Recos

@recos179

754 Following

306 Followers

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Just joined the Sapien guild. Continuing my brave quest to explore all corners of web3! guild.xyz/sapienguild

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Robinhood once again proves that L1s are valueless. They're using Arbitrum at first, then they're rolling their own CENTRALIZED chain to have stock trading "onchain". Zero value accrual to the L1. L1s are the equivalent of hoarding fiberoptic cables.

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Here's a quick look at the key crypto headlines from this weekend: Markets & Macro 🇸🇻 El Salvador has increased its holdings by 8 $BTC in the past 7 days, with a total holding of 6,221 $BTC 🇹🇭 Thailand exempts income tax from cryptocurrency for 5 years

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"We believe that addressing the triad of privacy, identity, and composability is crucial for realizing the full potential of blockchain in finance." — Have you read J.P. Morgan’s Kinexys report on its exploration of Zama’s fhEVM for tokenized assets? > Read Zama's post about the report here: https://www.zama.ai/post/kinexys-by-jpmorgan-releases-a-proof-of-concept-leveraging-zama-fhevm > And download J.P. Morgan’s Kinexys full report here: https://www.jpmorgan.com/kinexys/content-hub/project-epic-enterprise-privacy-identity-composability

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Going to Eurocrypt next May in Madrid? The Zama team will present its latest research on improving the security and efficiency of Fully Homomorphic Encryption (FHE). Can't wait to learn more? Read about it here: https://www.zama.ai/post/drifting-towards-better-error-probabilities-in-fully-homomorphic-encryption Also, if you're a fan of Tapas, or FHE, or both—Join us for the “Tapas, Drinks, and... Fully Homomorphic Encryption”, a Zama Meetup & Afterwork (Limited capacity, registration link in the comment section)

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on why private equity needs confidential tokenization — and how Fully Homomorphic Encryption (FHE) can make it possible.

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With the Fed on hold and other countries easing, you would think that the dollar would be more bid than it has been. Interest rate differentials, after all, are a tried-and-true driver for currencies. Instead, the USD is teetering near its cycle low. It tells me that the dollar is playing to the beat of a different drum these days. The same thing happened to gold a few years ago when it stopped trading in reverse lockstep with real rates. Real rates, which used to explain all of gold’s price action, rose from -118 bps in 2021 to +208 bps today. Yet gold has more than doubled since then. When both the dollar and gold - two of the world’s most important reserve assets – are no longer anchored by rate differentials or real rates, something is up. That something is a new multipolar world order in which central banks spread their reserves around to avoid being beholding to just one force. The result is a declining share of US dollars among reserve currencies and a rise in the value of gold.

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With the Fed on hold and other countries easing, you would think that the dollar would be more bid than it has been. Interest rate differentials, after all, are a tried-and-true driver for currencies. Instead, the USD is teetering near its cycle low. It tells me that the dollar is playing to the beat of a different drum these days. The same thing happened to gold a few years ago when it stopped trading in reverse lockstep with real rates. Real rates, which used to explain all of gold’s price action, rose from -118 bps in 2021 to +208 bps today. Yet gold has more than doubled since then. When both the dollar and gold - two of the world’s most important reserve assets – are no longer anchored by rate differentials or real rates, something is up. That something is a new multipolar world order in which central banks spread their reserves around to avoid being beholding to just one force. The result is a declining share of US dollars among reserve currencies and a rise in the value of gold.

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CMC News: Corporate $BTC Holdings Jump 135% as Public Companies Embrace Digital Assets.

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Good morning, GMonchain! 🌀✨ Let’s start the day with positive vibes!

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Join the MonadSpin fun – rewards, community, and excitement await! 🎰 #Monad #Farcaster #Spin

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TRUMP SAYS IT WOULD BE NICE TO BE 2.5 POINTS LOWER!!! 🇺🇸🇺🇸🇺🇸 ALL EYES ON THE FED.

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When do you think Farcaster TGE?

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Join the MonadSpin fun – rewards, community, and excitement await! 🎰 #Monad #Farcaster #Spin

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Tmr will be better!

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@chriscocreated

Two years ago, Farcaster had just 2,000 weekly active users I made a piece with /purple to mark that moment Today, I’m dropping the Pro upgrade - all 10k Pros + the FC team ⚡ FREE SD mint (24px PFPs) — just like this cast 🔥 Limited HD edition (96px PFPs) — premium artefact ⏳ Open for 48 hours I give you WeCastPro https://mint-frame-we-cast-pro.vercel.app

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I dont receive anything, and you?

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What is going on telegram in Vietnam?

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