Author: John Smith
AI launchpad Clanker’s new ecosystem fund will recycle most protocol fees on Base into CLANKER buybacks, grants, and infra for Farcaster’s creator community. Summary AI launchpad Clanker, now owned by Neynar via its acquisition of Farcaster, has launched the Clanker Ecosystem Fund to recycle protocol fees back into builders. The fund has already deployed $8 million to buy 14% of the CLANKER supply, with future fees earmarked for infrastructure and community initiatives across Clanker and Farcaster. Clanker has generated over $50 million in cumulative protocol fees on Base since late 2024, cementing it as one of the highest‑earning SocialFi primitives.…
Coinglass’ Bitcoin liquidation map shows a $1.143b long wall below $65k and a $754m short pocket above $68k, turning a small move into a potential $1.9b forced‑flow event. Summary Coinglass data indicates that if Bitcoin drops below $65,000, cumulative long liquidation intensity on major centralized exchanges reaches an estimated $1.143 billion. If BTC instead breaks above $68,000, cumulative short liquidation intensity on mainstream CEXs climbs toward roughly $754 million. The map measures liquidation “intensity” rather than exact contract counts, highlighting where price moves are most likely to trigger outsized liquidity waves. Derivatives analytics from Coinglass show Bitcoin (BTC) perched between…
The United States Commodity Futures Trading Commission and the Department of Justice have filed lawsuits against Illinois, Connecticut, and Arizona over the federal government’s authority to regulate prediction markets. Summary The CFTC and Department of Justice have sued three states, arguing that prediction markets fall under exclusive federal derivatives oversight. Illinois and other states had issued cease and desist orders, claiming event contracts violated local gambling laws and licensing rules. According to a complaint filed against Illinois Governor JB Pritzker, Attorney General Kwame Raoul, and the Illinois Gaming Board, the state gaming board improperly classified event contracts as “wagers” or…
Researchers at Google DeepMind have warned that the open internet can be used to manipulate autonomous AI agents and hijack their actions. Summary DeepMind researchers have identified six attack methods that can be used to manipulate autonomous AI agents as they browse and act online. The study warned that hidden instructions, persuasive language, and poisoned data sources can influence agent decisions or override safeguards. The study titled “AI Agent Traps” comes as companies deploy AI agents for real-world tasks and attackers begin using AI for cyber operations. Instead of focusing on how models are built, the research looks at the…
Japanese and South Korean equities advanced on Friday after a late rebound on Wall Street, as traders bet that tensions in the Iran war may be edging closer to a managed outcome. Summary Nikkei 225 and Kospi rose 1.4% and 2.7% respectively after a late rebound in US stocks on hopes of easing tensions in the Iran war. Oil prices stayed elevated above $110 despite easing from highs, as fresh US strikes on Iranian infrastructure intensified geopolitical risks. Crypto equities were mixed, with mining stocks gaining while Coinbase, Robinhood, and Strategy shares declined. Japan’s Nikkei 225 rose 1.4%, while South…
Circle plans to launch its own version of wrapped Bitcoin on the Ethereum network to target institutional markets. Summary Circle plans to launch cirBTC on Ethereum, a 1:1 bitcoin backed wrapped asset targeting institutional markets. Wrapped Bitcoin allows BTC to be used on networks like Ethereum, giving institutions access to decentralized finance applications. In a Thursday announcement, stablecoin issuer Circle said it plans to introduce cirBTC, a token that is backed 1:1 by bitcoin and aimed at over-the-counter desks, market makers, lending protocols, and other institutional participants, framing the asset as a “highly secure and neutral version of wrapped BTC.”…
Summary Fundrise’s Innovation Fund VCX will be tokenized into a new asset called VCXx in partnership with Kraken’s xStocks platform. VCXx will provide onchain exposure to late-stage private tech companies such as SpaceX, OpenAI, Anthropic, and Databricks through a single token. Eligible investors will be able to buy VCXx using USDG or U.S. dollars, with tokens designed to integrate into broader onchain trading, collateral, and DeFi strategies. Technology investment platform Fundrise is partnering with crypto exchange Kraken to tokenize shares of its Fundrise Innovation Fund VCX, according to reporting from Crowdfund Insider. The deal will see the publicly listed VCX…
Uniswap has deployed v2, v3 and v4 on Consensys’ Linea zkEVM, bringing its full DEX stack to a low-fee, EVM-equivalent rollup now integrated across the Uniswap app, API and wallet. Summary Uniswap has deployed v2, v3 and v4 of its protocol on Linea, a zkEVM Layer 2 network built by Consensys. Linea support is live on the Uniswap web app and API, with Uniswap Wallet integration on iOS and Android rolling out gradually. The launch extends Uniswap’s multichain strategy to a low-fee, EVM-equivalent rollup that is natively integrated into the Consensys stack. Uniswap has announced that Uniswap v2, v3 and…
Riot moved about 500 BTC in what analysts say is fresh selling, adding to a wave that’s seen listed miners dump over 15,000 BTC even as treasury firms like Metaplanet keep accumulating. Summary Riot Platforms moved about 500 BTC from a company wallet this week, in what on-chain analysts say likely reflects fresh selling, according to Cointelegraph. MARA Holdings recently sold roughly $1.1 billion in bitcoin (about 15,133 BTC) to buy back convertible bonds, and listed miners have reportedly unloaded over 15,000 BTC in recent weeks. Bitcoin treasury firms such as Metaplanet continue to accumulate, underscoring a split between miners…
Summary The Central Bank of Nigeria has launched a supervisory pilot for virtual asset providers, selecting KuCoin alongside five local fintech and crypto firms. The program focuses on AML, CFT and CPF compliance in line with FATF standards, requiring detailed reporting and upgrades to governance, monitoring and Travel Rule controls. KuCoin’s inclusion underscores its push to align with national regulatory frameworks in major emerging markets, rather than operating purely offshore.news. The Central Bank of Nigeria has launched a pilot supervisory program for Virtual Asset Service Providers and selected a first cohort of six entities, with KuCoin standing out as the…