Kedar Kshatriya

Today is 4.02 day. Less than a year ago (May 6, 2025), we published the x402 whitepaper. Since then, the protocol has: • Processed 166M+ transactions • Unlocked new monetization models for API, data, and other providers on the web. • Enabled autonomous flows that were difficult to support with traditional account infrastructure Today, we’re taking the next step. x402 is moving to @linuxfoundation, and we are launching x402 Foundation - with broad, cross-industry collaboration & input to steward an open, neutral standard for payments over HTTP. A big thank you to our amazing founding partners in this effort: @Adyen, @Awscloud , @AmericanExpress, @Ampersend_ai, @Circle, @Cloudflare, @Coinbase, @Fiserv, @Google, @KakaoPayCorp, @Mastercard, @merit_systems, @Microsoft, @Polygon, @PPRO_Payments, @Shopify, @SierraPlatform, @Solana , @Stripe, @Thirdweb, and @Visa. Enrollment for the foundation is open if you - or your company - is interested in participating, please reach out!

@lokpray @RobinhoodApp Congrats! 🫡

q update: have joined @RobinhoodApp chain team^^

Kalshi just cleared a major hurdle with approval to offer margin trading. Users, especially hedge funds and institutional players, will be able to take leveraged positions on event outcomes, pushing prediction markets closer to traditional derivatives trading. CEO Tarek Mansour says margin is coming soon.

Today we’re announcing the $57M acquisitions of Autonomous and Architech. Advisory, liquidity, and capital markets infrastructure are disconnected services that operate in silos. Through our acquisition of Autonomous and Architech, we're changing that. gsr.io/insights/gsr-a…

Follow more of the GSR team: @KedarK04 @xinsong86 @Jakob_GSR @JoshR_GSR @Quynh__Ho @Slater_Santer @andyisnotandy @Carlos_Guzman @smachadolopes

Hyperliquid!

Privacy is becoming table stakes for wallets. Welcome to the right side of history, @Solflare 🧙‍♂️

silicon valley was a documentary damn it jian yang

Crypto markets might feel quiet. But there's a lot happening beyond your social media timeline. This week's update from our analysts covers everything from AI and crypto-native risk appetite to the effects of AI and TradFi in onchain markets. Link is in the next post.

@FarzaTV 🦄

I'm going to teach a group of people how to build their first app with AI this week using Codex. I'll do a live tutorial, then we'll all cowork + build. if you don't have an idea to work on, dw I'll help with that too. If you wanna join the call, reply with your fav emoji :-)

. @EthereumDenver this week

wow!

Some notes from The Crypto Tape interview with ICE’s @mblaugrund: - NYSE launching a regulated venue for tokenized equities - Trading stocks 24/7 against stablecoins - How ICE is providing Polymarket data to institutions What this means for crypto capital markets going forward 👇

"Tokenization is about to replace the pipes of archaic banking infrastructure. Not replace SWIFT outright, but change the plumbing that links everything together. That's the direction we're heading" CJ, APAC General Manager @GSR_io

Last week was truly a Big Week in crypto. This first edition of GSR's Weekly Update brief unpacks the $2.2 trillion wipeout, other macro shocks, a hawkish shift at the Fed, pricing in Vitalik's tweets, changing ETF flows, and more. Link in the next post.

Today, Y Combinator is announcing that YC-funded startups can choose to receive their funding ($500k) in stablecoins. We believe stablecoins like @usdc are setting the stage for a new fintech renaissance and broader global access to financial services. Sending money should be as easy as sending a text message. Stablecoins make that possible: cheap, fast, and global, using currencies people already trust. Some of the fastest-growing YC startups in recent years like @get_aspora and @DolarApp use stablecoins to power faster, cheaper financial services across India and Latin America. Plus, with the passage of the GENIUS Act and growing adoption by financial institutions, we’re bullish. Whether crypto-focused or not, we expect many YC startups to use crypto in some way, from payments to banking to capital raising. If you’re building onchain, apply for our Spring ‘26 batch by Feb 9: ycombinator.com/apply

HyperCore will support outcome trading (HIP-4). Outcomes are fully collateralized contracts that settle within a fixed range. They are a general-purpose primitive that are useful for applications such as prediction markets and bounded options-like instruments. There has been extensive user demand in both of these areas, and builders will likely think of novel applications as well. Outcomes bring non-linearity, dated contracts, and an alternative form of derivative trading that does not involve leverage or liquidations. The outcome primitive expands the expressivity of HyperCore, while composing with other primitives such as portfolio margin and the HyperEVM. Outcomes are a work in progress and currently only being tested on testnet. Canonical markets based on objective settlement sources will be deployed once technical development is complete. Canonical markets will be denominated in USDH. Pending user feedback, the infrastructure will be extended to permissionless deployment.