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Eli5DeFi News Recap

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⭐️HIGHLIGHTS ⭐️

> CryptoCred - Trade Identification
> a16z - 6 must watch talks for early-stage crypto startups
> Coinbase - cbBTC is live and Has reached $100 mcap on D1
> OpenAI - Introducing o1 Model
> Grayscale XRP Trust Launch
> Trump - WLFI Launch on September 16th

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⭐️ELI5 THREAD ⭐️

> Blockchain-Focused Hardware

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⭐️ NEWS ⭐️

> Binance - $HMSTR Launchpool
> Ethereum ETFs - Continue to Struggle
> Sky - To offload wBTC based on voting
> CoW Swap - Handle 24% volume on Ethereum
> Pendle - Bitcoin Arc
> TADA - Ride hailing launch Telegram Mini-Apps accept TON or USDT
> 21shares - Diversify Custodian
> Anata NFT sunsetting
> Binance - Launch BNSOL
> ParaFi - Tokenizing $1.2B Portfolio of Avalanche through Securitize
> Alan Curtis - Appointed as COO of Eigen Labs
> Spectre AI - Partnering with Enjinstarter
> Manifest - The Unlimited Orderbook
> Chaos Labs - Edge Oracle Network
> Squid - Goes Chain Abstraction
> TreasureDAO - Plan to Moves to ZKSync
> Stablecoin - Circulation ATH

⭐️ BOOKMARKED

> Yash B - Coding YT moment incoming
> 0xLouisT - High FDV Coins, The Icarus Myth of This Cycle
> Artemis - Onchain Insights
> Substack - Ticking time bomb
> Kaito AI - Dan Park Interview
> Shoal Research - Bringing Macro Markets Onchain with Ostium
> Castle Island - The Emerging Market Story
> Decentralised co - Trusted Enclaves
> App T2 - How L2s Can Enhance Collaboration
> Our Network - Polygon Mega Issue
> Yulesa - Understanding Crypto Data 1 / 2 / 3

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⭐️ FUNDING⭐️

> Open Eden - Strategic Investment from Binance Labs

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⭐️ TESTNET/ AIRDROP⭐️

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