Stripe's acquisition of Bridge allows it to tap into the $120 trillion B2B payment market, leveraging stablecoin infrastructure to bypass traditional banking fees and delays. By integrating Bridge's technology, Stripe can reduce transaction costs, enhance speed, and expand its payment offerings — potentially challenging banks' dominance in large-scale business transactions.
The Department of Justice is probing Tether for violating sanctions and anti-money laundering rules. The news plunged the market by around 2%, though Tether CTO Paolo Ardoino said there is no indication Tether is under investigation.
Coinbase's Developer Platform (CDP) has announced the Based Agent: a framework to create autonomous onchain agents with full access to any onchain interaction. With OpenAI's GPT-4o model, users can have a fully functional agent that can work in chat or autonomous mode in less than three minutes. Users can easily add any functionality to the Python-based bot, including posting its thoughts on Twitter.
LRT2 is a tokenized staking emissions product. When AVS' go live, restakers will receive tokens in various cryptos, typically in small amounts. LRT2 wraps all these tokens into a single token, facilitating greater value alignment and easier access for holders. With all underlying assets staked, the token will become interest-bearing.
Ethereum's Verge portion of the roadmap aims to drastically reduce node operation requirements, enabling full verification on lightweight devices like mobile phones and smartwatches. It accomplishes this optimization through stateless verification and validity proofs. Key decisions remain, like how to consider quantum resistance versus performance. In this post, Vitalik Buterins outlines plans for implementing validity proofs for EVM execution and consensus and making a much more cryptographically robust protocol.
Web3 foundations were set up to handle token issuance offshore to legally and financially separate token operations from the development company to minimize founder liability and avoid regulatory constraints in places like the U.S. or Singapore. Two main structures exist — the Panama Private Interest Foundation and Cayman Foundation Company — each designed to obscure or eliminate the founders as ultimate beneficial owners (UBOs), thus preventing direct tax and legal implications. However, this requires careful setup to avoid pitfalls, with independent governance often achievable only in the costlier Cayman model.
ZachXBT is an anonymous crypto investigator who traced a massive $243 million Bitcoin theft from a single victim, leading to the arrests of two suspects. Known for his relentless blockchain sleuthing, ZachXBT has disrupted countless crypto scams, often racing against traditional law enforcement and aiding in criminal investigations, all while staying anonymous to avoid retaliation.
Sumit Gupta, co-founder of CoinDCX, advocates for the coexistence of CBDCs and cryptocurrencies in India, suggesting they serve complementary roles: CBDCs provide centralized financial control and policy implementation, while cryptocurrencies support self-sovereignty and decentralized finance. Gupta says that balanced regulation and tax relief are crucial to foster India's Web3 innovation and that CBDCs will not undermine personal financial autonomy.
A hacker who stole around $20 million from a U.S. government-controlled crypto wallet holding seized funds from the 2016 Bitfinex hack returned most of the funds — $19.3 million — within a day.
This tweet explains many popular projects on Solana in one sentence.
Base led all blockchains in daily stablecoin transfer volume for the first time on October 26, processing over $18.1 billion — primarily in USDC — and capturing more than 30% of the day's total stablecoin transactions.
Virtual Protocol allows users to create and deploy their own AI agents, each with its own token, in just minutes.
Polymarket CEO Shayne Coplan positions Polymarket as a tool for market-based forecasting rather than political betting.
2024.10.28·links.tldrnewsletter.com·3 min read·TLDR Crypto Slack created dedicated design engineering roles focused on prototyping, tooling, and consulting to bridge design and engineering and improve product quality. A “Champions” program let engineers engage in design projects, which formalized the design engineering discipline. The goal was to boost innovation and collaboration, enhancing product development and user experience at Slack.
Ideogram Canvas is an interactive workspace for comparing, editing, and combining AI-generated images. Its new features, Magic Fill and Extend, allow precise edits and image expansions. Ideogram offers subscription plans with tiered access, with the paid options granting unlimited canvases and advanced tools. The company is seeking to expand its team.
2024.10.28·links.tldrnewsletter.com·4 min read·TLDR Design Figma introduced AI-powered search to help designers find work faster, addressing time lost searching for designs. New features like visual search (using images or sketches) and semantic search (understanding query context) were developed through testing and user feedback. By integrating AI into designer workflows, Figma aims to streamline tasks and enhance the creative process.
The "don't make me think" philosophy, popularized by Steve Krug's book, emphasizes simplicity in UX design. However, thoughtful user engagement is now recognized as essential, especially for complex choices like real estate or financial decisions. Offering relevant, customizable options fosters trust and improves user experience, moving beyond overly simplistic, one-size-fits-all designs.
2024.10.28·links.tldrnewsletter.com·7 min read·TLDR Design Gambling can be addictive due to dopamine release, even when losing. Sports betting apps like PrizePicks and DraftKings use deceptive UX to encourage more gambling, framing themselves as "daily fantasy" in restricted states. Apps often require riskier bets, hide payout details until submission, and use promo code restrictions. Companies like Flutter track user behavior to send tailored incentives that may exploit addiction.
2024.10.28·links.tldrnewsletter.com·9 min read·TLDR Design Figma helped transform the National Park Service's (NPS) iconic Unigrid brochures into a unified app for 431 parks, improving accessibility, wayfinding, and user experience. Designed by GuideOne and Twohy Design Works, the app features interactive maps, offline access, augmented reality (AR), and real-time alerts. Prototyping in Figma streamlined development, enhancing collaboration and creating a stronger connection between park visitors and staff.
2024.10.28·links.tldrnewsletter.com·4 min read·TLDR Design Test and preview fonts in real-time using various UI compositions.
Delle helps you create studio-grade fashion images in every size, saving you from costly photo shoots and production delays.
This post shares Meghan Logan's top tips for excelling in design interviews. With insights from Meta, Airbnb, and Mixpanel leaders, it covers preparation, storytelling, and teamwork. Logan's advice emphasizes the importance of presenting case studies, aligning with company goals, and demonstrating collaboration and critical thinking to stand out.
Effective feedback can transform design work, but designers must lead feedback sessions to make them constructive. This post describes three damaging feedback types: bloodbath, water torture, and dog-and-pony show. Feedback should explore alternatives, clarify intentions, and promote growth. Leadership sets the tone for a positive critique culture.
2024.10.28·whydesignishard.substack.com·6 min read·TLDR Design Channel 4's new horror series, Generation Z, features Boomer zombies in a twisted intergenerational apocalypse. The campaign, "Generation Z: You're on the Menu," includes a trailer, interactive billboard, influencer stunts, and social content aiming to introduce the unique zombie theme in a playful, memorable way. The series premieres Sunday on Channel 4, with early streaming for Channel 4+ subscribers.
Adobe, which is fully integrating generative AI tools into its products, says that artists who resist this type of technology may struggle to succeed in the evolving creative landscape.
Picsart, previously a casual design app, has partnered with Monotype to add 2,000 curated fonts.
Kelli Anderson's 'Alphabet in Motion' is an interactive pop-up book that explores the evolution of typography through kinetic letters, hands-on activities, and historical essays.
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The growing disconnect between general partners and founders is reshaping venture capital dynamics. With fund sizes expanding, many firms now prioritize management fees over profit-sharing incentives, leading to rapid capital deployment and less involvement with portfolio companies. Founders should assess if their VCs prioritize “2% or 20%” motives, focusing on whether the partnership aligns with growth or fund management.
2024.10.28·cloudedjudgement.substack.com·5 min read·TLDR Founders Two new fund announcements reveal contrasting strategies in venture capital. General Catalyst's $8B raise embodies the “capital agglomerator” approach, leveraging vast resources across sectors, while Chemistry Fund's $350M strategy embraces boutique investing, emphasizing close founder partnerships. This juxtaposition highlights the importance for founders to align with a fund's philosophy — whether they need broad support from larger firms or focused commitment from a specialized partner.
2024.10.28·investing1012dot0.substack.com·4 min read·TLDR Founders Zuora's $1.7B acquisition by Silver Lake offers mixed results for investors, as IPO investors lost nearly 30% over six years due to dilution. Despite low valuations, Zuora has characteristics PE firms find attractive, including a manageable revenue multiple and signs of improved free cash flow. Silver Lake's success depends on reducing complexity in Zuora's implementation-heavy product and drastically cutting stock-based compensation.
Ramping up new Account Executives (AEs) can be challenging, especially during the discovery call phase. Setting a clear agenda, engaging each participant, and sending fast follow-ups are key steps to building a productive dialogue. Documenting and coaching based on these principles helps AEs understand buyer personas and maintain a structured cadence. Role-playing and real-time feedback also enable new AEs to master essential sales skills.
A top-down SEO growth model helps secure internal support by projecting future traffic, conversions, and revenue generated through SEO efforts. Start by estimating incremental traffic from direct competitors (high-intent) and indirect competitors (lower-intent), applying relevance discounts to ensure accuracy. Convert projected traffic into conversions, using historical rates for high- and low-intent traffic, and finally, calculate revenue by applying customer lifetime value (LTV). This model provides a clear, data-driven roadmap, highlighting the tangible impact of SEO investment for key stakeholders.
Raising capital isn't about the sprint. It's a year-long strategy of building relationships, nurturing trust, and creating momentum well before you're in urgent need. This 12-month roadmap lays out each phase, from early connections and consistent updates to perfecting your pitch and securing those essential investor intros. Following this plan helps founders avoid last-minute scrambles and secure capital with confidence, positioning them strongly in the fundraising process.
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An AI co-pilot that keeps you focused, helps you avoid procrastination, and teaches you to build better habits.
This reflection examines why companies, like Google, struggle to maintain their ideals as they grow. Initially, Google's “Don't be evil” mantra seemed achievable due to its financial success, which allowed it to avoid certain compromises. However, many companies, driven by survival rather than profit, are forced to adopt practices that challenge their principles. As ambitions rise — especially in sectors like AI — the tension between ideals and market pressures intensifies. Lofty goals are admirable, but most companies must navigate compromises to thrive in competitive markets.
Craft is now a focal point in software design, encompassing high standards for quality, technique, and meticulous attention to detail. This standard in design impacts three critical areas: culture, artifacts, and trust. A culture of craft elevates standards and influences team behavior.
The M&A market is accelerating, with a strong recovery noted across the first three quarters of 2024. Global deal value surged by 27.6%, while deal count saw a 13.3% uptick compared to last year. Private equity is also back in action, capturing a 41.2% share of M&A deal value YTD, reflecting a resurgence driven by increased lending from major banks.
Four-year vesting schedules may be outdated for today's founders.
This breakdown of nine essential growth frameworks reveals strategies that supercharge scaling efforts.
For high-income earners, the illusion of stability can shatter unexpectedly.
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Are IoT devices putting your organization at risk? Over 90% of ransomware attacks start with an attacker gaining access through unmanaged devices in the network.
Fortinet has announced a new critical 9.8 severity CVE in the FortiManager API that allows for stealing credentials, sensitive files, and IP addresses. The vulnerability lies in an authentication bypass in the FortiManager FGFM API. Fortinet has confirmed that the vulnerability is being actively exploited and has provided updated versions, mitigations, and IoCs.