RaaS #526: Arc's Public Testnet Live!

ETHZilla Sells Approximately $40M ETH, Securitize to go Public at $1.25B Valuation, and Moar!

PayPal is integrating into ChatGPT, letting users check out with a few taps. Businesses using PayPal can list products inside ChatGPT with no extra work. As ChatGPT’s commerce layer grows, PayPal positions itself as the default rails for agentic shopping.

X is retiring support for Twitter domain-based 2FA keys. By Nov 10, users with Yubikeys or passkeys must re-enroll on the website. This doesn’t affect app-based 2FA. Prompting will be automatic, or users can re-enroll proactively via settings.

Want a sharper read on crypto markets? Track funding rate trends (Lori), smart money sentiment (Polymarket), whale positions (Hyperliquid), and capital rotation via majors vs sectors (Artemis). Build your edge by knowing more than others.

Is Monad a gud chain or a bad one?

Jupiter expands its prediction market with 6 new listings, blending sports and politics, from NBA and F1 to Trump’s potential BTC reserve. A step deeper into on-chain forecasting.

Solana airdrop hunters, take note: here’s a 14-protocol guide covering easy-to-farm plays like lending stables on Loopscale, Hylo, Huma, and trading perps on Ranger. Most require little capital and no advanced steps.

Your daily dose of bite-sized news to stay updated.

1.  Circle launched the public testnet for Arc, its payments-focused blockchain.

2. SoFi plans to launch crypto trading by the end of 2025 and a USD stablecoin in H1 2026.

3. ETHZilla sold $40M in ETH to fund a share buyback, triggering a 14% stock surge.

4. Ripple launches an academic advisory council to deepen research ties and expand development of the XRP Ledger, with David Schwartz (CTO) joining it.

5. S&P Global has issued a ‘B-’ credit rating with a stable outlook to Michael Saylor’s firm, MicroStrategy.

Solana just got its first SEC-approved ETF: BSOL by Bitwise. TradFi now has a compliant gateway to Solana exposure, marking a major step in SOL’s institutional adoption arc.

You should just tweet the first thing that comes to mind (said no one ever).

Top Gainers: VULT, PUFFER, FIGR_HELOC, SKI, BGSC.

High-signal reads are worth your time, all in one place.

1. DATs are equity-funded wrappers for crypto treasuries like BTC/ETH. While MSTR leads with $70B NAV, dilution, leverage, and mNAV risk make it volatile and often underperform the underlying assets.

2. Standard Chartered says Bitcoin may “never go below $100K again” if U.S.-China talks go well.

3. Securitize will go public via Cantor SPAC at a $1.25B valuation, becoming the first tokenized securities infrastructure firm to list. Backed by BlackRock and ARK, it plans to tokenize its own equity and target the $19T RWA market with $469M in new capital.

4. Trump Media plans to launch Truth Predict, a U.S. prediction market on Truth Social using Cryptodotcom’s infrastructure. Users can bet on politics, inflation, sports, and more, with a global rollout planned.

5. Markets rebounded after a softer CPI (3.0% YoY), improving Trump-Xi relations, and ETF inflows. BTC reclaimed $115K as DeFi and AI led the rally.

Icebergs, spoofs, partial fills, Spicy breaks down how pro traders hide size, bait reactions, and exploit orderbook psychology. Useful primer if you’re trying to read the tape instead of getting played by it.

Aster’s S3 buyback will be fully on-chain, with repurchased tokens stored in the same address as S2. Airdrop distribution will begin after the buyback, starting from the buyback wallet. Any shortfall will be covered by the reserve.

That’s all for today!