RaaS #551: Prediction Market Go On-Chain on Solana!

Vanguard Opens Crypto Floodgates, AI Agents Now Exploit Smart Contracts, and Moar!

Kalshi is now tokenizing its prediction markets on Solana, right as the platform hits a record $5.8B in November volume (over 32% MoM). Polymarket also posted a massive $3.74B (over 23.8%), confirming what we've all been saying: 2025 is the year of “betting on everything.”

Zama is selling 10% of its token supply via a sealed-bid Dutch auction on Ethereum using its own FHE tech, meaning all bids stay fully encrypted. Zero gas wars, zero sniping, full unlocked at launch. This is how you do a fair auction without turning CT into a war zone.

Strategy’s market cap is now $10B lower than the value of the BTC it holds. Yes, really. MSTR is down 12% on the day and 57% from October, while it still holds $55B in BTC. Even after subtracting $8.2B debt, the company’s net Bitcoin still exceeds its entire market cap. Markets officially make no sense.

Coinbase’s x402 Facilitator will introduce a tiny fee in January 2026: first 1,000 payments free, then $0.001 per payment. A rounding error, but enough to keep the service sustainable long-term.

Maybe the real treasure was the L1s we met along the way.

Fogo just activated incentivized USDC transfers on mainnet, with retroactive and ongoing XP via Wormhole’s Portal Earn “Blaze” module. Every bridge is a ticket toward something spicy.

Anthropic confirmed that AI agents are now autonomously discovering smart contract vulnerabilities and exploiting them in simulations, jumping from 2% to 55% exploit success in one year. We are officially in the era of AI-powered zero-day hunters.

Your daily dose of bite-sized crypto news.

1. Opinion Labs just crossed $5M in trading volume in just 5 weeks after launch.

2. A 2009-era miner wallet woke up after 15.7 years, moving 50 BTC ($4.3M) like it was nothing.

3. Base Rewind 2025 is live, giving everyone their own on-chain Spotify Wrapped for the Base ecosystem.

4. Supermarket Giant Spar starts accepting Bitcoin and crypto payments in their new Swiss app.

5. FDUSD issuer, First Digital, plans to go public via KOYN merger, pushing stablecoin infrastructure deeper into traditional markets.

Franklin’s EZPZ Crypto Index ETF now includes BTC, ETH, SOL, LINK, DOGE, ADA, XRP, and more, broadening Wall Street’s on-chain exposure in one sweep. Its major expansion of the EZPZ fund began on December 1, 2025.

Sony Bank has partnered with Bastion to launch compliant stablecoin services, joining the parade of TradFi giants adopting regulated tokenization rails.

I don't even want profit. I just want to break even.

Top gainers: PRIME, PIPPIN, UAI, PAPARAZZI, VRA

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

1. Aaron Jmars highlighted Robin Hanson’s argument that markets beat experts because they punish bad takes with money, not vibes, from LMSR to futarchy. His core idea is simple: bet on beliefs, not perform them.

2. LLMs crush academic benchmarks, but fail in real markets. Alpha Arena shows models lose money under real-world entropy, proving we need new architectures and feedback loops grounded in reality.

3. Big Wiz dropped a megathread listing 52 tools and platforms to level up your trading, arguing that in today’s market, you can’t rely on slow execution or bad data anymore.

4. DeFi Cheetah argues that non-USD stablecoin demand is inevitable and that on-chain FX needs purpose-built venues. The USD stays dominant, but a 99.8% market share is a fantasy.

5. MoMA’s new director named the CryptoPunks book a top read of 2025, cementing punks as cultural artifacts rather than pure speculation and pushing NFTs deeper into mainstream art discourse.

Vanguard, yes, the famously conservative $11T asset manager, will let clients trade cryptocurrency ETFs and funds starting tomorrow. The biggest anti-crypto giant just capitulated.

With help from Plume and Dinero, Yearn Finance recovered 857.49 pxETH (~$2.39M) from the attacker’s movements. Funds will be returned to affected users as recovery continues. A rare W after a rough day.

That’s all for today!