The Daily Index — Thursday, March 13, 2025

MARKETS & BUSINESS

TLDR Crypto

RUSSIA CENTRAL BANK PROPOSES ALLOWING RICH INVESTORS TO BUY AND SELL CRYPTO

Russia's central bank has proposed new regulations allowing high net-worth individuals (>$11.5M assets) and qualified institutions to trade crypto during a three-year testing period. Aiming to increase market transparency while maintaining a ban on crypto as a general payment method, this marks another step in Russia's evolving stance on digital assets following its legalization of crypto for international payments and mining amid ongoing sanctions.

decrypt.co · 2 min

TLDR Crypto

INTRODUCING GIZA PROTOCOL

Giza Protocol is building infrastructure to enable trustless, context-aware, and permissionless agents in Web3 powered by a three-layer infrastructure—Semantic Abstraction for AI-blockchain interaction, Decentralized Execution with EigenLayer's cryptoeconomic security, and Agent Authorization for non-custodial control. Giza aims to democratize algorithmic finance and enhance capital efficiency across protocols.

threadreaderapp.com · 11 min

TLDR Crypto

BULLET TESTNET IS LIVE

Bullet is a high-speed trading network built on Solana designed for traders who need ultra-low latency (2ms) and high performance. It outperforms both centralized and decentralized exchanges. Evolving from Zeta, it introduces a dedicated execution layer with real-time transactions, zero-knowledge proofs for transparency, and a network token for gas and node operations.

threadreaderapp.com · 2 min

TLDR Crypto

HOW TO GET NEW USERS IN CRYPTO

Acquiring new users in crypto is increasingly challenging due to market saturation with over 8,700 L1s and 5,200 L2s, fragmented global audiences, trust issues stemming from premature technology, and 415 Bitcoin “death” headlines, as evidenced by declining Google search trends for “crypto.” Developers are overcoming these barriers through personalized onboarding, coordinated marketing across stakeholders, consistent messaging, and storytelling to engage users, helping founders cut through attention fragmentation.

links.tldrnewsletter.com · 9 min

TLDR Crypto

WHAT WILDCATFI COULD LEAD TO

WildcatFi addresses undercollateralized lending risks in DeFi by emphasizing transparency, requiring borrower financial disclosures, and implementing safeguards against manipulation while exploring collateral options to mitigate defaults. The protocol aims to enable on-chain debt financing for crypto businesses, arguing that improved data visibility and tailored terms can align risk-reward dynamics despite inherent credit challenges.

threadreaderapp.com · 8 min

TLDR Crypto

ONE TRADER VS. HYPERLIQUID'S HLP VAULT

A trader used high leverage to build a massive ETH long position on Hyperliquid, then strategically withdrew collateral to trigger liquidation, offloading risk onto the HLP vault while hedging elsewhere for profit. The result: a $1.8M gain for the trader and a $4M loss for HLP, exposing vulnerabilities in liquidity mechanics rather than an outright exploit.

threadreaderapp.com · 2 min

TLDR Crypto

MAKE REVENUE GREAT AGAIN

Amid declining liquidity and valuation pressures in Web3, revenue is re-emerging as a critical focus, pushing projects to adopt transactional fee models over speculative token launches. Industry leaders like Uniswap sustain consistent fees, while infrastructure providers like Polymarket and MetaMask generate significant revenue from transaction volumes, with some, like Ronin and Kaito, experimenting with token buybacks to tie value to cash flow.

links.tldrnewsletter.com · 8 min

TLDR Crypto

TREZOR SAFE 3 SUSCEPTIBLE TO PHYSICAL SUPPLY CHAIN ATTACKS

Ledger Donjon's security research revealed a potential supply chain attack on Trezor Safe 3 where an attacker could tamper with its microcontroller to compromise user funds, despite the device using a Secure Element. Trezor responded by addressing the vulnerabilities, highlighting the importance of cross-industry cooperation and continuous security improvements in the crypto space.

threadreaderapp.com · 2 min

TLDR Crypto

UNISWAP V3 USER GETS SANDWICH ATTACKED

A user on Uniswap v3 lost $216k to a sandwich attack when swapping $221k USDC for USDT, demonstrating significant MEV risks in DeFi transactions.

threadreaderapp.com · 1 min

TLDR Crypto

US INFLATION DATA BEATS EXPECTATIONS

US inflation came in lower than expected, with the Consumer Price Index (CPI) rising 2.8% YoY vs the estimated 2.9%, and Core CPI at 3.1%, slightly below the expected 3.2%.

threadreaderapp.com · 1 min

TLDR Crypto

THE HOUSE JUST OVERTURNED THE BIDEN ADMINISTRATION'S DEFI BROKER RULE

The House voted 292-131 to overturn the Biden administration's DeFi broker rule, which would have imposed KYC on non-custodial software providers.

threadreaderapp.com · 1 min

TLDR Crypto

INTERNET FINANCE BEGINS WITH UNDERSERVED MARKETS

Summary unavailable

links.tldrnewsletter.com · 6 min

TLDR Crypto

OKX COULD LOSE MICA LICENSE AS EU PROBES USE OF ITS WEB3 TOOLS TO LAUNDER BYBIT HACK FUNDS

European regulators are investigating OKX's Web3 platform for allegedly laundering $100M of the $1.5B stolen in the February Bybit hack (attributed to North Korea's Lazarus Group), raising questions about its compliance with the EU's MiCA framework.

links.tldrnewsletter.com · 3 min