GM. This is the Never Die Newsletter, where I share whatever crypto news and content I feel like, every week, short and sweet, right to your beautiful little inbox.
This week we have:
📺 Latest Episode: A Deep Dive Into Bittensor
📰 News: Aave Proposes Winding Down V3 Markets Across 6 Blockchains
NEWS📰
🧹 Aave Proposes Winding Down V3 Markets Across 6 Blockchains
A new Aave governance proposal (ARFC) recommends winding down the protocol's V3 deployments across six blockchains; Sonic, Scroll, zkSync, Metis, Soneium, and Aptos alongside offboarding 50 low-use token reserves and 21 matured principal tokens.
📉 Strategy Posts $8.2B Q2 Loss on BTC Price Drop
Strategy posted an $8.22 billion Q2 net loss, driven almost entirely by an $8.32 billion unrealized paper loss as Bitcoin fell 14% during the quarter. Despite the drawdown, the company expanded its treasury to 843,775 BTC (up 25% YTD) and launched a BTC monetization program, selling $218.4 million in Bitcoin to help fund preferred stock dividends.
⚖️ New York Sues Kalshi
New York Attorney General filed a lawsuit against prediction market platform Kalshi, alleging it operates an unlicensed, illegal gambling business by offering event contracts on sports and elections. The lawsuit seeks civil penalties, full forfeiture of gains, and an immediate halt to Kalshi's state operations.
A Deep Dive Into Bittensor
In this video, I take a deep dive into Bittensor (TAO), one of the most talked about AI crypto projects. I break down how the network works, what subnets actually do, why TAO is often called the Bitcoin of AI and whether the investment thesis really holds up.
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