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Affordable housing has never been higher in demand. Can the solution be radically simpler supply? Boxabl is mass-producing and shipping large, durable, affordable houses — and they're fundraising [4] to scale up their operations.
Decentralized exchanges (DEXs) are losing market share to centralized exchanges (CEXs) in the futures market. DEX market share has dropped from 5.18% to 3.26% of trading volume since February. This is because of challenges like having lower liquidity and less user-friendly interfaces causing traders to shift back to centralized platforms.
The CFTC is appealing a court ruling that allowed prediction market Kalshi to offer election betting contracts, arguing that the district court misinterpreted legal terms and that these contracts may harm election integrity. Despite the CFTC's objections and ongoing efforts to ban political event betting, Kalshi has launched bets on who will win the U.S. presidential election.
EthOS' first phone model, the dGEN1, is now available for preorder with a release in Spring 2025. The phone is about half the size of a typical iPhone. It has a second touchscreen for notifications and transaction metadata, a 3x3 LED grid for notifications and flair, and a laser. EthOS provides a light client, system-level wallet, and onchain-native browser.
Superlane, a collaboration between the Velodrome DEX and Hyperlane interoperability protocol, brings interchain apps, shared liquidity, and interchain governance to OP Stack L2s. It introduces features proposed in Optimism's recent Superchain Interoperability initiative several months before its release, with a path to upgrade once the official approach arrives. Since Hyperlane allows for permissionless integrations, any OP Stack L2 can join the Superlane. Velodrome will start by making XVELO a Superchain ERC20.
In his second post outlining Ethereum's roadmap, Vitalik Buterin focuses on how Ethereum will scale to 100,000 TPS following a rollup-centric approach. The project's primary goals are to maintain the L1's decentralization and robustness, have some L2s fully inherit Ethereum's properties, and provide maximum interoperability between rollups for a seamless experience. Buterin dives into several approaches: data compression, better L2 proof systems, L2 interoperability improvements, and L1 scaling.
An analysis of top VC crypto wallets revealed common long-term holdings in DeFi tokens, ETH, and stablecoins. While VC investments have dropped since 2021-2022, Q2 2024 saw a 28% QoQ increase to $3.19 billion, with investors focusing on AI, infrastructure, and memecoins. VCs employ diverse strategies, including stable arbitrage, to investments in emerging sectors.
DeFi Pioneer and Sonic Labs (formerly Fantom) founder Andre Cronje believes that independent appchains suffer from high infrastructure costs, fragmented liquidity, and a lack of developer support. Opponents of this view say rollup-as-a-service providers make support easier and solutions like AggLayer promote liquidity interoperability. Builders that agree with Cronje cite the lack of network effects on appchains and competition between builders.
Identity project Worldcoin has rebranded to ‘World' and introduced a new set of features. The company announced a more powerful Orb to verify user identities and an alternate verification form using government-issued passports. It claims that World ID Deep Face has solved deepfakes and can be used on any video.
Polymarket has flipped the New York Times to become the highest-ranked “Magazines & Newspapers” app in the U.S. App Store.
Protocols like Uniswap, Aave, and Optimism are becoming more than simple primitives for onchain actions.
Venmo's 60M U.S. users can now buy crypto directly with their Venmo balance through a new integration with MoonPay.