TLDR Crypto

TLDR CRYPTO 2025-05-13

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01MARKETS & BUSINESS

JD VANCE TO SPEAK AT BITCOIN 2025

Vice President JD Vance will become the first sitting U.S. vice president to publicly endorse Bitcoin when he delivers a keynote at Bitcoin 2025 on May 28 in Las Vegas. His address will build on prior Senate advocacy against regulatory overreach and in favor of financial sovereignty. Vance's personal Bitcoin holdings, estimated between $250,000 and $500,000, add weight to his remarks on innovation and the future of American finance.

bitcoinmagazine.com3 min read

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.com3 min read

02INNOVATION & LAUNCHES

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.com20 min read

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.com1 min read

03GUIDES & TUTORIALS

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.com4 min read

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.com4 min read

04MISCELLANEOUS

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.com4 min read

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.com3 min read