JUST IN: AI data centers could soon require blast-resistant concrete, anti-drone defenses, & missile protection as attacks on computing infrastructure escalate worldwide. — Financial Times

the 2023-2026 $TAO chart still has visible peaks and bottoms but I am pretty convinced this timeframe will look like a flat line in the next couple of years bc of 5k-10k prices per $TAO.

Maybe we should start a competitor to Amazon 🤔

Grayscale's Bittensor Trust added Coinbase as a second custodian for its TAO, alongside BitGo. Grayscale has filed to list the trust on NYSE Arca as a spot ETF under the ticker GTAO. @opentensor

1/ ASMR Research Preview Bittensor subnets in aggregate (the YCX index) have substantially lower volatility than the S&P 500. The likely driver is large-cap subnet tokens having greater liquidity (quoted in $TAO) relative to their size than many S&P 500 index members. Market discussions often start with the assumption that more liquidity is better. Yuma’s research, recently presented at @Exploitsummit, demonstrates how excess liquidity can suppress price discovery, obscuring quality and risk information from capital allocators. Key slides from the presentation follow in this thread. This work is shared as research for public discussion and it explores a solution we’re calling ASMR: Alpha Subnet Market Reloaded.

This comparison is getting fucking ridiculous. OpenAI: $13B revenue in 2025 ~$8B operating loss Target valuation: $1.4 TRILLION Anthropic: $4.6B revenue ~$8B operating loss Target IPO valuation: $2+ TRILLION Meanwhile Bittensor has grown to 128 competing AI subnets across inference, compute, training and more. bittensor:native market cap: just $3.4 BILLION. OpenAI + Anthropic are targeting ~$3.4 TRILLION combined. That’s literally 1,000x $TAO Bittensor’s network is progressing at a ridiculous pace while being valued at just 0.1% of those two companies combined. AI crypto is so undervalued

aster-2:native is one of the few coins worth buying this cycle Clean accumulation at the lows, I can see this doing a 10x+ over the coming years BNB is the strongest coin in all of Crypto Binance Exchange is biggest CEX Aster will be the best perp DEX

Abstract is winding down. Starting today, all of @IglooInc's focus will go towards taking Pudgy Penguins, Pudgy NFTs, and $PENGU to the next level. When we acquired Frame in the summer of 2024, the vision was to build the blockchain for consumer crypto. Pudgy Penguins had shown us what it meant to reach the masses, and we believed we could bring that same approach to building a chain. Abstract achieved a lot in a short period of time; we built the Portal and AGW, onboarded major global brands, amassed over 300 million transactions, and grew a vibrant onchain ecosystem.  The journey became stifled by the lack of a DeFi ecosystem, insufficient liquidity, minimal institutional cross-over, and prohibitively high costs that impeded growth in winning areas. Unknown to most, Igloo, Inc. had been funding Abstract over the last 18 months. After losing tens of millions of dollars over two years, building consumer products, assembling an all-star team, onboarding some of the biggest brands in the world, and building a community of millions, we still had not found product-market fit. In combination with the market's reduced appetite for what we had built and not being able to find a scalable path forward, we could no longer justify taking from the Pudgy Penguins business. Igloo, Inc. has always been a community-first company. Even after losing 8 figures, we could have launched a token or pursued an ICO. Ultimately we decided against this. A token only works if there is something driving demand to it, and launching a token that we don’t have conviction in would have been a disservice to our community. The entire team at Abstract has worked tirelessly with a tremendous amount of passion to make the consumer crypto vision come true. I cannot fault a single one of them for this outcome. To the Abstract community, I want to thank all of you for sticking by our side on this long journey and for continuing to champion us. You supported us through all of the ups and downs, and I wish the result could have been different. There will be many that will find satisfaction in seeing this shut down, and that is fine. I take a great amount of pride in having the ambition to venture into the chain business, notoriously one of the most difficult to make work, and the only regret I have is not being able to celebrate a win alongside the Abstract community. As we wind down Abstract, our full focus shifts to making Pudgy Penguins into the global & cultural phenomenon I know it can become.  Return to Pudgy Penguins.

Yesterday, Grayscale filed an 8-K with the SEC naming @coinbase as an additional custodian for it's pending Bittensor bittensor:native ETF. We may be in the calm before the storm (ETF approval) ✅ sec.gov/Archives/edgar/data/…

I truly believe the most important and powerful AGI system in human history will be run and organized in a decentralized way, and the protocol is most likely Bittensor. As a subnet builder, I see endless possibilities in what this protocol enables. Bittensor has evolved a lot through real practice, and no other protocol has come this far.

CZ, the founder of Binance is the 17th richest person in the world. He made his first million dollars at 39 and started Binance at 40. Today he’s 48. You’re never too old to start.

Happy place 🇯🇵 ❤️

Simple and functional is best.

$TAO to $400 anytime by now. 🔥‼️ ETF news 📰🗞️ coming. I can feel it!