor’s note: Leverage turns fear into liquidation. Liquidity decides how far the damage spreads. Now watch whether the market absorbs the shock or starts another leg lower.

GM Class It's Friday again "Banking is a very treacherous business because you don’t realize it is risky until it is too late. It is like calm waters that deliver huge storms."

Backpack and SK Securities are partnering to expand global access to Korean equities. The partnership combines SK Securities’ institutional expertise in Korea’s capital markets with Backpack’s global reach to bring Korean stock trading to eligible investors through the Backpack app. Building on our existing U.S. securities platform, the partnership also lays the foundation for collaboration in tokenized securities and real-world assets, connecting established capital markets with blockchain-based financial infrastructure. Another step toward a single globally regulated financial marketplace.

The future of finance fits in a Backpack. 🎒 Tokenized US stocks are still early. The potential? Broader access, less friction, and capital moving more freely across borders. That’s why I’m excited about @Backpack's vision. The long game is taking shape.

🧪 MAD PROFESSOR MARKET LAB - $BP UPDATE $BP is still sitting right on the major support zone around $0.93–$0.99. That makes the setup pretty clean: 🟢 Bull case Hold this zone → reclaim $1.00 → then $1.10–$1.11 becomes the key breakout level. Above that, the road opens back toward the $1.23–$1.30 supply zone. 🔴 Bear case Lose ~$0.93 with acceptance below → structure weakens fast and downside opens again. Right now: Support is holding. But bulls still need the reclaim. 👨‍🏫 Professor’s note: The floor is still there. Now buyers need to prove they can build on it.

🧪 MAD PROFESSOR MARKET LAB - MACRO Yesterday: Fed pause, but with a hawkish undertone. Rates stayed at 3.75–4.00%, while 2 members voted for a hike. Today gets even bigger: 🔥 13:30 CET - PCE + GDP → Core PCE: 3.1% YoY exp. → Q3 GDP: 3.2% exp. → Jobless Claims: ~199K exp. 🔥 14:15 CET - ECB Rates expected unchanged, then Lagarde at 14:45. Japan already came in slightly soft this morning: 🇯🇵 Consumer Confidence 35.0 vs 35.1 exp. For degens, the setup is simple: 🟢 Cool PCE + solid GDP → goldilocks → risk-on 🔴 Hot PCE + strong GDP → yields up → crypto pressure 👨‍🏫 Yesterday was the Fed. Today the data gets the final word.

🧪 MAD PROFESSOR MARKET LAB - FOMC DAY 🚨 Today is the big one. 🇺🇸 FOMC - 2:00 PM ET 🎙️ Warsh - 2:30 PM ET Markets are pricing roughly a 93% chance of a pause. Yesterday’s data gave the Fed mixed signals: → Durable Goods +1.8% vs +1.5% exp. - growth still strong → Housing softer - some cooling underneath So the rate decision probably isn’t the trade. Warsh is. 🟢 Pause + softer tone → yields ↓ → BTC / risk gets oxygen 🔴 Hawkish pause / more hikes hinted → yields ↑ → risk gets hit And tomorrow: Core PCE + Q3 GDP. 👨‍🏫 The pause is priced. The message isn’t. Expect volatility.

Mad Lads is sponsoring my AI subscription. Still can’t believe I’m writing that. When I bought my first Mad Lads NFT, I never imagined that one day the community itself would support me in becoming a better creator. This honestly feels like a dream coming true. And this is what being part of @MadLads means to me. Airdrops. Giveaways. Sponsored meetups. Community competitions. Lad of the Month rewards. World Cup prediction games, now Premier League too. And somehow, on top of all that, they’re now sponsoring creators’ AI tools as well. But the best part is still the community itself. On Discord and Twitter, Lads constantly support each other, engage with each other’s content, share ideas, give feedback and push one another to improve. That kind of community is hard to describe until you’re part of it. Huge thank you to @SolanaCoach for believing in me and giving me this opportunity, and to every Lad who keeps motivating me to create better and better content. My account may still be small, but the support behind it definitely isn’t. Time to learn more, experiment more and keep creating for Mad Lads and Backpack. This is what community is supposed to feel like.

MadLads never stops delivering. From constant airdrops and NFT giveaways to fully sponsored community meetups worldwide, the ecosystem relentlessly supports its own. Now, they are directly rewarding creators, and being on the receiving end of this graded Pokémon card is proof of that commitment. Truly grateful to be part of a culture that constantly gives back to its community. MadLads keeps giving.

🎒 MAD SUMMER is here and it's not just an NFT flex anymore, it's a lifestyle 🔥 Mad Lads x Backpack just dropped their biggest IRL push yet. If you thought PFP culture was just JPEGs, buckle up: 🗺️ New website + Lads Map Full rebuild coming — way more interactive, with a live map to organize meetups. No more guessing where the Lads are. 👟 Monthly 1/1 drops you gotta EARN them Nike Air Force 1s (custom, Lad-themed) first drop: Custom skateboards Custom Switch 2 Apple headsets Resin figures More to come... These aren't giveaways for holding a JPEG and vibing. You put in work, you get the 1/1. 🍻 Sponsored meetups Squad of 5-10 Lads, rock the @MadLads / @Backpack merch, and the team covers the drinks. Show the world what community actually looks like IRL. 🎬 Creator support Top creators get AI subscription coverage + masterclasses. If you're building content around this ecosystem, they want you leveled up. 🎟️ Concert & sports ticket giveaways Because flexing the brand isn't just online anymore. 🎯 The endgame Lads = the core users and biggest advocates of Backpack. They're literally forming user groups to deepen the DEX/exchange loyalty loop Backpack isn't just a platform, it's home base. Oh and apparently there's a Pokémon card tease dropped at the end too 👀 stay tuned. WAO, harder than ever. This is what happens when a community stops being just chart-watchers and turns into an actual movement. Mad Summer isn't a campaign it's a flex on every other community out there.