Kool announced the show is moving to Monday through Thursday. Kool reported a crypto custody bill passed the Senate with bipartisan support, but faces a Biden veto threat. Dave criticized the administration for opposing self custody after printing record money, and hoped pressure from senior Democrats might change the outcome.
Dave detailed the pump.fun hack by an alleged disgruntled employee who siphoned nearly 80 million dollars before the FBI seized the site. Kool and Dave agreed the feds are closely watching crypto activity, and urged using VPNs.
0:08:52FBI seizure notice
0:12:01Dave's speculation on a Blast Network connection
0:13:46Separate low-balance wallets for degen trading
Dave highlighted Genius terminal for sharded cloud wallets and instant cross chain swaps without bridging. A speaker described creating accounts with email or phone, then trading any token on any chain in seconds with native integrations like GMX. Dave praised the superior liquidity and speed compared to centralized exchanges.
Kool and Dave discussed Bitcoin layer twos, Welsh, Runes and projects like B Squared and Merlin, plus Tether's Ubit off ramp. Kool warned of USDT regulatory risks, and praised self custody for traveling with large sums without bank limits.
0:21:3413F hedge fund holdings and CME spot trading
Kool shared tips for building an audience on X by creating consistent valuable content, daily videos and spaces, while using an eye catching PFP and banner. Dave covered the Alex Lab exploit where a phishing attack on one seed phrase drained over 30 million dollars in treasury funds. Bread stressed using tools like multisig, key sharding or offline vault wallets, and warned against blindly signing transactions.
0:42:40How protocols should secure treasuries
Kool expected post halving sideways action for months.
1:00:55Idea to pair a DeSci DAO with a meme coin treasury, election-season meme coins, Base, Solana liquidity, Stacks growth, closing call for patience
“You don't learn if you only show wins.”
Kool0:38:50Share on X
“Nobody at all is immune from any of this stuff.”
Dave0:42:40Share on X
“realistically, like, nobody here should be just blindly clicking anything anymore.”
Bread0:45:52Share on X
“the easiest one is you just spin up a blank new wallet and you assign that as, like, the vault, essentially.”
“gonna be slow, gradual, and all of a sudden.”
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Show discussion, not financial advice.
