Weekly Alpha Recap #186 | 22 – 28 June
TradFi keeps coming on-chain: stablecoins, RWAs, tokenized stocks, prediction markets while MEV bots, bridges and governance remind CT why risk never sleeps.
TL;DR
Last Week News
Macro & Institutions
Strategy now has permission to sell Bitcoin for buybacks — HODL got a footnote.
The Bank of England softens systemic stablecoin rules ahead of the UK’s 2027 regime.
SBI agrees to buy Bitbank for $288.6M, tightening its grip on Japan’s regulated crypto rails.
Ripple gets preliminary MiCA approval in Luxembourg as the EU passporting race heats up.
The U.S. Senate tucks a Fed CBDC ban through 2030 into a housing bill.
Stablecoins & Hyperliquid
SBI and Startale launch JPYSC, a trust-bank-backed yen stablecoin with a phased rollout.
Ripple’s RLUSD lands in Japan through SBI VC Trade, entering a crowded regulated stablecoin lane.
Spark, Uniswap, and Sky launch a $150M stablecoin FX layer on Uniswap v4.
Chainlink links up with 47 European and Korean banks for T+0 cross-border settlement experiments.
Stablecoin Google searches fall 54% as supply growth cools after the 2025 boom.
Wallets & UX
Helius ships balance-at, a Solana API for historical wallet balances by timestamp, slot, or datetime.
DeFiLlama keeps expanding beyond TVL, with dashboards now eating more of the crypto terminal stack.
Prediction Markets
Lawmakers call for a federal probe into Polymarket’s deceptive-marketing mess.
Kalshi reportedly eyes a $40B valuation, because prediction markets found their bull market.
A Michigan judge blocks Kalshi sports contracts as the state-versus-CFTC turf war keeps escalating.
Onyx Odds raises $20M from Kraken parent Payward at a $220M valuation.
Polling says U.S. voters prefer federal prediction-market rules over a state-by-state patchwork.
Token Launches & Claims
Arcium opens ARX eligibility checks and quests ahead of its June 22 Solana TGE.
Binance Alpha lists Arcium ARX, with eligible users able to claim via Alpha Points.
Story rebrands as the DATA Foundation, swapping the IP narrative for AI-training-data rails.
Protocol & DeFi Updates
ICE and OKX form OKXICE, a 50/50 venture to bridge regulated markets and tokenized securities.
Taiko confirms a chain-state verification compromise and tells users to exit bridges immediately.
Secret Network’s Axelar bridge loses $4.67M to a years-old infinite-mint flaw.
THORChain resumes trading after a five-week halt tied to a $10.7M Asgard vault exploit.
Goldfinch governance backs winding down Prime and moving the protocol into maintenance mode.
Base resumes after a block-production outage, reminding everyone L2s are still software.
Infra, Dev & Culture
The Ethereum Foundation cuts roughly 20% of staff amid its biggest reset in years.
Ethereum Foundation talent departures spark another decentralization-versus-leadership food fight.
Ethlabs launches as a nonprofit Ethereum R&D lab backed by BitMine, SharpLink, and Joe Lubin.
Cambrian raises $6M to build blockchain-data oracle infrastructure for institutions and AI agents.
Ornn raises $33M from a16z crypto and others to build a decentralized compute marketplace.
MoneyGram joins Solana as an active validator and plugs into the Solana Developer Platform.
BitMine adds 52,203 ETH, pushing its corporate ETH stack closer to 5% of supply.
Ink upgrades to Optimism’s OP Enterprise Fully Managed tier in a multi-year infra deal.
Galaxy says Solana app fees fell for a third straight quarter to $795M, even as fee-share held up.
Sophon sunsets its ZK L2 and pivots to consumer apps on Base.
Drama & Shenanigans
JaredFromSubway reportedly offers a bounty while legal threats enter the chat.
Solmate accuses RockawayX CEO Viktor Fischer of fraud after a failed $200M deal.
CoinEx denies claims it served as a $3.84B gateway for sanctioned Iranian crypto firms.
Europol freezes $47M in crypto during a global infostealer takedown.
LastPass says customer support data was stolen through the Klue third-party breach.
A fake crypto influencer gets 15 months for a $1.4M Telegram staking-fraud operation.
Projects Highlights
EthlabsMoni Score379Moni's Review/Opinion:Ethlabs is a non-profit R&D lab for Ethereum and ETH. It recently published a public mission statement outlining priorities—core research, shared standards, infrastructure, and adoption—and invited collaboration and hires via join@ethlabs.org and ethlabs.org.
Published a public mission statement stressing credible neutrality, ETH, DeFi, and adoption. Solicited collaborators and applicants, pointing to join@ethlabs.org and the ethlabs.org website.
Rock Bottom 🪨Moni Score69Moni's Review/Opinion:An upcoming NFT collection from Pooga Labs on Ethereum.
Recently the team has been running launch mechanics: teasing a drop to OpenSea with a find-the-allowlist hunt, prompting wallet drops and retweets, revealing a special trait and keeping a sign-up 'SHITLIST' link active while opening DMs for collabs.
Announced 10,000s coming to OpenSea and encouraged followers to find the allowlist. Shared a poogalabs sign-up ('SHITLIST'), revealed a legendary trait, and opened DMs for collabs.
Kickstart EcosystemMoni Score90Moni's Review/Opinion:Kickstart Ecosystem is a Solana-focused launchpad news and spotlight account that promotes projects and launchpad activity.
Recently it has been amplifying @EasyA_Kickstart’s metrics — citing a 2.15M volume and top‑2 launchpad status — praising the EasyA dev team, and highlighting token moves such as @flypraxis up ~150% with transaction details.
Amplified EasyA_Kickstart milestone: 2.15M volume and called it a top‑2 launchpad on Solana. Highlighted token performance (flypraxis +~150%) and promoted EasyA dev credentials.
PikkazoMoni Score45Moni's Review/Opinion:Pikkazo is an NFT art project minting a 10,000-piece cubism portrait collection on Ethereum.
It recently posted a June 19 tweet promoting the upcoming drop, highlighting sharp angles, bold geometry and 10,000 uniquely structured portraits coming soon.
Announced on Jun 19 a 10,000-piece cubism portrait collection coming to Ethereum. Category: NFT collection; no token or mint details disclosed in recent posts.
HyperStackMoni Score58Moni's Review/Opinion:HyperStack is a native prop-trading product integrated into the Hyperliquid terminal that offers scaled perpetual trading accounts and on-chain, USDC-denominated payouts.
They launched live mid-June and are onboarding traders via a one-step trading challenge (10% profit target, 5% max drawdown) that pays out in USDC. Offer details: scale up to $400K, keep up to 90% of rewards, first 200 traders claim a free $1,000 challenge account.
Messaging highlights native Hyperliquid workflow and integration with VantaTrading; promotion includes partner outreach (e.g., Bitcast). Live launch announced: USDC in/out, native Hyperliquid trading flow, launching mid‑June.
Challenge terms posted: 10% profit target, 5% max drawdown, no time limit; scale to $400K and keep 90% of rewards. Promo: first 200 traders get a free $1,000 challenge account; partnerships/mentions include VantaTrading and Bitcast.
The Project R3DMoni Score81Moni's Review/Opinion:A character-driven world IP building an NFT collection and narrative universe, positioning itself for an OpenSea launch and focused on visual storytelling and original characters.
The team has been updating its website with a login and interactive mechanics where users complete tasks, open chests, and earn whitelist spots, NFTs, and points. They ran a limited 'Chapter One' release and have been promoting engagement through social campaigns (like/RT/tag) and an invite code for bonus points.
- Website now supports login, task completion, chest openings to win WL spots, NFTs, and points. - Released a time-limited 'Chapter One' drop and published an article describing the project world and story. - Promoted engagement via social calls-to-action and an invite code (N83CZ) that grants 250 points.
AtlasMoni Score81Moni's Review/Opinion:Atlas is a non-custodial trading app from the team at thirdweb that combines crypto, stocks, perpetuals and prediction markets in one interface, with AI-driven trading features (Glob) and strategy autopilot.
Recently Atlas integrated Hyperliquid perpetuals (crypto, commodities, indices) with up to 40x leverage, added Polymarket prediction market support, and rolled out a redesigned Desktop UI. The account is also promoting Glob — an AI autopilot/strategy feature — and marketing new tradable assets like SpaceX (SPCX) and World Cup prediction flows.
- Integrated Hyperliquid perps for 24/7 perpetual trading inside the app with deep liquidity and leverage options. - Added Polymarket prediction markets so users can trade elections, sports, and finance alongside crypto and stocks. - Launched a Desktop UI redesign and pushed Glob autopilot features and backtested strategies for users to try.
GLUEMoni Score75Moni's Review/Opinion:A Solana GameFi / meme horse-racing project that mints collectible horses (Season 1 capped at 100). Horses are used in races and later “become glue” for future mechanics; the native $GLUE token is referenced but not yet launched on DEX.
Actively running timed races and announcing race winners and SOL payouts to top holders. The team scheduled maintenance between races to push a major update: add WalletConnect, introduce a holder voting system called Glue Congress, add horse image and PFP generators, and fix the race orchestrator (races paused while update ships). They also published on-chain identity for the keeper wallet and reminded users Season 1 minting is capped at 100 horses.
- Announced recent race winners and on-chain payout links; multiple races distributed SOL rewards to top holders. - Scheduled a non-auto-restart maintenance window to deploy WalletConnect, voting (Glue Congress), image/PFP generators, and race-orchestrator bug fixes. - Confirmed keeper wallet has an on-chain name (gibglue.sol) and reiterated Season 1 is limited to 100 horses.
Probably sheet
Baillie Gifford Digital Assets | RWA | Solana | 86 | Not launched | ||
Sibyl Labs | - | Ethereum | 57 | Not launched | ||
DeCrow Finance | DeFi | Solana | 53 | Not launched | ||
Rain Builders | DeFi | Ethereum | 53 | Not launched | ||
ARETE | AI Agents | Solana | 26 | Not launched | ||
Y2 | AI | BASE | 20 | Not launched | ||
AFK Heroes | Solana Idle RPG | GameFi | Solana | 19 | Not launched | ||
Sheerwood | - | DeFi | 16 | Not launched | ||
Opal | DeFi | Ethereum | 49 | Not launched | ||
Loadout | DeFi | Ethereum | 44 | Not launched | ||
Maximillion Pegasus | GameFi | Solana | 43 | Launched | ||
Oddpool | Infra & Data | - | 34 | Not launched | ||
Cactus | DeFi | Ethereum | 30 | Not launched | ||
Basalt Vault - Onchain BTC Yield | DeFi | Arbitrum | 28 | Not launched | ||
tony | - | Solana | 24 | Launched | ||
Toonies | NFT | - | 16 | Not launched | ||
Primals NFT | NFT | Solana | 37 | Not launched | ||
RWAGMI | Tools | BASE | 27 | Not launched | ||
Reflex | DeFi | Ethereum | 18 | Not launched | ||
Cairn | Infra & Data | - | 52 | Not launched | ||
Forge | DeFi | Bittensor | 46 | Not launched | ||
Floofers | NFT | Ethereum | 37 | Not launched | ||
opcode | DeFi | Ethereum | 34 | Not launched |
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