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So to recap the morning:
- $QNTX Pre-IPO markets were grossly mispriced for once, IPO pricing was actually fairly efficient
- ZEC potential infinite mint (#2) vulnerability discovered, token down -28%, turnstills are not a real solution, there are some plans for mitigations but this will probably be a brick on the head for the narrative (XMR, RAIL to benefit? privacy narrative to take the backseat at once?)
- FCA warning for Hyperliquid
- Some drama about the novadotmarkets team being the valhalla_defi team which is an abandoned project, except only VCs knew, not the community nor MegaETH?
- PumpFun basically formalized the Black Mirror episode angle on it
(not a good day for Hoffman: ZEC, HYPE, LIT, VVV all down double digits#BTCETFOutflowRecord #ZECOrchardInfiniteMint #AnthropicSafetyParadox
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