Sujal
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Sujal
passionate for crypto education
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🇰🇷 SOUTH KOREA TO TAX CRYPTO FROM 2027
South Korea will begin taxing crypto gains from January 2027
💰 20% tax on gains above ₩2.5M annually
With local tax, the effective rate reaches 22%
South Korea will begin taxing crypto gains from January 2027
💰 20% tax on gains above ₩2.5M annually
With local tax, the effective rate reaches 22%
🇮🇳 INDIA PICKS 20 HOMEGROWN AI MODELS
India selected 20 Indian AI models under the IndiaAI Mission for government support
🤖 SarvamAI is also building a trillion+ parameter AI model, targeting 5× lower costs than global rivals
India selected 20 Indian AI models under the IndiaAI Mission for government support
🤖 SarvamAI is also building a trillion+ parameter AI model, targeting 5× lower costs than global rivals
MOONPAY LAUNCHES PAYBOX
MoonPay’s new PayBox lets users move, trade, and spend money through ChatGPT and Claude prompts
AI-powered payments are here
MoonPay’s new PayBox lets users move, trade, and spend money through ChatGPT and Claude prompts
AI-powered payments are here
📈 Robinhood Q2 Revenue Hits Record $1.31 Billion
Robinhood's second-quarter net revenue rose 32% year-over-year to a record $1.31 billion, with net income increasing 48% to $573 million.
Transaction-based revenue grew 44% to $776 million, driven by event contract revenue of $156 million, up more than 10x.
Robinhood's second-quarter net revenue rose 32% year-over-year to a record $1.31 billion, with net income increasing 48% to $573 million.
Transaction-based revenue grew 44% to $776 million, driven by event contract revenue of $156 million, up more than 10x.
TradFi Perpetuals Open Interest Tops $2B 📈
TradFi perpetual open interest has doubled to over $2 billion since May, according to a CryptoQuant analyst
Binance now holds nearly 35% of the open interest across both crypto and TradFi perpetual markets, further strengthening its market dominance
TradFi perpetual open interest has doubled to over $2 billion since May, according to a CryptoQuant analyst
Binance now holds nearly 35% of the open interest across both crypto and TradFi perpetual markets, further strengthening its market dominance
FOMC Rate Decision Tonight 🇺🇸
🕦 11:30 PM IST
• 66.3% odds of a pause
• 33.7% odds of a rate hike
⚠️ Expect high volatility across crypto, stocks, and gold
🕦 11:30 PM IST
• 66.3% odds of a pause
• 33.7% odds of a rate hike
⚠️ Expect high volatility across crypto, stocks, and gold
Binance Helps India Bust Major Darknet Drug Network 🇮🇳
Binance helped India's NCB trace on-chain transactions, leading to the takedown of a major darknet drug network
Binance continues to work with global authorities to help combat illicit activity across the crypto ecosystem 🚔
Binance helped India's NCB trace on-chain transactions, leading to the takedown of a major darknet drug network
Binance continues to work with global authorities to help combat illicit activity across the crypto ecosystem 🚔
🇷🇺Russia Issues Arrest Warrant for Telegram Founder
Russia has issued an international arrest warrant for Telegram founder & CEO Pavel Durov
Authorities accuse him of "facilitating terrorism" over Telegram's alleged failure to remove certain channels used by Ukrainian groups to coordinate attacks
Russia has issued an international arrest warrant for Telegram founder & CEO Pavel Durov
Authorities accuse him of "facilitating terrorism" over Telegram's alleged failure to remove certain channels used by Ukrainian groups to coordinate attacks
Emirates Starts Accepting Crypto Payments 🇦🇪
Emirates, the UAE's largest airline, now accepts cryptocurrency for eligible flight bookings via its official website and mobile app
Passengers can pay using Cryptocom Pay for AED-settled tickets, marking another major step toward mainstream crypto adoption ✈️
Emirates, the UAE's largest airline, now accepts cryptocurrency for eligible flight bookings via its official website and mobile app
Passengers can pay using Cryptocom Pay for AED-settled tickets, marking another major step toward mainstream crypto adoption ✈️
"Volatility sucks."
hosseeb runs Dragonfly's $4B fund and says he's not a gambler.
hosseeb runs Dragonfly's $4B fund and says he's not a gambler.
Microsoft Claims AI Cybersecurity Lead
Microsoft says its MDASH AI outperformed Anthropic's Mythos 5 at half the cost
📊 CyberGym Scores:
• MDASH: 95.95%
• Mythos 5: 83.8%
• GPT-5.6 Sol: 83.6%
⚠️ Results are self-reported and not yet listed on CyberGym's public leaderboard
Microsoft says its MDASH AI outperformed Anthropic's Mythos 5 at half the cost
📊 CyberGym Scores:
• MDASH: 95.95%
• Mythos 5: 83.8%
• GPT-5.6 Sol: 83.6%
⚠️ Results are self-reported and not yet listed on CyberGym's public leaderboard
Most people don't know how to use AI to create real value.
hosseeb says that's exactly the opportunity:
"If you just invest a little bit more, go a little bit farther — you can capture a lot more value than someone else."
hosseeb says that's exactly the opportunity:
"If you just invest a little bit more, go a little bit farther — you can capture a lot more value than someone else."
🤖 TECH GIANTS FORM OPEN AI SECURITY ALLIANCE
NVIDIA, Microsoft, IBM and Cisco join forces
New group: "Open Secure AI Alliance."
Mission: strengthen open-source AI security
Focus on shared standards and safer systems
A major push for trusted AI infrastructure
NVIDIA, Microsoft, IBM and Cisco join forces
New group: "Open Secure AI Alliance."
Mission: strengthen open-source AI security
Focus on shared standards and safer systems
A major push for trusted AI infrastructure
MSFTUS+9.68%
NVDAUS+1.67%
CSCOUS+1.37%
hosseeb's rule #1 for surviving crypto cycles:
→ Stay in the game
→ Don't get kicked out at the bottom
→ Only survivors get to see what it becomes
→ Stay in the game
→ Don't get kicked out at the bottom
→ Only survivors get to see what it becomes
Zcash Ironwood Upgrade Goes Live Tomorrow
The Ironwood upgrade could reveal whether fake $ZEC was ever created through a bug in Zcash's private Orchard pool
As users migrate their ZEC to the new pool, every coin leaving the old pool will be counted
If more ZEC is withdrawn than was originally deposited, it could expose counterfeit coins 👀
The Ironwood upgrade could reveal whether fake $ZEC was ever created through a bug in Zcash's private Orchard pool
As users migrate their ZEC to the new pool, every coin leaving the old pool will be counted
If more ZEC is withdrawn than was originally deposited, it could expose counterfeit coins 👀
Fake Apps Found on App Store & Play Store
Fake apps were found on both stores, targeting iOS and Android users
They scanned photo galleries using OCR to find seed phrase screenshots and uploaded them to attackers' servers
⚠️ Never save your seed phrase as a screenshot Keep it written offline instead
Fake apps were found on both stores, targeting iOS and Android users
They scanned photo galleries using OCR to find seed phrase screenshots and uploaded them to attackers' servers
⚠️ Never save your seed phrase as a screenshot Keep it written offline instead
Banks vs crypto
the real difference isn't tech. It's trust.
hosseeb:
"What you're ultimately trusting is that intelligence lives within the bank. Crypto has not had that."
the real difference isn't tech. It's trust.
hosseeb:
"What you're ultimately trusting is that intelligence lives within the bank. Crypto has not had that."
Want a busy CEO to actually respond to you?
hosseeb (Dragonfly Managing Partner) says don't treat them like a friend:
→ High context
→ Low throughput
→ Only ping when you have real value to give
hosseeb (Dragonfly Managing Partner) says don't treat them like a friend:
→ High context
→ Low throughput
→ Only ping when you have real value to give
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