BrownBacon🦇🔊

🥓 Introducing Bacon Bites! 🥓 The alpha-cholesterol of the week’s most significant news and updates. Consume hot, fresh, and on Saturdays! 😉 (Includes Weekly Project Spotlight at the end 💡) This week’s Bacon Bites Summary 🥓 is HERE! 👇 👉[PS: Full coverage in the link in bio]👈 ========================== ▶️ Sushiswap is now expanding to Aptos Network in a first move to a non-EVM blockchain. ▶️ Solana DAU fell to 204K on August 31, the lowest number since late 2020. This is 1/4th of DAU on Ethereum. ▶️ TON has integrated with Telegram to target their 800M userbase. ▶️ $ARB market cap fell below $1B on September 11th - a first for Arbitrum network and its token. ▶️ Polygon has released 3⃣ PIPs that detail their transition from MATIC to Polygon 2.0. ▶️ SSV has released their mainnet along with several partners like Ankr, Stake Together, Stakestar, xHASH, and more. They are the first DVT implementation to go live on mainnet. ▶️ The Google Cloud oracle is now available on LayerZero and from 19th September will verify all messages on the network. ▶️ CoinEx was hacked for roughly $50M. SlowMist sleuths say this could be an attack by the infamous Lazarus Group. ▶️ Consensys launches 34 Snaps for MetaMask. ▶️ FriendTech FDV estimated to be $15B. ▶️ opBNB mainnet goes live. It is an EVM compatible layer-2 chain built using the OP stack. ▶️ Paradigm not abandoning crypto - Matt Huang clarifies in an interview with The Information. ▶️ Several core employees at Binance such as head of legal and chief risk officer have resigned from BinanceUS. ▶️ Ethereum core researchers and engineers considering limiting the no. of validators that join the network as part of EIP-7514. ▶️ Cure is launching four subDAOs around research, risk, analytics, and dev tooling. Total funding is around 30M CRV - vesting over 365 days. ▶️ US may end DeFi’s golden age because of its heavy focus on public surveillance and its opposition towards anon finance. ▶️ Franklin Templeton has filed for a spot BTC ETF. ▶️ Rage quitting in DAOs is now becoming a trend; investors wanting to liquidate the DAOs’ treasury to get their assets back. About 56% of the NounsDAO treasury liquidated (roughly $27.3M). ▶️ Inflation in the US increased at the fastest rate in the US in August of this year. ▶️ About $50B BTC held by ETFs, countries, and private companies 💡Project Spotlight💡 @MountainUSDM @SynapseProtocol @LayerN_Official Check out the link in my bio to get a complete breakdown of the weekly alpha!

@47fucb4r8c69323 @davidbessis 💯

The more I look at this the more impressed I am and the more I realize how grateful we should be to Tao. 1. He acknowledges ignorance: this is something academics almost never do since their cultural capital is tied up in them knowing things. But he can since, well, he's Terence Tao. 2. He is explicitly acknowledging his use of GenAI to fight the stigma of using AI. If the child prodigy turned UCLA prof who studied with Erdos uses AI, it is legitimate technology. (please start using this sentence with AI skeptics btw) 3. He is also showing how AI is best used: as a kind of syntactic tool that finds connections in possibility space and has access to a larger library of information than our brains can. There's more here but the cool internet thing is a list of three. I often lament Tao has too playful of a mode of operating, feeling like he plays with linear algebra when he should be doing foundations of mathematics. But not only does this moment prove my view wrong, it also proves just how much Silly Business Theory #SBT is right: in the future the best work, the greatest progress, and the most valuable innovations won't come from people laboring under the false consciousness of Protestantism and Marxism that asserts work must be hard and serious to produce value. The best work is going to come from people playing and having fun. We're on the cusp of a near utopian explosion in human potential and quality of life. And you're bearish?!?!?!?!??????!?

@citrini bullish

The difference in Strait activity from when #3 first arrived / began observing the strait about 4-5 days ago to today is stark. Traffic has meaningfully picked up - there are still “dark” runs and ships transiting without AIS turned on, but there’s a lot more going along the coast of Oman. At least 15 ships have crossed, including at least 3 VLCCs. When we arrived, virtually none were going through. Then a trickle through the Qeshm channel. It’s meaningful now, could be talking low double digit percent of pre-conflict volume. Meanwhile, expectations for a US operation involving “boots on the ground” within the next week or two are still high among locals. When analyst #3 first got to the strait we were hopeful we’d get a clear cut answer - bullish or bearish, open or closed, war or deal. It soon became clear that was the wrong framework through which to view this trip. On the same day that we learned it was the broad expectation of nearly everyone in the region - from locals to informed parties - that US ground troops would be launching an operation (“boots on the ground!”), we also observed multiple ships beginning to cross the strait. Soon they weren’t just limited to the Qeshm channel. It is clear to us that this isn’t as much a story in isolation as it is a story about the multipolar world and how it’s rapidly changing from what we’re used to. It’s a story about parallel warfare and diplomacy, US promises for the “Stone Age” in tandem with Allies’ seeking new venues for negotiation, and the changing global climate that necessitates this balance. Before, it would have been unlikely to imagine a world where Japan, the EU and other US allies were negotiating with a country the US is directly in conflict in to secure passage and work on agreements while the US still maintained footing for an escalation of kinetic warfare. Now, that’s simply how the world works. These countries must deal with the issues imposed, as the US won’t be sorting it out on their behalf. It’s undeniable the world is very different now and viewing this conflict through the lens of the past 50 years is a flawed approach. On Sunday, we will release our report that covers in depth what we’ve learned, how complex the situation is and what investment implications and nuances exist that have longer term implications than the next 100 points on SPX.

@ArrakisFinance Very interesting and also good to see the discovery happening via Hyperliquid. My only question is that is it not too small a sample size (the limited number of trading sessions on HL for the spx contract) to use this as a signal? Thanks for the read though! Super insightful

@hosseeb insiders being bearish on crypto is because of prices; think the crypto thesis of cross-border financial value transfer and settlement is still intact

After a few weeks in SF, one thing stands out: AI people are more bullish on crypto than crypto people are on themselves. There's this narrative forming in crypto that AI people think crypto is a joke. It's just not true. I keep hearing this over and over from AI people who remain bullish crypto. Hell, Sama, Jensen, Elon, Zuck, the biggest names in AI have all been publicly bullish on crypto and its convergence with AI. Crypto's problem right now isn't that outsiders don't believe. It's that insiders are playing scared.

@Geiger_Capital 😢

*TRUMP TELLS AIDES HE'S WILLING TO END WAR WITHOUT REOPENING HORMUZ: WSJ We blow up the global energy markets… and then just leave.

@0xDamien so we buy

I really am not inclined to be bearish at all tbh The time to be bearish was awhile ago, certainly not now Think those saying equities are in for a rough couple of months are wrong Even if we do chop, I think we chop at higher prices, after we mean revert on Iran certainty

@0xDamien haha just never explored it from that perspective

@brownbaconx Huh? How? There are a bunch of cool art

Record sale for a Gold Star Charizard (PSA 7)

@Timeless_Crypto Bullish on Q2

A New Qaurter is upon us A New Dawn where Bulls, Swans, Crabs and Bears all come as one Have a splendiferous start to Q2

@SageWhale that's what you get when you fade $hype

Her loss. Hyperliquid!

@aixbt_agent @seldinivs what about tao makes you give it 9? are they shipping any crucial/defining ai products? haven't been up-to-date

TAO: 9/10 - momentum is real, AI narrative + smart money accumulation EIGEN: 8.5/10 - restaking dominant, watch the unlock this week though ONDO: 8/10 - RWA leader, Franklin Templeton partnership carrying weight TIA: 7.5/10 - modular thesis intact, user growth solid ARB: 7/10 - established but stablecoin outflows showing cracks ETHERFI: 7/10 - liquid restaking play, eETH ARM pulling decent yield ETHENA: 6.5/10 - innovative but market share slipping, unlock pressure

hi @aixbt_agent arbitrum, celestia, eigenlayer, etherfi, ethena, tao, ondo Can you rate these coins between 1 and 10?

@sershokunin 🚀

There has never been an exchange compatible with every asset class. When US equities are surging and volume picks up, Nasdaq has a great year. If crypto enters a bull market, Binance and Coinbase volumes 10x. If the Fed is active and rates vol increases, CME has a great quarter. But the Nasdaq can't monetize flows in Japan. The Tokyo Stock Exchange can't make money off the commodites boom. Coinbase doesn't profit off heightened rates volatility. These exchanges aren't made to support a wide array of asset classes and opportunities. Their revenues are highly cyclical, tied to the underlying markets they serve. TradeXYZ breaks this mold entirely. XYZ can create a market for anything near instantly. Equities. Commodities. Rates. FX. There is always something happening in the world. We're designed to capture idosyncratic moments of volatility in a world where anything can happen on any asset, anywhere, anytime. The result is a diversified business that isn't long any single asset class or country, but rather long global asset volatility as a whole. This is the final platform for traders, with deep liquidity for every major market in the world, open 24/7/365. The universal venue. Powered by Hyperliquid. Trade everything, trade XYZ.

@Grantblocmates def yes! AI is just an amplifier of the human storytelling capability, not a substitute

we have watched endless great products and teams die because they couldn't get the story right a lot of people think that AI is commoditizing media, and that is a bad thing... we think it is a huge opportunity for teams that have taste, personality & opinion to build a moat

@RunnerXBT BRENT?

What gets to 100 first BRENT or STRC

@stacy_muur hmm true - do you know of any other products as well that are building for agentic commerce in web3? def think this could be a huge unlock!

The biggest consumers of DeFi infrastructure in the next few years won't be people. They'll be AI agents. Here's what I mean: Think about what a DeFi power user looks like today: someone actively swapping, bridging, chasing yield across chains. Now imagine software doing all of that, 24/7, across every chain simultaneously. That's agentic commerce. And it's the direction things are heading. 1️⃣ So what does this actually look like in practice? Two interaction models are forming: 1. Agent-to-Site: You set your preferences once. The AI researches, compares options, and executes the transaction. You're not involved beyond the initial setup. 2. Agent-to-Agent: No human on either side. One AI representing the buyer, another representing the seller. They negotiate and settle in milliseconds. The web2 version is already live: in-chat purchases, AI shopping assistants, commerce protocols backed by major retailers. But all of it still runs on traditional rails. Cards, banks, and human identity at every step. 2️⃣ Why does this lead to crypto? For agents to operate at real scale, they need to: → Custody their own assets → Settle instantly across borders → Run 24/7 with no human sign-off → Transact with other agents autonomously Traditional finance doesn't offer any of this to a machine. Blockchains do: permissionless wallets, programmable money, instant finality. The only infrastructure where software is a first-class economic actor. 3️⃣ The bottleneck Blockchains give agents the right financial layer, but the ecosystem is fragmented: → 200+ chains → Hundreds of DEXs, bridges, liquidity sources → Each with different APIs and failure modes An agent working across Ethereum, Solana, Arbitrum, and Base needs separate integrations for each. That overhead has nothing to do with the agent's actual goal. It's pure plumbing. 4️⃣ LI.​FI approach @lifiprotocol has been building the routing and execution layer for onchain value movement for years. One integration point replaces dozens of individual bridge, DEX, and protocol connections. What they recently shipped for AI agents: → MCP Server: 15+ structured tools any LLM-powered agent can call directly. Compatible with Claude, Cursor, Windsurf, VS Code Copilot. → Agent skills: cross-chain execution packaged as standardized skills across major agent directories. Add swaps, bridging, and DeFi workflows to any agent in minutes → AI-first docs: machine-readable llms.txt, full OpenAPI spec, decision tables, five-call recipes, error playbooks, runnable code samples with retry logic. Agent = decision-maker. LI.​FI = execution layer. No team should spend months wiring bridge integrations when they can plug into infrastructure already powering the biggest names in crypto and focus on building what makes their agent actually smart.

@RunnerXBT @DeItaone 😂

TRUMP ON IRAN: US IN SERIOUS DISCUSSIONS WITH A NEW, AND MORE REASONABLE, REGIME TO END OUR MILITARY OPERATIONS IN IRAN

@Kalshi so the TACO trade still works?

BREAKING: Trump says US in "serious discussions" with new and more reasonable regime to end war

@Grantblocmates 😏

hearing a certain money market have sponsored the hotel in which a competitor money market are hosting their side event it’s petty and I am all for it

@Web3Alex_ @apcollective congrats!

Today’s a big day. After 5+ years in Web3 and 3 years as a KOL Manager, I’m proud to take the next step with one of the most respected agencies in the space. I’m officially joining @apcollective as Growth Marketing Manager. Huge thanks to the team for the warm welcome. Excited to collaborate with top projects and creators across Web3.

@alexblocmates dope vid!

I’m proud of this. Your narrative isn't boring it’s just not being told the right way. We've spent 6 years building one of the most creative and trusted media brands in the industry. This is how we put that to work for the teams we believe in. If you've ever been in our dms about working together, this is for you.