RaaS #414: Trump Revives Trade Wars!

Coinbase Slept On Heist, HYPE Hits ATH, and Moar!

Sophon’s SOPH token will list on OKX and Binance. OKX users who claim before May 25, 2025, will get a 5% bonus. As a Layer-2 with $450M TVL and $60M raised, Sophon targets AI, gaming, and entertainment, using incentives to expand its ecosystem. It will also be listed on Binance.

Asaf Nadler advocates for trimming inactive or fake followers to improve CT engagement, citing a rise from 10k to 550k views per tweet after pruning. He critiques CT’s obsession with vanity metrics and suggests aiming for 25% verified followers to foster healthier, more inclusive growth.

Cookiedotfun spotlights early traction in Spark’s Cookie Snaps campaign, with top users rapidly rising on the leaderboard. Backed by over $3 billion in liquidity, Spark uses UGC and onchain incentives to fuel its modular growth strategy and seed the SPK airdrop.

Kalshi has integrated Solana, enabling direct wallet funding for its regulated prediction markets.

Eara Global has joined Karnot’s Seed Phase accelerator, positioning itself to scale regulated asset tokenization using zk-powered infrastructure. Backed by Starknet’s ecosystem, this move supports privacy-focused, scalable tokenization aligned with global compliance hubs like Singapore and Switzerland.

Reserve Protocol’s Index DTFs (Decentralized Token Folios) hit a $3.46M market cap, signaling rising demand for on-chain index investing. Operating on Ethereum and Base, DTFs offer permissionless, tokenized exposure to curated crypto sectors like AI, stablecoins, and large-caps.

Glassnode’s heatmap reveals over 420,000 BTC accumulated around $94K, forming a strong support zone. This dense clustering, primarily by institutions or whales, suggests high conviction at that level, historically a precursor to major Bitcoin price breakouts.

What is a marketing budget?

Radar Intern introduces “Virtual Virgen: AI Agent Resurgence,” a thread unpacking Virtuals Protocol, where AI agents are tokenized as co-owned, productive assets. It explains how Genesis Launches and “virgen points” create fair, participation-based access, not pay-to-play.

Trump’s tariff threats are shaking markets, briefly pushing Bitcoin below $109K.

Top Gainers: BC, CXT, PURR, DIS, BBT.

Nearly 70,000 Coinbase users’ sensitive data was stolen in a $400M breach after hackers bribed overseas support staff. Critics say Coinbase ignored months of warnings from experts like ZackXBT and Taylor Monahan, raising concerns over lax security at the top U.S. crypto exchange.

HYPE’s 214% price jump in a month, reaching $34.55. HYPE is outperforming the market and now ranks #14 by market cap.

That’s all for today, see ya later!