The Daily Index — Wednesday, December 6, 2023 · TLDR Index

MARKETS & BUSINESS

TLDR Crypto

TLDR Crypto

BLACKROCK RECEIVED $100K SEED FUNDING FOR SPOT BITCOIN ETF

In its amended ETF application, BlackRock reported a $100,000 investment as seed capital for a proposed bitcoin ETF. As a reminder, unlike some of the bitcoin ETFs already on the market, this product will invest directly in spot bitcoin, not futures. The application is one of thirteen like this awaiting regulatory approval, with analysts predicting a likely green light in early public trading next year.

coindesk.com · 2 min

TLDR Crypto

COINBASE ROLLS OUT CRYPTO TRANSFERS VIA LINKS SENT ON WHATSAPP, TELEGRAM

Coinbase has introduced a new wallet feature enabling crypto transfers via links shared on social media and messaging apps including iMessage, Telegram, WhatsApp, Facebook, Instagram, and TikTok. This is part of a move to enable more user-friendly crypto transactions and to continue bolstering this as an alternative to international wire transfers.

cointelegraph.com · 2 min

TLDR Crypto

SHADOW: DROP IN INFRASTRUCTURE FOR CRYPTO BUILDERS

Cryptocurrency data infrastructure provider Shadow rolled out its first iteration of products and announced it had raised a $9 million seed round led by Paradigm. The company's first product allows users to extract unique on-chain data with minimal coding, cutting down on engineering time and costs. Shadow's platform also enables anyone to log any data on any smart contract, without the costs associated with gas fees. Overall, the company aims to make dealing with smart contract data much more efficient, both in terms of time and infrastructure cost, so teams can be more nimble and develop more quickly.

blog.shadow.xyz · 4 min

TLDR Crypto

SOLANA FEES, PART 1

This article provides an introduction to Solana’s fee mechanism. Solana's transaction fees are split into a base fee and a priority fee, with half of each being kept by the network leader and the other half being burned. Solana also charges for new state creation. Issues with the current system include inefficiencies due to a lack of optimization incentives, the potential for collusion between transaction senders and leaders, and the absence of a localized fee market.

umbraresearch.xyz · 7 min

TLDR Crypto

TOP 10 AIRDROPS ON SOLANA

This thread identifies the top 10 potential upcoming airdrops on Solana. The list includes Zeta Markets, a DeFi futures and options exchange; Drift Protocol, which brings cross-margined perpetual futures to Solana; and MarginFi, a lending foundation for DeFi 2.0. The thread also details tips on how to interact with each protocol to increase your chances of receiving an airdrop.

twitter.com · 3 min

TLDR Crypto

CRYPTO AI AGENTS: THE FIRST-CLASS CITIZENS OF ON-CHAIN ECONOMIES

This blog post details how different types of bots are proliferating in the crypto space. From profit-driven bots to consumer-driven ones, these bots are becoming the most prolific users on-chain. The blog walks through how bots could be integrated with AI agents and actually perform financial transactions on-chain.

nystrom.substack.com · 5 min

TLDR Crypto

HELIUM MOBILE SERVICE THAT LETS USERS EARN CRYPTO EXPANDS ACROSS US

Helium, a phone service powered by a decentralized network that utilizes crypto incentives, has launched nationwide after a trial in Miami. The service, which offers unlimited talk, text, and data, allows subscribers to earn crypto tokens for everyday usage. The service operates on the Helium network and T-Mobile’s 5G, with support for iOS 14 and Android 11 or above devices. While the price is set at $20 per month, certain users may earn MOBILE tokens to offset the costs.

decrypt.co · 3 min

TLDR Crypto

COINBASE NFT AND OPENSEA RESPOND AFTER THIRDWEB VULNERABILITY DISCLOSURE

Thirdweb, a web3 developer platform, reported a significant security flaw in an open-source library impacting multiple NFT collections using its pre-built smart contracts.

theblock.co · 2 min

TLDR Crypto

GODS UNCHAINED LAUNCHES TO 200M AMAZON PRIME GAMING SUBSCRIBERS

Gods Unchained, a web3 trading card game, launched on Amazon Prime Gaming for 200M subscribers, offering exclusive content and integrating with AWS.

thedefiant.io · 2 min

TLDR Crypto

SEC DELAYS GRAYSCALE ETHEREUM ETF, CONFIRMS RECEIPT OF BLACKROCK ETH FUND

The SEC extended its deadline to January 2024 to decide on Grayscale's request to convert its Ethereum trust into an ETF, citing the need for more evaluation time.

decrypt.co · 1 min

TLDR Crypto

WARBLER LABS DOGFOODING ITS GOLDFINCH PROTOCOL WITH HERON FINANCE

Heron Finance, an SEC-registered advisor built on top of Goldfinch, plans to launch a robo-advisor for private credit markets leveraging blockchain-based tech.

blockworks.co · 2 min