{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/63e26a946b77a10011ea5094/68a4ba80e2f63983a74c650b?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Aug 19: The Story of Grift City - How to Burn $140M in VC Money","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/63e26a946b77a10011ea5094/1755625820806-940caa59-e9c8-4e40-be23-7d4b71262198.jpeg?height=200","description":"<p><strong>HEADLINES FOR AUGUST 19</strong></p><ul><li>Wyoming shocks markets with its multi-chain “Frontier” stablecoin launch.</li><li>1inch unveils native Solana-to-EVM swaps, no bridges required.</li><li>Chamath’s $250M “American Exceptionalism” SPAC reignites the&nbsp;<em>Grift City</em>&nbsp;debate.</li><li>Story Protocol implodes—$140M raised, $25 in revenue, and a vanishing CEO.</li><li>Do we really need more L1s? DeFi Llama data shows daily revenues scraping the bottom.</li></ul><h6><br></h6><h6><strong>Little Bitz</strong></h6><ul><li>Solana hits 100K TPS in test run post-Alpen Glow</li><li>Tether hires Bo Hines, ex-White House Crypto Council head, as U.S. advisor</li><li>Bullish IPO<strong>:</strong>&nbsp;Raised $1.1B at $37/share, $5.4B valuation (Owners of Coindesk and Peter Thiel-backed operation)</li></ul><h4><br></h4><h4><strong>WHERE TO FIND DCN</strong></h4><ul><li><a href=\"https://dailycryptonews.net/\" rel=\"noopener noreferrer\" target=\"_blank\">dailycryptonews.net</a></li><li><a href=\"https://twitter.com/DCNDailyCrypto\" rel=\"noopener noreferrer\" target=\"_blank\">https://twitter.com/DCNDailyCrypto</a></li></ul><h4><br></h4><h4><strong>EMAIL the Host</strong></h4><p>Email: kyle@dailycryptonews.net</p><p><br></p><p>*****</p><p><a href=\"https://www.magicnewton.com/\" rel=\"noopener noreferrer\" target=\"_blank\">Magic Newton</a>&nbsp;Wallet</p><p>https://magic.link</p><p><br></p><p><strong>Trader Cobb X:&nbsp;</strong>@TraderCobb</p><p>https://www.thegrowmeco.com/</p><p><br></p><p><strong>Editing Services</strong></p><p>https://www.contentbuck.com</p><p><br></p><p><strong>——————————————————————</strong></p><p><br></p><p>***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION &amp; ENTERTAINMENT!</p>","author_name":"Matt Diemer"}