The Storm conviction is unacceptable in “the crypto capital of the world.” Here are the necessary steps to right this wrong and protect software developers: 1) DOJ must accept the jury’s refusal to convict on money laundering and sanctions, and must not retry the case 2) DOJ must dismiss the Section 1960 charge, or else Roman must be pardoned 3) Congress must amend Section 1960 to clarify that money transmission requires control of funds and does not apply to the developers of non-custodial software There is no greater threat to crypto than DOJ’s misguided war on developers, which started under Biden and must stop under Trump. This battle may have been lost, but the war will be won.

1/ A new blockchain network in 2025 needs to either optimize for a particular application or expand the adjacent possible. Most new blockchains have focused on optimizing for speed; faster block times, higher TPS. That is no longer the bottleneck. @RialoHQ is focused on a complete suite of infra for building apps that speak to the outside world.

Morpho’s TVL crossed $6B+ for a new ATH, up 89.2% YTD. #2 DeFi lending protocol worldwide.

Zora is the first swing at creator coins with a mobile-first, normie-accessible UX, and an economic mechanism that directly connects value from content to creator coins.

1/ PROJECT CRYPTO A mandate from the SEC Chair for the entire agency to update federal securities regulations so that crypto can flourish in the USA 🇺🇸 This is the start of the biggest push for regulatory clarity in crypto's history. The SEC has 3.5 years to make it a reality.

Happy 10th birthday to Ethereum It was the Ethereum whitepaper that nerdsniped me to start a company in crypto, and dedicate my career to seeing elements of the vision play out. To the next 10 years of smart contract blockchains :)

Happy 10th birthday to Ethereum It was the whitepaper that nerdsniped to start a company in crypto and dedicate my career to seeing elements of the vision described therein play out. To the next 10 years of smart contract blockchains :)

o3 still feels very brittle when you want it to make a very specific update to a project you're working on, it feels like you're hitting a hard reset with each instruction, and quality of output degrades with each iteration.

I can imagine 2 paths for onchain media at scale: 1/ investment in onchain media is a game that people are intentionally playing for outsized returns (and losses) 2/ 90/9/1 rule: investment is a 'pro' feature, for a subset of users to level-up into. the majority of users do not do this, but reap the benefit of the free information the market produces (e.g. Polymarket) 3/ other? (please explain!)

Zora is the new onramp for crypto.