The Commodity Futures Trading Commission is investigating trading firm Jump's involvement in the crypto industry. Jump Crypto is one of the most active market makers and investors. It has helped develop Wormhole, Pyth, and Solana's Firedancer client. Jump's controversies include Wormhole's $325 million hack, being a market maker for FTX, and being accused by the SEC of propping up Terra's stablecoin peg.
ENS has a 5-phase plan to transition to an L2 and complete its v2 roadmap. Phases 1 and 2 will introduce standards for an interface and decide which L2 framework to use. Phases 3 and 4 will deploy the L2, initial contracts, and migrate to the new system. Phase 5 will re-open registrations and continue ENS where it left off.
The Tally Protocol introduces an innovative liquidity layer for governance tokens, enabling staking, restaking, and optimized voting power distribution to enhance economic security for blockchain protocols. It aims to improve DAO security and governance efficiency by providing Tally Liquid Staked Tokens (tLSTs) and incentivizing active governance.
Some projects are pivoting and rebranding, like IOTA becoming an RWA L2 and the upcoming ASI token merger between Fetch, Ocean, and SingularityNet. Point farming gamification, as popularized by Sanctum, has created greater community engagement. Consultants like Gauntlet and other “McKinseys of DeFi” manage user assets and risk on platforms like Morpho. Onboarding is finally becoming Web2-like thanks to Coinbase Smart Wallet and other services.
The top five rollups are all general-purpose EVMs with DA on Ethereum blobs, a centralized sequencer, and canonical state determined by an Ethereum L1 contract. Based rollups inherit more security by having L1 validators post state root updates instead of a sequencer. Sovereign rollups have DA somewhere other than Ethereum and have canonical state determined by consensus.
Zeta Markets spent weeks analyzing its users and optimizing the airdrop to reward long-term participants. It ignored all users with less than $500 in volume, as they contributed less than 50 cents in trading fees and are not high-value customers. Active protocols like exchanges require risk and dedicated participation, weeding out lazy participants. To prevent instant sell pressure, Zeta Markets introduced an optional 7-day vesting period that rewarded users with 2x their allocation.
Synchronous atomic composability is the concept of L2s instantly and seamlessly interacting with one another. Vitalik Buterin finds it overrated, as the main two use cases are cross-chain payments and using different dapps – both of which could be solved with cross-exchange protocols and wallet integrations. Anatoly Yakovenko, founder of Solana, sees a global synchronous state as critical for creating efficient and permissionless markets.
Canadian company 3iQ has applied to launch North America's first Solana ETP (Solana Fund) on the Toronto Stock Exchange.
Socket has twice as much volume but only one million more transactions than LIFI.
Certain narratives like AI and real-world assets have performed well due to unpriced new information which remains underappreciated by the market, while more established sectors like DEXes and NFTs have not performed as well because investors recognize their potential.
The Lens Protocol will launch on the Lens Network as a cross-chain protocol with zkSync as its main hub.
Windows 11 Paint's Cocreator is an AI-powered feature that assists users in the creative process by enhancing their doodles based on prompts, elevating their artistic output. The tool lets users input a description, which Cocreator refines, transforming even rudimentary doodles into polished images.
Apple has released Final Cut Pro for iPad 2 and Final Cut Camera, enhancing video production with features optimized for the new iPad Pro with an M4 chip. The iPad version introduces “Live Multicam,” allowing wireless connection and preview of up to four cameras, and integrates with Final Cut Camera for manual control and seamless syncing of camera angles.
Dot, an AI companion app developed by ex-Apple designer Jason Yuan and engineer Sam Whitmore, has launched on the App Store. It offers a new approach to AI interaction by building a personalized relationship with users over time. Unlike typical AI assistants, Dot remembers past conversations to enhance understanding, acting as a supportive companion for various tasks, from journaling and planning itineraries to offering advice and tracking personal habits.
2024.06.21·links.tldrnewsletter.com·9 min read·TLDR Design Designers are constantly told to develop their own unique style. However, what happens when that style becomes widely adopted and even copied? As designers adapt to their co-opted styles, they need to increasingly use their ‘soft' skills — client relationships, unique conceptual thinking, and adaptability — to distinguish their offerings in a crowded market.
Hugo Timm, senior creative director at Frontify, discusses the "touchpoint explosion," where brands must engage through increasing channels and platforms. He emphasizes the importance of adaptability, collaboration, and focusing on the brand story. Platforms like Frontify provide centralized support for managing brand assets and workflows.
Jumping straight to visual design without establishing conceptual fidelity risks creating superficial solutions. The "form factor trap" occurs when the focus is on deliverables rather than the value they provide. Detailed design processes and tools like primary user benefits can prevent this, ensuring designs meet user needs. Optimizing for speed and deliverables can undermine a design's actual value, leading to complete and practical solutions.
Photo & image enhancement software powered by AI to generate more image details and the best quality.
Icons8 Illustration Generator lets you create consistent illustrations in unique art styles using AI.
These standard UI components feature a hand-drawn, sketchy appearance suitable for wireframes, mockups, or just the fun hand-drawn look.
Motion Sickness, a New Zealand-based advertising agency founded by Sam Stuchbury, is known for its witty and socially conscious campaigns. It won awards like the Grand Prix and Idea of the Year at the 2024 Axis Awards. The agency has launched a new branch, Design Office, which focuses on branding and identity projects with an emphasis on originality, wit, and humor to capture attention.
2024.06.21·the-brandidentity.com·9 min read·TLDR Design Figma's variables and conditionals bring a new dimension to prototyping, making it more dynamic and complex. They allow for more interactive and realistic user experiences, moving beyond linear prototypes. Although the process involves a learning curve and can be tedious, the ability to create developer-like prototypes is valuable as it provides a deeper understanding of how design decisions translate into development.
2024.06.21·links.tldrnewsletter.com·11 min read·TLDR Design Web design is transforming with AI-driven tools like Designer GPT. Dynamic, generative web experiences can be generated from simple prompts. This shift could make AI-built websites more common than traditional ones. This article explores how AI integrates into web building, tackling areas like content, design, tech, and management. It emphasizes the balance between convenience for average users and the desire for customized, hand-crafted sites by professionals.
Luma's new AI video tool, Dream Machine, sparked controversy by generating content resembling Pixar's Monsters, Inc., highlighting transparency and potential plagiarism issues in AI.
Learn how to use Safari's developer tools with the visionOS simulator to ensure your site works seamlessly in Apple's new spatial web environment.
A real photo fooled an AI image contest - AI has blurred the lines between reality and fabrication.
2024.06.21·links.tldrnewsletter.com·3 min read·TLDR Design Q1 earnings for 62 cloud companies revealed a split: hyperscalers like Azure and AWS thrived, particularly with AI advancements, while others faced challenges amid cautious buying cycles and unchanged rate cuts. Highlights included a growing focus on the importance of navigating SaaS metrics, like CAC payback and net retention, and building sentiment towards financial resilience in an evolving tech landscape.
2024.06.21·cloudedjudgement.substack.com·14 min read·TLDR Founders The AI industry is experiencing a significant gap between infrastructure investments and actual revenue generation. The discrepancy has grown from $200 billion to $600 billion. Despite increased GPU availability and stockpiling by major tech companies, AI revenue remains concentrated primarily with OpenAI, raising questions about the long-term value proposition for consumers. While this situation presents challenges for investors, it may ultimately benefit innovation and startups through lower computing costs and accumulated industry knowledge.
HeyGen, an AI startup that enables users to create photorealistic avatars that can speak in their own voice and translate into various languages, has raised $60 million in a funding round, valuing the company at $500 million. Despite concerns about potential misuse of its technology, HeyGen has attracted over 40,000 paying customers and grown its annual recurring revenue to over $35 million within a year.
Discover tried-and-true growth levers from a startup enthusiast who's tested over 100 self-serve products. Key takeaways include Miro's standout product onboarding, ChatGPT's smart ungated experience, Canva's savvy cancellation flow that leverages loss aversion, Figma's thoughtful PLG pricing for admins, and Otter.ai's clever approach to price increase communication.
Mastering content creation in 2024 hinges on understanding core principles, audience-centric approaches, and meticulous planning. Key strategies include leveraging first principles thinking for clarity and relevance, tailoring content to specific audience needs, and harnessing a structured creation process from topic research to continuous performance monitoring. These approaches promise to elevate credibility, engage audiences, and fuel business success for startup founders.
Growth isn't just about quick hacks or flashy tactics. This post presents a compelling dive into growth, dissecting it with five definitions that pivot around science, distribution of value, performance chasing, strategic access-building, and acting as a self-serve sales team. These insights steer startups towards crafting robust growth systems rooted in experimentation, cross-functional collaboration, and a profound understanding of customer acquisition and retention.
Anthropic's Sonnet model now outperforms competitor models and Claude 3 Opus on key evaluations at twice the speed.
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Kieran Flanagan of HubSpot dives into AI's practical applications in the tech industry, emphasizing its role in strategic planning, enhancing user interfaces, customer service, and driving social networks. A core takeaway: AI still needs human insights to be operationally effective in the workplace.
Self-motivated individuals naturally bring urgency to their work, pushing themselves and their teams to move faster and achieve more without external pressure. To increase team urgency, focus on hiring and cultivating self-motivated employees who demonstrate traits such as continuous learning, consistent improvement, and a willingness to take on early-stage challenges.
Despite challenges in certain B2B sectors, overall spending on SaaS is expected to grow significantly.
Iteration in work processes can lead to valuable improvements and learning opportunities.
AI and web3 are transformative horizontal forces reshaping technology that were once seen as distinct domains but are now converging, potentially supercharging consumer experiences with personalized AI-driven services and decentralized data control.
* Usage of short-lived credentials in CI/CD pipelines is lower than expected
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To what extent are organizations adopting established DevSecOps best practices?
Crypto exchange Kraken disclosed a critical zero-day flaw exploited by a security researcher to steal $3 million in digital assets. The vulnerability allowed artificial balance inflation by initiating deposits without completion. Kraken fixed the issue within 47 minutes and has stated that no client assets were at risk.
Massachusetts experienced a two-hour statewide 911 outage caused by an errant firewall installed by vendor Comtech to prevent cyberattacks. The firewall blocked calls from reaching dispatch centers. No emergencies were reportedly impacted, as dispatch centers could identify and return unsuccessful calls.
Amtrak has disclosed a data breach that affects users of the Guest Rewards program. It determined that there was no breach of its systems and that accounts were accessed via credentials leaked in previous breaches. Stolen information included names, contact information, rewards account numbers, partial credit card data, dates of birth, and transaction/trip information.
Proofpoint analysts have identified three attack chains that seek to social engineer users into running malicious Powershell scripts. The first two attack chains load a script hosted on Binance's chain which shows the user a fake Google Chrome error and prompts them to “install a root certificate” by copying a Powershell script into an admin Powershell console. The third attack chain sends an email resembling Microsoft Word documents and prompts users to install a Word Online extension which then prompts the user to “fix” the document by running a Powershell script or downloading and executing a file.
This article discusses a novel attack technique that utilizes developer access to a lower privilege GitHub repository to escalate privileges to a total compromise of all GitHub Actions pipelines in the organization. The attack makes use of a command injection vulnerability caused by utilizing the branch name directly in a command run on a self-hosted runner. This access is then used to register a new runner with the ubuntu-latest tag that will be used for any actions trying to use the GitHub hosted ubuntu-latest runner.
This post explores what Cloud Detection and Response tools are and provides some insight into the vendor landscape. CDR tools tie together logs from the Kubernetes control plane, containers, and cloud events into a single timeline for analysts along with response and remediation actions. The post concludes with an overview of the landscape, highlighting Upwind and Sweet as vendors capable of typing cloud and Kubernetes events together.