OVERVIEW

Why This Hurts More Than You Ever Expected 😵

Before we dive in, here’s today’s crypto market heatmap:

And here’s a look at crypto’s total market and altcoin market cap charts:

NEWS IN THREE SENTENCES
Crypto News 📰

☢️ Tezos Makes Uranium Sexy Again with Uranium.io, Arthur Breitman Explains

Arthur Breitman at the Digital Assets Forum insists tokenization is about more than turning stuff into blockchain tokens, it's about creating globally accessible, composable assets like Uranium.io's uranium marketplace. Sure, regulators might lose sleep over uranium trading on $XTZ.X ( ▲ 2.27% ), but Breitman says tokenization should be boring, like Wi-Fi. And what's less boring than trading radioactive materials on-chain? Tezos.

🛡️ Umanitek Launches to Save the Internet from AI-Generated Nonsense

$TRAC.X ( ▲ 2.32% )’s Umanitek, backed by Porsche family offices and Ethical Capital Partners, aims to fight deepfakes and AI-generated junk flooding the internet. They'll use fingerprinting to block unauthorized image sharing, because revenge porn and AI hallucinations shouldn’t be the cost of innovation. OriginTrail.

🏛️ HUD Considers Stablecoins for Grant Payments?

The US Department of Housing and Urban Development (HUD) is kicking around the idea of using blockchain and stablecoins to track and distribute grant payments. The goal? Less fraud, fewer inefficiencies, and real-time fund tracking. Critics, however, argue that stablecoins could introduce unnecessary risks, and one HUD official even called it "dangerous and inefficient." ecoinimist.

🚔 Sam Bankman-Fried Tossed Into Solitary for Unauthorized Tucker Carlson Interview

SBF, still clinging to hope for a Trump pardon, decided it was a great idea to do a jailhouse interview with Tucker Carlson - except the feds didn’t approve it. After the video went live, he was promptly thrown into solitary confinement at Brooklyn’s Metropolitan Detention Center. New York Post.