OVERVIEW

Local Altcoin Volunteers To Go First So The Rest Can Watch What Happens 👷

Here’s What’s Happening 👇️

Today’s top trending tickers: Kendu Inu, Litecoin, XYO Network, Algorand, and TROLL

Biggest winners: $BEAT ( ▲ 56.36% ) , $WLFI ( ▲ 8.94% ) , $XMR ( ▲ 9.91% ) . $MORPHO ( ▲ 3.35% ) , and $CRV ( ▲ 10.6% )

Biggest losers: $SIREN ( ▼ 22.84% ) , $VVV ( ▼ 10.85% ) , $WLD ( ▼ 11.51% ) , $ENA ( ▼ 7.96% ) , and $INJ ( ▼ 7.08% )

Before we dive in, here’s the total crypto market cap and altcoin market cap charts:

Click to enlarge.

NEWS
DeFi Borrowers Thrilled To Learn They’ll Be Liquidated Gradually Instead Of All At Once 😶

$CRV ( ▲ 10.6% ) shipped Llamalend v2 today. The original LLAMMA idea was the good part of v1: instead of liquidating at a single price, each position gets a liquidation range. Collateral converts gradually inside the zone, and if price bounces back out, borrowers recover most of the position.

Scaled out instead of stopped out. V2 widens where that applies, with three main changes:

1. The crvUSD requirement is gone. Markets can pair any two supported assets, pending DAO approval, and non-crvUSD markets carry an admin fee that flows to Curve governance.

2. LP tokens as collateral. Curve LP positions can back loans while still earning trading fees. Real capital efficiency – and real reflexivity, since lending risk and liquidity risk now live in the same system.

3. Isolated markets. Each market gets its own parameters, caps, and oracle setup. Containment, not elimination.

Launch starts on Optimism with borrow caps at zero until the DAO votes them open (7ish days), plus 100,000 OP in Merkl incentives. Yes, that’s a launch for a product you can’t use yet.

AI
Decentralized AGI Network Promises To Be Uncontrollable In A Safe Way 🤖

Dr. Ben Goertzel (SingularityNET, ASI Alliance) published a several-thousand-word argument on avoiding an AGI catastrophe. TL;DR version is Anthropic and OpenAI are both shallow, and the answer happens to be the decentralized architecture he’s spent decades building.

His critique of the big labs is a good read. Anthropic’s “preserve the option to pause” only works if frontier AI requires giant, monitorable compute. Remove that assumption and there’s nothing to verify and nobody to stop.

Hell, even Anthropic concedes the verification can’t be built in time. OpenAI’s “race ahead but defensively” fares no better: defensive conditioning gets fine-tuned away by whoever holds the weights, and capability diffuses globally within months no matter who’s leading.

His alternative: AGI safety as a complex-systems problem turning on seven ‘hinges’: chokepoint, observability, takeoff speed, forkability, lead-scaling, offense-defense balance, stewardship.

Credit where due – he names his own weak points: bioweapon tail risk doesn’t vanish, states can reconstruct walls, and governance capture remains unsolved.

AI
Speaking of AI: Bancor Confirms New AI Agent Fully Autonomous Except For The Part Where You Sign Everything 🖋️

Same week we got several thousand words on constitutional collective superintelligence, Bancor comes out with this gem.

$BNT ( ▼ 1.06% ) ’s Carbon DeFi shipped an MCP server on $CELO ( ▲ 1.51% ) . MCP is the protocol that lets agents ( Claude, ChatGPT, Cursor, etc) call external tools, and this one exposes 25 of them: live market data, 365-day backtests, strategy creation, position management, swaps. You describe what you want in plain English, the agent translates it into a Carbon strategy.

Buy below a target, sell above, build a buy wall, run liquidity in a tight band. Standard MM logic with a conversational front end. Buuuuut, the agent doesn’t sign. It returns an unsigned transaction for you to review and approve. Goertzel needs seven hinges to keep AGI from ending the species; Carbon keeps you safe with “you click the button, not the robot.” 

NEWS IN THREE SENTENCES
AI, Stablecoins, & Privacy News 🕵️

🧬 Stellar Prepares For Quantum Doom While Everyone Else Reuses Password123

$XLM ( ▲ 0.26% ) says quantum-safe signers will hit enterprise wallets in 2026, with broader account support by end of 2027. Stellar accounts can rotate signing keys without changing addresses or moving balances. Genuinely elegant, which I’m legally required to admit once per quarter.

🤖 Machines Get Their Own Credit Cards

$MA ( ▼ 1.24% ) launched Agent Pay for Machines with $POL ( ▼ 2.99% ) among the early participants. Polygon claims 95% of x402 agent payments already settle on its network – 15.5 million transactions and counting. Bot-to-bot micropayments need cheap infrastructure, and legacy settlement wheezes like a fax machine in a thunderstorm.

NEWS IN THREE SENTENCES
Real World Asset Tokenization (RWA) News 🪙

🏦 Ethena Adds Tokenized CLOs

$ENA ( ▼ 7.96% ) picked $CFG ( ▲ 4.84% ) as a tokenization partner and is adding Janus Henderson’s tokenized AAA CLO strategy to USDe’s backing mix. I hate how boring that sentence sounds compared to how important it could be. USDe is moving beyond basis trades and into institutional-grade RWA collateral, which tends to age well.

📈 Tokenized Stocks Become Slightly Less Weird

1inch says RWA trading is starting to look usable instead of trapped inside a conference panel with bad coffee. Ondo, xStocks, Aave Horizon, NAV products, and 1inch routing are pushing tokenized assets toward markets, collateral, and DeFi access. Liquidity remains the boss fight, naturally, since finance refuses to be simple on principle.

NEWS IN THREE SENTENCES
Protocol News 🏦

🔗 Cardano Connects To 800+ Tokens

$ADA ( ▲ 0.29% ) is linking up with $ZRO ( ▼ 0.72% ) (man, they’ve had a shite year so far, ZRO that is, well, both actually, anyway), giving 800+ tokens a path to move natively into its ecosystem through 2026. Very Cardano move: security, formal verification, native assets, and absolutely no interest in feeding the dopamine goblins.

🛡️ Insurance Industry Discovers Shared Data

$HBAR ( ▼ 0.17% ) added RiskStream as a Strategic Partner, with EQTY Lab, Hgraph, Kabila, and Xeni joining as Community Partners. Insurance data, AI governance, infrastructure, developer tooling, and travel settlement all fit the enterprise lane Hedera keeps plowing like an obedient Midwest snow truck. The announcement still reads like procurement found caffeine, but the partner list has actual use-case meat on it.

📜 MultiversX Publishes Manifesto, Confident Someone Will Read Past Page Two

Sharding, cheap payments, on-chain identity, AI-agent tooling, and Supernova’s sub-second finality – the internet-scale thesis, all in one document. Ambitious and a little cathedral-toned. $EGLD ( ▼ 1.63% ) needs to show us usage, not another booth banner.

OLD NEWS
Crypto Stuff That Happened Today, But A Long Time Ago 📜

Here’s what was happening in the newsletter a year ago today:

• The main piece was a crypto hack hall of shame – a rundown of the 10 biggest hacks in the industry, totaling about $5.3B stolen. Bybit alone accounted for roughly $1.4B, making it the biggest single disaster on the list.

• North Korea remained the final boss – Lazarus was tied to some of the biggest hits, including Bybit and Ronin, because apparently cybercrime is still one of the few sectors with strong repeat performance.

• Cetus got held up as the fresh warning sign – the $220M-$223M exploit reinforced the point that fancy DeFi design and concentrated liquidity can turn a bug into a crater.

Here’s what was happening in the newsletter two years ago today:

• The big headline was the UwU Lend exploit – around $19.3M-$20M got drained while the team paused the protocol and tried to figure out what exactly blew up.

• The market itself was basically waiting for macro – BTC and risk assets were sitting around waiting for inflation data and the Fed, like a room full of degenerates pretending to be patient adults.

• The chart take was simple – Bitcoin still looked structurally bullish, but volatility had compressed so much that everyone was waiting for a catalyst to kick it one way or the other.

OLD NEWS
Other Stuff That Happened Today, But A Long Ass Time Ago ⌛️

June 10

• 1190 – Emperor Barbarossa drowned during the Third Crusade

• 1692 – Salem’s first witch-trial execution happened

• 1752 – Benjamin Franklin flew the famous kite

• 1772 – Colonists burned the British ship Gaspee

• 1868 – Serbian Prince Michael III was assassinated

• 1881 – Tolstoy disguised himself as a peasant and left on pilgrimage

• 1935 – Alcoholics Anonymous was founded

• 1940 – Norway surrendered to Nazi Germany

• 1940 – Italy entered World War II

• 1963 – JFK signed the Equal Pay Act

• 1967 – The Six-Day War ended

• 1977 – MLK’s assassin escaped prison, caught a couple days later

• 2018 – Opportunity sent its final message from Mars

Get In Touch 📬

Email me, Jonathan Morgan, feedback; I’d love to hear from you. 📧
Follow me on Stocktwits 🫂 And Sponsor this newsletter 😎 

Terms & Conditions 📝

Securities Disclaimer: STOCKTWITS IS NOT A TAX ADVISOR, BROKER, FINANCIAL ADVISOR OR INVESTMENT ADVISOR. THE SERVICE IS NOT INTENDED TO PROVIDE TAX, LEGAL, FINANCIAL OR INVESTMENT ADVICE, AND NOTHING ON THE SERVICE SHOULD BE CONSTRUED AS AN OFFER TO SELL, A SOLICITATION OF AN OFFER TO BUY, OR A RECOMMENDATION FOR ANY SECURITY. Trading in such securities can result in immediate and substantial losses of the capital invested. You should only invest risk capital, and not capital required for other purposes. You alone are solely responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation. You should also consult an attorney or tax professional regarding your specific legal or tax situation. The Content is to be used for informational and entertainment purposes only and the Service does not provide investment advice for any individual. Stocktwits, its affiliates and partners specifically disclaim any and all liability or loss arising out of any action taken in reliance on Content, including but not limited to market value or other loss on the sale or purchase of any company, property, product, service, security, instrument, or any other matter. You understand that an investment in any security is subject to a number of risks, and that discussions of any security published on the Service will not contain a list or description of relevant risk factors. In addition, please note that some of the stocks about which Content is published on the Service have a low market capitalization and/or insufficient public float. Such stocks are subject to more risk than stocks of larger companies, including greater volatility, lower liquidity and less publicly available information. Read the full terms & conditions here. 🔍

Author Disclosure: The author of this newsletter holds positions in AVAX, ADA, PUDGY, WLD, NEAR, INJ, LTC, LINK, ZEC, XLM, and FET. 📋