Jupiter COO Says Vault’s ‘Zero Contagion’ Claim Was Not Fully Accurate
Jupiter’s Chief Operating Officer Kash Dhanda acknowledged that the platform’s earlier claim of "zero contagion" risk for its Jupiter Lend vaults was not entirely correct. The vaults, marketed as isolated, actually allow rehypothecation and recollateralization of deposited assets to boost capital efficiency. After the admission, Jupiter removed the misleading social‑media posts and faced criticism from the Solana lending platform Kamino, which blocked Jupiter’s migration tool over concerns about the risk model. The episode highlights growing scrutiny of risk disclosures in decentralized finance.
Aztec Raises $59 Million in Token Sale With Uniswap’s CCA
Aztec Network completed a $59 million public token sale using Uniswap’s newly deployed Continuous Clearing Auction (CCA) on v4. The sale attracted 16,741 participants who committed 19,476 ETH, allocating 14.95 % of the total AZTEC supply and valuing the protocol at a $557 million...
Ether Supply on Exchanges Drops to Lowest Level Since Network Launch
Ethereum’s on‑chain data shows exchange balances have slipped to 8.8% of total supply, the lowest proportion since the network’s 2015 debut. The decline reflects a migration of ETH into staking, layer‑2 solutions, corporate digital‑asset treasuries and collateralized positions. By contrast,...
Premium Investor Report #485
Premium Investor Report #485 by Lark Davis provides a brief portfolio update, noting modest purchases of Solana and Bitcoin. The report highlights an altcoin deep‑dive on BOB, a Bitcoin‑secured DeFi bridge that promises yield stacking without custodial risk. A detailed...
Stack Yield On BOB
BOB (Build On Bitcoin) is a Bitcoin‑secured network that lets users lock BTC and receive a native representation that can move across EVM‑compatible chains such as Base, Arbitrum, Polygon, and Solana. The platform uses an embedded Bitcoin light client to...
Solana Mobile Plans SKR Launch in January
Solana Mobile announced that its native utility token, SKR, will debut in January 2026 as the backbone of the Seeker Web3 phone ecosystem. The token will have a 10 billion supply with a linear inflation model and will release 30 percent of...
Polymarket Opens US App to Waitlisted Users
Polymarket has begun rolling out its regulated U.S. iOS app to users on a waitlist after receiving a Commodity Futures Trading Commission (CFTC) approval order. The launch starts with sports prediction markets, marking the platform’s return following a 2022 ban...
25% of Bitcoin Supply Is Underwater: Glassnode
Glassnode reports that more than a quarter of Bitcoin’s circulating supply is currently underwater, meaning holders are sitting at a loss. The on‑chain data shows the market structure echoing the early‑2022 crypto‑winter setup, with weakening demand across ETFs, spot, and...
Premium Investor Report #484
The report highlights two institutional catalysts that boosted Bitcoin: Vanguard’s new crypto ETFs for its 50 million clients and Bank of America’s endorsement of modest crypto allocations for wealth‑management customers. Macro conditions appear supportive, with expectations of further rate cuts and...
Celestia Project Astria Network Shuts Down
Astria Network, a Celestia‑based project that built a shared sequencer for rollups, announced its shutdown on X, citing block 15,360,577 as the final block. Co‑founder Josh Bowen confirmed the decision after the team had already signaled trouble by planning to retire...
Aave DAO Rethinks Multichain Expansion Strategy
The Aave DAO is evaluating a governance proposal to scale back its multichain expansion by shutting down Aave V3 deployments on zkSync, Metis and Soneium, each yielding only $3,000 to $50,000 annually. The plan also introduces a $2 million annual revenue...
Yearn Recovers $2.4M Stolen in $9M Exploit
Yearn Finance disclosed that a recent exploit siphoned roughly $9 million from its vaults, but the protocol’s security team successfully recovered $2.4 million of the stolen assets. The breach was traced to manipulated oracle feeds that fed false price data to smart...
Coinbase Launches Instant Unstaking
Coinbase announced the rollout of an Instant Unstaking feature, allowing users to withdraw staked assets such as ETH, SOL, and ATOM without enduring the typical network unbonding periods. The service leverages a proprietary liquidity pool and charges a fee ranging...
Yearn Finance Suffers $9 Million Exploit
The yETH exploit is the third hack of a Yearn Finance product since 2021.
Terminal Finance Cancels Launch After Converge Mainnet Stalls
Terminal Finance, an Ethena‑incubated decentralized exchange, cancelled its launch after the Converge mainnet failed to go live. The project had secured $280 million in pre‑deposits from over 10,000 wallets via its “Root Access” campaign. The team announced on X that it...
$3 Million Drained From Yearn Finance’s yETH LST Stableswap Pool
Yearn Finance’s yETH LST stableswap pool on Curve was hit by a flash‑loan attack that minted unlimited yETH shares, draining the pool in a single transaction. The exploit transferred roughly $3 million worth of ETH to the Tornado Cash mixer in...
CoinShares Withdraws XRP, Solana Staking and Litecoin ETF Filings
CoinShares announced the withdrawal of three pending filings: a spot XRP exchange‑traded product, a Solana staking offering, and a Litecoin‑based ETF. The moves come as the U.S. Securities and Exchange Commission intensifies scrutiny over digital‑asset securities and market volatility spikes....
MegaETH to Refund USDm Pre-Deposits After Multisig Chaos
MegaETH announced it will reimburse users who placed pre‑deposits for its USDm stablecoin after a malfunctioning bridge transaction. The team described the incident as a "sloppy" execution involving a compromised multisig process that left funds stranded. Refunds are slated to...
Premium Investor Report #483
Lark Davis’s Premium Investor Report #483 details a strategic trim of his alt‑coin exposure, including full exits from AI16Z, ENA, and SQD, while reallocating capital into Solana, ASTER and existing equity positions. The report also spotlights Canton Network, a private‑public...
Canton Network – The Private Public Chain
The Canton Network introduces a private‑public blockchain designed for regulated capital markets, where independent validators coordinate through a Global Synchronizer that orders encrypted traffic and ensures only transaction stakeholders see relevant data. Institutions are already deploying super‑validators and tokenized‑asset flows,...
Balancer DAO Considers Proposal to Distribute $8 Million Recovered From Exploit
Balancer DAO is evaluating a governance proposal to allocate roughly $8 million that was recently reclaimed after a smart‑contract exploit. The recovered assets, primarily BAL tokens and associated stablecoins, were secured through a coordinated effort with security auditors and a white‑hat...
MegaETH Plans Return of All Pre-Deposit Funds
MegaETH, the Ethereum‑layer‑2 staking service, announced it will reimburse every user who made a pre‑deposit before the platform’s recent technical outage. The company said the full amount, plus accrued interest, will be returned within 30 days. The move follows a...
Lazarus Group Linked to $30 Million Upbit Hack: Report
A recent investigative report links the North Korean‑backed Lazarus Group to the theft of roughly $30 million from South Korean cryptocurrency exchange Upbit. The hack reportedly leveraged weaknesses in Upbit’s cold‑wallet management, allowing illicit transfers to multiple wallets. South Korean law‑enforcement...
Do Kwon Requests 5-Year Maximum Prison Term
Do Kwon, the co‑founder of Terraform Labs, formally requested that any potential prison sentence be capped at five years. The request was submitted to a Montenegrin court while he remains in detention pending extradition to South Korea. Kwon’s legal team...
Only the Biggest DAT Companies Will Survive, Bitwise Execs Warn
Bitwise executives warned that the digital‑asset treasury (DAT) sector is entering a survival‑of‑the‑fittest phase. According to the firm’s CIO, most DAT providers will either be forced to trade their holdings at a discount or exit the market entirely. Only the...
Cosmos Considers ATOM Tokenomics Overhaul
Cosmos is evaluating a major overhaul of ATOM tokenomics, focusing on inflation adjustments, supply caps, and staking reward structures. The proposal, driven by the Cosmos Hub governance community, aims to align incentives with long‑term network security and reduce token dilution....
HIP-3 Records $500 Million in Daily Volume
Hyperliquid's third iteration, HIP-3, has surged to $500 million in daily trading volume, marking a significant milestone for the platform. The increase reflects a 45% month‑over‑month rise, driven by a revamped order‑book architecture that slashes latency and improves price discovery. Institutional...
Grayscale Files to List Zcash ETF
Grayscale Investments has submitted a formal filing with the U.S. SEC to list an exchange‑traded fund that tracks Zcash, the privacy‑focused cryptocurrency. The proposal outlines a 0.75 % expense ratio, daily liquidity, and robust AML/KYC controls to satisfy regulatory scrutiny. Zcash’s...
S&P Global Downgrades USDT Rating to ‘Weak’
S&P Global has downgraded Tether’s USDT stablecoin rating to “Weak,” marking the agency’s most cautious stance to date. The downgrade follows growing concerns about the transparency of Tether’s reserve assets and heightened regulatory scrutiny worldwide. S&P cited insufficient public disclosure...
Bitcoin Climbs Off the Mat. Can It Hold Onto $90K?
Bitcoin rebounded to just above $90,000 after slipping below $80,000 last week. The recovery is supported by an RSI climb from 23 toward the oversold threshold, tapering ETF outflows, and on‑chain data showing small‑holder capitulation while whales net‑bought. Meanwhile, the...
How to Earn From Restaking and Liquidity on EtherFi
The post explains how EtherFi lets users earn yield by staking, restaking, and using auto‑compounding liquidity vaults that allocate funds across protocols like Pendle, Aave, and Hyperbeat. It highlights the platform’s $7 billion TVL, optional TradFi‑style membership plans with crypto‑linked credit...
December Rate Cut Odds Zoom Back Up
Lark Davis highlights a sharp rise in December Fed rate‑cut odds to over 80%, which has buoyed Bitcoin toward $90K and reinforced bullish signals on the S&P 500. He also notes a 20‑day streak of net inflows into U.S. spot SOL...
Grayscale Launches First Spot DOGE ETF
Grayscale has introduced the first spot exchange‑traded fund (ETF) that directly tracks Dogecoin, marking a milestone for the meme‑coin’s institutional acceptance. The post outlines the ETF’s structure, regulatory hurdles overcome, and potential impact on liquidity and mainstream adoption, while noting...
Pump.fun Cashed Out $436M Since Mid-October: Lookonchain
The article reports that the DeFi platform Pump.fun has withdrawn approximately $436 million in user funds since mid‑October, according to analytics firm Lookonchain. It highlights the rapid outflow, potential red flags for investors, and compares the activity to previous market exits,...
MON Rallies 40% After Mainnet Launch
The post reports that the MON cryptocurrency surged roughly 40% following the launch of its mainnet, attributing the rally to heightened investor confidence, increased network activity, and positive media coverage. It highlights key drivers such as the successful deployment of...
Berachain Documents Show Brevan Howard Fund Offered $25 Million Refund Right
The article reveals that Brevan Howard’s Nova Digital fund secured an unusual $25 million post‑token‑generation refund right on its Series B investment in the bear‑themed blockchain Berachain, effectively insulating its principal while still benefiting from token upside. Lawyers note such clauses are...
Port3 Network Loses $13 Million in Token Bridge Exploit
The article reports that Port3 Network suffered a $13 million loss after a vulnerability in its token bridge was exploited, allowing attackers to mint and withdraw assets illicitly. It details how the breach unfolded, the technical flaws in the bridge’s smart...
Solana Mulls Proposal to Lower Inflation Rate
The article reports that Solana’s governance community is debating a proposal to reduce the network’s inflation rate, aiming to curb token supply growth and potentially boost SOL’s price stability. It outlines the mechanics of the suggested change, including a shift...
SKY Money – The New MKR
Jesse explains that MakerDAO’s Endgame has materialized as Sky Money, rebranding DAI to USDS and MKR to SKY while keeping the same collateralized‑stablecoin engine. The new UX and modular SkyLink rails aim to make the system usable for everyday users,...
Premium Investor Report #481
Lark Davis’s Premium Investor Report #481 highlights macro liquidity trends—massive stimulus in China, US treasury issuance, and record M2—as a catalyst for Bitcoin’s next rally, while offering portfolio updates (more Solana, AI‑heavy stocks) and a shift from altcoins to equities....
Premium Investor Report #480
Lark Davis’s Premium Investor Report #480 provides a concise market outlook, linking macro trends to crypto movements. He highlights that US equities are in a minor correction and that Nvidia’s upcoming earnings will act as a barometer for Bitcoin, with...
Monad ICO on Coinbase Fizzles 12 Hours After Launch
The blog post reports that Monad's highly anticipated ICO on Coinbase raised $50 million in the first 45 minutes but stalled, reaching only $95 million after 12 hours—well below its $187 million target. The author attributes the shortfall to factors like Coinbase’s jurisdictional...
Monad Co-Founder Defends Token Sale After Slow Uptake
Monad co‑founder Keone Hon defended the project's Coinbase token sale, emphasizing its goal of broad, democratic distribution and the platform's reach. While the sale raised $43 million in the first 30 minutes, it only reached 68% of its $120 million target after...
Activist Hedge Fund Reveals 7.7% Stake in Pompliano’s Bitcoin DAT
The post reports that activist hedge fund Glazer Capital has disclosed a 7.7% stake in the SPAC slated to merge with ProCap Financial, positioning it to challenge the current terms of Anthony Pompliano’s Bitcoin DAT. Glazer argues the existing deal...
How to Use Nest for RWA-Backed Yield
Nest, built by Plume, is a vault‑based DeFi protocol that lets users deposit stablecoins to earn yield sourced from real‑world assets like Treasuries and private credit, without needing KYC. Depositors receive composable vault tokens that appreciate with underlying returns and...
PayPal Stablecoin Supply Jumps 22%
PayPal’s PYUSD stablecoin surged 22% in market capitalization over the past week, adding $625 million of new tokens since Nov 10 and raising its Ethereum‑based supply to $2.38 billion, roughly 70% of the total. This rapid growth positions PYUSD as the sixth‑largest stablecoin...
Yala Protocol’s Bitcoin Stablecoin Depegs
The blog post reports that Yala Protocol’s Bitcoin-native stablecoin YU sharply de‑pegged on Sunday, falling as low as 55% below its $1 target across all supported networks, prompting a response from the Yala team acknowledging community concerns. It notes that...
Harvard Ups Bitcoin ETF Stake to $443 Million
Harvard University’s endowment has tripled its holding in BlackRock’s iShares Bitcoin Trust (IBIT) to roughly $443 million, making it the fund’s largest position and signaling strong institutional endorsement for spot Bitcoin ETFs. The move underscores the growing demand for crypto exposure...
Scaramucci Family Invested Over $100 Million in Trump Family’s Bitcoin Mining FirmThe Scaramucci Family Has Invested More than $100 Million...
The Scaramucci family, via AJ Scaramucci’s Solari Capital, invested over $100 million in American Bitcoin, a Bitcoin mining firm backed by Donald Trump’s sons, as part of a $220 million financing round before the company went public through a reverse merger. The...
Infura Expands Decentralized Infra Network to EigenLayer Following AWS Outage
Infura is extending its Decentralized Infrastructure Network (DIN) onto EigenLayer, turning its large‑scale RPC and API marketplace into an EigenLayer Autonomous Verifiable Service backed by restaked ETH. The move adds economic accountability—stakers earn rewards for uptime and lose stake for...
