Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash

Source: https://www.coindesk.com/business/2024/07/05/mt-gox-begins-repayments-in-bitcoin-and-bitcoin-cash/

Luke Nolan: Estimating the Market Impact of Mt. Gox Repayments

Mt. Gox is preparing to repay creditors (in kind) in July

“Although the trustee holds roughly 142,000 bitcoin, the actual amount to be distributed is closer to 75,000 bitcoin”

Bitcoin’s extensive liquidity and the dynamics of the creditor distribution are likely to soften the impact of any potential sales.

Bitcoin Cash is much more likely to suffer from creditor sales.

Source: https://blog.coinshares.com/estimating-the-market-impact-of-mt-gox-repayments-ec4a4927e50d?gi=123d7c89ca9a

Sui414: It’s Time To Talk About L2 MEV

“L2s activities surged after Dencun. As the cost goes down, more bot activities and spamming tactics appear. They cause 2 problems: gas congestions & high reverts.”

This piece discuss:

A data overview of the current state of L2s.
The significance of L2s gas reduction from the Dencun upgrade in March,
How activities on these networks have evolved,
Emerging challenges driven by MEV activities.
The potential hurdles in developing MEV tooling and solutions for L2s.

Source: https://collective.flashbots.net/t/it-s-time-to-talk-about-l2-mev/3593

Helius Partners with Sanctum to Launch hSOL

In the first six hours since hSOL's launch, the token's supply has reached 3.1K, giving it a market cap of $444K.

The number of hSOL holders has grown to 181 within the first six hours.

Source: https://twitter.com/PineAnalytics/status/1783917727725342793

Primev: Analyzing Blob Inclusion Rates and Market Strategies

This article analyze current blob market dynamics post-Dencun upgrade, observing that the blob market is about halfway from saturation.

Source: https://twitter.com/primev_xyz/status/1783544429162168549?s=52&t=txFAbiSPTdLLDlAYj9X_AA

Hack VC Has Led $20M Series A Round into Aligned Layer

Aligned Layer is a protocol creating a universal proof verification and aggregation layer, a new entrant into the modular ecosystem

Source: https://blog.hack.vc/announcing-our-investment-in-and-alignment-with-aligned-layer/

Nethermind Research on Validator Ticket Pricing (Puffer Finance)

Becoming a Puffer validator requires purchasing a validator ticket (VT).

One VT gives the right to run a validator for a single day, and the funds from the sale of the VTs, excluding protocol fees, are distributed to pufETH holders.

Nethermind Research has investigated the methods for efficiently pricing VTs using a fixed price mechanism, and this article outlines the key findings of their research.

Source: https://medium.com/nethermind-eth/nethermind-research-on-validator-ticket-pricing-puffer-finance-8f2f212019e3

Jesse Walden: Signal to noise

In an up market, there is an increase in both signal and noise

It is important to understand the game that's on the field , and sometimes the best way to understand it is to play it.

There is signal in the noise, but don't get lost.

Source: https://twitter.com/jessewldn/status/1781281012539969857?s=52&t=txFAbiSPTdLLDlAYj9X_AA

Adam Hollander: Significance of the Bitcoin Runes Happening in few Hours

For the first time, people will be able to create memecoins on Bitcoin.

There will be hundreds of tickers created. Thousands.

The pre-runes that you've been buying as Ordinals will be the former,

Creators will airdrop the Runes to holders.

However, many Runes created tonight will be new and the latter.

Imagine hundreds or thousands of free-to-claim (except for network fees) memecoins going live on Bitcoin at the same time. All first-come-first-serve.

Source: https://twitter.com/hollanderadam/status/1781421681363300425?s=52&t=txFAbiSPTdLLDlAYj9X_AA

X (formerly Twitter)

Adam Hollander (@HollanderAdam) on X

OK it's obvious from the comments that most people don't understand the significance of what's happening tonight. So let me give you a TLDR. In about 5 hours, essentially for the first time, people will be able to create memecoins on Bitcoin. There will…

April 12th ~ Rollup

? Research and Ideation  ?
- Ethereum Magicians Forum: ERC-7631 – Dual Nature Token Pair
- Nirmaan: Morpheus Yellowstone Compute Model
- gabrielShapir0: Avi Eisenberg's Lawyers are Doing a Brilliant Job
- Uniswap's CLO Ammori on the SEC Wells Notice
- Axel: Kamino Multiply Loops are Absolutely Goated
- Solana | Case Study: Homebase is Changing Real Estate Investments with Solana
- QwQiao: Real World Assets, Real World Application- Empire Podcast: Uniswap vs SEC –The Bull and Bear Case
- 0xResearch: How AI and Crypto Intersect on Ritual's Sovereign Execution Layer
- FlashTrade vs Jupiter: Differences in their Implementation

? Project Updates ? - Solana Flipped Ethereum in MEV Capture Returned to Validators
- Phantom Reveal Transaction Success Rates Have Significantly Improved
- EigenLayer will be Unpausing Restaking Deposits on April 16th
- Ion Protocol Embracing The Idea of Money Legos
- Ostium Labs Now Have Over a Dozen Markets Tradable Onchain
- Jupiter's Second LFG Vote for Candidates Finalized for Wednesday, April 17th

? Raises ?
- Berachain Raises $100M in a Series B Funding Round