icymi, @Lombard_Finance is trying to fulfill their onboarding layer to more custodial wallets.
+ previously was @coolwallet
+ this time is @Ledger
The difference lies in the state of Ledger: ~22% of circulating BTC supply is held by Ledger's users.
And if you have not recognized how big that amount is, then it's roughly $4b in value.
From now, users on Ledger are able to access LBTC and use it across DeFi apps without moving BTC anywhere else.
It's just a few more easy steps instead of holding idle BTC.
This combo Lombard x Ledger feels solid at BTCFi.

Welcome to BTC Yield, Ledger users.
@Ledger, the company securing ~22% of the world's Bitcoin, has partnered with Lombard and @Figment_io to introduce ‘BTC Yield’ to its 8M+ Ledger Wallet™ users while staying fully in control of their assets.

Lombard

Twitter

Written by: Hongyu

Foreword
I've been following Nikita Bier since around 2023 when I started my own social product startup, and I've wanted to write about him ever since he joined X as product manager last year.

His three products—Politify, TBH, and GAS—have all achieved considerable success. His company only has a dozen or so people, and while none of these products may have reached the point of being "too big to fail," that requires perfect timing, location, and people. But he is one of the most insightful social product managers in my opinion, and many in the English-speaking community call him the king of viral marketing.

Nikita Bier...

Tracing the entrepreneurial journey of the X product manager: Why did Nikita Bier clash with Infofi?

Onchain investigator ZachXBT said a victim lost more than $282 million worth of Bitcoin (BTC) and Litecoin (LTC) in a scam involving a hardware wallet earlier this month.In a post on X, ZachXBT said t...

ZachXBT Highlights $282M Theft of Bitcoin and Litecoin in Hardware Wallet Scam

Author: Jing Yang (X:@unaiyang)
Reviewers: Colin Su, Grace Gui, NingNing, Owen Chen
Designer: Alita Li
Abstract: The problem with China's real estate market is not merely a cash flow shortage, but rather the lack of transparency, non-management, unverifiable cash flow, and unpredictable exit strategies for a large amount of existing assets, thus deterring capital investment. This paper proposes pathways for risk clearing, asset stratification, capital exit, and institutional reform, and uses REITs (exit assets) and equity-based financing (exit capability) to form a dual-exit closed loop. ...