How We Can Own AI ($)
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Sponsor: Cartesi — Discover the power of Linux for your ambitious dApps, only on Cartesi.
- 🌉 Stripe May Acquire Stablecoin Platform Bridge for $1B. Stripe's reported interest could take the fintech giant even deeper into the crypto world.
- 🐦 EigenLayer's Twitter Gets Hacked to Promote Fake Airdrop. EigenLayer's official account on Twitter was compromised Friday.
- 📱 Freedom Factory Debuts dGEN1 Ethereum Mobile Device. The team behind the ethOS operating system just unveiled their new mobile Ethereum hardware device.
📸 Daily Market Snapshot: BTC and ETH are both closing out the work week in style, with bitcoin flirting with $69K on Friday while ether prices nearly reached $2,700. The week's biggest loser? Sky Protocol's MKR which has fallen 12% amid continued skepticism around the protocol's grand new vision.
| Prices as of 5pm ET | 24hr | 7d |
|
Crypto $2.34T | ↗ 2.0% | ↗ 6.8% |
|
BTC $68,495 | ↗ 2.2% | ↗ 8.7% |
|
ETH $2,644 | ↗ 1.7% | ↗ 7.5% |
|
ENA $0.424 | ↗ 10.1% | ↗ 25.9% |
AI researchers have hit a "data wall," where publicly available internet data is no longer enough for large-scale model training.
Vana was created to tackle this growing problem. Vana’s EVM-compatible blockchain allows users to pool their data in Data DAOs, empowering them to earn rewards and gain ownership in the AI models built from their contributions.
In this article, we’ll explore the upcoming L1’s architecture, key features, and the Data DAOs already building on top of the network that may fundamentally affect how AI is built and how users benefit from the value their data creates.👇
Cartesi has a challenge for all talented devs! Try to hack their Honeypot dApp. Compete in a bug-bounty initiative to test, scrutinize, and refine the underlying code of Cartesi Rollups!
🧑🌾 Farming Alpha: Crypto prices may have pumped this week, but the same cannot be said for onchain yields: market-implied stablecoin and ETH yields held steady week-over-week while BTC returns continued to cool. The swap fees being generated by Beefy’s sUSD-USDC pool on Optimism undeniably stood out, producing a healthy 30% organic APY at the time of analysis.
Top Opps:
- 🟠 BTC: 8% APY with Pendle’s LBTC (Corn) PT on Ethereum
- 🟠 BTC: 7% APR with Convex’s EBTC-tBTC pool on Ethereum
- 🟠 BTC: 5% APY with Fraxlend’s WBTC pool on Ethereum
- 🔵 ETH: 16% APR with Convex’s xETH-pxETH pool on Ethereum
- 🔵 ETH: 6% APY with Pendle’s Re7LRT PT on Ethereum
- 🟢 USD: 30% APY with Beefy’s sUSD-USDC pool on Optimism
- 🟢 USD: 14% APY with Pendle’s syrupUSDC PT on Ethereum
- 🟢 USD: 12% APY with Aave’s crvUSD pool on Ethereum
Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
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