Phantom, a cryptocurrency wallet popular on Solana, is currently experiencing downtime due to a "major incident" with the backend. - Protos
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Emory University's endowment reports a $15.8 million Bitcoin ETF position, marking the first endowment involvement and completing institutional representation in Bitcoin ETFs, a landmark achievement for a category less than a year old. - 𝕏/@EricBalchunas
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Vitalik Buterin's latest blog, Possible Futures of the Ethereum Protocol, Part 5: The Purge. Discusses Ethereum's challenge of managing blockchain bloat and complexity over time. As transaction data and protocol features accumulate, clients face increasing load and sync times, making long-term sustainability difficult. - vitalik.eth.limo
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Crypto trading venues surge into derivatives to attract investors with high leverage and tighter regulations as new players like D2x, one trading, and GFO-X gear up to challenge market leaders; derivatives now drive 71% of digital asset trading volumes with open interest hitting $40bn. - FT
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Tether unveils Local AI SDK at Lugano Plan ₿. A privacy-focused, peer-to-peer-powered toolkit compatible across all devices, supporting diverse AI models and offering fully local, private applications. - 𝕏/@paoloardoino
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Synthetix launches multi-collateral perps on Arbitrum.
V3 perps are the most secure way to trade with leverage.
Use tBTC, ETH, USDe and USDx as collateral.
Trade with reduced fees for the next month now
After the hacker returned the funds, the US government transferred the assets to a new wallet.New Address: 0x0CaB63E3e978D1f66c19C480c206b01fB62F1243 - 𝕏/@Cointelegraph
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Arbitrum announces “Fast Withdrawals” to speed offboarding assets from 7 days to 15 minutes when using select Orbit chains and RaaS providers - 𝕏/@arbitrum
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After withdrawing from Aave, the US Gov FSH'd the ETH using Coinbase wallet, paying over $1000 in fees for a $100k transaction. - Etherscan
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Truth Terminal: The rise of AI religion and a $600M digital prophecy, where bots spark a crypto belief system and an ai-generated prophet emerges. - 𝕏/@ReveloIntel
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Polymarket reveals 'fredi9999' as French trader behind $45 million bet on Trump, confirming he's just accumulating, not manipulating. - 𝕏/@Geiger_Capital
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Megaeth Labs has finally published their performance numbers, offering insight into the current landscape of live L2. - 𝕏/@0xBreadguy
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“the agent launched a token not me!”
agents aren’t sentient, they operate in a pre-defined framework
nothing wrong w/ knowingly buying vaporware, the danger is thinking it’s legit
How to properly value crypto assets amid AI and memecoin hype: L1 tokens vs. dapp/L2/equity tokens explained. 🧵 by Sam.Frax - 𝕏/@samkazemian
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The number of Bitcoin whales, or entities holding at least 1,000 BTC, has surged to 1,678—the highest since January 2021—according to data from Glassnode. - Coindesk
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Llama Risk launches an innovative Ethena Labs risk dashboard, complete with key metrics, historical insights, and an interactive fund decay feature, enhancing our risk committee capabilities. - 𝕏/@LlamaRisk
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Cap Labs announces a $1.9M pre seed round - 𝕏/@CapLabs_
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Circle remains committed to IPO as USDC growth soars, with no immediate funding needed, says CEO Jeremy Allaire. - DL News
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The Bank for International Settlements (BIS) and central bank partners have completed Phase 1 of Project Mandala, proving the feasibility of embedding country-specific regulatory compliance into a shared protocol for cross-border transactions, streamlining efficiency across jurisdictions. - bis.org
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CEO Paolo Ardoino shuts down rumors of Tether being investigated by US Treasury as shared by Wall Street Journal and Bloomberg - 𝕏/@paoloardoino
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Plan ₿ Initiative and Tether unveil disappearing Satoshi Nakamoto statue at 3rd Annual Forum in Lugano, celebrating Bitcoin’s visionary creator. - tether.io
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Looking at price changes since launch for L2 tokens introduced this year.
$SCR -22%📉
$TAIKO -40%📉
$BLAST -65%📉
$MANTA -66% 📉
$MODE -80%📉
$ZK -41%📉
$STRK -82%📉
Estimated last-round investor roi:
(FDV to last round valuation)
@Scroll_ZKP -48%📉
@Starknet -50%📉
@MantaNetwork +47%📈 - 𝕏/@ScopeProtocol
Asymmetry Finance's $ASF sale on Fjord Foundry sets a new record with $1M raised in the first 10 minutes, over two thirds of the tokens sold already - 𝕏/@SmallCapScience
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US Government withdraws $5.4M from AAVE. - 𝕏/@Crypto_Briefing
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Poloniex has withdrawn from Staked USDT (stUSDT) on Ethereum, vastly dropping the utilization of the protocol. - Protos
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According to Captain Zwingli. Farcaster's revenue has stalled: after raising $180M and hitting $2M by July, cumulative earnings have only inched up to $2.34M over the next four months. - 𝕏/@ChrisJourdan
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GnosisDAO launches $40 million venture fund to invest in real-world assets, crypto infrastructure, and payments, with half funded by external LPs and governed by GNO token holders. - The Block
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Kraken launches Inkonchain on the Superchain, powered by the OP Stack, to deliver a seamless on-chain DeFi experience and drive Ethereum adoption. - 𝕏/@Optimism
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ZachXBT exposes a Chinese OTC trader, for funneling $17 million from over 25 Lazarus-related hacks through an Ethereum address, with Tether freezing 374,000 USDT in connection to the illicit activity. - 𝕏/@zachxbt
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Michael Saylor clarifies his stance on crypto custody, endorsing self-custody for those who are willing and able, while advocating for the right to choose custody options for individuals and institutions worldwide. Following criticism of his earlier remarks on regulated Bitcoin custody, the MicroStrategy founder emphasized that "Bitcoin benefits from all forms of investment by all types of entities and should welcome everyone." - 𝕏/@saylor
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