The Daily Index — Tuesday, May 13, 2025 · TLDR Index

MARKETS & BUSINESS

TLDR Crypto

TLDR Crypto

SEC CHAIR PAUL ATKINS UNVEILS HIS VISION FOR CRYPTO REGULATION

SEC Chair Paul Atkins has announced a shift in the agency's crypto regulatory approach, outlining a more constructive, rules-based framework to foster innovation. Criticizing the prior administration's resistance to adapting to digital assets, Atkins plans to modernize custody rules and introduce regulatory flexibility for emerging crypto products.

links.tldrnewsletter.com · 3 min

TLDR Crypto

ACROSS PRIME

Across Prime introduces a trustless “bonded” relay model that replaces traditional escrow, enabling bridge operators to receive payments instantly using reusable collateral. By decoupling relay collateral from slow-settlement oracles, it reduces bridging to just two transactions while supporting high-throughput transfers. The system remains compatible with ERC-7683 intents and allows for extensions like arbitrary bond collateral and multi-destination routes, defaulting to escrow only when bonds are insufficient.

threadreaderapp.com · 20 min

TLDR Crypto

PUMP.FUN LAUNCHES CREATOR REVENUE SHARING

Pump.fun now shares 50% of PumpSwap trading revenue with coin creators, granting them 5 basis points (0.05%) in SOL per trade on their tokens. Eligible creators – including those with newly launched coins, coins still on the bonding curve, or those graduated to PumpSwap – can now claim on-chain rewards directly through their profile.

threadreaderapp.com · 1 min

TLDR Crypto

COINBASE CRYPTO ANALYST CALL

Coinbase anticipates decentralized exchanges will eventually surpass centralized ones in volume. To capture this shift, it is integrating on-chain settlement through the Coinbase Wallet frontend. Executives view TradFi players like Stripe and Robinhood as market-expanding tailwinds rather than threats. Strategic efforts include acquiring Deribit and Spindl, pursuing approval for U.S. perpetual futures, and securing licenses in Argentina and India. Venture holdings, carried at cost, offer asymmetric upside potential if crypto adoption outpaces expectations.

x.com · 4 min

TLDR Crypto

WHY FORTNITE NEVER CAME TO CRYPTO

Fortnite's 650 million users and $400 million creator economy appear ideal for NFTs, but Epic CEO Tim Sweeney prioritizes interoperability via APIs and open standards over blockchain-based ownership. While Epic is opening Fortnite assets to external games, challenges like royalties, IP rights, and platform moderation hinder cross-platform compatibility. Without NFTs that provide neutral ownership and programmable royalties, users remain under centralized control.

links.tldrnewsletter.com · 4 min

TLDR Crypto

PECTRA LETS HACKERS DRAIN WALLETS WITH JUST AN OFFCHAIN SIGNATURE

Ethereum developers are investigating an exploit vector introduced by the Pectra upgrade that allows wallets to be drained via malicious off-chain signatures. Users can unknowingly sign payloads later executed via permissive approvals. Core teams are now focused on improving signature UX and educating users on the risks of off-chain signing.

links.tldrnewsletter.com · 4 min

TLDR Crypto

MOUNTAIN PROTOCOL TO BE ACQUIRED BY ANCHORAGE DIGITAL

Mountain Protocol, issuer of the USDM stablecoin, has signed an agreement to be acquired by Anchorage Digital, the only federally chartered crypto bank in the U.S. As part of the transition, the minting of USDM was halted yesterday. Existing users will continue to be supported. The acquisition aims to strengthen institutional stablecoin infrastructure.

medium.com · 3 min

TLDR Crypto

BUNDLEBEAR: EIP-7702 METRICS

This dashboard tracks adoption of EIP-7702 smart accounts across EVM-based chains.

threadreaderapp.com · 3 min

TLDR Crypto

LIDO DAO INITIATES EMERGENCY VOTE TO SWAP COMPROMISED ORACLE

Lido DAO has launched a governance vote to replace a validator operator after its oracle node was compromised in a targeted attack.

cointelegraph.com · 3 min

TLDR Crypto

STRATEGY STACKS ANOTHER 13,390 BITCOIN

Strategy has acquired another 13,390 BTC for $1.34 billion at an average price of $99,856, bringing its total holdings to 568,840 BTC (over 2.7% of Bitcoin's total supply).

links.tldrnewsletter.com · 3 min

TLDR Crypto

COINBASE ENABLES $168M IN USDC BORROWS AGAINST $385M BTC COLLATERAL

Through its integration with Morpho, Coinbase has facilitated $168 million in USDC loans backed by $385 million in BTC collateral as of May 5.

threadreaderapp.com · 2 min