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Daily Edition · Page 5

THE DAILY INDEX

Technology, AI, software, security, crypto and business

GENERAL

TLDR Crypto

TLDR Crypto

DIGITAL ASSET BROKERAGE FIRM NONCO RAISES $10M SEED FUNDING LED BY VALOR CAPITAL, HACK VC

Digital asset brokerage Nonco has raised a $10 million seed round to serve a rising number of institutional clients in the US. The round included participation from ex-US Comptroller of Currency Brian Brooks and others. Launched in April, Nonco has already done over $6 billion in volume. The firm is aiming to become the top digital asset brokerage by prioritizing technology and services led by some veterans in the space.

coindesk.com · 2 min

TLDR Crypto

DECENTRALIZED EXCHANGE UNISWAP EXPANDS TO BITCOIN SIDECHAIN ROOTSTOCK

Uniswap recently expanded to Bitcoin sidechain Rootstock, aiming to provide more infrastructure for Bitcoin's DeFi ecosystem. This enables the combination of Uniswap's smart contract capabilities with Bitcoin's security, potentially resulting in deeper liquidity and more use cases for the largest asset base in the crypto industry. This integration coincides with a myriad of recent efforts aimed at enhancing Bitcoin's capabilities through features commonly associated with Ethereum.

coindesk.com · 2 min

TLDR Crypto

ULTIMATE GUIDE TO GETTING SOLANA ECOSYSTEM AIRDROPS

Between the JTO and PYTH airdrops, the Solana ecosystem has had some eye-popping opportunities lately. While these initial airdrops were mostly overlooked in the farming stage, many more Solana airdrops are anticipated to be on the horizon. To prepare you for these opportunities, this thread provides the ultimate guide for increasing your odds of an airdrop in the ecosystem. It walks through each protocol and provides a step-by-step guide of what to do to qualify for each opportunity.

twitter.com · 7 min

TLDR Crypto

ORDINALS 101: EVERYTHING YOU NEED TO KNOW

Earlier this year, Ordinals, essentially NFTs on Bitcoin, took the space by storm and has since maintained strong momentum. Ordinals, contrary to traditional NFTs which usually point to an IPFS link, are actually directly inscribed on satoshis, the smallest Bitcoin units. Each Satoshi is made unique through ordinals and given content through inscriptions. With this sudden popularity, the change has also sparked debates about what Bitcoin's function should be, with concerns around chain congestion emerging. However, miners haven’t been concerned with this, generating around $38.7M revenue in ordinal-related transactions in November.

twitter.com · 4 min

TLDR Crypto

NEW SIGNS OF LIFE FOR NFTS ON ETHEREUM & L2S

This post outlines a few of the green shoots the NFT space is seeing after a 90%+ decline in volume throughout the bear market. Growth in the creation and collection of NFTs is increasing across Ethereum and L2 solutions such as Zora, Base, and Optimism. There has been an increase in the number of unique addresses minting paid NFTs as of late. Infrastructure improvements have helped lower minting costs, making it easier and more affordable to create NFTs and opening up new use cases.

variant.mirror.xyz · 8 min

TLDR Crypto

LAYER 2S CURB ETHEREUM’S SUCCESS

Ethereum's L2 solutions, although seen as crucial to scaling the network, may only offer temporary relief rather than addressing core issues. While L2 solutions can increase speed, decrease costs, and widen demographic accessibility, their drawbacks could affect Ethereum's long-term growth. Among the potential issues are liquidity fragmentation, limited dapp composability, and security risks from centralization. Ethereum should strengthen its core infrastructure rather than relying heavily on intermediary scaling solutions.

cryptopragmatist.com · 6 min

TLDR IndexPage 5