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Welcome to daily issue of the Boba Brief Newsletter. This is last 24hrs in crypto, DeFi, macro, ai & tech world

CRYPTO Brief

  • IREN, the Bitcoin miner surged 16% after raising its AI cloud revenue target to over $4B.

  • Vietnam will now fine crypto traders up to $1900 for using unlicensed platforms. Effective September 1st.

  • Robinhood is now open to AI agents. Open an agentic account and connect an AI agent to it and let it research, trade and manage a portfolio on your behalf.

  • Nigeria Pres. Bola Tinubu signs executive order to streamline virtual assets and also launched a council for it.

  • Bitmine bought another 7430 ETH last week. Total holdings 5.78M ETH.

  • Hyperliquid will be rolling out permissionless deployment for HIP-4 outcome markets but this will require deployers to stake 500K HYPE.

  • Pudgy Penguins NFT has launched its Pengu plushies at every TARGET across the US.

  • Cardano has activated its van Rossem hard fork which has cut smart contract costs. This has also set the stage for its major ouroboros Leios scalability upgrade to come late 2026.

  • Allbridge Core was exploited for $1.65M. The attacker bridged the stolen funds from Solana to Ethereum.

  • Polymarket now controls 93% of all political prediction markets. Over all prediction markets captured about 27% of all the World Cup sports betting.

  • Grayscale plans quarterly cash payouts from ETH and SOL staking rewards.

  • Russia to finalize bill tomorrow establishing a legal framework for crypto.

  • Drake reportedly lost $1,500,000 USDT betting for Argentina to win world cup final.

REAL WORLD Brief

  • Skyfall AI, launched by former Microsoft AI researchers. They are planning on spending $1M acquiring a business to test whether an AI CEO can run it; per FORBES.

  • Ryanair saw a 33% drop in its quarterly profit due to the Iran war, which has pushed fares to be lowers, fuel cost rise and over all lower travel demand.

  • Google is now developing a new “Frozen V2” chip that could run Gemini 6-10x more efficiently then its existing TPUs.

  • KOSPI

  • META is facing trial in Tennessee over allegations that Instagram was intentionally built to be addictive to teens.

  • Iran’s RIAL has now hit a record low of 1.95 million per dollar.

  • Elon musk’s SpaceX is targeting this Thursday for its next Starship launch.

DEFI Brief

  • Pendle

  • AAVE

TOP COINS in last 24hrs

CRYPTO : Hyperliquid, Pudgy Penguins, LAB, Lorenzo Protocol, ADI, XRP, Solana, ETH, pump Fun, Meteora, velvet, Jama, Jito

MACRO : Micron, NVIDIA, Sandisk, Tesla, Apple, Advanced Biomed, Neuronetics, Palladium, Copper

CRYPTO & STOCKS I am watching

XRP $1.12 - BITCOIN $65,545 - ETH $1,907 - SOLANA $78 - HYPE $62 - AAPL $326 - AMD $514

Nothing i write or share is financial advice - NFA

BOBA BRIEF

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