Latest news with #Fluid
New York Post
15 hours ago
- Business
- New York Post
Millionaire's wild advice to new entrepreneurs: ‘Quit your job'
As a teenager, Simon Squibb lost everything. He was homeless, grieving and isolated. His world was in ruins following the sudden death of his dad. 'I was 15 when my dad died of a heart attack in front of me. Eight minutes after saying he didn't feel well, he was gone,' Squibb recalled. What followed was eight weeks of homelessness where he was left sleeping in phone boxes, stairwells and on park benches in London. But it was in that dark period that the entrepreneurial 'muscle' in his brain kicked in. 'I walked past a big house one day, the garden was messy, and my brain said: 'maybe they'll pay you to clean it.' I'd never thought like that before,' he said. 'I didn't want to knock on the door, I was terrified, but I did. And they said yes.' That moment didn't just earn him his first dollar. It planted a seed that would shape the rest of his life. 5 As a teenager, Simon Squibb was left homeless, grieving, and alone after his father's sudden death shattered his world. @SimonSquibb/Instagram 'I realized I didn't need someone to give me a fish. I could build my own pond.' Now a multi-millionaire entrepreneur with a string of flashy accolades to his name, Squibb spends his days encouraging others to do the same, to 'build their own pond,' whatever that may look like. He has built 19 companies in his lifetime, including creative agency Fluid, which he sold to PwC in a rumored six-figure deal. He's invested in more than 80 start-ups, authored a best-selling book called 'What's Your Dream?' and recently launched an app of the same name where users can get free advice from an AI version of him. But ask him what drives him now, and it's not money. 5 Squibb is now a multi-millionaire entrepreneur with countless accolades to his name. @simonsquibb/Instagram 'I plan to give it all away before I die,' he said. 'I don't want to leave behind wealth. I want to leave behind people who believe in themselves.' Later this year, he's bringing that message to Australia as part of his 'What's Your Dream?' tour, which he hopes will ignite something in those feeling stuck. 'We've been sold a lie,' he argued. 'The university, the job, the retirement plan … it's all part of a packaged narrative that keeps you trapped.' 'People end up following a life path they didn't even choose. They just went along with what they were told was 'safe' or 'smart.'' 5 Squibb has built 19 companies in his lifetime, including creative agency Fluid, which he sold to PwC in a rumored six-figure deal. @SimonSquibb/Instagram It's a sobering statement given the current economic climate, where even highly skilled Aussies and educated university graduates are battling to get ahead financially. 'University teaches us to conform. They sell us a degree, a job, a life plan. But universities are a business. Of course they'll market themselves as the path to happiness, that's how they survive,' he said. Which is exactly why, according to Squibb, young people should feel empowered to walk away from unfulfilling jobs. 'Quit your job? Maybe. But do it with purpose,' he said. 'If they're in jobs that don't align with their values or dreams, absolutely.' 5 Squibb said that anyone 'with a phone in their hand can build a new life.' @simonsquibb/Instagram 'But I'm not romanticizing it. It's not easy. You'll face rejection, failure. That's the point. You grow through the challenge.' He added that anyone 'with a phone in their hand can build a new life.' It might not happen overnight, and it might not look like what their parents envisioned, but it's possible. 'We live in a time where opportunity is more accessible than ever. You can start a business on your phone. You can find an audience online. You can monetize your skills without needing permission,' he said. He's not suggesting everyone throws in the towel immediately, but he is calling for a mindset shift. A move away from doing what's expected, and toward doing what feels meaningful. 5 'The purpose of life is not to retire with a pile of money. It's to wake up excited about what you get to do that day,' Squibb added. Andrii Iemelianenko – 'Being rich isn't a dream, it's the by-product of one,' he said. 'Your purpose is usually buried under pain you've lived through. People wait until they're in crisis before they change direction. I want to get to them earlier, before the burnout and breakdown.' For many in their twenties and thirties, his message is sobering. Skyrocketing living costs, stagnant wages, and a spiraling housing market have forced younger generations to question what exactly they're working towards. 'The purpose of life is not to retire with a pile of money. It's to wake up excited about what you get to do that day,' he said. 'If you don't have that, it's time to start dreaming again.' Squibb said clarity often came from action. 'Take a small step. Knock on a door. Try something that scares you. That's where confidence comes from, not from reading books or watching TED Talks, but from doing,' he said. And if there's one message he hoped people would walk away with from his tour, it's that, you don't have to wait for permission to change your life. 'You don't need to be the smartest, the richest, or the best connected,' he said. 'You just need to be brave enough to begin.'
Yahoo
6 days ago
- Business
- Yahoo
Fluid passes Uniswap in daily volume on Ethereum
Uniswap may still be one of DeFi's top dogs, but a rising rival is closing the gap. Fluid, a DeFi protocol with lending and a decentralised exchange, is closing in on Uniswap after notching record trading days over the past week. Fluid briefly passed Uniswap in daily trading volume on Ethereum, handling almost $1.5 billion in volume on Sunday — a record high for the two-year-old protocol. This comes slightly above Uniswap's $1.3 billion in volume that day. Measured by trading volume, Uniswap has been the top decentralised exchange on Ethereum since its launch in 2018, being passed only once briefly by dYdX in January 2024. While Fluid has gained traction, Uniswap still commands over 60% of weekly trading volume on Ethereum-based decentralised exchanges, according to Dune data. Throughout 2025, Fluid and Curve battled for the second spot, with Fluid eventually overtaking Curve. As of Monday, Fluid accounted for about 21% the prior week's trade volume. On Saturday, Fluid overtook Uniswap in terms of stablecoin volume, having a 55% market share across Ethereum, Base, Arbitrum, and Polygon, according to Dune data. Launched in 2023, Fluid provides lending and swapping services. It was founded by a team that previously created Instadapp, a middleware platform that helped develop features for some of the largest DeFi projects, such as Aave, Uniswap, and Curve. Deposits into Fluid have grown 40% year-to-date to over $1.4 billion, according to DefiLlama. Fluid's key feature is its so-called liquidity layer, which serves as a foundation for other protocols to launch on. It aims to solve liquidity fragmentation, one of the biggest problems in DeFi. When a protocol launches, it has to find ways to attract liquidity, including by distributing its native token as an incentive. Even with incentives and superior features, however, a protocol might struggle to attract substantial liquidity. To solve that problem, Fluid allows protocols to be built on top of its liquidity layer. When users move assets from one protocol to another, they enjoy the same amount of liquidity. 'Liquidity Layer minimises capital fragmentation and maximizes the potential for liquidity utilisation across protocols, ultimately driving greater value for users,' says Fluid in its documentation. Additionally, Fluid's liquidity layer automatically adjusts the collateral ceiling when funds are reaching borrowing limits. This feature restricts sudden large withdrawals or borrows, giving developers time to react in the event a protocol is hacked or exploited. Currently, there are three protocols — lending, vaults, and a decentralised exchange — built on top of the liquidity layer, with more planned in the future. Fluid's lending protocol allows users to lend Ethereum and other stablecoins to earn yield. Fluid also offers capital-efficient borrowing and gas-efficient liquidation mechanisms with its vaults product, allowing users to borrow up to 95% of their collateral. Fluid's decentralised exchange Fluid's decentralised exchange became the fastest growing exchange on Ethereum, reaching $10 billion in cumulative volume in just 100 days, 24 fewer days than the second fastest, Sushiswap. Since the exchange is integrated with the lending platform, lending fees are directed toward borrowers, and users can turn their collateral and debt into trading liquidity, lowering the cost of capital to borrow. Currently, Fluid's decentralised exchange offers mostly assets that are closely correlated, such as stablecoins and cryptocurrencies such as Bitcoin and Ethereum. Alex Cutler, co-founder of competing liquidity protocol Aerodrome, said that 'the measure of a [decentralised exchange] is its ability to capture and redistribute value.' 'Fluid has a solid niche in the [decentralised exchange] space by reducing cost per unit of yield in correlated assets, but the reason most [decentralised exchanges] don't focus there is because it's the lowest margin business line for an exchange,' said Cutler. He pointed out that users have already lost over $20 million in an Ethereum and USDC vault, according to Dune data. The team plans to cover this loss by vesting 500,000 Fluid tokens, worth about $2.7 million on Tuesday, to make up for the loss. But Fluid co-founder Samyak Jain said that most of this loss was due to users leveraging Ethereum at a high price, and the $20 million number is inaccurate, although he did not state the total amount lost. In response to Fluid passing Uniswap in Ethereum trading volume, Jain said 'while it's a great achievement for Fluid, I think the real win will be when Fluid is able to compete on the volatile pairs & fees.' Fluid's token hit a record high of about $375 million in market value in December, though it has since dipped to $215 million. In April, the team announced upgrades to Fluid's decentralised exchange, additional protocol launches on top of the liquidity layer, a future launch on Solana, and the integration of real-world asset and foreign exchange markets. Fluid also plans to release the 'lite' version of its exchange, which it claims will be the 'most gas efficient' exchange on Ethereum. Jain said that he expects this upgrade will add $400 to $600 million in daily volume. Zachary Rampone is a DeFi correspondent at DL News. Have a tip? Contact him at zrampone@ Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
7NEWS
24-06-2025
- Entertainment
- 7NEWS
Babyshambles guitarist Patrick Walden dead at 46
Babyshambles guitarist Patrick Walden has died, aged 46. The sad news was announced by the band's official Facebook page. 'It is with deep regret and sadness that we share the news of Patrick Walden's death,' the band wrote. 'We feel very fortunate to have known, loved and worked with him and we kindly ask for respect and privacy during these difficult times. 'Peter, Drew, Mik, Adam.' The Babyshambles was formed in 2004, with the band releasing its self-titled single Babyshambles later that year. The Babyshambles frontman Pete Doherty made the band instant tabloid fodder, during his high-profile romance with British supermodel, Kate Moss. Walden was part of the initial line-up which included Doherty, bassist Drew McConnell, and drummer Gemma Clarke. The band released its debut album, Down in Albion, in 2005, which entered the top 10 album charts. Walden left the band in 2005, with him returning the following year to play for them during a number of gigs. Prior to Babyshambles, Walden played guitar with Fluid, the Six Cold Thousand, and The White Sport. He later left the band due to substance abuse problems. A number of fans poured their hearts on the band's Facebook page. 'A brilliant guitarist. Always skating on the edge yet somehow holding it together to glorious effect. Punch it, Patrick!' one fan wrote. 'Such an absolutely incredible musician. RIP,' yet another wrote. 'Heartbroken. I knew Patrick well. He was my guitar teacher and mentor over the last 5 years,' another wrote.
Extra.ie
23-06-2025
- Entertainment
- Extra.ie
Tributes pour in as rock legend dead at 46
Patrick Walden, the former lead guitarist in the British rock band Babyshambles, has died at the age of 46, the band have announced. Writing in a statement also shared by Pete Doherty on Friday eve, the band said: 'It is with deep regret and sadness that we share the news of Patrick Walden's death. Today's top videos STORY CONTINUES BELOW 'We feel very fortunate to have known, loved and worked with him and we kindly ask for respect and privacy during these difficult times. No cause of death has been given at this time. Born on October 5, 1978 in London, England, was the guitarist for Babyshambles for a short amount of time, following its formation by Pete Doherty in 2004 after he was kicked out of the Libertines for drug abuse. He joined the group as lead guitarist alongside Doherty on vocals, Drew McConnell on bass and Gemma Clarke on drums, and co-wrote six songs on the bands 2005 debut Down in Albion including Fuck Forever', 'Pipedown' and 'Loyalty Song'. Fuck Forever went on to become the groups biggest single, reaching No. 4 on the U.K. singles chart. He had previously played in bands including Fluid and White Sport, left the group in 2005 after dealing with drug abuse and accusations of assaulting his girlfriend, which led to a brief incarceration, although the charges were eventually dropped. Walden never officially rejoined the band, but he would pop in for performances over the years. Doherty once described him as 'the best guitar player I ever worked with'.'
UPI
22-06-2025
- Entertainment
- UPI
Former Babyshambles guitarist Patrick Walden dead at 46
June 22 (UPI) -- Former Babyshambles guitarist Patrick Walden has died at the age of 46. "It is with deep regret and sadness that we share the news of Patrick Walden's death," the British rock band posted on Instagram Saturday. "We feel very fortunate to have known/loved and worked with him and we kindly ask for respect and privacy during these difficult times. Peter, Drew, Mik, Adam." Details regarding the cause and circumstances of his death were not specified. Variety noted that Walden was an original member of the band when singer Pete Doherty and Drew McConnell formed it in 2004. Walden co-wrote six songs on the group's debut album, Down in Albion, then quit the band in 2005 to deal with substance-abuse and legal issues. Walden -- who also performed with the bands Fluid and White Sport -- reunited with Babyshambles for numerous shows over the years, but never officially rejoined the group. The current lineup of Babyshambles includes Doherty, McConnell, Mick Whitnall and Adam Ficek. Their other albums include 2007's Shotter's Nation and 2013's Sequel to the Prequel. Notable deaths of 2025
