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Daily news roundup with the 🦙

1/2 News📰

> Fault proofs live on Base mainnet> Astria mainnet live> Elixer Mainnet Phase 1> Solayer RWA backed stablecoin> Morph Mainnet Live> Skate Shadow Mainnet live> Eclipse launches ETH unified restaking token> Paxos introduces new stablecoin USDG> NEBRA zkp launches aggregation tool on World Chain> =nil; Testnet v1 live> Multiplier testnet live on Abstract> Karak Data Availability Marketplace live on Testnet> Cortex Intelligent Accounts> OpenBlock update on Linea's LXP-L Campaign> Argot Collective spinning out of Ethereum Foundation> Timedotfun migrating from Base to Solana> Justin Drake and Dankrad Feist both resign from their Eigenlayer advisorship> Franklin Templeton launches tokenized money fund on Base> Tether Attestation for Q3/2024> Kraken lays off staff, announcing new co-CEO> dYdX cutting 35% of their team> Partner at DWF, Eugene Ng, allegedly spiking a potential hire's drink> Zircuit Fairdrop to EIGEN holders

Layer 1 & 2⛓

> Solana with Micro Validators> OP Succinct with Celestia Underneath> 50ms block times on Atlas> PowdrVM 0.1 release, zkVM with multi-prover support> Unichain introducing a new validation network> Scroll SDK & Gadgets> Ethereum ACDC 145 writeup

Middleware 🪢

> Jito restaking deposits are live

DeFi 🏦

> Fluid DEX launched> Synthetix USDx on Arbitrum> GMX bringing their perp dex to Solana> Aave v3.2 upgrade live> Krav perp dex rebrands to Rave and intends to launch on Initia's interwoven stack> Reya Network Phase 2> Wildcat V2 whitepaper> Vote for savings crvUSD> Ethena risk dashboard> Ethereum Staking Penalty Simulator

Reads 📚

> Possiable futures of the Ethereum protocol, part 6 The Splurge> Story of Sabliers discontinued project called Sablier Mainnet> Starknet: Ethereum's Dreadnought is Back> Full DAS Sampling Analysis> Electric Capital Global Crypto Developer Data> Dependency funding round dynamics> FUTARCHY AS TRUSTLESS JOINT OWNERSHIP> Polylogarithmic Proofs for Multilinears over Binary Towers> Sam Kazemian new system for valuing digital commodities vs gov tokens> How to Hedge IL in Uni V2 & V3 Using GammaSwap's Straddle > dApps Graveyard

Raises💰

> Infinex $67.7m Patron Sale> Glow Fiybdatuib rauses $30m funding> Ellipsis Labs $21m fundraise> Citrea $14m series A funding> Gelato Series A+ $11m funding> Sapien AI $10.5m seed funding> Spire Labs $7m seed funding> Phylax $4.5m pre-seed funding> Nitro Labs $4m seed funding> Hana Network $4m builders round> Axal $2.5m pre-seedfunding> CAP Labs $1.9m pre seed funding> KRNL Labs $1.7m pre seed funding> Bridge acquires Web3 Wallet Platform Triangle

Security 🛡

> Venn decentralized firewall testnet live> M2 exchange $13.7m cybersecurity incident> Radiant Capital's Ethereum markets are now unpaused> Maia DAO Post Mortem> Malicious token contract cointains hidden code that bypasses token allowance> Vyper Security

Development⚙️

> Syndica Cloud V2 RPC implementation

France to ban users’ access to Polymarket: report[1]

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Here are the people who could replace crypto foe Gary Gensler[1]

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News 📰

> Eclipse mainnet live> cbBTC live on Solana> Wintermute's prediction market: OutcomeMarket> Story’s final testnet, Odyssey, is now live> Degen chain migrating away from conduit> Conduit response> Biconomy acquires Klaster building modular execution enviroment> L2BEAT's dashboard for data availability> Possible V2 of OpenSea

Layer 1 & 2 ⛓

> Magic Labs Unveils Chain Unification Network 'Newton'> Escape Hatches

DeFi 🏦

> Euler Prime - a bespoke lending market to provide the most capital efficient lending experience> Governance proposal submitted to enable fee switch for ENA> Spark mainnet beta is live> defi.money | The MetaCDP> Ethereal DEX> USDxl: yield backed stablecoin by Last> Vote to allow for MORPHO transferability passed> Synthetix acquires Kwenta> Arkham perpetual exchange > BounceX, perpetual exchangepowered by AUCTION token> Recovering from Napier V1

MEV ⚡️

> Rollup-Boost availble on Conduit rollups

Reads 📚

> pm-AMM: A Uniform AMM for Prediction Markets> From prediction markets to info finance> Ethereum Foundation report> The Practical Guide to Ethereum Rollups> On solver economics> Aerodrome: The Onchain Liquidity Engine > Why we need altVM's> AI Agent coordination layer> Tethered to Dominance: Tether's Future in a Trump Presidency

Raises 💰

> vlayer $10m pre-seed funding> Pharos $8m seed funding> Pond $7.5m seed funding> Rekt Brands $1.5m seed fundung> Usual $1.5m community round> Binance Labs investing in BIO Protocol

Security 🛡

> DeltaPrime exploited fore $4.75m

Development⚙️

> Solar: implementation of Solidity compliler in rust> ColliderScript: Covenants in Bitcoin via 160-bit hash collisions> Ox, standard library for Ethereum> Velos: lightweight Solana client

‘Desperate’ trader offers $2.5m reward to recover stuck funds[1]

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Ethereum researcher Justin Drake unveils new plan to supercharge the network[1]

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Bitpanda’s new ‘global ambassador’ is tennis star who settled ex-girlfriend’s abuse case[1]

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Crypto dealmaking poised to soar as Trump loosens rules and replaces regulators[1]

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Manifold token craters 98% as founder ghosts frustrated supporters[1]

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Llama news round- up 🍗

News 📰

> BlackRock expands BUIDL to Aptos, Arbitrum and Optimism> Ethereum researcher Justin Drake unveils redesign of the Ethereum Consensus layer - Beam Chain> Polymer Hub mainnet is live> Infura's decentralized infrastructure network launched> Layerzero introduces new data primitive: lzRead> Agora introducing multichain voting> Zoto trading platform live> Atlas network live> Burner: an easy to use, low cost hardware wallet designed for gifting stablecoins> Coinbase introduces Offramp — enable crypto-to-fiat conversions in your app> Hadron by Tether Platform Brings Simplified Asset Tokenization to the Mass Market> Caldera Foundation introduced> Ethereum team lead Péter Szilágyi going on sabbatical

Layer 1 & 2 ⛓

> Espresso Mainnet is live> Risc Zero Kailua: Giving OP chains 1-hour finality without the higher cost of constant ZK proving> Zerion's 'fee-free' Ethereum Layer 2 ZERO Network goes live> Ethereum Layer 2 Lisk launches mainnet> Multi Proofs live on Taiko mainnet> Caldera introducing Vulcan, Sovereignty-as-a-Service for Ethereum Rollups> Ethereum's ENS Identity System Set to Launch Own Layer-2

DeFi 🏦

> Pendle introduces Boros: Yield Trading with Margin> Exponent is live> scrvUSD launched> Ethena risk committee approved Wintermute's ENA fee switch proposal> Split Capital submitted governance proposal for Blur to enable fee switch> ThalaSwap v2> Huma Protocol expands to Solana> First AI optimized Morpho vault aggregator live> A Product Line Approach to Grow Lido’s Staking Ecosystem

Reads 📚

> Bitcoin for the Sovereign> A useful framework for understanding stablecoins> Measuring Solana’s Decentralization: Facts and Figures> Hyperliquid - an L1 designed for DeFi at scale> Arthur Hayes — Black or White?> The World Network Opportunity: A Greenfield for Builders

Raises💰

> StakeStone $22m funding> Brevis $7.5m seed funding> Tac $6.5m seed funding> Alluvial $4.3m strategic funding> Folks Finance $3.2m strategic funding> MBD $3m pre-seed funding> Pulse $1.8m pre-seed funding

> Utopia Labs acquired by Coinbase> Caldera acquires Hook> Fintek Securities Pte Ltd acquired by Crypto(.)com> smlXL acquired by Dune> Vinter acquired by Kaiko> Attestant acquired by Bitwise> Blocktower acquired by Arca> Anycoin Direct acquired by Finst

Security 🛡

> Thala $25.5m exploit recovers $25m following successful hacker negotiation> How kaden found a critical vulnerbaility in Zora's ERC20Z contract> Radiant RIZ market update

What’s next for Polymarket — and prediction markets — after the FBI raid?[1]

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‘Razzlekhan’ sentenced to 18 months for Bitfinex heist of 120,000 Bitcoin[1]

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