The Daily Index — Thursday, April 18, 2024 · TLDR Index

MARKETS & BUSINESS

TLDR Crypto

TLDR Crypto

BLACKROCK'S “WHAT IS BITCOIN” VIDEO

BlackRock recently released a video about its Bitcoin ETFs, calling Bitcoin “the most widely adopted digital asset in the world.” The asset management firm's US Head of Thematics and Alternative ETFs, Jay Jacobs, noted the cryptocurrency's immense status and promise in a video published this week.

bit.ly · 2 min

TLDR Crypto

KRAKEN LAUNCHES SELF-CUSTODIAL WALLET

Kraken has launched a self-custodial wallet, allowing users to manage NFTs and tokens and conduct DeFi transactions across 8 blockchain networks. The Kraken team published the app's open-source code on GitHub for enhanced security through third-party review. The wallet is considered a hot wallet due to current iOS limitations. Kraken is committed to security and transparency.

theblock.co · 2 min

TLDR Crypto

WORLDCOIN TO LAUNCH LAYER 2

Worldcoin is set to launch its own Ethereum Layer 2 blockchain, "World Chain", to improve its ability to onboard new users. The Layer 2 is designed to prioritize human-verified users, with benefits like priority block space and free gas. World Chain is expected to be released this Summer.

bit.ly · 2 min

TLDR Crypto

WHAT ARE RUNES? A GUIDE TO THE NEW FUNGIBLE TOKEN PROTOCOL ON BITCOIN

The Runes protocol, set to launch in April 2024, is a new fungible token standard on Bitcoin that aims to improve upon the shortcomings of its predecessor, BRC-20. By integrating with Bitcoin's existing UTXO model and utilizing OP_RETURN for data storage, Runes minimizes on-chain footprint and network congestion while offering a more user-friendly and accessible token creation process.

unchainedcrypto.com · 5 min

TLDR Crypto

2024: THE YEAR OF CRYPTO'S MODULAR EXPANSION

Modularity breaks up blockchain functionality into three parts — data availability and consensus, settlement, and execution — each of which gets its own chain or environment. Prominent projects exist in each sector, along with interoperability to unite liquidity, with the goal of integrating together to make something greater than the sum of their parts. The commoditization of block space and execution will enable applications to operate at much larger scales with grander visions.

bit.ly · 8 min

TLDR Crypto

FARAWAY ACQUIRES SOME YUGA LABS IP

Faraway, a gaming studio, has acquired the Legends Of The Mara and HV-MTL brands from Yuga Labs. It plans to integrate them into Faraway gaming products while maintaining close ties to Yuga and Otherside. Spencer Tucker, Yuga's Chief Gaming Officer, will move to Faraway as Chief Product Officer to ensure a seamless transition.

bit.ly · 8 min

TLDR Crypto

PRIVACY BY DEFAULT ON L1S?

Legendary cryptographer Wei Dai weighs in on the pros and cons of whether a base layer like Ethereum should offer privacy by default. On one hand, it is technically feasible for privacy to be implemented, and having it as the default option makes it much more normalized, especially for users from traditional finance. On the other hand, this would be incredibly complex to implement, remove some level of neutrality, and not align with the rollup-centric roadmap's idea of end users never interacting with the base chain. Dai leans towards a transparent base layer with L2s and apps leading the experimentation with privacy based on their goals.

bit.ly · 2 min

TLDR Crypto

VENOM BLOCKCHAIN – A THREADED VIRTUAL MACHINE

Venom is a Threaded Virtual Machine (TVM) with features like account abstraction and dynamic sharding to improve transaction speed and reliability.

bit.ly · 4 min

TLDR Crypto

RAGNAROK ONLINE COMING TO RONIN BLOCKCHAIN

The game integrates tower defense and monster collection gameplay and is a collaboration between Gravity and Ronin's developer Sky Mavis.

decrypt.co · 8 min

TLDR Crypto

“X TO EARN”

Crypto adoption will shift from buying tokens to stake and trade to earning them through new user experiences like gaming.

bit.ly · 1 min

TLDR Crypto

HOW TO RESEARCH A TOKEN USING ONCHAIN DATA

Nansen explains how to use its onchain data to analyze tokens, using PENDLE as an example.

bit.ly · 2 min