Eli5DeFi

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I went out and touched grass over the weekend. This market hasn’t exactly been kind, unless you’re riding shorts. Still, no coasting too much if you still haven’t made it yet. Here’s what you might’ve missed this week in my Weekly

Some thoughts on the recent mini-crash. We’ve got a clear stack of bearish signals: - ETF outflows (~$2.97B over 10 straight sessions) - Mt. Gox movements - Fresh deleveraging/liquidations - Strategy’s 'small' BTC sale The 32 BTC sale is tiny in size but big in meaning: it

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I think crypto neobanks are still fintech’s most underused product. You download the app, deposit funds, then your balance just sits there earning <1% while the bank pockets the spread. That’s the whole model, and it still pays less interest than my dad’s 1990s passbook

This is wild and completely unexpected. I thought AI-driven threats were still years away. First, credit to Zooko and the team for the transparency and the fast remediation. TL;DR Zcash discovered a critical bug in its Orchard shielded pool, present since 2022, that could have

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1/1 sports cards used to be a whale-only market. To get a grail, you needed deep pockets, private deal flow, collector access, and the ability to buy the whole card. Top 1/1s can hit 6–7 figures (Ronaldo Kaboom Green 1/1 reportedly $1.35M; Wembanyama 1/1 rookie reportedly

Big W.

Spark just published one of the clearer security frameworks in scaled DeFi. Not through vague “security” claims, but through a proper loss absorption waterfall. In simple terms: It explains how losses are absorbed before they reach user deposits across Spark Savings,

➠ Spend Anywhere The Solid Visa card is now issued through Rain. Reach: U.S. states plus Latin America, the Caribbean, Africa, Asia, Oceania, and the Middle East. Roughly 1.5B people newly eligible. ▸ 175M+ merchants worldwide ▸ Apple Pay + Google Pay native ▸ 3% cashback

➠ The Neobank Dilemma Stablecoin transaction volume jumped 72% YoY in 2025. Crypto card spending exploded 525% across the six biggest Visa-partnered cards. The yield gap stays glaring: ▸ TradFi savings: <1% ▸ On-chain stablecoin yields: 4–8% on top protocols 40% of

ORE vs ZINC is the same Solana casino math wearing two totally different edges. Both are gamified PoW protocols on Solana. Not “mining” like Bitcoin rigs but more like: Send $SOL → commit to a spot → let randomness resolve → winners scoop SOL from losers + token emissions

What if we were already living in a simulation, and then everyone died during a “Covid Cleanse”? And what if, after 2020, we were resurrected and relocated into a new simulation environment, without even knowing it?

Whoever had the idea to switch the copy button should be fired immediately.

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