Founder Mode Activated 😎
In today’s edition: 📊 Bitcoin ETF options are here, 👀 Harris vets SEC Chair candidates, 🤑🤝 The largest acquisition deal in crypto history, and more!
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ICYMI:
What’s Poppin’?
by Juan Aranovich
Vitalik Has Gone ‘Founder Mode.’ Is This Just What Ethereum Needs?
Vitalik Buterin has always been seen as the quiet genius behind Ethereum—focused, introspective, and more interested in solving complex problems than stirring up hype. But that appears to have changed recently.
Earn bitcoin on Gemini here.
Daily Bits… ✍️✍️✍
📝 The SEC approved CBOE and NYSE's bids to offer options on bitcoin ETFs, expanding market access to crypto-related financial products following similar approvals for Nasdaq.
If you want to learn more about bitcoin ETF options, we did an episode of Unchained on this topic:
💵 Stripe has made its biggest acquisition yet, buying stablecoin payment platform Bridge for $1.1 billion to expand its focus on stablecoin-based transactions, marking the largest acquisition deal in crypto history.
📊 BlackRock is pushing major crypto exchanges such as Binance, OKX, and Deribit to use its BUIDL token as collateral for crypto derivatives, aiming to expand its role in the digital asset space.
🐕 Hackers who breached EigenLayer's X account lured users with phishing links, including a picture of a dog, resulting in the theft of $800,000 from a victim through a malicious tweet.
📱 The new Ethereum-powered dGEN1 mobile phone entered the crypto smartphone race, offering users onchain transaction capabilities with its Ethereum-based operating system and focus on decentralized applications.
🧠 Bittensor integrated Ethereum smart contract compatibility into its decentralized AI network, allowing developers to interact with DeFi protocols, boosting the TAO token and advancing its AI-DeFi fusion.
🛡️ Tapioca DAO claims it has “hacked the hacker” after recovering 1,000 ETH, worth around $2.7 million, following a social engineering attack that resulted in the loss of $4.7 million in funds. The team is working to secure the remaining assets and is offering a $1 million bounty to the attacker.
📈 Solana-based Pump.Fun is planning a future token launch and introduced an advanced trading platform with zero fees for the first month, catering to advanced users.
Today in Crypto Adoption...
🏦 UK pension giant Legal & General, which manages $1.5 trillion in assets, is exploring the tokenization of traditional assets such as money-market funds using blockchain technology, following the trend set by finance giants like BlackRock and Franklin Templeton.
💡 DBS Bank in Singapore launched tokenized banking services for institutional clients, providing instant real-time settlements and optimizing liquidity management through blockchain technology.
The $$$ Corner…
⚡ Plasma, backed by Bitfinex, raised $3.5 million to expand USDT stablecoin access on Bitcoin using its Ethereum-compatible Plasma chain, filling a gap left since Omni Layer's closure.
What Do You Meme?
📈 Your Market Update 📉
BTC is flat, trading at $68,371
ETH is up 2.3%, trading at $2,707
BTC dominance: 54.59%
Crypto market cap: $2.48T
*All data as of today, 07:05 am ET. Source: CoinGecko
Recommended Reads
Forbes Crypto: How Bitcoin Will Reform Money Management
Economist Jim Bianco on how someone tried to manipulate Polymarket
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