TLDR Crypto

TLDR CRYPTO 2024-09-04

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01GENERAL

Sponsored

AND GLOBAL WEB3 LEADERS FOR MERIDIAN 2024

You might have missed out on Oasis tickets, but you can still grab a seat at Meridian [4]. The Stellar Development Foundation's annual London conference [4] is a must-attend for anyone in the blockchain space.

meridian.stellar.orgSponsor

meridian.stellar.org

02MARKETS & BUSINESS

SEC COMMISSIONER MARK UYEDA CALLS FOR S-1 FORM TAILORED FOR DIGITAL ASSETS

At Korea Blockchain Week, SEC Commissioner Mark Uyeda said the SEC should create an S-1 security registration form specifically for digital assets. He hopes the regulator can work with crypto companies to find the proper way to handle registrations. Uyeda is one of the few crypto-friendly members of the SEC.

coindesk.com1 min read

FBI WARNS OF NORTH KOREAN HACKERS TARGETING U.S. BITCOIN AND CRYPTO ETFS

The FBI issued a Public Service Announcement warning that North Korean hackers are attempting to steal funds from US crypto ETFs. Over the past several months, hackers have used advanced social engineering techniques on employees within the crypto industry to attempt to access company crypto. Their tactics include personalized scenarios, impersonating trusted contacts, and faking job offers.

links.tldrnewsletter.com1 min read

03INNOVATION & LAUNCHES

ARBITRUM STYLUS: LIVE ON MAINNET

Arbitrum Stylus, which allows for deploying smart contracts written in WebAssembly (WASM)-supported languages on Arbitrum's L2s, is now live on the mainnet. This marks the first time an EVM-compatible chain also supports popular languages like C, C++, and Rust, attracting tens of millions of potential developers. Since WASM programs are more efficient, they allow for more complex cryptographic tasks.

blog.arbitrum.io5 min read

THE BLOOMBERG TERMINAL HAS NOW INTEGRATED POLYMARKET

Polymarket has been integrated into Bloomberg Terminal, marking a shift toward mainstream use of predictive markets. This development reflects a growing reliance on Polymarket forecasts for understanding global events, as its data is now featured in Bloomberg's election tools.

threadreaderapp.com1 min read

04GUIDES & TUTORIALS

ETHERVISTA DEEP DIVE

Ethervista, a new Ethereum-based DeFi project, is gaining attention for its innovative fee and liquidity mechanism. It offers a fair launch with a deflationary token model and potential future features like lending and flash loans. While it's early, the project targets a gap in Ethereum's DeFi space, appealing to users frustrated by the lack of new developments. Caution is advised with liquidity unlocking soon, which may cause price fluctuations.

threadreaderapp.com5 min read

LIQUIDATIONS 101: UNDERSTANDING CAPITAL LOSS AND PENALTIES IN DEFI LENDING MARKETS

This article compares liquidation processes in traditional DeFi lending markets with Fluid's approach. In markets like Aave, liquidations can result in users losing 50-100% of their collateral. In contrast, Fluid minimizes user losses by incrementally liquidating only as needed to bring a position below the liquidation threshold and applying a much smaller penalty.

x.com3 min read

05MISCELLANEOUS

INSIDE THE TRUMP CRYPTO PROJECT LINKED TO A $2M DEFI HACK AND FORMER PICK-UP ARTIST

World Liberty Financial, a crypto project tied to Donald Trump and his sons, has raised concerns due to its team's past association with Dough Finance, a DeFi platform that was hacked for $2 million. The project's white paper outlines plans for a decentralized borrowing and lending service, with a governance token, WLFI. Several team members, including former pick-up artist Zack Folkman, have controversial backgrounds, raising questions about the project's legitimacy and long-term prospects.

threadreaderapp.com7 min read

WEB3: THE HOUSEHOLD NAME IN THE MAKING

Binance Research finds that Web3 lags significantly behind Web2 in user adoption and retention. The two main challenges are excessive speculation and an overemphasis on infrastructure at the expense of consumer-facing products. Mainstream adoption requires dapps with real utility, expanded distribution channels utilizing Web2 ecosystems, and improved mobile accessibility.

threadreaderapp.com40 min read