hucker🎩 (hucker)

For five years, Rainbow Wallet has been on a mission: making crypto effortless, accessible, and intuitive for everyone. Rainbow is a popular self-custodial wallet for EVM networks that offers user-friendly mobile and desktop experiences. The wallet offers support for in-app crypto buys and token swaps, and has long teased the prospect of an airdrop with a prominent parachute embossed “rewards” button. The RNBW presale is live now, available exclusively to accredited U.S. investors through long-running crypto ICO platform CoinList. The RNBW token will have a total supply of 1B, with 3% allocated toward this ICO, and it will be offered until December 18, 2025, at 17:00 UTC. Tokens will be sold at $0.1, implying an FDV of $100M, or a 33% discount to Rainbow’s last private round, which included tokens and equity.

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🚓 Do Kwon Sentenced to 15 Years Behind Bars. Kwon's sentence for his role in the $40B collapse of Terra/Luna exceeded the prosecutor-recommended 12 years.

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The Perps Proving Ground While the market and trading activity are down, when attempting to make sense of HYPE underperformance, it's important not to discount how much the perps landscape has evolved alongside Hyperliquid itself. Lighter and Aster are just examples of onchain competition. And while their volume is likely inflated by airdrop hunting, they offer real alternatives. Offchain, Coinbase’s perps offerings will soon be joined by Robinhood play here. More competitors will emerge as perpetuals continue going mainstream. In other words, Hyperliquid is in the midst of its proving ground and will continue to be in 2026. The question isn't whether it had a remarkable 2025 — it certainly did. The question is whether the exchange can demonstrate that its model, of growing via integrations like builder codes and decentralization like HIP-3, remains superior as the field gets crowded. What got them here was building a better product and better ecosystem, and doing so without shortcuts. What keeps them

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Hyperliquid has been impossible to ignore lately. HYPE has climbed nearly 4x off its all-time lows and emerged as the best-performing token in the top 100 over the past month — up over 110%. Ecosystem metrics tell an even more compelling story: Hyperliquid now commands 70% of all DeFi perps volumes, amounting to $1.5T in total volume, with ecosystem TVL hitting $1.4B — up over 100% just this month. Amid the breakneck growth, Hyperliquid has seemingly been on a world tour — it's everywhere you look across Twitter, shilled on national TV, profiled by Bloomberg, and at the center of policy conversations. In other words, the momentum has picked up significantly for Hyperliquid since we last covered it in January, just weeks before the HyperEVM went live.

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2️⃣ Deutsche Bank Launching an L2 Deutsche Bank has taken its next step into blockchain with the launch of Project Dama 2, an L2 built on ZKsync. Developed in collaboration with Memento Blockchain and Interop Labs, Dama 2 uses ZKsync for enhanced scalability and privacy, while Axelar ensures interoperability with Ethereum and other chains. Dama 2 is part of Singapore’s Project Guardian, a multi-institutional initiative exploring asset tokenization in regulated financial markets. Deutsche Bank plans to launch a minimum viable product next year, pending regulatory approval, of course.

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In many ways, 2024 sold the story of bitcoin's value to the world as the asset surpassed $100K and launched an epic revenge run. This year in crypto wasn't just about BTC though; 2024 was a huge year for both the Solana and Ethereum communities. And while, as always, there was a decent amount of infighting between the two premiere smart contract platforms at various points, this was a year that showcased the distinct strengths of each community in building experiences that ultimately brought more attention to the crypto space while setting up the industry for a legendary 2025.

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5️⃣ Pump.fun Suspends Livestreams Pump.fun indefinitely suspended its livestreaming feature this week following alarming behavior on its platform. “Devs” had increasingly turned to broadcasting shocking acts to boost token prices, prompting widespread backlash and calls for stronger moderation. This heat has likely contributed partly to the rotation towards Base. With a token launch on the horizon, it will be interesting to see if Pump.fun ties platform moderation into the token’s utility..

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