President Donald Trump has reportedly pardoned BitMEX co-founders, Arthur Hayes, Benjamin Delo, and Samuel Reed. The pardon comes amid a broader conversation around crypto regulation and enforcement actions in the U.S.
2025.03.31·links.tldrnewsletter.com·2 min read·TLDR Crypto The FDIC has reversed its previous stance and will now allow U.S. financial institutions to engage in digital asset activities without needing prior approval. This policy shift signals growing regulatory openness toward crypto integration in the traditional banking system.
2025.03.31·links.tldrnewsletter.com·2 min read·TLDR Crypto Doodle's DreamNet envisions a decentralized story universe that aims to counter the centralizing forces of AI-generated media with decentralized, tokenized storytelling that harnesses community-generated content through Universe Tokens, Idea Tokens, and Character Tokens. It uses a dynamic Vector Worldstate to create coherent, evolving narratives that fuel immersive, multi-platform experiences. The approach promises to shift creative control and value accrual from centralized entities to diverse communities, empowering small IPs to compete at scale.
Stargate has officially launched on HyperCore, letting users move ETH from any Stargate-connected chain to HyperCore, where it's converted to tradable uETH on Hyperliquid. Note that transfers are currently one-way, with outbound support coming next week. A minimum transfer of 0.05 ETH applies.
The rise of stablecoins today closely mirrors the emergence of money market funds in the 1970s, which revolutionized cash management by offering a more efficient alternative to traditional banking. As US lawmakers debate stablecoin regulation, many of the concerns such as systemic risk, regulatory gaps, and monetary policy impact echo the criticisms faced by money market funds decades ago.
2025.03.31·links.tldrnewsletter.com·3 min read·TLDR Crypto Stablecoins offer a reliable alternative to traditional banking and volatile cryptocurrencies, allowing for stable everyday transactions and wealth protection. They provide a crucial hedge for individuals facing unreliable banking infrastructure and unpredictable currencies, complementing Bitcoin's role as a store of value. Improvements like near-zero transaction fees and enhanced privacy promise to further streamline payments and expand global adoption, thereby reinforcing the global economic influence of the US dollar.
2025.03.31·links.tldrnewsletter.com·10 min read·TLDR Crypto A $7m prediction market on Polymarket was manipulated in an attack during a UMA oracle dispute. Attackers exploited unmonitored periods and timed their moves with UMA's voting deadlines to falsely claim that a mineral deal between the US and Ukraine had been agreed upon since February. The tactic resulted in an unwarranted market resolution that netted around $200k for the conspirators and triggered cascading issues across related markets.
GRASS, a data-scraping protocol that stores over 1.6 petabytes of data daily for AI customers, is generating mid-eight-figure revenue. It isn't reliant on speculative crypto demand. The protocol's real-world product, which provides in-demand data, makes it an outlier unaffected by the broader crypto market downturn.
Two whale vaults on Maker holding a total of 125,603 ETH (~$238M) are at risk of liquidation as ETH prices decline, with health ratios dropping to 1.07 and liquidation thresholds at $1,805 and $1,787 respectively.
DeFi's revenue model is shifting from token incentives to genuine demand, with liquidity providers now earning more from protocol fees than from incentive programs.
Memecoins have re-emerged as crypto's favorite speculative tool, but their future lies in evolving into social currencies i.e. tokens with community value, real-world utility, and cultural staying power.
2025.03.31·links.tldrnewsletter.com·6 min read·TLDR Crypto Top-tier, A-ranked crypto themes focus on emerging AI Agents, autonomous use cases, and advanced DeFi applications, while B Tier highlights modularity, efficient DeFi apps, and stablecoin innovations.
Ethereum's Hoodi testnet successfully implemented the Pectra upgrade, finalizing approximately 30 minutes post-activation. This achievement brings Ethereum closer to deploying Pectra on the mainnet, aiming to improve usability and scalability by reducing data availability costs.
2025.03.28·links.tldrnewsletter.com·2 min read·TLDR Crypto The House of Representatives has released its version of stablecoin oversight legislation, known as the STABLE Act, to regulate the issuance of dollar-denominated digital tokens. It requires coins to be backed by high-quality liquid assets, allows them to be issued by depository institutions or state-regulated entities, and imposes a moratorium on algorithmic stablecoins for two years. The bill is part of a larger legislative effort to bring more clarity to the crypto industry and overturn IRS regulations impacting DeFi brokers. Lawmakers at the DC Blockchain Summit have expressed optimism about finalizing these frameworks by August.
Ripple has partnered with African fintech Chipper Cash to enable faster, lower-cost, crypto-enabled cross-border payments into Africa using Ripple Payments infrastructure. This collaboration expands Ripple's presence on the continent and uses blockchain to improve financial inclusion and efficiency for Chipper Cash's 5 million users (across 9 countries).
Sony (Soneium) is working with Animoca Brands to integrate anime culture into Web3 by introducing Anime ID, a decentralized identifier and reputation layer for anime and manga enthusiasts. This collaboration aims to increase user engagement by allowing fans to use their Anime IDs across various Dapps on the Soneium blockchain.
Decentralized onchain AI models will introduce commoditized cognition, which will fundamentally reshape how AI is built, deployed, and monetized. Traditional pre-training has hit a plateau, which is driving a shift toward specialized fine-tuning, advanced inference-time compute, and memory innovations. Onchain AI models can unlock novel mechanisms like revenue-sharing and collateralized lending to attract institutional investment and community participation.
The STABLE Act of 2025 introduces strict regulations for stablecoins, requiring issuers to be banks, credit unions, or approved nonbanks with 1:1 reserves in cash, T-bills, or other safe assets. It also bans algorithmic stablecoins for two years, allows states to set their own (but stricter) rules, and includes a two-year registration grace period.
The Trump Family's DeFi protocol, World Liberty Financial, has announced a stablecoin, USD1, at the DC Blockchain Summit. Donald Trump Jr. endorsed its potential to improve financial systems. It is set to launch on Ethereum and BNB Chain. The new stablecoin comes as lawmakers continue to move toward sensible stablecoin regulation.
Grass Network utlilizes a decentralized web scraping system that incentivizes participants to contribute unused internet bandwidth to create structured, verifiable datasets for AI training. The platform tackles challenges in data quality and accessibility – like data poisoning and monopolized data – by using residential IPs and blockchain-based provenance tracking. It has expanded to 3 million users and billions of URLs indexed. Future upgrades promise a 10x boost in processing speeds and support for multimodal data.
2025.03.28·links.tldrnewsletter.com·22 min read·TLDR Crypto Over 400 South Korean public officials have disclosed a total of ~$9.8M in crypto holdings (~$24k each).
Less than 20% of European banks offer crypto services, despite over 40% of business investors already holding digital assets and an additional 18% planning to invest soon.
Hyperliquid has integrated its HyperCore and HyperEVM systems on mainnet, enabling asset transfers across their orderbook DEX and Ethereum-compatible chain.
2025.03.28·links.tldrnewsletter.com·2 min read·TLDR Crypto A Polymarket event on a Ukraine-Trump mineral deal was resolved incorrectly due to last-minute clarifications and a flawed dispute process.
The SEC has officially dropped its inquiry into Immutable without taking enforcement action, marking a major victory for web3 gaming and digital ownership rights. Despite the investigation, Immutable continued to expand, launching zkEVM, growing its user base, and securing major partnerships—now, it's ready to accelerate further.
GameStop has announced plans to add Bitcoin as a treasury reserve asset after a unanimous board vote. The company has nearly $5 billion in cash in its treasury, though the amount to be allocated to Bitcoin has not yet been determined. Speculation that GameStop would make this decision started after a picture surfaced of CEO Ryan Cohen and MicroStrategy's Michael Saylor at Trump's Mar-a-Lago. GME shares are up nearly 6% on the news in after-hours trading.
Offramp has launched its investment product, allowing all users to buy and sell over 100 tokenized stocks, ETFs, and REITs (fully backed 1:1 by real securities through its partner Dinari). It is set to release fiat offramps in multiple currencies and native mobile apps this April, with features like price charts, financial summaries, and gas-sponsored transactions through ZeroDev.
CME Group is partnering with Google Cloud to test asset tokenization on Cloud's new Universal Ledger, a private programmable network. This initiative will begin testing later this year, with new digital asset services expected to launch in 2026. Tokenization offers around-the-clock settlements at a much faster rate than traditional rails. It is positioned to become a multi-trillion dollar industry according to several analysts.
AI is rapidly improving yet simultaneously becoming commoditized. Developers must embrace network effects if they want to build lasting businesses. Blockchains and tokens enable network effects to be bootstrapped by incentivizing user contributions in exchange for ownership and driving attention to products. In the future, fully sovereign agents can use tokens to build a business from scratch.
2025.03.27·links.tldrnewsletter.com·6 min read·TLDR Crypto The CDP Affiliate Program, now live via Fuul, offers ETH rewards for referring developers to build with the Coinbase Developer Platform. Affiliates earn $300 for their first active referral and $50 per active developer each week (up to $500/week). Referred developers can also earn up to $65 for onboarding and making qualifying API calls, with no limit on how many devs you can refer.
There is no tangible end-user difference between L1s and L2s, as both require bootstrapped liquidity through stablecoins and non-native assets. L2s function as execution layers with trust-minimized bridges. They naturally integrate with L1s and other L2s despite concerns around liquidity fragmentation. Though L1s benefit from a token flywheel driving demand among MEV searchers and stakers, L2s need to rework their tokenomics to capture similar value and provide more than governance rights. L2 development must shift in operational mindset and token design to ensure robust economic incentives for holders.
2025.03.27·links.tldrnewsletter.com·4 min read·TLDR Crypto Prominent viral app creator Nikita Bier has joined Solana as an advisor to help build App Store chart-topping experiences.
Plasma is a blockchain purpose-built for stablecoins that aims to tap into the immense market opportunity driven by global demand for stable and reliable currencies.
2025.03.27·links.tldrnewsletter.com·2 min read·TLDR Crypto The Senate voted 70-28 to repeal an IRS rule that expanded the definition of a “broker” to include crypto participants like miners and wallet developers, requiring them to report user transactions.
2025.03.27·links.tldrnewsletter.com·3 min read·TLDR Crypto Sonic Labs saw explosive growth in March, with TVL surging from $619M to $985M and bridged USDC more than doubling to $327M.
World Network is in discussions with Visa to integrate onchain card features into its self-custody crypto wallet. If integrated, World Wallet would be capable of stablecoin payments, fiat on and offramping, and transactions with merchants worldwide. The move builds on recent developments like the World Chat application and crypto-based transfers, positioning World Network as an all-in-one fintech solution.
Circle has announced local partnerships, including a joint venture with SBI Holdings, to drive USDC adoption in Japan. Major exchanges in the region are planning to launch support for USDC, which will be the first global dollar stablecoin approved under Japan's stablecoin framework. The goal of the initiative is to improve digital payment solutions and liquidity within Japan's digital finance ecosystem.
Mizu and Hyperbeat have launched HyperEVM Vaults, a new way to automate liquidity deployment into top Hyperliquid protocols, offering yield and rewards from asset issuers and ecosystem partners. By depositing assets into these vaults, users can access diversified DeFi opportunities while supporting emerging protocols with liquidity solutions.
2025.03.26·links.tldrnewsletter.com·5 min read·TLDR Crypto BlackRock is expanding its blockchain-based money market fund, BUIDL, to Solana, allowing crypto investors to park cash with yield-earning capabilities on a fast-growing blockchain. This move aligns with the broader trend of financial tokenization, as BlackRock and other major firms push to integrate traditional finance with blockchain technology.
Web3 venture funding has declined significantly from its 2022 peak, with early-stage capital still available but concentrated in fewer, higher-value deals. As token liquidity dries up, investors are focusing more on long-term growth and profitability, making it harder for founders to raise funds without clear market potential.
2025.03.26·links.tldrnewsletter.com·8 min read·TLDR Crypto The “Where Money Moves” newsletter highlights major trends in stablecoins, including Stripe's $1.1B acquisition of Bridge, Trump's push for stablecoin legislation, and Tether's massive US Treasury holdings. With stablecoin adoption surging past $229B in supply and transaction volumes hitting trillions, the industry is evolving into a parallel financial system.
Several VC-backed crypto projects are deliberately obscuring the true circulating supply by maintaining a high reported float while keeping the real float artificially low. Examples such as Mantra and Movement illustrate tactics like centralized token control, manipulated airdrop claims, and strategic backroom deals to facilitate price manipulation. Crypto is in dire need of transparent reporting and stricter regulatory oversight.
2025.03.26·links.tldrnewsletter.com·8 min read·TLDR Crypto Crypto AI and DeFI enable autonomous agents to optimize capital flows, yields, and risk management onchain, surpassing the capabilities of traditional Web2 systems. Nascent agents are leveraging decentralized data sources, token incentives, and open infrastructure to create unique moats that empower them to operate autonomously and with a higher level of intelligence than standard models or frameworks allow by default. AI furthers the programmability and capabilities of onchain primitives like stablecoins, real-world assets, and lending markets, potentially paving the way for a “Darwinian evolution” of decentralized agents moving value across the internet.
2025.03.26·links.tldrnewsletter.com·7 min read·TLDR Crypto The SEC has officially dropped its inquiry into Immutable with no enforcement action, marking a major win for Web3 gaming and digital ownership rights.
Nikita Bier shares a shift in perspective on crypto, citing a more favorable regulatory environment, increased App Store support, and Solana's growing mobile adoption as key factors making the space more attractive for consumer product builders.
Crypto investing involves strong emotional signals, with early-stage investors betting primarily on founders and information asymmetry, fully aware that most projects will fail but the few successful ones will more than compensate.
2025.03.26·links.tldrnewsletter.com·5 min read·TLDR Crypto Patrick Collins, a security researcher, tested nine popular cryptocurrency hardware wallets, evaluating them on security, open-source transparency, and ease of verifying transaction data.
Fidelity plans to register a tokenized version of its US Treasury Digital Fund, “OnChain,” on Ethereum for improved transparency and tracking. While the blockchain will serve as a secondary, reconciled record of share ownership, official records will continue to be maintained via traditional book-entry systems. If approved, it is expected to go live on May 30. The $80 million fund is primarily composed of US Treasury bills.
The dYdX Community has launched its first-ever buyback program, allocating 25% of net protocol fees to monthly buybacks to reduce circulating supply and increase network security. This move aligns the token's value with platform growth as dYdX expands its capabilities with new features like spot trading and EVM support, reinforcing its long-term tokenomics and sustainability.