At 31, worth over a billion USD, stepping out in a T-shirt and baggy shorts.
Hyperliquid’s founder Jeff looks like this—so low-key he doesn’t feel like a billionaire at all. The only “show of status” is the ring of bodyguards behind him.
Back in 2019, he was still living in a small apartment in Puerto Rico, renting for less than $2,000 a month. He took $10,000 of his own money and did quant trading—he even couldn’t bring himself to buy a monitor. He just used a TV as his screen.
A few years later, he turned the money he earned into Hyperliquid, taking zero dollars from VCs. And in 2024, he went even harder: he directly airdropped 31% of $HYPE (then worth $1.2 billion) to users—selling nothing to institutions.
From $10,000 to a net worth of a billion, in five years. A truly grassroots origin-story in the crypto world.
Attention when going to Singapore to attend Token2049: don’t connect to public WiFi!
I just saw another person get caught—connected to the venue’s WiFi and their wallet was immediately stolen. In places like this where crypto people gather in crowds, hackers have long set up phishing traps waiting for you.
I know a guy: a few years ago he joined a crypto meetup and connected to a WiFi network. He lost over $4 million—back then Bitcoin was still under $20,000.
When you go to attend: get your data SIM in advance, turn on your own hotspot, and don’t touch public WiFi. Saving a few dollars on data is nothing compared to losing your entire wallet.
Solana Foundation goes big: launches an open-source solution that cuts institutional trading and settlement from days to seconds. Behind the scenes, JPMorgan is also lending its support.
Slow traditional financial settlement has long been a major headache, and T+2 still exposes counterparties to risk. If institutions really adopt the high-speed settlement of $SOL , the imagination space for on-chain finance opens up instantly.
Wall Street won’t say it out loud, but its actions are already very honest. #Solana
The U.S. government moved nearly $1.8 billion worth of seized $BTC within two days; most of it was the recovered proceeds from the 2016 Bitfinex hack, with 9,261 coins sent directly to Coinbase Prime.
No need to panic—most likely it’s just a custody rebalancing: last March, Trump already signed an executive order stating that the seized bitcoins cannot be sold and must all be added to the country’s strategic bitcoin reserve. The U.S. government currently holds about 328,000 coins.
It’s just a whale relocating assets. The market gets shaken every time it sees a big on-chain movement, and people love watching from the sidelines. #Bitcoin
Stripe's stablecoin cards are set to expand to 100+ countries by the end of the year, and it is still exploring tokenized deposits and DeFi.
The logic for payments giants is simple: wherever there is demand for dollars, stablecoins will follow. When stablecoins can be spent like a card, the wall between on-chain and off-chain collapses.
More than 60 US stocks are set to be put on-chain: tokenized stocks such as Nvidia, Tesla, etc. will be traded through a 24/7 trading platform. Settlement will be handled via stablecoins through on-chain liquidity pools, without relying on a traditional order book.
US stocks trade 7×24 hours with T+0 settlement, and with no global barriers—this time, RWA really intends to take a bite out of traditional brokerages.
Another graveyard for meme coins is added: Kishu Inu founder is sued by U.S. prosecutors for wire fraud, accused of misleading investors about the founder’s holdings and token sales, with the amount involved exceeding $9 million.
Behind the meme-coin overnight-riches myth, half of it is the pincer. The founder yells “diamond hands” while secretly dumping—this script has been seen too many times.
Good news: The US FinCEN has withdrawn two long-suspended proposals—reporting transfers of $10,000 to private wallets and regulating mixers.
These two “tightening spells” that hung around for years, but were never put into effect, have finally been lifted. A sigh of relief for the compliance pressure on self-custody.
Solana Foundation goes all in: launches an open-source initiative that allows institutional trades to settle within seconds, not days. Even JPMorgan Chase is here to weigh in.
Slow traditional financial settlement is a century-old pain point. Solana is taking direct aim at SWIFT and DTCC.
The stablecoin war is on: Arbitrum officially joins the Paxos-led Global Dollar alliance, supports USDG, and can also share in reserve yield.
Stablecoin competition has long stopped being about “who’s more stable,” and instead about “who gets the money.” Issuers, chains, and users are all vying for the piece of the reserve interest pie.
Bitcoin falls below $83,000; $550 million in leverage evaporates overnight, and long positions are the worst-hit.
The spark was a report on Iran’s strike plan: oil prices jumped, U.S. Treasury yields climbed, the U.S. dollar strengthened, and risk assets were hit across the board.
But don’t forget: over the past three months, Bitcoin is still up 30%. During a bull market, pullbacks are always the best fuel for over-leveraging.
Robinhood starts stockpiling crypto too: the balance sheet adds $25 million worth of Bitcoin.
It’s not a lot of money, but the signal is clear—this retail-industry giant is buying crypto while also pushing perpetual contracts, determined to make crypto a standard offering.
The way traditional finance enters is always the same: start with a small position to test the waters, then go all-in on the infrastructure.
The U.S. government is once again moving Bitcoin: it transferred 9,261 Bitcoins (about $770 million) into Coinbase Prime within two days.
Half of them were recovered from the Bitfinex hacker case, and 2,456 more were newly discovered law-enforcement seizures—America’s “strategic Bitcoin reserves” are growing more and more.
Under a Trump executive order from last year, seized Bitcoins can’t be sold; they can only be added to reserves. The market’s biggest fear—an “U.S. government dumping” scenario—is unlikely to happen for now.
Smart money moving: an address 4 hours in a row swept up $8.09 million worth of scam/altcoins!
According to @ai_9684xtpa monitoring, within 4 hours, address 0x129…72EbE recorded: - $ZRO 255 million units (about $5.30 million) - $WLD 441 million units (about $2.29 million) - $CHIP 1000 million units (about $490,000)
Mainly targeting the AI + cross-chain infrastructure track. A whale smashing $8 million in 4 hours—so what scent is it picking up?
Smart money never sweeps in without reason. To follow or not to follow—let’s chat in the comments.
Million-dollar luxury car mishap scene: Zunjie V800 pre-order owner canceled the car.
The trigger was a test video from Dongchedi—a brake pedal bracket failure. After watching it, the owner immediately told the salesperson: "Cancel the order—I definitely don’t want it. You can keep the deposit, I just want to return the car."
The salesperson was still trying to explain: the test force far exceeds normal ranges, and many bloggers questioned the test; Dongchedi also isn’t the first time it’s gone after Huawei-related brands.
But the owner was firm: "If a critical component like the brakes is in this kind of condition, I can’t trust anything else either."
Buying a car for one million is about peace of mind. Trust—once it’s broken—is harder to fix than a broken brake pedal bracket.
Genius S2 has come to an end. The refund window opens today, and you have just 5 days to make your choice.
First, the facts: S2 was originally set to distribute 200 million GP, but only 173 million were distributed. That means up to 6.055% of the total GENIUS supply can be claimed, while the remaining 0.945% will be burned.
You have three options:
1. Refund: Get 100% of your fees back, but all the GP you earned in S2 will be forfeited, and the corresponding GENIUS allocation will be permanently burned. The window runs from October 7–12. 2. Unlock immediately: A second 5-day window opens on the 12th. Claim your tokens right away, but take an 85% penalty. 3. Lock for 24 months: Receive 100% of your airdrop allocation.
Let’s do the math: Option 2 means paying an 85% “impatience tax.” Option 3 is a bet that GENIUS will still be valuable two years from now. Option 1 means walking away for good with your fees back.
The most interesting part is “refund and burn”—everyone who chooses a refund creates deflation for those who stay. Rather than splitting the pie, the end of S2 is more like a sieve: it filters out those who lack confidence and leaves behind those willing to lock up for two years.
Another incident in crypto: trader @frogmanhaha's wallet was hacked, and $4 million in assets was drained within 5 hours.
The main assets stolen were: - 1.43 million BP ($1.77 million) - 13.96 million MarsCoin ($1.55 million) - 3.7 million Cash Cat ($510,000) - 6 other assets
The hacker was highly skilled: they sold everything for major cryptocurrencies, then laundered the funds through Privacy Cash and Chainflip, dispersing them along the way—a complete end-to-end operation.
There’s no such thing as “getting it back” on-chain. If your private keys are gone, they’re gone. Get a hardware wallet and set up multisig—make sure you have the protections you need.
Rumors say G.E.M. (Deng Ziqi) has gotten married, possibly bringing her nine-year love story to a happy ending.
Taiwanese media broke the news today: she and her stylist boyfriend, Mark, reportedly tied the knot quietly at a church in New York. The news is said to have come from the groom’s friends and family. Neither party nor her studio has made an official announcement.
But the studio’s response is certainly interesting: when rumors surfaced of a wedding on a Thai island in 2020 and of them registering their marriage and moving to Shanghai in 2022, both were swiftly denied. This time, though, all they said was, “We don’t comment on artists’ private lives”—neither confirming nor denying it.
Here’s a quick look back at those nine years: rumors first began in 2015. In 2017, they were photographed holding hands in Tokyo’s Shibuya district, and their relationship became public. In 2018, she officially went public with their relationship at a NASA awards ceremony. There have been breakup rumors along the way, but each time, photos of them together put them to rest. As recently as March this year, the two were spotted traveling together in Seoul, looking close.
Mark is her longtime stylist. He stood by her through her toughest contract disputes and copyright battles, and many of her stunning stage looks were his work. The person who stayed by her side through the lows eventually walked into a church with her—now that’s a romance worth rooting for.
Let’s wait for an official announcement before deciding whether it’s true. For now, congratulations to them!
Tether-backed Utexo has secured commercial authorization and plans to issue USDT on Bitcoin mainnet via the RGB protocol in October. Three killer features:
1. Private transfers—client-side validation, with transaction details kept off the main chain; much more private than Ethereum or Tron versions 2. Swap BTC directly for USDT—no more detouring through centralized exchanges 3. Bitcoin-collateralized lending—native BTC can be used as collateral, without wrapping it as WBTC
12 years ago, USDT left Bitcoin’s Omni protocol. Now it’s coming back home. Tether CTO Paolo: It's coming home.
Apparently, 450+ institutions have already expressed interest, and they’re also in talks with Morgan Stanley about custody. This could turn Bitcoin from “digital gold” into a dollar settlement layer.