🍿 3 Plot Twists From the Last 24 Hours

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They’ve already released some pretty cool crypto-themed games, and with football (not soccer) season back, their upcoming sportsbook couldn’t be dropping at a better time.

So if you fancy a punt, go have a play. Just remember, as always: gamble responsibly.

GM!

SBF is back with his two cents.  

Via a 15 paged doc, he claimed that Alameda Research and FTX were "never insolvent.” Man also said that customer funds could have been repaid in full.

He tried telling the same thing during the his trial, but wasn’t permitted to introduce evidence. In his exact words, 

"The crisis FTX faced in November 2022 was a liquidity crisis, i.e., a sudden shortage of cash. It was on track to be resolved by the end of the month - that is, until FTX's external counsel seized control."

SBF also said that lawyers were "heavily incentivized" to file for bankruptcy. In fact, they were the ones who made it seem that the company was "hopelessly insolvent" and a "dumpster fire."

While one section of folks sympathized with him, most others ratio’ed him. Zach, for instance, said, “You clearly have no learned from your time spent in prison thus far and repeat the same misinformation like before.”

In other news, MEXC is being attacked left-right-center after its fund freezing-unfreezing episode. 

And then, we’ve had the Garden Finance drama unfold in the background. An unhinged message, likely dropped by Zach, highlights how the team ended up profiting nearly 6 figures “at minimum” in fees generated from stolen funds. 

They’ve been non-corporative whatsoever, leaving the victims out to hang out in the dry by themselves. 

Zach, in turn, has encouraged the hacker to not return funds from the latest exploit, affirming that he won’t track the funds. 

Sheer popcorn-worthy drama.

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The important bits.

• Mark prices for PreStocks are now featured on the Jupiter Exchange Stocks Screener - read more 

• XPL is now live on Unchain - more here

• Kyan introduces Kyanite Krystals - read here

• A LinkedIn profile falsely claims to be part of the Pyth Network BD team, beware - deets here

• LayerZero helped Plasma launch liquid - here’s how

• Over 5k Tapestry Zumis are dressed up for halloween -  check it out

• Saga and Velocity DeFi - an explainer 

Even more important bits.

• Tether's annual profits top $10 billion - read here

• Zcash hits an 8-year high at $388 and flips Monero - read here

• Saylor predicts Bitcoin will hit $150k by the end of 2025 despite Trump’s tariff shocks - read here

• It’s the 17th anniversary of the BTC whitepaper - read here

• The European Central Bank announces that a digital Euro could make a formal rollout in 2029 - watch here

Charts and stats of the day.

• $TRUMP trading volume has spiked of late - chart here

• Plasma is on track to facilitate 4% of annual stablecoin transfer volume - stats here

• $ZEC’S price action - chart here

ICYMI.

Today’s bulletin:

Become your own bank.

ether.fi Cash is the real-world spending product we DeFi natives have been waiting for for so long.

It’s time to ditch your bank altogether and embrace the crypto life:

• Spend it directly with no fees on the sale, and earn 3-5% back on every purchase—debit or credit.

• Never sell - live like a billionaire: avoid taxes, compound wealth. Don’t worry about on-and-off ramps or taxes by spending against your balance as credit debt. 

• Pay off your debt with yield + cashback: earn 9% on stables, 7% on ETH, 2% on BTC, with HYPE and SOL on the way.

• Use borrow mode: 70% LTV against your whole portfolio, “only borrow, never sell”

• Keep self-custody, earn big yield, and never pay for instant withdrawals or have your money stuck in a CEX again.

Telemetry data of the day.

Top trending tokens for the last 24h:

If you want to access more of this type of data and trade freshly graduated tokens on PumpFun or Bonk, visit Telemetry here (it’s free).

We’ve a bunch of neobanks that we’re keenly keeping tabs on. 

Ready (known as Argent before) is one such name. It has over 2 million downloads already. The reason? It wants to help folks spend crypto with no fees and earn on Bitcoin and USDC. 

You get cashbacks ranging from 0.5 to 10%, exclusive discounts, and zero foreign exchange fees on your everyday spending using Ready’s crypto debit card. 

The bottom line? They wanna make users feel like they are using an onchain bank app.  

Besides being able to add funds to your Ready wallet via bank transfer, the security features, such as fraud protection, 2FA, no seed phrases, and 100% self-custody, make Ready a really solid neobanking product.

Pretty cool IMO. 

• whybuy.fun (meme discovery platform)

• Rob.Fun (onchain crime simulation game built on BSC)

To save you doom scrolling.

Hilarious, ngl.

I’m done with my three-day duty of taking over the newsletter. Hix0n will see y’all right here in your inbox on Monday! Until then, have a great weekend. 

Lavina 🫡