e^Win

A research-led, global VC fund believing in crypto's potential to bring positive changes, strategically investing in projects that turbocharge it. 🚀

[Sam Blackshear @b1ackd0g]

I am leaving Mysten Labs and joining Anthropic to work on defensive security research.

[e^Win @Exp_Win_]

Polymarket is reportedly in preliminary talks to raise $1B at a $20B+ valuation—more than doubling its $9B valuation from October 2025.

• Annualized revenue exceeds $1.2B (~17x revenue multiple)
• Intensifying rivalry with Kalshi ($22B valuation)
• US expansion continues to boost USDC settlement volume

The prediction market sector is in full hypergrowth mode. 📈

[ao @aoTheComputer]

The sun has set on LegacyNet, dawning PermawebOS.

The AO token moves to HyperBEAM with verifiable state via [email protected], real-time yield via [email protected], and native AR/AO swaps via [email protected].

First on the new rails: Permaweb Names.

https://t.co/PshUo3B2WD

[CryptoRank.io @CryptoRank_io]

$6.3B Raised vs $40K Revenue in 30D

The crypto winter is real. We analyzed some of the largest projects backed by leading VC funds. Interesting finding: together, they generated about $40K in fees over the pst 30 days.

— Total raised: $6.3B
— Total revenue over the past 30 days: $39.3K
— Annualized revenue: $471K
— Estimated return period at the current revenue rate: 13,381 years

Is it a failure of the business protocol model or a stage of the market?

[Lunar @LunarResearcher]

Anthropic just dropped a free 4-hour Claude engineering course

The closest thing to their internal playbook:

00:15 - How Anthropic engineers prompt Claude
33:21 - The reason Claude gives worse outputs
01:33:39 - Their daily Claude workflow
02:50:56 - The tweak that unlocks better results

This replaces hours of random AI tutorials online

Most people are still asking AI questions.

The best engineers are building systems.

Bookmark and watch it today

Then read the guide below

[CryptoRank.io @CryptoRank_io]

📉 Public Token Sales: From Peak to Slowdown

Q2 2026 recorded just 47 #ICO, #IDO, #IEO, raising only $40M — the weakest quarter in four years.

Compared to the cycle peak:
• Capital raised: -95.3%
• Public sales: -90.5%

Public fundraising is no longer the primary funding route for crypto startups. Capital is increasingly flowing through private rounds, while public sales have become far more selective.

[CryptoRank.io @CryptoRank_io]

📊The Number of Crypto Investors Has Fallen to a Six-Year Low

In Q2 2026, the number of unique crypto investors declined to 651, down from the ATH of 2,564 investors recorded in 2022.

The only period with fewer active investors was 2020, when quarterly participation ranged between 250 and 450 investors.

This trend suggests that venture capital in crypto is becoming increasingly concentrated among a smaller group of specialized investors, while overall market participation remains well below previous cycle highs.

[Kyle Chassé 🐸 @Kylechasse]

Two things happened this week that crypto has been waiting years for.

The Clarity Act cleared the Senate Banking Committee, the first comprehensive crypto regulation bill in US history to make it this far.

And today Powell is out. Warsh is in. Bitcoin hit $126K with Powell.

Now it's Warsh's turn.

The new Fed chair has called Bitcoin "the new gold for anyone under 40," owns crypto personally, and is the first Fed chair in history to walk in with direct exposure to digital assets.

But Warsh inherited 3.8% inflation on day one, which could force him to stay hawkish no matter what he personally believes.

The setup has never been better, but the macro setting has never been trickier.

[Shift4 @Shift4]

We’re pleased to share our Q1 2026 financial results: https://t.co/oQx5V4r1PW

Here are some of the highlights:

🎉 We achieved quarterly records for payment volume, net revenue, Adjusted EBITDA, and Adjusted FCF

📈 Payment volume was up 24% YoY to $56 billion

📈 Gross revenue less network fees was up 49% YoY to $549 million

📈 Adjusted EBITDA was up 39% YoY to $234 million

🍽️ SkyTab merchant count is up 40% YoY

🤝 We signed numerous high-profile new customers across hospitality, restaurants, luxury retail, sports & entertainment, unified commerce, and more

🚀 We are powering the experience economy, enabling businesses to deliver the moments that matter

$FOUR #BoldlyForward

[Kyle Chassé 🐸 @Kylechasse]

🚨 SUI JUST DECLARED WAR ON FEES

Sui will offer $0 fees for stablecoin transfers.

Any amount. Any scale. Completely free.

As stablecoin adoption explodes, Sui is positioning itself as the chain for real-world payments and on-chain commerce.

SUI is not playing around.

[Layergg @layerggofficial]

Uniswap V4 Hook Project List🦄

On April 16, 2026, Unipeg appeared.

Unipeg is a project that uses a Uniswap V4 hook, and it gained attention by launching a token called $uPEG.

Its novel mechanism, where buying $uPEG could earn you an NFT, captivated degens.

Later, news spread that OpenSea’s CMO had bought $uPEG, causing it to surge again.

Many people were probably reminded of Pandora, which became famous for ERC404.

And not long after, a new token called $sato appeared.

Sharp-eyed degens began digging into Uniswap V4.

So we listed projects that use Uniswap V4 hooks.

1. Unipeg $uPEG (@unipegv4)
- A new onchain object.
- Generates a completely unique 24x24 image fully onchain without any external storage or IPFS.
- When purchasing the token, users receive an NFT based on a random function.
- The NFT is a random ‘Pixel Unicorn’ with rarity traits.
- Launches its own marketplace where the NFT can be bought and sold.
- Later gets listed on OpenSea.
- Unipeg was once one of the candidate names for Uniswap

2. sato $sato
- An operator-less Bonding Curve experimental project with no team or administrators involved (everything is fully decentralized)
- The total supply is 21,000,000, inspired by Bitcoin’s maximum supply
- 0.3% bidirectional fee (0.3% buy tax, 0.3% sell tax)
- The fee is permanently locked in the $sato Hook Contract
- Buy = Mint, Sell = Burn
- Supplying $ETH mints $sato
- Once mint supply reaches 99% (2,302 ETH, 20,790,000 $sato), the mint lock is automatically activated fully onchain.
- When the mint lock is activated, buying becomes impossible and only selling remains available.
- Once buying is disabled, minting also becomes impossible → meaning supply expansion permanently stops.
- After the buy lock, users can purchase $SATO through the Uniswap V4 pool.

3. Slonk $SLOP (dev @MichaelHirsch)
- 10,000 small 24x24 images reconstructed and rendered from CryptoPunks.
- Trained on the CryptoPunks image dataset and then deployed fully onchain, allowing the contract itself to directly generate Art (NFTs).
- One Slonk can be burned and merged with another Slonk.
- Advantages of merging:
1. Rarity can evolve into a rarer state.
2. The total NFT supply decreases → reducing circulating supply.
3. The merge count accumulates and can be tracked (similar to enhancement levels increasing by +1 in MapleStory)
- Users can preview the merge result before executing the merge.
- Supplying $Slonk (NFT) mints $SLOP (Token).
- Burning $SLOP (Token) allows users to redeem and withdraw a $Slonk NFT.

4. Hook $HOOK (@hookethmeme)
- beta playbook for $sato
- Uses a bonding curve model
- 0.3% bidirectional fee (0.3% buy tax, 0.3% sell tax)
- The fees are permanently locked in the $sato Hook Contract
- Buy = Mint, Sell = Burn
- Supplying $ETH mints $HOOK

5. Sustainable Pyramid of Assets Where No One Loses Money $SPAWN (dev @Rhynotic)
- A token launchpad created by Tokenworks founder Adam
- Buying $SPAWN triggers a hook that creates a child token with a random name and ticker
- Each child token can also generate additional tokens using the same mechanism
- As the generations progress downward, the creator tax increases incrementally, 1%, 2%, 3%, and so on
- A project designed to satirize the “tokenize everything” meta along with the launchpad and creator fee meta

6. fLaunch $FLAY (@Flaunchgg)
- Token Launchpad

**********************************

💞 Please Like + Retweet if you enjoy this

[Layergg @layerggofficial]

1. Bitcoin spot ETF institutional and retail capital inflows are clearly gaining momentum.

2. February recorded a net outflow of $206.6M, but the trend has sharply reversed with $1.32B net inflow in March and $2.02B net inflow in April, showing accelerating buying pressure.

3. In particular, April’s net inflow increased approximately 53% compared to March, highlighting the strong growth momentum in the ETF market.

4. After a weak February with -$206.6M net outflow, the market fully rebounded in March, led by $IBIT's $1.40B inflow, recording $1.32B net inflow overall.

5. In April, $IBIT once again dominated with a massive $2.01B inflow, driving the total net inflow to $2.02B.

6. $MSBT with $194.4M and $ARKB with $138.0M also showed solid inflows, and despite $GBTC's $278.6M outflow, the overall flow maintained a strong positive trend.

7. Political circles are also showing notable movements.

8. U.S. Representative Sheri Biggs(@RepSheriBiggs) purchased $100 K ~ $250 K worth of @BlackRock $IBIT through her spouse’s account on Mar 4.

9. This investment coincides precisely with the March ETF inflow turnaround, serving as a clear example of politicians’ growing confidence in Bitcoin.

10. With sustained ETF capital inflows and improving $BTC price action converging, market optimism is growing stronger.

11. If the inflow trend continues into May, further upside in Bitcoin price is expected.

Since we’ve already laid out a bullish view before, I’d recommend taking a look at our previous article.

https://t.co/7t72fdCY1a

[Kyle_13 ⓐ @kylewmi]

Arweave/AO 团队又用 HyperBEAM 改了一刀底层

这次轮到 Bundler，离去中心化又近一步。

什么是 Bundler？重构了什么？往下看👇

你往 Arweave 里传文件，是有体验落差的：如果直接传给链，要等几分钟才能看到；而如果你走"中介服务"（叫 Bundler），几秒就能看到。

为什么 Bundler 这么快？因为它先把文件存在自己服务器的临时缓存里，立刻给你一个链接，然后才慢慢把文件真正写到链上。速度的代价是信任——你得相信这家中介真的会把文件写上去，而且它的缓存和链上状态还可能对不上。

更重要的是，这种"插队特权"只对几家被官方授权的中介开放。你想自己跑一个？不行。

现在的新做法：让矿工自己来当这个临时缓存。

文件提交后直接进入矿工的"待打包队列"（mempool），任何人都能从公开渠道读到这个状态——既保留了几秒可见的速度，又不用信任任何一家私人公司，因为数据状态完全公开、和链本身一致。

带来的连锁变化有几个：

谁都能开 Bundler 了，不再有白名单。一台普通笔记本就能跑，硬件门槛被砍到了很低。配套还有一套激励机制，让独立运营者能按服务收费，之前在网关那边已经跑通了同样的模型。

[Layergg @layerggofficial]

Crypto Graveyard🪦

How many projects have shut down this year?
@Layerggofficial compiled a list of projects that have officially closed or gone inactive.

-- April --

JPG Store @jpgstoreNFT
Announement Date : 2026/04/23

League of Kingdoms $LOKA's Arena-Z Chain $A2Z @arenaz_a2z
Announement Date : 2026/04/19

Mint $MINT @Mint_Blockchain
Announement Date : 2026/04/17

Buck $BUCK @BuckToken
Announement Date : 2026/04/17

Foundation @foundation
Announement Date : 2026/04/16

MUD / Lattice $MUD @latticexyz
Announement Date : 2026/04/15

Atomicals Market @atomicalsmarket
Announement Date : 2026/04/13

Seamless Protocol $SEAM @SeamlessFi
Announement Date : 2026/04/07

Leap Wallet @leap_wallet
Announement Date : 2026/04/03

Dmail $DMAIL @Dmailofficial
Announement Date : 2026/04/02

-- March --

Yupp @yupp_ai
Announement Date : 2026/03/01

CharmVerse @CharmVerse
Announement Date : 2026/03/25

Tally @tallyxyz
Announement Date : 2026/03/17

Blockfills @blockfills
Announement Date : 2026/03/15

fey @feyprotocol
Announement Date : 2026/03/14

Genome @genome_protocol
Announement Date : 2026/03/11

DataHaven @DataHaven_xyz
Announement Date : 2026/03/05

Angle Protocol @AngleProtocol/
Announement Date : 2026/03/04

GOAT Gaming @playgoatgaming
Announement Date : 2026/03/02

-- February --
Slingshot @SlingshotCrypto
Announement Date : 2026/02/28

Magic Eden $ME - ME Wallet @MagicEden
Announement Date : 2026/02/26

Magic Eden $ME - BTC, EVM Chain @MEonBTC
Announement Date : 2026/02/26

GENSO Online $MV, $ROND @genso_meta
Announement Date : 2026/02/26

WebN Group
Announement Date : 2026/02/25

Step Finance $STEP @StepFinance_
Announement Date : 2026/02/24

Parsec @parsec_finance
Announement Date : 2026/02/19

Catalog @catalogworks
Announement Date : 2026/02/17

ZeroLend $ZERO @zerolendxyz
Announement Date : 2026/02/16

Polynomial @PolynomialFi
Announement Date : 2026/02/14

Enclave Markets @enclavemarkets
Announement Date : 2026/02/12

-- January --
Forgotten Runiverse @RuniverseGame
Announement Date : 2026/01/26

Entropy @entropydotxyz
Announement Date : 2026/01/25

Nifty Gateway @niftygateway
Announement Date : 2026/01/23

https://t.co/XRBF5zC6KY @soundxyz_
Announement Date : 2026/01/16

MilkyWay $MILK @milky_way_zone
Announement Date : 2026/01/15

Bloktopia @bloktopia
Announement Date : 2026/01/05

💞 Please Like + Retweet if you enjoy this

[Scallop @Scallop_io]

✅ INCIDENT UPDATE

We have unfreezed the core contracts and all operations have resumed. The issue was not related to the core protocol and was isolated to a deprecated rewards contract.

User deposits were not impacted and all funds remain safe. Withdrawals and deposits are now operating normally.

We will share more details soon. Thank you for your support as we continue to monitor and strengthen the protocol! 🐚

[Duo Nine ⚡ YCC @duonine]

🚨 I don't think people realize how bad things are at @aave right now.

All core markets are at 100% utilization, that includes $3 bil in USDT and $2 bil in USDC stuck!

That means you CAN'T WITHDRAW your money!

A long post on why and how we ended up here.

When the rsETH exploit happened and AAVE incurred bad debt, whales like Justin Sun, MEXC exchange, and others immediately withdrew billions from AAVE.

This instantly drained all available liquidity in key core markets like ETH, USDT, USDC and so on. Those first to withdraw got out, laggers got trapped.

Initially, the ETH market hit 100% utilization, meaning you could not withdraw your ETH from AAVE.

Worse, this also means the protocol can't process ETH liquidations should ETH price fall/crash. If you can't sell any ETH, you can't liquidate to cover debt obligations.

That means the risk of more bad debt incurred by AAVE is increasing the longer its markets remain stuck.

Nevertheless, users can still sell at a minor loss the aETHwETH tokens on Uniswap or similar aggregators. That exit door is the last one remaining for ETH depositors on AAVE.

The same cannot be said by depositors of USDT and USDC. They are stuck.

That's because AAVE lost over $6 billion in liquidity in the past 24h. As whales took out their money, USDT and USDC also hit 100% utilization.

These markets are now also stuck with money locked. Panic is spreading and desperate times call for desperate measures.

Some users decided to borrow against USDT/USDC and exit via other markets at a 10-25% loss (90-75% LTV). Basically you borrow GHO/DAI/USDe against your locked USDT/C.

But as more liquidity leaves AAVE, more markets get to 100% utilization and get locked/stuck due to low liquidity. This is quickly cascading across all available markets.

Luckily the crypto market was rather flat today so liquidation risks were marginal, but if things change there are billions in stablecoins and other assets locked on AAVE that can't process liquidations = more bad debt for AAVE.

If users or related protocols that are stuck need access to their money to prevent liquidations or other critical function, they have a huge problem on their hands.

Plus, nobody wants to deposit (or provide liquidity) in these markets now since your ETH, BTC, USDC/T could be stuck there for who know how long.

As soon as any available liquidity is made available, it is instantly taken out by bots fighting to get out. As I wrote this I saw 250k in liquidity on USDC vanish in seconds.

Then there is the bad debt question.

There's over $200 mil in bad debt incurred by AAVE via rsETH that's like a hot potato. Nobody knows who will eventually pay this bill.

If you didn't remove your assets from AAVE, you risk receiving at least part of that bill in some form. Not having access to your money is part of that risk too.

Contagion is also extremely high.

Many protocols and apps rely on AAVE for their earn mechanics. These protocols and their users are stuck too and may be forced to incur bad debt with no fault of their own.

October 10th was a CEX driven crash, this is a DeFi risk mitigation failure of epic proportions.

AAVE should have never onboarded rsETH as a collateral asset, at least not to the size of hundreds of millions that allowed the hacker to walk away (i.e. borrow) over $200M in ETH after posting fake collateral.

Rumors on X are saying rsETH was onboarded by AAVE due to a conflict of interest (lobbying) by a given service provider. If true, this is a major failure of its governance structure (nothing new).

The folks at @KelpDAO who manage rsETH also have a tough decision to make on who will actually pay for the $200M exploit. AAVE users? L2 rsETH users? Everyone affected gets a haircut to account for the loss?

The AAVE team and its founder, Stani, have been quiet for over 20h since the exploit after initially announcing the rsETH market freeze.

They have a pretty big problem on their hands since the whole protocol is at risk right now. Trust is already lost as AAVE is bleeding billions in TVL to the level of hitting 100% utilization on all core markets.

Maybe some key actors in the space will step in to provide liquidity to stabilize the markets on AAVE before this gets even worse.

I got lucky to get out of AAVE early when I first saw this. I also removed all assets from DeFi and will not touch any protocol in the next few weeks. Too much risk for a few percentage points in yield.

If you found this informative, like, share, and follow @duonine

[ao @aoTheComputer]

https://t.co/7GF9Xasq3L

[Shift4 @Shift4]

At #TRANSACT2026, CEO Taylor Lauber joined PYMNTS Founder & CEO Karen Webster to break down how Shift4 approaches growth — whether that's building solutions in-house, making smart acquisitions, or partnering with other innovators.

The conversation dives into how we think about capital allocation, innovation, and staying adaptable in an industry that’s constantly evolving.

Catch the full keynote here: https://t.co/DdcW2J2wuO

[glassnode @glassnode]

Tokyo is pinging the Hyperliquid API in ~3ms. Amsterdam is sitting at ~221ms. Distance is a tax on your execution. We just deployed a live map of global probes tracking API and direct validator latency to Hyperliquid in real-time: https://t.co/9SwI8ErLeb

🇯🇵 Tokyo: ~15.9ms
🇰🇷 Seoul: ~50.2ms
🇭🇰 Hong Kong: ~66.9ms
🇸🇬 Singapore: ~136.1ms
🇺🇸 Virginia: ~163.5ms
🇳🇱 Amsterdam: ~245.2ms

[Kyle Chassé 🐸 @Kylechasse]

🚨 AI JUST BROKE THE MEMORY TRADE

Google cuts memory usage 6x and boosts speed 8x.

Micron Technology and RAM names sell off fast as demand assumptions get repriced.

Lower usage means falling prices.

FOR NOW.

Efficiency always leads to expansion.

Cheaper compute drives more usage, not less.

THIS IS THE LOOP

AI doesn’t reduce demand. It resets the baseline and then scales beyond it.