the biggest crypto opportunities are local. the whole world is upgrading to stablecoins, rwa. everything will run on @ethereum. our focus is making sure anyone from different parts of the world has the right tools to make sure that upgrade happens in their country, city, industry or internet community.

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

TEEs got hacked, AGAIN. This time it’s TDX that went down. Just a few weeks ago @DanielGenkin and team had shown how to extract attestation keys for SGX. People reacted saying “its fine let’s use TDX”. Well guess what: TDX is now also broken. The paper here even shows how to use this to break NVDIA confidential compute, which means it’s not just TEE blockchains but also AI DePin that is rekt. I also hear people say “we will only allow permissioned validators to run nodes”. Ok but then how do you allow people to publicly recompute the state and verify the it’s correct if they cant run the TEE themselves? It’s impossible to have public verifiability and security at the same time with TEEs. Please lets stop this nonsense of relying on TEEs for decentralized applications, they clearly offer zero security and Intel doesnt care about making it better. We are talking about real users funds and data. Just use cryptography instead: FHE, MPC or ZK. Preferably @zama_fhe but honestly at this stage anything else than TEE will make me happy!

Name & Symbol: Mind Network ($FHE)
Address: 0xd55c9fb62e176a8eb6968f32958fefdd0962727e

What is happening is a clear crime under Argentine law, @juanbenet @WhiteFlamingo88 @scristobal94. Credit to @fernandezdiego for being honest, stepping out of the @crecimientoar mess and explaining why. This is only the beginning. Juan, James and Santi are blowing up the start of a major Ethereum conference just to make a quick buck. The funniest part is that you actually believe I am the reason this exploded. In the long run you will be glad this did not move forward, because the outcome would have been far worse. Journalists were already investigating and I made it public only to ensure you did not drag me into this nonsense. "However, I believe Crecimiento’s decision to move forward at this stage is mistaken. Turning this initiative into a private company that raises funds is not the way. Doing so using a token warrant makes it far worse. I believe a token should have no place in this. A Special Economic Zone is not a startup. It’s not a private business. It’s a project of civil society — one that can be driven by the private or third sector and articulated with the State, but never replacing it. I’m a firm believer in capitalism and private entrepreneurship, but this is different. Some causes cannot be approached purely through the lens of financial return; they require broad consensus to succeed. In this case, I believe society should lead, and the State should implement. Over time, the private sector will naturally collaborate, build, and benefit — but today is not that time, and this is not the way."

Name & Symbol: TokenFi ($TOKEN)
Address: 0x4507cef57c46789ef8d1a19ea45f4216bae2b528

Multiple newspapers have been calling and writing different people including me. I didn’t talk with anybody but it’s obvious this will become very public. The reason I had to go public on this is because they were asking me if I was supporting the token, I’m obviously not and I don’t want my company to be in any way or form tied to this nonsense. Crecimiento shouldn’t have raised for a token launch first. This was and is easily solvable. @juanbenet should just say: “we did a mistake, we shouldn’t have raised to be in charge of a special economic zone with a SAFE and a token warrant.”. The fact that this isn’t being said is because they do want to do it. They are looking to get a return on their investment. Doing this around Devcon is bad for all the community and journalists are asking about this because they know it’s nonsense and the general public doesn’t like it. Just kill this nonsense and move on.

Name & Symbol: TokenFi ($TOKEN)
Address: 0x4507cef57c46789ef8d1a19ea45f4216bae2b528

Multiple newspapers have been calling and writing different people including me. I didn’t talk with anybody but it’s obvious this will become very public. The reason I had to go public on this is because they were asking me if I was supporting the token, I’m obviously not and I don’t want my company to be in any way or form tied to this nonsense. Crecimiento shouldn’t have raised for a token launch first. This was and is easily solvable. @juanbenet should just say: “we did a mistake, we shouldn’t have raised to be in charge of a special economic zone with a SAFE and a token warrant.”. The fact that this isn’t being said is because they do want to do it. They are looking to get a return on their investment. Doing this around Devcon is bad for all the community and journalists are asking about this because they know it’s nonsense and the general public doesn’t like it. Just kill this nonsense and move on.

Name & Symbol: Safe Token ($SAFE)
Address: 0x5afe3855358e112b5647b952709e6165e1c1eeee

A new major attack of TEE blockchains just got published, and it’s bad. The attack lets anyone with physical access to a TEE node in a blockchain access all the encrypted data in it. The paper even includes 4 (!) proof of concepts attacks on existing mainnet chains. Anyone running a validator or a full node can run this attack with as little as $1000. There is no fix for this. The only “mitigation” is to not allow untrusted people to run a node or force them to use a cloud provider. This means you cannot have validators and RPC providers run their own hardware, as a single malicious node would compromise everything. The worse part is that this wasn’t the fault of the TEE protocols, it’s the fault of Intel who messed up their cryptographic implementation and ended up having deterministic memory encryption. And Intel wont fix it because it’s outside of the scope of their threat model. So let’s stop taking shortcuts and start using real cryptography such as FHE. It works, it’s fast and it’s secure! Article below

Name & Symbol: Mind Network ($FHE)
Address: 0xd55c9fb62e176a8eb6968f32958fefdd0962727e

Ethereum is winning the war for real world assets and nothing is close. I just looked at the numbers and oh my god. Two things to establish. First, RWAs are a network effect game. Liquidity begets liquidity. Institutions go where there's liquidity. Power laws win. Second, the network effect game is three fold. There's a good, better, best for Ethereum network effects. Good = Ethereum virtual machine (EVM) Better = Ethereum L2 Best = Ethereum L1 Ok. Let's go category by category on RWAs. Stablecoins. Ethereum has almost $160 billion of stablecoins on its L1, that's 57% of all stablecoins - already impressive. If you add EVM share you get 95%. That means 95% of all stablecoins reinforce Ethereum's existing network effects. Newer stablecoin focused networks - Stripe Tempo, Circle Arc, Plasma Tether - all EVM. Strange as it sounds, EVM momentum is dominant but increasing. Stablecoins are the king of RWAs, the OGs - 90% of all RWAs are stablecoins. No RWA class is as mature. All other assets will go where the stablecoins go. Winning stablecoins probably means winning RWAs and Ethereum stablecoin network effects are staggering. Treasuries. Ethereum L1 has $5.2 billion here, that's 70% share. Add EVM and you get 86% share of onchain Treasuries. All issuers that matter - BlackRock, WisdomTree, Franklin, Ondo have treasuries on Ethereum. No one gets fired for deploying on Ethereum, so everyone does - 34 total issuers on Ethereum, the next closest doesn't have half that number. Treasuries are the world reserve asset and Ethereum is the onchain home for treasuries. Gold. Ethereum L1 has 78% of the worlds tokenized gold - almost $2B worth. If you add the EVMs, it's 99.96%. Utterly dominant. Tokenized gold is poised for growth with crypto native issues like Paxos and Tether tripling down. And when the big gold institutions enter - say BlackRock's Gold EFT - where do you think they'll deploy? If you're bullish onchain gold you're bullish Ethereum. Stocks. Tokenized stocks are the most nascent of onchain markets and the most regulated - only $420m so far. Stocks is the one category Ethereum is not yet dominating. Ethereum L1 has $65m - that's only 15%. But look more closely - Algorand and Stellar only have 1 stock each, whereas Ethereum has 200. Exodus Movement is the single stock on Algorand and worth $215m alone, a clear outliner experiment - likely incentivized by Algorand. Remove those and Ethereum L1 is closer to 44% of total, trailed closely by Solana at 30%. Does Solana stand a chance here? Maybe. But consider the heavyweights about to enter - Robinhood, eToro, even Coinbase - all of these are preparing to list tokenized securities on Ethereum L2s. All of these will be ready when the SEC greenlights tokenized stocks. Robinhood alone has $170 billion in stocks it could move onchain to Ethereum. Hard to win against these network effects. Let's zoom out Adding stablecoins and non-stablecoin RWAs together you see Ethereum dominance. Ethereum L1 = 79% marketshare ($160B) Add Ethereum L2s = 86% marketshare ($185B) Add Ethereum EVMs = 93% marketshare ($200B) 93% of RWAs are good for Ethereum. 86% of RWAs are really good for Ethereum. 79% of RWAs are really really good for Ethereum. This is why people like @fundstrat say things like institutions are building on Ethereum - they are. Ethereum is winning the RWAs game and nothing is close. What if the EVM wins but Ethereum doesn't? Some people still find a way to believe that the EVM will win but Ethereum won't - they point to permissioned corporate chains building separate L1 EVMs and say, a-ha! They're building a better Ethereum! My friends - every centralized EVM chain just cements Ethereum's lead - the only thing the corp chains will agree on is using Ethereum for security and neutrality, none can compete on this dimension. What if Ethereum wins but ETH doesn't? Others will find a way to believe none of these RWA adds value to ETH the asset. How is this accretive to Ethereum revenue? My friends - if Ethereum becomes the world ledger you think it's farfetched to believe ETH the asset - with lower issuance than bitcoin or gold and better censorship resistance - you think it's farfetched to believe ETH will catch up and even exceed these other store of value assets? ETH issuance is .7% - issuance is capped - the world is starved for fixed supply assets that aren't anyone else's liability and have no counterparty risk. Once they see it the world will catch on. Ethereum = world ledger ETH = world reserve asset

Name & Symbol: Ondo ($ONDO)
Address: 0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3

I've received many inquires over the past few months, but when @fede_intern pitched me on this idea, to say it got me excited is an understatement. With the saturation in the RWA space re. tokenisation of securities, this brings in a new novel primitive which many will find interesting (and, ironically, maybe even more palatable and tangible). Well done lads!

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

Excited to see Loom Finance go live! A protocol we contributed to from @PolFinance_, together with @class_lambda & @levenue_com What makes Loom special? 👉 It bridges DeFi liquidity with predictable real-world revenues. 👉 Non-dilutive capital for businesses, yield-bearing assets for investors. 👉 Moves the RWA narrative from collateral-based lending to productivity-based financing. In a world where SMEs face a $400-600B yearly financing gap in Europe alone, Loom opens scalable rails for capital to flow where it’s most needed. Proud to contribute to building the primitives that connect crypto capital with real-world growth.

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

Incoming whitepaper of one of the multiple companies that we are helping build on top of @alignedlayer and @ethereum. We're about to launch a new RWA and DeFi primitive. https://t.co/XmodYvJmbG

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

@lex_node @StoryProtocol So sell X tokens for $82m at discount, then buy (X-1) tokens on open market to pump price. Book value rises from discounted sale + pump. Unaware stock investors buy shares from PIPE investors w no/minimal lockup thinking it’s arbitrage

Name & Symbol: TaleX ($X)
Address: 0x0510101ec6c49d24ed911f0011e22a0d697ee776