I am currently only working at Pi Network @PiCoreTeam and, once a year, teaching a class at Stanford. I am not advising or working with any other projects.
10 of my friends made $100k+ last bull run. 9 of them ended it with almost $0 (including me). Most people will end this bull market with $0. They will make same mistakes that will cost them all profits. Here're 15 mistakes to AVOID in bull markets 🧵👇 ➮ I will reveal a secret that many are not even aware of - most of you will end this bull market with $0 ✧ You will make preventable mistakes that cost life-changing wealth, and that's normal, everyone does it ✧ But you have a chance to avoid them by reading this thread: ➮ Framework is everything ✧ Most of us are here to make as much money as possible ✧ But few truly understand what they are doing ✧ Selling a blue chip to invest in a shitcoin or adding to a margin call, etc But here's how it should look: ➮ You should have 3 portfolios: 1) Long-term with mostly blue chips, $BTC, and $ETH that are held on a cold wallet 2) Mid-term with alts from the current narratives of the cycle 3) Short-term, degen/gambling plays Profits should rotate to strong and safe projects ➮ Nothing repeats twice in the same way ✧ There are really cycles in crypto, but that doesn’t mean you can repeat all the same actions and earn money ✧ Cycles are cyclical but play out differently, so stay flexible The only thing that is always the same is human psychology ➮ Fundamentals over Pumpamentals A bull market is all about speculations, so don’t overdo the analysis Look for projects that can create hype, have an interesting story, and where people understand what they’re doing Too much reliance on only fundamentals will get you wrecked ➮ TP/SL ✧ The most common issue is never taking profits (TP) and setting stop-losses (SL) ✧ And it mostly happens because we don’t have a specific plan before purchasing a token and just go with the flow So, what should you do before investing: ➮ Before investing, define the goal of your investment and what you are doing: • Degen/gamble • Mid-term/narrative • Solid/long-term Based on this, you will be able to set TP and SL accordingly ➮ Riding Narratives ✧ The key to success in crypto is finding the narrative early ✧ And you need to ride them as hard as possible ✧ Find the trend, see the potential, invest, and take profits ➮ Too diversified/under diversified ✧ Diversification is necessary for a slightly larger portfolio ✧ But over- or under-diversification will lead to losing everything ✧ You can't keep up with that many projects, so focus on 5-10 projects ➮ Rotating Every Second ✧ Narratives last quite a long time in a bull market, from 3 to even 10 months ✧ So, don't rotate yourself out of profits ✧ Wait for the right moment for both investing and taking profits Like if the trend appears in X too much, time to take profit ➮ Cognitive Biases ✧ One of the biggest mistakes for most people, including more experienced ones in crypto, is that they succumb to cognitive biases To avoid this, you need to know them There are too many, so I’m just leaving a thread with 20 ➮ Fading Momentum ✧ Let’s say the token you didn't invest in has given a 100% increase ✧ Now you think it’s too expensive, and the price might give another 5x ✧ Remember, this is a bull market, and price is a narrative So don’t hesitate too much ➮ Liked this thread? I write educational threads daily, so don't forget to: ✧ Follow me 🙂
Plume and Shinhan Put The Korean Won To The Tokenization Test
Shinhan Asset Management has signed an MOU with Plume Network (@plumenetwork) for a KRW-denominated tokenized fund PoC.
The pilot will use Shinhan’s KRW ultra-short-term bond funds as underlying assets. Plume will test tokenization, distribution and compliance infrastructure for offshore markets.
According to the press release, the companies will benchmark BlackRock’s BUIDL model during the demonstration. The PoC will test KYC, AML and whitelist-based transfer restrictions.
The project does not involve actual issuance or distribution at this stage. $PLUME
Sui is starting to feel less like “another L1” and more like an ecosystem that’s quietly becoming its own economy
You’ve got DeFi, consumer apps, gaming, stablecoins, NFTs, infra and some of the strongest community conviction in the space all building on the same rails
And the interesting part?
A lot of this is happening while the broader market is still deciding whether @SuiNetwork is “real.”
By the time the narrative becomes obvious, the positioning phase will probably be over
Smart capital isn't chasing flashy APYs or recycled token narratives anymore It's chasing real-world liquidity and capital efficiency @SuiNetwork is building both > @tradeonhudi brings 24/7 leveraged perps for Asian equities listed on Korean and HK markets. Liquidity stays deep outside market hours, that's a huge unlock > Hashi, created by @Mysten_Labs, turns idle BTC into productive capital without taxable events. Hashi is built to be self-custodial with top-tier security as well. Early supporters are BitGo, Bullish, Erebor Bank, FalconX, Fordefi, and Ledger. > @AftermathFi Perps v2 returns with rebuilt contracts, a new integrator model, and fresh afLP liquidity. It could reignite Sui DeFi when volume returns. Kudos to @0xairtx and @KevinAftermath for getting this back up Feels like the market is still underestimating where this ecosystem is heading And feels like $SUI is still massively undervalued
$PLUME : Review 📜 What if the institution that quietly settles $114 trillion of the world's securities invited a crypto network to help write the rules for putting those securities on-chain? Meet Plume, an RWA-native blockchain that on August 6 joined the DTCC Digital Assets Solutions Industry Working Group alongside Charles Schwab, Nasdaq, and Alpaca. It earned that seat the hard way, by becoming one of the first blockchain-native companies registered with the SEC as a transfer agent, which lets it keep official ownership records for tokenized securities. Let's explore what that seat actually means, and what it does not. 👇 ⚪ Plume at a Glance Marketplace Insight: Plume competes in the most credential-driven corner of crypto, where a licence matters more than a benchmark. Its genuine differentiator is regulatory infrastructure: an SEC-registered transfer agent through Kimber, an ADGM licence, in-principle Bermuda approval, and real deployments from WisdomTree, Apollo, Invesco, and EY. The clean contrast, and the part worth stating plainly, is that the DTCC working group is a seat at a standards table with over a hundred members, not a commercial integration. DTCC has published no Plume-specific connection, and its July production trades ran on Besu and Canton rather than Plume. The credential is real. The selection has not happened. ⚪ Mission Plume exists to make tokenized real-world assets usable rather than merely issued. The argument is that the first wave of tokenization solved the wrong half of the problem, putting assets on-chain without giving investors anywhere to use them, so Plume focuses on what it calls Open Finance: distribution into the channels where users already are, with compliance, transfer agency, and cap-table records handled at the infrastructure layer so institutions can participate without leaving their regulatory obligations behind. 🔵 A Brief History Plume was founded by Chris Yin and Teddy Pornprinya, combining venture and product experience from Scale Venture Partners with exchange and business development backgrounds from Binance and Coinbase Ventures. The company raised $30M across seven rounds beginning in 2024, and PLUME first traded in January 2025 on Uniswap V3, peaking at $0.240 that March. The decisive move came in October 2025, when Plume became one of the first blockchain-native entities registered with the SEC as a transfer agent through Kimber Transfer Agency, which it wholly owns. That status lets it legally manage shareholder records, process ownership changes, and report cap tables directly to regulators and to infrastructure providers including DTCC. Institutional deployments followed quickly: WisdomTree launched 14 tokenized funds, Apollo Global deployed $50M in private credit through Grove and Centrifuge, Invesco moved a $6.3 billion senior loan strategy on-chain, EY selected Plume to host Nightfall, and Mastercard accepted the company into Start Path. 2026 has been about distribution and regulatory breadth. Plume secured an ADGM licence and in-principle approval for a Bermuda Class M Digital Asset Business Licence, integrated the KRW1 stablecoin for Korean institutional access, and partnered with Securitize. Q2 closed with over $115M in RWA TVL and more than 200,000 holders, alongside a $100M allocation from ether fi into Plume vaults, earn integrations with Bybit, Reah, and GRVT, and new products including nOPAL and the FALX facility with FalconX. On August 6, Plume joined the DTCC working group. 🔵 Ecosystem Narrative The organizing idea is that tokenization only matters if the assets end up somewhere useful, so every layer targets distribution and compliance rather than issuance alone. ➛ Regulatory infrastructure. An SEC-registered transfer agent through Kimber, plus ADGM and pending Bermuda licences, letting Plume maintain official onchain ownership records for tokenized securities, the credential that distinguishes it from chains that only host assets. ➛ Institutional asset base. WisdomTree's 14 tokenized funds, Apollo private credit, Invesco's senior loan strategy, and Securitize integration bring genuine managers rather than crypto-native wrappers. ➛ Plume Vaults and Open Finance. Unified vault products including a Base Yield Vault around 4.5% built on AAA CLOs and investment-grade bonds, plus higher-yielding products like nOPAL, backed by Brazilian credit card receivables. ➛ Distribution partnerships. Earn integrations with Bybit, Reah, and GRVT, a $100M ether fi allocation, and LI FI Earn enabling one-click deposit flows with built-in compliance checks, pushing tokenized yield into channels users already hold accounts in. ➛ Multi-chain reach. nOPAL live on Plume, Solana, and Avalanche, extending products beyond the home chain to where liquidity already sits. ➛ Standards participation. Membership in the DTCC working group and a general counsel who has testified in Washington alongside SIFMA, NYSE, and DTCC, giving Plume a voice in how tokenized securities settle. ⚪ Token Utilities $PLUME is the native asset of the network, with demand tied to activity rather than fee capture. ➛ Gas: pays for transactions and contract execution across the Plume chain. ➛ Staking and security: staked to help secure the network and earn rewards. ➛ Governance: holders vote on protocol parameters and network direction. ➛ Ecosystem access: underpins vault activity, incentive programs, and the RWA products deployed across the network. ⚪ Key Features ➛ An SEC-registered transfer agent, rare among blockchain-native companies. ➛ Compliance, transfer agency, and cap-table records built into the infrastructure layer. ➛ Institutional deployments from WisdomTree, Apollo, Invesco, and EY. ➛ Leading the RWA category by holder count with over 200,000. ➛ Plume Vaults spanning investment-grade credit through higher-yield receivables. ➛ Distribution through Bybit, ether fi, LI FI, and multi-chain product availability. 🔵 Meet the Team Plume pairs crypto-native operators with genuine regulatory and capital-markets expertise, which matters because its entire thesis rests on credentials rather than throughput. ▶️ Core Members: ➛ Chris Yin [ @chriseyin ] - Co-Founder and CEO | Came from Scale Venture Partners and Rainforest QA with a product and venture background, and leads strategy and the institutional partnerships that have brought managers like WisdomTree and Invesco onto the network. ➛ Teddy Pornprinya [ @teddyP_xyz ] - Co-Founder and CBO | Previously at Binance and Coinbase Ventures, he runs business development and the exchange and distribution relationships behind the Bybit and multi-venue earn integrations. ➛ Salman Banaei [ @banamlas ] - General Counsel | The load-bearing regulatory hire. He has testified in Washington on the future of tokenization alongside executives from SIFMA, NYSE, DTCC, and the Blockchain Association, and anchors the licensing work behind the transfer agent, ADGM, and Bermuda approvals. ➛ Shukyee Ma [ @sasagoongooncat ] - VP of Strategy | Drives strategic direction across the network's institutional positioning and its Open Finance distribution thesis. ➛ James Friel [ @James__Friel ] - Head of Ecosystem | Owns ecosystem growth and the builder relationships behind the vault products, integrations, and multi-chain deployments. ➛ Ryan Wen [ @TripleVodkaSoda ] - Head of Ops and Strategy | Runs operations alongside strategy, coordinating the execution behind the institutional onboarding and product rollout. ➛ Kimber Transfer Agency | The load-bearing entity. A wholly owned, SEC-registered transfer agent that lets Plume maintain official ownership and cap-table records for tokenized securities, the credential underpinning its institutional positioning. 🔵 Ratings ➛ Use Case: ★★★★⯪ (4.5/5). Plume leads the niche it competes in, RWA-native infrastructure, and the leadership is verifiable rather than asserted. It holds SEC transfer agent registration, an ADGM licence, and pending Bermuda approval, and it has attracted genuine institutional deployments from WisdomTree, Apollo, Invesco, and EY rather than crypto-native repackaging. It leads the RWA category by holders with over 200,000, and the Open Finance distribution push through Bybit, ether fi, and LI FI addresses the real bottleneck, which is that tokenized assets are useless if nobody can reach them. The 0.5-point deduction is scale. RWA TVL in the low hundreds of millions is modest against a tokenized asset market above $34 billion, and competition from Canton, Ondo, Securitize, and Centrifuge is formidable and well funded. ➛ Tokenomics: ★★★★ (4/5). The structure is genuinely healthy for a recent launch. A fixed 10B maximum with no perpetual inflation, roughly 62% of supply already circulating, and real base-layer utility across gas, staking, and governance tied directly to network activity. That float is far cleaner than most 2025 and 2026 launches, which typically list with 15% to 20% circulating and years of cliff unlocks ahead. The 1-point deduction is the remaining overhang and the accrual path. Roughly 3.7B tokens are still locked against an FDV near $124M, and there is no burn or revenue-share mechanism routing the value of institutional assets on the network back to holders, so the token benefits from RWA adoption indirectly through gas and staking demand that settlement activity generates sparingly. ➛ Audits: ★★★★⯪ (4.5/5). Plume holds a verified CertiK Skynet Score of 87.58 (AA), backed by a completed CertiK audit, team verification, an active bug bounty, and a verified contract, with three audit reports publicly available. That is a genuine top-tier verified score and the bar for this tier, and it sits alongside a compliance architecture most chains cannot match, including regulated transfer agency, AML tooling, and transaction controls. The 0.5-point deduction stays honest even here: the network's real risk surface extends beyond smart contracts into off-chain transfer agency records, custody of tokenized assets, and the integrity of the institutional issuers whose products sit on the chain, none of which a contract audit certifies. ➛ Community: ★★★★ (4/5). Plume's community is unusual in that its most important constituency is institutional rather than retail, and on the metric that matters it genuinely leads, with over 200,000 RWA holders, more than far larger chains have attracted for tokenized assets. The builder ecosystem is real, with vault products, multi-chain deployments, and integration partners actively shipping. The 1-point deduction is that retail mindshare and social engagement remain modest relative to the institutional profile, and recent attention has been driven by the DTCC headline rather than sustained protocol usage. 🔵 Conclusion Plume has built something genuinely difficult in a category full of announcements: regulatory infrastructure that actually functions. An SEC-registered transfer agent, an ADGM licence, pending Bermuda approval, and a general counsel testifying in Washington are not partnership tweets, they are credentials that took years and that most crypto projects cannot obtain at all. On top of that sit real deployments from WisdomTree, Apollo, Invesco, and EY, category leadership by holder count, and a verified AA security score. The bull case is specific. If tokenized securities genuinely settle through mainstream infrastructure when DTCC's service launches in October, the networks that already hold transfer agent registration and have institutional assets deployed are the ones positioned to plug in. Plume did the unglamorous regulatory work first and the distribution work second, which is the correct order and the harder one. It has earned its seat at the table. What it has not yet earned, and what the next year will decide, is the business that comes from sitting there.
Plume has joined The Depository Trust & Clearing Corporation (DTCC) Digital Assets Solutions Industry Working Group, joining industry leaders such as @CharlesSchwab, @AlpacaHQ, and @Nasdaq, who are also members. The group was created to provide feedback on the DTCC Tokenization Service and facilitate ongoing, robust dialogue that drives widespread digital assets adoption and advances innovation. @The_DTCC provides custody and asset servicing for over $114 trillion in assets and is the premier post-trade market infrastructure for the global financial services industry. We look forward to contributing to this initiative and leveraging our expertise in compliance standards to the work the Digital Assets Solutions Industry Working Group is doing. We work with world-class security partners to scan every transaction at the sequencer level, before it's ever included onchain. Through Kimber Transfer Agency, a SEC-registered transfer agent, Plume maintains an official record of ownership for tokenized securities. What do you think about $PLUME #bullish
LATEST: ⚡️ $SUI i says it's adding two NIST-approved post-quantum signature schemes for native accounts and smart contract vaults to guard against future quantum attacks.
IRAN THREATENS MILITARY ACTION AMID TRUMP TENSIONS Iran's military has issued a warning of a powerful attack on predetermined targets, escalating tensions following repeated threats from Trump. Traders should monitor potential impacts on oil prices due to geopolitical risks.