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Major Project Updates: 🔹Hyperliquid launches canonical outcome markets with validators as the source of truth, removing third-party oracle dependencies. 🔹Berachain introduces PoL Next to streamline tokenomics and minimize inflation. 🔹Base rolls out Base MCP, enabling AI agents to swap, trade, and connect to leading Base apps. 🔹Pump expands to USDC pairs and multichain trading across Ethereum, Base, BNB, and more. 4/6

Yesterday, our industry witnessed something unprecedented. In the past, when a CEX faced negative news, users could still freely move their assets to another platform. But this time, many users discovered something alarming: They were not unable to leave HTX — they suddenly had nowhere to go. Following the UK sanctions-related concerns around HTX, some third-party risk-control systems broadly labeled wallets interacting with HTX as “high risk.” As a result, many normal users experienced: restricted transfers, blocked transactions, and in some extreme cases, frozen accounts on other platforms simply for depositing funds from HTX. This level of large-scale, indiscriminate risk control against ordinary users is unprecedented in crypto history. What makes this even more troubling is: HTX itself is operating normally. Trading, deposits, withdrawals, and OTC services are all functioning as usual. But somehow, the users became the problem. And that is something the entire industry should reflect on. Because the people being affected are not “HTX users” alone. They also trade on Binance, OKX, Bybit, Coinbase, and many others. They belong to the crypto industry as a whole. If concerns exist around a platform, then measures should target the platform itself — not ordinary users through broad collateral damage. At the moment, HTX withdrawals remain fully operational. Users can still move assets on-chain. But if users eventually feel safer keeping funds only on-chain, or exiting entirely through OTC markets, then this is no longer an HTX issue. It becomes a crisis of trust for all centralized exchanges. And in a market already struggling with weak confidence, this could cause lasting damage to the entire industry. To put it simply: Crypto can survive without HTX. But crypto cannot survive without user trust. We want to clearly state: HTX fully supports compliance efforts and is actively cooperating with all relevant parties to resolve misunderstandings as quickly as possible. We respect the need for exchanges to follow compliance requirements. But we also believe ordinary users should not become victims of flawed or overly broad risk-control systems. Therefore, we sincerely call on all exchanges and industry partners to: 1️⃣ Work together with third-party security and compliance providers to address the current situation affecting users, and improve industry-wide risk-control standards. 2️⃣ Implement more precise review mechanisms for normal users interacting with HTX, so legitimate funds and users are not unfairly impacted. HTX is fully willing to cooperate throughout this process. Finally, to everyone who still trusts HTX and continues to keep assets on our platform: Thank you. HTX will not run away. We will stay here, face the situation directly, and continue working until these issues are fully resolved.

Updates since then: * Deepseek v4 is out. There *is* a 2-bit quant that can run within 90 GB ( ), and it works, however it's only fast on Apple hardware (I've head ~35 tok/s). On AMD, it's ~7 tok/s. IMO actually taking the effort to properly support more than one hardware manufacturer is a great example of the difference between mere "decentralized AI" and genuine "CROPS AI". I hope we can become better at this. * also has alpha telegram support now. However, the path to adding your account is quite janky * looks promising as a way to run "dense" models (eg. Qwen 27B) more efficiently. It's janky, but on my 5090 laptop it seems to be ~2x more tok/s than llama.cpp * VoxTerm (local AI recording, no third-party servers) continues to be developed And there's a lot more projects coming on the horizon. One other thing that has been on my mind is that there's actually a lot of intersection between "CROPS ethereum access layer" and "CROPS AI". For example, we want a ZK way to make (paid) calls to remote LLMs. But if we have this, then it's just as useful for solving another problem: private RPC reads in Ethereum. Another example: application-specific finetuned LLMs. Leanstral ( ; I get ~38 tok/s on AMD) fits into < 70 GB, but can hold its own against 1T models on writing Lean code. Things like this are a huge boon for writing more secure code ( ). We should have models finetuned for Ethereum-related use cases as well.

Why is the creator of OpenCode pretty skeptical about AI productivity gains, and the hype around AI? A very conversation @thdxr (and lots of truth bombs:) Timestamps: 00:00 Intro 07:03 Dax’s path into tech 09:04 Early startup experience 13:16 Getting involved with open source 16:13 OpenCode 23:17 Anthropic banning OpenCode 30:34 From terminal to GUI 32:34 OpenCode’s business model 36:33 Why inference is profitable 39:11 GPU bottlenecks 40:54 AI hype 45:50 AI spending 48:47 Dax’s memo 55:41 Dax’s skepticism of predictions 58:58 Engineering culture at OpenCode 1:02:38 How building works at OpenCode 1:05:36 Taste and quality 1:11:32 Dax’s work setup 1:12:35 The role of engineers and EMs 1:15:50 Advice for engineers 1:18:12 Book recommendation Brought to you by: • @AntithesisHQ – verify your system’s correctness without human review or traditional integration tests – and avoid bugs or outages • @WorkOS – everything you need to make your app enterprise ready • @turbopuffer – a vector and full-text search engine built on object storage. It’s fast, cheap, and extremely scalable Three interesting thoughts from Dax: 1. No AI-native coding agent company is “winning” by being better with AI. Dax says that none of OpenCode’s competitors are crushing them, and that nobody is using AI so well that others cannot compete. 2. Most software engineers profit from AI as time gained, not increased output — unless you change incentives! Dax says the natural way for software engineers to “cash out” their AI tooling gains is with time savings, by doing the same work as before, but faster. Until compensation and motivation structures change, most teams should expect output to stay flat while engineers go home earlier. There’s nothing wrong with this, but AI vendors sell a different outcome to CFOs: increased output. 3. AI code generation mutes the “guilt” of doing the wrong thing, but this builds up tech debt. Pre-AI, writing a hack felt bad, the second time it felt really bad, and by the third time you’d often just refactor in order to fix up the code. Now, the agent hides the hack, which skews devs’ judgment and results in less tech debt being cleaned up.

Elon Musk’s goal for The Boring Company is to solve one of the most miserable daily experiences on Earth: traffic Cities are three-dimensional But transportation is still mostly trapped in a two-dimensional surface network Roads, intersections, bottlenecks, traffic lights, accidents, construction, weather - everything gets stacked on the same flat layer until the entire system chokes The Boring Company’s answer is simple but radical: Go underground Build fast, low-cost tunnel networks under major cities and turn transportation into true 3D infrastructure Right now, the focus is on making tunneling dramatically faster and cheaper with machines like Prufrock, which is designed to mine continuously while installing tunnel liner at the same time But the long-term vision goes much further Local Loop tunnels could move people across cities without surface traffic, while future Hyperloop-style systems could connect entire cities at ultra-high speed Imagine going from Los Angeles to San Francisco, New York to Washington D.C., or Dubai to Abu Dhabi in a fraction of today’s travel time - underground, electric, direct, and protected from surface congestion That is the real mission: Building the missing third dimension of transportation This is how you actually attack soul-destroying traffic at civilization scale

⚡️ Renaiss has just reached the $15M milestone. It took 116 days from its November launch to hit the first $5M. The most recent $5M was achieved in just 27 days, reflecting over a 450% increase in growth rate. 📊Today, Renaiss has achieved: •⁠ ⁠$15M+ total platform volume, with $2.17M+ in P2P volume and $12.86M+ Gacha revenue •⁠ ⁠233K+ registered users •⁠ ⁠6900+ cards ($1.27M+ on-chain, locked in Renaiss’s Vault OS across 4 countries (US, SG, Hong Kong, and MY) This milestone comes shortly after Renaiss graduated from @EASYResidency Season 3, backed by @yzilabs However, the bigger indicator is the infrastructure supporting this volume. Renaiss’s Vault OS provides verifiable third-party custody on-chain, transforming vaults and authorised shops into permissionless access points for real-world collectibles. It unlocks vault-backed liquidity and trustless access. Taste has always delivered value. Renaiss is constructing the trustless infrastructure for that value to move globally on-chain. Reaching $10M in 5 months was a milestone. Achieving $15M just 27 days later demonstrates a faster pace. Built with the community. Powered on @BNBCHAIN The on-chain renaissance continues. 🏗️

To everyone in the HTX community concerned about the recent news, I’d like to clarify the situation and reduce unnecessary panic and misinformation. First, this is a relatively common compliance review process. We are actively communicating with all relevant parties to resolve misunderstandings as quickly as possible. HTX also sees this as an opportunity to further strengthen our compliance and risk-control systems, helping the platform become even more resilient. At present: Platform operations are normal User assets remain secure Deposits, withdrawals, and trading are functioning normally There is no need for excessive concern. For users asking what they should do right now, there are two options: 1️⃣ Do nothing You may simply wait while we complete communications with relevant parties and resolve the situation. HTX has operated for 13 years and has weathered multiple market cycles and industry challenges. We remain fully committed to protecting user assets and platform security. Our support team and I will continue to be available 24/7 to assist users. 2️⃣ If you still feel uncomfortable, you may temporarily withdraw assets on-chain Deposits and withdrawals are currently operating normally, and users are free to make their own decisions. ⸻ What happened? On May 26, the UK Foreign Office announced a new round of Russia-related sanctions under The Russia (Sanctions) (EU Exit) Regulations 2019. The list included 18 crypto-related entities and individuals, including a company named “Huobi Global S.A.” According to the UK statement, this entity allegedly provided financial services and technical support to the Russian exchange Garantex and the A7 crypto payment network. However, there is one very important point many people misunderstand: “Huobi Global S.A.” is not the same thing as the HTX exchange platform used by global users today. Many people equate a brand name with a legal operating entity, but global businesses often operate through multiple legal entities across different jurisdictions for compliance purposes. So: Sharing a similar brand name does NOT mean sharing the same legal entity, operational structure, or asset system. The HTX platform used by users today operates independently under its own structure. ⸻ Why users should not panic 1️⃣ The sanctions target a specific legal entity This is not a “brand-wide sanction.” The UK sanctions apply to a specific listed entity and do not automatically extend to all businesses using similar branding. The practical impact is also mainly limited to the UK financial and regulatory system. ⸻ 2️⃣ The sanctions mainly affect relationships inside the UK financial system This may include: Restrictions involving UK financial institutions Suspension of payment or intermediary relationships Asset-related measures within UK jurisdiction But this does NOT mean: Global user assets are frozen HTX has stopped operating Users cannot trade or withdraw funds At this time, the platform continues to operate normally. ⸻ Why did the situation escalate so quickly? Some third-party blockchain security providers applied broad risk labels to related wallet addresses in a “one-size-fits-all” manner. This affected certain normal user transactions and created unnecessary panic and speculation. Our compliance, security, and legal teams are already communicating with the relevant parties, and we expect the issue to be resolved soon. We understand the community’s concerns and will continue to communicate transparently. If you have any questions, please feel free to reach out to us or our support team anytime.