Latest from Sam Kessler
The Protocol: The Impact of Telegram CEO's Arrest on TON Blockchain
Blockchain analysts are reminding investors how closely the messaging app Telegram, whose just-arrested CEO Pavel Durov awaits a hearing in a French court, is intertwined with the fate of TON blockchain and its native cryptocurrency, toncoin. ALSO: What's up with Vitalik's DeFi diss?

Chaos Labs Raises $55M as Demand Grows for On-Chain Risk Management
The influx of capital comes as Chaos Labs, founded in 2021, looks to expand its platform, designed to address the growing need for automated risk management in decentralized finance (DeFi).

Top Crypto Startup Drove Other Projects' Airdrops to Its Employees
Eigen Labs circulated a list of team members' wallet addresses to EigenLayer ecosystem projects that were preparing to issue tokens. Some teams asked for it. At least one didn't.

Coinbase-Backed Vega Gets Into Prediction-Market Race, Chasing Polymarket
A major upgrade to Vega's blockchain and decentralized perpetuals exchange will allow users to bet on the outcomes of future events.

Protocol Village: Radix Launches 'RadQuest,' Eclipse Mainnet Opens to Builders
The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 25-31.

Polychain, Lightspeed Lead $7M Fundraise for Math Olympian's Blockchain-Based AI Platform
Hyperbolic's blockchain-based cloud platform aims to make AI affordable to startups, researchers and builders squeezed by surging GPU prices.

Blackbird, Web3 Startup From Resy Co-Founder, Wants Diners to Pay for Meals in Crypto
Blackbird Pay would allow diners to pay for their food using $FLY, the cryptocurrency that doubles as loyalty points in Blackbird's restaurant rewards system.

Jito Releases Open-Source Restaking Service for Solana
The yet-to-implemented codebase allows any Solana-based protocol to use any asset for its economic security.

Rollup-in-a-Box Startup Caldera Raises $15M From Peter Thiel's Venture Fund
As Ethereum's Layer-2 ecosystem booms, Caldera's "Metalayer" aims to help developers quickly launch applications across multiple networks.

Crypto Casino Founder Apologizes for Gambling Away Investor Funds
Galaxy says it has reported a former general partner, Richard Kim, to the authorities for misappropriating at least $3.67 million of company funds belonging to Zero Edge, Kim's crypto casino.

