YEET.com has been doing some cool stuff lately in the crypto casino space, so we’re giving it a shout-out for anyone who’s been meaning to check it out.
They’ve been putting out a bunch of fun, crypto-themed games with plenty more coming!
I mean, check out the roster, plenty to choose from, plus it’s as easy as registering here and having some good old dicy fun:
GM!
Bitcoin is currently trading at the brink of $80,000 but Revolut users were shocked when they saw “$0.02” flash on their screen this morning.
Imagine waking up, logging in and seeing BTC being traded at just two cents. Don’t know about you, but I’d go all in.
Not one, not two, but multiple users got notifications about the price discount.
Alas, it was all either a liquidity glitch or a pricing display issue.
Meanwhile, Coinbase seems to be on a slippery slope. First and foremost, the exchange has been down for god-knows how many hours because of the AWS outage. Per their official update messages, they should begin the process to re-enable trading “shortly.”
People didn’t hesitate. Everyone’s only response on the TL revolved around, “Guess they shouldn’t have fired all those people to put AI in the driving seat,” “They fired their employees, they started using AI, now they’re down for like 5 hours, yeah AI will replace humans.” Peak mockery.
Alongside, they dropped their quarterly report. Analysts had expected a profit of 27 cents per share, but the company instead recorded a loss of $1.49 per share. What’s more, their revenue also missed expectations ($1.41 billion vs. $1.52 billion expected).
Armstrong however feels there’s a “generational shift” happening and Coinbase is “uniquely positioned” to capture it. Big, fancy, corporate-y phrases, smh.
That said, there have been quite a few positive updates on the crypto front for the company. It’s all summed up nicely here by the man himself.
Other Wall Street firms, on the other hand, are lurking right into the crypto arena. Right from JPMorgan to Morgan Stanley, BlackRock, BoA, City Group, and Fidelity, everyone is looking to expand their digital assets team.
In other unrelated news, the US Department of War has started dropping UFO files and images showing so-called unidentified anomalous phenomena. The files are filled with unresolved cases and the public has been asked to “make up their own minds” about whatever’s in there.
The verdict? “Looks like some shit I did in Paint when I was 8 years old, lmao,” “Looks like the Egg came first. Not the chicken. Knew it,” “Epic. Distraction,” “We got alien confirmation before GTA 6, we are blessed,” “I want to believe.”
UNHINGED MAX.
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ETH MILAN. May 21-22.
Coming up! Italy’s leading Ethereum conference, hosted at Leonardo da Vinci’s Museum of Science and Technology. Pretty wild setting for a crypto event, and naturally, blocmates will be there making everything look cinematic.
Join 2000+ attendees and 100+ speakers
Here’s a full summary of speakers for those of you interested
The important bits.
LI.FI becomes a provider for Arc’s Swap Kit, enabling developers to build swaps across major chains in under 10 lines of code, details here
Pyth Pro is now powering Indigo’s synthetic asset infrastructure on Cardano, details here
LI.FI launches AI Vibeathon, details here
You can build any crypto app for free on Surf Studio, details here
Tuyo announces a Buy Now, Pay Maybe feature for their card, check here
Even more important bits.
Coinbase experiences service disruptions due to an AWS outage, details here
The US added 115k jobs in April, details here
Are privacy tokens overhyped? Watch here
Circle mints 250,000,000 USDC on Solana, details here
CZ says he’s been trying to avoid the US lately, watch here
X launches embedded cashtag charts and prices directly in posts, details here
Japan is moving government bonds onchain with 24/7 trading, details here
Charts and stats of the day.
Total stablecoin supply added another $3 billion over the past week to reach a new ATH, chart here
Morpho continues to gain ground in DeFi lending, chart here
Lastly, our daily Telegram bulletin is back! Join in right here and stay on top of everything, every day.
By this point, I’m sure everyone’s familiar with how perps work. What most don’t know, however, is that there is an entirely different world called options, which, if mastered, can provide superior risk-reward asymmetry and versatility.
To illustrate my point, here are some strategies you can use on Kyan, a derivatives platform that recently opened its doors to the public.
If you're worried about a price drop, a put option acts as a cheap insurance policy for your bag. If you've got conviction on a price move, calls and puts let you speculate with defined downside - you can only lose what you paid for the option.
Sitting on ETH and not expecting fireworks? You can underwrite (sell) options to earn yield on holdings you're already comfortable holding.
And if you want to get really creative, Kyan's Combo tab opens up multi-leg strategies that go well beyond basic directional bets. Think volatility plays, time-based positions, and fully custom payoff structures.
TL;DR: Kyan's portfolio margin system and combo builder enable both simple call/put trades and sophisticated multi-leg strategies that combine options with perps, which is not possible on a vanilla perp platform like Hyperliquid.
So, if you have the knack for this sort of thing (IQ higher than mine), Kyan might tickle your pickle like no perp platform ever will. Try it out here.
Grant sat down with fomo co-founder, Se, to showcase why the fomo terminal is the best and most fun way to trade crypto. Period.
While everyone is talking about neobanks, interest in Pokémon cards and other collectibles is going parabolic. Check out this Dune dashboard.
The AI news & updates.
Agents deployed on AWS can now pay for services in USDC, with settlement on Base. Read here.
DeepSeek is looking to raise 50 billion yuan, read here
Perplexity’s Personal Computer is now available to everyone on Mac, read here
OpenAI launches new voice intelligence features in its API, read here
DeepSeek to release updated v4 model in June, read here
Cloudflare lays off 1,100+ employees through email as it restructures for the “agentic AI era,” read here
All about ChatGPT’s new “duty” to warn, details here
AI tutorial of the day.
Have you ever wanted to create Pixar-level 3D animations? I’m sure you have, so here is a step-by-step tutorial.
AI article of the day.
Using AI for just 10 minutes might make you lazy and dumb. It’s always a double edged sword, innit? Article link.
Sitting behind a computer screen for 8+ hours can be draining. Our message today is that, no matter how much you have to do, remember to take care of your body.
RWAs this, stablecoins that. What we should be tokenizing are dinosaur fossils. With 6 days left, Jurassic Finance has already exceeded its $200,000 fundraising goal on MetaDAO’s permissionless platform, Futardio. Check it out here.
Other projects worth keeping tabs on:
Unitas Labs, yield aggregator
Fortuna, prediction market trading terminal
Spore, AI research platform
This gentleman just proved why Hyperliquid is one of the most efficient businesses in the world, with a profit per employee figure of $17.5 million. Staggering, isn’t it?
Meanwhile, its centralized counterpart, Coinbase, loses $93,000 per employee.
Use the weekend to take your eyes off the screen. Go touch some grass and we’ll see you back on Monday.
If this was useful, forward it to one person sitting on the sidelines right now. That's how this thing grows. MUCH appreciated.
Lavina, Krix 🫡
