Jeff Dorman

Had a great time talking to the @therollupco crew today. Think my part starts around the 1:26:30 mark. I promise to never to do a podcast again though if I caused the crash. The Rollup @therollupco Nov 5 Happy Thursday, live from Tokenization Tower We're all gonna die. Lol. What a morning, we saw US tech stocks lose $1.3 trillion in 30 minutes & the Nasdaq 100 is on track for its worst day since April 2025. Some big liquidation event certainly just hit the tape. Lots to cover

Article Binance Was Hacked. Blockchain Wasn't. The Largest Crypto Hack in History Just when it seemed like the crypto industry was finally moving beyond its reputation for hacks, fraud, and operational incompetence, the world’s largest

The best returns have been apps that have moved up the value capture framework, not L1s. There is still no evidence that L1 tokens benefit in any way from underlying network usage. An L1 only benefits if they also own the stablecoin fees and DEX fees. An L1 by itself has little Matt Hougan @Matt_Hougan Nov 3 People write off crypto projects that aren’t yet focused on value capture, not realizing that can change over time. Some of the best returns of the last year have been in projects moving up the value capture framework. Quote Kyle Samani @KyleSamani Nov 3 step 1 - win step 2 - profit

Coinbase finally beat earnings after 4 quarters of whiffs, and $COIN stock falls 15% anyway because of Binance and tech stocks. Market just doesn’t buy the story anymore. High fee retail trading is dead, and the rest of the business is just a conglomerate of low growth, low Wall St Engine @wallstengine Oct 29 COINBASE $COIN Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $1.22B (Est. $1.23B) 🔴; -35% YoY 🔹 EPS: $2.51 (Est. -$0.06) 🟢 🔹 Transaction Rev: $590M (Est. $527M) 🟢; -44% YoY 🔹 S&S Revenue: $570M (Est. $561.5M) 🟢; -20% YoY 🔹 Adj. EBITDA: $332.9M (Est. $290.2M) 🟢; -58% YoY 🔹 Net