Tech is ready to modernize finance, but we have to modernize our laws first. The GENIUS Act was a huge step forward, let’s keep the momentum going. Wide adoption of solutions like ZK Proofs would be a massive unlock for consumer protection.

🍫 New Snark Chocolate Episode 🍫 Sunscreen’s FHE Future This week we sat down with @ravitals, founder of @SunscreenTech, to talk about the road to real-world FHE adoption. 🔐 Past, present & future of FHE 🏗️ Sunscreen’s architecture & design 🛠️ Tech stack & roadmap ✨ What sets Sunscreen apart 🤝 Collaboration with Monad 🧲 Tips for hiring in deep tech Spotify: Apple Podcasts: YouTube: Snark Chocolate Club on Telegram:

Morning! We work directly with a dedicated account manager at @AIatAMD who helps track software issues reported by our customers. Found a bug? File a GitHub issue, we’ll upstream it and follow it through to resolution. While we can’t guarantee timelines (some fixes may require a future ROCm release), this is a huge step forward from the old @AMD. We know how important it is for developers to feel heard, and now, they are. It is one of the many value adds that we offer. ❤️

Today, on @ethereum's 10th anniversary, we’re launching EigenDA V2 with 100 MB/s throughput, making it the first data availability solution to break the THREE-digit barrier. As Ethereum enters its second decade, we’re proud to help scale its next wave of innovation. Learn more 🧵

Some impressive results inside!

Came for the merch, stayed for the tech!

Dragonfly invested into PepperSec, Inc., the developers of Tornado Cash, in August of 2020. We made this investment because we believe in the importance of open-source privacy-preserving technology. Prior to our investment, we obtained an outside legal opinion that confirmed that Tornado Cash as built complied with the law, under the guidance given by FinCEN in 2019. The government has now stated in open court that they are contemplating charges against Dragonfly for having invested into the Tornado Cash team in 2020. On counsel’s advice, we have refrained from public comment. But we can no longer remain silent. We believe deeply in Americans’ right to privacy, and the lack of it remains one of crypto’s largest unsolved problems. We therefore stand by our investment. We did not operate or exercise any control over Tornado Cash, we had no contact with any malicious users, we always encouraged our portfolio companies to follow the law, and we maintain that Tornado Cash itself has a lawful right to exist—a view reinforced by Van Loon v. Department of the Treasury and OFAC’s subsequent rescission of sanctions. Charging a venture firm for a portfolio company’s alleged misconduct would be unprecedented, especially under these circumstances. In 2023 we received a DOJ subpoena and have fully cooperated with the government’s investigation of Tornado Cash, confident that we have always complied with the law. The DOJ has made clear that we are not ourselves a target of their investigation. As with every investment, we provided PepperSec the same advice and support we offer all portfolio companies. We believe the government’s statement in court today was primarily to undermine a defense of Tornado Cash—to make it more difficult for the defense to call Tom to testify on the stand. After all of this time—years later—bringing charges against Dragonfly would be outrageous, contrary to the facts and the law, and would induce a chilling effect onto all investment into crypto and privacy-preserving technologies in America. We don’t believe the DOJ would actually bring such absurd and groundless charges. But if they do, we intend to vigorously defend ourselves.

We are thrilled to announce that Ergodic, the holding company of @class_lambda, has acquired a minority yet strategically significant stake in @3miLabs. 3MI Labs is a research house dedicated to solving the most complex challenges in applied cryptography. This investment marks a pivotal moment in the collaboration between both companies. We have been working with @TomerAshur and his team for the past year, and we have been deeply impressed by their knowledge and practical skills. For instance, together with @class_lambda and @alignedlayer, we identified a significant soundness bug and a practical way to exploit it in one of the most popular zkVMs. Now, we are working together to address highly practical problems that require profound theoretical expertise. We’re confident you’ll hear more about our collaboration soon. 3MI Labs is working on transformative projects that will reshape the industry. With @class_lambda, @3miLabs, @FuzzingLabs, and @PolFinance_, we're assembling a world class team specializing in engineering, hacking, and theoretical and applied mathematics. Welcome to the team, 3MI Labs!

Went over these last night, amazing content. Would recommend for any aspiring zk devs to go through these

We just released 6+ hours of educational content. Made with 💛