{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/63e26a946b77a10011ea5094/68b099f27620a68ee6c224ca?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Aug 28: Euler Hits $3B in TVL While Sandbox Crashes Out","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/63e26a946b77a10011ea5094/1756404141532-07c4be52-a5c4-431a-9900-056eb7431971.jpeg?height=200","description":"<h2>HEADLINES</h2><ul><li><strong>Euler emerges as DeFi’s super app</strong>&nbsp;— TVL jumps from $189M to $2.9B in 2025, driving $6M annualized revenue and backed by 40+ audits.</li><li><strong>Visa-backed Rain raises $58M Series B</strong>&nbsp;— Scaling stablecoin-powered debit/credit card infrastructure, with transaction volume up 10x this year.</li><li><strong>Solana validators weigh Alpenglow upgrade</strong>&nbsp;— New consensus aims for 150ms finality, higher resilience, and efficiency under heavy activity.</li><li><strong>The Sandbox implodes</strong>&nbsp;— Founders ousted, 125+ layoffs, global office closures, and $SAND down 95% with only a $100–300M treasury left.</li><li><strong>U.S. Commerce Dept. uploads GDP data on-chain</strong>&nbsp;— First-ever federal macro data published to Bitcoin, Ethereum, Solana, and more, partnered with Chainlink and Pyth.</li></ul><h2>Little Bits</h2><ul><li><strong>Jump Trading alums raise $20M for aPriori</strong>&nbsp;— Pushing HFT infrastructure into DeFi, now $30M total funding with Pantera, HashKey, IMC, and others.</li><li><strong>Pantera Capital plans $1.25B Solana public vehicle</strong>&nbsp;— Aims to double all current public company SOL holdings combined.</li><li><strong>Tornado Cash devs get $500K legal aid</strong>&nbsp;— Solana Policy Institute funds appeal of money laundering convictions.</li><li><strong>Kanye’s YZY token collapses</strong>&nbsp;— Over 50K wallets lose, while 11 wallets make $1M+ in profit during the rug.</li></ul><p><br></p><p>Don’t miss the&nbsp;<strong>DailyCryptoNews podcast </strong>on Spotify &amp; Substack — daily 20-minute episodes Mon–Fri.</p><p><br></p><p>Follow us on Twitter:&nbsp;<strong>@DCNDailyCrypto. </strong>Check the Substack for all top stories.</p><p><br></p><p><br></p><p><br></p><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 or FOLLOW 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><strong>Trader Cobb X:&nbsp;</strong>@TraderCobb</p><p>https://www.thegrowmeco.com/</p><p><strong>Editing Services</strong></p><p>https://www.contentbuck.com</p><p><br></p><p><strong>——————————————————————</strong></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"}