TL;DR

• Web3 startup Vana has successfully raised $5 million in a strategic funding round, led by Coinbase Ventures.

• Moody’s believes that while DePIN technology has significant potential, it also faces a number of hurdles.

• Coinbase has added CoW Protocol (COW) to its listing roadmap for future currency offerings.

• The U.S. SEC has accused NanoBit and CoinW6 of running a cryptocurrency "relationship investment scam" via social media platforms.

• Ray Dalio, the founder of Bridgewater Associates, thinks the Federal Reserve should reduce interest rates by 25 basis points.

• Taiko has completed its Trailblazers Season 1 snapshot and launched Season 2, releasing 6 million TAIKO tokens.

Grab Your 7 Day Free Trial

You're invited to upgrade your subscription to our Premium membership with a 7 day FREE trial!

No catches. No strings attached. Just pure crypto alpha to get you ahead!
Upgrade now for:

Ad-Free Experience 🚫👀
Weekly News Summary 📰🔥
Weekly Market Summary 💸📈
Weekly Airdrop Summary 🎁💎

All for just $15/month after the trial.
Don't miss out! Get your FREE trial today 👇

Alpha of the Day

Vana’s Victory Lap: $5 Million Secured in Strategic Funding

Web3 startup Vana just scored a solid $5 million in a strategic funding round, with Coinbase Ventures leading the way. It's like Vana hit the jackpot, but instead of slot machines, it’s the digital gold rush. This funding round isn’t just a few coins in the fountain; it’s a full-on dive into the deep end of the crypto pool. With Coinbase backing them up, Vana’s ready to take on the Web3 world like a pro surfer catching the perfect wave. Watch out, because they’re coming in hot with new innovations, and they're riding high on that $5 million.

Moody’s on DePIN: Potential Galore, But with a Twist

Moody’s took a long, hard look at DePIN technology and came back with a classic “it's complicated.” Sure, it's got loads of potential—like that promising startup in a garage phase—but it's not without its fair share of obstacles. Picture DePIN as a racecar that could break the speed record, but first, it's got to navigate a track filled with potholes, oil spills, and the occasional stray cat. While the tech might be ready to hit the gas, there’s some serious roadwork needed to smooth out the ride. So, if DePIN were a dating profile, it might read: “Great potential, a few quirks, swipe right if you’re into challenges.”

Newsletter Bitcoin

Receive weekly Bitcoin summaries with news, insights and analysis on all things Bitcoin, all for free.

Coinbase and CoW Protocol: Moo-ving onto the Listing Roadmap

Coinbase just added CoW Protocol (COW) to its listing roadmap, proving that sometimes you need a little livestock on the blockchain. This isn’t just any cow—it’s a protocol cow, and it’s moo-ving its way into the crypto exchange with a swagger. By putting COW on the roadmap, Coinbase is essentially saying, "Yeah, we’re bullish on this one." The crypto exchange seems to be herding in all the innovative assets, and CoW Protocol is the latest to join the pasture. So, for those who thought crypto couldn't get any more diverse, here comes a cow, and it’s ready to make a statement.

NanoBit and CoinW6: Busted for a "Relationship Investment Scam"

The U.S. SEC just dropped the hammer on NanoBit and CoinW6, accusing them of running a “relationship investment scam” via social media. If this were a reality TV show, it’d be called "Crypto Catfish: The SEC Edition." These guys were playing the digital love game but with a twist—luring in investors with a promise of riches rather than roses. It turns out that not all crypto love stories have a happy ending, and the SEC isn't the type to let this drama slide. With this takedown, they’re sending a clear message: scammy romance in the crypto world isn’t going to fly, not on their watch.

Ray Dalio’s Take: Fed Should Cut Interest Rates by 25 Points

Ray Dalio, the mastermind behind Bridgewater Associates, thinks the Fed should trim those interest rates by a cool 25 basis points. It’s like telling the Fed, "Hey, it's sweater weather—time to ease up a bit." Dalio’s all about keeping things balanced, and this move, in his eyes, would be like adding just the right amount of hot sauce to the economic stew. Too little, and it's bland; too much, and you’re in for a wild ride. So, he’s nudging the Fed to find that Goldilocks zone—not too hot, not too cold, but just right to keep the economy cruising smoothly.

Creator Spotlight

Behind-the-scenes stories from across the creator economy.

Taiko’s Trailblazing: Season 2 Drops with 6 Million Tokens

Taiko is back with a bang, wrapping up Trailblazers Season 1 and kicking off Season 2 by unleashing a whopping 6 million TAIKO tokens. It’s like the next season of your favorite TV show just dropped, but instead of plot twists, you’re getting a digital treasure trove. They’ve taken a snapshot of Season 1, and now they're setting the stage for Season 2, with more tokens than you can shake a stick at. If you thought Season 1 was wild, buckle up—Season 2 promises to be an all-out token party, with enough action to keep any crypto enthusiast glued to their screens.

Crypto Policy Consensus: Both Parties Want to Stay Competitive

In a rare moment of political harmony, Coinbase's U.S. Policy Director announced that both parties agree on one thing: crypto regulations are crucial to maintaining global economic competitiveness. It’s like a scene from a buddy cop movie where rivals finally join forces for the greater good. They might have different styles—one’s the by-the-book type, the other a loose cannon—but they’re united in their mission. So, if crypto were a Hollywood script, this is the part where the unlikely duo sets out to bring order to the wild, wild world of digital assets. Who said politics couldn't have a little plot twist?

Big Desk Energy

Startup insights, stories, and vibes sent to your inbox every Tuesday.

Follow us on X

Check out the Podcast

Listen to crypto founders and our weekly roundup on your favourite podcast platform