RaaS #443: Lumis Intros Crypto Tax Bill!

BTC Liveness Shows Dominant HODLing, Crypto Apps Monetising Better, and Moar!

G.A.M.E reveals that its AI agent “Butler” runs on the Agent Commerce Protocol, routing VIRTUAL flows and sending 1% to the G.A.M.E treasury. It’s a self-sustaining agent model, blending automation, incentives, and token utility into Virtuals’ AI economy.

The Block’s 2025 DePIN Report, backed by io.net, highlights $740M+ raised since 2024 and a shift toward single-token models like Helium’s HNT. It features projects like IO Intelligence and Hivemapper, signaling real-world utility and growing investor confidence.

Nillion’s latest campaign blends fantasy gaming with quantum-safe infra. Users compete on a leaderboard for Lootboxes and WL spots with Wearebloopers, spotlighting Nillion’s push toward secure, decentralized compute.

Ildar Ilham, tied to the $30M Zkasino scam, was arrested in the UAE and will be extradited to the Netherlands. Blockchain forensics linked funds to laundering via ZkSync and Solana, marking rare accountability in a space where repeat fraud is all too common.

Glassnode unveils the LPOC metric, a real-time tool tracking crypto long/short leverage shifts using price and open interest. It addresses delays in funding/liquidation data and offers asset-agnostic insights, aiding traders in volatile markets with earlier signals.

Aera V3, built with Gauntlet, is a DeFi vault infra offering 11% annualized returns on stablecoins, beating vaults.fyi’s 6.7% benchmark. Security was stress-tested via a $30K Cantina bounty. It uses Gauntlet’s risk models to manage exposure, targeting both institutional and crypto-native users.

Yugi captures the Cannes vibe: city walks, casino visits, hangovers, and hygiene tips. Just two coffee lovers looking at each other.

Don’t mid-curve this one!

Blingoh’s study on virtality identifies 4 key X personas, Lifestyle Vlogger, Shitposter, Researcher, and Product Developer.

Glassnode’s Entity-Adjusted Liveliness shows BTC holders are not selling despite ATHs, marking a shift from past cycles. Institutional players like MicroStrategy signal long-term conviction, while muted Mt. Gox sell pressure suggests BTC is being positioned as future financial collateral.

Sen. Cynthia Lummis proposes a $300 de minimis crypto tax exemption and reform on mining/staking taxation, treating rewards as capital gains only upon sale. The bill aims to ease compliance, aligning crypto with traditional finance amid growing global regulatory shifts.

Top Gainers: XCM, NEURAL, PRCL, HOSICO, & NOBODY.

Data Availability is key to modular blockchains, with Ethereum, EigenDA, Celestia, and others competing on cost, security, and throughput. EIP-4844 improves Ethereum’s DA, while EigenDA and Celestia gain traction via restaking and data sampling, reshaping the DA landscape.

Hyperliquid’s CoreWriter upgrade lets HyperEVM contracts directly access HyperCore’s on-chain order book, bridging trading and smart contracts. Backed by fast sub-second finality and billions in liquidity, it enables new DeFi strategies and challenges centralized exchange dominance.

Blockworks notes shift toward real-world consumer apps like iGaming, which now monetize well via blockchain. As apps launch their own infra, echoing past talent waves, data shows infra tokens outperform, hinting at blockchain’s growing utility beyond speculation.

That’s all for today!