<!DOCTYPE html><html lang="en"><head><meta http-equiv="Content-Type" content="text/html charset=UTF-8"><meta charset="UTF-8"><meta name="viewport" content="width=device-width"><meta name="x-apple-disable-message-reformatting"><title>TLDR Crypto</title><meta name="color-scheme" content="light dark"><meta name="supported-color-schemes" content="light dark"><!--[if mso | ie]>
<style type="text/css">
a {
color: #010101 !important;
}
@media (prefers-color-scheme: dark) {
a {
color: #FEFEFE !important;
}
}
</style>
<![endif]--><style type="text/css">
:root {
color-scheme: light dark; supported-color-schemes: light dark;
}
*,
*:after,
*:before {
-webkit-box-sizing: border-box; -moz-box-sizing: border-box; box-sizing: border-box;
}
* {
-ms-text-size-adjust: 100%; -webkit-text-size-adjust: 100%;
}
html,
body,
.document {
width: 100% !important; height: 100% !important; margin: 0; padding: 0;
}
body {
-webkit-font-smoothing: antialiased; -moz-osx-font-smoothing: grayscale; text-rendering: optimizeLegibility;
}
div[style*="margin: 16px 0"] {
margin: 0 !important;
}
table,
td {
mso-table-lspace: 0pt; mso-table-rspace: 0pt;
}
table {
border-spacing: 0; border-collapse: collapse; table-layout: fixed; margin: 0 auto;
}
img {
-ms-interpolation-mode: bicubic; max-width: 100%; border: 0;
}
*[x-apple-data-detectors] {
color: inherit !important; text-decoration: none !important;
}
.x-gmail-data-detectors,
.x-gmail-data-detectors *,
.aBn {
border-bottom: 0 !important; cursor: default !important;
}
.btn {
-webkit-transition: all 200ms ease; transition: all 200ms ease;
}
.btn:hover {
background-color: #f67575; border-color: #f67575;
}
* {
font-family: Arial, Helvetica, sans-serif; font-size: 18px;
}
@media screen and (max-width: 600px) {
.container {
width: 100%; margin: auto;
}
.stack {
display: block!important; width: 100%!important; max-width: 100%!important;
}
.btn {
display: block; width: 100%; text-align: center;
}
}
body,
p,
td,
tr,
.body,
table,
h1,
h2,
h3,
h4,
h5,
h6,
div,
span {
background-color: #FEFEFE !important; color: #010101 !important;
}
@media (prefers-color-scheme: dark) {
body,
p,
td,
tr,
.body,
table,
h1,
h2,
h3,
h4,
h5,
h6,
div,
span {
background-color: #27292D !important; color: #FEFEFE !important;
}
}
a {
color: inherit !important; text-decoration: underline !important;
}
</style></head><body class="">
<div style="display: none; max-height: 0px; overflow: hidden;">The Trading Arena is a platform where anyone can create a trading strategy using natural language, set guardrails, and let an AI agent trade </div>
<div style="display: none; max-height: 0px; overflow: hidden;">
<br>
</div>
<table align="center" class="document"><tbody><tr><td valign="top">
<table align="center" border="0" cellpadding="0" cellspacing="0" class="container" width="600"><tbody><tr class="inner-body"><td>
<table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr class="header"><td bgcolor="" class="container">
<table width="100%"><tbody><tr><td class="container">
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" style="margin-top: 0px;" width="100%"><tbody><tr><td style="padding: 0px;">
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div style="text-align: center;">
<span style="margin-right: 0px;"><a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Ftldr.tech%2Fcrypto%3Futm_source=tldrcrypto/1/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/dzzg9fkyDUMMrWXEOIJ1GrlbymniNrJY9yfZ8fGMM40=452" rel="noopener noreferrer" target="_blank"><span>Sign Up</span></a>
|<span style="margin-right: 2px; margin-left: 2px;"><a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fadvertise.tldr.tech%2F%3Futm_source=tldrcrypto%26utm_medium=newsletter%26utm_campaign=advertisetopnav/1/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/8lfjj5ru2mcoseYUG4L36ESDeW4tcTp4_EJhN3JZDV8=452" rel="noopener noreferrer" target="_blank"><span>Advertise</span></a></span>|<span style="margin-left: 2px;"><a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fa.tldrnewsletter.com%2Fweb-version%3Fep=1%26lc=156ca424-84b7-11f0-a15f-2567a0c406a7%26p=e86defaa-348d-11f1-9cd7-096c7fd5d749%26pt=campaign%26t=1775822720%26s=435571e3fc596d9e0cc82b48c153123d8f8fe70b71bc282d75c263a284372f5a/1/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/PB4f2Fzzj1UIWcRNFQ6ezOjHdxMZsF6S2QRJ6X8zcN8=452"><span>View Online</span></a></span>
<br>
</span></div>
</td></tr></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="text-align: center;"><span data-darkreader-inline-color="" style="--darkreader-inline-color:#3db3ff; color: rgb(51, 175, 255) !important; font-size: 30px;">T</span><span style="font-size: 30px;"><span data-darkreader-inline-color="" style="color: rgb(232, 192, 96) !important; --darkreader-inline-color:#e8c163; font-size:30px;">L</span><span data-darkreader-inline-color="" style="color: rgb(101, 195, 173) !important; --darkreader-inline-color:#6ec7b2; font-size:30px;">D</span></span><span data-darkreader-inline-color="" style="--darkreader-inline-color:#dd6e6e; color: rgb(220, 107, 107) !important; font-size: 30px;">R</span>
<br>
</td></tr></tbody></table>
<br>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody></tbody></table>
<table style="table-layout: fixed; width:100%;" width="100%"><tbody><tr><td style="padding:0;border-collapse:collapse;border-spacing:0;margin:0;">
<div style="text-align: center;">
<h1><strong>TLDR Crypto <span id="date">2026-04-10</span></strong></h1>
</div>
</td></tr></tbody></table>
<table style="table-layout: fixed; width:100%;" width="100%"><tbody></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 10px 10px 0px;">
<div class="text-block" style="border: 2px solid red; border-radius: 10px; padding: 0 10px;">
<p><strong><a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Ftldr.tech%2Fcrypto%2Fstay-subscribed%3Fem=silk.theater.56%2540fwdnl.com/1/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/1BFS7E4UuSSFGzBkIUFaMUKXqB-wj2m7THcoBJldpOE=452">Click here to remain a subscriber</a> </strong></p>
<p>Clicking on newsletter links is the best way for us to know you are reading TLDR Crypto.
</p>
<p>Please click <a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Ftldr.tech%2Fcrypto%2Fstay-subscribed%3Fem=silk.theater.56%2540fwdnl.com/2/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/A9gAiaMwCTe4_5ydLQ3wBnfryt5hkBuoVCjnZE5Kxc4=452">this link</a> to remain a subscriber otherwise we will automatically unsubscribe you within 30 days.</p>
<p></p>
</div>
</td></tr></tbody></table></td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr>
<tr bgcolor=""><td class="container">
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td style="padding: 0px;">
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding-top: 0px; padding-bottom: 0px;">
<div class="text-block">
<div style="text-align: center;"><span style="font-size: 36px;">📈</span></div></div>
</td></tr></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding-top: 0px; padding-bottom: 0px;">
<div class="text-block">
<div style="text-align: center;">
<h1><strong>Markets & Business</strong></h1>
</div>
</div>
</td></tr></tbody></table>
<table style="table-layout: fixed; width: 100%;" width="100%"><tbody><tr><td style="padding:0;border-collapse:collapse;border-spacing:0;margin:0;" valign="top">
<table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div class="text-block">
<span>
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Flinks.tldrnewsletter.com%2F0GlYK5/1/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/x4ERb6FKQtKi9Al8rj76rSAMJIS-20Gv7eaDBzjkaew=452">
<span>
<strong>Bitcoin Likely Bottomed Near $60K, Quantum Risk Overblown (2 minute read)</strong>
</span>
</a>
<br>
<br>
<span style="font-family: "Helvetica Neue", Helvetica, Arial, Verdana, sans-serif;">
Strategy's Michael Saylor said bitcoin likely bottomed in early February near $60,000, citing improving macro liquidity from rate-cut expectations, sustained ETF inflows absorbing daily supply, and corporates reallocating treasury assets into BTC. On quantum computing risk, Saylor dismissed the threat as theoretical and decades away, arguing Bitcoin's open-source design allows for cryptographic upgrades well before a credible attack vector materializes. He identified the formation of banking credit and digital credit built on top of Bitcoin as the next major catalyst for price appreciation.
</span>
</span>
</div>
</td></tr></tbody></table>
<table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div class="text-block">
<span>
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Flinks.tldrnewsletter.com%2FFZfi6W/1/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/W7oFKZhUDtnBk8OSehiyXtabUZG8Y80EPmBJl30yq9U=452">
<span>
<strong>Morgan Stanley Launches MSBT, First Bank-Issued Spot Bitcoin ETF (3 minute read)</strong>
</span>
</a>
<br>
<br>
<span style="font-family: "Helvetica Neue", Helvetica, Arial, Verdana, sans-serif;">
Morgan Stanley launched MSBT on NYSE Arca. It is the first spot bitcoin ETF issued by a major US bank and recorded $34M in first-day volume with pricing at a 0.14% fee, undercutting BlackRock's IBIT. Bloomberg senior ETF analyst Eric Balchunas placed the debut in the top 1% of all ETF launches and projects MSBT could reach $5B AUM in year one. Custody is handled by Coinbase, and the fund leverages Morgan Stanley's OCC charter, with IBIT still holding the lead at roughly $55B in AUM.
</span>
</span>
</div>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding-top: 0px; padding-bottom: 0px;">
<div class="text-block">
<div style="text-align: center;"><span style="font-size: 36px;">🚀</span></div>
</div>
</td></tr></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding-top: 0px; padding-bottom: 0px;">
<div class="text-block">
<div style="text-align: center;">
<h1><strong>Innovation & Launches</strong></h1>
</div>
<br>
</div>
</td></tr></tbody></table>
<table style="table-layout: fixed; width: 100%;" width="100%"><tbody><tr><td style="padding:0;border-collapse:collapse;border-spacing:0;margin:0;" valign="top">
<table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div class="text-block">
<span>
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fthreadreaderapp.com%2Fthread%2F2042275704184676652.html%3Futm_source=tldrcrypto/1/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/EJJOzeajsCp8mC93tgTNz3pBCgdwskkuPiCXi6QGikY=452">
<span>
<strong>Coinbase Launches AI Trading Arena (3 minute read)</strong>
</span>
</a>
<br>
<br>
<span style="font-family: "Helvetica Neue", Helvetica, Arial, Verdana, sans-serif;">
The Trading Arena is a platform where anyone can create a trading strategy using natural language, set guardrails, and let an AI agent trade on their behalf. It's built on top of Coinbase's exchange and gives agents a segregated portfolio to trade within. Anyone can make their agents visible on a leaderboard, or dig into specific strategies to understand the AI's reasoning and decision-making history.
</span>
</span>
</div>
</td></tr></tbody></table>
<table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div class="text-block">
<span>
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Flinks.tldrnewsletter.com%2FyMpc7X/1/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/pPuPRnjSk7-KVVFoSs9ITvPebbjLG6hqQNDNfldr_ek=452">
<span>
<strong>Hyperbeat Launches Liquid Banking on HyperEVM (5 minute read)</strong>
</span>
</a>
<br>
<br>
<span style="font-family: "Helvetica Neue", Helvetica, Arial, Verdana, sans-serif;">
Hyperbeat launched Liquid Banking on HyperEVM, a passkey-controlled self-custodial smart wallet that consolidates saving, spending, trading, and fiat access into a single onchain account, replacing the need for separate CEX, bank, card issuer, and lending desk infrastructure. Credit Mode allows users to post BTC, ETH, SOL, HYPE, beHYPE, or USD+ as collateral in dedicated Morpho Blue markets on HyperEVM and spend via just-in-time borrowing at Visa merchants worldwide without liquidating underlying positions. The account also supports native multi-chain deposits from Bitcoin, Ethereum, and Solana wallets, direct Hyperliquid spot and perps trading, USD+ auto-yield on USDC balances that simultaneously serve as credit collateral, and fiat on/off-ramps via ACH, FedWire, or SEPA with a dedicated IBAN.
</span>
</span>
</div>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding-top: 0px; padding-bottom: 0px;">
<div class="text-block">
<div style="text-align: center;"><span style="font-size: 36px;">💡</span></div></div>
</td></tr></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding-top: 0px; padding-bottom: 0px;">
<div class="text-block">
<div style="text-align: center;">
<h1><strong>Guides & Tutorials</strong></h1>
</div>
</div>
</td></tr></tbody></table>
<table style="table-layout: fixed; width: 100%;" width="100%"><tbody><tr><td style="padding:0;border-collapse:collapse;border-spacing:0;margin:0;" valign="top">
<table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div class="text-block">
<span>
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Flinks.tldrnewsletter.com%2FDaTKCJ/1/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/fR0Cr1KG-Jp4G86CyALTmXpr_5uX1T0_zaScE_g5PZA=452">
<span>
<strong>Institutional Risk Transfer via Prediction Markets (6 minute read)</strong>
</span>
</a>
<br>
<br>
<span style="font-family: "Helvetica Neue", Helvetica, Arial, Verdana, sans-serif;">
A 90-page working paper applies Hayek's spontaneous order framework to argue that prediction markets are structurally superior to traditional derivatives for pricing binary risk at an institutional scale. It quantifies the "Vega Wedge," the total cost gap between the two, as the sum of variance risk premium, Basel III dealer balance sheet costs, and replication friction from constructing binary payoffs via multi-leg positions. The Wedge runs ~0.7% on FOMC rate contracts and widens to 2-4% for contested elections and emerging market central bank decisions, where prediction markets price the same exposure in a single contract at a single price.
</span>
</span>
</div>
</td></tr></tbody></table>
<table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div class="text-block">
<span>
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Flinks.tldrnewsletter.com%2FKMbo8Q/1/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/S_ct_nLGkBQoOXt7k_vzHbr0SCzA2hBslXfmdIeyTsA=452">
<span>
<strong>DATs Are Lame (5 minute read)</strong>
</span>
</a>
<br>
<br>
<span style="font-family: "Helvetica Neue", Helvetica, Arial, Verdana, sans-serif;">
Cypherpunk Technologies is publicly rejecting the DAT model, given that treasury companies offering public wrappers around hoarded assets represent financial engineering arbitrage rather than product innovation, a critique reinforced by broad MNAV compression and discounts on weaker entrants. The company holds 294,743 ZEC (1.78% of total supply) and is targeting 5% of the network, framing the position around a thesis that private digital money capturing 1% of the $10T+ offshore undeclared wealth market implies a $100B Zcash network, compared to ZEC's current 0.4% of Bitcoin's market cap.
</span>
</span>
</div>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding-top: 0px; padding-bottom: 0px;">
<div class="text-block">
<div style="text-align: center;"><span style="font-size: 36px;">🦄</span></div></div>
</td></tr></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding-top: 0px; padding-bottom: 0px;">
<div class="text-block">
<div style="text-align: center;"><strong><h1>Miscellaneous</h1></strong></div>
</div>
</td></tr></tbody></table>
<table bgcolor="" style="table-layout: fixed; width: 100%;" width="100%"><tbody><tr><td style="padding:0;border-collapse:collapse;border-spacing:0;margin:0;" valign="top">
<table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div class="text-block">
<span>
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Flinks.tldrnewsletter.com%2FnZCYJ1/1/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/UMB-dzphUrEvxpg_qRQpYBVellO-5CnYOKkpJgL8TPM=452">
<span>
<strong>Who Will Win When Everyone Wants to Be Your Neobank? (6 minute read)</strong>
</span>
</a>
<br>
<br>
<span style="font-family: "Helvetica Neue", Helvetica, Arial, Verdana, sans-serif;">
Monthly crypto card volume grew from $100M in early 2023 to over $1.5B by late 2025 (106% CAGR), with the market now exceeding $18B annualized and stablecoin-linked card spending hitting $4.5B in 2025 (+673% YoY). However, 60% of onchain card volume is concentrated in a single custodial platform, RedotPay, which commands roughly 4x the volume of its next 13 competitors combined. Meanwhile, 11 companies, including Circle, Ripple, BitGo, Paxos, Fidelity, and Morgan Stanley, filed for OCC trust bank charters in 83 days, and Coinbase, Kraken, Nubank, PayPal, and Revolut are all pushing toward full banking. The core tension: 76% of traditional neobanks are unprofitable, stablecoins compress FX margins toward zero, and the winning economics in banking (Nubank's 85% interest income share, SoFi's charter-driven NIM expansion) come from lending books, not card interchange. Infrastructure concentration is the systemic risk as Visa captures over 90% of onchain card volume, and Rain powers multiple major platforms, creating Synapse-style single points of failure.
</span>
</span>
</div>
</td></tr></tbody></table>
<table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div class="text-block">
<span>
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Flinks.tldrnewsletter.com%2F84Q856/1/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/TZnMrlBwwN_HfsB_GxJTCd6euKipXHPnVZC8OYOZq6c=452">
<span>
<strong>DOJ and CFTC Argue Sports Event Contracts Are Financial Swaps (3 minute read)</strong>
</span>
</a>
<br>
<br>
<span style="font-family: "Helvetica Neue", Helvetica, Arial, Verdana, sans-serif;">
The DOJ and CFTC sued Illinois, Arizona, and Connecticut, arguing that sports prediction market contracts on CFTC-designated exchanges like Kalshi are "swaps" under the Commodity Exchange Act and that federal jurisdiction preempts state gambling laws. A Third Circuit court ruled 2-1 on April 6 that Kalshi's sports event contracts are swaps under the CEA, affirming a preliminary injunction barring New Jersey from enforcing its gambling laws against the platform. States counter that contracts tracking sports outcomes function as traditional wagers and should carry age restrictions and consumer protections, setting up a broader federal-versus-state battle over who regulates prediction markets.
</span>
</span>
</div>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding-top: 0px; padding-bottom: 0px;">
<div class="text-block">
<div style="text-align: center;"><span style="font-size: 36px;">⚡</span></div></div>
</td></tr></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding-top: 0px; padding-bottom: 0px;">
<div class="text-block">
<div style="text-align: center;">
<h1><strong>Quick Links</strong></h1>
</div>
</div>
</td></tr></tbody></table>
<table bgcolor="" style="table-layout: fixed; width: 100%;" width="100%"><tbody><tr><td style="padding:0;border-collapse:collapse;border-spacing:0;margin:0;" valign="top">
<table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div class="text-block">
<span>
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fthreadreaderapp.com%2Fthread%2F2041863864443163074.html%3Futm_source=tldrcrypto/1/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/-nsJWrOOTUa-zbLPZS5rMmsqDCt9zmZAMZwLx3hg48w=452">
<span>
<strong>Nevermined Enables Autonomous Agent Payments via Visa + x402 (3 minute read)</strong>
</span>
</a>
<br>
<br>
<span style="font-family: "Helvetica Neue", Helvetica, Arial, Verdana, sans-serif;">
The stack targets compliant, programmable agent commerce without requiring human approval at each transaction.
</span>
</span>
</div>
</td></tr></tbody></table>
<table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div class="text-block">
<span>
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fmurmurationstwo.substack.com%2Fp%2Fif-satoshi-is-still-alive-they-must%3Futm_source=tldrcrypto/1/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/UWaf7uCIwM5ttMHtSINHmqG7jU-kZkzWhGdRV8itTNo=452">
<span>
<strong>One simple reason why I think Satoshi is no longer with us (5 minute read)</strong>
</span>
</a>
<br>
<br>
<span style="font-family: "Helvetica Neue", Helvetica, Arial, Verdana, sans-serif;">
Satoshi Nakamoto is likely deceased because 1.7 million BTC remain in quantum-vulnerable p2pk addresses.
</span>
</span>
</div>
</td></tr></tbody></table>
<table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div class="text-block">
<span>
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fthreadreaderapp.com%2Fthread%2F2041902465528799609.html%3Futm_source=tldrcrypto/1/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/ktXU-6XTrJvXY1ACEdkzH2DWsoPAxr6pHkQPuGMEKz4=452">
<span>
<strong>Morpho Launches AI Agent Developer Platform (1 minute read)</strong>
</span>
</a>
<br>
<br>
<span style="font-family: "Helvetica Neue", Helvetica, Arial, Verdana, sans-serif;">
Morpho launched Morpho Agents in Beta, a developer platform enabling AI agents to integrate with Morpho's lending protocol within minutes via two tracks: User Agents for interacting with Morpho and Builder Agents for building on top of it.
</span>
</span>
</div>
</td></tr></tbody></table>
<table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div class="text-block">
<span>
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Flinks.tldrnewsletter.com%2FV9kUvm/1/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/lxZHqDabINGnxNanW-37kMh1ByGR2smSV9CQVUCSAYQ=452">
<span>
<strong>Base Batch 003 Accelerator (4 minute read)</strong>
</span>
</a>
<br>
<br>
<span style="font-family: "Helvetica Neue", Helvetica, Arial, Verdana, sans-serif;">
Base Batch 003 selected 12 teams from over 1,100 applicants, a 63% increase from the prior cohort.
</span>
</span>
</div>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td align="left" style="word-break: break-word; vertical-align: top; padding: 5px 10px;">
<p style="padding: 0; margin: 0; font-size: 22px; color: #000000; line-height: 1.6; font-weight: bold;">
Love TLDR? Tell your friends and get rewards!
</p>
</td></tr>
<tr><td class="container" style="padding: 0px 10px 15px;">
<div class="text-block">
Share your referral link below with friends to get free TLDR swag!
</div>
</td></tr>
<tr><td align="left" style="padding: 10px;">
<div class="text-block">
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Frefer.tldr.tech%2F2738b62c%2F6/1/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/2U28iVSR0db4_jf6ET2tvfQY8yaaHbji3VPq6i1xA_4=452" style="color: #464ba4; text-decoration: underline;">https://refer.tldr.tech/2738b62c/6</a>
</div>
</td></tr>
<tr></tr>
<tr><td align="left" style="padding:5px 10px;">
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fhub.sparklp.co%2Fsub_5eb7645ebcd1%2F6/1/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/i0ukV0qJ7X8_22VQrJZc-INkiyArAs8eGywLomCwOLo=452" style="font-size: 16px; line-height: 1.6; padding: 10px 0; display: inline-block; text-decoration: underline;"><span style="mso-text-raise:13pt; text-decoration: underline;">Track your referrals here.</span></a>
</td></tr></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td align="left" style="word-break: break-word; vertical-align: top; padding: 5px 10px;">
<p style="padding: 0; margin: 0; font-size: 22px; color: #000000; line-height: 1.6; font-weight: bold;">
Want to advertise in TLDR? 📰
</p>
<div class="text-block" style="margin-top: 10px;">
If your company is interested in reaching an audience of crypto investors and builders, you may want to <a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fadvertise.tldr.tech%2F%3Futm_source=tldrcrypto%26utm_medium=newsletter%26utm_campaign=advertisecta/1/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/bgyGsofWF-MR0NIOodUMVdFQK9zUgVIm_MEajLraJo8=452"><strong><span>advertise with us</span></strong></a>.
</div>
<br>
<!-- New "Want to work at TLDR?" section -->
<p style="padding: 0; margin: 0; font-size: 22px; color: #000000; line-height: 1.6; font-weight: bold;">
Want to work at TLDR? 💼
</p>
<div class="text-block" style="margin-top: 10px;">
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fjobs.ashbyhq.com%2Ftldr.tech/1/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/sQPw-1-9M6j45W4TcOrRJXIiTXH_dF8tUan96YmQT-k=452" rel="noopener noreferrer" style="color: #0000EE; text-decoration: underline;" target="_blank"><strong>Apply here</strong></a>,
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fjobs.ashbyhq.com%2Ftldr.tech%2Fc227b917-a6a4-40ce-8950-d3e165357871/1/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/s5SAi03dPbLvMChkVyvFcTcrRUeFnBHN1a7khK3kTbk=452" rel="noopener noreferrer" style="color: #0000EE; text-decoration: underline;" target="_blank"><strong>create your own role</strong></a> or send a friend's resume to <a href="mailto:jobs@tldr.tech" style="color: #0000EE; text-decoration: underline;">jobs@tldr.tech</a> and get $1k if we hire them! TLDR is one of <a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fwww.linkedin.com%2Ffeed%2Fupdate%2Furn:li:activity:7401699691039830016%2F/1/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/S8PLKoUKOp_bNZTtL4ewSruhrrXXZfFNZy03Hipuvso=452" rel="noopener noreferrer" style="color: #0000EE; text-decoration: underline;" target="_blank"><strong>Inc.'s Best Bootstrapped businesses</strong></a> of 2025.
</div>
<br>
<div class="text-block">
If you have any comments or feedback, just respond to this email!
<br>
<br> Thanks for reading,
<br>
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fwww.linkedin.com%2Fin%2Fesham-macauley-76733986%2F/1/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/fwmUGfrBnU6AugHxhmcmWcuWkFCbMmpe9vOZqMynsQk=452"><span>Esham Macauley</span></a> & <a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fwww.linkedin.com%2Fin%2Flincolnmurr%2F/1/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/4799fBCJrql6dyDRCSpbjWEqhaIH9f_1Va9ZYnLD_h4=452"><span>Lincoln Murr</span></a>
<br>
<br>
</div>
<br>
</td></tr></tbody></table>
<table align="center" bgcolor="" border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="container" style="padding: 15px 15px;">
<div class="text-block" id="testing-id">
<a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Ftldr.tech%2Fcrypto%2Fmanage%3Femail=silk.theater.56%2540fwdnl.com/1/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/IdhyXZhDALNH6ljkTm4LU0bawwoNjiNQnCVLHwWsU_E=452">Manage your subscriptions</a> to our other newsletters on tech, startups, and programming. Or if TLDR Crypto isn't for you, please <a href="https://tracking.tldrnewsletter.com/CL0/https:%2F%2Fa.tldrnewsletter.com%2Funsubscribe%3Fep=1%26l=514b3efb-6f16-11ec-96e5-06b4694bee2a%26lc=156ca424-84b7-11f0-a15f-2567a0c406a7%26p=e86defaa-348d-11f1-9cd7-096c7fd5d749%26pt=campaign%26pv=4%26spa=1775822460%26t=1775822720%26s=33e713c12e801db958d05ed3813bbf7426e5e6a7078e7b49b93c2e2494c21c20/1/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/qnLiwifslX8-ufTxCWGAwKE-uCJNHFmJpF-uVnIJBxI=452">unsubscribe</a>.
<br>
</div>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
<img alt="" src="http://tracking.tldrnewsletter.com/CI0/0100019d77484e3f-d96c2ab9-d883-4046-b67a-a7a0145f3fb3-000000/6qQFFh2jGGXepKYjyEPucjT2rris6jFwpSouaC90jE4=452" style="display: none; width: 1px; height: 1px;">
</body></html>