RaaS #535: Coinbase Launching Platform for Token Sales!

BoE Suggests £20K Cap on Retail Stablecoin Holdings, KuCoin Outperforms in October, and Moar!

You can farm upcoming airdrops on tokenless Perp DEXs like Lighter, Variational, and Pacifica using delta-neutral and funding rate strategies to minimize risk. Methods include long/short positions and farming funding rates.

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Radarblock's latest episode features Wang from Outlight discussing topics like memecoin dynamics, Monad's mainnet, and NFT activity. It offers insights into CT sentiment post-liquidation and is essential for those tracking crypto trends and fundamentals.

My brother in Christ, the Ethereum intern wrote a fifty-tweet thread on Fusaka and its impact on Ethereum. Pretty bullish on this thread, which discusses the 13 EIPs, including a 19-tweet explainer of PeerDAS. Check it out for a more detailed breakdown.

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LATAM Web3 NeoBanks can thrive by leveraging stablecoin accounts and DeFi rails amid high remittances and inflation. Regulatory clarity by 2025 will boost investment. A Brazil-first approach is recommended.

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

1. Bybit is in talks to acquire South Korea’s Korbit. Korbit is the country’s 4th-largest exchange, giving Bybit a regulatory foothold in a tightly controlled market.

2. Coinbase is launching a platform for token sales, with Monad’s ICO slated as the first listing next week.

3. Republic secures $100M in 0% interest financing to scale ETH staking and expand its treasury. Over 90% will go toward ETH purchases.

4. $476M in token unlocks coming this week. One-time events include APT, ARB, AVAX, STRK, SEI, and more. Linear drips span SOL, WLD, ETHFI, and TRUMP.

5. Strategy added 487 BTC at $102.5K each, pushing their holdings to 641,692 BTC. YTD yield sits at 26.1%.

Tether will invest $150M in Rumble's GPU services, contingent on Rumble acquiring Northern Data. This boosts Tether's AI goals, aiming for a censorship-resistant DeAI stack, building genuine AI infrastructure beyond just buying compute power.

Ethereum L2 apps felt slow due to a 4-second polling interval in Viem, despite 200ms block production. Jarrod Watts identified this, and fixing the interval made apps faster, highlighting the importance of default settings in development infrastructure.

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Top Gainers: JCT, PING, ARRR, COTI, DLC.

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

1. Bitcoin surged past $106K after the Senate ended the U.S. government shutdown. ETH rose 7%, while XRP and SOL rose by 6%. Market relief depends on House approval, highlighting the shutdown's impact on sentiment.

2. Trump suggests $2,000 payments to 85% of Americans using tariff funds, facing potential Supreme Court blockage. Analysts foresee short-term BTC and equity inflows, but long-term inflation and debt risks remain.

3. PIPE’s IBRL transforms bandwidth with an economic overlay, pricing it by latency, reputation, and delivery guarantees. By adding rules and incentives to packets, the internet evolves from simple plumbing to a dynamic market.

4. Success in crypto is about longevity, not quick wins. The author advises learning from past mistakes, like rushing or chasing trends. Key to survival: maintain discipline, avoid overexposure, build conviction, and stay adaptable to remain relevant.

5. The Bank of England suggests a £20K cap on retail stablecoin holdings to manage risks. New regulations include reserve requirements and potential liquidity access. This cautious approach could favor GBP-backed tokens, with final rules expected by 2026.

DeAI and robotics are rapidly converging with mature AI infrastructure and tokenized robots. Key developments include ICP’s Caffeine update, subnet tokens on CEXs, tokenized robo-farms, and new AI x DeFi entrants, creating a competitive, capitalized ecosystem.

CEX activity rose in October: Spot volumes up 36%, derivatives 27%, traffic 5%. KuCoin led with significant gains in trading, while some platforms saw declines. Trading volume is recovering, but quality varies, with KuCoin potentially using aggressive strategies.

That’s all for today!