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:

• New Pod w/ Spike from Persona 🎙️

• How my $300k investment turned out 💰

• Italy raising Bitcoin taxes? 🇮🇹

• A new crypto gaming play I’m getting into 💎

NEWS📰

🔓 Radiant Capital Hit by Second Exploit This Year

Radiant Capital lost over $50 million in a hack after attackers compromised its multi-signature wallet keys, affecting both Binance Smart Chain and Arbitrum. Assets like USDC, WBNB, and ETH were stolen, and the RDNT token fell 9%. Radiant is investigating the breach with security firms.

🚨 $WLFI Token Sale Hits a Standstill at $10M Amid Website Troubles

The Donald Trump-backed World Liberty Financial’s token sale has struggled, reaching only 3.4% of its $300 million goal. After launching on Oct. 15, the platform sold just $10.3 million worth of tokens. The project’s website crashed due to traffic, and only 6,832 wallets hold the token, far below expectations.

📊 Grayscale Files to Convert Multi-Crypto Fund into an ETF

Grayscale has filed with the SEC to convert its $524 million Digital Large Cap Fund, which tracks cryptocurrencies like Bitcoin, Ether, and Solana, into an ETF. This follows previous SEC approvals to convert Grayscale’s Bitcoin and Ethereum Trusts into ETFs, easing trading for investors.

🇮🇹 Italy Considers Increasing Capital Gains Tax on Bitcoin

Italy plans to raise the capital gains tax on Bitcoin from 26% to 42%, as announced by Deputy Economy Minister Maurizio Leo. The proposed increase is part of the country’s new budget bill, which was approved by the Council of Ministers.

📈 Canary Capital Files for Litecoin ETF

Canary Capital filed for a spot Litecoin ETF, days after filing for an XRP ETF. Analysts suggest these moves are strategic, potentially tied to the upcoming U.S presidential elections. The ETF will track the Litecoin Price Index (LTX).

🌐 TON Taps Axelar to Connect 68 Blockchains in the Web3

The Open Network (TON) Foundation has chosen Axelar’s Mobius Development Stack (MDS) to connect TON’s ecosystem with 68 other blockchains. This integration, using Axelar’s Interchain Amplifier, will enhance scalability, improve connectivity across Web3 platforms, and allow TON to interact with major networks like Ethereum, Cosmos, and Polkadot.

🎮 Azra Games Raises $42.7M to Develop New Mobile RPG

Azra Games, a Sacramento based mobile RPG studio, raised $42.7 million in a Series A round led by Pantera Capital, with participation from a16z Crypto, a16z Games, and NFX. The funds will support game development and AI research at Azra Labs, as the company aims to build blockchain-based RPGs for mobile.

🚀 Arkham Intelligence Ready to Launch Derivatives Exchange

Arkham Intelligence firm set to launch a cryptocurrency derivatives exchange next month, targeting retail traders. The exchange will operate from the Dominican Republic, where Arkham is pursuing a license. Arkham is known for its blockchain tracking tools and has raised $12 million from investors, including OpenAI founder Sam Altman.

🏦 Thailand’s Oldest Bank Unveils Stablecoin Services

Siam Commercial Bank (SCB), Thailand’s oldest bank, has partnered with fintech firm Lightnet to offer stablecoin cross-border payment and remittance services. This allows 24/7 transactions with lower fees, making it an appealing option for remittances.

⚖️ NFT Holders File Lawsuit Against Art Gallery

A group of NFT holders is suing Eden Gallery for failing to deliver on its promise of a metaverse-based private club tied to its Meta Eagle Club collection, which raised $13 million from 12,000 NFTs. The lawsuit claims no real progress was made on the project.

Are NFT’s Making a Comeback?

In this episode, I talk with the Legend Spike from Persona about NFTs. We go into the changing NFT landscape, how they’ve adapted during the bear market, and why NFTs will make a comeback this cycle. We also explore what Persona is building with their IP approach, similar to that Pudgy Penguins.

My $300k Investment

In this week’s video, I discuss a $300,000 investment I made in a lesser-known crypto project a year ago. Many believed the project was dead, but here’s what has happened since then .

A Quick Note On Crypto Gaming 📝

This week we saw Off The Grid take the gaming space by storm and surpass Fortnite on the Epic Game store.

We also saw some of the biggest streamers in the space playing Off The Grid and finally getting the use case for crypto gaming.

I believe we’ll see a crypto gaming rotation at some point in this cycle and a rush to buy up various crypto gaming related projects. We’ve had years of building, millions in funding and have hundreds of games launching in 2025.

In my opinion we only need one breakout success for the market to go into an all out buying frenzy trying to buy “the next” big crypto gaming project.

To that end I’m currently buying UNA, a really tiny crypto gaming play, as I feel it’s drastically undervalued if we see a gaming rotation.

UNA is the token associated with Persona and Unagi studio which is built by ex Ubisoft developers, and is sitting around $1.5 to $1.9 million in market cap today.

To give you perspective on how small UNA is, it's 11,075x smaller than DOGE is and there are countless obscure memecoins that are larger than UNA today.

In my opinion as crypto gaming heats up, the market will seek out and find every opportunity in the sector. I find it hard to believe in the scenario UNA is valued so insanely low. At a bare minimum I believe the narrative of "team of ex ubisoft developers" will be powerful enough to push speculation much much higher.

You can buy UNA via Rabby’s built in swap feature on the Rabby wallet.

If you don’t use Rabby you can also buy here:

Defi Llama Aggregator

Or Here:

Uniswap

 UNA is on base and this is the contract address: 0x24569d33653c404f90aF10A2b98d6E0030D3d267

Here’s the Dexscreener link:

Dexscreener Link

As always this is not investment advice or me recommending you buy this token. My channel, and newsletter are for informational purposes only. Think of it like a giant Pinterest board of my interests and the things I’m personally investing in. I provide links to avoid people accidentally buying the wrong token or a scam. They are for convenience but you still need to take the time and do your own research.

Consider that I can always be wrong, any investment can go to zero, and there’s always risk. I never invest more than 5% of my portfolio in even my highest conviction plays. Most plays for me are less than 1% of my portfolio.

I say this and genuinely mean it, if you don’t take your investing research into your own hands YOU WILL LOSE. I know countless people who made fortunes last cycle and lost it all. You have to know what you’re doing to succeed.

Good luck.

AIRDROPS 🪂

To Claim:

Hyper Liquid (Airdrop claim)
Debridge (Airdrop claim)
Optimism (Airdrop 5 claim)
Puffer (Airdrop claim)

To Farm:

Fluid: Lend/Borrow Funds
Gearbox: Earn/Borrow/Farm
Symbiotic: Restaking your ETH
BonsaiDAO: Restaking your ETH
Contango: Defi Looping

SOME TWEETS

MEME OF THE WEEK

TEMPERATURE CHECK📒