RaaS #528: Ethereum Launches Institutions Portal!

Pavel Durov Unveils Cocoon, MegaETH Raises $1.4B in Public Sale, and Moar!

Hiring in crypto is often skewed by prestige bias; teams over-index on flashy resumes and blue-chip logos, ignoring fit, alignment, and real contributions. The same candidate can be overlooked or overvalued depending on the logo stamped on their CV.

Everyone’s hyping x402, but Coinbase still powers 67% of on-chain agent payments. Most bots aren’t doing anything worth paying for. Until agents save time or earn yield, the infra will outpace demand, and that’s the real coordination problem.

This week on Prediction Thursdays, Yugi chats with Wenlanbo of 42 about liquidity gaps, market-making, and live Polymarket trades. Ends with insights on crypto adoption via prediction markets. Full vid linked below.

Success in crypto is about enduring. Minty lays out a mindset playbook: buy when others won’t, do what others skip, lean into chaos, and bet big when it matters.

On a big enough timeline, nothing is a meta.

Cap Money’s points program has quietly distributed 115B+ points with 83 days to go. If MegaETH launches strongly, early participants may front-run one of the ecosystem’s earliest airdrop signals.

Ethereum just launched a portal for institutions, but the biggest is composable compliance. Institutions want privacy & Ethereum’s betting on ZK & FHE can give counterparties the audit trail and confidentiality.

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

1. Polymarket now requires linking your X account to get a badge.

2. Garden Finance lost $5.5M in a suspected exploit. ZachXBT linked 25% of fund flows to stolen assets, also tied to Bybit and Swissborg hacks.

3. Axios reports MetaMask’s parent firm, Consensys, is accelerating public listing amid improving U.S. crypto regulation.

4. Larry Fink says every currency, ETF, and asset will be tokenized, with a global settlement layer linking them.

5. Blockworks shuts down its newsroom to focus on growing its data analytics business.

Polymarket’s Liquidity Rewards pay traders daily for placing smart limit orders near the market midpoint. Precision, not volume, earns payouts. Even small accounts can farm USDC rewards by narrowing spreads in low-competition, high-reward markets.

GM to Web3 marketers.

Top Gainers: AURORA, JELLYJELLY, ANVL, CREPE, B.

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

1. Despite Polymarket and Kalshi’s lead, prediction markets are still early. Solving liquidity, UX, parlays, permissionless creation, and oracle design opens a massive room for new players.

2. Content creation is a compounding game; repetition builds trust, data sharpens direction, consistency multiplies luck, and momentum creates leverage.

3. Dare Market raised $2M to launch a platform where users earn crypto by doing viral dares. Unlike past stunt coins, it promises safety via human & AI moderation.

4. Telegram’s Pavel Durov unveiled Cocoon, a DeAI network on TON. Users can earn TON by sharing GPU power, enabling AI usage without centralized data risks.

5. Securitize and BNY Mellon launched a tokenized fund backed by AAA-rated CLOs, with Grove anchoring $100M. As RWA tokenization tops $35.5B, institutions are pushing high-grade credit and structured finance fully on-chain.

6. TeraWulf is raising $500M to fund a new AI-focused data center in Texas, pivoting from Bitcoin mining to AI infrastructure. Backed by Google and Fluidstack, it follows a $3.7B hosting deal.

le.hl shares profile-building tips after reviewing 300+ CT accounts: short handles (e.g. hl, xbt), NFT/cute PFPs, clean banners, 1:2 follow ratio, no cringe bios. Skip “influencer” tags, let your pinned post do the talking.

MegaETH just did a $1.39B raise in 35 hours, bigger than EOS, Worldcoin, and Arbitrum. Can they now deliver Solana-like speed to Ethereum?

That’s all for today!