Binance Square
Brainrot Labs
101 Posts

Brainrot Labs

Square Verified
๐Ÿ‡บ๐Ÿ‡ธ ๐Ÿ‡ฏ๐Ÿ‡ต ๐Ÿ‡ป๐Ÿ‡ณ ๐Ÿ‡จ๐Ÿ‡ณyour daily dose of digital schizophrenia AI girls โ€ข memes โ€ข crypto โ€ข chaos 99% research. 1% sleep. Think for yourself -Not your advisor
20 Following
121 Followers
121 Liked
Posts
PINNED
ยท
--
Weekly CT recap: everything is fine. Probably. ๐Ÿ’€๐Ÿ“Š ๐Ÿค– AI: +3.91% ๐Ÿ”ฅ DeFi: +3.45% ๐Ÿ—ฃ๏ธ SocialFi: +1.44% Meanwhile: ๐Ÿ“‰ RWA: -5.44% ๐ŸŽฎ GameFi: -5.27% ๐Ÿ–ผ๏ธ NFT: -3.64% BTC ETF: -$389.7M ETH ETF: basically fighting for its life ๐Ÿ’€ RWA is backwards: 1.31M addresses are holding tokenized stocks, with monthly volume up 179% to $23.13B. Fed: 74% keep rates unchanged for September CLARITY Act: โ€œMaybe later bro.โ€ BTC buy wall: โ€œIโ€™m getting thinner.โ€ Meme coin trader: $120 โ†’ $205K ๐Ÿ’€ Market: โ€œWeโ€™re rotating.โ€ CT: โ€œRotating into what?โ€ Market: โ€œYes.โ€ ๐Ÿ’€ This week, money isnโ€™t disappearing. Itโ€™s just running to a different narrative. ๐Ÿ˜‚ Next week, are you betting on AI, RWA, or BTC to steal the spotlight? #RWAๆฟๅ—ๆถจๅŠฟๅผบๅŠฒ #btc
Weekly CT recap: everything is fine. Probably. ๐Ÿ’€๐Ÿ“Š

๐Ÿค– AI: +3.91%
๐Ÿ”ฅ DeFi: +3.45%
๐Ÿ—ฃ๏ธ SocialFi: +1.44%

Meanwhile:

๐Ÿ“‰ RWA: -5.44%
๐ŸŽฎ GameFi: -5.27%
๐Ÿ–ผ๏ธ NFT: -3.64%

BTC ETF: -$389.7M
ETH ETF: basically fighting for its life ๐Ÿ’€

RWA is backwards: 1.31M addresses are holding tokenized stocks, with monthly volume up 179% to $23.13B.

Fed: 74% keep rates unchanged for September
CLARITY Act: โ€œMaybe later bro.โ€
BTC buy wall: โ€œIโ€™m getting thinner.โ€
Meme coin trader: $120 โ†’ $205K ๐Ÿ’€

Market: โ€œWeโ€™re rotating.โ€
CT: โ€œRotating into what?โ€
Market: โ€œYes.โ€ ๐Ÿ’€

This week, money isnโ€™t disappearing.

Itโ€™s just running to a different narrative. ๐Ÿ˜‚

Next week, are you betting on AI, RWA, or BTC to steal the spotlight?

#RWAๆฟๅ—ๆถจๅŠฟๅผบๅŠฒ #btc
Harvard looked at the Bitcoin dip and said: โ€œNah, weโ€™re still holding.โ€ ๐Ÿ’€ Harvardโ€™s endowment kept its 3,044,612 shares of BlackRockโ€™s IBIT in Q2, worth about $101.4M as of 30/6. More notably, before that Harvard had been continuously trimming its position: 6.81M โ†’ 5.35M โ†’ 3.04M shares But in Q2: no further selling. ๐Ÿ‘€ Meanwhile, Harvard fully exited its spot Ethereum ETF position and now holds about $171.2M in gold ETF, compared with $101.4M in IBIT. IBIT currently ranks only 11th in Harvardโ€™s disclosed portfolio of about $4.26B. Harvard: โ€œWe trimmed BTC.โ€ BTC: โ€œSo youโ€™re leaving?โ€ Harvard: โ€œNah. Iโ€™m just watching.โ€ ๐Ÿ’€ Whatโ€™s interesting is that while Harvard stands pat, Mubadala, the Abu Dhabi Investment Council, and Morgan Stanley are all holding very large IBIT positions. Do you think Harvard is waiting for BTC to rebound to sell more, or that keeping the position unchanged is a sign they still want Bitcoin in their long-term portfolio? ๐Ÿ‘€ #IBIT #harvard
Harvard looked at the Bitcoin dip and said: โ€œNah, weโ€™re still holding.โ€ ๐Ÿ’€

Harvardโ€™s endowment kept its 3,044,612 shares of BlackRockโ€™s IBIT in Q2, worth about $101.4M as of 30/6.

More notably, before that Harvard had been continuously trimming its position:
6.81M โ†’ 5.35M โ†’ 3.04M shares
But in Q2: no further selling. ๐Ÿ‘€

Meanwhile, Harvard fully exited its spot Ethereum ETF position and now holds about $171.2M in gold ETF, compared with $101.4M in IBIT.
IBIT currently ranks only 11th in Harvardโ€™s disclosed portfolio of about $4.26B.

Harvard: โ€œWe trimmed BTC.โ€
BTC: โ€œSo youโ€™re leaving?โ€
Harvard: โ€œNah. Iโ€™m just watching.โ€ ๐Ÿ’€

Whatโ€™s interesting is that while Harvard stands pat, Mubadala, the Abu Dhabi Investment Council, and Morgan Stanley are all holding very large IBIT positions.

Do you think Harvard is waiting for BTC to rebound to sell more, or that keeping the position unchanged is a sign they still want Bitcoin in their long-term portfolio? ๐Ÿ‘€

#IBIT #harvard
BTC+0.01%
IBITETF-0.80%
RWA doesnโ€™t die at the tokenization step. It dies at the step: โ€œOkayโ€ฆ now what?โ€ ๐Ÿ’€ A security is on-chain, yet thereโ€™s still a whole pile of things to figure out: who can buy, whoโ€™s eligible to hold the asset, are transfers restricted, what data is public, how do corporate actions get handled, and how does settlement work. Thatโ€™s the part I find interesting in @Dusk_Foundation Instead of only turning traditional assets into tokens, Dusk is moving toward financial infrastructure for the entire asset lifecycle โ€” from issuance, ownership, eligibility, and controlled transfers to trading, servicing, and settlement. And $DUSK isnโ€™t just a ticker to look at charts. Itโ€™s the gas + staking/security layer of the network. Tokenization is level 1. Building the financial rails is level 2. ๐Ÿธ #dusk #BrainrotCrypto #DigitalSchizophrenia
RWA doesnโ€™t die at the tokenization step.

It dies at the step: โ€œOkayโ€ฆ now what?โ€ ๐Ÿ’€

A security is on-chain, yet thereโ€™s still a whole pile of things to figure out: who can buy, whoโ€™s eligible to hold the asset, are transfers restricted, what data is public, how do corporate actions get handled, and how does settlement work.

Thatโ€™s the part I find interesting in @Dusk

Instead of only turning traditional assets into tokens, Dusk is moving toward financial infrastructure for the entire asset lifecycle โ€” from issuance, ownership, eligibility, and controlled transfers to trading, servicing, and settlement.

And $DUSK isnโ€™t just a ticker to look at charts.
Itโ€™s the gas + staking/security layer of the network.
Tokenization is level 1.

Building the financial rails is level 2. ๐Ÿธ

#dusk #BrainrotCrypto #DigitalSchizophrenia
Verified
Wall Street is loading up on SpaceX like itโ€™s the next AI trade. ๐Ÿš€๐Ÿ’€ After SpaceX listed on Nasdaq, Q2 13F data showed that about 1,697 institutions have reported positions. Notable top holders: ๐ŸŸข Alphabet: $94.18B ๐ŸŸข Valor Management: $86.01B ๐ŸŸข FMR: $51.66B ๐ŸŸข Gigafund: $29.36B ๐ŸŸข Saudi PIF: $26.34B ๐ŸŸข NVIDIA: $20.98B ๐ŸŸข BlackRock: $8.72B ๐ŸŸข Harvard: $2.21B Notably, NVIDIAโ€™s position comes from an earlier investment in xAI, while Alphabet and Gigafund were already investors before SpaceX went public. But hereโ€™s the twist: SpaceX closed at $170.86 on June 30, but by August 14 it was down to around $140โ€”about an ~18.1% decline. Institutions: โ€œWe believe in SpaceX.โ€ SPCX: โ€œCool. Hereโ€™s an 18% drawdown.โ€ ๐Ÿ’€ Note: 13F only shows positions at the end of the quarter; it doesnโ€™t indicate the exact buy timing or cost basis, and it also doesnโ€™t reflect short positions. Do you think these institutions are buying SpaceX for the space story, AI/xAI, or because theyโ€™re betting on the entire Musk ecosystem? ๐Ÿ‘€ #BrainrotCrypto #SpaceX
Wall Street is loading up on SpaceX like itโ€™s the next AI trade. ๐Ÿš€๐Ÿ’€

After SpaceX listed on Nasdaq, Q2 13F data showed that about 1,697 institutions have reported positions.

Notable top holders:

๐ŸŸข Alphabet: $94.18B
๐ŸŸข Valor Management: $86.01B
๐ŸŸข FMR: $51.66B
๐ŸŸข Gigafund: $29.36B
๐ŸŸข Saudi PIF: $26.34B
๐ŸŸข NVIDIA: $20.98B
๐ŸŸข BlackRock: $8.72B
๐ŸŸข Harvard: $2.21B

Notably, NVIDIAโ€™s position comes from an earlier investment in xAI, while Alphabet and Gigafund were already investors before SpaceX went public.

But hereโ€™s the twist: SpaceX closed at $170.86 on June 30, but by August 14 it was down to around $140โ€”about an ~18.1% decline.

Institutions: โ€œWe believe in SpaceX.โ€
SPCX: โ€œCool. Hereโ€™s an 18% drawdown.โ€ ๐Ÿ’€

Note: 13F only shows positions at the end of the quarter; it doesnโ€™t indicate the exact buy timing or cost basis, and it also doesnโ€™t reflect short positions.

Do you think these institutions are buying SpaceX for the space story, AI/xAI, or because theyโ€™re betting on the entire Musk ecosystem? ๐Ÿ‘€

#BrainrotCrypto #SpaceX
Insider trading allegations just entered the DAO chat. ๐Ÿ’€ The founder of daos.fun accuses a core member of baoskee of having known in advance about the plan to rename ai16z to avoid trademark issues, but instead of raising the issue via a Snapshot vote as promised, the person was allegedly selling a large amount of tokens. According to Shaw, the alleged profits amount to around $6.6M, with on-chain transactions provided as evidence. baoskee has denied the claims and called Shaw โ€œcompletely insane.โ€ Shaw: โ€œI have the on-chain receipts.โ€ baoskee: โ€œBro is completely insane.โ€ Blockchain: โ€œI literally have the receipts.โ€ ๐Ÿ’€ These are still just allegations; itโ€™s not a conclusion that insider trading actually took place. If the on-chain transactions really prove that the tokens were sold before the information was released, how do you think a DAO should handle insider trading? ๐Ÿ‘€ #shawa16z #ai16z
Insider trading allegations just entered the DAO chat. ๐Ÿ’€

The founder of daos.fun accuses a core member of baoskee of having known in advance about the plan to rename ai16z to avoid trademark issues, but instead of raising the issue via a Snapshot vote as promised, the person was allegedly selling a large amount of tokens.

According to Shaw, the alleged profits amount to around $6.6M, with on-chain transactions provided as evidence.

baoskee has denied the claims and called Shaw โ€œcompletely insane.โ€
Shaw: โ€œI have the on-chain receipts.โ€
baoskee: โ€œBro is completely insane.โ€
Blockchain: โ€œI literally have the receipts.โ€ ๐Ÿ’€

These are still just allegations; itโ€™s not a conclusion that insider trading actually took place.

If the on-chain transactions really prove that the tokens were sold before the information was released, how do you think a DAO should handle insider trading? ๐Ÿ‘€

#shawa16z #ai16z
AI infrastructure is attracting serious venture money. ๐Ÿ‘€ Team8 has just completed a $365M fundraising round, including $265M for Team8 Capital III and more than $100M to invest further in companies in its current portfolio. The new fund focuses on AI-native startups at the Seed and Series A stages, especially: ๐Ÿค– AI infrastructure ๐Ÿ” Cybersecurity ๐Ÿ’ณ Fintech ๐Ÿ›ก๏ธ Infrastructure that helps enterprises deploy AI safelyโ€”with governance and control Team8โ€™s total AUM is now close to $2B. VC: โ€œAI is the future.โ€ Team8: โ€œCool. Give us $365M.โ€ ๐Ÿ’€ Whatโ€™s notable is that capital is shifting from only investing in AI applications to building the underlying infrastructure + security + governance behind them. Do you think AI infrastructure will be the next big VC narrative, or has the market started overfunding everything with the word โ€œAIโ€? #BrainrotCrypto #AI
AI infrastructure is attracting serious venture money. ๐Ÿ‘€

Team8 has just completed a $365M fundraising round, including $265M for Team8 Capital III and more than $100M to invest further in companies in its current portfolio.

The new fund focuses on AI-native startups at the Seed and Series A stages, especially:
๐Ÿค– AI infrastructure
๐Ÿ” Cybersecurity
๐Ÿ’ณ Fintech
๐Ÿ›ก๏ธ Infrastructure that helps enterprises deploy AI safelyโ€”with governance and control

Team8โ€™s total AUM is now close to $2B.

VC: โ€œAI is the future.โ€
Team8: โ€œCool. Give us $365M.โ€ ๐Ÿ’€

Whatโ€™s notable is that capital is shifting from only investing in AI applications to building the underlying infrastructure + security + governance behind them.

Do you think AI infrastructure will be the next big VC narrative, or has the market started overfunding everything with the word โ€œAIโ€?

#BrainrotCrypto #AI
Muskโ€™s AI empire just added another heavyweight. ๐Ÿ‘€ According to the above information, SpaceX has completed its acquisition of AI coding startup Cursor for $60B, about two months after announcing the deal. The deal is said to be aimed at helping Musk accelerate his AI business, especially in the AI coding space, where Cursor has grown very rapidly thanks to its ability to help developers write and debug code with AI. Musk: โ€œI need more AI.โ€ SpaceX: โ€œHow much?โ€ Musk: โ€œ$60B should do.โ€ ๐Ÿ’€ If this deal really helps SpaceXAI compete more directly with OpenAI and Anthropic, then this isnโ€™t just a space story anymoreโ€”Musk is building an entire stack from AI โ†’ software โ†’ compute โ†’ infrastructure. Bro, do you think $60B for Cursor is a strategic masterstroke, or is Musk starting to play AI in unlimited-money mode? ๐Ÿ‘€ #ElonMusk. #AI
Muskโ€™s AI empire just added another heavyweight. ๐Ÿ‘€

According to the above information, SpaceX has completed its acquisition of AI coding startup Cursor for $60B, about two months after announcing the deal.

The deal is said to be aimed at helping Musk accelerate his AI business, especially in the AI coding space, where Cursor has grown very rapidly thanks to its ability to help developers write and debug code with AI.

Musk: โ€œI need more AI.โ€
SpaceX: โ€œHow much?โ€
Musk: โ€œ$60B should do.โ€ ๐Ÿ’€

If this deal really helps SpaceXAI compete more directly with OpenAI and Anthropic, then this isnโ€™t just a space story anymoreโ€”Musk is building an entire stack from AI โ†’ software โ†’ compute โ†’ infrastructure.

Bro, do you think $60B for Cursor is a strategic masterstroke, or is Musk starting to play AI in unlimited-money mode? ๐Ÿ‘€

#ElonMusk. #AI
AI data centers have a new problem: paying for the electricity. โšก๐Ÿค– Backed by EQT, EdgeConneX is seeking an electricity guarantee facility of up to $2.5B to support its global data center expansion plan. The company is negotiating with multiple banks, including Natixis and BBVA, for a letter of credit structure to help lock in power source costs for future projects. Notably: AI infrastructure now needs more than just GPUs + a data centerโ€”it also has to solve the problem of long-term power supply and electricity costs. AI: โ€œI need more compute.โ€ Power grid: โ€œCool. Whoโ€™s paying the electricity bill?โ€ ๐Ÿ’€ As demand for AI training and inference continues to rise, electricity could become the biggest bottleneck to expanding AI compute. Do you think electricity will become the most important โ€œassetโ€ in AI infrastructureโ€”even more important than GPUs? #BrainrotCrypto #AI
AI data centers have a new problem: paying for the electricity. โšก๐Ÿค–

Backed by EQT, EdgeConneX is seeking an electricity guarantee facility of up to $2.5B to support its global data center expansion plan.

The company is negotiating with multiple banks, including Natixis and BBVA, for a letter of credit structure to help lock in power source costs for future projects.

Notably: AI infrastructure now needs more than just GPUs + a data centerโ€”it also has to solve the problem of long-term power supply and electricity costs.

AI: โ€œI need more compute.โ€
Power grid: โ€œCool. Whoโ€™s paying the electricity bill?โ€ ๐Ÿ’€

As demand for AI training and inference continues to rise, electricity could become the biggest bottleneck to expanding AI compute.

Do you think electricity will become the most important โ€œassetโ€ in AI infrastructureโ€”even more important than GPUs?

#BrainrotCrypto #AI
AI is creating a nuclear power race. โš›๏ธ๐Ÿค– Bill Gates recently met with leaders of SK and HD Hyundai in South Korea to discuss SMRs (small modular reactors) and how to meet the ever-growing electricity demand from AI data centers. SK and SK Innovation previously invested $250M into Gatesโ€™ TerraPower, while SK Innovation has just signed a cooperation agreement with TerraPower on sodium-cooled SMRs. AI: โ€œI need more power.โ€ Nuclear: โ€œHow much?โ€ AI: โ€œYes.โ€ ๐Ÿ’€โšก The notable point is that the AI race is no longer just about GPUs and data centers. Electricity supply is becoming an important part of the game. Do you think nuclear will become the main power source for AI data centers in the coming decade, or will renewables + batteries still win? #NuclearAI #AI
AI is creating a nuclear power race. โš›๏ธ๐Ÿค–

Bill Gates recently met with leaders of SK and HD Hyundai in South Korea to discuss SMRs (small modular reactors) and how to meet the ever-growing electricity demand from AI data centers.

SK and SK Innovation previously invested $250M into Gatesโ€™ TerraPower, while SK Innovation has just signed a cooperation agreement with TerraPower on sodium-cooled SMRs.

AI: โ€œI need more power.โ€
Nuclear: โ€œHow much?โ€
AI: โ€œYes.โ€ ๐Ÿ’€โšก

The notable point is that the AI race is no longer just about GPUs and data centers. Electricity supply is becoming an important part of the game.

Do you think nuclear will become the main power source for AI data centers in the coming decade, or will renewables + batteries still win?

#NuclearAI #AI
Malaysia is getting its own stablecoin play. ๐Ÿ‡ฒ๐Ÿ‡พ๐Ÿ‘€ BLOX has just completed a $1M seed round, led by Kivo Technology, with the new funding focused on developing MYRCโ€”a stablecoin backed by the Malaysian Ringgit (MYR). BLOX has also joined a proof-of-concept program on blockchain payments in Malaysia, testing scenarios for domestic payments using MYRC. BLOX: โ€œWe have a ringgit stablecoin.โ€ Crypto: โ€œAnother stablecoin?โ€ Malaysia: โ€œThis one is mine.โ€ ๐Ÿ’€ Notably, stablecoins are gradually shifting from the trading narrative to payment infrastructure at the national level. Guys, do you think a local stablecoin like MYRC has a chance to become a real payment rail, or will USD stablecoins continue to dominate? #MYRO #BLOX
Malaysia is getting its own stablecoin play. ๐Ÿ‡ฒ๐Ÿ‡พ๐Ÿ‘€

BLOX has just completed a $1M seed round, led by Kivo Technology, with the new funding focused on developing MYRCโ€”a stablecoin backed by the Malaysian Ringgit (MYR).

BLOX has also joined a proof-of-concept program on blockchain payments in Malaysia, testing scenarios for domestic payments using MYRC.

BLOX: โ€œWe have a ringgit stablecoin.โ€
Crypto: โ€œAnother stablecoin?โ€
Malaysia: โ€œThis one is mine.โ€ ๐Ÿ’€

Notably, stablecoins are gradually shifting from the trading narrative to payment infrastructure at the national level.

Guys, do you think a local stablecoin like MYRC has a chance to become a real payment rail, or will USD stablecoins continue to dominate?

#MYRO #BLOX
ยท
--
Bullish
Musk made $158.3B last year. His average Tesla employee made $57.2K. ๐Ÿ’€ Muskโ€™s income in 2025 is recorded at $158.3B, equivalent to about 2.52 million times the average income of a Tesla employee. In other words, Musk earned an amount equivalent to a full yearโ€™s salary of a single employee in just about 4.23 seconds. Tesla employee: โ€œI work all year.โ€ Musk: โ€œGive me 4 seconds.โ€ ๐Ÿ’€ Point to note: most of the $158.3B figure comes from restricted stock awards, not cash compensation received directly, and this value depends on whether Tesla meets the performance conditions. 2.52 million times the average salary. That number is honestly hard to process. Guys, do you think this kind of compensation is a super strong founder incentive, or has the gap become too extreme already? ๐Ÿ‘€ #ElonMusk. #Tesla
Musk made $158.3B last year. His average Tesla employee made $57.2K. ๐Ÿ’€

Muskโ€™s income in 2025 is recorded at $158.3B, equivalent to about 2.52 million times the average income of a Tesla employee.

In other words, Musk earned an amount equivalent to a full yearโ€™s salary of a single employee in just about 4.23 seconds.

Tesla employee: โ€œI work all year.โ€
Musk: โ€œGive me 4 seconds.โ€ ๐Ÿ’€

Point to note: most of the $158.3B figure comes from restricted stock awards, not cash compensation received directly, and this value depends on whether Tesla meets the performance conditions.

2.52 million times the average salary. That number is honestly hard to process.

Guys, do you think this kind of compensation is a super strong founder incentive, or has the gap become too extreme already? ๐Ÿ‘€

#ElonMusk. #Tesla
ยท
--
Bearish
OpenAI is heading toward a potential IPO while its leadership bench keeps changing. ๐Ÿ‘€ OpenAI is reportedly targeting a valuation of about $852B and has secretly filed documents related to an IPO in June. But at the same time, a number of senior leaders are leaving or changing roles: CRO Denise Dresser resigns Brad Lightcap leaves the company after moving to a โ€œspecial projectโ€ Fidji Simo steps out of the core management team OpenAI: โ€œ$852B valuation.โ€ Leadership team: โ€œWe need a reshuffle.โ€ ๐Ÿ’€ The bigger the IPO, the more governance and leadership stability become things the market will closely scrutinize. Do you guys think this is just pre-IPO restructuring, or is leadership turnover at this point truly a red flag? #OpenAI #IPOWave
OpenAI is heading toward a potential IPO while its leadership bench keeps changing. ๐Ÿ‘€

OpenAI is reportedly targeting a valuation of about $852B and has secretly filed documents related to an IPO in June.

But at the same time, a number of senior leaders are leaving or changing roles:

CRO Denise Dresser resigns Brad Lightcap leaves the company after moving to a โ€œspecial projectโ€ Fidji Simo steps out of the core management team

OpenAI: โ€œ$852B valuation.โ€
Leadership team: โ€œWe need a reshuffle.โ€ ๐Ÿ’€

The bigger the IPO, the more governance and leadership stability become things the market will closely scrutinize.

Do you guys think this is just pre-IPO restructuring, or is leadership turnover at this point truly a red flag?

#OpenAI #IPOWave
RedotPayโ€™s U.S. IPO just hit the regulatory speed bump. ๐Ÿ‘€ RedotPay has postponed its U.S. IPO plans instead of completing them this year as previously expected. The company is focusing on handling legal requirements and obtaining approvals in the markets where it operates. Notably, RedotPay says it has just received a money transmitter license in the U.S., while it still faces a lawsuit from an entity connected to Binance, seeking damages of about $500M. RedotPay: โ€œIPO this year.โ€ Regulators: โ€œLetโ€™s talk first.โ€ ๐Ÿ’€ A key point is that the company says users, revenue, profit, and margins are all at ATH levels, but regulatory clearance remains the bottleneck. Do you think crypto/fintech IPOs are being delayed by regulatory risk, or is this just a normal delay before RedotPay goes public? #Binance #redotpay
RedotPayโ€™s U.S. IPO just hit the regulatory speed bump. ๐Ÿ‘€

RedotPay has postponed its U.S. IPO plans instead of completing them this year as previously expected. The company is focusing on handling legal requirements and obtaining approvals in the markets where it operates.

Notably, RedotPay says it has just received a money transmitter license in the U.S., while it still faces a lawsuit from an entity connected to Binance, seeking damages of about $500M.

RedotPay: โ€œIPO this year.โ€
Regulators: โ€œLetโ€™s talk first.โ€ ๐Ÿ’€

A key point is that the company says users, revenue, profit, and margins are all at ATH levels, but regulatory clearance remains the bottleneck.

Do you think crypto/fintech IPOs are being delayed by regulatory risk, or is this just a normal delay before RedotPay goes public?

#Binance #redotpay
Partly True
Fed is not ready to rush the next cut. ๐Ÿ‘€ Fed Governor Austan Goolsbee supports the decision to keep interest rates unchanged in July, saying that CPI data is currently quite positive, but the Fed still needs more data before making its next decision. Notably, he also warned that if productivity continues to decline, the market may have to reconsider overly optimistic expectations about AI. AI: โ€œProductivity is going up.โ€ Goolsbee: โ€œShow me the data.โ€ ๐Ÿ’€ Do you think the Fed will keep rates unchanged in September, or will upcoming data be strong enough to pave the way for another round of cuts? #BrainrotCrypto #Fed
Fed is not ready to rush the next cut. ๐Ÿ‘€

Fed Governor Austan Goolsbee supports the decision to keep interest rates unchanged in July, saying that CPI data is currently quite positive, but the Fed still needs more data before making its next decision.

Notably, he also warned that if productivity continues to decline, the market may have to reconsider overly optimistic expectations about AI.

AI: โ€œProductivity is going up.โ€
Goolsbee: โ€œShow me the data.โ€ ๐Ÿ’€

Do you think the Fed will keep rates unchanged in September, or will upcoming data be strong enough to pave the way for another round of cuts?

#BrainrotCrypto #Fed
Wall Street is moving from โ€œbuy Bitcoinโ€ to โ€œhow do we squeeze more yield out of it?โ€ ๐Ÿ‘€ Goldman Sachs has just announced the acquisition of NEOS Investments for $2.25B, significantly expanding its active ETF and yield-generating product offerings. If spot Bitcoin ETFs are Wall Streetโ€™s phase 1, then the next round could be yield, options, and active strategies. BlackRock: โ€œWe have Bitcoin ETFs.โ€ Goldman Sachs: โ€œCool. Weโ€™ll add yield.โ€ ๐Ÿ’€ This could be the next major front in competition: not only bringing BTC into TradFi, but also turning BTC into an income-generating product. Do you think Wall Street will make bigger money from Bitcoin by holding BTC, or by selling yield products around BTC? ๐Ÿ‘€ #blackRock #GoldManSachs
Wall Street is moving from โ€œbuy Bitcoinโ€ to โ€œhow do we squeeze more yield out of it?โ€ ๐Ÿ‘€

Goldman Sachs has just announced the acquisition of NEOS Investments for $2.25B, significantly expanding its active ETF and yield-generating product offerings.

If spot Bitcoin ETFs are Wall Streetโ€™s phase 1, then the next round could be yield, options, and active strategies.

BlackRock: โ€œWe have Bitcoin ETFs.โ€
Goldman Sachs: โ€œCool. Weโ€™ll add yield.โ€ ๐Ÿ’€

This could be the next major front in competition: not only bringing BTC into TradFi, but also turning BTC into an income-generating product.

Do you think Wall Street will make bigger money from Bitcoin by holding BTC, or by selling yield products around BTC? ๐Ÿ‘€

#blackRock #GoldManSachs
Morgan Stanley is quietly stacking crypto exposure. ๐Ÿ‘€ In its Q2 13F filing, Morgan Stanley increased its holdings of BlackRock IBIT by 23%, from 13.4M โ†’ ~16.5M shares, equivalent to buying an additional ~3.04M shares. Despite the IBIT position value declining by $667M โ†’ $549M due to BTC falling during the quarter, the actual number of shares held increased significantly. More notably: ๐ŸŸ  IBIT: ~16.5M shares ๐ŸŸ  ETHA: up ~202% to 4.6M shares ๐ŸŸ  ETH Mini Trust: up ~26% to 5.1M shares ๐ŸŸฃ Opened a new position in GSOL: ~ $4.25M ๐ŸŸฃ FSOL: ~ $2.26M ๐ŸŸข First-time disclosure of MSBT: 2.57M shares, ~ $43.3M Morgan Stanley: โ€œCrypto is too risky.โ€ Also Morgan Stanley: โ€œBuy more.โ€ ๐Ÿ’€ The point to note isnโ€™t whether the portfolio is currently in profit or loss, but that the amount of exposure continues to grow while the market is adjusting. Is Wall Street truly buying the dip, or is it just preparing inventory for a bigger tokenization cycle? ๐Ÿ‘€ #BrainrotCrypto #MorganStanley
Morgan Stanley is quietly stacking crypto exposure. ๐Ÿ‘€

In its Q2 13F filing, Morgan Stanley increased its holdings of BlackRock IBIT by 23%, from 13.4M โ†’ ~16.5M shares, equivalent to buying an additional ~3.04M shares.

Despite the IBIT position value declining by $667M โ†’ $549M due to BTC falling during the quarter, the actual number of shares held increased significantly.

More notably:

๐ŸŸ  IBIT: ~16.5M shares
๐ŸŸ  ETHA: up ~202% to 4.6M shares
๐ŸŸ  ETH Mini Trust: up ~26% to 5.1M shares
๐ŸŸฃ Opened a new position in GSOL: ~ $4.25M
๐ŸŸฃ FSOL: ~ $2.26M
๐ŸŸข First-time disclosure of MSBT: 2.57M shares, ~ $43.3M

Morgan Stanley: โ€œCrypto is too risky.โ€
Also Morgan Stanley: โ€œBuy more.โ€ ๐Ÿ’€

The point to note isnโ€™t whether the portfolio is currently in profit or loss, but that the amount of exposure continues to grow while the market is adjusting.

Is Wall Street truly buying the dip, or is it just preparing inventory for a bigger tokenization cycle? ๐Ÿ‘€

#BrainrotCrypto #MorganStanley
Article
Harmony hack was much bigger than the first numbers suggested. ๐Ÿ’€Harmony has just released a forensic update about the unauthorized ONE minting incident. Initially, the market said around 4B ONE was minted. But the reconstruction now shows that the total forged cross-shard issuance reached ~3.01T ONE, through 6 transactions and 4 attacker wallets. The most notable aspect lies in the cross-shard receipt replay vulnerability: Can an attacker modify identifiers in Merkle proofs that have not been authenticated, causing already-processed receipts to be mistakenly understood by the system as never used โ†’ the receipt is verified again โ†’ the destination shard credits ONE without a corresponding debit on the source shard.

Harmony hack was much bigger than the first numbers suggested. ๐Ÿ’€

Harmony has just released a forensic update about the unauthorized ONE minting incident.
Initially, the market said around 4B ONE was minted. But the reconstruction now shows that the total forged cross-shard issuance reached ~3.01T ONE, through 6 transactions and 4 attacker wallets.
The most notable aspect lies in the cross-shard receipt replay vulnerability:
Can an attacker modify identifiers in Merkle proofs that have not been authenticated, causing already-processed receipts to be mistakenly understood by the system as never used โ†’ the receipt is verified again โ†’ the destination shard credits ONE without a corresponding debit on the source shard.
FTX is getting the Netflix treatment. ๐Ÿ’€ Netflix has just announced โ€œThe Altruists,โ€ an 8-episode series inspired by the rise & fall of Sam Bankman-Fried and Caroline Ellison. ๐Ÿ“… Premieres 19/11 ๐ŸŽฌ 8 episodes ๐ŸŽญ Anthony Boyle plays SBF ๐ŸŽญ Julia Garner plays Caroline Ellison โœ๏ธ Graham Moore writes and produces ๐Ÿ‘€ Barack & Michelle Obama will serve as executive producers FTX: โ€œWeโ€™re building the future of finance.โ€ Netflix: โ€œSure. Season 1 drops November 19.โ€ ๐Ÿ’€ From crypto empire โ†’ bankruptcy โ†’ courtroom โ†’ now itโ€™s Netflix content. Bro, have you watched it yet, or is FTX drama already enough and we donโ€™t need Netflix to retell it? ๐Ÿ˜‚ #netflix #FTX
FTX is getting the Netflix treatment. ๐Ÿ’€

Netflix has just announced โ€œThe Altruists,โ€ an 8-episode series inspired by the rise & fall of Sam Bankman-Fried and Caroline Ellison.

๐Ÿ“… Premieres 19/11
๐ŸŽฌ 8 episodes
๐ŸŽญ Anthony Boyle plays SBF
๐ŸŽญ Julia Garner plays Caroline Ellison
โœ๏ธ Graham Moore writes and produces
๐Ÿ‘€ Barack & Michelle Obama will serve as executive producers

FTX: โ€œWeโ€™re building the future of finance.โ€
Netflix: โ€œSure. Season 1 drops November 19.โ€ ๐Ÿ’€

From crypto empire โ†’ bankruptcy โ†’ courtroom โ†’ now itโ€™s Netflix content.

Bro, have you watched it yet, or is FTX drama already enough and we donโ€™t need Netflix to retell it? ๐Ÿ˜‚

#netflix #FTX
Musk owns less than half of SpaceX โ€” but controls more than 82% of the votes. ๐Ÿ‘€ According to the SEC filings, Musk owns about 48.4% of SpaceX shares, equivalent to about 6.42B shares worth more than $900B. But thanks to the dual-class share structure: Class A: 1 vote/share Class B: 10 votes/share Musk still controls more than 82% of voting rights even though he doesnโ€™t own more than 50% of the equity. Notably, SpaceX also holds around 18,712 BTC, worth about $1.19B at BTC ~$63.7K. External shareholders cannot force Musk/SpaceX to sell these BTC. Musk: โ€œI own 48.4%.โ€ Also Musk: โ€œ82% of the votes.โ€ ๐Ÿ’€ This is a pretty clear example of how economic ownership โ‰  voting control in a dual-class share structure. Brothers, do you think this model helps founders keep a long-term vision, or gives too much power to an individual? #SpaceX #ElonMusk
Musk owns less than half of SpaceX โ€” but controls more than 82% of the votes. ๐Ÿ‘€

According to the SEC filings, Musk owns about 48.4% of SpaceX shares, equivalent to about 6.42B shares worth more than $900B.

But thanks to the dual-class share structure:
Class A: 1 vote/share Class B: 10 votes/share
Musk still controls more than 82% of voting rights even though he doesnโ€™t own more than 50% of the equity.

Notably, SpaceX also holds around 18,712 BTC, worth about $1.19B at BTC ~$63.7K. External shareholders cannot force Musk/SpaceX to sell these BTC.

Musk: โ€œI own 48.4%.โ€
Also Musk: โ€œ82% of the votes.โ€ ๐Ÿ’€

This is a pretty clear example of how economic ownership โ‰  voting control in a dual-class share structure.

Brothers, do you think this model helps founders keep a long-term vision, or gives too much power to an individual?

#SpaceX #ElonMusk
SecondFi is shutting down after a $2.4M wallet exploit. ๐Ÿ’€ SecondFi, formerly known as Yoroi in the Cardano ecosystem, will not continue operating normally following a serious security incident in June. In the attack on June 21โ€“23, around 374 wallets were affected and about 16M ADA (~$2.4M) was stolen. SecondFi said the cause was a flaw in transaction-signing/wallet-generation software, which could allow the private keys of certain addresses to be inferred from on-chain data after that address signs a transaction. Cardano itself wasn't hacked. The issue lies in SecondFiโ€™s wallet software. Currently, SecondFi is preparing: ๐Ÿ”„ A tool to move ADA, native tokens & NFTs to a new wallet ๐Ÿ” A recovery process using zero-knowledge proofs ๐Ÿ“… Recovery is expected before 10/9 ๐Ÿ›‘ SecondFi will not resume normal operations SecondFi: โ€œYour seed phrase is safe.โ€ Signing code: โ€œAre you sure about that?โ€ ๐Ÿ’€ This is also a painful reminder for self-custody: while blockchains may be secure, wallet implementations can still become a critical weak point. Do you think after incidents like SecondFiโ€™s, hardware wallets will become a mandatory choice for people holding crypto long-term? #BrainrotCrypto #SecondFiToShutDownAfter16.1MADATheft
SecondFi is shutting down after a $2.4M wallet exploit. ๐Ÿ’€

SecondFi, formerly known as Yoroi in the Cardano ecosystem, will not continue operating normally following a serious security incident in June.

In the attack on June 21โ€“23, around 374 wallets were affected and about 16M ADA (~$2.4M) was stolen. SecondFi said the cause was a flaw in transaction-signing/wallet-generation software, which could allow the private keys of certain addresses to be inferred from on-chain data after that address signs a transaction.

Cardano itself wasn't hacked. The issue lies in SecondFiโ€™s wallet software.

Currently, SecondFi is preparing:
๐Ÿ”„ A tool to move ADA, native tokens & NFTs to a new wallet
๐Ÿ” A recovery process using zero-knowledge proofs
๐Ÿ“… Recovery is expected before 10/9
๐Ÿ›‘ SecondFi will not resume normal operations

SecondFi: โ€œYour seed phrase is safe.โ€
Signing code: โ€œAre you sure about that?โ€ ๐Ÿ’€

This is also a painful reminder for self-custody: while blockchains may be secure, wallet implementations can still become a critical weak point.

Do you think after incidents like SecondFiโ€™s, hardware wallets will become a mandatory choice for people holding crypto long-term?

#BrainrotCrypto #SecondFiToShutDownAfter16.1MADATheft
Log in to explore more content
Join global crypto users on Binance Square
โšก๏ธ Get latest and useful information about crypto.
๐Ÿ’ฌ Trusted by the worldโ€™s largest crypto exchange.
๐Ÿ‘ Discover real insights from verified creators.
Email / Phone number
Sitemap
Cookie Preferences
Platform T&Cs