The DOJ's fraud section tracked $16 billion in intended losses in 2025, a record year that produced more cases, more convictions, and a new National Fraud Division. The same week, a USPTO patent examiner was fined $500,000 for reviewing patents at companies she owned stock in. Trump used the State of the Union to declare a war on fraud while promoting $187 billion in SNAP cuts that would remove 2.4 million people from food assistance. A judge blocked the USDA from collecting Social Security numbers to verify SNAP eligibility.

The Philanthropy Project reported that $4 billion in DAF transfers between 2021 and 2023 were reported as charitable grants but never left the donor-advised fund ecosystem. Fidelity, Schwab, and Morgan Stanley sponsors shuffled money between each other, counted it as giving, and no nonprofit saw a dollar. Charitable giving in America exceeds $500 billion a year. The accountability infrastructure has not kept up. On-chain tracking is a structural answer to a structural problem.

Somalia's food crisis doubled to 6.5 million people facing acute hunger, according to IPC data. At the same time, 54% of Somali households in Minnesota rely on SNAP, and Trump's proposed work requirements and budget cuts target exactly that population. The SOTU address framed food stamps as a waste problem. The data says it's a lifeline. The gap between what's shrinking and what's needed is the window WYDE was built for.

Coinbase opened stock trading to all U.S. users and partnered with Yahoo Finance to embed a "Trade on Coinbase" button across its platform. That is 900 million monthly visitors routed to the same exchange ecosystem that hosts Base blockchain, where $EAT lives. Every expansion of that ecosystem is ecosystem growth for us.

Tether invested in Whop, a creator marketplace doing $500 million in annualized GMV. MrBeast acquired Step, a banking app with over 5 million users. We covered the Step acquisition last week. Now Tether and the biggest creator on the internet are both racing to own the same payment layer WYDE already built. The difference: their models require celebrity brands and content schedules. Ours runs on smart contracts and interchange fees automatically.

Trump ordered all federal agencies to stop using Anthropic technology after the company refused a Pentagon request. Anthropic said no to building autonomous weapons systems. The White House designated them a supply chain risk. The company that refused to militarize AI was treated as a national security threat. Worth watching what happens to companies that say no. Full story →

Wyoming LLC formations surged past every state except Delaware, with a16z publishing data showing the trend accelerating. Kraken launched Trump Accounts for Wyoming newborns. Senator Lummis championed the state's DUNA and SPDI frameworks. WYDE is a Wyoming DUNA. Every validation of that jurisdiction validates our choice.