WATER HEATER PAYS YOU IN BITCOIN
Superheat unveils a $2,000 electric water heater that mines Bitcoin.
The unit uses the same energy as a standard heater but runs ASIC miners to recoup costs, offsetting water heating bills.
The latest DeFi developments👇
Jupiter introduced Jupiter Wallet for Desktop - a new Solana DeFi wallet
Fluid announced the Fluid reserve - a FLUID buyback & growth strategy
Polymarket raised $2 billion in funding
Alvara, a platform that enables on-chain ETF-style products and portfolio management, scheduled its full public release for 14 October
UR, a unified crypto and fiat account with 0 off-ramp fees, was fully launched. UR is built by the same team that is behind Mantle
Metamask & Rainbow wallet launched perps trading powered by Hyperliquid
Sui introduced suiUSDe and USDi - two native stablecoin products for Sui Network powered by Ethena
Arbitrum announced the launch of its Season 2 Kaito Yap program. 700k $ARB will be given to the top 150 yappers on the Arbitrum Kaito Leaderboard
Plasma joined the Chainlink Scale Program and adopted Chainlink as its official oracle provider
Ethena announced JupUSD - Jupiter’s stablecoin built in partnership with Ethena. Its launch will happen in Q4
Sonic announced MCC Global will launch Resonance, a $25M Sonic ecosystem fund
Falcon Finance’s Miles Season 2 points program was launched
Huma Finance introduced the Project Flywheel and announced that $HUMA token buybacks will start in Q4
KYROS, a popular Solana restaking protocol, introduced its token KYROS
Ondo Finance announced the acquisition of Oasis Pro to accelerate its tokenization efforts in the United States
YZi Labs (Binance Labs) announced a $1 billion builder fund for the BNB Ecosystem
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JUSTIN: 🇱🇺 Luxembourg’s Sovereign Wealth Fund FSIL became the first Eurozone state fund to invest 1% of its holdings in #Bitcoin ETFs.
Europe is coming 🚀
Q4 will be massive for DeFi.
I just sent a newsletter covering:
• 3 major upcoming DeFi launches
• The next big upgrade for Hyperliquid
• This week's DeFi news
Read it here:
https://t.co/gU0qW2qkIN
The latest developments in DeFi👇
Pendle went live on Plasma L1
Flying Tulip, Andre Cronje’s DEX project for Sonic L1, raised $200M in seed funding
Lighter public mainnet and S2 points program went live
Hyperliquid launched permissionless spot quote assets on its mainnet
Phantom introduced Phantom Cash - one place for all your money
DeFi Saver released AAVE DeFi explore, a dashboard enabling to track Aave v3 stats, position history, and protocol activity in real-time
OpenEden launched its token EDEN and the airdrop claim portal
Solstice, a delta-neutral strategies stablecoin protocol, went live on Solana
Falcon Finance released its token called $FF and its airdrop claiming portal
Stripe announced Open Issuance - a new platform that enables anyone to launch and manage their own stablecoin with a few lines of code
Lido Finance’s proposal to implement a LDO buyback mechanism passed
Eigenlayer introduced EigenCompute and EigenAI - two new services for building verifiable apps and AI agents
SWIFT announced the development of a blockchain-based ledger with 30+ banks
Huma Finance joined the Circle Payments Network as the first credit solution
Sonic announced that Mitchell Demeter is the new CEO of Sonic Labs
Meteora announced the upcoming launch of its token on Oct. 23
VisionSys AI, a Nasdaq-listed firm, announced a $2 billion SOL treasury strategy
The SEC is exploring a plan to allow onchain stocks to trade on exchanges
Monad started teasing an upcoming airdrop
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Crypto Watchlist for the week ahead:
$SOL - The final deadline for the spot Solana ETFs applications is Oct. 10
$S - The ICO for Flying Tulip, one of the most hyped dApps coming to Sonic, will happen in October
$MNT - The full release of Mantle's UR, a neobank built on blockchain, will happen very soon
$PENDLE x $XPL - Pendle will announce a new incentive campaign in partnership with Plasma next week
Macro events - US FOMC Meeting Minutes will be released on Oct. 8
$FF - Falcon Finance teased a major announcement for the next days
$STBL - STBL Protocol is entering its launch phase on Ethereum starting Oct. 10
$ASTER - Aster will release the airdrop checker for its next airdrop on Oct. 10
$SKY - Sky Protocol (formerly MakerDAO) will launch Savings V2 in October
Monad - Monad is rumored to make an announcement next week
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