Anatoly Yakovenko, the co-founder of Solana Labs, is calling on Web3 entrepreneurs to prepare for the unexpected—specifically, the kind of brutal downturns that can shake even the most promising crypto ventures.
In a recent social media post, Yakovenko advised project leaders to regularly simulate extreme market conditions. His suggestion: run a quarterly drill imagining a catastrophic 95% market crash. These “fire drills,” he explained, aren’t just hypothetical exercises—they’re strategic planning tools meant to expose operational weaknesses before real chaos hits.
To guide these simulations, he proposed three key questions every team should confront:
Yakovenko also warned against complacency, noting that declarations of Solana’s dominance could backfire. In his view, the network’s real strength lies not in short-term hype but in continued, disciplined development. While Solana has made strides, he emphasized, it’s far from “finished”—and so is the broader crypto journey.
El Salvador has secured a $120 million disbursement from the IMF as part of its $1.4 billion loan agreement, but only after agreeing to reduce direct government involvement in Bitcoin operations.
A breakthrough from Google’s quantum division is reshaping assumptions about the future of cybersecurity—and may bring the cryptographic foundations of Bitcoin closer to vulnerability than previously believed.
Meta’s top AI scientist, Yann LeCun, is challenging the status quo in artificial intelligence, arguing that current language models—despite their popularity—lack the foundational traits of real intelligence.
A severe disruption in Japan’s government bond market is setting off alarm bells far beyond Tokyo, with analysts warning the fallout could spread across global financial systems—crypto markets included.