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
So, what is the most important market for Crypto in SEA? 🤔
https://x.com/kaluwi/status/1844563774189301817?t=hhGBSVuUxhP2SqDU1TF8Gw&s=19
Discuss.
https://x.com/claudedonze/status/1844437621667398003?t=9fMjlWjI5sTOkjQnvrKjow&s=19
Nillion Network: Revolutionizing Secure Computation for AI and Beyond
Nillion Network, a decentralized secure computation network, utilizes optimized Multi-Party Computation (MPC) to handle high-value data for AI applications, offering enhanced privacy, efficiency, and scalability compared to traditional MPC solutions
> Uses a dual architecture (NilChain and Petnet) and an optimized MPC scheme for secure data storage and processing
> Nillion x NEAR x Aptos: Expanding reach within the broader DeAI sector
Source: Nillion
Arkham Intelligence to Launch Crypto Derivatives Exchange in November
The exchange will compete with major players like Binance
> Targeting retail investors globally (excluding the US) and relocating its operations to the Dominican Republic
> Arkham's native token, ARKM, recently saw a price increase
Source: Arkham Intelligence
> PredictHuB - The First Prediction Markets on Arbitrum
https://x.com/eli5_defi/status/1844694492160704558?t=RQGQjZY28tpGgi44JMQHUQ&s=19
Long liquidations USD (aggr) hit $290,000,000 during the recent drop
“Bitcoin's price has declined significantly. In just 12 days, it fell from $66,500 to $58,900, a drop of 11%. This price drop is accompanied by a massive wave of long liquidations.
The long liquidations are as follows:
- Drop on October 1st: $239m
- Drop from October 9th to 10th: $290m
This marks the largest total amount of long liquidations since June 2022, a span of 28 months.” – Link
By maartunn | @cryptoquant_official
Game Changer: How DSCVR is Transforming On-Chain Social Interaction
DSCVR has emerged as a dominant player in the on-chain social space, with innovative features like Canvas and Lootboxes that enhance user engagement
> DSCVR Canvas is already generating ten times the on-chain transactions compared to Farcaster's similar product
> Users earn Lootboxes containing NFTs and SPL tokens through engagement
Source : DSCVR
Scallop x Sui Foundation: Secures Strategic Investment
This partnership is a pivotal moment for Scallop as it aims to enhance decentralized finance (DeFi) adoption and build next-generation DeFi infrastructure
> Investment Impact
> Commitment to Innovation
> Currently leads the DeFi protocols on the Sui Network with over $150 million in Total Value Locked (TVL)
Source: Scallop x Sui Foundation
Eli5DeFi News Recap
Support us by subscribing :
Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)
————
⭐️HIGHLIGHTS ⭐️
> Ethena - Investing of $46M Reserve Fund in Tokenized Funds and Stablecoins
> Ripple - Files Cross-Appeal in SEC Case, Maintaining Legal Defenses
> Bitnomial vs SEC - A Legal Battle Over XRP Futures Classification
> SEC - Takes Action Against Cumberland DRW LLC for Unregistered Securities Dealings
> Uniswap - Launched Unichain, a New Layer-2 Network Built on Optimism's OP Stack
————
⭐️ELI5 THREAD ⭐️
> Based Rollups and Preconfs
> EigenLayer AVS Ecosystem
————
⭐️ NEWS ⭐️
> DeepBook Protocol on Sui - Introducing DeepBook v3 and DEEP
> Ubisoft - Launches First Crypto Video Game "Champions Tactics"
> $TON - Explosive Growth: A Deep Dive into Holder Numbers and Trading Volume
> Gauntlet - Introduces Gauntlet App: Data-Driven DeFi Analysis for Institutional Investors
> Fidelity - Confirms Hacking of 77,000+ Customer Records
> Restaking - Understanding the Restaking Stack: Infrastructure, Platforms, and Applications
> Flashbot - Introducing Rollup-Boost: Verifiable Block Building Platform for Rollups
> Distributed Validators - Enhancing Ethereum Staking Resilience
> Movement - Testnet V2 Launch Imminent: Enhanced UX, Infrastructure, and More
———
⭐️ BOOKMARKED
> Hayden Adams - Unichain Will be the Best Home for DeFi
> Dan Elitzer - The Inevitability of UNIchain: A Uniswap Appchain Case Study
> ZachXBT - $4.3M Crypto Heist: Investigation into UK Suspect Faris Ali (Zay/Tommy)
> cygaar - Cool Innovations in Uniswap's L2
> Taiki Maeda - Staking for Success: How Unichain's $UNI is Poised to Transform DeFi
> 100y.eth - The Uniswap, Flashbots, and OP Stack Trinity: Unveiling Unichain
> Syndica - Solana DePIN's Explosive Growth: A September 2024 Deep Dive
> Kyle Samani - How to Find Generational Winners in Crypto
————
⭐️ FUNDING⭐️
> Yala - Raised $8 Million in Seed Funding
> Kiva - $7M Pre-seed Round
> OpenGradient - $8.5M Seed Round
> Delta - $11M Unknown Round
————
⭐️ TESTNET/ AIRDROP⭐️
> N/A
https://x.com/100y_eth/status/1844410064880402794?t=BB9ehbG8p6Iob0_aVm1FgQ&s=19
Читать полностью…
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 - $10M Seed Round
————
⭐️ TESTNET/ AIRDROP⭐️
> N/A
With all L1/L2s compete as the fastest chain out there, just want to remind you that average loading time for webpage is ~2-3s.
https://x.com/eli5_defi/status/1844961163886592426?t=LaEhE0clkocpz_6tcGSUHg&s=19
https://x.com/Taran_ss/status/1844805195567452197
Читать полностью…
https://x.com/0xENAS/status/1844756962854212024?t=ZGNRRhBtFIDfoB69LCgkSA&s=09
Читать полностью…
Shuffle ($SHFL): A Deep Dive into a High-Growth GambleFi Project
Shuffle ($SHFL), is experiencing rapid growth, becoming the third-largest crypto casino operator within 18 months and surpassing Rollbit ($RLB)
> Undervalued token price despite strong fundamentals
> Upcoming catalysts like revamped tokenomics and airdrops
> Favorable industry tailwinds
Source: Shuffle
Eli5DeFi News Recap
Support us by subscribing :
Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)
————
⭐️HIGHLIGHTS ⭐️
> Mark Uyeda - Calls Crypto Policies a "Disaster"
> Tezos Staker Josh Jarrett - Sues IRS Over Staking Rewards Tax Policy
> Trump - Themed PoliFi Tokens Surged Despite a Broader Crypto Market Downturn
> Crypto Whale - $35 Million Lost: Phishing Attack Targets Crypto Whale on Blast Network
> Bitnomial - Sues SEC Over Securities Label on XRP Futures
> Tesla - Tesla's Robotaxi Revolution: Optimus, Cybercab, and the Future of Autonomous Driving
————
⭐️ELI5 THREAD ⭐️
> PredictHuB - The First Prediction Markets on Arbitrum
> How to be a Savvy Degen? Feat. The Thing by PrivateAI
> Based Rollups and Preconfs
> EigenLayer AVS Ecosystem
————
⭐️ NEWS ⭐️
> Binance - Binance Pre-Market Launchpool Now Live
> Dria - Introducing Steps: A Decentralized Approach to Synthetic Data Generation
> SonicX - A Tap-to-Earn Game on TikTok Built Using Solana's Sonic SVM
> Aptos - State of Aptos Q2 2024: Navigating a Bear Market with Innovation
> Kadena - A New Era for the Once-Hot Blockchain Project
> Sen. Hagerty - Introduced a Stablecoin Regulation Draft Mirroring the House's Clarity for Stablecoins Act
> SVM - Beyond Solana and into the Modular Landscape
> Initia - Built on the Interwoven Stack: Zaar - The Fun Network
> Y Combinator - Announced the Winners of the OpenAI x YC o1 Hackathon, Including Teams from Proxis AI, Vera Health AI, and Camfer Inc
> ArtRun - Revolutionizing Art Trading with Artcoins
> Chain Abstraction - The Hitchhiker's Guide to Simplifying Web3 Interactions
———
⭐️ BOOKMARKED
> rick - Cautious Optimism: Derivatives Positioning Ahead of the 2024 Elections
> a16z - Exporting Your Brain: How AI is Revolutionizing Self-Understanding and Communication
> snoops - Insights from Trading Interviews: Sting, TraderMagus, & SalsaTekila
> GreeksLive - Options Expiration Analysis: Bitcoin and Ethereum Insights for October 11
> Trissy - Investing in AI: A Sector-by-Sector Breakdown
> advait jayant - Edge AI: A Deep Dive into Needs, Ideas, and Frameworks
> Kyle - The Shuffle ($SHFL) Thesis: A Visual Overview
> Sleepagotchi - A Web3 Game's 2-Minute Strategy for Success
> Bread - UniChain and ETH: Bearish Prediction Despite Cool Tech
> Charlie Noyes - Removing Ethereum's MEV-Boost Relays: Enhancing Privacy with ZK or TEEs
> Justine Moore - Building the AI Brain: Translating Thoughts into Tangible Innovations
> TPAN - Beyond the Hype: Exploring the Evolving World of Memecoins
> Kratik Lodham - Unlocking L2 Scalability: Renzo's Chain Abstraction
————
⭐️ FUNDING⭐️
> Trendies - $1.75M Pre-seed
————
⭐️ TESTNET/ AIRDROP⭐️
> N/A
Fuel: The Future of Ethereum Rollups
Fuel’s unique architecture and focus on decentralization position it as a significant player within the Ethereum landscape, paving the way for a more diverse and efficient blockchain ecosystem
> UTXO model for improved performance and reduced state bloat
> Parallel transaction execution, the Sway programming language for enhanced security, and a growing ecosystem of decentralized applications (dApps) like Spark and Fluid
Source: Fuel
https://x.com/deekaymotion/status/1844624122615099580?t=VBdaf_G1Wbv_iz_XO1j-yA&s=19
Читать полностью…
> How To be a Savvy Degen? Feat. The Thing by PrivateAI
https://x.com/eli5_defi/status/1844634051359146231
https://x.com/kiththeking/status/1844036773321863326?t=45YqSrFJFTBZ_ZAZIwhX3g&s=09
Читать полностью…
> Based Rollups and Preconfs
https://x.com/eli5_defi/status/1844400244576092315
