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subtl daily briefing
Latest Developments
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Everything else in the news today
Ethereum trades at ~$326B with only $64M in annual revenue, sparking debate on whether revenue matters for token valuations.→
UNI (+85%), AERO (+68%), and SKY (+56%) are rallying as revenue-generating tokens with fee switches.→
NEAR Intents lost $3.8M to a bridge exploit, and Ondo launched BlackRock-backed portfolios.→
Jessica Hamzelou joined a 500-person competition to reverse biological age over six months.→
Thore Graepel left Google DeepMind to pursue a fresh approach to machine reasoning based on AlphaGo.→
OpenAI says rogue AI agents may have affected over 100 organizations, prompting a 50-petabyte search.→
Open USD went live as Stripe's default stablecoin, with reserve income passed to distribution partners.→
Lloyds settled $750,000 with Visa in USDC, while UK banks completed first live tokenized sterling deposit payments.→
Dune found 23 of 26 tokenized money funds have never traded onchain, with only 0.4% of supply pledged in lending markets.→
MetaMask Staking exits Lido validators after infrastructure compromise, with up to 45 days to re-enter.→
Hyperliquid matches centralized exchange depth on four of five assets and costs less all-in, per Castle Labs.→
SEC proposes letting investment advisers self-custody client crypto under strict conditions.→