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LEO AMA #threadcast | LeoDex's New Wallet, Trade Discounts w/ Referral Codes

We've got a ton of @leodex updates to share

  • Roadmap
  • Wallet
  • $ZEC on Maya
  • Perps
  • Index Options
  • Referral System Update to offer trade discounts
  • and more!

https://youtube.com/live/QZ4Z2HDUyh0?feature=share

The integration of $ZEC on Maya is fascinating. Is this a broader signal of LeoDex aligning more with privacy-forward assets?
(I'm curious if this reflects a deeper ideological pivot or a strategic positioning.)

I am worried it might attract attention from governments and so on to try to prevent them from having a privacy coin on the dex.

If rune starts to run $LEO will follow

2 days later: $RUNE is running and $LEO does nothing … sorry to disappoint you 🤓

I am more patient than you ;)

$LEO does nothing for a long time now …

I can wait 😉

waiting for years now after loosing some with earlier experiments …

Dropped the threadcast link in the X space so the people in there can join

looks like it is not working or #censorship !LOLZ :^ )

Did you hear about the guy who threw his alarm clock while hosting a party?
He wanted to see if time flys while having fun.

Credit: reddit
@anderssinho, I sent you an $LOLZ on behalf of ben.haase

(3/10)
Delegate Hive Tokens to Farm $LOLZ and earn 110% Rewards. Learn more.

@ben.haase can you see it if you click the link?

Btw, what happened to that Eric dude? Haven't seen him around...

Think he joined another project, MOCA.

Ok! I think I've heard about that one, MOCAVerse?

Not sure, think its a dex on thorchain actually 😅

With the updated referral system offering trade discounts, are we seeing a movement toward more social capital-driven growth strategies in DeFi?

It' s great to see how much interest as a community we have in Leodex and Inleo.

Khal, we need Hive Keychain back. When will that be? I believe more Lions will appreciate it in order to buy some tokens with $HBD.

Hive keychain where? I use it to log into INLEO and Hive Engine

Winanda meant on leodex

Yeah, thanks for the response.

Dont know how cat missunderstood what you meant 😅

Haha, when I saw I had a reply, I was anticipating a real response to that but found out he wasn't aware of what I meant. O Cat! 🤦‍♀️

interesting, right?! 🧐

I mean on LeoDex, I guess it's high time we had it activated. I made this thread yesterday but got no response. So Hive Keychain on LeoDex will make things a lot easier.

https://inleo.io/threads/view/winanda/re-leothreads-zt1gr1kc?referral=winanda

From a systems perspective: How does the new wallet architecture aim to improve user retention or reduce friction in the onboarding funnel?

(Metrics on user fall-off points would be interesting if you're tracking them.)

Haha kyle was wondering why he wasnt hearing anything yet 😅

He is a newbie when it comes to @khaleelkazi and starttime :D

Ok, it's Cat instead of Task! Well, don't have to keep adjusting volume all the time then 🤐🙊

Referral commission is also good to have the promotions onward. Discounts are handy too.

Here is a very interesting thread about what features users want DEXs to have. Highly recommend to check this out! 👇

alts in general seem to be less about hype and more about development now, besides the memes. I think during the next bear we will see which projects have lasting potential

Finally, with all these features launching, is there a plan to launch data transparency dashboards for users and researchers to track platform metrics and governance participation over time?

(That would be a goldmine for community trust and academic collaboration.)

Audience should know and the best way is to write about it and share on the social platforms.

What's the good thing about Kujira? I heard something great coming this way as well!

QUESTION

Can we now access our global dashboard from Keystore without having to log in again, or does it apply to the TCY dashboard only?

how do I understand in layman’s terms what is special about Thor?

Decentralized Binance

More volume = more price go up

Have we abandon the thread and earn $RUNE? We just ended with $DASH or?

People are cautious atm & into BTC, bitcoin dominance up again. Wouldn't worry about current $RUNE price, I can see a lot upside. At some point ETH will rally & alts follow

QUESTION

Can the recent $RUNE dip be associated with the fact that staked $TCY "mines" $RUNE to many holders' accounts, increasing the RUNE supply?

Do you plan to integrate stack operations in LeoDEX or we have to go to defi app to make it happen?

Khal with Rune is like me with INLEO. I am all for the push for Leodex! Please don’t forget us at threads though 🙏

Additionally it shows my P&L on my USDC lost when ThorFi closed so tells me how much I lost on Thorfi and how much I have earned back with TCY.

The final piece is it also tells me what price TCY needs to hit to make my whole.

Cool

LeoDex is your place for TCY information

33% of trading fees for LEodex Referral Program

we need maya to finish that update.

the thing I like about these projects with real communities is that success or failure actually depends on us, at least to some extent.

Absolutely!

In LeoDex's case, to the extent of our funds, lol.

That 'build an incredible PnL tracker' line was the reason I shared the link 🙂 cos that's exactly what you guys are doing 👍

Damn cant share my image ..

You can use Peakd to get the link, that works for me.

Gamify the System

Incentivize friendly competition:

Monthly leaderboard for top referrers

Highlight winners in LeoFinance threads

Give badges or small $LEO prizes for referral milestones (1st, 5th, 10th user)

This taps into social psychology, people love progress tracking and recognition
.

Khal not being able to share screenshots made my day. Yes, khal! Suffer like us!!!!!

Give Referrers the Tools

Most people won’t promote if it feels like work.
Provide a promo kit with:

Pre-written tweets or threads

Custom visual assets (e.g. “I swapped on LeoDex” badges)

A dashboard showing real-time referral clicks and earnings (already in TCY, can be mirrored here)

I do not think it is a good idea. X will be overthreaded with these same type of promo/referal codes/links. Not good from my perspective...

It will be great to see $LEO at $1. 🚀🦁

A sensitive QUESTION, hehe:

Which asset has more growth potential, according to you?: $TCY or $LEO?

The answer is not hive LOL

Comment and share this X Post about the new feature

Can there be a graph for all tokens? Or even better, will there be a graph with token/token ratio not just token/USD?

debit card. Dash would love that. Joel will be a fan.

I'm still using Google Sheets to track defi positions even though there are apps that would do that and those can be seen straight on Rabby. I guess it's just an old habit

Don’t give up on hive, you are going to onboard the people who end up fixing hive through your work on leodex and bridging to other ecosystems!

New LeoDex feature just went live!

Waiting to listen about these feautres.
Aslo set reminder on X.com

Question about perps: what kinda fee structure you are planning?

Hyperliquid has Taker/Maker at 0.0450% / 0.0150% (without perks) Can you beat that?

7 listeners are on twitter now

Yes. I was the first one.

I made this thread yesterday but got no response. I guess there is a way to make it happen.

So, Hive Keychain on LeoDex will make things a lot easier.
https://inleo.io/threads/view/winanda/re-leothreads-zt1gr1kc?referral=winanda


!summarize

You aint as bullish as Jesse @brando28? ;)

I'm very bullish in the long run but in short-term, a BTC rejection now could cause massive pain for alts so that's a thing to watch 👍

Jesse mention in this video 114k BTC in the coming 2 weeks;)

Could be, we never know, just need to follow the market 🙂

When AskRafiki will return to inleo, we need AI agent very eagerly here.

Listing $ZCASH on Maya is the best answer to the European Union totalitarian stances on privacy coins!! 😀

Finished my tea so ready now to listen

The only crypto regulation needed is education 🙃

Really want to be able to share images on Inleo again 😅

They have Elon Musk, WE have Allux!!!

So much good stuff happening in Leoverse 🤩

wooop wooob !BBH !LOLZ

What's the difference between a taxidermist and a tax collector?
A taxidermist takes only your skin.

Credit: reddit
@khaleelkazi, I sent you an $LOLZ on behalf of ben.haase

(1/10)
Delegate Hive Tokens to Farm $LOLZ and earn 110% Rewards. Learn more.

Will see to thus ama today.

What did you think of the show? 🦁

Inleo’s not just building. It’s showing up.
Can’t wait to see how the next phase unfolds.

Up and ready for the ama.

As LeoDex expands into Perps and Index Options, how does the team plan to balance user accessibility with the complexity of these financial instruments?

(We often forget that complexity, without thoughtful UI/UX, becomes a barrier to adoption.)

Khal time = noonish eastern time

Is LEO AMA shedule or time changed ?

Wen can we add pictures again? 🙂

LEO AMA Started or not yet.
I want to check that my twitter is working normal or not because there it is not started yet.

let's go !LOLZ

I slept like a baby last night.
I woke every two hours and cried.

Credit: reddit
@khaleelkazi, I sent you an $LOLZ on behalf of ben.haase

(2/10)

PLAY & EARN $DOOM

omfg Kyle is in the space listening. Please @khaleelkazi recommend him to start posting on chain 👏👏

Khal forgets to play the background music this time.

Hope not started yet

Interesting topics today. Hello

So much good stuff is happening in Thorchain/Maya/Inleo verse atm.

Can you speak to how LeoDex’s roadmap aligns with long-term token sustainability, particularly for $LEO holders who are staking with conviction at $0.02?

Khal is preparing notes, there a lot to share today. Stay tuned for the big announcements.

I am going to saying my Esha Pryers. I think Khal is busy in some important work.

looks like Pakistani two mins lol

Hey, it's Cat!

Listening on Youtube!!

Oh yes please $LEO $1 soon 🦁

Black color suits both of you.

Nice to see it live.

Great progress on LeoDex very fast paced.

Yes. Khal is daily updating Leodex.

Lions are roaring wild.

As LeoDex layers in more products, TCY, Perps, Wallets how are you thinking about interoperability without compromising speed or decentralization?

(Are modular upgrades in the pipeline?)

TCY experience is better after updates of TCY dashboard.

Leodex number one dex soon.

It is very easy to use TCY. After TCY dashboard updates.

Not technical me but I am loving it.

All new things but this is how we learn.

Yeah, it works good.

The dashboard looks sleek.

TCY dashboard looks good 👍

Feedbacks are good. Mobile 📱 would be nice.

Had to leave X to continue streaming directly here.

Refresh to connect wallet every single time.

So much development that's very fast nice.

Like it easy it looks

Dashboard is super cool.

Haha poor developers, they have to work even on weekend 😅

That's interesting to be able to track addresses that aren't yours.

Are you planning on adding live charts at some point?

😅 Yeah... it is, but I was kinda looking for something with lower time frames

maybe they tweak it if it gets some „priority“ in the future …

I think I remember talks about adding perps so at least by then there have to live chart feed with very low TFs and next ot every asset.

talking about charts, do you know where to find a full/lifetime $LEO chart?

PNL is best feature in Leodex.

PnL is good to track

Spreadsheet I know the feeling as a trader.

There is no spread sheet needed for TCY users in Leodex.

PnL life is very easy. This dashboard is going to be super hit.

Tracking helps strategizing. Very nice.

Can we buy sTCY directly from the LeoDEX swap?

You can swap to TCY, ther stake and get sTCY

What does "success" look like for LeoDex 12 months from now — in terms of daily volume, active users, or narrative position within the DeFi ecosystem?

TCY is going pretty well. It's helping $RUNE also.

TCY has relatively good APR, better than staked SUI, but not as good as SOL LSTs

Damn this might mean lots of traffic to leodex. Will that mean leoads id coming soon?

Cool features to track.

Rewards coming pleases us everyday.

follow a trader is super nice to have

it’s been a while
What did I miss?😫

It looks like the new TCY is a hit.

All details are shown nicely.

TCY we need to buy too.

is it easy to buy like Hive and Leo?

It' s interesting to see people buying TCY

. The price is establishing verygood

So many chains there very cool.

Meet you tomorrow...

Debit card!?! Waaaat. A leo card?

Time to say..

Good night lions...

Wow.. 211 comments.. 🥳🎉

$BTC might go to $20k if BlackRock launches their own KYC'd Bitcoin fork, onboarding to it all their TradFi pals.

FOMO will come on RUNE/RUJI and maybe CACAO?

I should increase Rune in my wallet...

Yes you should.

I'd be very careful right now if planning to invest in any alts. BTC is so high if it gets rejected at 108k -ish level, max pain for alts

$TCY bring it in showing price updates in inleo posts.

hopefully 2025 will be good for Crypto Market...

decentralization is a big concept. There’s decentralized ledgers and decentralized ecosystems and decentralization of power and these are all different. I do think they promote each other if people believe in it

I don’t think anyone was a fan of Gensler ….

X Space Link: ~~~ embed:1924845491897970981?s=46&t=f3qY2xxYIegwgxWlYwko8g twitter metadata:a2hhbGthenx8aHR0cHM6Ly90d2l0dGVyLmNvbS9raGFsa2F6L3N0YXR1cy8xOTI0ODQ1NDkxODk3OTcwOTgxfA== ~~~

make it go to $1 💪 🦁

Not easy to share yes.

'm late today... missed important part...

Hope you will add the levana things on Inleo asap. That can mean tons of volume

Inleo & Leodex is on the great and high way to go...

Its about to explode

I loved the show. Great energy

Good to have such a cool leo community.

it's my favourite pass time of the day...

hiiii guys. Not sure I can catch up but I’ll try

Does hardware wallet connectivity work in LeoDEX? Can we use Trezor or similar devices?

Good luck 💞

With the passage of time all will look wonderful.

Wish you Good Luck for many more

Leodex is the best product

you’ve been a believer in Thor forever. I like to hear things are growing there and to see more overlap between the communities

Also, adding flash news on DEX is an interesting idea, could be an extra service, behind pay wall or not. Still, that's something I would like very much

It's only the beginning. It will go high

🦁! Lions are going to be number one dex.

Excelente amigo, saludos cordiales

active in Inleo

Be kind when no one's watching.

Anyone can play a role when the lights are on. They smile as they shake the hand of the CEO, only to ignore the janitor on the way out the door.

You are not anyone.

You are a person who treats the waiter with sincere, genuine respect. You are a person who puts their shopping cart back. You are a person who shows up for a friend in their darkest moment. You are a person who buys a hot coffee for the person standing in the cold.

Be kind and generous to everyone around you. Not because you want credit for it. Not because someone might take notice.

But because your character is defined by who you are when no one's watching. That is who you are. That is your destiny.

Nicely written. The world is a small village, you don't know who you will meet tomorrow, hence being nice to everyone you meet is not an advice but a necessity. Even if you don't meet them again your children might meet them tomorrow.

I asked Grok about the latest draft of the GENIUS Act (stablecoin bill) moving through the Senate. It said the tech companies could issue stablecoins if they are approved by Stablecoin Certification Review Committee. This means financial companies (mostly banks) can issue them without question.

It applies to only public companies. Private tech firms, such as stripe or X, can issue a stablecoin.

My view is what happens if Meta, for example, buys a private firm that issues a stablecoin? Then it acquires one.

it will be a wild Wild West in the crypto sphere bringing massive liquidity to the market.

To me, this fundamentally alters the money supply creation for the US dollar. It moves it from the exclusion hands of the commercial banks (outside banknotes of course) to include stablecoin issuers.

How much these firms can issue stable cions?

Is there any gold, banknotes dollars issued by governments or any other thing have same value equale to stable coins issued?

How is the Pakistan Crypto Council working?

CZ is the advisor of Pakistan Crypto Council.

$AVA stands out as the simplest trade ever, yet almost everyone will struggle with it. Ngmi.

Purchasing unnecessary items using funds you don't possess in order to impress unfamiliar faces is essentially a modern form of slavery with enhanced marketing appeal.

Have a nice day fellow Lions!

This market is too quiet... Something is going to happen soon 😆.

#cent #crypto #Inleo #gm

will hit a ladder and go up
or a snake and crawl down

snakes and ladder game

I agree with the saying "Airdrops build loyalty faster than ads"

Is this true?

#cent #crypto #bbh #dash #liotes #askleo #hive #lolz #meme #pepe #ai #bitcoin #life #world #invest #educational #gifu

Jesus didn’t come to make you more disciplined.
He came to make you new.
Discipline matters. But don’t confuse fruit for root.
You can journal daily, attend church weekly, quote Scripture fluently…
And still miss Him completely.
If He's not first, He may as well not matter.

Faith is not about appearances but about facts that change lives, hearts and spirits.

That's right. I call them spiritual realities.

‘If you’re going through hell, keep going.
#quote
Hope you know what hell is

Very nice. The real hell is beyond imagination.

Not sure I do know, but I guess it'll be full of Inleo bots.

Oh, 21.6 LEO appeared on H-E -> staked.

No pic today, you just have to trust me or search the blockchain.

Its the benefit of Hive. Easily trackedif you wanted to see for yourself :)

Yeah, I think that goes with all the blockchains, I rarely need it but any wallet and its actions can be tracked

I got images to share.

Lot of interesting stuff happening the SUI network.

GiveRep is a competitor to Yapper and wortk the same but includes only SUI projects. Tweet about these and get rewarded. 👍

Link 👇

Interesting concept. Have you been able to earn and withdraw?

Just started yesterday! 👍 I got 3 Rep points now 😀👍

Wealth may not purchase joy, yet it offers the independence to design life according to one's own desires.

IF I would need to say something positive about the bots, it would that you can say anything to them without hurting anyone's feelings, tell them to fuck off, etc.

Then again, when they gain total control, I could be in serious trouble.

The first thread of the day that is food du jour.

What We Learned from Gold: The Paper Problem
Bitcoin is not the first hard asset to face this challenge. The gold market offers a cautionary tale.

For decades, gold investors have dealt with “paper gold” systems—unallocated accounts, synthetic ETFs, and derivatives with little or no linkage to actual metal. These claims often outnumber real reserves many times over, leading to widespread suspicion of price distortion and systemic misrepresentation.

Most gold investors don’t own gold—they own a claim to gold. And they have no way to prove it.

Bitcoin gives us the tools to break this cycle. But only if companies choose to use them.

Key Provisions of the GENIUS Act
Definition and Classification of Payment Stablecoins:
The GENIUS Act defines a payment stablecoin as a digital asset pegged to a fixed monetary value (e.g., the U.S. dollar) used for payments or settlement. These are explicitly classified as distinct from securities, commodities, or investment company products, ensuring they are regulated under a specialized framework rather than by the Securities and Exchange Commission (SEC). This prevents stablecoins from being treated as investment products and clarifies their role as payment instruments.

The bill also ensures that custodied stablecoin assets are not classified as liabilities on issuers’ financial statements, aligning with the repeal of SEC Staff Accounting Bulletin 121 (SAB 121), which had previously required such classification.

Licensing and Regulatory Oversight:
Permitted Payment Stablecoin Issuers (PPSIs): Only specific entities can issue stablecoins, including:
Subsidiaries of insured depository institutions (e.g., banks) approved by their primary federal regulator, such as the Federal Reserve.

Federal qualified nonbank payment stablecoin issuers, regulated by the Office of the Comptroller of the Currency (OCC).

State-qualified payment stablecoin issuers, approved by state regulators, for issuers with a market cap below $10 billion. Issuers exceeding $10 billion face federal oversight from the Federal Reserve and OCC.

Application Process: Issuers must demonstrate financial stability, provide background information on key personnel, and meet safety and soundness standards. Federal regulators have 120 days to approve or deny applications, with denials possible if activities are deemed unsafe or unsound.

State vs. Federal Regulation: Issuers with less than $10 billion in stablecoins can operate under state regulatory regimes, with a waiver process for larger issuers to remain state-regulated. Larger issuers are subject to federal oversight to mitigate systemic risks.

Technology Companies Issuing Stablecoins:
The GENIUS Act does not explicitly ban technology companies from issuing stablecoins but imposes strict conditions. Public companies not predominantly engaged in financial activities (e.g., Big Tech firms like Apple, Meta, or Amazon) must obtain approval from the Stablecoin Certification Review Committee, which assesses risks to financial stability, consumer data protection, and the tying of stablecoin services to other business activities.

This provision applies only to public non-financial companies, meaning private tech firms (e.g., Stripe or X) are not subject to this specific restriction but must still meet general licensing requirements. Critics, including Senator Elizabeth Warren, argue that the bill’s framework could still allow tech giants to enter the stablecoin market, potentially leveraging user data or creating competitive imbalances.

Thus, while technology companies are not excluded, they face significant regulatory hurdles, and the bill’s structure favors entities with financial expertise, such as banks or regulated nonbank financial institutions.

Reserve and Transparency Requirements:
1:1 Reserve Backing: Stablecoin issuers must maintain a 1:1 reserve of high-quality, liquid assets (e.g., cash, U.S. Treasury bills) to ensure redemption at face value and prevent de-pegging incidents.

Transparency and Audits: Issuers are required to submit monthly liquidity reports certified by CEOs and CFOs, detailing reserve composition and the number of stablecoins in circulation. Annual audits by registered public accounting firms are mandatory to ensure solvency and maintain market trust.

Reserve Restrictions: Reserves must be held in safe, liquid assets and cannot be lent out, though concerns remain about whether tokenized assets or offshore accounts could introduce risks.

Consumer Protections and Insolvency:
Priority in Insolvency: In the event of an issuer’s insolvency, stablecoin holders have priority over other claims, with reserves considered “bankruptcy remote” to protect customer funds. This applies to both federal and state insolvency proceedings, superseding conflicting state laws.

Study on Insolvency Risks: The latest draft mandates a study within three years to examine the implications of stablecoin insolvency, including whether customers can be repaid and if bankruptcy laws need adjustments. This addresses concerns about systemic risks but does not provide immediate FDIC-like guarantees.

Consumer Protection Standards: States can impose consumer protection requirements on out-of-state issuers only to the extent they align with federal law, preventing excessive state-level restrictions while maintaining federal preemption.

Anti-Money Laundering (AML) and Know-Your-Customer (KYC) Compliance:
Stablecoin issuers are classified as financial institutions under the Bank Secrecy Act (BSA), requiring compliance with AML and KYC regulations to prevent illicit activities like money laundering or terrorist financing.

Enhanced provisions in the latest draft strengthen AML/KYC requirements, addressing concerns raised by Democrats about potential misuse.

National Security and Foreign Issuers:
The bill includes provisions to address national security concerns, particularly regarding foreign stablecoin issuers operating in the U.S. A Stablecoin Certification Review Committee (comprising the Treasury Secretary, Federal Reserve Chair or Vice Chair, and FDIC Chair) evaluates foreign issuers to ensure compliance with U.S. standards.

The updated draft expands on reciprocity for overseas issuers, requiring reserve compliance and coordination with international regulators to align rules and reduce conflicts.

Interoperability and Standards:
The bill mandates that federal regulators, in consultation with the National Institute of Standards and Technology and state governments, establish standards to promote compatibility and interoperability among stablecoin issuers, facilitating seamless transactions.

This includes reciprocal recognition arrangements with other jurisdictions to enhance global compatibility.

Ethics and Conflict of Interest Concerns:
The latest draft addresses Democratic concerns about conflicts of interest, particularly regarding President Trump’s ties to the USD1 stablecoin issued by World Liberty Financial. However, it does not prohibit elected officials or their families from issuing stablecoins, a point of contention raised by Senator Warren.

Critics argue that the bill lacks sufficient safeguards to prevent potential corruption, especially given transactions like the $2 billion deal involving USD1 and an Abu Dhabi firm.

Ethereum price analysis
Ethereum’s technical indicators on the daily timeframe show mixed signals. Key momentum indicators, the Relative Strength Index (RSI) reads 65 and generates a sell signal as ETH slips under 70 or the “overbought” zone. Moving Average Convergence Divergence (MACD) flashes green histogram bars above the neutral line, signaling an underlying bullish momentum in Ether.

ETH is close to its resistance at $2,746, the 50% Fibonacci retracement of the decline from the December 2024 peak of $4,107 to the April 10 low of $1,385. The altcoin could find support at $2,226, the upper boundary of a Fair Value Gap (FVG) on the daily price chart.

The weekly price chart supports a bullish thesis for ETH. RSI is above 50 and MACD shows green histogram bars, signaling underlying positive momentum in the Ethereum price trend.

Two key resistances for Ether to test on the weekly timeframe are $2,605 and $2,921, close to the psychologically important $3,000 level. The two resistances represent the upper/lower boundaries of FVGs on the weekly timeframe.

Ethereum could find support at $2,323 or $1,873 in the event of a correction.

Shark Tank's Kevin O’Leary Says Warren Wrong to 'Tie' Stablecoin Bill to Trump
O’Leary argued that Senator Elizabeth Warren’s objections to the GENIUS Act distort its purpose and threaten bipartisan progress.

Kevin O’Leary criticized Senator Elizabeth Warren for tying the GENIUS Act to President Donald Trump’s crypto ties, calling her stance “un-American.”
The GENIUS Act, which would regulate stablecoins, advanced in the Senate on Monday after key Democrats backed a revised draft.
Warren warned the bill could enable the President to profit from USD1, a Trump family-linked stablecoin tied to a $2 billion foreign crypto deal.

Kevin O’Leary responded Monday to U.S. Senator Elizabeth Warren's (D-MA) latest attacks on the Senate’s stablecoin bill, rejecting her claims as “completely deranged” and warning that politicizing the legislation could undermine the U.S.’s position in global finance.

“She’s confusing politics with progress, and this time, it could cost America dearly,” the Shark Tank investor and entrepreneur tweeted Monday. He added that, “This bill has nothing to do with Trump or meme coins.”

Initially reliant on natural gas turbines, Colossus faced criticism for nitrogen oxide emissions. The 150 MW substation, completed in early 2025, reduced turbine use by half, with Megapacks providing cleaner backup power. By fall 2025, xAI expects the second substation to come online. Once the second substation is online, the remaining turbines will only be used for backup, reducing the project’s carbon footprint.

Tesla Energy’s Q1 2025 performance, with a 156% year-over-year increase and 10.4 GWh of storage deployed, supports xAI’s needs. Tesla’s Megapack factory in Waller County, Texas, set to create 1,500 jobs, signals further commitment to scaling energy solutions for projects like Colossus.

For the week of May 12-18, China reported 11.1k insurance registrations for Tesla. 🇨🇳

The week is up 262.5% from last week and -19.9% year-over-year. The quarter is -5.6% QoQ and -24.2% YoY. This quarter is -43.5% vs. 24Q3 the best quarter after 7 weeks. YTD is at -6.5% YoY.

Dimon has long been skeptical of Bitcoin, labeling it a scam that he had no interest in buying in 2018 and calling it “worthless” during the 2021 crypto bull market.

“I’ve always been deeply opposed to crypto, Bitcoin, etc.,” he said during a Senate Banking Committee hearing in 2023. “The only true use case for it is criminals, drug traffickers, money laundering, tax avoidance.”

“If I were the government, I’d close it down,” he said.

At the 2024 World Economic Forum in Davos, Switzerland, Dimon said Bitcoin “does nothing. I call it the pet rock,” which came after the asset topped $100,000 for the first time.

Robinhood submitted a formal 42-page proposal to the U.S. Securities and Exchange Commission (SEC) requesting the creation of a federal regulatory framework for the issuance and trading of tokenized RWAs. This is more than just a compliance tweak—it’s a structural rethinking of how assets can be issued, settled, and tracked in the U.S. financial system. If accepted, it could signal the beginning of a scalable, legally sound foundation for tokenized markets in America.

A new airdrop farm just launched on the SUI network!

Stake $SUI on VOLO to earn points, simple as that! Just started farming this today 😎🟢

Link below 👇

The GENIUS Act passed a vote in the US Senate, allowing it to head to the floor for vote.

This is the stablecoin act.

If passed, the House will have to pass it then goes to the President for signature.

I wish them well. It will be a win for everyone in crypto

Senate Stablecoin Bill Passes Key Vote as GENIUS Act Regains Momentum
The GENIUS Act passed a cloture vote Monday evening less than two weeks after failing one. It will now head to a full floor vote.

Against all odds, the Senate’s stablecoin bill has regained political momentum, passing a key procedural vote Monday evening that has set the legislation on track for passage within days.

Less than two weeks ago, the bill, dubbed the GENIUS Act, failed to pass the same procedural cloture vote—which ends debate on a measure and advances it towards full floor consideration. At the time, a perfect storm of political winds conspired to derail support for the bill among pro-crypto Democrats. Chief among them: mounting anger in the Democratic Party over President Donald Trump’s perceived crypto-related conflicts of interest.

Waiting for today's AMA. I'm sure many questions are about wen picture uploading gonna be back. 🙂

Oh!! So it wasn't my internet after all!!!

No, same for everyone. It's been like this since the weekend

Breaking news: The US economy created 177,000 jobs in April, exceeding expectations.

Expectations are rarely valuable. Market consensus in forecasting, especially with things such as earnings, are often awry.

That's a fair point. Still, job growth beating forecasts can show a resilient labor market, possibly boosting consumer confidence. Curious about your thoughts on how this might shape inflation trends in the longer term

Obviously labor is a major component of inflation, with wage inflation often occurring. Does this happen in the age of advancing technology which is deflationary?

Plus we have the global capital flow so the US being strong could be an indicator of shifts from other countries.

Tech's deflationary force can partly offset wage pressure, but certain sectors may still experience cost pushes. Global capital flow adds another layer, suggesting regional dynamics will shape inflation trends over time

Strong employment numbers do provide a case for wages remaining strong and a demand on workers.

It will be interesting to see the next GDP numbers. Do you know what the last reading in US GDP was?

Last GDP reading for Q1 2023 was around a 2% annualized growth rate, giving us a snapshot amid recent volatility. It will be interesting to see how forthcoming data refines this perspective

According to my little trading experiance, Market often moves to hunt liquidity. If more accounts will liquidate on 120,000$ then Bitcoin sudden hit the 120,000$ and then see where the more liquidity.

Empty Baltic sea beach in Latvia. Yesterday.

A great shot to cherish. It's emptiness makes it more attractive. Beaches are good to walk bare foot if the weather is cool. The water splashing on feet feels wonderful.

What a beautifully moody scene, so peaceful, it almost whispers. An empty Baltic beach in the mist feels like nature’s way of giving you the whole world to yourself, even if just for a moment.

Looks so peaceful, like the sea just paused for you.

Empty beaches have their own kind of magic, no noise, just waves and your thoughts.

There’s something so calming about an empty beach. Must’ve been a peaceful moment out there in Latvia yesterday.

I think there are a lot of beaches in Latvia, that's why this beach looks empty. In Pakistan, there are very few beaches and they are very crowded.

I like personal spaces. I don't like noisy places.

It reminds me of the beautiful beaches here. What is best about it is it's emptiness ,we have crowded beaches.

Here we have crowded beaches. Empty is good in a sense but people presence also is nice.

Looks peaceful. I like the kind of quiet that clears your head.

A very nice view, is it possible to swim there?

Sure it is. If you don't mind +9C in the air, and +6 C in the water.

Freezing for me 🫣

Beautiful and creative angle for the photo. For some reason the sea simply makes me think about infinite possibilities.

anyone know why dappradar doesn’t have accurate readings for hive frontends now (except liketu)?

It was nice to check out MAU’s over there

The web as we know it is about to change. Now that agents can perform tasks on their own, some companies are starting to rethink their entire business models. Microsoft took its shot this week at mapping out exactly what comes next.

So, now, the real competition between humans and bots begin.

Exactly! It's no longer man vs. machine. It’s wit, wisdom, and willpower vs. code and algorithms.

Here is the daily technology #threadcast for 5/20/25. The goal is to make this a technology "reddit".

Drop all question, comments, and articles relating to #technology and the future. The goal is make it a technology center.

Startup unveils world’s first ‘infinite AI agent’: A little-known company called Flowith revealed a new platform called Neo that it says beats Manus AI and even OpenAI’s Deep Research on the GAIA benchmark. The app can supposedly handle 1000+ reasoning steps without losing focus, sending off parallel agents to perform different tasks “while you sleep.”

Apple is still struggling to give Siri an AI refresh: Apple Intelligence has so far been a case of too little, too late, sources told Bloomberg. The iPhone-maker originally wanted to tack AI features onto the current version of the voice assistant. Now, it’s abandoning that idea and starting from scratch, with plans to eventually connect Siri to the internet, giving it access to real-time information. But the delay sounds serious: A member of Apple’s AI team even called it a “crisis,” since it not only affects iPhone sales but also the development of upcoming robots and VR glasses.

https://www.bloomberg.com/news/features/2025-05-18/how-apple-intelligence-and-siri-ai-went-so-wrong

Microsoft is putting a big focus on safety: “Responsible AI is about building safe, secure, and high-quality AI, and these tools empower developers to do so with confidence,” Mehrnoosh Sameki, Principal Product Lead, Responsible AI.

Companies can now use Azure AI Foundry to design and deploy their own agents. You can even call on multiple agents to work together on a particular task. And with support for Model Context Protocol (the “USB-C port of AI apps”), you can now connect your agents to third-party apps, too.

https://azure.microsoft.com/en-us/blog/azure-ai-foundry-your-ai-app-and-agent-factory

NLWeb is a new open-source project that lets businesses use proprietary data to create their own chatbot with just a few lines of code. Think of it as “HTML for the agentic web.”

https://news.microsoft.com/source/features/company-news/introducing-nlweb-bringing-conversational-interfaces-directly-to-the-web

Microsoft lays out its vision for an ‘open agentic web’: The Satya Nadella-led company kicked off its annual Build conference with dozens of major AI-centric announcements.

https://blogs.microsoft.com/blog/2025/05/19/microsoft-build-2025-the-age-of-ai-agents-and-building-the-open-agentic-web

Paragraph

The Problem: Unproven Bitcoin Is Just Another IOU
Bitcoin is designed to be verifiable—but most corporate disclosures aren’t. When companies report BTC holdings without public wallet visibility or on-chain proof, investors are left to trust balance sheets, auditors, and custodians.

That opens the door to systemic risks:

Rehypothecation: BTC pledged or lent behind the scenes
Custodial failure: Centralized services operating without 1:1 backing
“Paper Bitcoin”: Multiple claims on the same BTC, echoing legacy financial opacity
The mere presence of Bitcoin on a balance sheet is not a guarantee. Without verification, it’s no different than a fiat-denominated claim—an IOU dressed up in BTC terms.

Bitcoin Is Built for Proof—and Companies Should Use It
Unlike legacy assets, Bitcoin is designed to make proof of ownership and solvency a native function of the asset itself. Through public key cryptography, on-chain auditability, and permissionless transparency, Bitcoin enables real-time, trust-minimized verification.

This isn’t just a technical capability—it’s a governance feature. Bitcoin allows companies to demonstrate, cryptographically and without intermediaries, that their reserves exist, are intact, and are unencumbered. No bank statements. No opaque custodial claims. Just data, on-chain.

The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act of 2025, as reflected in the latest available draft and discussions around the Senate vote on May 20, 2025, aims to create a comprehensive federal regulatory framework for payment stablecoins in the United States. Below is an overview of the bill’s key provisions, addressing whether technology companies can issue stablecoins, and other significant aspects, based on the most recent information available up to May 20, 2025.

Dimon has long been skeptical of Bitcoin, labeling it a scam that he had no interest in buying in 2018 and calling it “worthless” during the 2021 crypto bull market.

“I’ve always been deeply opposed to crypto, Bitcoin, etc.,” he said during a Senate Banking Committee hearing in 2023. “The only true use case for it is criminals, drug traffickers, money laundering, tax avoidance.”

“If I were the government, I’d close it down,” he said.

At the 2024 World Economic Forum in Davos, Switzerland, Dimon said Bitcoin “does nothing. I call it the pet rock,” which came after the asset topped $100,000 for the first time.

Why Arthur Hayes is bullish on Ethereum, says ETH could outperform Solana
Ethereum (ETH) trades close to key support at $2,400 on Monday. The largest altcoin’s on-chain indicators currently support a bearish thesis for Ether, as seen on IntoTheBlock.

Ethereum (ETH) trades close to key support at $2,400 on Monday. The largest altcoin’s on-chain indicators currently support a bearish thesis for Ether, as seen on IntoTheBlock.

Arthur Hayes, co-founder of BitMEX, told Fortune Crypto in an interview that he is bullish on Ether and the altcoin could beat Solana in 2025. In their thesis, analysts at CryptoQuant suggest a turning point for Ethereum as the altcoin enters the undervaluation zone.

AI’s rapid expansion, backed by Tesla Megapacks, positions it to rival AI leaders like OpenAI and Google. The Colossus 2 deployment reflects a strategic blend of cutting-edge AI and sustainable energy. As Memphis’ infrastructure adapts to unprecedented power demands, xAI and Tesla are reshaping the AI landscape with a focus on efficiency and environmental responsibility.

The Innovation Isn’t the Token—It’s the Trust Framework Written By Robinhood
Robinhood’s proposal introduces some of the most important legal infrastructure yet seen in the RWA space. It calls for a unified national framework to replace the fragmented, state-by-state compliance approach that currently governs securities. It proposes that tokens representing assets—like equities or government bonds—should be legally equivalent to the underlying asset, not classified as derivatives or synthetic products.

That one change, if approved, would eliminate the need for duplicate systems and ambiguous ownership rights. It would also allow broker-dealers like Robinhood to custody and trade tokenized assets using existing regulatory guardrails, not separate, uncertain structures.

Proof Of Reserves Should Be The Standard For Bitcoin Treasury Companies

Proof of Reserves should be the baseline for Bitcoin treasury companies—shareholders deserve verifiable, on-chain evidence the BTC is truly there.

Bitcoin was created to eliminate the need for trusted intermediaries. It replaced opaque, permissioned systems with transparency, auditability, and decentralized verification. The ethos was clear from day one: don’t trust—verify.

And yet, many of the institutions now holding Bitcoin—custodians, exchanges, ETFs, even public companies—continue to rely on trust-based assumptions, the very problem Bitcoin was designed to solve.

For Bitcoin treasury companies, this contradiction is especially glaring. These are firms that claim to operate on a Bitcoin standard—yet without verifiable Proof of Reserves (PoR), there’s no way for shareholders to know whether the Bitcoin is actually there.

JPMorgan boss says bank users can soon buy Bitcoin

JPMorgan CEO Jamie Dimon has agreed to allow his bank's clients to buy Bitcoin through ETFs.

Jamie Dimon, the CEO of JPMorgan, said his bank will soon allow its clients to buy Bitcoin, but it won’t custody the cryptocurrency.

“We are going to allow you to buy it,” Dimon said at JPMorgan’s annual investor day on May 19. “We’re not going to custody it. We’re going to put it in statements for clients.”

CNBC reported that Dimon also remarked on his long-held skepticism about crypto assets, pointing to their use in money laundering, sex trafficking and terrorism.

“I don’t think you should smoke, but I defend your right to smoke. I defend your right to buy Bitcoin,” he said.

JPMorgan will offer clients access to Bitcoin (BTC) exchange-traded funds (ETFs), CNBC reported, citing sources familiar with the situation. Until now, the firm has limited its crypto exposure primarily to futures-based products, not direct ownership of digital assets.

JPMorgan rival Morgan Stanley has also moved to offer spot Bitcoin ETFs to qualifying clients. Spot Bitcoin ETFs in the US have seen significant adoption, with almost $42 billion in total aggregate inflows since they launched in January 2024.

xAI receives more Tesla Megapacks for Colossus 2

xAI is bolstering its Colossus 2 data center in Memphis with 168 Tesla Megapacks, enhancing the energy infrastructure for its ambitious AI supercomputer expansion. The deployment underscores xAI’s push to lead AI innovation while addressing environmental concerns.

The first Colossus site is connected to a 150 megawatts (MW) substation powered by MLGW and TVA. It is supported by approximately 156 Megapacks, providing 150 MW of stored energy backup to xAI’s supercomputer. The 168 Tesla Megapacks recently delivered to xAI’s Memphis site will provide battery storage backup to Colossus 2.

In December 2024, xAI doubled the capacity of Colossus to 200,000 Nvidia H100 GPUs, which consumes 250 MW of power–enough to energize 250,000 homes. In March 2025, the AI company bought a 1-million-square-foot site in Whitehaven, Memphis, for $80 million. xAI’s Whitehaven site could host up to 350,000 GPUs with the potential to deploy the largest number of Tesla Megapacks for backup power.

xAI plans to scale Colossus up to 1 million GPUs to create the world’s largest AI supercomputer. A 1-million-GPU setup would require over 1 gigawatt, about one-third of Memphis’s peak summer demand.

Breaking: Robinhood’s RWA Proposal Could Bring Wall Street Onchain

Robinhood submitted a 42-page SEC proposal to create a federal framework for tokenized real-world assets, aiming to modernize U.S. securities markets.

For years, the financial world has talked about tokenizing real-world assets (RWAs). RWA tokenization is projected to become a $30 trillion market by 2030, according to research from The Trading View. This surge is driven by rising institutional interest in onchain financial products, offering faster settlement, greater transparency, and broader asset access.

The vision has always been tantalizing: frictionless trading of everything from Treasury bills to real estate, recorded transparently on a blockchain, available to all. But despite the headlines and hype, most of the progress has been confined to controlled pilots, sandboxes, and siloed platforms—largely disconnected from the regulated core of finance.

That may be about to change.

Microsoft Discovery lets scientists and researchers use AI to come up with new hypotheses and generate simulated experiments. The platform has already discovered a promising new technique for cooling data centers.

https://azure.microsoft.com/en-us/blog/transforming-rd-with-agentic-ai-introducing-microsoft-discovery

Where are those whale trades for leodex. Only 4k in swaps today so far. I’ll make a$100 swap later this evening. That doesn’t do much. lol.

Need to have perps on LeoDex to get volume up 😅

Its coming sooner then you think ;)

That's good hear! Many poor perps DEXs out there, hope LeoDEX does well 👍

Yeah this thursday Thorchain 3.6 is coming, on 3.7 it should be done. Levana's X space with Kenton were awesome and there has been said that perps should working in a month with 3.7...

I also listen to that, so bullish!!

An amazing dinner after so long 😥🫀

My life is currently on DnD….
No negative energy, No drama, No boundary crosser.
Just self care, self improvement and inner peace.

Tuesday once more, and also International Bee Day. Help support all bees and other pollinators.

Bees rock! 🤘

America: the only country that prints trillions, sets the rules, and freaks out when others try to trade without the dollar.
“Free market” means: you're free—as long as it's through their system.
Globalization? We borrow, they profit.

#newsoninleo #liotes

Strategy Faces Class Action Lawsuit Over $BTC Investment Disclosures

MichaelSaylor's Strategy (MicroStrategy) has been hit with a federal securities lawsuit filed by plaintiff Anas Hamza on May 16.

read on, link ⬇️

1🧵2 #gmfrens #threadstorm #bbh !BBH

(Trouble loading "image" for this zapfic entry, but text for the zapfic entry will appear in the reply as usual.)

#zapfic

"Hate was going to consume Chicago a few days ago. It took love & truth to overcome that hate. Love & truth as revealed by The Lord."

On hearing that the lead killjoy began to convulse violently, only it wasn't in a human way.

A second thread for data food. Going to fill up the belly.

Butter chicken with lassi is to die for.

The Wisconsin ballot includes a proposal to enshrine voter ID requirements in the state constitution, a measure intended to uphold election integrity—an issue considered even more crucial than the Wisconsin Supreme Court contest.

Both decisions will be made on April 1st. It remains essential that participation in the voting process is widespread among residents.

A product sold domestically for $100 allocates roughly $12 to a foreign manufacturing base used for tariff calculations, while the remaining $88 covers domestic elements such as design, shipping, wholesale, retail, and branding—all funded

by national taxpayers. A 50% decline in demand therefore results in an approximate $6 loss for the foreign base versus more than a $44 reduction in domestic revenue, indicating a contraction that is over seven times greater.

The banks have no choice but to embrace crypto 👇

01934d98-5738-728e-b709-4f9da5cea5a9.jpeg

Kudos to the intern from TC.

"An impressive new addition brings fresh insight and stellar content to the table. Although v3.5.0 is a notably major update, its intricacies can often be overlooked even by savvy users.

The intern has managed to break everything down neatly in a detailed thread. Appreciation is well deserved."

Desde hace algún tiempo vengo pensado que el pesimismo es el verdadero optimismo Y acabo de publicar un post en #humanitas al respecto. (Les dejo el enlace acá abajo)
#spanish

Espero tengan el mejor martes posible! #spanish

Donde esta la gente que habla español?? No veo que se use demasiado el tag #spanish

Only a small number.

Usually, it doesn't hurt to mention the actual number. No matter how small it is.

Shoutout to everyone who hasn't felt okay lately but still gets up every day and refuses to quit.

Stay strong.

Always choose to do good - not for recognition, but because kindness has a way of finding its way back to you, often when you need it the most.

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