Daily Alpha and Summary. February 19, 2025

DeFi

Monad public testnet to roll out in few hours

Coinbase release proof of reserves for cBTC

ETH client Geth urge ETH validators using their version 1.15.1 to update immediately to version 1.15.2 to avoid potential financial losses

Curve founder Michael Egorov is building Yield Basis to solve impermanent loss has raised $5M at a $50M valuation

State of the Market

Founder of Barstool Sports, Dave Portnoy created Greed meme and sold making $258k leading to a 99% crash

When pressured on it, he created Greed2 meme. Crime season?