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Today

Sybil Detection Methodology

1/ LayerZero Sybil Detector

The @LayerZero_Labs Foundation selected @chaos_labs and @nansen_ai to lead protocol usage analysis and Sybil detection.

Below, we provide our analysis principles, methodology, and heuristics, showing our commitment to transparency, integrity 🧵

13 hours ago Tweets

Sybil Detection Methodology

Yesterday

Tinydancer SPV Client Live on Testnet

Excited to announce that our Simplified Payment Verification (SPV) client is live on @solana Testnet! 💃🤏

Here’s our incredible journey after 5 iterations, challenges and demo 🧵

19 hours ago Tweets

Tinydancer SPV Client Live on Testnet

ZkSync Airdrop End of June

zkSync firmly stands by its commitment to decentralize.

Since rolling out support for EIP4844 in March, this has been the sole focus. The upcoming release of v24 is the final planned protocol upgrade needed before handing over network governance to the community. The remaining missing pieces are expected to be in place by the end of June.

Decentralization is a big, irreversible step that requires utmost attention to detail at the intersection of complex technological and legal frameworks. In a...

20 hours ago Tweets

ZkSync Airdrop End of June

Vitalik - improving the Ethereum network's permissionlessness and decentralization

I am sitting here writing this on the final day of an Ethereum developer interop in Kenya, where we made a large amount of progress implementing and ironing out technical details of important upcoming Ethereum improvements, most notably PeerDAS, the Verkle tree transition and decentralized approaches to storing history in the context of EIP 4444. From my own perspective, it feels like the pace of Ethereum development, and our capacity to ship large and important features that meaningfully improv...

23 hours ago Reads

Vitalik - improving the Ethereum network's permissionlessness and decentralization

Jito Core Dev on StakeNet

1/ StakeNet is coming! But the journey hasn't been easy.

We asked @evanbat_ from @jito_labs to shed some light on the challenges he encountered while building the innovative project that is StakeNet.

23 hours ago Tweets

Jito Core Dev on StakeNet

STON.fi, Leading DEX in TON Ecosystem, Secures Funding from CoinFund

/PRNewswire/ -- Today, STON.fi, a leading decentralized automated market maker exchange (AMM DEX) built on the TON blockchain, announces an undisclosed round...

23 hours ago Tweets

STON.fi, Leading DEX in TON Ecosystem, Secures Funding from CoinFund

Recent OTC Prices

Recent OTC prices (in FDV):
Pre-launch:
$EIGEN @eigenlayer 6B (blocked)
$BLAST @Blast_L2 2.5B
@gensynai 1B (blocked)
$ZRO @LayerZero_Labs 3B
@babylon_chain 500M (blocked AFAIK)
$IO @ionet 1B (blocked)
$BERA @berachain 2B (blocked)
$SCR @Scroll_ZKP 1.7B
$ZKS @zksync 3B (blocked)
$ALEO @AleoHQ 1B (blocked)
Locked:
$TIA @CelestiaOrg 5B
$ENA @ethena_labs 2B
$W @wormhole 1.5B
$WLD @worldcoin 10B
$SEI @SeiNetwork 1.5B
$MANTA @MantaNetwork 650M
$REZ Renzo Protocol 300M (blocked AFAIK)
$JTO @jito_sol <...

23 hours ago Tweets

Recent OTC Prices

Binance Research - Low Float & High FDV: How Did We Get Here?

The prevalence of tokens with high valuations and low initial circulating supply has been a topic of discussion among the crypto community in recent months. This stems from concerns that such a market structure leaves little sustainable upside for traders when the TGE happens.

1 day ago Reads

Binance Research - Low Float & High FDV: How Did We Get Here?

16th May 2024

pump.fun post-mortem

http://pump.fun coin migration issue post-mortem

TL;DR:

1. the http://pump.fun contracts are safe. they have always been safe
2. a former employee used their privileged position at the company to misappropriate ~12.3K SOL (~$1.9m)
3. http://pump.fun is back live. you can launch new coins and trade any coin that did not reach 100% between 15:21-17:00 UTC
4. to make users whole, any coin that reached 100% between 15:21-17:00 UTC will go live on raydium with >= 100% of the liquidity that it previ...

1 day ago Tweets

pump.fun post-mortem

Kraken - What is the Bitcoin Runes protocol, exactly?

Expanding Bitcoin's potential beyond storing value

1 day ago Reads

Kraken - What is the Bitcoin Runes protocol, exactly?

Delphi Pro - The Dawn of Bitcoin Programmability: Paving the Way for Rollups

Bitcoin's scripting system is inherently limited in its programmability. Consequently, bridges to Bitcoin rely on multisigs and federation control, introducing trust. This has constrained Bitcoin's utility. Recent advancements are enhancing programmability on Bitcoin. BitVM, its successors, and CatVM are enabling the verification of off-chain programs on Bitcoin through fraud proofs. This improves the current state of bridging on Bitcoin, minimizing the reliance on trusted multisig setups and f...

1 day ago Reads

Delphi Pro - The Dawn of Bitcoin Programmability: Paving the Way for Rollups

SAB 121 Repealed in Senate, Moves to Biden

1/ Today, the Senate voted, in overwhelmingly bipartisan fashion, to #repealSAB121, an anti-innovation accounting bulletin which was improperly issued by the SEC in 2022.

1 day ago Tweets

SAB 121 Repealed in Senate, Moves to Biden

15th May 2024

Blast Airdrop June 26

The Blast airdrop is launching June 26.

We know this is past our initial estimate of May and we’re sorry for the delay. The airdrop allocation will be increased to account for this.

There will be two final Dapp Gold distributions before the airdrop.

2 days ago Tweets

Blast Airdrop June 26

Delphi Creative - Superchain and the Monolithic Experience

As an ecosystem of chains, Superchain has the responsibility of satisfying not just the users who are looking for an ecosystem of dApps, but also the dApp

2 days ago Reads

Delphi Creative - Superchain and the Monolithic Experience

DOJ Indicts "low carb crusader" for MEV-Boost Exploit

wild, this was for the exploit of the mev-boost relay

Quoting db (@tier10k)

DOJ INDICTS BROTHERS FOR MEV-RELATED WIRE FRAUD IN 'FIRST-OF-ITS-KIND CASE'

Source: DB

2 days ago Tweets

DOJ Indicts "low carb crusader" for MEV-Boost Exploit

NH State Rep on BTC ETFs

2 days ago Tweets

NH State Rep on BTC ETFs

Rated Launches Solana Support

Global network effectiveness, vote latency, client and geo diversity for Solana.

2 days ago Reads

Rated Launches Solana Support

CPI Comes in Cool

❖ U.S CPI (MOM) (APR) ACTUAL: 0.3% VS 0.4% PREVIOUS; EST 0.4%

❖ U.S CPI (YOY) (APR) ACTUAL: 3.4% VS 3.5% PREVIOUS; EST 3.4%

❖ U.S CORE CPI (MOM) (APR) ACTUAL: 0.3% VS 0.4% PREVIOUS; EST 0.3%

❖ U.S CORE CPI (YOY) (APR) ACTUAL: 3.6% VS 3.8% PREVIOUS; EST 3.6%

3 days ago Tweets

CPI Comes in Cool

14th May 2024

SCOOP: Lido's co-founders and @Paradigm secretly funded a restaking startup that will compete with @

SCOOP: Lido's co-founders and @Paradigm secretly funded a restaking startup that will compete with @EigenLayer.

@skesslr reports
https://trib.al/gzDV0la

3 days ago Tweets

SCOOP: Lido's co-founders and @Paradigm secretly funded a restaking startup that will compete with @

Liquity v2 whitepaper

It’s time for the next evolution of CDPs.

@LiquityProtocol v2 Whitepaper is out (link at the end of the 🧵)

Keeping the decentralization ethos & adding:

• User-set interest rates
• LSTs as collateral
• Better capital efficiency
• Protocol Incentivized Liquidity (PIL)

👇

3 days ago Tweets

Liquity v2 whitepaper

World PvP fixes front end

3 days ago Tweets

World PvP fixes front end

Sam Altman on GPT-4o

3 days ago Reads

Sam Altman on GPT-4o

Polymarket Raises $70M Before Election

Excited to share that @Polymarket has raised $70m:

A $45m Series B led by Founders Fund and insiders 1confirmation and ParaFi + @VitalikButerin, & Dragonfly

And a $25m Series A led by General Catalyst + Polychain, @jgebbia, & more

🔮🧵

3 days ago Tweets

Polymarket Raises $70M Before Election

Wisconsin State Pension Buys BTC ETF

Wow, a state pension bought $IBIT in first quarter. Normally you don't get these big fish institutions in the 13Fs for a year or so (when the ETF gets more liquidity) but as we've seen these are no ordinary launches. Good sign, expect more, as institutions tend to move in herds

Quoting Bitcoin Magazine (@BitcoinMagazine)

JUST IN: 🇺🇸 State of Wisconsin Investment Board discloses it holds almost $100 million of BlackRock's spot #Bitcoin ETF.

3 days ago Tweets

Wisconsin State Pension Buys BTC ETF

28th March 2024

I’ve heard rumors of a Gitcoin Passport scoring rework, and the Gitcoin Passport X account appears to be teasing something even bigger in April. Airdrop strategy is still very much a work in progress, with no one having solved the Sybil problem. L1...

27th March 2024

Private Intents with Aztec & SUAVE

Could Private Intents be a Thing? Volume across intent-based DEXs has been steadily on the rise, and so have the number of AMM-based DEXs building their solver networks (upcoming alpha post teaser :P) We’ve previously made our case about why we thi...

26th March 2024

The Aggregation Layer Thesis - Preconfer Call Notes #4

Brendan from Polygon presented ‘Agg Layer’, the Polygon’s solution to solve fragmentation between zk rollups that may not share sequencers. Recording Slides Bridging assets between zk rollups can result in a latency penalty of over 25 minutes (us...

22nd March 2024

Change Of Narrative: ZK And Shared Sequencing

Yesterday, Succinct Labs and Espresso Systems announced their series rounds, with $55M and $28M respectively. Here’s a brief recap of the developments for each one: Succinct https://twitter.com/SuccinctLabs/status/1770843544388771914 There are a b...

Anzen Finance: DeFi's Newest Lucrative Yield Vehicle?

On-chain yields are surging right now. Ethena’s USDe offers anywhere from 25-60% yield by tokenizing funding rates. Banana Gun offers 30-80% yield through BANANA dividends (idiosyncratic risk involved here). Synthetix, GMX, and Gains Network are prov...
Near field communication (NFC) is a wireless technology that allows NFC-enabled devices to securely transmit small amounts of data over short distances of 4cm or less. NFC is essentially a more secure, shorter-range version of Bluetooth. It is growin...

21st March 2024

Pandora Perspective

Disclosure: I hold $PANDORA. My Pandora Thesis Many people look at the $PANDORA chart and think the 404 narrative is played out and that $PANDORA is dead. I think they are wrong. $PANDORA and 404s are probably the most exciting things to happen in ...

Bald Man Goes Global

Perpetual futures — aka perps — are the most popular instrument in crypto. On any given day, perps trade ~7x more size than spot. Unfortunately, perps are still illegal in the techno-regressive United States. This forces American exchanges that want...

19th March 2024

A few days post EIP-4844 we’ve seen Base pick up activity vs the other L2s at an increasing pace. In my opinion, having a bunch of general purpose EVM chains is not the optimal scaling strategy from a social/liquidity fragmentation standpoint and one...

Market Pullbacks Provide Clarity

GM – hopefully this post finds everyone safe in the aftermath of this most recent market pullback. While these moves may feel painful in the moment, they are very natural and healthy parts of a longer term bull cycle. They can even provide clues and ...