Today the EF and OA announce zkAPI—a new means for private AI Picture this: deposit ether into a vault, sign a zk proof, get a fixed amount of private inference. Advances like these help us move past middlemen's requirements that we link our data and identities. Read more below

The chart is right. The conclusion isn't @LorenzoARK. Count only tokens held on-chain outside exchange wallets and the Ethereum ecosystem holds $1.14B of tokenized stocks, versus $0.66B on Solana and $0.44B on BNB. Here's the full picture, same source as your chart. 1/ Supply, not volume, is the scoreboard. Ethereum leads it. Raw supply today (Blockworks, Oct 2): BNB $1.14B, Solana $875M, Ethereum L1 $812M. L1 alone is #3; with its L2s (Arbitrum $158M, Robinhood Chain $146M, Base $35M) it's $1.15B, #1. But $700M of BNB's total sits in exchange custody wallets (Blockworks' CEX Balance metric), mostly Binance's, versus $213M for Solana and $13M for Ethereum L1.

Surprised this hasn’t gotten more attention: Ethereum L1 is barely showing up in the tokenized equities boom. Tokenized equities already account for 12% of spot DEX vol on-chain, yet Ethereum L1 has close to 0 market share. Robinhood, Arbitrum and Base are doing the gruntwork obviously. But where does that leave the L1? Tokenization is going to reshape the onchain economy, and tokenized equities are going to be the fastest-growing segment over the next 2 years. Ethereum needs a clear vision for what belongs on L1, what moves to L2s, and how the two fit together, from security and governance to liquidity and value accrual. More on this in my article next week.

I continue to like both gold and Bitcoin, but especially Bitcoin looks interesting right now. For one we broke through resistance at $80k, targeting $100k. 🧵(1/2)

Excited to announce Bitmine @BitMNR as co-host of the Ethereum Institutional Forum in London on 12 November. We are bringing several leading financial institutions into the room to discuss their digital asset strategies, and we are glad to be doing it alongside Bitmine. Bitmine is the largest Ethereum treasury company in the world, advancing the ecosystem through strategic treasury management, native protocol participation and MAVAN, the largest staking operator in the world. $BMNR $BMNP

The independent credit rating firm Egan Jones declares It’s Over and that the complete disruption of the economy is now “all but certain” thanks to AI.

Today the EF and OA announce zkAPI—a new means for private AI Picture this: deposit ether into a vault, sign a zk proof, get a fixed amount of private inference. Advances like these help us move past middlemen's requirements that we link our data and identities. Read more below

Quick updates on the Open Anonymity project (@OpenAnonProject)! 1. OA-chat is live! You can now signup: chat.openanonymity.ai 2. We collaborated with @ethereumfndn (@VitalikButerin, @DavideCrapis, @VittoStack, @curryrasul) to develop zkAPI, a new zero-knowledge protocol for accessing gated / paid APIs with unlinkability. It’s like a generalization of OA unlinkable inference that also abstracts payments away. Now also available on OA-chat! I'm excited because more infrastructure should exist where privacy and sovereignty is foundational and people are in control.

A new Economic Letter highlights that stablecoin issuers' Treasury holdings have grown more than $200B in five years, helping offset the decline in China's holdings. sffed.us/4rG1Ure

Barring a spectacular crash this afternoon, SPX will have just had a +14% Q2 followed by a positive Q3. And how has Q4 been during every previous year with a similar setup?

Yes. This is correct DATs are essentially permanent holders of crypto, thus, removing supply - and in up cycle, more DATs trade above NAV buying more crypto See the virtuous cycle ?

What happened to stablecoins will happen to tokenized equities -- blockchains are unapologetically superior to TradFi's rails.

Is crypto spring turning into a full-blown bull market? Next week, @fundstrat takes the OKX Main Stage to make the case. Wed 7 Oct, 10:00 AM

🚨 JUST IN: Tom Lee at Korea Blockchain Week 2026 outlines his reasons on why a crypto bull market is underway. He cites Bitcoin topping its 200-day moving average, returning institutional inflows, tokenization, generational wealth transfer and AI agents using digital money.

New Fed guidance: “There is no need for urgency.” John Williams, the vice chair of the FOMC, delivers notably precise pushback in guiding against an October rate hike that has been getting priced by investors. newyorkfed.org/newsevents/sp… He lays out his base case: One more hike “may be appropriate late this year.” Following Warsh’s press conference two weeks ago, markets had pushed pricing of an October rate increase above 50% — to as high as 70% in futures markets in recent days. Here is the key passage from the NY Fed president’s prepared remarks on Tuesday afternoon: “With the policy action we took at our September meeting, there is no need for urgency, and we have time to gather more information. The accumulation of more data should provide greater clarity on the underlying trends in the economy and the associated risks to achieving our goals—and thereby the appropriate setting of monetary policy.” “If the economy evolves in a manner broadly consistent with my forecast, one further upward adjustment of the federal funds target range may be appropriate late this year to support a timelier return of inflation to target. But that is just my forecast, and time—and the totality of the data—will tell.”