TLDR Crypto

TLDR CRYPTO 2024-09-20

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01GENERAL

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02MARKETS & BUSINESS

TEXAS COURT DISMISSES CONSENSYS LAWSUIT AGAINST SEC

The lawsuit from blockchain infrastructure company Consensys against the SEC has been dismissed. It was filed in April, with Consensys accusing the SEC of opening an investigation into Ethereum and issuing Consensys a Wells' Notice over MetaMask's Swap feature. The SEC's investigation into Ethereum was dismissed as moot - the SEC previously announced this summer it had dropped any investigation into the asset.

links.tldrnewsletter.com1 min read

03INNOVATION & LAUNCHES

SOLANA PHONE 2, “SOLANA SEEKER,” ANNOUNCED

The next version of the Solana phone, the Solana Seeker, has been announced. It improves upon the previous model with a better camera, longer battery, cheaper price, and secure Seed Vault for private keys. The phone comes with a soulbound token offering benefits like free Helium internet access for four months and has integrations with AI agents. It costs $450 and is available for preorders.

threadreaderapp.com2 min read

HYPERLANE LAUNCHES ON SOLANA AND ECLIPSE

Hyperlane has expanded to the Solana and Eclipse blockchains, improving cross-VM interoperability within the Solana Virtual Machine ecosystem. This includes live routes for token transfers between Solana, Eclipse, and Ethereum, positioning Hyperlane to facilitate the growth of multi-chain applications.

links.tldrnewsletter.com3 min read

04GUIDES & TUTORIALS

WHAT CREDIT CARD NETWORKS CAN TEACH US ABOUT STABLECOIN OPPORTUNITIES

Just like how each stablecoin has unique characteristics based on its issuer, credit cards use dollars that are almost identical, but are different based on their network and issuing bank. Stablecoin payment flows will likely involve an orchestration service that transfers buyers' stablecoins to sellers' preferred assets, providing significant benefits in cross-border transactions thanks to lower fees and instant settlement.

blog.variant.fund6 min read

GETTING A JOB IN CRYPTO/WEB3

This post shares advice on landing a crypto job through building a personal portfolio around your interests — whether it's creating tools, analytics dashboards, or an online presence — and being proactive about seeking opportunities. It emphasizes the importance of networking, showcasing your skills publicly, and maintaining a good reputation while offering resources and tips for both technical and non-technical roles in the crypto space.

threadreaderapp.com3 min read

05MISCELLANEOUS

ZACHXBT INVESTIGATES A $243M BITCOIN THEFT

This post details an investigation into two individuals, Box (Jeandiel Serrano) and Greavys (Malone Iam), who allegedly stole millions and used the funds for luxury lifestyles, including purchasing cars and designer goods. With the help of Binance and other investigators, over $9M was frozen and both suspects were arrested, with further developments expected as the legal case unfolds.

threadreaderapp.com2 min read

BUILDING WITH SYMBIOTIC: FAST FINALITY

Symbiotic introduces a modular approach to achieving fast finality in blockchains, which can accelerate cross-chain communication and shared sequencing. It uses operator commitments from restaking alongside fraud proofs to enhance trust. As a modular solution, it can be integrated with various chains without modifications, offering improved speed and reliability for interchain transactions. Other potential modules could support MEV and censorship-resistance.

blog.symbiotic.fi6 min read