🦙 Llama News Round-Up | 25 Sep - 2 Oct

News 📰
→ “Crypto Mom” Hester Peirce submits resignation letter to SEC after 9 years of service
→ Apollo chief economist warns of AI agent-fueled bank run
→ California bans state officials from launching memecoins
→ CFTC approves Coinbase’s USDC-native clearinghouse
→ Bitget begins phased resumption of withdrawals following hack
→ SEC publishes FAQ on crypto asset securities laws
→ Blocktower Capital’s Ari Paul claims Coinbase lost $25m of firm’s crypto, suggests “massive and repeated hacks”
→ ESMA calls for MiCA changes

 Layer 1 & 2 ⛓️
→ Researchers publish “Shielded Bitcoin” paper for Zcash-style privacy across Bitcoin network
→ Monad published post-quantum roadmap
→ Cobalt upgrade goes live on Base
→ Ethereum Foundation and Open Anonymity Project annouce zkAPI

DeFi 🏦
→ Jumper to separate from LiFi to build ‘super app’
→ Nillion begins node migration to Ethereum L1
→ THORchain responds to Bitget no-freeze action
→ Pear Protocol is moving its token from Arbitrum to Hyperliquid
→ Telegram Wallet rebrands to Walt
→ Drift CEO resigns as project rebrands to Velocity
→ RIP Balancer: wind-down proposal passes, fork proposal does not
→ Ethena ends USDe incentives
→ Abracadabra proposes winding down operations

Reads 📚
→ Inter Blockchain Services: Should permissionless infrastructure decide who is allowed to use it?
→ Vitalik Buterin: The cryptographic world computer
→ Category Labs: Evidence from PropAMMs Across Chains
→ DefiLlama Research: A look into Confidential DeFi

Raises & Acquisitions 💰
→ Citrea acquires Crest for Privacy BTC tech and makes it its flagship product
→ Multicoin Capital invests in Grass Network
→ Stablecoin-native banking platform Jeeves raises $110M

Security 🛡
→ Officer launches platform for OSINT services and onchain investigations
→ Fake GIWA RPC and bridge address drains ~$2M
→ MetaMask continues security incident investigation, “no immediate threat to wallets”
→ Payy’s post-mortem
→ NEAR Intents exploited for $3.8M, funds to be compensated in full

AI 🤖
→ YieldXYZ on agent-managed treasuries
→ Circle launches agent marketplace on Arc
→ Nvidia + 100 partners form Open Agent Safety Platform
→ DefiLlama Research: What percentage of DeFi hacks could AI reproduce today?

Llama Update 🦙
→ Meet the llamas at Token2049 in Singapore
→ Compare 30 crypto debit and credit cards by cashback rewards, fees, supported chains, and availability
→ Universal Token Ratings gets an upgrade
→ Get access to advanced yield data based on onchain simulations with a Pro subscription
→ KPK’s Investor Relations Dashboard is live

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