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BIGGEST BANK IN THE WORLD SAYS ETHEREUM IS ‘DIGITAL OIL,' BITCOIN ‘DIGITAL GOLD'

According to VanEck's head of digital assets, Matthew Siegel, the Industrial and Commercial Bank of China (ICBC) reportedly calls Bitcoin ‘Digital Gold' and Ethereum ‘Digital Oil.' ICBC acknowledges Ethereum's current scalability problems but expresses optimism about future upgrades. It notes a strong demand for digital assets driving continuous innovation.

2024.06.12
dailyhodl.com2 min readTLDR Crypto

$270.4M IN CRYPTO LIQUIDATIONS

The crypto market's recent selloff has triggered substantial liquidations amounting to $270.4 million (at the time of writing), mainly affecting long positions. Bitcoin and Ethereum experienced notable declines, dropping 3.5% and 4.6% respectively, with Ethereum seeing the most liquidations at $70.5 million.

2024.06.12
theblock.co2 min readTLDR Crypto

SYMBIOTIC: PERMISSIONLESS, FLEXIBLE RESTAKING

Symbiotic is a restaking protocol that competes with EigenLayer and Karak. It has launched its bootstrapping phase, onboarding ETH LSTs as collateral. Its modular design supports any combination of tokens as collateral, and immutable non-upgradable contracts remove governance risks. Its initial partners, which include Ethena, Hyperlane, and Lido, are building solutions alongside or on top of Symbiotic's infrastructure.

2024.06.12
threadreaderapp.com1 min readTLDR Crypto

FUSE: SOLANA'S FIRST SMART WALLET

Solana has launched Fuse, a smart wallet designed to enhance the mobile experience for individual users of Squads Protocol by simplifying security measures and transaction processes. Fuse aims to transform the concept of self-custodial wallets by leveraging smart accounts for asset storage, offering a programmable platform that enhances security and user experience with features like multi-factor authentication and programmable spending limits.

2024.06.12
threadreaderapp.com4 min readTLDR Crypto

WTF ARE FRAUD PROOFS?

Optimism's introduction of fraud proofs means that bridged assets can be withdrawn without Optimism's approval and anyone can review and challenge OP Mainnet transactions. Previously, the Ethereum settlement layer had to trust Optimism's transaction history without proving it. Looking forward, other OP Stack chains like Base and Mantle should be able to implement fraud proofs and become Stage 1 L2s much quicker.

2024.06.12
threadreaderapp.com2 min readTLDR Crypto

BTC MINER SENTIMENT THREAD

This thread compiles various tweets that are bullish on the Bitcoin mining sector. They cite concerns surrounding capital expenditures, competition, and the environmental impact. Marathon, the biggest mining company, has 25% short interest as a percentage of its float. CleanSpark has been seeing insider selling since the beginning of this year.

2024.06.12
threadreaderapp.com6 min readTLDR Crypto

INTRODUCING THE ZK TOKEN

The ZKsync L2 has released its much-anticipated tokenomics and airdrop allocation information. 17.5% of the token supply will be airdropped to ZKsync users, the highest of any major L2, with two-thirds going to the community through ecosystem incentives. The ZK token will be used for protocol governance and gas fees, with claims opening next week.

2024.06.12
blog.zknation.io8 min readTLDR Crypto

UNISWAP LABS ACQUIRES CRYPTO: THE GAME

Uniswap Labs has acquired the interactive onchain survival experience “Crypto: The Game.” In its first two seasons, users bought in with 0.1 ETH, joined alliances, completed challenges, and voted each other out to win the pot. Uniswap promises new twists and features for season 3.

2024.06.12
threadreaderapp.com1 min readTLDR Crypto

NATIVE STAKING MAKES STAKING PERMISSIONLESS

EigenLayer faced a crucial decision early on in which it had to decide whether to integrate native restaking fully or accept a proposal that focused only on Liquid Staking Tokens (LSTs), which would simplify development but limit staking options.

2024.06.12
threadreaderapp.com1 min readTLDR Crypto

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2024.06.12
degrees.snhu.eduSponsorTLDR Design

CARTWHEEL GENERATES 3D ANIMATIONS FROM SCRATCH TO POWER UP CREATORS

Cartwheel wants to revolutionize 3D animation by using AI to make it simple and fast to generate basic movements. The tool lets creators focus on expressive tasks, offering a game-changing solution for animators who traditionally spend hours on elementary motions. With a user-friendly interface and impressive output, it aims to foster productivity and creativity in animation.

2024.06.12
techcrunch.com4 min readTLDR Design

APPLE INTELLIGENCE SURE LOOKS LAME, BUT IT SHOWS HOW APPLE CAN STILL WIN AI

Apple's AI approach, focusing on integrating personal context through its devices, may seem less advanced compared to competitors. Still, it leverages Apple's vast reach into user data to offer unique personalization. This strategy positions Apple to outpace rivals in AI by capitalizing on its deep integration into users' everyday lives through familiar tools and services.

2024.06.12
links.tldrnewsletter.com5 min readTLDR Design

NAVIGATING THE NEW DESIGN FRONTIER: AI'S ROLE IN TRANSFORMING CREATIVE PROCESSES

The HarvardXR 2024 Extended Intelligence event showcased the fusion of AI and design, revealing the profound changes and challenges in creative industries. Designers now navigate integrating AI tools like the Stingray model, evolving traditional frameworks such as the Double Diamond. Important highlights emphasized the importance of curation alongside creation, distinguishing between design ideas and insights, and leveraging imagination to enhance integration.

2024.06.12
designwanted.com9 min readTLDR Design

FIVE HARD TRUTHS FOR YOUNG DESIGNERS

Discover the five hard truths every young designer needs to hear. Learn that nobody owes you anything, blaming others is futile, and good feedback is a luxury. Understand the fundamental role of your creative director and why your growth is your responsibility.

2024.06.12
vanschneider.com6 min readTLDR Design

BENTO GRIDS

Bento Grids is a curated collection of tiles-based layouts that Apple popularized with its summary slides.

2024.06.12
bentogrids.comToolTLDR Design

COLLECTION OF ANIMATED ELEMENTS

Web Interactions Gallery showcases a collection of animated elements from various websites, featuring sliders, preloaders, hero reveals, and more.

2024.06.12
webinteractions.galleryToolTLDR Design

FONT INTERCEPTOR

Font Interceptor pulls all the font files on a target URL for download.

2024.06.12
fontinterceptor.mschfmag.comToolTLDR Design

WEARESEVENTEEN FORGES FUTURE PATHS INTO MOTION DESIGN WITH THE LAUNCH OF OPN FESTIVAL

The OPN festival, organized by Weareseventeen and Ravensbourne University, will launch in London on June 20-21. It aims to bridge the gap between emerging and established motion design talent. The festival will feature talks, workshops, live art performances, and a collaborative moving image project. All profits will go to supporting educational initiatives for schools and colleges.

2024.06.12
itsnicethat.com1 min readTLDR Design

PROTOTYPING: A BLUEPRINT FOR BUILDING BETTER PRODUCTS

Prototyping is essential for effective product design. It enables stakeholders to interact with designs as end users, fosters early engagement, validates usability through user interviews, and helps developers anticipate challenges. It also streamlines product development, aligns visions, and enhances the user experience, making it crucial for large-scale enterprises like IBM.

2024.06.12
links.tldrnewsletter.com7 min readTLDR Design

THE RAPID EXPERIMENTATION OF AI AGENTS

Yohei Nakajima discusses his work on AI agents, including a viral BabyAGI project that prototypes an autonomous startup founder. He shares insights on the rapid experimentation and breakthroughs, from due diligence to CEO replacements, and breaks down the impact of handcrafted and specialized agents while envisioning a future of human-AI collaboration.

2024.06.12
roundup.getdbt.com4 min readTLDR Founders

APPLE WWDC 2024: THE 13 BIGGEST ANNOUNCEMENTS

Big tech is betting big on AI, with Apple the latest to launch new AI features delivered in partnership with OpenAI. Apple's AI system and Apple Intelligence will put powerful generative models at the core of the iPhone, iPad, and Mac. It will enable new capabilities across Apple's native apps, such as the ability to generate images or summarize text.

2024.06.12
theverge.com7 min readTLDR Founders

SYSTEMS AND STANDARDS OF GTM EXCELLENCE

Tom Levey, a seasoned GTM strategist, highlights a crucial pitfall in scaling: losing focus by tackling everything simultaneously. His insights revolve around prioritizing effectively, leveraging data to guide actions, and the strategic use of leading indicators for proactive problem-solving. He emphasizes the importance of refining skills step-by-step for a robust GTM strategy and suggests nurturing internal talent for leadership roles over hiring externally for guaranteed long-term success.

2024.06.12
greylock.com10 min readTLDR Founders

THE FIRST 3 MARKETS IN ENTERPRISE SOFTWARE STARTUPS

Enterprise startups must sequentially tackle three distinct market segments to build the right product and sales motion: Innovators, Early Adopters, and the Early Majority. Startups can drive adoption, iterate on product, and establish a repeatable sales process by methodically dominating each market segment with clear success metrics before proceeding. Skip this sequence and risk wasting precious time and capital.

2024.06.12
unusual.vc5 min readTLDR Founders

HIRING (AND MANAGING) CRACKED ENGINEERS

Building a team of self-driven engineers who thrive on autonomy and passion can significantly boost your startup's innovation. This guide offers strategies to identify, hire, and manage these "cracked" engineers, ensuring they drive your startup to new heights while fostering a culture of authenticity and enthusiasm.

2024.06.12
posthog.com4 min readTLDR Founders

HOW TO IMPROVE YOUR VOLUNTARY CHURN

Elena Verna, a growth hobbyist and solopreneur, offers strategies to reduce voluntary churn, focusing on customer satisfaction and retention tactics to maintain a loyal user base. While granular churn analysis and targeted intervention flows can help, the ultimate solution is building a stickier product with frequent use of premium features that deliver clear value worth paying for.

2024.06.12
elenaverna.substack.com5 min readTLDR Founders

IT'S OK TO ASK FOR SECONDARIES

Taking secondaries doesn't necessarily mean you're not long on the mission and looking to de-risk. If it helps with stability, you should look into it.

2024.06.12
linkedin.com1 min readTLDR Founders

THE OFFSEASON

A startup operator shares his between-job plan to sharpen skills and recharge like an athlete in their offseason. Treat role transitions as an opportunity to rest, strengthen weak spots, harden learnings, and warm up your muscle so you can hit the ground running in your next season. The company-building game is long – make the most of well-earned breaks.

2024.06.12
proofofconcept.pub4 min readTLDR Founders

CUT THE CHECK

Sales reps at startups can often make a lot of money. Instead of loathing that junior reps are making more than you, we should celebrate it. Hefty sales commissions boosts rep motivation, company culture, and significantly ups your company valuation in the early days. Investing in your sales team's success is a powerful strategy for startups doubling down on GTM and seeking to scale quickly.

2024.06.12
mostlymetrics.com5 min readTLDR Founders

WHY A COMPANY IS NOT A FAMILY

it is important to make strategic sacrifices, improve spaces for boys' friendships, and rethink organizational assumptions to unlock potential.

2024.06.12
adamgrant.substack.com1 min readTLDR Founders