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“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

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Foreign man abducted and murdered in Kyiv for 3 BTC - m.censor.net

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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

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Compound passes proposal to send 500K $COMP (~$25MM) to "Golden Boys" vault in what may be a major governance attack - 𝕏/@omeragoldberg

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Democrats pen open letter requesting their party adopt a more pro-crypto stance - 𝕏/@BitcoinPierre

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Leviathan Livestream Llama Party, feat. Llama Risk - 𝕏/@leviathan_news

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Trump thought he was the highlight of the Bitcoin Nashville conference… - Link

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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

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Hector DAO liquidator Interpath distributes assets of long defunct Ohm fork after turbulent year - 𝕏/@drzer_eth

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TON blockchain gasless transactions go live following launch of new smart wallet standard - The Block

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Solana's Jito announces upcoming restaking addition for the protocol - 𝕏/@jito_sol

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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

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Fold becomes the first Bitcoin-powered company to list on the NASDAQ - 𝕏/@fold_app

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Proton Mail launches self-custodial Bitcoin wallet - 𝕏/@ProtonPrivacy

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BlackRock's $500M Tokenized Fund pitches for Ethena's RWA investment plan. - Coindesk

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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

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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

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Hong Kong legislator Johnny Ng to discuss adding BTC to financial reserves with “different stakeholders.” - The Block

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Trump speech at the Bitcoin Conference addresses creating a national stockpile, firing Gary Gensler, and commuting the sentence of Ross Ulbricht - 𝕏/@balajis

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Leviathan News wishes Stani a speedy recovery from surgery - hey.xyz

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Binance’s CZ to remain in prison beyond his four-month sentence - Protos

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VanEck publishes 2050 price predictions for Bitcoin...

Bear - $130k
Base - $2.9m
Bull - $52.3m (give me whatever they are smoking plz) - Vaneck

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Thank god for Ansem and his onboarding skills 👍 - 𝕏/@Stefan_Sav

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A new Bitcoin documentary is out - "God Bless Bitcoin" - youtube.com

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Solend rebrands to Save, Solana’s permissionless savings account, introduces new products: SUSD, saveSOL - 𝕏/@solendprotocol

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Aave pursues temperature check on the Umbrella Safety Module as part of its broader fee switch proposal - governance.aave

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Blast based app MonoSwap has been hacked after social engineering attack from hostile entity, do not interact with the protocol - 𝕏/@monoswapio

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Bitstamp starts process to return Bitcoin to Mt. Gox creditors - 𝕏/@bitstamp

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Share of Crypto VC Deal Count for Q2 2024

Gaming/Metaverse tops the charts, followed by infrastructure

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Mark Cuban reveals Kamala Harris' camp is seeking his insights on Cryptocurrencies.
“I'm getting multiple questions from her camp about crypto,”. - 𝕏/@DeItaone

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