These 8 onchain neobanks showed growth in spending volume over the last 7 days
- EtherFi Cash
- Plasma One
- Ethena Pay
- Bleap
- Kolo
- Tuyo
- Hyperbeat
- BFinance
According to PaymentScan & DeFiLlama, users of these projects spent ~$45.26M over the past 7 days
This is no coincidence
Which card did you use?
Ready for the weekend? 🙋🏻
You can get 4% cashback on your card spending with Pulsar Pro this month.
This is the perfect time to buy a new pair of boots, a winter jacket, or the headphones you have been dreaming about. 👀
What do you plan to buy this weekend? 👇🏻
well, Bitcoin actually defended 80k this time around
on the back of this dump, almost $800M in longs wiped out across the crypto market in 24 hours - nearly a BILLION
the wild thing is $BTC is literally trading above the daily open already
like I said earlier, if we're going higher, that was the prime bounce zone
now that excess leverage got cleared out, do we run this up to 90k?
iPhone 18 promo winners are in
Open your app → promotions page → find out if you’re getting a free phone
If you didn’t win, the 3% cashback on the purchase wasn’t bad either
Payout lands November 1
what people don’t tell you when you’re a freelancer working on other people’s projects:
there’s never enough time to build YOU while you’re busy doing it for other people.
“you can’t chase two rabbits at the same time and expect to catch both.”
if you’re doing both, how are you guys doing it?
Plasma One quietly added more crypto deposit options
A few days ago, I wrote that Plasma One had updated its documentation with more supported cryptocurrencies for deposits
The update is now live in the app
Here's the full list of supported assets:
Stablecoins:
- USDT
- USDC
- USDG
- USDe
- PYUSD
- USDS
- EURC
Other cryptocurrencies:
- ETH
- WBTC
- HYPE
- WETH
- cbBTC
- BNB
- OP
- ARB
- POL
- uBTC
- UNI
- AAVE
All deposits are automatically converted to USD and added to your Cash Balance
What do you think of this update?
a coin trending on your timeline doesn’t mean people are bullish on it and @nodiens splits that out by tracking how much a token is being talked about and how people feel about it
attention spikes when talk around a coin picks up faster than normal and sentiment strength tells you if that is real positive hype or just noise
eth for example bounced from under $2400 to $2480 but sentiment score is still at -36, suggesting that most people don’t seem convinced of a short term uptrend yet
Invite link for Nodiens:
https://t.co/wX1Y6wvFBK
Krak made major changes to cashback for US users
Starting October 15, Krak updated its Rewards tiers. Some cashback rates increased, but the balance requirements are now much higher
Here's what changed:
Starter
- before: $0 balance, 0% cashback
- now: $0 balance, 0% cashback
Lite
- before: $200 balance, 0.5% cashback
- now: $1,000 balance, 1% cashback
Pro
- before: $1,000 balance, 1% cashback
- now: $10,000 balance, 1.5% cashback
Elite
- before: $10,000 balance, 1.5% cashback
- now: $75,000 balance, 1.75% cashback
Max
- before: $50,000 balance, 2% cashback
- now: $150,000 balance, 2% cashback
Changes to the metal card:
- the balance requirement increased from $50,000 to $75,000
Your Rewards tier is based on your 30-day average balance across Krak, Kraken, and Kraken Pro
These changes only affect US users. Everything remains unchanged for EU and UK users
What do you think about the new requirements?
I tested a EUR deposit on Bleap
I'm continuing my series of EUR deposit tests with onchain neobanks and crypto cards. Today, it's Bleap
Everything worked as expected:
- sent €10 from Wise
- received exactly €10
- 0 fees
- arrived instantly
- funds stayed in EUR
No fees, no delays
One of Bleap's biggest advantages is that it's a great option for users in Europe
- personal EUR IBAN in your name
- EUR card payments with 0% FX fees
- you can receive your salary
- you can receive third-party payments (i tested this before)
Bleap has pretty much everything a freelancer in Europe might need
Do you use the Bleap card?
The latest developments in DeFi👇
@papertrade_xyz, a 1000x leverage app built on Hyperliquid, went live
@chainlink launched a solution enabling DeFi apps to accept 1-click deposits from any blockchain
@Infinit_Labs announced it will open deposits for APEX MS2, an institutional-grade trading vault, on Oct. 28
@Bybit_Official and @Mantle_Official introduced mStocks, an upcoming tokenized equities product backed 1:1 by real stock shares
@Stacks revealed its plans for the next 3 years, which include launching self-custodial Bitcoin lending and compliant BTC privacy
@DeriveXYZ team proposed expanding Derive into US regulated markets
@solana network became 2x faster
@Starknet launched Shadow Accounts for private DeFi interactions
@Plasma partnered with Visa to launch multi-currency stablecoin cards
@aave launched incentives for its new tokenized stocks market
@base launches an Earn & Borrow product for stablecoin yield
@PancakeSwap proposed cutting CAKE token emissions by 69%
@PythNetwork allocated 100% of its DAO revenue to buybacks
I hope you found this recap helpful!
crazy how this seems until you see there's more absurd fees charged by banks
• monthly account maintenance fees.
• overdraft fees.
• inactivity fees for leaving money untouched.
• account closure fees.
• fees for closing an account too soon.
• fees for failed transactions.
• fees for requesting historical bank statements.
just a tip of the iceberg for what they charge, but to say the fact, banks extort you at any slight opportunity.
long live crypto neobank.
@Payward, parent of Krak, has signed an agreement to acquire Saldo Bank, a step towards expanding Payward Banking in Europe.
Subject to closing conditions and regulatory approvals.