Weekly Alpha Recap #195 | 24–30 August
Bitcoin posts historic weekly dollar gain amid ETF inflows and macro concerns. 11 project highlights and 33 projects in the Probably sheet.
TL;DR
News
Macro & Institutions
Bitcoin posts historic weekly dollar gain amid ETF inflows and macro concerns
Bitcoin ETF inflows hit eight straight days as August tops $3 billion
Franklin Templeton and HashKey launch tokenized money market fund in Asia
Japan plans blockchain-based stock and bond settlement system, target early 2030s
U.S. expands sanctions on Iran to include crypto, gold, shipping and tech
Grayscale's Zcash ETF goes live as Zcash price pulls back after a 60% rally
Strategy sells $2B in MicroStrategy shares, makes no Bitcoin purchases
$6.4B of Bitcoin options expire; market watches for price impact
Bitcoin wallets dormant for over a decade move $40M in one week
SEC preparing overhaul of U.S. crypto custody rules for advisers and funds
Bitfinex Securities raises $50M to push tokenized nickel trading
BitGo acquires NYDIG’s institutional trading business to expand derivatives offering
Bybit launches 24/7 options on stock perpetuals starting with SpaceX and Nvidia
Protocol & DeFi Updates
LayerZero launches ATLAS exchange infrastructure; ZRO token surges
U.S. state banking associations plan to launch a nationwide blockchain network
Solana 'double disinflation' proposal passes; network-wide vote decided narrowly
Moonwell investigates Base lending-market exploit that drained ~$9M
Stablecoins & Hyperliquid
Revolut launches euro-backed stablecoin EURR in phased rollout (Denmark, Poland, Portugal)
Standard Chartered to distribute Anchorpoint HKD stablecoin (HKDAP)
South Korea accelerates Digital Asset Framework Act to settle stablecoin, VASP, ETF rules
Pakistan issues crypto licensing regime with Sept. 5 compliance deadline
JPMorgan evaluating launching its own stablecoin, sources say
Shinhan and Visa test stablecoin issuance and B2B settlements in South Korea
Dunamu and Visa partner on stablecoin and AI business; Open Standard’s OUSD under consideration
Hyperliquid activates AQAv2 to buy back and burn HYPE using USDC reserve yield
PURR jumps after Hyperliquid Strategies discloses a $1.9B HYPE treasury ‘fortress balance sheet’
Hyperliquid to enable permissionless HIP‑4 deployments in next network upgrade
Wallets & UX
Ledger says vulnerable Ethereum app was patched before any exploit; device not hacked
Kraken temporarily locked accounts after 'dust attack' from sanctioned HTX-linked wallets
Sparrow Wallet issues update addressing AI-flagged fixes for Bitcoin privacy
Unstoppable Domains drops $2M plan to bring .crypto and .bitcoin to the standard internet
MoonPay integrates AI agents to handle crypto lending on Solana
Prediction Markets
Kalshi has raised $1.12 billion via private equity offering since April, SEC filing shows
Former White House teleprompter operator fined $172,000 for Kalshi mention‑market trades
Infra, Dev & Culture
Ethereum developers propose initial step to protect ETH staking from quantum attacks
First quantum-resistant Bitcoin transaction executed, StarkWare says
Vitalik Buterin posts on obfuscation (Local Mixing, Part III)
OpenAI ends partnership with Cursor following its acquisition by SpaceX
Drama & Shenanigans
Term Finance governance exploit drains ~$8.5M after attacker bought voting power
Cosmos Labs says it wrongly cleared bug behind a $5.7M six‑chain hack
Shared Cosmos EVM module incident; TAC exploit drains 2.9bn TAC
Morpho PT-reUSD markets manipulated; related Cosmos Labs security post
Tether's $120M Uruguay bitcoin mining project collapses over power contract dispute
BounceBit to retire blockchain and migrate to BNB after $3M exploit
Fogo Foundation reports 400M FOGO tokens stolen in security compromise
Avici/Rain Solana card vulnerability and account drains reported; refunds promised
Neutrl Finance pauses contracts after liquidity shortfall (not a hack)
Crypto CEO faces U.S. extradition over alleged $20M token scheme
Las Vegas businessman faces 280 years after $24M crypto fraud conviction
Project Highlight
downto_financeMoni Score714Moni's Review/Opinion:A platform for decentralized ETFs that lets creators package active strategy vaults into single tokens; this week they announced work on the site and focused on making the 7 Strategy DETF work while reclaiming their Dexscreener profile.
Market cap: $6.8M -> $5.7M (-16.3%). ATH market cap: $8.1M.
apeonfoneMoni Score557Moni's Review/Opinion:Apeonfone packages memecoin culture around mobile-first social trading — feeds, callouts, screenshots and copy-trading aimed at phone-first users. They announced that $fone is now verified on both PumpFun and Fomo this week.
Market cap: $3.9M -> $25.4M (+547.0%).
twofoldfiMoni Score363Moni's Review/Opinion:A dual-yield liquidity infrastructure on Robinhood Chain that runs Uniswap’s DualPool hook to let idle capital earn vault yield and briefly step into pools for swaps; they shipped UX upgrades, live Swap support, and announced 19 pools live plus staking rewards streaming this week. They opened a CoinGecko/CoinMarketCap listing process and pushed product releases including an MCP agent package and reward streaming.
Market cap: $97.8K -> $3.5M (+3428.7%).
jaconlabMoni Score334Moni's Review/Opinion:An NFT project claiming to generate human faces in Java and mint them as collectibles; this week they announced a mint on OpenSea scheduled for 31 August.
CT discussion around it notes the project site previously had task-flow issues and backend verification problems, and some users reported whitelist giveaways.
otcdesksMoni Score225Moni's Review/Opinion:A Solana protocol that mints NFT “desks” which hold on‑chain books and distribute tokenized stocks and yield. This week they opened the token generation event and public mint, completed refunds for early minters, and reported Day 2 totals of 1.7K mints and $115k distributed.
Market cap: $510.7K -> $1.1M (+108.2%).
mastbondMoni Score186Moni's Review/Opinion:An onchain portfolio platform that mints share tokens backed by USDG deposits and visible tokenized allocations on Robinhood Chain. This week they pushed Model Portfolios live, mapping public BlackRock and Vanguard allocations onchain so users can start vaults from documented allocations.
Market cap: $1.3M -> $2.0M (+58.9%).
labs_oninkMoni Score179Moni's Review/Opinion:A boutique product studio building rules-based, ETF-like financial products on Ink with Quotrons liquidity. This week they reiterated their build on Ink/Quotrons and teased VIALs™ and a ‘supercharge the flywheel’ push.
veggietradersMoni Score177Moni's Review/Opinion:A 4,444 NFT collection where each fruit or vegetable is tied to trader mechanics and an on‑chain ‘farm’ economy; this week they announced 3,000 veggies planted and opened their Farmers Market marketplace. They also said they used mint funds to return $43K+ to the farm and that 14.57% of supply has been burned.
Market cap: $475.1K -> $369.1K (-22.3%).
goldengooserhMoni Score171Moni's Review/Opinion:A meme token tied to a Robinhood/Base contract that frames itself as a community token distributing protocol fees to holders; they posted repeatedly this week pushing the gold/profit narrative and linking the contract and withdrawal claims. They ran a string of promotional tweets proclaiming returns and successful withdrawals across the week.
Market cap: $3.9M -> $8.8M (+128.2%).
stonks_exchangeMoni Score156Moni's Review/Opinion:A Base-native launchpad for tokens paired to Coinbase tokenized stocks; this week they reported crossing $5M lifetime volume and said they’ve already burnt more than 6% of a specific token supply from launchpad fees.
Token launched during this weekly window. Current market cap: $1.8M.
Loser of the Week
binancecat_xMoni Score102Moni's Review/Opinion:A BNB-chain meme token that redistributes 1% BNB rewards to holders. They ran a BNBCAT x THE KID & WALTER SHOW Spaces this week to rally the community and promote the token.
Market cap: $5.0M -> $1.5M (-70.0%). ATH market cap: $4.1M.
ninetofivesimMoni Score423Moni's Review/Opinion:An on‑chain career‑sim where each NFT represents an employee that earns tokenized stock payouts and advances ranks to increase payroll share. This week they ran a Payday: all rewards were distributed and they also launched an on‑chain Arcade with five new ways to earn Performance Points.
Market cap: $2.1M -> $310.7K (-84.9%).
theseyongparkMoni Score10Moni's Review/Opinion:Se Yong Park is a meme‑themed virtual park built around the $SEYONGPARK token on Solana, offering a playful interactive web space and community experiences. This week they pushed park visuals and community posts and said the park has donated almost $20,000 to @lcfamerica.
Market cap: $353.1K -> $14.6K (-95.9%).
staybasedonbaseMoni Score15Moni's Review/Opinion:A community-driven meme/DAO built around Base chain culture that centers the "stay based" identity; this week they posted a string of "stay based" messages and referenced tokenized stocks on Base.
Market cap: $247.7K -> $41.5K (-83.2%).
loredotfamilyMoni Score100Moni's Review/Opinion:An InfoFi tool that turns on-chain data into concise origin stories for coins and accounts. This week they shipped a free ‘brokie mode’ (no wallet, no fee) plus new features: loremap, ‘who’s in it’ visibility, and shareable $lore cards.
Market cap: $236.6K -> $13.1K (-94.4%).
Probably Sheet
Name | Segment | Network | Moni Score | Status |
|---|---|---|---|---|
Tools, NFT | Ethereum | Not launched | ||
NFT | Ink | Launched | ||
Meme, DeFi | Hyperliquid | Launched | ||
AI Agents, Infra & Data | Robinhood | Launched | ||
DeFi, GameFi | Base | Launched | ||
- | - | Launched | ||
Tools | Robinhood | Launched | ||
NFT, Other | Ethereum | Not launched | ||
DeFi, NFT | Ethereum | Launched | ||
NFT | Ethereum | Not launched | ||
DeFi, RWA | - | Launched | ||
- | - | Not launched | ||
NFT | - | Not launched | ||
DeFi, RWA | Hyperliquid | Launched | ||
NFT, RWA, DeFi | Ethereum | Launched | ||
Meme | Base | Launched | ||
DeFi, Tools | - | Launched | ||
AI Agents, DePIN | Solana | Launched | ||
AI Agents, Tools | Solana | Not launched | ||
DeFi, Tools | Robinhood | Launched | ||
Meme | Robinhood | Launched | ||
AI Agents, Infra & Data, DeFi | Solana | Launched | ||
NFT | - | Not launched | ||
Tools | Ethereum | Launched | ||
Launchpad, Meme | Robinhood | Launched | ||
DeFi, Other | - | Launched | ||
NFT, RWA | Ethereum | Not launched | ||
Meme, RWA | Ethereum | Launched | ||
Meme, NFT | Ethereum | Launched | ||
Meme | Ethereum | Launched | ||
NFT | Robinhood | Not launched | ||
Meme | Hyperliquid | Launched | ||
NFT | Robinhood | Not launched |
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