Jerome Powell thirst traps

Hi,

Sorry about this, but hear me out.

Today’s livestream covered:

• The U.S. Open with Interview Mag’s Jake Nevins

• Robinhood’s crypto moves with its GM, Johann Kerbrat

• Stargate acquisition with LayerZero’s CEO Bryan Pellegrino

Love,

The Boys

Writer: Deana

Editors: Miranda & Natasha

Come hang with Boys Club in NYC at The Aptos Experience by applying to the travel scholarship NOW. 3 spots on offer - all expenses paid!

Google’s Layer-1. A hot new bombshell just entered the corporate blockchain villa and her name is Google. In reporting this story, I had to make the trip to LinkedIn dot com, which is where Google’s Head of Web3 Strategy posted the announcement of their intention to build the Google Cloud Universal Ledger. The chart, drafted in comic sans, outlines the value prop for Google’s layer-1 next to Arc (Circle) and Tempo (Stripe), and it basically comes down to its supposed neutrality, as it won’t be tied to any one payment ecosystem. That said, if anyone reading this newsletter considers Google to be credibly neutral, please respond and lmk.

Onchain Crimes. Big news for the worst person you know. Ye (formerly Kanye West) dropped a Solana coin called YZY last Thursday. It shot to a $3B market cap within about 40 minutes, but is now down bad, having lost over 80% of its value. The insiders? They’re trading. The wallets? They’re consolidated. The website drafts grand plans for a ‘YZY payment ecosystem’ including a crypto payments processor called ‘Ye Pay’ and a non-custodial debit card called ‘Ye Card.’ Idk. The crime is so abundant in this story that there was a second coin launched via Ye’s hacked Instagram on Monday that turned out to be fake.

Quick Hits.

• Who is tweeting for Elizabeth Holmes?

• “Borrow against your Polymarket positions” is next level degeneracy.

• OpenAI co-founder got married at the office. Okay!

• Pantone 448C, “the ugliest color in the world," unfortunately makes Norwegian nicotine products look extremely cool.

• The much-asked-for link to the viral trauma release exercise we discussed on last week’s livestream.

• A Winklevoss brother scores an own goal.