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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 🧵

14 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 🧵

20 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.

1 day 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...

1 day 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 <...

1 day 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

3 days ago Tweets

NH State Rep on BTC ETFs

Rated Launches Solana Support

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

3 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.

4 days ago Tweets

Wisconsin State Pension Buys BTC ETF

24th April 2024

King $COIN's Calculated Moves

With Q1 earnings season on the horizon, and with Coinbase reporting on May 2nd, we wanted to highlight one of our newest tools made available to Delphi subscribers: The Coinbase Transaction Revenue Calculator. Recalling our exploration into the over...

22nd April 2024

Bitcoin Light Pools

Now that Runes are live, Casey Rodarmor has theorized a solution to decentralize Rune/inscription markets. As I am sure readers know, the tr...

20th April 2024

Rune Pups vs BRC-20 Update

In a recent AF post, I looked to see if there was upside in buying Rune Pups ordinals vs PUPS BRC-20. I outlined some very optimistic scenarios for holding a rare Rune Pup. The team has finally released the actual allocation based on Rune Pup type so...

17th April 2024

Heroglyph - Incentivizing Solo Staking (Friday Launch)

Locked Feature

Sign up to Delphi Pro to view.

A new project launched by 0xMaki (ex Sushiswap & Currently LayerZero) has gained some attention on Twitter. Here I will breakdown what i...

15th April 2024

Block Builders cannibalizing each other's profits by subsidizing

A fun war is happening at block builders’ backyard New block builders trying to gain slot share have been subsidizing block bids for propos...

14th April 2024

Uniswap Labs has increased its fee on trades using the Uniswap Labs front ends from 0.15% to 0.25%. If you’ve still been using the official ...

12th April 2024

A Pro Member asked...

Does anyone have strong conviction in what the next big narrative will be and where attention is going to flow? Seems like we’re in a bit of
I put this narratives AF post out the other week and still mostly agree with it: https://members.delphidigital.io/feed/tracking-current-narratives?&utm_source=link&utm_medium=portal I think I would put all of the BTC ecosystem stuff higher, especial...

Deciphering Runes - Native Fungible Tokens on Bitcoin

As the halving approaches, speculators eagerly anticipate the launch of Runes. Drawing significant mindshare on CT, there’s much confusion and misinformation surrounding this new token standard. Even more so exacerbated by a myriad of unaffiliated pr...

11th April 2024

Which to buy, PUPS BRC-20 or Rune Pups?

Another token near the top of the Bitcoin meme wars is PUPS. With the recent pumping of the PUPS BRC-20 and Rune Pups floor as of late, the question is “Which to buy, PUPS BRC-20 or Rune Pups?”. In order to answer this, we will go through 4 (of many...

Quick Highlights From The ZKSummit

ZKSummit (hosted by zero-knowledge podcast) was a single-day event in Athens with a highly technical group of (200 or so) attendees; enginee...