RaaS #541: Aster Launches $10M Trading Competition!

Cloudflare Rugged Half the Internet, DappRadar Shuts Down, and Moar!

Cloudflare broke the internet today (literally), taking ChatGPT, X, Canva, Arbiscan, DefiLlama, and a long list of other websites offline. DownDetector lit up with user reports across multiple regions as anything touching Cloudflare’s network went dark. Even Cloudflare’s own stock (NET) dipped 3.5% pre-market on the chaos.

Vitalik pulled up at Devcon and showed off Kohaku, Ethereum’s new privacy framework that makes on-chain privacy way easier to use. It’s built by the Ethereum Foundation and gives developers plug-and-play privacy tools instead of forcing them to reinvent the wheel. Vitalik summed it up best: “Privacy should be normal.”

Mastercard is teaming up with Polygon to make sending crypto as simple. No more long wallet addresses, everything becomes human-readable. Mercuryo handles KYC in the background, while Polygon delivers its usual fast and ultra-cheap transactions. And yes, even with Mastercard involved, you still keep full self-custody of your assets.

Saylor bought the dip again, adding 8,178 BTC to Strategy’s already insane stack. They now hold 649,870 BTC, worth around $48B, with an average price of $74K. The man really does not miss a buying opportunity.

We live in a society.

Aster just launched Double Harvest, a new trading competition running from November 17 to December 21. Every perp trade now gives you points for their airdrop program stage 4 and a chance to win in the weekly prize pools. No ASTER needed, just trade and you’re in.

Monad’s ICO on Coinbase pulled over $104M in requests in under 24 hours. In this economy? We consider that a W.

Your daily dose of bite-sized crypto news.

1. The UFC has chosen to partner with Polymarket as its Exclusive and Official Prediction Market.

2. Anoma goes live on Ethereum with its Protocol Adapter enabled native intents.

3. Revolut chose Polygon as the go-to crypto rail for payments, trading, and staking.

4. Framework, Sky, and Layer Zero raised $37M to build the Y Combinator for Stablecoins: Obex.

5. Fidelity, one of the world's largest asset managers with $6.4 trillion AUM, launches Solana ETF on NYSE: FSOL.

On the sadder side of the day, DappRadar announced it’s shutting down after 7 years. The RAD token dumped 38% instantly. End of an era for one of crypto’s oldest discovery tools.

Hayden Davis just bought another $62M worth of Solana. Yes, the same team behind the infamous LIBRA rug, the one the President of Argentina accidentally shilled before it rugged in under two hours, is now loading up on SOL. What do they know?

Is this deja vu?

Top Gainers: XAN, Coin 67, OOB, LILPEPE, WKC.

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

1. Wintermute says last week’s crypto selloff wasn’t a structural break; it was just a macro flush after rate-cut expectations dropped. BTC slipped under $100K, but global easing still supports the market, so sentiment should recover.

2. CoinMarketCap releases its October CEX insight, mentioning it as a defining month for CEXs with Gate pulled ahead in record spot share, explosive L2 adoption, and a Perp DEX breaking $1B volume.

3. RedStone and Stablewatch say the GENIUS Act has officially split stablecoins into two camps: simple payment coins and a chaotic mix of yield-bearing stablecoins (YBS) that look similar on the surface but carry wildly different risks.

4. Alana Levin from Variant Fund published the Crypto Trends Report for 2025, covering five key thematic areas – macro, stablecoins, centralized exchanges, on-chain activity, and frontier markets – to predict where the industry may be headed.

5. Tether made a new strategic investment in Ledn, expanding opportunities in Bitcoin-Backed Lending.

And in AI news, Sentient opened its airdrop registration, finally rewarding the people who actually built and tested the ecosystem. Contributors can link their wallets, Sentient Chat, Discord, and X accounts to check eligibility, with Billions handling sybil protection through a quick one-time selfie. Registration is open until November 29, 2025, and Season 2 tracking is already underway.

And lastly, to give you bears some hope in this market, Cameron Winklevoss declared this is the last time Bitcoin will ever be under $90K.

That’s all for today!