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- 👀 'Dry Powder' on Deck: What's Cooking?
👀 'Dry Powder' on Deck: What's Cooking?
PLUS, Kintsu is now live on Monad mainnet!
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. There’s a mix of quick spins and deeper plays, so you can poke around and see what you like.
It’s easy to jump in. Just hit the link, sign up and have a look around.
Worth exploring if you haven’t already. And as always, gamble responsibly.
GM!
It’s funny how we’ve not spoken about the Carbongo chain split plot twist yet.
What began as a debugging experiment by an independent developer quickly spiraled into a full-scale incident that fragmented the blockchain into two competing chains, and Charles eventually roped in the FBI to look into the issue.
Someone called ‘Homer J’ admitted to triggering the split. Bloke was just vibe coding.
Charles, however, feels this was a “premeditated attack.” In his words, “He's (Homer J) trying to walk it back because he knows the FBI is already involved.”
Tbh, no one is happy with what Charles did and this incident has turned into a full blown meme fest on CT.
Parallelly, an IOG developer ‘effectfully’ announced his resignation. “I didn't realize there was a risk of getting raided by the authorities because of that” he tweeted.
I mean, if honest development errors now carry legal risk, who’d even wanna stay back?
The market, on the other hand, is busy playing musical chairs: this minute it's recovering, giving hope that the bottom is in, the other minute it’s dumping like Satoshi moved his coins.
But, the good news is, people have dry powder lying on the sidelines. They’re just waiting for the right time to start allocating.
Parked stablecoins usually act like a compressed spring. Upon a price correction or macroeconomic stabilization, they could provide the fuel for “a new explosive move.”
👇 And if you haven’t yet, hit subscribe below 👇
The important bits.
XO Market introduces multi-outcome markets, read here.
Almanak Collective revealed, details here.
Unit has integrated the OFT Standard for ERC-20 tokens; deposits are live via Stargate, details here.
Solana becomes Tapestry's first brand partner in the Zumiverse, read here.
Kyan’s Layer3 campaign is live and ongoing, details here.
Even more important bits.
Lawsuit alleges Binance “knowingly assisted” Hamas operations, read here.
Galaxy Digital considers partnering with Polymarket and Kalshi as a liquidity provider, read here.
Exodus buys W3C in a $175 million deal aimed at expanding its crypto payments infrastructure, read here.
Japan plans stricter oversight for crypto exchanges with new reserve requirements, read here.
Memecoin tied to World Liberty founder jumps 130% following nod from Trump-linked crypto project, read here.
Charts of the day.
Bitcoin RSI drops, chart here.
Puell multiple trend, chart here.
Bitcoin reserve shift, chart here.
ICYMI.
Today’s bulletin:
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).
Kintsu just went live on Monad mainnet, bringing a sleek, DeFi-first spin to liquid staking. It introduces sMON, a capital-efficient LST that lets you stake MON while keeping your assets fully liquid for DEXs, lending, perps, etc. Put simply, you can stake and still deploy your assets everywhere else.
Rewards auto-compound, the non-custodial box is checked, and the whole thing plugs cleanly into DeFi without the usual PoS handcuffs.
On Kintsu’s community-curated validator marketplace, delegations are steered by the Kintsu DAO using the KSU token. Validators compete on performance, MEV strategies feed back into yields, and decentralization is baked into how the system allocates stake.
Backed by a $4 million seed round (Castle Island, F-Prime, Brevan Howard Digital, Spartan, Animoca, CMT), the protocol aims to solve staking’s pain points: locked liquidity, high barriers, low flexibility, while positioning itself as a core “money lego” for Monad’s high-throughput world.
Early users can start farming points. That’ll play a direct role in determining the allocation of KSU.
Kintsu is just getting started. There’s a lot more coming your way!
Titanium Finance, a regulated BVI SPC hedge fund on Base
Sunrise, a protocol that bridges newly launched assets from external chains to Solana
To save you doom scrolling.
Our first interview from Argentina. If you haven’t watched it yet, you know what to do!
The current market might not be what we all have envisioned the end-of-the-year price action to be; however, irrespective of the bearish news and outflows, the tables will end up turning.
When? Well… time will tell.
Edyme, Lavina 🫡
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