TLDR Crypto

TLDR CRYPTO 2024-10-08

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01GENERAL

Sponsored

REDISCOVER WHAT THE ORIGINAL CHAIN CAN DO

BitcoinOS [4] is the smart contract operating system for Bitcoin, bringing infinite computation, programmable tokens, interoperable L2s, private transactions, and more to the strength and security of the Bitcoin mainnet... without ever needing to fork its code.

bitcoinos.buildSponsor

02MARKETS & BUSINESS

EUROPE NOT A TOP PRIORITY FOR SAM ALTMAN'S WORLDCOIN, EXEC SAYS

Worldcoin, co-founded by OpenAI's Sam Altman, is prioritizing expansion in the Asia-Pacific and Latin America regions, citing greater openness to emerging technologies compared to Europe. While facing regulatory challenges in Europe, particularly around data privacy, the company continues its efforts in the region but sees larger growth opportunities elsewhere.

cointelegraph.com2 min read

BANKRUPTCY JUDGE APPROVES FTX'S REORGANIZATION PLAN

A U.S. Bankruptcy Judge approved FTX's reorganization plan, allowing for the liquidation and partial repayment of crypto holdings to creditors. This is all occurring about two years after FTX's initial collapse and legal battles. Since the plan was approved, some creditors are unhappy as they will receive about 10-25% of the current value of their crypto holdings at the time of FTX's bankruptcy (based on crypto denomination).

cointelegraph.com2 min read

03INNOVATION & LAUNCHES

NANI: THE ONCHAIN AGENT OS

NANI is a new onchain agent OS for AI-based crypto automation. Its beta is live on Ethereum, Arbitrum, and Base, and enables natural language interactions for wallet management. Its features include text-to-transaction functionality, onchain data feeds, and gas abstraction.

threadreaderapp.com1 min read

STEEL 1.0: A PRODUCTION-READY SMART CONTRACT PROVER

RISC Zero has launched Steel, a smart contract prover that moves EVM app execution offchain while maintaining onchain security. It effectively bypasses gas limits through contract execution proofs, enabling boundless runtime and significant cost reductions. Steel allows EVM devs to optimize expensive onchain operations and build apps that were previously impossible due to gas constraints while preserving EVM compatibility and security.

threadreaderapp.com2 min read

04GUIDES & TUTORIALS

LIQUIDITY ASCENDS FROM THE EAST

This article explores the impact of a liquidity shift in global markets, particularly highlighting China's recent economic pivot marked by unprecedented government interventions to boost capital markets. It also discusses how these liquidity trends could influence both traditional and crypto markets, with a focus on macroeconomic cycles, easing policies, and shifting institutional behaviors.

x.com6 min read

WHAT IS ZK COMPRESSION ON SOLANA?

Zero-Knowledge (ZK) Compression is a technique that drastically reduces the size of data stored on a blockchain like Solana without losing any functionality. It works by creating small cryptographic representations (hashes) of data and using zero-knowledge proofs to verify ownership, allowing users to interact with the compressed data while saving storage space and costs.

threadreaderapp.com1 min read

05MISCELLANEOUS

GAMING TOKENS DILEMMA: DEX OR CEX?

Gaming token projects are grappling with choosing between DEX and CEX listings. While CEX requirements are increasingly demanding and expensive, they offer guaranteed FDV and increased liquidity. DEX-centric approaches and higher community allocation aim to better support user demand and maintain their identity as gaming tokens instead of vehicles for speculation. This debate captures the larger issue between the accessibility of liquidity from CEXes and the higher degree of freedom of DEXes.

x.com4 min read

WHY MEMECOINS ARE (STILL) THE NEXT 100X OPPORTUNITY IN CRYPTO

A basket of curated memecoins driven by a “memecoin supercycle” fueled by macro conditions, financial nihilism, and cultural shifts could outperform most crypto investments in 2025. This post outlines strategies for picking potentially successful memecoins, emphasizing strong emotion resonance, wide distribution, and proven resilience. While there are risks, like macro changes and black swan events, memecoins have clear product-market fit.

x.com11 min read