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FBI ARRESTS MAN FOR $43M CRYPTO PONZI SCHEME

Idin Dalpour was arrested for allegedly orchestrating a $43 million Ponzi scheme, falsely promising high returns from his hospitality and crypto trading businesses but using investor funds to cover personal expenses. The FBI indictment detailed Dalpour's misuse of funds, including $1.7 million for gambling debts, and charges of wire fraud. This could lead to up to 20 years in prison.

2024.05.03
decrypt.co3 min readTLDR Crypto

BLOCK TO INVEST 10% OF BTC PROFITS INTO BTC EACH MONTH

Block reported first-quarter revenues of $5.97 billion and an adjusted profit of 85 cents per share, surpassing expectations. It announced plans to allocate 10% of gross profit from bitcoin transactions into bitcoin each month and is open-sourcing its "crypto treasury blueprint" to help other companies manage its crypto assets.

2024.05.03
theblock.co2 min readTLDR Crypto

PRIVY LAUNCHES CLOUD-BASED RECOVERY

Privy is launching a new cloud-based recovery system that enables users to secure their embedded wallet recovery shares on Google Drive. This should improve the user experience by offering a simpler, more secure method of wallet recovery without the need to remember passwords.

2024.05.03
threadreaderapp.com1 min readTLDR Crypto

ROYCO: THE LIQUIDITY COORDINATION PROTOCOL

Royco enables efficient liquidity coordination for crypto, which today is inexact and done through airdrops, liquidity mining, and other un-optimized methods. Royco's Liquidity Coordinator allows programmability and order books to create liquidity negotiation, allowing providers to know exactly what they will get in return. Since every position is tokenized, users can sell or exchange positions, providing flexibility for locked assets.

2024.05.03
threadreaderapp.com2 min readTLDR Crypto

THE SOLANA READING LIST

Solana influencer and CEO of Helius Labs, Mert, has curated a list of high-quality articles about Solana. The list provides a comprehensive overview of Solana's history, investor theses, tech deep dives, and programming.

2024.05.03
mertimus.com3 min readTLDR Crypto

EVERYTHING YOU NEED TO KNOW ABOUT BLAST POINTS, GOLD, AND MULTIPLIERS

Blast points are earned passively through liquidity provision or holding certain tokens. Blast Gold, which may be worth $10 to $60 each, is farmed by actively interacting with protocols or games. This thread lays out three strategies for various capital and time commitment levels to maximize airdrop distribution.

2024.05.03
threadreaderapp.com7 min readTLDR Crypto

DESIGNER BLOCKSPACE: THE FUTURE OF EXECUTION ENVIRONMENTS

Though the data availability cost has been alleviated through Ethereum's blobs and special-purpose protocols like Celestia, inefficient computation and state access remain bottlenecks. There are multiple paths to improving execution performance, including parallelization, state expiry or statelessness, and sharding. Each L1 and L2's decisions about these improvements will impact the design of their execution layer, the value proposition of blockspace, and the competitive moat of its chain.

2024.05.03
links.tldrnewsletter.com38 min readTLDR Crypto

SOLANA: ACCELERATED ADOPTION

Solana's revival after the FTX collapse and bear market has solidified its spot as the third major crypto asset behind BTC and ETH. Its recent run began in Q3 2023, when Jito and Pyth started the modern airdrop wave, driving the ecosystem to new highs in various metrics, supported by an explosion in memecoins. Its network effects and performance are expected to grow further and host the next “big thing in crypto.” Though the network is congested, development is actively solving this problem, and the Firedancer validator client by Jump Crypto should drastically improve Solana's throughput.

2024.05.03
threadreaderapp.com3 min readTLDR Crypto

EIGEN FOUNDATION TO GIVE 100 EIGEN TOKENS TO OVER 280K USERS

The Eigen Foundation is allocating an additional 100 EIGEN tokens, worth about $1,000, to over 280,000 users to improve the accessibility of the token to early adopters and address community concerns about the distribution model of its airdrop.

2024.05.03
unchainedcrypto.com3 min readTLDR Crypto

FRAMER UNVEILS MASKING & WORKFLOW ENHANCEMENTS

The April update to Framer introduces a new masking feature that enables designers to apply and customize masks with gradients or images and stack multiple masks for complex layouts. It also includes workflow enhancements and precise gradient editing. Working with different Framer versions has become seamless thanks to improved collaboration capabilities.

2024.05.03
ux-news.com2 min readTLDR Design

PINTEREST SAYS ITS AI-POWERED COLLAGES ARE NOW MORE ENGAGING THAN PINS

Using Pinterest's Shuffle feature, users can combine images and photos to create collages. The company says its latest version, powered by AI and computer vision, gets three times as much engagement as traditional Pins. With the new format, users can curate content from the web and Pinterest, but they can also snap pictures with their phones to express their tastes, interests, and styles.

2024.05.03
techcrunch.com3 min readTLDR Design

THE ARC BROWSER ARRIVES ON WINDOWS TO TAKE ON CHROME AND EDGE

The Arc browser, which has impressed macOS and iOS users over the past couple of years, has finally made its way to Windows. The Browser Company, the company behind Arc, is betting that its browser features, like the collapsible sidebar, vertical tabs, app switcher-like experience, and a command bar, are different enough to entice Windows users away from Chrome and Edge.

2024.05.03
theverge.com5 min readTLDR Design

HOW WE CREATED A MULTI-BRAND DESIGN SYSTEM IN FIGMA

SnappOS offers white-label infotainment systems for automakers who need more time and expertise to develop their own. Each carmaker has its own branding, features, and hardware setup. In this article, Snapp Automotive describes how it created a theming engine that can handle multiple levels of customization, enabling it to scale to tens of different brands without branching out.

2024.05.03
snappautomotive.io9 min readTLDR Design

AN UPDATED PRIMER ON ANDROID NAVIGATION

Designers should build navigation based on tasks and content. The navigation bar is convenient for jumping between primary destinations but should only be used on compact screens. The navigation rail is positioned on the side of the screen and should be used on medium and expanded screens.

2024.05.03
interfacecafe.com9 min readTLDR Design

BEYOND “DONE”— PRIORITIZING QUALITY IN PRODUCT EXPERIENCES

While most product teams strive to deliver products that meet or exceed user expectations, they need more time and resources to perfect every part of the user experience. The number of epics in a release cycle is often prioritized over quality. This approach fails to define and aim for the quality of the experience, resulting in products that meet requirements but fail to delight customers. Through Experience Quality Acceptance Criteria, teams can prioritize epics based on their potential impact on user adoption and satisfaction instead of just their feasibility.

2024.05.03
links.tldrnewsletter.com6 min readTLDR Design

MAKING PRODUCT VALUE OBVIOUS

The most valuable contribution product designers can make to software is making the core value of a product clear to the people using it. Teams working on a product understand their product's value, but outsiders may not. Being more straightforward is often necessary.

2024.05.03
lukew.com3 min readTLDR Design

THE MUSEUM OF WEST AFRICAN ART (MOWAA) GETS A REBRAND THAT AMPLIFIES THE REGION'S HERITAGE AND CONTEMPORARY ART

With a logo inspired by the museum's site plans, a colorway that reflects Benin City's landscape, and an identity that boasts its far-reaching collection, MOWAA's rebranding helps to connect West Africa's budding cultural hub to the world. Regarding the color palette, the natural environment comes through earth tones and yellows, and documentation of the assets is taken against the backdrop of the outdoors.

2024.05.03
itsnicethat.com4 min readTLDR Design

COMPOSABILITY IN DESIGN SYSTEMS

People tend to prefer and use design systems that encourage mixing and matching. Too much coverage can turn a design system into a bureaucratic hurdle instead of a helpful tool. Instead of enforcing recipes too soon, you should think of your design system as a library of ingredients, consistent but flexible enough to accommodate creativity and innovation.

2024.05.03
adactio.com3 min readTLDR Design

BELIEFS ABOUT QUALITY I WANT TO DISPROVE

Beliefs about interface quality that are untrue include its dependency on organizational power, the sacrifices required for high quality, and the difficulties of maintaining quality in large teams or organizations.

2024.05.03
anthonyhobday.com2 min readTLDR Design

Sponsored

You have the million dollar idea ✅

2024.05.03
links.tldrnewsletter.comSponsorTLDR Founders

THEY JOINED AN ACCELERATOR AND LOST THEIR STARTUPS

The bankruptcy of the Newchip accelerator led to the auctioning of warrants in over 1,000 startups, causing founders like Lacey Hunter of TechAid to lose control over their companies and, in some cases, shut down. Newchip's collapse, amid allegations of mismanagement and a toxic leadership style by CEO Andrew Ryan, has left many entrepreneurs facing financial and legal challenges, with some fighting to reclaim their companies' futures.

2024.05.03
links.tldrnewsletter.com6 min readTLDR Founders

HOW AI APPS MAKE MONEY

In recent years, the majority of AI applications have adopted traditional subscription-based pricing models, with a focus on per-user charges, reflecting their role as digital assistants rather than replacements for human workers. Innovative pricing strategies, such as outcome-based models, are emerging among newer AI companies, potentially enhancing customer adoption and revenue by charging only for successful results.

2024.05.03
growthunhinged.com8 min readTLDR Founders

KNOW WHAT YOU BELIEVE

Belief is the foundational element that drives startup founders to persevere through challenges and convince others to join, invest, and buy into their vision despite the inherent uncertainties of building a new business. This conviction must be layered across various aspects of the startup, from the team and the problem they aim to solve to understanding the market and timing, all while continuously testing and refining these beliefs to navigate toward success.

2024.05.03
links.tldrnewsletter.com14 min readTLDR Founders

ONBOARDING YOUR CMO

Onboarding a new CMO requires thoughtful planning and support from the CEO to set them up for success. Key steps include endorsing the CMO, facilitating deep customer exposure, providing critical resources and context, dedicating time together, aligning on strategy and goals, and helping them navigate company culture and dynamics. By investing time and effort into a comprehensive onboarding process, the CEO can empower the CMO to make a significant impact and drive the company's marketing efforts forward.

2024.05.03
carilu.com5 min readTLDR Founders

HOW NOTION DOES MARKETING

Notion's meteoric rise can be attributed to a multifaceted marketing strategy that leverages community, influencer partnerships, and growth analytics. By empowering users to evangelize the product, partnering with creators to reach new audiences, and optimizing the user journey to drive conversions, Notion has built a powerful marketing engine that sets it apart from competitors.

2024.05.03
links.tldrnewsletter.com10 min readTLDR Founders

HOW I THINK ABOUT DEBT

Japan is home to 140 businesses that have survived for over 500 years, with some even surpassing the millennium mark, demonstrating remarkable resilience through numerous adversities such as wars, natural disasters, and economic downturns. These enduring enterprises, known as "shinise," typically maintain substantial cash reserves and avoid debt, a strategy that has enabled them to navigate centuries of volatility and maintain operational continuity across generations.

2024.05.03
collabfund.com3 min readTLDR Founders

Y.GY

QR code generator and link shortener with tracking metrics.

2024.05.03
app.y.gyToolTLDR Founders

STACKRADAR

Stackradar is a curation of the best tech tools on the internet.

2024.05.03
links.tldrnewsletter.comToolTLDR Founders

WRITER-BUILDERS

The concept of the "writer-builder" archetype highlights individuals who integrate writing into various professional domains, enhancing their ability to reflect, innovate, and communicate effectively. This archetype, seen as a modern renaissance persona, thrives on the synergy between constructing (building) and expressive reflection (writing), suggesting a growing trend towards interdisciplinary skill sets and the blending of creative and technical fields.

2024.05.03
workingtheorys.com3 min readTLDR Founders

THE SHINY TOY SYNDROME

The constant desire to try new tools and technologies, known as the shiny toy syndrome, can lead to temporary satisfaction but ultimately hinder productivity and long-term performance. To combat this syndrome, it's important to implement strategies such as a cooling-off period, ask yourself why you want to try something, consider switching costs, use a decision matrix, reflect on decisions to ensure intentionality, and focus on what truly supports your creativity and goals.

2024.05.03
nesslabs.com5 min readTLDR Founders

YOUR CUSTOMERS AREN'T ENGAGING WITH YOU BUT THAT'S OKAY

Social media engagement doesn't always correlate with customer activity. Many users may passively observe without interacting but still respond positively to direct offers. Building a visible presence and maintaining consistent communication can attract both active participants and silent observers, ultimately enhancing business opportunities.

2024.05.03
links.tldrnewsletter.com7 min readTLDR Founders

HOW TO DECIDE TO SHUT DOWN OR KEEP GOING

A Y Combinator partner shares insights on when to persist with a struggling startup and when to shut it down, emphasizing the importance of founder enjoyment and love for the product.

2024.05.03
startuparchive.org1 min readTLDR Founders

THE CAPEX CONQUEST IN THE CLOUD

The cloud computing industry is experiencing significant growth, with Amazon Web Services, Microsoft Azure, and Google Cloud investing heavily in capital expenditures for data centers, power plants, and GPUs.

2024.05.03
tomtunguz.com2 min readTLDR Founders

Sponsored

AI is great at writing, summarizing, and extracting information — which makes it a perfect fit for compliance tasks. Secureframe is leading the charge [4] with a host of new AI and genAI-powered features:

2024.05.03
links.tldrnewsletter.comSponsorTLDR InfoSec