Facta non verba.

<The Epoch of Ethereum Rollups; with Polygon CDK at the Forefront> TL;DR - Former star app chains and middlewares are now fully mobilizing in the L2 renaissance through Polygon's Chain Development Kit (CDK). Polygon CDK - Polygon CDK is an open-source and modular codebase for launching ZK-powered L2 chains on Ethereum. - It enables seamless interoperability with all Polygon chains and Ethereum, providing access to shared liquidity. - It offers high modularity and customizability, allowing developers to design networks according to their needs. - It facilitates near-instant withdrawals to Ethereum and cross-chain execution among all CDK-developed chains.

<The Epoch of Ethereum Rollups; with Polygon CDK at the Forefront> TL;DR - Former star app chains and middlewares are now fully mobilizing in the L2 renaissance through Polygon's Chain Development Kit (CDK). Polygon CDK - Polygon CDK is an open-source and modular codebase for launching ZK-powered L2 chains on Ethereum. - It enables seamless interoperability with all Polygon chains and Ethereum, providing access to shared liquidity. - It offers high modularity and customizability, allowing developers to design networks according to their needs. - It facilitates near-instant withdrawals to Ethereum and cross-chain execution among all CDK-developed chains.

A dashboard with interesting P&L analysis on Lido thru the lens of trad accounting methodology — Lido SAFU Accounting | Financial Statements by steakhouse

Liked the approach of finding fair valuation of $LDO & $RPL, $LDO in a fair range while $RPL underperforms; think that the LSD deserves the first place out of the whole DeFi eco in terms of TVL since it contains the real value. — Overdone Stake by Kunal Goel at Messari

Native builder Jito is set to overtake Lido's TVL at 2.67M SOL. Lido's diversification efforts away from Ethereum to Solana are losing steam. — from ON–185: Ethereum by OurNetwork

Bloomberg Intelligence launched a dashboard to track PoS assets beyond Bitcoin and Ethereum. - Despite liquidity challenges, Q2 metrics show 17% growth in active addresses and 12% rise in transaction fees. - PoS chains saw 40% growth in active addresses during the bear market. - User growth rebounded in Q2 2023 from 3.7 million to 5.19 million. - The crypto ecosystem appears undervalued based on price and user divergence. - Solana has seen a 100% increase against Ethereum year-to-date. - Bloomberg Intelligence remains optimistic about the industry's future. from Jamie Coutts' thread

World’s Top Anime Site Crunchyroll Is Sony’s New Money Maker Sony Group Corp's Crunchyroll, the world's largest anime-dedicated streaming platform, is focusing on India as a major growth market to help expand the $20B anime industry. With over 100M registered members and 11M paid users, Crunchyroll is targeting India's growing youth population to boost its entertainment content business. - CEO Kenichiro Yoshida aims to increase users of content to 1 billion people, with India being a crucial battleground. Crunchyroll plans to acquire more content, localize anime series with dubbing and subtitles in local languages, and offer competitive pricing to attract users away from illegal streaming websites. - The company expects the anime industry to have over 800 million fans globally by 2025, with around 200 million watching series on official websites.

What’s happening in Hollywood rn Why Hollywood’s Writers and Actors Are Striking “Actors and writers are both seeking increases in their base pay as well as a greater share of earnings from shows that appear on streaming services. Both are also seeking protections against studios using artificial intelligence to replace their jobs.” (...) “For writers, there are concerns that AI could generate scripts without them. For actors, there are concerns that studios could use AI to replicate previous performances. The Directors Guild of America, which agreed to a new contract with the studios in June, got the companies to agree AI would not replace them.”

Undoubtedly, Coinbase is now surely an ETF for crypto world — Coinbase Stock Soars After Ripple Gets Partial Win in SEC Lawsuit

Why the Crypto World Is Celebrating Ripple’s Partial Win Over the SEC Some personal thoughts: while I don't wish to dampen spirits, it is premature to declare a conclusion. Indeed, this partial victory may influence the fundraising landscape for projects, given that a portion of institutional sales are now recognized as subject to securities regulations. - "The ruling could also hurt Ripple’s business because the judge named customers of Ripple’s cross-border payments product, RippleNet, as institutional buyers of xrp. That ruling could force Ripple to change or shut down that product since the judge found those sales were also illegal securities sales." - This ruling necessitates Ripple's top two executives to face trial over these sales and could provoke alterations or even the termination of Ripple's cross-border payments product, RippleNet. - Significantly, the judgement could bolster Coinbase's defense against the SEC as the sale of XRP via crypto exchanges was not deemed a securities offering.

Ripple Tokens Sold to Public Are Not Securities, Judge Says A U.S. Federal Judge has decreed Ripple's XRP token to be classified as a security for institutional investors, but not for the general public. - This is seen as a significant victory for the cryptocurrency industry in its ongoing skirmishes with the SEC, which has been pursuing crypto firms for supposed unregistered securities sales. - The judge concluded that Ripple's XRP sales fulfilled the criteria of an investment contract under federal law due to its speculative value proposition, but this characterization does not apply to programmatic investors, or the wider public purchasing crypto on exchanges. - The SEC is currently assessing the implications of this ruling.

(For Korean Subscribers) 한국경제에서도 확인하실 수 있습니다. — 새롭게 떠오르는 디지털 혁신의 메카, 일본: 해시드가 눈여겨본 웹3의 기회들

(For Korean Subscribers) 새롭게 떠오르는 디지털 혁신의 메카, 일본: 해시드가 눈여겨본 웹3의 기회들 IVS 회고의 일환으로 정부의 강력한 지원과 탄탄한 소비자 기반을 바탕으로 주목받고 있는 일본의 웹3 산업에 대해 다룬 글입니다.

Undoubtedly, Coinbase is now surely an ETF for crypto world — Coinbase Stock Soars After Ripple Gets Partial Win in SEC Lawsuit

Why the Crypto World Is Celebrating Ripple’s Partial Win Over the SEC Some personal thoughts: while I don't wish to dampen spirits, it is premature to declare a conclusion. Indeed, this partial victory may influence the fundraising landscape for projects, given that a portion of institutional sales are now recognized as subject to securities regulations. - "The ruling could also hurt Ripple’s business because the judge named customers of Ripple’s cross-border payments product, RippleNet, as institutional buyers of xrp. That ruling could force Ripple to change or shut down that product since the judge found those sales were also illegal securities sales." - This ruling necessitates Ripple's top two executives to face trial over these sales and could provoke alterations or even the termination of Ripple's cross-border payments product, RippleNet. - Significantly, the judgement could bolster Coinbase's defense against the SEC as the sale of XRP via crypto exchanges was not deemed a securities offering.

Ripple Tokens Sold to Public Are Not Securities, Judge Says A U.S. Federal Judge has decreed Ripple's XRP token to be classified as a security for institutional investors, but not for the general public. - This is seen as a significant victory for the cryptocurrency industry in its ongoing skirmishes with the SEC, which has been pursuing crypto firms for supposed unregistered securities sales. - The judge concluded that Ripple's XRP sales fulfilled the criteria of an investment contract under federal law due to its speculative value proposition, but this characterization does not apply to programmatic investors, or the wider public purchasing crypto on exchanges. - The SEC is currently assessing the implications of this ruling.