fc-updates

Introducing web wallet

- No Chrome extensions—natively integrated into the app
- 100% functionality from mobile
- New minimized wallet and mini app UX
- Dock in the sidebar while you scroll
- Especially useful for streaming or live mini apps
- Ability to 1-click lock
- Sign in securely using your mobile device for a 7-day session

crypto

European Bitcoin treasury company The Blockchain Group confirmed its return to profitability while unveiling aggressive plans to expand its Bitcoin reserves over the coming years.

The Paris-listed firm, which formally rebranded itself as Europe’s first “Bitcoin Treasury Company ” in Nov 2024, recorded a net profit of €1.3M  for 2024, reversing a €22.7M  loss from the prior year.

The result followed deep restructuring efforts, including divestitures and cost reductions, which reduced general and administrative expenses by 43% and overall staff costs by 34%, per its annual financial report.

I just voted "For" on "Approval of STEP 2 Committee's Preferred Allocations" https://snapshot.box/#/s:arbitrumfoundation.eth/proposal/0xd67d17db3bd230b163ce1f791d8712812446bced14ef2de875fd01ab3e2be3d6

Onchain Computer

🧡 Stablecoins used to sit idle in self-custody. Not anymore.

@ledgerofficial just launched stablecoin yield in Ledger Live — powered by Kiln DeFi via @morpho, Compound, Aave, Spark, and Sky.money.

👉  Users can now earn yield on USDT, USDC, DAI, and USDS directly from their wallets. Smart DeFi access, enabled by Kiln.

Read more: https://www.kiln.fi/post/ledger-live-x-kiln-defi-non-custodial-approach-to-stablecoin-yield

Michael Saylor Enters IBIT

🔼 Strategy founder says BlackRock's IBIT spot Bitcoin ETF is the largest ETF in the world in 10 years.

Launched in January 2024, IBIT has become the fastest-growing ETF in history, raising $10 billion in seven weeks since its inception.

📈IBIT currently has over $53 billion in assets under management. However, this is an order of magnitude less than the $573 billion of the Vanguard S&P 500.

51K BTC have been withdrawn from exchanges over the last 24H.

What does Farcaster look like in the near term?

At some point this summer:

1. Coinbase Wallet will have a Farcaster-powered feed in their mobile app with millions of existing users. This will be the most significant increase to practical decentralization of the protocol since the beginning.

2. Our app will be called Farcaster. Easy to explain to the average person—"download Farcaster in the App Store".

3. Sign ups for most people will be free. Link your X / Twitter account and no payment required.

4. Wallet will be available on web. And thanks to auth addresses, no more "please open your phone to continue using this mini app".

5. Wallet and mini apps will expand their support to multiple chains. If there's an interesting app in crypto, the goal will be to have it play nicely with Farcaster.

6. We're going to continue scaling our weekly reward programs: iterating on casting and building mini apps, but we're also working on a new version of the invite program that rewards referrals AND retention.

I just voted "YAE" on "[TEMP CHECK] Aave and ether.fi Cash: A Proposal for Real-World Utility" https://snapshot.box/#/s:aavedao.eth/proposal/0x579f6252983710ae8193ca4bd4c5c2c397d43f946a604592c60103501ac073e2

Zora Unofficial Airdrop Checker
https://zora.assam.dev/

Here are 2 boys and 1 girl. Can you spot the girl?

I saw nothing.
I heard nothing.
But ...knows EVERYTHING.

I just voted "0.002/0.001 (linear discount)" on "EtherScore Attestations - Pricing model & Discounts" https://snapshot.box/#/s:etherscoredao.eth/proposal/0xc99f996ba4bcc7550ae77abb1d8e340d6246384170c89ce587e1ee18bf7f05ec

Digital asset investment products saw US$795m in outflows last week, marking a third consecutive week of declines and bringing total outflows since early February to US$7.2bn, nearly wiping out YTD inflows.

I currently rank #1000+ on The Leaderboard. Where do you rank?

After markets lost all hopes, there is a light at the end of the tunnel..

When market finds out they started printing, BTC will be at $100K. No new liquidity is needed for that. New liquidity is needed for continuation.

Crypto reacts faster than any other markets both to the upside and to the downside.

I currently rank #3000+ on The Leaderboard. Where do you rank?

Omid 🎩

@omidl4308