“Humpy has a point, there should be some yield bearing aspect to a token. If you want enough attention around a token. A token just as governance may not have enough financial utility for people to care.” - Bryan Colligan on today’s stream
Watch on Youtube | Listen on Spotify
The AAVE DAO just approved a V3 pool designed for Lidofinance's stETH and wstETH, marking the first custom deployment on AAVE V3 and highlighting the protocol’s flexibility for specialized use cases. - 𝕏/@aave
Читать полностью…Compound passes proposal to send 500K $COMP (~$25MM) to "Golden Boys" vault in what may be a major governance attack - 𝕏/@omeragoldberg
Читать полностью…Democrats pen open letter requesting their party adopt a more pro-crypto stance - 𝕏/@BitcoinPierre
Читать полностью…Llama Risk publishes comprehensive report on KelpDAO's rsETH. Advises creation of a bug bountry program, communication improvements, and transition to a fully decentralized DAO structure.
"Although KelpDAO has taken positive strides in making rsETH a suitable collateral asset, we generally advise caution when assuming exposure to any liquid restaking token. The sector remains highly speculative, driven by points programs that may lead to rapid shifts in demand for the asset, potentially resulting in sustained depeg events. LRTs are generally a less mature asset class with substantial centralization vectors and reliance on off-chain services that often involve processes overseen by the protocol team." - 𝕏/@LlamaRisk
Hector DAO liquidator Interpath distributes assets of long defunct Ohm fork after turbulent year - 𝕏/@drzer_eth
Читать полностью…TON blockchain gasless transactions go live following launch of new smart wallet standard - The Block
Читать полностью…Solana's Jito announces upcoming restaking addition for the protocol - 𝕏/@jito_sol
Читать полностью…Crypto Needs Customer Support (Spotify Exclusive)
While it might seem counter intuitive, crypto UX sucks and a random link can drain all your funds. It’s not ready for your mom & dad (unless they enjoy getting rugged).
In this story telling episode, we share how Glue.net has created a new service layer that sits on top of an existing L1 and puts safety barriers in place to keep your money safe.
We spoke with Snapshot who told us some surprising features Glue is slated to employ and what their plans are for launch in 2024
Listen on Spotify
Fold becomes the first Bitcoin-powered company to list on the NASDAQ - 𝕏/@fold_app
Читать полностью…BlackRock's $500M Tokenized Fund pitches for Ethena's RWA investment plan. - Coindesk
Читать полностью…In a shocking turn of events, Compound Finance, one of DeFi's pioneering lending protocols, has fallen victim to what many are calling a blatant governance attack. Alpha Growth’s Bryan Colligan joined the stream today to explain the ongoing situation, how Humpy was able to get his vote passed, and what the future implications will be for Compound. - Youtube
Читать полностью…Aave's fee switch proposal sparks major rally in AAVE token, adding $188 million to its market cap after Mark Zeller's "temp check." - The Block
Читать полностью…Hong Kong legislator Johnny Ng to discuss adding BTC to financial reserves with “different stakeholders.” - The Block
Читать полностью…Trump speech at the Bitcoin Conference addresses creating a national stockpile, firing Gary Gensler, and commuting the sentence of Ross Ulbricht - 𝕏/@balajis
Читать полностью…VanEck publishes 2050 price predictions for Bitcoin...
Bear - $130k
Base - $2.9m
Bull - $52.3m (give me whatever they are smoking plz) - Vaneck
Solend rebrands to Save, Solana’s permissionless savings account, introduces new products: SUSD, saveSOL - 𝕏/@solendprotocol
Читать полностью…Aave pursues temperature check on the Umbrella Safety Module as part of its broader fee switch proposal - governance.aave
Читать полностью…Blast based app MonoSwap has been hacked after social engineering attack from hostile entity, do not interact with the protocol - 𝕏/@monoswapio
Читать полностью…Share of Crypto VC Deal Count for Q2 2024
Gaming/Metaverse tops the charts, followed by infrastructure
Mark Cuban reveals Kamala Harris' camp is seeking his insights on Cryptocurrencies.
“I'm getting multiple questions from her camp about crypto,”. - 𝕏/@DeItaone