Weekly Alpha Recap #188 | 6 June –12 July
This week: Coinbase and Kraken pushed deeper into banking, the SEC teased friendlier crypto rules, Tether and Ondo expanded, and BonkDAO lost $20M.
TL;DR
Last Week News
Macro & Institutions
Coinbase lands a UK MiFID license, bringing equities and derivatives under the same roof as crypto.
The SEC is preparing a “Regulation Crypto” safe harbor to make startup fundraising less painful.
Kraken is chasing a European banking license—Revolut cosplay, but on-chain.
Bitcoin’s early-July bounce looks fragile as U.S. demand and market liquidity remain thin.
EDX Markets raises a $76M funding round led by SBI Holdings.
Kenya’s markets regulator wants real-time blockchain surveillance across more than 20 networks.
Gemini launches zero-commission U.S. stock trading in its financial super-app push.
Vanguard begins searching for its first dedicated digital-assets chief.
Paradigm closes a $1.2B fund for crypto, AI, robotics and other “technical frontier” bets.
KOR Protocol raises $7.5M at a $100M valuation for its on-chain IP clearinghouse.
India’s central bank doubles down on keeping banks away from crypto and private stablecoins.
Brussels weighs widening MiCA to cover tokenization and offshore stablecoin issuers.
Dinari and tZERO team up on a turnkey tokenized-equities stack for broker-dealers.
Block agrees to a $45M Cash App settlement over allegedly inadequate fraud protections.
Malaysia’s power-theft crackdown has now seized more than 75,000 crypto-mining rigs.
Ripple puts the XRP logo on Kansas Jayhawks jerseys in a multi-year sponsorship deal.
Stablecoins & Hyperliquid
Binance Earn says it has paid more than $1.2B in stablecoin yield since 2022.
Tether invests $20M in Mercado Bitcoin to push tokenization across Latin America.
Tether retires $2.5B USDT on Ethereum in its largest single burn since February.
Ondo lets tokenized stocks serve as collateral for equity and commodity perpetuals.
Wallets & UX
Radar Chat forks Signal and bakes self-custodial Lightning payments directly into messaging.
Robinhood Chain’s canonical Arbitrum bridge goes live for deposits from Ethereum.
Prediction Markets
Token Launches & Claims
Protocol & DeFi Updates
Berachain switches on PoL Next, beginning its migration away from BGT and legacy boosts.
XRP Ledger v3.2.0 reaches most trusted validators, but broader node adoption still lags.
BNB Chain is building a mempool-free L1 for high-frequency trading and autonomous agents.
Infra, Dev & Culture
Crypto teams start sketching post-quantum migration plans as the encryption threat inches closer.
Rain opens a 10-week agentic-payments startup program for five builder teams.
bunnyOS launches an agent platform built around small models and decentralized inference.
Wisp opens the waitlist for a TEE-backed private AI assistant built by Lido ecosystem veterans.
Beijing considers restricting overseas access to China’s most advanced AI models.
U.S. and Chinese companies now train almost all of the world’s most-used AI models.
Meta pulls its Muse Image rollout after an Instagram privacy backlash.
xAI launches Grok 4.5 with a renewed focus on coding and agentic workloads.
OpenAI launches GPT-5.6 Sol alongside the Terra and Luna model variants.
Drama & Shenanigans
AscendEX halts operations and moves every withdrawal into manual review.
Zapper calls time after nearly seven years, with its app, API and website heading offline.
Kraken wins a $22M arbitration award after auditor Mazars abandoned the exchange.
Vlad Tenev says Robinhood Chain “works great for memes”—the timeline hears “permission granted.”
One degen reportedly turns $85 into more than $2M on Robinhood Chain’s CASHCAT memecoin.
IndexMoni Score533Moni's Review/Opinion:A protocol that pays stock-like dividends from tokenized Robinhood L2 stocks, enabling holders to earn distributions from on-chain tokenized equity exposure.
Green GremlinsMoni Score239Moni's Review/Opinion:An NFT collection / meme project native to Robinhood’s blockchain, branded as Green Gremlins and positioning itself as a community-led ‘cartel’ for collectors.
Recently the account has been running a mint/launch on the Robinhood chain and promoting an upcoming product reveal. Community activity shows secondary sales and large wallet purchases sweeping the floor, with participants sharing buys and praise for the drop.
Account announced a Robinhood-chain launch/mint; community posts reference a successful launch and mint spots (one tweet mentions 30 guaranteed spots, mint price ~0.001 ETH).
The project posted “The first product of the cartel — Reveal soon” signaling an imminent reveal related to the initial mint.
Probably sheet
Name | Segment | Network | Moni Score | Discover | Status |
|---|---|---|---|---|---|
BIF🐂🀄️ | Meme | Solana | 68 | Launched | |
GameFi | Solana | 38 | Not launched | ||
- | Meme | 34 | Not launched | ||
DAO & Community | BNB Chain | 31 | Launched | ||
NFT | Ethereum | 29 | Launched | ||
DeFi | BASE | 25 | Not launched |
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