Hyper Foundation - Announced HYPE Genesis: Unlocking the Future of Finance
The Hyper Foundation is launching HYPE, the native token for the Hyperliquid blockchain and its HyperEVM
> HYPE, the native token, is crucial for HyperBFT consensus and HyperEVM development
> The HyperEVM expands access to this liquidity for applications built on Hyperliquid
> A genesis distribution of HYPE (and optional Hypurr NFT) is available to eligible users
Users must accept Genesis Event Terms by November 11, 2024, to participate
Source: HYPE
> It's Time to $PUFFER
https://x.com/eli5_defi/status/1845857306938106261?t=bZ-OMCDcX2B7pIbCt3W4aw&s=09
Eli5DeFi News Recap
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Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)
————
⭐️HIGHLIGHTS ⭐️
> CopperHQ - Appoints Former Goldman Sachs MD Amar Kuchinad as New CEO
> Banq - Bankruptcy Application Dismissed: U.S. Judge Calls It a 'Bad Faith' Tactic
> Samara Asset Group - Issues $32.78 Million Bond to Boost Bitcoin Holdings and Alternative Investments
> Deutsche Bank - Partners with Keyrock to Provide Foreign Exchange Services for Crypto Market
> Telegram - Establishes Office in Kazakhstan to Boost Regulatory Compliance
————
⭐️ELI5 THREAD ⭐️
> MortgageFi - How to Get $45M with $2000?
> Eli5DeFi - Weekly Post Highlights
> Eli5DeFi - Weekly Project Spotlights
————
⭐️ NEWS ⭐️
> Bitcoin - Surges Past $64,000, Fueled by China Stimulus Hopes and Market Optimism
> $dTAO - Revolutionizing Bittensor's Decentralized AI Ecosystem
> Kaspa - Strategic Initiatives Fueling Ecosystem Growth and Technological Advancements
> Visa's VTAP - Revolutionizing Digital Payments with Tokenized Assets
> MicroStrategy - Leads Crypto Stock Gains in Pre-market Trading
> Coindesk - Token Unlocks Loom: $500M in Cryptocurrency Set to Hit the Market
> Digital Asset Investment - Product Inflows: A Correlation with US Political Shifts
> OKX - Lists Pre-Market Futures for GRASS Crypto
> Soneium - Announcing the Winners of the Soneium Spark Incubation Program!
> EigenLayer's - EIGEN Token: A Market Analysis and Future Outlook
> Airdrop - $GRASS Airdrop Update: October 21st Checker & Okx Listing
———
⭐️ BOOKMARKED
> Jefferies - Report: Bitcoin Mining Profitability Drops in September
> Vitalik - The Next Chapter of Ethereum: Enhancing Proof-of-Stake
> Scott Bessent - Strong Dollar Predicted Under Potential Trump Presidency, Despite Tariff Plans
> DWF Ventures - Sui, Aptos, and Movement: A Comparison of Move-Based Public Chains
> LGHT - Eccentric-Led Innovation in Crypto
> Reggie James - A Land Without Giants: The Search for New Tech Archetypes
> Jim - The Two Embarrassing Trends in Crypto: Memecoin Gambling and Layer 2 Speculation
> doug funnie - Analyzing Low Market Cap Crypto: Identifying Patterns for Success
> Clark Tang - Insights from Altimeter: Nvidia's Full Stack Approach and the Future of Accelerated Computing
> Undefined Labs - Scroll: The Future of Ethereum's Layer 2?
> Google - Bitcoin Search Interest Hits One-Year Low Despite Price Surge
————
⭐️ FUNDING⭐️
> Solv - Raises $11M
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⭐️ TESTNET/ AIRDROP⭐️
> N/A
Key Differences Among Sui, Aptos, and Movement Public Chains
1. Architecture
> Aptos and Movement: Both chains utilize a linear blockchain architecture, where blocks are added sequentially, and state updates occur through batched transactions
> Sui: Features a Directed Acyclic Graph (DAG) structure, which allows transactions to reach consensus independently, enhancing throughput
2. Consensus Mechanism and Time to Finality (TTF)
> Aptos: Implements AptosBFT, enhancing efficiency by limiting communication to a leader node
> Sui: Uses Mysticeti, allowing a single validator to sign blocks and appoint multiple leaders, optimizing transaction submissions
> Movement: Adopts the Avalanche Snowman consensus mechanism, where a majority of a validator sample is required, causing delays in case of conflicting decisions
3. Ecosystem
> Aptos: Has a more established ecosystem, benefiting from a longer operational period with more projects compared to Sui and Movement
> Sui and Movement: Both are actively working on builder support and funding initiatives to foster growth
Source: What are the real differences between Sui, Aptos and Movement?
Eli5DeFi News Recap
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————
⭐️HIGHLIGHTS ⭐️
> Avalanche Foundation - Repurchases AVAX Tokens from Terra's Bankruptcy Estate
> Monochrome - Launch ‘World First’ Ethereum ETF on Cboe Australia
> eOracle - Introduces Merit-Drop: A New Paradigm for Incentivized Ownership and Governance Distribution
> Ethena - Initiated Proposal to Add SOL as a Backing Asset for USDe
> Brad Garlinghouse - Accuses SEC of Overstepping Bounds Over XRP Ruling
————
⭐️ELI5 THREAD ⭐️
> Eli5DeFi - Weekly Post Highlights
> Eli5DeFi - Weekly Project Spotlights
————
⭐️ NEWS ⭐️
> PEPE Holder - Lost $1.39 Million in Cryptocurrency (PEPE, MSTR, and APU) Due to a "Permit2" Phishing Signature on October 13, 2024
> AmbCrypto - Crypto Market’s Weekly Winners and Losers
> Bitcoin - Futures Open Interest: A Deep Dive into Market Sentiment and Trading Activity
> SpaceX - SpaceX's Mechazilla Catches Super Heavy Booster: An Epic Moment
> Valour - Launches Sui (SUI) ETP on Spotlight Stock Market
> DeepBook - Announces DEEP Token Launch - Claim Details Inside
> EdenWeb3 - Successful Pitch at bEras Tour in HCMC: Featuring the Role of Eden Healers
> Puff - Ultimate Trilemma (October 15th-22nd) & $COOK Launch (October 23rd)
———
⭐️ BOOKMARKED
> Greg Osuri - Advocates for Distinct Regulation in the Decentralized Physical Infrastructure Sector
> Blackrock - Rapid Adoption of Blockchain and Digital Assets: Crypto's Promising Future
> Tyrogue - The WMAF Dynamic: A Socioeconomic and Phenotypical Analysis
> cupojoseph - GCP Fund Security Review & Oversight Proposal: A Debate on Transparency and Accountability
> lightcrypto - SUI's Meteoric Rise: Is It Justified or a Setup for Retail Investors?
> goodalexander - The Murad Paradox: Meme Coins, Cults, and the Rise of AI
> Teng Yan - Overhyped or Underrated? Exploring the Potential of AI in Cryptocurrency
> 1mpal - Off The Grid: A Web3 Game Changer?
> TBC - Unlock Viral Growth: Lessons from Verse's 10 Million User Surge
> DeeKay - DeeKay's Crypto Nightmare and Recovery
————
⭐️ FUNDING⭐️
> N/A
————
⭐️ TESTNET/ AIRDROP⭐️
> N/A
https://x.com/lightcrypto/status/1845636291460772163?t=Skpd3_MEzNxYEML_RVB38w&s=09
Читать полностью…
> $TRKX token listing 🔥
https://x.com/official_trakx/status/1845484335576592650?s=19
https://x.com/omeragoldberg/status/1845515843787960661?t=m4L6V6Ri5gmvy4mhfyHjSA&s=09
Читать полностью…
Eli5DeFi News Recap
Support us by subscribing :
Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)
————
⭐️HIGHLIGHTS ⭐️
> Trump - Sets World Liberty Token Sale Date Ahead of US election
> Linea - Proposes Decentralization, Including Proof-of-Stake, to Transition zkEVM
> Unichain - Introducing Unichain: A New Era in General-Purpose Layer 2 Solutions
————
⭐️ELI5 THREAD ⭐️
> PredictHuB - The First Prediction Markets on Arbitrum
> Eli5DeFi - Weekly Post Highlights
————
⭐️ NEWS ⭐️
> Horst Jicha - $5 Million Bond Escape: Disappears from NYC Amid Fraud Charges
> Nillion Network - Revolutionizing Secure Computation for Privacy-Preserving AI
> Application-Specific Sequencing (ASS) - A Comprehensive Overview
> Protocol Learning - A Decentralized Approach to Training Foundation Models
> Crypto-Powered Information Games - Generating and Monetizing Data in a Decentralized World
> TRAC and TAP Protocol - Revolutionizing Bitcoin's Layer One
> Dogecoin - Sees Increased Network Activity: What It Means for Prices
> Vitalik Buterin - Sells Off Various Tokens, Netting Over $600,000 in ETH
———
⭐️ BOOKMARKED
> Only Apes - Memecoin Mastery: Winning Strategies Beyond the Cult
> ZachXBT - Reports Surge in In-Person Crypto Robberies Across Europe
> SlowMist - ChatGPT Arbitrage MEV Bot Scam: How Scammers Steal Your ETH
> Kevin Sekniqi - Avalanche Scalability and Validator Hardware: A Necessary Upgrade?
> Lookonchain - $4.8 Million AAVE Buy Signals Bullish Sentiment
> Stockmoney Lizards - Predicts $75K-$80K Surge: Is it Realistic?
————
⭐️ FUNDING⭐️
> Gate Ventures x Movement Labs x Boon Ventures - Raise $20 Million to Accelerate Web3 Innovation
————
⭐️ TESTNET/ AIRDROP⭐️
> N/A
Eli5DeFi News Recap
Support us by subscribing :
Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)
————
⭐️HIGHLIGHTS ⭐️
> Ryan Salame - Begins 7.5-Year Prison Sentence
> Arbitrum DAO - Faces $120 Million Recall Amid Gaming Fund Delays
> SARS - Revenue Service Targets Crypto Users for Tax Compliance
————
⭐️ELI5 THREAD ⭐️
> PredictHuB - The First Prediction Markets on Arbitrum
> Eli5DeFi - Weekly Post Highlights
————
⭐️ NEWS ⭐️
> Telegram Mini Apps - Transforming the Mobile Landscape and the Telegram Revolution
> Andrena DAWN - Pioneering the Decentralized Internet
> Longling Capital - From $114M Liquidation to $168M ETH Holdings
> Neiro - Parts Ways with Gotbit, New Partners Incoming
> GSR Markets - Becomes Largest $NEIRO Holder (Excluding Bybit)
> USDC - Gas Fee Payments on Base Network: A Major Unlock
> Neon EVM - Bridging EVM and Solana for a Unified User Experience
> James Howells - Legal Battle for $647 Million Lost in Landfill
> Karate Combat - Launches Layer-2 Blockchain, UP, and Expands Gaming Ecosystem
> FLOKI - FLOKI's Rise: Leading a Memecoin Rally in Q4?
> CVE-2024-35202 - Critical Bitcoin Core Bug Affects 13.7% of Nodes, Risk of Network Shutdown
> Zaheer - Ethereum's 2024 Tragedy: A Deep Dive into the Market Forces Behind ETH's Underperformance
———
⭐️ BOOKMARKED
> Evan Cheng - Sui's Gaming Device is a Software Play, Not Hardware
> Karl Kreder - Quai Network: A Deep Dive into Scalable PoW, Dual-Token Economics, and Privacy
> paulbettner - The Keys to Successful Paid Influencer Marketing for Games: Reach, Retention, and Revenue
> david phelps - Why Base Surpassed Arbitrum in TVL
> Tushar Jain - The Impact of Zero Gas Fees on L1 Token Value and Utility
> Flashbots - Unlocking Secure Hardware: Addressing the Challenges of Trusted Execution Environments
> hitesh.eth - VC Coins vs. Memecoins: A Neutral Perspective on Long-Term vs. Short-Term Investments
> 2077 Research - Wildcat Finance: Reimagining Undercollateralized Credit in DeFi
> Emily Lai - Growing a Web3 Following on X: Consistency, Engagement, and the Power of Sharing
> Vitalik - Ethereum Ecosystem Dynamics: Opinions on L1/L2 Fee Variance and Market Saturation
> Andre Cronje - Why Appchains Aren't the Logical Choice for Builders
> arndxt - Solana DEXs Dominate: Outperforming CEXs in Perpetual Liquidations
> DefiIgnas - From Points-for-Airdrop to Yap-to-Earn: The Evolution of Token Issuance
> him/gamingcurrencies">abradeux - From Pixels to Profits: The Evolution of In-Game Currencies
————
⭐️ FUNDING⭐️
> N/A
————
⭐️ TESTNET/ AIRDROP⭐️
> N/A
Off The Grid's Stealth Launch: A Surprisingly Fun Free-to-Play Game With Future Crypto Plans
Off The Grid, a seemingly obscure battle royale game, exploded onto the scene thanks to savvy Twitch marketing and surprisingly fun gameplay
> While fun and free-to-play, the game hints at future NFT features and a crypto marketplace, leaving players curious and cautious about this unexpected crossover
Will it redefine gaming or ignite backlash? Only time will reveal the outcome
Source: Off The Grid
> Weekly Post Highlights
https://x.com/eli5_defi/status/1845120605806526620
https://x.com/gakonst/status/1844757392061542781?t=cGO0cna3-magPoGa-B-4tg&s=09
Читать полностью…
Anyone already played Off The Grid? 👀
https://x.com/eli5_defi/status/1844969867738480817?t=oMMbCYrMHPpmZ9x3AIPAGA&s=19
Introducing Base on Phantom
Coinbase's Ethereum layer-2 blockchain, allowing users to access the Base ecosystem, manage NFTs, and trade tokens across multiple chains from a single, secure interface
> The integration offers a unified interface for managing assets across Solana, Ethereum, Bitcoin, and Base
> Enhanced security features include Ledger support, spam filtering, and transaction simulation
Source: Base on Phantom
https://x.com/felixprotocol/status/1845836198385992082?t=b0gYY3PR5O48HLsgRXOu4A&s=09
Читать полностью…
> Check Your Nudge Points:
https://x.com/eli5_defi/status/1845849573614669864?t=iVRha-t4dQxl_GObrD7h9A&s=09
> How to Get $45M with $2000?
https://x.com/eli5_defi/status/1845812240857141340
Unlocking ORE's Potential: Boosts Ignite the Solana Ecosystem
ORE is introducing "Boosts," staking multipliers expanding to new tokens and partnerships across the Solana ecosystem
> Altering ORE mining while maintaining a steady 1 ORE/min supply increase to a 21m token cap
> ISC Money has been announced as the exclusive stablecoin launch partner for the boosts
> CLI users can now mine and stake with compatible pools without needing to download custom client software
Unlock your potential—boost your stakes with ORE!
Source: ORE
Uniswap's Unichain: A $468 Million Potential Windfall?
Uniswap's new layer-2 blockchain, Unichain, is projected to generate nearly $500 million annually for Uniswap Labs and UNI token holders, primarily from fees previously paid to Ethereum, while potentially causing losses for Ethereum validators and ETH holders
> Unichain allows Uniswap Labs to capture all Maximum Extractable Value (MEV), estimated at 10% of Uniswap's total fees
> Ethereum validators and ETH holders are projected to experience losses due to reduced fees and ETH burned
Source: Uniswap's Unichain
Ethereum's Privacy Shield: The Silent Compliance VM and Institutional Adoption
The Silent Compliance VM, part of Silent Protocol’s Ghost Layer, aims to balance user privacy with compliance in the decentralized ecosystem
> Distributed Key Generation (DKG): Allows multiple participants to collaboratively create a shared public key while keeping their private keys confidential
> Verifiable Secret Sharing: Enhances data integrity by allowing participants to verify the correctness of their shares.
> Non-Interactive Zero-Knowledge Proofs: Ensures computations are correct without revealing sensitive information
Source: Silent Compliance VM
https://x.com/TyrogueD/status/1845476743613657197?t=vmRw8DYubS1SB92h4kYGmQ&s=09
Читать полностью…
Weekly Project Spotlights
https://x.com/eli5_defi/status/1845493896434028654?t=vU2t33aIAM_eqy2hu3UrxA&s=19
Crypto Games: The Future of Information
Crypto-powered information games offer a more powerful way to produce and monetize valuable information than traditional methods employed by companies like Google
> zkTLS: Allows entities to verify data without revealing it, facilitating new business models
> TEEs & MPC: Sellers can provide insights using sensitive data without exposure, securing revenue streams
> Futarchy: Establishes new opportunities for buying and selling valuable information
Source: Crypto-Powered Information Games
Neon EVM: Igniting the Solana Spark
Neon EVM is accelerating its integration with Solana, transitioning from an isolated EVM layer to a fully Solana-native experience
> A key challenge for EVM protocols on Solana is the need for Rust developers: Neon EVM addresses this by providing a bridge between EVM and Solana development
We're not just bridging chains, we're building the express lane to Solana's future
Source: Neon EVM
Rothko on Pennies: An NFT Art Project Explored
"Rothko on Pennies," which encodes an image across numerous contract balances, allowing for artistic "hacking" through balance manipulation, showcasing the evolving nature of on-chain artwork and its interactive possibilities
> The design lets users "vandalize" the image by altering contract balances through techniques like "force feeding"
> "Force feeding" and integer overflow were used to modify and restore the artwork
Source: Rothko on Pennies
Eli5DeFi News Recap
Support us by subscribing :
Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)
————
⭐️HIGHLIGHTS ⭐️
> SEC - Delays Ethereum ETF Options Listing Until December
> LATAM Crypto Boom - Economic Instability Fuels Safe Haven Adoption
> Python Package Index - Emerging Malware Threats in Crypto: Under Siege
> Fairdesk - Officially Shut Down on Nov.30: Regulatory Concerns Force Closure
————
⭐️ELI5 THREAD ⭐️
> PredictHuB - The First Prediction Markets on Arbitrum
> How to be a Savvy Degen? Feat. The Thing by PrivateAI
> Based Rollups and Preconfs
> EigenLayer AVS Ecosystem
————
⭐️ NEWS ⭐️
> Avalanche Foundation - Negotiates Repurchase of 1.97 Million AVAX Tokens from LFG: Awaiting Court Approval
> Dria - Introducing Steps: Incentivizing a Decentralized Synthetic Data Economy
> SUI - TVL Surge, Open Interest Rise, and Future Outlook
> Decentralized Derivatives - A Deep Dive into Hard Liquidity and Synthetic Models
———
⭐️ BOOKMARKED
> AMBCrypto - Ethereum Traders Beware: Critical $2,300 Support Level Could Trigger Sell-Off
> Karon - Binance Tokens: High Float & High Volume
> goodalexander - The Attention Economy: Predictable Patterns and the Rise of AI
> Andy - The Modular Ecosystem's Explosive Growth in the Next 6 Months
> Silent Protocol - Silent Compliance VM: Cryptography for Institutional-Grade Ethereum Privacy
> Etherscan - "Rothko on Pennies": Hacking, Art, and the Evolving Meaning of On-Chain Creations
————
⭐️ FUNDING⭐️
> N/A
————
⭐️ TESTNET/ AIRDROP⭐️
> N/A
X Empire: Spot Trading and Future Details
OKX exchange announces the listing of X Empire, a Tap-to-earn Telegram game token, for spot trading and pre-market futures, detailing deposit, trading, and withdrawal timelines, along with pre-market futures delivery mechanisms, price limits, and risk warnings
> Opening deposits on October 15th, 2024, and trading on October 24th, 2024
> Allows players to earn in-game tokens convertible to $X
> Pre-market futures for X will be delivered 3 hours after spot market listing, with the delivery price calculated based on an OKX index price
Source: X Empire
Eli5DeFi News Recap
Support us by subscribing :
Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)
————
⭐️HIGHLIGHTS ⭐️
> Trump - World Liberty Financial Will Start Public Token Sale Next Week
> Mt. Gox - Delays Creditor Repayments Until 2025, Bitcoin Selling Pressure Concerns
> China's Ministry of Finance - Plans Massive Debt Swap to Alleviate Local Government Financial Strain
————
⭐️ELI5 THREAD ⭐️
> PredictHuB - The First Prediction Markets on Arbitrum
> How to be a Savvy Degen? Feat. The Thing by PrivateAI
> Based Rollups and Preconfs
> EigenLayer AVS Ecosystem
————
⭐️ NEWS ⭐️
> Tigran Gambaryan - Remains Imprisoned in Nigeria Following Bail Denial
> Ryan Salame - Dog-Bite Delay Tactics Fail, Prison Sentence Begins
> Horst Jicha - $150 Million Fraudster Vanishes After Tampering with Ankle Bracelet
> Chris Larsen - Donated $1 Million in Cryptocurrency to a PAC Supporting Kamala Harris's Presidential Campaign
> DePIN - A Micro-Franchise Revolution for Emerging Markets
> Maker (MKR) - MKR Price Drop After Rebrand: Rune's Response
> Syndica - Deep Dive: Solana DeFi - September 2024
> Ethena - A Superior Stablecoin Poised for Explosive Growth
> Ithaca - Accelerating the Crypto Frontier with Odyssey
> Zero1 Labs - Announced the Upcoming Launch of the Cypher Testnet in 9 days
> Prime Intellect - Launched INTELLECT-1: A 10B Parameter Model Trained Decentralized
> Cielo - Announced the Integration of the Sui Blockchain, Offering Fast and Cheap Transactions
> Bitcoin - Crypto Market Rebounds Sharply on Friday, Fueled by China Fiscal Policy Hopes
> OurNetwork - Layer 1s: Coverage on Sui, Aptos, TRON, and TON
———
⭐️ BOOKMARKED
> Domer - Domer's Polymarket Strategy
> Good Game Podcast - Q4 2024 Crypto Market Analysis: Bullish 2025?
> TAO Times - zkML Advances & Bittensor Ecosystem Updates
> Scroll Airdrop - Binance Launchpool Allocation Sparks Outrage Among Airdrop Farmers
> Permissionless III - Solana's Rise and the Future of Blockchain Innovation
> Bitcoin Suisse - How MegaETH will Scale Ethereum
> Dario Amodei - Machines of Loving Grace: How AI Could Transform the World for the Better
> sxysun - The @0xBalloonLover Experiment: Decentralized Social Media, Unaligned Anons, and the Unexpected Rise of Toxicity
> Decrypt - Web3 Gaming Explodes: Off the Grid's Success and the Future of Blockchain in Games
> socialgraphventures/durable-vs-profitable-token-deals">Social Graph Ventures - Token Durability vs Profitability in Crypto Venture Investing
————
⭐️ FUNDING⭐️
> Paradigm - Invests $20 Million in Ithaca
> Dragonz Land - $9M Strategic Investment
> PiP World - $10M Seed Round
————
⭐️ TESTNET/ AIRDROP⭐️
> N/A
With all L1/L2s compete as the fastest chain out there, just want to remind you that average loading time for webpage is ~2-3s.
https://x.com/eli5_defi/status/1844961163886592426?t=LaEhE0clkocpz_6tcGSUHg&s=19
