The Daily Index — Friday, November 10, 2023 · TLDR Index

MARKETS & BUSINESS

TLDR Crypto

TLDR Crypto

FACTION: A $285 MILLION EARLY-STAGE VENTURE FUND

Lightspeed Venture Partners has launched Lightspeed Faction Fund I, a $285m fund focused on early-stage blockchain tech. The fund is specifically designed to back entrepreneurs in the blockchain industry with the belief that the next big tech breakthroughs will happen in this space. As market sentiment has shifted over the past few months, there have been several new funds like this either announced as planned or raised.

mirror.xyz · 2 min

TLDR Crypto

FLASHBOTS CO-FOUNDER UNVEILS TELEGRAM TRADING BOT 'ALFRED'

Stephane Gosselin, co-founder of Flashbots and now CEO of Frontier Research, has launched "Alfred", a Telegram bot developed in partnership with Kolibrio. Designed to execute token swaps on the Ethereum network, Alfred aims to provide users with advanced trading tools and protections against MEV profits. It’s entering a competitive market with real user security concerns, but unlike other Telegram bots, it currently has no plans for a dedicated token.

theblock.co · 3 min

TLDR Crypto

BITCOIN STAGES

This timeless thread discusses the four stages of price momentum in Bitcoin’s cycles. There's an accumulation range (no media/max opportunity), directional trend (where trading tends to be most profitable), huge volatility (media frenzy/minimal opportunity), and the final markdown/crash. Too much activity in stages 1, 3, and 4 can lead to significant losses. Traders should focus on directional trends in stage 2 to maximize profits.

twitter.com · 3 min

TLDR Crypto

SEARCHER-BUILDER RELATIONSHIP DASHBOARD

Bitwise Invest has launched a new public transparency dashboard to identify vertically integrated searcher-builders, like Wintermute, rsync, and others. The investigation was triggered by a curiosity to identify such builders and to examine their likelihood of censoring transactions. The finding reveals no significant correlation, meaning that censorship pressures are common among both integrated and non-integrated builders.

twitter.com · 1 min

TLDR Crypto

LOVE VS. FAME: A FRAMEWORK FOR SOCIAL APPLICATIONS

This blog post from Variant’s Li Jin discusses the balance between 'love' versus 'fame' on social networks. 'Love' networks center on deepening personal connections, exemplified by platforms like iMessage, WhatsApp, and early Facebook. Conversely, 'fame' networks like TikTok and Instagram aim to help users gain wider reach and focus on content discovery. The post discusses how crypto social networks provide new business models for these established love vs fame frameworks.

li.substack.com · 10 min

TLDR Crypto

BEYOND ZERO-KNOWLEDGE: WHAT’S NEXT IN PROGRAMMABLE CRYPTOGRAPHY?

The future of cryptography may involve programmable solutions that allow for greater flexibility and accessibility for developers. This includes methods like Multi-Party Computation, Fully Homomorphic Encryption, and Indistinguishable Obfuscation. Unlike traditional cryptography, programmable solutions could adapt to nearly any functionality. These techniques might be more theoretical at present, but as they become more practical, they could greatly expand the applications and scope of cryptography, including in the realm of artificial intelligence.

mirror.xyz · 12 min

TLDR Crypto

CELSIUS NETWORK PAYMENT PLAN APPROVED BY NEW YORK JUDGE, NOW IT’S UP TO THE SEC

As a part of its bankruptcy plan, Celsius is vying to transition to becoming a creditor-owned bitcoin mining company. This plan was approved by a New York Judge and now has to get the SEC’s approval to become a reality.

blockworks.co · 2 min

TLDR Crypto

CRYPTO VC MAVEN 11 TARGETS $100 MILLION FOR THIRD FUND

Amsterdam-based Maven 11 is aiming to raise $100 million for a new crypto fund, with a third of the funds already committed, focusing on consumer applications in the blockchain space.

theblock.co · 2 min

TLDR Crypto

ROBLOX CEO HINTS AT NFTS COMING TO THE PLATFORM AT SOME POINT IN THE FUTURE (1 MINUTE VIDEO)

In an interview on CNBC yesterday, Roblox’s CEO mentioned that NFTs on Roblox are a real possibility at some point and that he sees valid use cases for the company creating NFTs that can be moved off-platform.

x.com

TLDR Crypto

BLOCKCHAINS AND THE FUTURE OF AI

This post from Archetype discusses the burgeoning trend of merging AI with blockchain tech and how that may spur innovation. It proposes blockchains as key platforms for AI development due to their collaborative potential.

archetype.fund · 11 min