Patrick Star

@Nillion With Dusk launching, what matters most to me is that it turns the “crypto market” from a narrative into usable infrastructure.

The logic behind Covenants is straightforward: you set conditions such as “if BTC rises to X, I’ll buy Y,” encrypt them, and put them on-chain. Before the conditions are triggered, all that can be seen on-chain is an encrypted Covenant—no one knows your direction, position, or trigger price. Once triggered, decentralized nodes decrypt and execute it. There’s no centralized matching, and you don’t have to worry about your strategy being copied in advance.

The biggest difference from traditional limit orders is that Covenants can’t be canceled and expire automatically. If they aren’t triggered within the 30-day window, they expire while still sealed, and your intentions remain private throughout. For large capital and strategic trading, this matters more than privacy alone.

$NIL #NIL

@Nillion has turned privacy into an executable product, and I really appreciate that.

Privacy used to mostly mean “data doesn’t leak.” Covenants go a step further: the conditional instructions themselves are encrypted on-chain, so even the intent stays hidden until they’re triggered. Want to automatically buy ETH when BTC reaches a certain price? You can lock the instruction in advance as a Covenant. When the time comes and the conditions are met, decentralized nodes unlock and execute it. No one can see it or front-run it beforehand.

Dusk is the starting point for the seven eras of Encrypted Markets, and it’s already live on Ethereum mainnet. Turning privacy from a slogan into an executable layer that can be used on-chain—that’s what makes this phase of Nillion especially worth watching.

$NIL #NIL

What traders fear most isn’t getting the direction wrong—it’s having the whole internet watch their order before it even fills. Place a conditional order, and before the price gets there, your strategy is already exposed, with a crowd in the mempool waiting to sandwich you.

Nillion’s Covenants are designed to tackle exactly this: encrypt conditional instructions into a Covenant and put it on-chain. No one can see what’s inside before it’s triggered; only then can a decentralized committee of nodes unlock and settle it. No reliance on a single custodian, and no revealing your intent ahead of time.

Dusk is the first stop on this Encrypted Markets roadmap, already live on Ethereum mainnet. Up next are Darkfall for multichain support and Skyglow for cross-chain settlement, leading all the way to Neon, a dedicated language for Covenants. The possibilities are only just opening up.

$NIL #NIL @Nillion

I’ve recently taken a deep dive into Nillion’s Covenants, and what impresses me most is the idea of encrypting conditional instructions on-chain: your transaction intent remains sealed until it’s triggered. Others can tell that a Covenant exists, but they can’t see what you want to buy or at what price it will trigger. Once the conditions are met, decentralized nodes unlock settlement, so there’s no need to rely on a single custodian or expose your strategy in the public mempool where it could be sandwiched.
Dusk, the first of the seven eras of Encrypted Markets, is already live on Ethereum mainnet, turning encrypted execution from a concept into a usable product. I’m most excited about Darkfall’s upcoming multichain expansion and Nightside’s support for conditions based on arbitrary data sources. Conditional execution could evolve beyond price triggers toward more general on-chain logic.
$NIL #NIL @Nillion

It's here, it's here! The Tesla Cybercab, a self-driving electric vehicle, is visiting even more cities on its nationwide tour.

Suzhou 10/10–18, Shenzhen 10/16–25, Ningbo 10/22–27, Shanghai 10/29–11/1, Chengdu 10/30–11/8.

No steering wheel, no pedals—just open the gull-wing doors and step into the future. Which stop is closest to you?

$BNB #Cybercab

The little-known Bitway (BTW) surged 140x in 3 months.

With a circulating market cap of $6.87 billion, it ranks 16th globally. From $0.0076 to $2.36—doesn’t this price action and pumping style look familiar?

I’m not the only one getting ready to make a move, am I?

$BNB $BTC $BTW

From the King of Crypto to a crypto adviser, and now a fitness coach.

CZ's execution is seriously impressive—he built Binance into the world's biggest exchange, and now he's trained his physique to the top level too. Those muscles are so impressive, even KOLs would have to call him Coach.

People with strong execution excel in any field. 💪

$BNB #CZ

At 31, worth over a billion USD, stepping out in a T-shirt and baggy shorts.

Hyperliquid’s founder Jeff looks like this—so low-key he doesn’t feel like a billionaire at all. The only “show of status” is the ring of bodyguards behind him.

Back in 2019, he was still living in a small apartment in Puerto Rico, renting for less than $2,000 a month. He took $10,000 of his own money and did quant trading—he even couldn’t bring himself to buy a monitor. He just used a TV as his screen.

A few years later, he turned the money he earned into Hyperliquid, taking zero dollars from VCs. And in 2024, he went even harder: he directly airdropped 31% of $HYPE (then worth $1.2 billion) to users—selling nothing to institutions.

From $10,000 to a net worth of a billion, in five years. A truly grassroots origin-story in the crypto world.

$HYPE #Hyperliquid

Attention when going to Singapore to attend Token2049: don’t connect to public WiFi!

I just saw another person get caught—connected to the venue’s WiFi and their wallet was immediately stolen. In places like this where crypto people gather in crowds, hackers have long set up phishing traps waiting for you.

I know a guy: a few years ago he joined a crypto meetup and connected to a WiFi network. He lost over $4 million—back then Bitcoin was still under $20,000.

When you go to attend: get your data SIM in advance, turn on your own hotspot, and don’t touch public WiFi. Saving a few dollars on data is nothing compared to losing your entire wallet.

$BTC $ETH #security

Solana Foundation goes big: launches an open-source solution that cuts institutional trading and settlement from days to seconds. Behind the scenes, JPMorgan is also lending its support.

Slow traditional financial settlement has long been a major headache, and T+2 still exposes counterparties to risk. If institutions really adopt the high-speed settlement of $SOL , the imagination space for on-chain finance opens up instantly.

Wall Street won’t say it out loud, but its actions are already very honest. #Solana

The U.S. government moved nearly $1.8 billion worth of seized $BTC within two days; most of it was the recovered proceeds from the 2016 Bitfinex hack, with 9,261 coins sent directly to Coinbase Prime.

No need to panic—most likely it’s just a custody rebalancing: last March, Trump already signed an executive order stating that the seized bitcoins cannot be sold and must all be added to the country’s strategic bitcoin reserve. The U.S. government currently holds about 328,000 coins.

It’s just a whale relocating assets. The market gets shaken every time it sees a big on-chain movement, and people love watching from the sidelines. #Bitcoin

Stripe's stablecoin cards are set to expand to 100+ countries by the end of the year, and it is still exploring tokenized deposits and DeFi.

The logic for payments giants is simple: wherever there is demand for dollars, stablecoins will follow. When stablecoins can be spent like a card, the wall between on-chain and off-chain collapses.

$USDC #stablecoin

More than 60 US stocks are set to be put on-chain: tokenized stocks such as Nvidia, Tesla, etc. will be traded through a 24/7 trading platform. Settlement will be handled via stablecoins through on-chain liquidity pools, without relying on a traditional order book.

US stocks trade 7×24 hours with T+0 settlement, and with no global barriers—this time, RWA really intends to take a bite out of traditional brokerages.

$BTC #RWA

Another graveyard for meme coins is added: Kishu Inu founder is sued by U.S. prosecutors for wire fraud, accused of misleading investors about the founder’s holdings and token sales, with the amount involved exceeding $9 million.

Behind the meme-coin overnight-riches myth, half of it is the pincer. The founder yells “diamond hands” while secretly dumping—this script has been seen too many times.

$KISHU #Meme

Good news: The US FinCEN has withdrawn two long-suspended proposals—reporting transfers of $10,000 to private wallets and regulating mixers.

These two “tightening spells” that hung around for years, but were never put into effect, have finally been lifted. A sigh of relief for the compliance pressure on self-custody.

$BTC #监管

Solana Foundation goes all in: launches an open-source initiative that allows institutional trades to settle within seconds, not days. Even JPMorgan Chase is here to weigh in.

Slow traditional financial settlement is a century-old pain point. Solana is taking direct aim at SWIFT and DTCC.

$SOL #Solana

The stablecoin war is on: Arbitrum officially joins the Paxos-led Global Dollar alliance, supports USDG, and can also share in reserve yield.

Stablecoin competition has long stopped being about “who’s more stable,” and instead about “who gets the money.” Issuers, chains, and users are all vying for the piece of the reserve interest pie.

$ARB #Stablecoin

Bitcoin falls below $83,000; $550 million in leverage evaporates overnight, and long positions are the worst-hit.

The spark was a report on Iran’s strike plan: oil prices jumped, U.S. Treasury yields climbed, the U.S. dollar strengthened, and risk assets were hit across the board.

But don’t forget: over the past three months, Bitcoin is still up 30%. During a bull market, pullbacks are always the best fuel for over-leveraging.

$BTC #行情

Robinhood starts stockpiling crypto too: the balance sheet adds $25 million worth of Bitcoin.

It’s not a lot of money, but the signal is clear—this retail-industry giant is buying crypto while also pushing perpetual contracts, determined to make crypto a standard offering.

The way traditional finance enters is always the same: start with a small position to test the waters, then go all-in on the infrastructure.

$BTC #institution

The U.S. government is once again moving Bitcoin: it transferred 9,261 Bitcoins (about $770 million) into Coinbase Prime within two days.

Half of them were recovered from the Bitfinex hacker case, and 2,456 more were newly discovered law-enforcement seizures—America’s “strategic Bitcoin reserves” are growing more and more.

Under a Trump executive order from last year, seized Bitcoins can’t be sold; they can only be added to reserves. The market’s biggest fear—an “U.S. government dumping” scenario—is unlikely to happen for now.

$BTC #Bitcoin