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Scroll's Enhanced Rewards Program: Session 2 and Scroll Open Launch

Scroll is launching Scroll Sessions 2 with a revamped Marks system and introducing Scroll Open, a new program to reward builders and foster innovation within its expanding zero-knowledge ecosystem

> Scroll Open is a new program rewarding innovative builders on Scroll with SCR token grants

> Scroll Open will prioritize projects that deliver real value and drive meaningful innovation

Scroll emphasizes its commitment to an open and innovative ecosystem

Source: Scroll

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https://x.com/zachxbt/status/1848028277002137886?t=qS8cTjnPvvVQJbmBgl0Bhw&s=09

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Eli5DeFi News Recap

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————

⭐️HIGHLIGHTS ⭐️

> Bitcoin - Surges to $68,000: Exploring Runes Transactions and Fee Explosion
> Solana - Price Analysis: Whale Activity, Social Dominance, and the $160 Resistance

————

⭐️ELI5 THREAD ⭐️

> Eli5DeFi - Project Spotlights Week 43/2024
> Coinshift - Your Gateway to RWA and DeFi
> $GOAT - Do Sentient AI Dream of $GOAT -se?

————

⭐️ NEWS ⭐️

> Kalshi - Offers 4.05% Interest on Cash and Open Positions
> Chromia - A Transparent Blockchain Database for AI Interactions
> Pump.Fun - Introduces Pump Advanced: Fastest Trading Terminal with Upcoming Token Launch
> 3rdStCapital/nillion-and-the-future-of-secure-computation-in-machine-learning-58cc20385b47">Nillion - A Decentralized Solution for Secure Computation in AI
> ECB Economists - Perpetually Rising Bitcoin Prices Lead to Societal Impoverishment
> GCR - $2.4M TRUMP Deposit Causes 10% Price Drop on MEXC
> $MIKA and $GMIKA - Token Launch: A Full Transparency Report
> ApeCoin - Migrates to ApeChain: Automatic Yield and Interoperability
> WuBlock - Crypto + AI Investment Strategies: Insights from Top VCs
> BTCFi - A Guide to Basic and Advanced Farming Point Strategies

———

⭐️ BOOKMARKED

> hitesh.eth - The Memecoin Cult: A Psychological Breakdown
> Alana - Coinbase's Strategic Shift: A Reorganization for Growth?
> YagamiTailor - Act I: The Breakthrough Project of @amplifiedamp and @repligate
> Back of The Envelope - Coinbase's Restructuring: A Strategic Shift?
> YagamiTailor - Act I: A Revolutionary Milestone in AI
> jake_pahor - Bittensor: A Bullish Outlook on AI and Crypto Convergence
> VeradiVerdict - Omni Network: Solving Ethereum's Fragmentation Problem Through Chain Abstraction
> goodalexander - AI Meme Coins: A Containment Breach? The Rise of Financialized AGI and the Goatse Gospel
> Mikasa - #ctouptober Promotion and Social Media Engagement
> Vitalik - Ethereum's Staking Challenges: The Scourge and the Solutions
> Shibetoshi Nakamoto - From Selling $DOGE for a Car to Earning Thousands in Free Tokens
> TON Studio - Unveiling Insights: Best Practices for TON Mini App Developers from The Open League

————

⭐️ FUNDING⭐️

> N/A

————

⭐️ TESTNET/ AIRDROP⭐️

> N/A

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https://x.com/MikasaSolSlayer/status/1847748255104328152?t=6-KRC3MZBfz1hgSHhHhg6Q&s=09

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https://x.com/goodalexander/status/1847673196280983770?t=u_JKYfLztfGBuuNZmSSlNw&s=09

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https://x.com/Moneytaur_/status/1847650242709119420?t=B9NxEbYTPOzkuE6flJMjmg&s=09

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> Project Spotlights Week 43/2024

https://x.com/eli5_defi/status/1847646899588997432?t=BjEtKLr_BdZp6pVQ9IWHTA&s=19

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Fractal Node v0.2.2 Released: Enhanced Node Connectivity and Mining Performance

UniSat Wallet announced the release of Fractal Node Update v0.2.2, improving node connectivity, network reliability, and mining efficiency by addressing high orphan block rates

> Faster block sync and verification

> Updates boost block sync speed and overall mining efficiency

> v0.2.2 modified block download timeout, improved block difficulty verification, and removed unnecessary BIP30 checks

Connecting to these high-quality nodes improves mining efficiency, increases profits, and enhances network stability

Source: Fractal Node v0.2.2

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https://x.com/lmrankhan/status/1847300722418647432?t=LC6WkYfdyBJA-6E77rXc8Q&s=09

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https://x.com/safe/status/1847253904246878553?t=6NNsY-YZWRlx8YJmZCzlAQ&s=09

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> Tapioca DAO Compromised

https://x.com/solidintel_x/status/1847235153250193583?t=nO-3MXF2uRtkFc4Ptl-AaQ&s=09

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https://x.com/lstmaximalist/status/1847221098590408730?t=YtlwxYmHoF3W-pREk2zdjw&s=09

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Eli5DeFi News Recap

Support us by subscribing :


Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)

————

⭐️HIGHLIGHTS ⭐️

> FBI - Arrests Eric Council Jr for SEC X Account Hack and Bitcoin Price Manipulation
> CFTC - Appeals Ruling Allowing Election Bets on Kalshi
> Marc Andreessen - Clarifies His Position on GOAT Memecoin After $300M Surge
> RadiantCapital/radiant-post-mortem-fecd6cd38081">Radiant Capital - Adresses $50 Million Hack with New Security Measures
> Worldcoin - Rebrands to World Network, Launches Mainnet Blockchain After Overhaul
> DLNews - Crypto Airdrops Return: Five Projects to Keep an Eye On

————

⭐️ELI5 THREAD ⭐️

> Infinit - The Infinity Rewards
> kai - Convex to Aura
> Forta Chain - Specific Layer-3 Rollups for Decentralized Security

————

⭐️ NEWS ⭐️

> Chirag Tomar - Sentenced to Five Years in Prison for a $20 Million Cryptocurrency Fraud Scheme
> DLNews - Polymarket's Election Odds Skewed by Whale Bets on Trump
> DEX - Struggle to Compete with CEXs in Futures Market: A Shift Back to Centralized Platforms
> Orderly Network - Launching Orderly Unity: A Cross-chain Perpetual Swaps Platform Connecting Solana and EVM Chains
> Blockworks - Beyond Daily Active Addresses: A Critical Analysis of Blockchain Metrics
> Privasea - Utilizes FHE: A Post-quantum Cryptographic Technology for Secure Identity Verification
> Chaos Labs x ether.fi - AVS Onboarding Framework: A Three-Pillar Approach to Risk Mitigation
> Ambient Finance - Security Notice: Website Hijacked, Contracts Remain Unharmed
> Sonic Labs x Pendle - Unleashes Yield Optimization
> Jupiter - Introduces Ape Pro: Solana’s Memecoin Terminal
> Nansen x Solana - Track Solana Tokens & Activity
> Lasernet - DIA's Layer-2 Rollup for Trustless and Scalable Oracles
> Anoma - Leveraging Elixir: Building a Robust, Decentralized Operating System
> Banana Gun ($BANANA) - A Deep Dive into a High-Growth Trading Bot and Tokenomics
> UMA - The Risks of a 51% Attack on UMA and Polymarket
> Term Sheets - Protecting Your Web3 Startup's Success
> The Rollup - EigenLayer Unlocked: The Rise of zkTLS and Its Growing Influence
> World Liberty Financial - Token Allocation and Revenue Distribution Detailed in New Paper

———

⭐️ BOOKMARKED

> Primitive Ventures - How R.P. Became a Legend: The Trader Behind Shogun's Success
> Marco Manoppo - Crypto Founder Culture: A Necessary Skillset
> Bankert - AI Architects of Viral Influence: Building Memetic Pyramids
> Teng Yan - Predicts a Future Dominated by Billions of AI Agents: Olas Platform Poised for Significant Growth as AI Agent Use Cases Expand
> 2077 Research - Ethereum Scaling: UniFi's Based Rollups as a Solution
> Omeragoldberg - Trusting Trust in the Age of AI: The Fragility of LLMs
> Nick Havryliak - Can Small Language Models Reshape How We Interact With Technology?
> goodalexander - The Goldfish Hypothesis: How Attention Drives Markets and Elections
> World - Worldcoin Keynote: Scaling for a New AI Future
> KyleSamani - The Underrated Power of Communication in Tech & Fundraising
> The Scoop - Analysis: Retail Optimism and VC Challenges Shape Crypto's Future

————

⭐️ FUNDING⭐️

> zkPass - Raises $12.5 Million Series A
> The Arena - Raises $2M Pre-seed Round
> Blockcast - $2.85M Seed Round
> Pell Network - $3M Pre-seed Round
> Mento Labs - $10M Unknown Round
> Yellow Card - $33M Series C Round
> Praxis - $525M Unknown Round

————

⭐️ TESTNET/ AIRDROP⭐️

> Ostium Labs - Launched Mainnet

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https://x.com/salveboccaccio/status/1846594284713332934?t=anYHh4EfaWkWm7aFqunX6Q&s=09

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Introduction to ZetaChain: Bridging the Multichain Future

ZetaChain enhances the multichain experience by enabling interoperability and simplified app development across various blockchains

> Features
» zEVM: EVM-compatible layer for executing cross-chain contracts
» Chain Abstraction Framework (CAF): Simplifies development of multichain applications
» Universal Smart Contracts: Operate across multiple chains without redeployment
» Gateway: A unified entry point for token and data transfers
» Security: Liquidity Caps and Rate Limiters protect against network abuse and ensure stability
» ZETA Token: Secures the network, acts as a governance token, facilitates gas fees, and supports cross-chain transactions

Source: ZetaChain

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Hyperlane: Revolutionizing Cross-Chain Interoperability

Hyperlane streamlines cross-chain application development, removing barriers and fostering scalability in the decentralized ecosystem

> Hyperlane enables permissionless, secure cross-chain messaging for seamless dApp development

> Developers can add chains independently

> Control over validators and security

> Easy transfer of messages, assets, and smart contracts across chains

Source: Hyperlane

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> Top 15 Visual Threads

https://x.com/eli5_defi/status/1848029020656455735

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Chromia: A Transparent Blockchain Database for AI Interactions

Chromia aims to increase transparency in AI by recording all interactions on a blockchain

> Web server logging AI interactions to Chromia's blockchain, creating a verifiable record

> The project supports OpenAI, Ollama, and OpenRouter

> Requires Chromia CLI, PostgreSQL, and Deno v2 to run

Future improvements include adding admin permissions, updating private keys, and enhancing the UI

Source: Chromia

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https://x.com/henloitsjoyce/status/1846981634672799767?t=Ud1wKIRy6hMh8CzsZl_r3Q&s=19

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https://x.com/lookonchain/status/1847475550614671718?t=RUz0jWbFOytFbstIXg4w5w&s=09

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https://x.com/TyrogueD/status/1847644113321009291?t=8s_c6PmYHQ0UccTZHQrnJw&s=09

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Eli5DeFi News Recap

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Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)

————

⭐️HIGHLIGHTS ⭐️

> US Attorneys - Push Biden to Help Free for Jailed Binance Exec in Nigeria
> DOJ - Charges Dozen in Crypto Wash Trading Scheme: Familiar Name Among Accused
> $GOAT and $GNON - The Memecoins That Netted a Trader $6.47M
> Vitalik - On Quantum Threat: The Impending Demise of ECDSA and Externally Owned Accounts

————

⭐️ELI5 THREAD ⭐️

> Coinshift - Your Gateway to RWA and DeFi
> $GOAT - Do Sentient AI Dream of $GOAT -se?

————

⭐️ NEWS ⭐️

> Scroll - Announce Token Launch Snapshot
> Ryan Salame - Balancing Guilt and Innocence in the FTX Fallout
> Fractal Node v0.2.2 - Released: Enhanced Node Connectivity and Mining Performance
> Ambient Finance - Domain Hijacking: Under Investigation
> Quantum BioDAO - Pioneering Quantum Microscopes to Explore Magnetic Field Effects on Cells

———

⭐️ BOOKMARKED

> The DeFi Edge - Navigating the Crypto Landscape: A Daily Research Guide
> Evan Caron - Decentralized Environmental Monitoring: Using Blockchain for Climate Action
> MapleLeafCap - $GOAT: A Revolutionary Leap in AI and Memecoin Culture
> Erastus Chami - Will FLOKI Fly or Stall? A Technical Analysis of the Memecoin's Price

————

⭐️ FUNDING⭐️

> Zerobase - Raises $5M

————

⭐️ TESTNET/ AIRDROP⭐️

> N/A

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————

⭐️HIGHLIGHTS ⭐️

> SEC - Accelerates Approval of Spot Bitcoin ETF Options Trading on NYSE and Cboe
> Ethereum - Daily Revenue Soars 25x Since September Lows
> Bitcoin ETF - Attract New Investors: 75% Are Crypto Enthusiasts New to Wall Street
> Putin - Announces BRICS Adoption of Digital Currencies for Investments

————

⭐️ELI5 THREAD ⭐️

> Coinshift - Your Gateway to RWA and DeFi
> $GOAT - Do Sentient AI Dream of $GOAT -se?

————

⭐️ NEWS ⭐️

> BlackRock - In Talks with Global Crypto Exchanges to Utilize BUIDL Token in Futures Trading
> Ryan James Wedding - Allegedly Linked to Cocaine Trafficking Using Tether Crypto
> Truth Terminal - An AI's Unexpected Journey to Crypto Millionare Status
> Weekly AI Edge - The Rise of AI Agents: Memecoins, Anime Influencers, and the Future of Governance
> cbVentures - $AERO Investment Surpasses $10 Million
> MODE Network - Season 3 Launch: $2M in OP Incentives!
> Shipyard - Solana Ecosystem's New Global Workspace Network
> Fortytwo Network - Decentralized AI for Swarm Inference
> Trilemma - Navigating the Regulatory Landscape
> Ondo - Token Surges on BlackRock's Tokenization Push: BUIDL Eyes Major Derivatives Exchanges
> Coinbase & Hut 8 - Surge as Bitcoin Approaches $70,000 Milestone
> SuppCo - Personalized Health and Wellness Through Data-Driven Collaboration
> RIP-7789 - Cross Rollup Contingent Transactions for Enhanced Interoperability
> The Viral Empire - AI's Recursive Dominance and the Rise of Exclusion Zones
> Soneium - Announces Winners of Spark Incubation Program

———

⭐️ BOOKMARKED

> Eric Balchunas - Schwab Survey Reveals High Crypto ETF Interest Among Investors
> Christopher Waller - DeFi Can Complement Centralized Finance, But Not Replace It
> More than Speculation - Trump's Token Flops, Hyperliquid's Rise, and AI-Generated Meme Coin Frenzy
> Imran Khan - 20 Lessons for Crypto Founders: Building a Successful Startup
> Three Sigma - The Resurgence of DeFi Options: Navigating a New Era in Decentralized Finance
> knwang - Transacting Over Heterogeneous Trust with Intent Markets
> AISafetyMemes - Goatseus Maximus: AI-Fueled Crypto Soars to Half a Billion Dollar Valuation
> Safe - Blind Signing Vulnerability in Safe Wallet: A Case Study and Mitigation Strategies
> zeeprime. capital - Repurposing Old Technologies: The Rise of Decentralized Physical Infrastructure Networks (DePIN)
> Aaron Brogan - Can Crypto.com Topple the SEC? A High-Stakes Legal Showdown
> Scott Garliss - The Fed's Rate Cut Trajectory: A Positive Sign for Bitcoin and Ether
> Nick Tomaino - Top Crypto M&A Deals: The Biggest Moves in the Industry

————

⭐️ FUNDING⭐️

> Plasma - Raises $3.5 Million
> HyveDA - $1.85M Pre-seed Round
> Rexas Finance - $3.8M Presale Round
> Canyon Network - $6M Private Round
> zkPass - $12.5M Series A Round

————

⭐️ TESTNET/ AIRDROP⭐️

> N/A

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————

⭐️HIGHLIGHTS ⭐️

> BlackRock's Spot Bitcoin ETF - Surpass $1 Billion This Week
> DBS Bank - Launches "DBS Token Services" to Provide Blockchain-based Solutions for Institutional Clients
> SEC - Appeals Ripple Case: XRP Market Reacts Mixedly
> Crypto - $174 Million Gamble: How Senate Races Will Decide the Future of Digital Currency
> Cyvers Alerts - Urgent: Major Exploit of Tapioca DAO ($TAP) Results in $21M+ Loss

————

⭐️ELI5 THREAD ⭐️

> Coinshift - Your Gateway to RWA and DeFi
> $GOAT - Do Sentient AI Dream of $GOAT -se?

————

⭐️ NEWS ⭐️

> Coindesk - Crypto Loan Risk at Two-Year High: Liquidation Cascade Looms
> Staked Ether - Emerging as a Crypto Benchmark
> Do Kwon - Urging Investors on Do Kwon's Extradition: Impact on Terra Luna and LUNA Crypto
> Euroclear - Acquired a Strategic Stake in Singapore's Marketnode: Expanding in Asia's Blockchain Market
> Symmio - Announces Spartan: Build the Future of Permissionless Intent-based Derivatives
> Dogecoin -  Rises Following Musk Unveils "Department of Government Efficiency" Plan
> EthOS - Introduces dGEN1: An Ethereum-Focused Hardware Device for Onchain Interactions
> Karak Network - Launched Karak V2 Mainnet Phase 1

———

⭐️ BOOKMARKED

> Jamie Crawley - Elvis Presley's Legacy Goes Digital: New Art Collection to be Inscribed on Bitcoin
> Andy - Top 10 Crypto KOLs by Mindshare
> Tyrogue - 10 On-chain Trading Rules for Minimizing Losses in Cryptocurrency Trading
> 1kx - The Complex Role of Bots in Games and Blockchain: From Exploiters to Content
> 0xLouisT - Phantom Tokenomics: Unveiling the Hidden Deals in Crypto
> EigenLayer - Caution: EigenLayer's X Account Hacked to Promote Fake Airdrop!
> Andrew 10 GWEI - Scroll's Airdrop and Founder's Wallet: Evidence of a ZK-Scam?

————

⭐️ FUNDING⭐️

> N/A

————

⭐️ TESTNET/ AIRDROP⭐️

> N/A

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> Coinshift - Your Gateway to RWA and DeFi

https://x.com/eli5_defi/status/1847246267715625429?t=IOqRugvAxFwMyiP15QSNZA&s=19

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EthOS Unveils dGEN1: An Ethereum-Focused Hardware Device for Onchain Interactions

EthOS has unveiled dGEN1, a hardware device for interacting with Ethereum dApps

> LineageOS: A customized operating system for optimized performance

> Nimbus Light Client: Allows user data verification without third-party RPCs

> Browser & Wallet: Supports IPFS and .eth domains

The appearance of the dGEN1 comes in the wake of popular offerings from competitors like Solana Mobile, which have already attracted considerable market interest


Source: dGEN1

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> Do Sentient AI Dream of $GOAT -se?

https://x.com/eli5_defi/status/1847171013957898720

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https://x.com/pmarca/status/1846977875549081797

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Eli5DeFi News Recap

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Eli5DeFi X | Telegram | Farcaster | Newsletter (Relaunch Soon)

————

⭐️HIGHLIGHTS ⭐️

> Bitcoin - Hits New Highs: Will ETF Inflows Drive BTC to $70K?
> Stripe - Reportedly in Advanced Talks to Acquire Bridge: A Stablecoin-focused Fintech Firm
> Thailand’s Siam Commercial Bank - Introduces Stablecoin Service for International Payments
> Kraken - Launches kBTC: A New Wrapped Bitcoin Token for Ethereum and Optimism
> Ethereum - Faces Revenue Challenges: The Impact of Decreased On-Chain Activity
> Redphonecrypto - $GOAT: The AI-Generated Memecoin and the Birth of a New Era in Cryptocurrency

————

⭐️ELI5 THREAD ⭐️

> Infinit - The Infinity Rewards
> kai - Convex to Aura
> Forta Chain - Specific Layer-3 Rollups for Decentralized Security

————

⭐️ NEWS ⭐️

> Swarm Markets - Brings Physical Gold to the Bitcoin Blockchain via Ordinals
> Nishad Singh - Seeks Leniency in FTX Collapse Case: Early Cooperation Cited as Crucial
> Coinbase - Dispute Claims of Bitcoin Liquidity Decline Following SEC Lawsuit
> Realm of Historia - Launches First NFT Collection to Preserve Armenia's Carahunge
> GraFun - Launches GraFun Labs to Boost Memecoin Ecosystem on BNB Chain
> Ripple - Ripple Swell Event in Miami: Business Focus Overshadows XRP Community
> Aspen Digital - Crypto Confidence Grows: 76% of Asia’s Family Offices Invest in Digital Assets
> ZetaChain - Connecting Blockchains and Empowering Universal Apps
> Do Kwon - Prison Payments - Authorities Take 72 Days to Seize Wallet Access
> Copper - Appointed Amar Kuchinad as its New Global CEO, Replacing Dmitry Tokarev
> Plume Network - Revolutionizing DeFi with Real-World Asset Yields
> DL News - Meet the Team Behind World Liberty Financial: The Trump Family Enters DeFi
> Crypto-Powered Information Games - Generating and Monetizing Data in a Decentralized World
> Prada x Axiom Space - Revealed a New Spacesuit Design for NASA's Artemis III Moon Mission
> $RON - Powers the Ronin Network: A Purpose-Built Blockchain for Gaming
> Helius - Building a Solana Telegram Bot in Under 100 Lines of Code
> NOAA - Turns to AI for Enhanced Accuracy in Hurricane Predictions
> Meta - Unveils TPO: A New Era of AI Decision Making
> ORA - Enhancing the Accuracy and Security of Prediction Markets

———

⭐️ BOOKMARKED

> Ethena Foundation - Proposal: Integrating Hyperliquid as an Ethena Hedging Venue
> Gordon Grant - Ethereum Funding Rates Surge: Heightened Risk of Over-Leveraged Liquidation
> Juhyuk - Solana as a Bitcoin L2: Bridging Runes and Unlocking Liquidity
> arndxt - Base and Virtuals Protocol: A Rising Tide in the L2 AI Space
> Delphi Digital - A Debate on Bittensor: Crypto x AI Event
> Vitalik - Ethereum's Scaling Roadmap: The Surge and Beyond
> defi.money - Aave vs. DeFi.money: A Comparative Analysis of Borrowing Costs and Yields
> ririfish - Cult Building in Crypto: How Berachain and Joker Offer Lessons in Community Engagement
> hitesh.eth - Meme Coins + Utility Coins: The Community Cluster Solution
> pickle - Clown World, Clown Brain: Unpacking Stress Patterns Between Medicine and Crypto
> VanEck - Strategic Investments in Web3 Gaming: Spotlight on @ParallelTCG and More!

————

⭐️ FUNDING⭐️

> N/A

————

⭐️ TESTNET/ AIRDROP⭐️

> deBridge Foundation - Announced DBR Tokens are Live and Claimable On-chain

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Eli5DeFi NewsHub

Relationship between Bitcoin ETF netflow (in USD) and Bitcoin's price

“The highlighted red rectangles show regions where significant netflows correspond to significant changes in Bitcoin's price.

Positive netflows above 400M USD in Bitcoin ETFs do not always lead to sustained price increases and, in many cases, have historically coincided with price corrections.” – Link

By Amr Taha | @cryptoquant_official

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