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CONTAINER USE

Container Use is a tool that creates development environments for coding agents, enabling multiple agents to work safely and independently with any stack.

CIRCLE PRICES IPO AT $31 PER SHARE, VALUATION AT $6.9 BILLION

Circle priced its NYSE IPO at $31 per share, above the original $24–$26 range, selling roughly 34 million shares to raise $1.1 billion and achieve a $6.9 billion valuation. The stablecoin issuer, known for USDC, will begin trading under the ticker “CRCL” on Thursday, marking the second major crypto IPO under the Trump administration. Circle's public debut provides access to deeper capital markets and heightened regulatory scrutiny amid legislative momentum for clearer stablecoin rules. This offer follows an aborted SPAC attempt in 2021.

JPMORGAN TO ACCEPT CRYPTO ETFS AS COLLATERAL FOR LOANS

JPMorgan will allow clients to use crypto exchange-traded funds as collateral for loans beginning with BlackRock's iShares Bitcoin Trust. The bank will also include crypto holdings when calculating client net worth, treating digital assets similarly to traditional ones in determining borrowing capacity. This initiative aligns with broader industry shifts after the Federal Reserve lifted guidance discouraging bank crypto activities and the OCC clarified that banks can custody customer crypto assets.

LEVEL: ONCHAIN BANKING PROTOCOL

Level has built an onchain banking protocol that aggregates USDC and USDT deposits, allocates them to low-risk lending strategies, and issues a single fungible stablecoin, lvlUSD, backed by the pooled receipt tokens. By accepting both native stablecoins and existing receipt tokens, Level solves fragmentation in DeFi lending and expands the on-chain money supply through transparent, programmable fractional-reserve operations. All reserve allocations and lending positions are fully onchain and auditable, combining the productivity of fractional-reserve banking with DeFi's transparency.

SIDEBAR: COINBASE'S FOUR-STEP PLAN FOR AFRICAN BUILDERS

Coinbase's new West Africa lead, Damilare Aregbesola, is rolling out a four-part Base Batch program aimed at helping African builders go beyond hackathons with sustained access to funding, mentorship, and global exposure. The initiative includes workshops, a buildathon, a world-class incubator, and a global demo day offering up to $1M in funding. Aregbesola highlights stablecoins as the most impactful blockchain use case in Africa today, urging builders to focus on solving core financial challenges before chasing newer trends.

UNDERSTANDING FLUID: A COMPREHENSIVE OVERVIEW

Fluid's Liquidity Layer unifies onchain capital by pooling deposits into multisided lending, vault, and DEX protocols, allowing users to earn yield while enabling overcollateralized borrowing and efficient asset swaps. Its Vault protocol's range-based liquidation engine supports up to 95% LTV with minimal penalties, and its “Smart Collateral” and “Smart Debt” primitives let collateral and debt positions double as DEX liquidity, driving over $10 billion in USDC–USDT volume. Since rebranding from Instadapp in late 2024, Fluid has grown to nearly $2 billion in deposited collateral and surpassed $46 billion in DEX trading volume across Ethereum and its Layer 2s, all governed by FLUID tokenholders. Upcoming upgrades include a modular, gas-efficient DEX V2 and a Solana launch via Jupiter Lend.

HOW TO CREATE YOUR OWN BRAND IN CRYPTO

It's important to be clear, consistent, and connect: focus on your niche, deliver value, and engage with your audience and fellow creators. Be opinionated, human, and experimental. Make sure you recycle strong ideas, don't overuse AI, and build a recognizable voice. Most importantly prioritize authenticity and positivity.

ETHENA HITS LOWEST FDV/REVENUE RATIO

Ethena's FDV/Revenue ratio dropped to a cycle low of 12.6 in May, signaling stronger revenue efficiency as USDe climbs back to a $5.7B market cap, just 5% below its all-time high. This financial strength fuels bullish sentiment for the Converge stack, powered by Arbitrum, Celestia, Ethena, and Securitize.

FARMING AIRDROPS IN THE KAITO ECOSYSTEM

By staking $KAITO on Kaito Earn, users can earn $sKAITO and become eligible for side airdrops from projects integrating with the Kaito ecosystem. Confirmed campaigns include Huma, Sunrise Layer, Skate, Camp Network, Humanity Protocol, and more, each allocating 0.2–1.5% of their token supply to stakers and top contributors.

EIGEN STUDIO: AI FOR BUILDING AVSS

Eigen Studio is a new AI tool from EigenLayer that enables builders to easily create new AVSs.

ZKSYNC PRIVIDIUM: AN ENTERPRISE-GRADE BLOCKCHAIN PLATFORM

ZKsync has built a compliance-oriented blockchain stack for enterprises and financial institutions.

5 TRADERS EARNED 50K+ ON PUMP.FUN THIS MONTH

Onchain data reveals that only five addresses had a realized PnL of 50-100k on Pump.fun, highlighting the scarcity of winners in memecoin markets.

SOLO BITCOIN MINER WINS $330K WORTH OF BLOCK REWARDS

A solo miner using CKpool mined Bitcoin block 899,826 and earned ~$330K, likely after renting hash power to briefly spike to 261 PH/s.

BITCOIN BULL CASE HINGES ON FED RATE CUT EXPECTATIONS

Bitcoin's path to new highs may depend on whether the Federal Reserve cuts interest rates this year.

APPLE NAMES 2025 DESIGN AWARDS WINNERS

Apple announced the winners of its 2025 Design Awards just before WWDC, recognizing 12 apps and games across six categories. The winners primarily consisted of indie apps and startups, with generative AI apps notably absent for the second consecutive year. Notable winners include Watch Duty for Social Impact, which provides wildfire information during California emergencies, and Play for Innovation in developer prototyping. Apple emphasized how developers utilized its tools to create better user experiences rather than focusing on AI-centric applications.

INTRODUCING OUR DEV MODE MCP SERVER: BRINGING FIGMA INTO YOUR WORKFLOW

Figma announced the beta release of its Dev Mode MCP server, which integrates Figma directly into developer workflows to enable design-informed code generation. The server works with agentic coding tools like Copilot, Cursor, and Claude Code by providing design context through the Model Context Protocol standard. It offers pattern metadata, screenshots, interactivity examples, and content details to help LLMs generate code that matches codebase patterns and design intent. Future updates will include remote server capabilities and deeper codebase integrations based on user feedback.

GEMINI APP GETS UI TWEAKS, SWIPE LEFT TO LAUNCH LIVE GESTURE

Google has updated the Gemini app, introducing UI tweaks like a swipe-left gesture to launch Gemini Live and reverting the plus menu back to a vertical list layout. The prompt bar has also been updated, reordering chips to place Video (Veo) first and introducing a new Canvas icon featuring a split circle. While the swipe gesture remains in beta, other updates, including compact menus and visual refinements, are now live in the stable Google app.

AI IS FLIPPING UX UPSIDE DOWN: NAVIGATING THE NEW ERA OF DESIGN

AI is fundamentally disrupting UX design by shifting focus from traditional visual interfaces to AI-first systems that minimize or eliminate complex UIs. Tools like Figma risk obsolescence as AI generates interfaces from simple prompts, while conversational and predictive systems handle user interactions behind the scenes. UX professionals must evolve beyond pixel-perfect design to embrace strategic AI integration, developing prompt engineering and AI analytics skills. The transformation presents opportunities for designers who adapt by treating AI as a collaborative partner rather than viewing it as a threat to traditional design methods.

YOUR MANAGER IS NOT YOUR BEST FRIEND

Commiserating with direct reports may feel natural, but it's highly corrosive to team trust and organizational cohesion, subtly encouraging division, victimhood, and poor cross-team collaboration. Instead, effective managers should take a therapist-like approach—empathetic but curious and objective—using questions, perspective, and clear frameworks to steer conversations toward constructive action rather than shared grievances.

WHY IS QUALITY SO RARE?

True quality remains rare despite rapid advances in technology and scale because the pursuit of craft—deliberate, caring attention to detail—has been sacrificed for speed, cost, and metrics. Yet quality is a choice: when individuals and teams intentionally center care, taste, and belief in their work, they create products that feel right, resonate deeply, and succeed organically.

CREATE BEAUTIFUL WEBSITES WITHOUT ANY CODE

With Tilda's intuitive format, you can quickly build a new website, online store, landing page, or blog.

SHARE AND DISCOVER TOP DESIGN WORK

Copy design assets in one click or upload yours straight from Figma.

MAKE A STUNNING PERSONAL SITE

Pop Site gives you stunning prebuilt sections to build your site effortlessly. Just pick, customize, and publish.

BRANDON DROPS THE AGENCY SPEAK WITH NEW IDENTITY

COMMON PROBLEMS WITH DESIGN PATTERN LIBRARIES

Design pattern libraries face critical challenges, including inconsistent component usage across teams, weak governance and maintenance, accessibility gaps, and disconnected workflows that create implementation drift. Solutions involve establishing clear documentation with usage guidelines, implementing strong governance frameworks with semantic versioning, building accessibility audits directly into components following WCAG standards, and connecting libraries to development workflows through code-synchronized tools.

THE UX BUTTERFLY EFFECT

The design of social media platforms like TikTok, driven by feedback loops to maximize user engagement, has led to significant unintended consequences including worsening teen mental health, environmental degradation, and social isolation. Tools like systems maps, impact ripple canvases, and iceberg visuals help designers anticipate these broader effects by making visible the complex, often hidden, relationships within systems.

PHYSICALITY: THE NEW AGE OF UI

There are a lot of rumors of a big impending UI redesign from Apple.

IS DARK MODE BETTER FOR YOUR EYES? PROS, CONS, AND EXPERT INSIGHTS

Scientific research shows no universal consensus on dark mode's superiority, with proper screen ergonomics and brightness adjustment often being more important than the color scheme.

THE 50 GREATEST DESIGNERS TEACHES YOU THE DESIGN HISTORY YOU DIDN'T KNOW

The coffee table book "The 50 Greatest Designers: The People Who Have Created Our Environment" profiles 50 designers, spanning from Victorian pioneer William Morris to Apple's Jonathan Ive, deliberately including diverse voices, like Korean typographer Ahn Sang Soo, and ensuring that half the featured designers are women.

WHAT IT TAKES TO IPO IN 2025

Monday.com's CFO joined just 4 months before its 2021 IPO with zero public company experience, yet helped guide it to become one of only 9 cloud companies still above their IPO price. With IPO markets reopening but demanding $500M+ ARR for $5B valuations, today's bar is higher than ever. Success means telling your story well to build credibility, being a strategic partner rather than a budget gatekeeper, and using data to plan 24-48 months ahead.

DEFENSE TECH UNICORN ANDURIL POWERS UP WITH $2.5B AT $30.5B VALUATION

Anduril Industries raised $2.5 billion in Series G funding, doubling its valuation to $30.5 billion. Founders Fund led the round, contributing $1 billion. The funding positions Anduril to address manufacturing and production challenges as it continues to expand.

LEADERS, STOP ACCIDENTALLY SCARING YOUR TEAM

When you say something negative won't happen, people still picture the negative thing. A CEO tried to reassure employees by saying no one would get laid off that day - and everyone immediately got worried. Leaders often create fear by accident when trying to address concerns. Instead of saying what won't go wrong, focus on what's going right.

YEARS OF EVIDENCE

"Years of experience" is a terrible hiring standard. Someone can do something for years and have nothing to show for it. Look for "years of evidence" instead - people with deep examples of work, piles of stuff they've made, collections of output they're proud to share. Someone new to their career might have little formal experience, but if they've been loving this work for a long time, they likely have hobby projects or examples they can't wait to show off. Titles and tenure don't matter. The work does.

DOES AI THREATEN VERTICAL SAAS?

The "AI will kill vertical software" prediction started with David Friedberg on the All In podcast. He saw an engineer at his company replicate a $50k supply chain tool and figured this would happen everywhere. However, this misses the point - it's easy to build simple tools in a vacuum, but real products have way more defensibility. Maybe this just shows which types of SaaS are actually at risk: narrow tools that are easy to copy, services AI can do better, and old companies that don't adapt.

Read the Delve case study.

SYNTHETIQ

Synthetiq is a social media simulation tool that lets creators A/B test and optimize content before publishing.

COGNEE

cognee is an open-source memory layer for AI agents that builds knowledge graphs for accurate, context-aware responses.

PIPPIT AI

Pippit AI is a creative agent that generates marketing videos and images to streamline content production.

AI IS HERE FOR PLUMBERS AND ELECTRICIANS. WILL IT TRANSFORM HOME SERVICES?

San Francisco startup Netic raised $20M to bring AI appointment booking, customer outreach, and sales optimization to home-services businesses. Its generative AI platform predicts service needs, prioritizes incoming jobs, and integrates with trade management software to boost technician efficiency. While adoption is rising, human technicians remain essential, with AI handling about 20% of calls at firms like Hoffmann Brothers.

FOUNDER COMMUNITIES

Building a company can be extremely lonely, which is why finding founder communities you align with can make all the difference. Many of these communities will also offer founder retreats, which are a great way to unplug and reset from the day-to-day grind.

WHY RACING TO $100M ARR DOESN'T ACTUALLY PREDICT GENERATIONAL OUTCOMES FROM SCALE VENTURE PARTNERS

Scale Venture Partners' data shows no significant correlation between rapid achievement of $100M ARR and eventual enterprise value. Companies that take longer to reach this milestone often achieve higher valuations, emphasizing the importance of sustainable growth. Founders and investors should prioritize fundamentals, durable growth, and strategic fit over mere speed.

THE INTERFACE IS MELTING

We've moved from perfecting every pixel to asking AI to design our apps without doing much beyond typing a few words.

NAVAL RAVIKANT'S CHECKLIST FOR STARTING A COMPANY

Naval's startup checklist: find a great cofounder with high intelligence, energy, and integrity; pick a large market you know well, not just a cool idea; and build something, test it, iterate until it works, then raise money and scale.

THINK ON YOUR FEET LIKE AN EXECUTIVE

Founders get hit with unexpected questions constantly - from investors, team members, and customers.

GET THE GUIDE

EXCLUSIVE: HACKERS LEAK 86 MILLION AT&T RECORDS WITH DECRYPTED SSNS

Hackers leaked 86 million AT&T customer records, including full names, addresses, and decrypted Social Security Numbers. The data may be linked to a 2024 breach involving the Snowflake cloud platform, but this is not confirmed. AT&T has not yet said whether this new leak is part of a past or new breach.

RANSOMWARE GANG CLAIMS RESPONSIBILITY FOR KETTERING HEALTH HACK

Ransomware group Interlock claimed responsibility for hacking Kettering Health's Ohio hospital network, stealing 940GB of data, including patient records and employee information. Two weeks ago, the attack forced system shutdowns. Interlock's public claim suggests ransom negotiations failed.

FBI: PLAY RANSOMWARE BREACHED 900 VICTIMS, INCLUDING CRITICAL ORGS

In a joint effort with CISA and the Australian Cyber Security Centre, the FBI has stated that the Play ransomware gang has breached roughly 900 organizations as of May. The Play Ransomware-as-a-Service (RaaS) operation threatens organizations, saying that it will release stolen information on its leak site to pressure victims into paying. Play is also notable in that it negotiates with victims over email as opposed to a Tor negotiations page and each infection uses recompiled malware to complicate detection.