📊 Sparklend Sees $1.4B Inflows While Aave Faces Outflows After rsETH Incident

According to Blockworks Research, lending protocols like Aave experienced significant outflows after the rsETH incident. In contrast, Sparklend recorded nearly $1.4 billion in net deposits and approximately $350 million in loan growth over the past two days. The Spark team noted that they had paused rsETH and other low-usage assets as early as January, thus avoiding impact from the recent incident.

🇺🇸🗣 Kevin Warsh stated that cryptocurrencies are now part of the U.S. financial system.

🔮📊 Kalshi will launch trading of cryptocurrency futures.

💵 250,000,000 $USDC (249,907,833 USD) minted at USDC Treasury

💵 250,000,000 $USDC (249,899,479 USD) minted at USDC Treasury

🗣 Adam Back explains Saylor's $STRC:

"It's a proposition bet. I need $ to buy #BTC. Lend it to me at 10%. Then buy #BTC because it's gone up 60% in 10 years. Even if it decays, it's a good arbitrage."

🇺🇸🚀 Brent Crude Oil Surges Back Over $100 As US-Iran Peace Talks Are Put On Hold.

🇺🇸⚖ The Attorney General of New York has filed a lawsuit against Coinbase and Gemini over allegations of organizing illegal gambling activities. #regulation

🔮📊 Polymarket also plans to launch cryptocurrency futures trading.

🇺🇸🗣 White House pick for Fed Chair says "digital assets are already a part of the fabric of our financial services industry in the US." #macro

🆕 $CHIP listed on Robinhood spot

🇮🇷🙅‍♂ Iran will not participate in the negotiations on Wednesday.

🕵️ Vanguard’s Mid-Cap Value ETF acquires 1.21M Strategy shares ($195M), bringing total holdings to 2,043,268 shares ($255M). #etf

🆕 $DIEM listed on Coinbase spot

📌 Top 5 News for 24 Hour:

1. Adam Back explains Michael Saylor's strategy to borrow money to buy Bitcoin. →
👁 195 | ❤️ 0 | 🔁 4

2. Aave TVL drops, Spark TVL rises. →
👁 330 | ❤️ 0 | 🔁 3

3. $1 billion USDT minted at Tether Treasury. →
👁 296 | ❤️ 0 | 🔁 3

4. Lido prepares $3M loss buffer for rsETH exposure. →
👁 294 | ❤️ 0 | 🔁 3

5. Bybit leads $8M funding for Malaysian exchange Hata. →
👁 271 | ❤️ 0 | 🔁 3

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🇺🇸🏦 White House pick for Fed Chair says the Federal Reserve has no legal right to issue a CBDC.

"It would be a bad policy choice." #macro

💸 US Banks are facing unrealized losses of $300B, down from $700B in 2023.

For context, those US banks have around $25,000B in assets and $2,600B in equity capital.

👮 Anthropic's Mythos model was accessed by unauthorized users on launch day. A spokesperson confirmed that they are investigating the unauthorized access to its model during the early testing access rollout, according to Bloomberg.

📝 Director of Blockstream Research, Jonas Nick, explains the case for hash-based post-quantum signatures in Bitcoin in one minute.

😱🤑 Fear & Greed Index for #ETH

🕵️ Bitmine has staked 61,232 $ETH worth $142M and is likely to stake more.

They now have 3,395,869 $ETH ($7.9B) in staking.