小树苗 Berachain

I’ve said it many times. But when I see this news today, I still have to say it again: if you make money, you must stay low-key—low-key, low-key.

How many cases of taking lives for a few tens of thousands of yuan are there still not enough?

You flex about having hundreds of millions or even tens of millions—aren’t you just treating yourself like a piece of roadside fat meat?

Don’t be blindly confident and think you’re smart. You’ll never fall for it.

There’s no one in this world who can’t be deceived. You haven’t gotten hooked yet only because you haven’t run into a trap tailor-made for you.

If you fall into a pit, then so be it—you can go bankrupt down to zero and start over from the beginning.

But once you run into someone really ruthless, they’ll take care of you physically—so much so that you don’t even have your life anymore.

So be sure to quietly get rich. Keep a low profile—don’t make a fuss!

$AAPLB $BTC

In late July, many people around me told me to buy gold.

The last time they urged me to buy gold was in January 2023, when it was 430 yuan per gram.

After a gap of 3 and a half years, I added to my position in gold again; at that time it was 870 yuan per gram.

Before this, the market had already priced in the idea that there would be a rate hike in September—somewhat by luck.

This time, the nonfarm payroll data was pretty good, further weakening expectations of a rate hike.

Before this, the market had already priced in a rate hike in September.

What moved ahead of gold are gold stocks—they tend to realize more of those expectations earlier.

However, even after a consecutive run higher, many people’s gold positions are still at a loss.

They bought when the price was above 1,200 per lot, driven by market sentiment at the time.

I think the biggest role of gold’s decline is to help more beginner investors realize that no asset ever truly “won’t fall”—even gold can drop by more than 30%.

Once again, it proves this: certainty is the biggest obstacle on the road to investing, and excess returns are born in volatility.

Stablecoin yields are definitely pretty divisive right now.

Most mainstream protocols have fallen into the single digits. Want to get 10%+?

Basically, you’d have to crank 3–7x leverage on PT or Convex to pull that off, and the risk doesn’t scale anywhere near the same way.

On Berachain, these two pools have real sources of yield, meaning they’re sustainable at a long-term level.

First is Liquid Royalty’s Vault, with a peak of 30%+.

They have a public scanner—every transaction that underpins the yield can be traced, and the transparency is far stronger than most RWA projects.

Next, the Bend HONEY treasury: looking at historical performance, it has been able to maintain around 10% over the long run.

The logic is straightforward: the lending interest is directly distributed to depositors, plus PoL rewards. You can deposit and withdraw as needed, making it flexible.

A few real-world considerations:

The size isn’t huge—$100–200k is a comfortable range.

On Bend’s side, the HONEY minting and cross-chain experience could still use some optimization, and the looping feature is said to be rolling out soon.

But honestly, it’s getting hard to find double-digit stablecoin products that have real yield backing and aren’t just propped up by leverage.

They’re suitable as supplementary allocations for yield enhancement.

Keep watching the drama!

@Pumpfun: After just one month, for $30,000, you can buy out a competing product. There are also two other options available for @fomo users.

Strip away the crypto’s “decentralization” facade—inside, it’s all this most primitive, most ruthless kind of business infighting.

At the end of the day, it’s all just business.

Don’t take it too seriously. Don’t get too emotionally invested!

Pump is simply the most merciless cash-out machine of this cycle!

Today it also sold off nearly 85,000 SOL (6.25 million USD). In total, 4.82 million tokens have been shipped, with an average selling price of $167.

Unknowingly, it has already cashed out $800 million.

Everyone stays up late every day doing PVP bloodletting in Meme, dreaming of turning a bicycle into a motorcycle—only for it all to end up as a paycheck for the casino operators.

The only good news is that the never-ending transaction fees show that there are still people playing!

The fortifications stay solid, but the gamblers keep rotating.

An interesting point: in fact, the market will always test your limits. Any strategy is the same.

You think this time is probably not going to work, but there will definitely be a next time. No matter volatility or liquidity, you need to “break through” the so-called limit in order for returns to match the expected trend.
$XAUT

From a $25 million ledger balance to zero— a brutal collapse of a tech idealist in crypto!

The founder of ai16z delivers what is essentially a desperate farewell letter—it's truly heartbreaking.

In the end, the former top-tier darling meets its end with the foundation dissolved, the treasury emptied, and the token finally declared dead.

Here’s the full story from beginning to end:

1️⃣ Original intention & explosive fame: Shaw’s vision was to build a powerful underlying open-source AI Agent system. Later, it was renamed Eliza, using AI to empower a DAO.

Riding the hype wave, the related token ai16z once saw its market cap soar. Shaw’s personal paper wealth at one point reached as high as $25 million.

2️⃣ When the tide goes out: As the token price fell, no one cared anymore about the hardcore code they had shipped.

The community was filled with endless online abuse, insults, and childish complaints.

Shaw worked relentlessly, working himself into illness, yet every day he was pointed at and called a scammer.

3️⃣ The team gets out of control:

In order to make money to cater to the market, the team internally collapsed first.

Some people took paychecks to write competitors and then ran off. Some got addicted to drugs. Others turned on each other in internal conflict.

4️⃣ The fatal blow: The major holder Burwick, who was losing money, filed a lawsuit.

Because the team had no legal funds to counter, they were forced to compromise. They used all the remaining money and tokens in the treasury to complete the settlement—leaving their last cards completely exhausted.

5️⃣ Cutting ties & the rupture: Shaw announced he would completely give up the token.

He cleared his name, stating that he had only ever taken the dead-end wages of an ordinary programmer and had never cashed out. That $25 million paper balance went straight to zero.

Next, he will bring back Eliza’s IP to return to pure open-source AI development—forever, forever not letting Eliza touch tokens again.

In a tweet, Shaw said the community are man-children and gamblers. But if we zoom out, this is actually a tragedy caused by the crypto industry’s trust being thoroughly squandered.

Because over the past few years, there have been far too many projects that cut the rug without any bottom line.

Big promises, pump-and-dump arrangements,跑路 the moment of opening… they already drained the trust and confidence of token holders.

Now retail investors are afraid of being tricked, and everyone has completely lost the patience to stay long-term and watch a project grow.

As soon as the token price dips, everyone’s first reaction is: it’s over—I got trapped again; the project team will run away again.

This kind of extreme lack of security, PTSD, turns into verbal abuse and attacks against developers.

The cost is that real, genuinely good projects and builders who do solid work now find themselves in even harder circumstances.

A coworker got 13 million from a demolition compensation and still works a normal job.

We were all curious why he didn’t quit.

He said: I’m not afraid of being fired. There’s no need to compete with you all. It’s also good to find something to do.

He saved all of the demolition money.

No matter who approaches him to partner on a business or to invest, he refuses categorically!

The monthly interest is also quite a lot, and the family hired two maids.

One maid is specifically in charge of taking care of the children, and the other mainly handles household chores and looks after the elderly in the family.

He and his wife act like hands-off bosses, and they travel a few times every year.

In his usual routine, he works out at the gym—goes swimming, plays some ball games… his life is extremely carefree.

Guys and girls, if it were you—if you got 13 million from demolition, what would you choose?

What coins would you buy? Would you go all-in on $BTC ?

The current industry’s understanding of on-chain AI is generally still somewhat limited.

Most people are still focused on simple chat interfaces, or on a single layer of trading tools.

A typical single-point Bot can only handle some basic, surface-level automation.

Some Agents specialize in monitoring and cleaning market data, others focus on risk control, some are responsible for implementing strategy execution, and others dynamically adjust parameters based on changes in market conditions.

In other words, it’s no longer just a single AI soldier going into battle—it’s about building a complete on-chain AI autopilot system, where a group of agents work together to adapt to the real, complex crypto trading market.

I’ve also been continuously tracking the AgentFi sector. Once this narrative once again gains popularity, this underlying infrastructure logic for the next generation of the crypto world will have strong narrative momentum.

Last Friday, South Korea hit a circuit breaker after stocks surged, and we opened higher but then fell.

Today, South Korea has fallen to a circuit breaker, and our indices are all green; even the STAR Market is down more than 3%, continuing the pattern of following declines but not following gains.

At this point, domestic investors basically can exit. They have little in terms of their own views and simply watch overseas markets. Specifically, this breaks down into two parts:

For overseas supply-chain names such as optical communications, they follow the mood of the U.S. stock market;
for storage and semiconductor-related stocks, they track the storage-related trends across Japan, the U.S., and South Korea.

When overseas markets are unstable, A-shares continue to whipsaw. And the lack of follow-through, along with the shrinkage in trading volume and the resulting absence of real trading opportunities, is a major factor too.

There’s a kind of Schrodinger-like KOL.

When the market drops hard, they always jump out on time to say they’ve lost hundreds of thousands to tens of millions. After they lose, they quit the scene.

The moment there’s even a slight uptick, they jump back out immediately—claiming they made hundreds of thousands to tens of millions, like they’re printing money.

They’ve nailed every opportunity to get rich fast, yet they’re resolute about not taking profits and locking them in.

Now I get it—this is the traffic password of the crypto world.

If they profit, they make dreams for retail investors;

If they lose, they provide emotional value for everyone.

No way around it—people just love watching casino-style thrillers where it’s millions up or down at a moment’s notice, big swings and wild turns. It’s like a TV series.😂

Get rich only once—people come to this world for one purpose: to travel. To make the experience better, you should get rich. Don’t forget your goal. Don’t compete with other people and then end up going back to poverty.

If you’re already rich, whether you get even richer or a little less rich makes no real difference—except that it adds some fear. Never use leverage. Never put in all your initial capital. Keep potential losses under control.

The principles are written on your forehead—something you must always stick to, especially when faced with overwhelming temptation. When there’s temptation, set the principles aside. When the temptation is gone, stick to the principles again—what’s the point?

More comes in—this has a much bigger impact than what was revealed yesterday.

Galaxy Research found that in reality, 1,082 $BTC worth over $70 million was stolen, and nearly 1,200 addresses were compromised.

The attack actually ended in just 41 minutes. Coldcard’s official security warning wasn’t issued until 30 hours after the hacker got away with it.

Today I saw several victims on X crying about it. One foreigner put his entire life savings into it—one wave wiped him out completely.

This kind of infrastructure-level black swan—whoever runs into it is unlucky.

So what if you followed Not your keys, not your coins? Even if you bought the most hardcore cold wallet, the lock cylinder itself was rotten.

Understanding the Pullback in US Stocks: A Sharp Selloff Has Never Been Caused by a Single Factor, but by Multiple Forces Resonating at Once

When retail investors face a major drop in US stocks, they often try to attribute it to one specific piece of bad news. However, looking back at the years of major US stock pullback events, none of the crashes happened by accident. All of them are the result of a multi-factor resonance involving macro conditions, fundamentals, liquidity, and trading sentiment. Only by understanding the underlying logic can you break free from the emotional trap of chasing and selling in panic.

The core root cause of the decline in US stocks is always the Federal Reserve’s monetary policy. US stocks are a classic liquidity-driven market. Once inflation data bounces back or the Fed releases a more hawkish signal, the market will push back rate cuts—possibly even price in expectations of rate hikes. Rising US Treasury yields directly weigh on high-valuation tech growth stocks. The Nasdaq and the AI sector feel the pressure first. Combined with high interest rates remaining elevated for the long term, companies’ financing costs surge, market liquidity tightens, and risk assets naturally undergo an valuation pullback.

Second are market fundamentals and valuation risks. After the current long bull run led by US tech giants, valuations are already at historical highs. Positive expectations have been fully priced in, leaving very little room for error. If a mega-cap’s earnings report misses expectations, AI business profit realization falls short, or capital expenditures are too high, it can trigger large-scale profit-taking and an exit of capital. At the same time, weakening economic data and soft consumption can lead the market to worry that companies’ future earnings will decline, further intensifying panic.

The immediate trigger for the rapid plunge comes from the “stampede” effect in trading structure. Popular tech stocks have been crowded into long-term positioning, creating extreme overcrowding. Once the trend reverses, quantitative trading systems trigger stop-losses, options volatility spikes, and retail investors’ concentrated selling forms a negative feedback loop—turning a modest pullback into a rapid selloff. In addition, external negative factors such as a rebound in oil prices, geopolitical conflicts, and tighter industry regulation can further raise the market’s risk-off sentiment, accelerating capital outflows.

In fact, US stocks do not rise or fall by luck. With high valuations, tightening liquidity, and then the added effects of sentiment and capital stampedes, you get the complete closed loop behind a major selloff. The core of trading isn’t trying to predict every fluctuation—it’s understanding cycle logic, respecting market risk, staying clear-headed when markets get euphoric, and holding your true intentions when pullbacks turn into choppy consolidation.

Bera bend adds the “Clearstar Reactor HONEY” vault

Now the annualized yield for $HONEY (Bear Chain stablecoin) is 9.34%

Higher than the annualized yields of stablecoins on most CEXs

Deposit and withdraw anytime—no withdrawal cooldown period

If you’ve got some spare money and don’t know where to invest, you can jump in for an early position

⏩ Simple deposit process:

▪️Go to bridge.berachain.com/bridge/token and bridge your stablecoin from any chain to Bear Chain to convert it into $HONEY

▪️Then go to bend.berachain.com/lend to deposit $Honey—just leave it in there to earn interest with peace of mind

This is absolutely insane—assets in a cold wallet can still be stolen!

Coldcard Mk3 and early firmware had a fatal bug in its random number generator.

The entropy used for seed generation was only 72 bits, far short of the standard 128 bits, so hackers simply brute-forced it.

In just 15 minutes, 594 BTC were swept away; more than 500 single-sig wallets were wiped out in an instant, totaling 38 million+ in value

When managing large assets in Crypto, the most taboo thing is putting everything in one basket—always diversify, diversify, diversify!

📢 Validators & Vault Stakers, please note: complete RA update and migration by Aug 6

With the full rollout of PoL Next and BGT’s gradual exit, some rewards vaults are about to be adjusted:

🔹 Validators: Please update your reward allocation by Aug 6. If you do not update in time, the automatic reward allocation will be applied on your behalf.

🔹 Vault Stakers: Please promptly解除质押 (un-stake) and migrate to sWBERA to continue participating in the new yield system.

After vault changes, you can still perform actions to un-stake.

Crypto feels desolate!

Lately, 90% of the content published by crypto media and crypto KOLs has been about Korean stocks, US stocks, and A-shares.

Of the remaining half, one portion is busy fighting, and the other is lining up to flee.

Back when the market was bearish, everyone argued about who the Ethereum killer is / whether L2 has meaning / what the next cycle’s 100x coin will be.

Even though they fought, at least deep down they still had a belief—they were still debating a future.

In a situation like this, indifference is the most dangerous thing.

Hyperliquid’s needle insertion by Hailishi makes me think of a saying:

Making money depends on judgment; staying alive depends on risk control.

Many people review the market and always end up discussing where to buy and where to sell.

But actually, the most important thing is:

If the market suddenly throws you a needle, can you still stay at the table?

Being right on direction doesn’t mean the process won’t be wildly volatile.

Especially when leverage is involved.

A lot of positions die from these needle moves. Once the needle is inserted, the price and trend both return.

The only change is that your position is gone.

The interest-bearing stablecoin syzUSD, issued by @YuzuMoneyX, has been integrated into Bend's Clearstar Reactor HONEY vault as collateral asset.

- Users holding syzUSD can deposit it as collateral to borrow $HONEY

- syzUSD continues to accrue interest during the collateral period, with no interruption to asset efficiency

- @ClearstarLabs' HONEY Reactor vault has synchronized and allocated funds to the syzUSD market

Currently, Bend's Clearstar Reactor HONEY vault supports three yield-bearing stablecoin assets: sUSN, savUSD, and syzUSD.

While maintaining capital utilization efficiency, users gain more diverse on-chain yield strategies and asset allocation options.

👉 View details:
bend.berachain.com/lend