CENTCOM's Trap Forces IRGC Into No‑win Scenario
Ram’s framing on @bitsandbips this week: CENTCOM didn’t just enforce a blockade — they engineered a trap. The IRGC can’t escalate without making things worse. Can’t stand down without losing. @ramahluwalia @austincampbell @perkinscr97 https://t.co/0HvJUbEl3b
MicroStrategy's Dividend Model Unsustainable without Bitcoin Gains
Ram Ahluwalia’s framing on MicroStrategy on Bits + Bips is 🎯: billions in preferred dividends owed, zero operating cash flow to cover them, and a capital structure that only works while Bitcoin goes up. With Austin Campbell & Chris Perkins...
Blockade Squeezes IRGC While Bitcoin Fuels Crypto Shifts
The @bitsandbips crew cover 🪨 how the blockade puts the IRGC between a rock and a hard place 🎯 MicroStrategy's capital structure only works while Bitcoin goes up 🤔 whether Mythos is a real threat or great marketing @austincampbell @perkinscr97 @ramahluwalia...
Crypto Roundup: Goldman ETF, Circle Token, Security Breaches
In today's Unchained Daily newsletter: 🔥 Goldman Sachs files with the SEC for a Bitcoin covered-call ETF designed to generate monthly income 🔵 Circle CEO teases a native token for its Arc blockchain at a Seoul event 🛡️ CoW Swap...
SEAL Alliance Offers Essential Crypto Security Playbooks Amid Rising Threats
.@_SEAL_Org has been publishing "the most practical tips" for crypto operations and security, like for multisigs. They ask teams to think about what privileged actions should exist, they have playbooks for incident response, how to coordinate disclosures, etc. -- @TuongvyLe12...
Bitcoin Proves Skeptics Wrong, Defying Maxis' Limits
Non-bitcoiners said Bitcoin can’t do this. Bitcoin maxis said it shouldn’t. And yet … here we are. Thanks @citrea_xyz for sponsoring Unchained & showing “Yes, we can” Who’s actually right now? 👇 https://t.co/XysjdZJLXe https://t.co/AttQpHMbae
Reg Crypto Grants Early Projects Four-Year Fundraising Window
"It sounds like Reg Crypto will create a regime for crypto fundraising with early stage crypto projects getting four years of breathing room ... " 💸 -- @TuongvyLe12 https://t.co/AttQpHMbae
SEC Crackdown Spurs Clearer Crypto Regulation Guidance
"In 2022/2023, my work would be violently disrupted by a new enforcement action by the SEC and I'd have to figure out what it meant for crypto ... and now it's new guidance." 😍 -- @kkirkbos "This is a much...
Debit Cards Deserve Higher Rewards, Not Just 3%
Unpopular opinion, your debit card might be a scam 😉 3% back on everything should be standard. 15% on food & rides shouldn’t sound crazy. At least @ether_fi is fixing it. Are people actually okay with what banks offer right now? 👇 https://t.co/pVQy3N5r0n https://t.co/HUsPZNSvBO
SEC Permits DeFi Front‑ends for Non‑securities, Expires in Five Years
"The SEC gave staff guidance (not as important as commission-level guidance) just released a statement about broker-dealer registration of front-ends and interfaces in DeFi ... And from my reading, it permits front-end DeFi swapping of crypto non-securities, so you can...
US Removes Anthropic, Raises Private AI Power Concerns
🇺🇸 vs 🤖: "The US government is pulling Anthropic out of all systems to the government, saying, 'Nah, we don't want it.' "Then, does that mean that this private company will have more powerful capabilities than our own government?" --...
Anthropic Grants $100M to Boost AI via Glasswing
Anthropic gave Mythos and $100 million of credits to these tech companies so they can shore up their own systems. "And the name of this project, Glasswing, is a butterfly that hides in plain sight." 😨 -- Jessi Brooks on...
Quantum Threats Could Undermine Bitcoin’s Private‑Key Ownership
"The question quantum raises for me as a laywer is that Bitcoin's notion of ownership rests on you owning your private key. But if quantum allows someone else to make that signature, then whose bitcoin is it?" -- 👀 @kkirkbos https://t.co/jY4EquQA7V
Quantum Tech Unnerves TradFi, Sparks Bitcoin Debate
Quantum is freaking out TradFi on bitcoin. "I had dinner with a TradFi person and the first quesiton they asked me was 'What do you think about quantum?'" -- @kkirkbos https://t.co/AttQpHMbae
Bitcoin Leads Market Rally Amid Geopolitical Turmoil
Bitcoin held above $65K through an active military conflict. Gold sold off. Oil spiked. And when the ceasefire hit, crypto rallied first. The asset class correlation story is changing in real time. @KavitaGupta19 @bitsandbips 🎧 Timestamps: 🌐 Is geopolitical chaos reshaping...
Kraken Extortion, Stablecoin Yield Draft, Bitcoin Rebounds
In today's @Unchained_pod Daily newsletter: 🔥 Kraken is being extorted by criminals threatening to leak client data videos — the exchange says it won't pay 📜 Senator Tillis plans to release stablecoin yield draft language this week as bank-crypto tensions peak 📈 Bitcoin...
Yield Farming Bot Improvises When Steps Fail
I found Kain's story about his autonomous yield farming agent hilarious 😂 It improvised when a step failed, before checking whether it could get the token back
Crypto Must Solve Real Banking Problems, Not Hype
"Crypto's focus on real problems rather than buzzwords like 'agentic commerce' ... we gotta get out of this Star Trek future and focus on problems today with banks, credit, and money movement that a defined customer segment has." -- @ramahluwalia...
Crypto's New Catalyst: Attention Over Traditional Triggers
"In the last couple years, we had powerful catalysts: we're going to replace Gensler, we're going to have bitcoin ETFs, Circle's going public, but what are the catalysts now? Crypto assets are *attention* assets." -- @ramahluwalia https://t.co/8abZjDzJA3
Dolomite Loan Risk Could Jeopardize WLFI and Clarity
"I worry if WLFI takes on bad debt due to this Dolomite loan, then I worry that it hinders Clarity" 😬 -- @austincampbell yikes ... https://t.co/8abZjDzJA3
Campbell Blames Gensler's SEC for Crypto Chaos
WLFI vs. Justin Sun. @austincampbell blames Gary Gensler 👀 "Losers here include both political parties. But the reason we're living here right now is because of Gensler's SEC from 2020-2024. I think they should have gotten in front of these problems." https://t.co/nUHhdLDsAG
WLFI's Token Collateral Sparks Valuation Transparency Debate
WLFI vs Justin Sun 👀 @justinsuntron said: "WLFI treats investors like a personal ATM" Given that they're using their own governance token as collateral, how do you value that? @perkinscr97: "The good news is that our markets are transparent. You can watch wallets...
Bitcoin Gains Application Layer with Live cBTC & ctUSD
Bitcoin just got its application layer. 🧱⚡ Thanks to @citrea_xyz for sponsoring Unchained and for expanding what BTC can actually DO: 👉cBTC: trust-minimized BTC on a programmable platform 👉ctUSD: a native Bitcoin stablecoin 👉Bitcoin Capital Markets bringing real utility to the network Mainnet is LIVE....
MicroStrategy's Bitcoin Funding Risks Dilution on Price Drops
"Microstrategy is a capital markets issuance MACHINE. It's a 9th wonder of the world. ... But will they have to sell their common stock? That's dilution. If Bitcoin doesn't keep going up, you'll have to sell at the worst time."...
Buybacks Drive Returns; High Prices Limit Gains
"Apple wouldn't be where it is today if it weren't for those buybacks. Now, stocks go up if your capital allocation is productive. It's the #1 driver of stock price returns. So if you're buying a stock at too high...
Ram Warns AI-Driven Mythos May Spawn Zero‑day Threats
Why Ram is skeptical about the dangers of Mythos: "When they announced Mythos, security stocks went into a tailspin. ... I don't know how many vulnerabilities are waiting to be zero-day exploited by AI." -- @ramahluwalia https://t.co/nUHhdLDsAG
Crypto Timing Matters: Friday Better than Today
Ram on timing purchases of BTC and crypto 😆 "The problem with this podcast is that the day matters. I wouldn't have bought today, but I would have Friday." https://t.co/nUHhdLDsAG
Stay Long Despite Expected Red Days, Says Ram
How Ram is thinking about this market: "The bias should be to get long. I do think you'll see more red days this week, but the bias should be to get long." -- @ramahluwalia https://t.co/8abZjDzJA3
Post‑correction, Targeting Biggest AI Sell‑offs
"The AI apocalypse trade has taken too long here. In the last six weeks, you had a 9% correction in the S&P, so those categories that sold off the most are where I'm focusing." -- @ramahluwalia https://t.co/nUHhdLDsAG
CENTCOM's Strike Forces IRGC to Choose Peace or Retaliation
"They've now seen peace for the last two weeks ... they say, we can build off this, or we can contest and strike back and escalate. This is the best move CENTCOM could have done. The ball is now in...
Circle Could've Frozen Stolen USDC but Didn’t
I asked @Amanda_S_Wick why Circle didn't freeze the stolen USDC. She said: it's not that they can't. It's that they chose not to. They have the tools. They have the mandate. They watched it happen for 6 hours. And they...
Choosing to Exclude Crypto From Your Portfolio
"It's an active decision at this point not to have any sort of crypto in your portfolio." @JSeyff. Short clip — worth the 40 seconds: https://t.co/lwL60I8vWq
Wirehouse Pivots: From Crypto Ban to Market‑lowest Fees
What does it mean when the biggest wirehouse in the US goes from "no crypto ETFs" to "lowest fee on the market" in under a year? I asked @JSeyff. Here's the clip”: https://t.co/WhmDyGc7C9
Build Useful, Desired Products to Secure Regulatory Progress
What I keep coming back to from @DEXintheCityPod this week is @HesterPeirce’s urgency. "Time flies. Build useful stuff, stuff that people want to keep around." That’s the strategy for making regulatory progress stick. @kkirkbos @TuongvyLe12 https://t.co/srw2dBzuXR
North Korea’s $1M Trust‑Building Campaign Reveals Nation‑State Threat
"Fully constructed identities, including employment histories, public facing credentials and professional networks." DPRK spent 6 months building trust with Drift. They met people in person at multiple conferences. They deposited $1 million. This is nation-state-level work — and it’s f*ing...
Morgan Stanley's Low-Fee Bitcoin ETF Signals Industry Pivot
I asked @JSeyff why he tweeted "WOW" in all caps when Morgan Stanley filed for a Bitcoin ETF — and the answer gets at something real about how this industry works. Timestamps: 🚀 0:00 Introduction 💰 2:12 How MSBT performed on day one,...
Skill Files Turn Crypto Novice Into Expert Instantly
"It makes an agent go from IQ 60 about crypto to IQ 140 in one read." @kaiynne on skill files. @austingriffith built https://t.co/KqVGpnWHLj to do exactly that — and explains why every protocol should have one. With @tayvano_ on Uneasy Money https://t.co/W3m5J8UDQx
Balancer V2's Collapse Signals AI-Driven Crypto Future
Balancer V2 ran for five years. Then it got popped for hundreds of millions. @austingriffith says this is what the next phase of AI looks like for crypto. @kaiynne @tayvano_ : https://t.co/omNS5FIXsc
Mythos AI Finds 20 Zero‑days, Poised to Crack Smart Contracts
Anthropic's Mythos model is so powerful they restricted it to 12 partners and a $100M compute budget. It's already found 20 zero-days in legacy software. @kaiynne and @tayvano_ want to know when it finds the first one in a smart contract. New...
Bitcoin Bear Market Likely Much Longer Than Expected
"We are no where near how long a bear market normally lasts" – @JSeyff on Bitcoin https://t.co/wjbmRMR5Fo
Heavy Bitcoin Selling Persists Despite MicroStrategy Buying
"Obviously there's people still selling heavily" – @JSeyff on Bitcoin's price despite buying from MSTR https://t.co/59QFyrn9Vx
MSBT Poised to Hit Billions Within a Year
"I won't be surprised if this thing has billions" – @JSeyff on MSBT performance in a year https://t.co/59QFyrn9Vx
Morgan Stanley Swiftly Embraces Bitcoin ETFs
"They moved quick on Bitcoin ETFs" – @JSeyff on Morgan Stanley opening its door to Bitcoin ETFs https://t.co/59QFyrn9Vx
Morgan Stanley's Crypto ETF Push Is Ongoing, Not One‑Off
"This isn't a one time thing" – @JSeyff on Morgan Stanley's crypto ETF push https://t.co/59QFyrn9Vx
Bitcoin ETF Fees Set to Drop After MSBT Launch
"We could see other people cut fees" – @JSeyff on the Bitcoin ETF fee war after MSBT https://t.co/59QFyrn9Vx
Even 1‑bp Fee Cuts Can Shift Billions in Crypto
"If you have a fee that is 1 basis points lower, it can move flows by the billions on the equity sides of the market. I don't see why that won't be the case on crypto for people who are...
ETH Moves Signal Broader Crypto Market Shifts
What @KavitaGupta19 is paying attention to: "ETH has always been a good middle ground for me. If Bitcoin is moving but not ETH, then I feel like the rest of the crypto market won't. But if ETH does, then I...
Decentralized Yield Poised as Next Institutional Adoption
"I think the next big institutional adoption will be — if we can figure out the banking lobby — decentralized yield." -- @KavitaGupta19 https://t.co/LhTkrf3nsi
Ethereum Stays Steady Despite Google Quantum Attack Report
"Even after the Google report about all the possible quantum attacks on ETH, the price didn't crash." -- @KavitaGupta19 https://t.co/LhTkrf3nsi
ETH Holds Above $800, Defying Sell-Order Patterns
"In the past with ETH specifically, we saw that every time it would move up, there would be a big sell order that we would see. ... I'm happy to see that ETH hasn't gone down to last year's low...
