# Top stories on Kiwi News, week 14 2025 Mon 31 March to Sun 6 April 2025 Page: https://news.kiwistand.com/weekly/2025-W14 The 20 top stories on Kiwi News from Mon 31 March to Sun 6 April 2025, ranked by upvotes, comments and clicks, with 38 comments in total. Most-shared sources: github.com, xcancel.com, ethereum-magicians.org. Summaries are AI summaries of the linked article. ## 1. A batteries-included, self-hostable web3 alternative to Substack, and Mirror. - Kiwi News: https://news.kiwistand.com/stories/A-batteries-included-self-hostable-web3-alternative-to-Substack-and-Mirror?index=0x67f01ea0301bb27cdcf345c6d5bde1ffaefeb67b79b42cd8edbaa8d1f50cb673b768e8a0 - Source: https://github.com/fountain-ink/app - Submitted by kualta.eth, 7 upvotes, 5 comments Fountain is a self-hostable, decentralized publishing app positioned as an alternative to Medium, Substack, and Mirror, with a stated aim of letting users own their content and audience. It is built on Lens Protocol for decentralized social features, Grove for decentralized storage, and Supabase for off-chain storage, with Next.js, Plate.js, Y.js, and Listmonk handling the frontend, editor, collaborative sync, and mailing lists. The project is still in early development, and self-hosting documentation is listed as coming soon, along with a docs portal and deployment SDKs slated for Q2. The code is licensed under AGPLv3. ## 2. Phishing Dojo - Kiwi News: https://news.kiwistand.com/stories/Phishing-Dojo?index=0x67ebd3026ecfa75901d3cec70437098a0986f7022661c7bb7208a56b2f71296edd45e41d - Source: https://phishing.therektgames.com - Submitted by macbudkowski.eth, 7 upvotes, 5 comments ## 3. "I feel it's peak despair on the TL" - Kiwi News: https://news.kiwistand.com/stories/I-feel-its-peak-despair-on-the-TL?index=0x67ea7f07cabff002fb66e82506ecf4925e638093a61e45179e9358aeb208511aa8ae286e - Source: https://xcancel.com/lemiscate/status/1906662388398498257 - Submitted by macbudkowski.eth, 5 upvotes, 2 comments The author of this post argues that the Ethereum community is in a period of peak despair, with little activity and most replies being AI-generated spam, though the post also lists reasons for optimism. Negative points include ETH sentiment at all-time lows, negative ETF flows, falling DeFi deposits, and weaker L1, staking and app revenue. The post's positive points centre on Aave: it says Aave holds a quarter of all DeFi, has gained active-loans market share for ten quarters in a row (from 50% to 70%+), has a $110M cash reserve, and that GHO supply is at an all-time high. ## 4. The BBC - Kiwi News: https://news.kiwistand.com/stories/The-BBC?index=0x67eb9ad62e9ea7490028a00990e9d28a2480374e5e324bfdd8f9186a748c5b18c61bfd8a - Source: https://cryptohayes.substack.com/p/the-bbc?r=3ptcv - Submitted by tim, 3 upvotes, 6 comments The author argues that the Federal Reserve, under Chair Jerome Powell, will resume quantitative easing focused on US Treasury bonds by this summer, because President Trump's trade and fiscal goals require the Fed and US commercial banks to print money and buy Treasuries. The essay opens with a satirical dialogue in which Powell describes being pressured by Treasury Secretary Scott Bessent after a March meeting. The argument points to the US current account deficit, which the essay ties to China's export growth after its 2001 World Trade Organization entry, and to foreign buying of Treasury debt that has funded it. ## 5. Retro Funding Recipients for Onchain Builders (2025) - Kiwi News: https://news.kiwistand.com/stories/Retro-Funding-Recipients-for-Onchain-Builders-2025?index=0x67eea37219b0da1298ba4fa622fbe58d760ea065f92b5d7958d49cc0124e1d92c90bf275 - Source: https://atlas.optimism.io/round/results?rounds=8 - Submitted by tim, 5 upvotes, 0 comments ## 6. Peter Thiel is betting on the apocalypse - Kiwi News: https://news.kiwistand.com/stories/Peter-Thiel-is-betting-on-the-apocalypse?index=0x67eceae482044ac4362d146df987b5feb115dccab451e84e3c68f0d7536ac03f6bcc4bbd - Source: https://open.substack.com/pub/ecstaticintegration/p/peter-thiel-is-betting-on-the-apocalypse - Submitted by ferran.eth, 2 upvotes, 3 comments Peter Thiel's network and ideas now reach deep into US government and technology, a moment that may be Peak Thiel. A former employee of one of his funds is US vice-president, Elon Musk, a former business partner, runs DOGE, and David Sacks, a former college friend and employee, serves as Trump's AI and crypto czar. Thiel's rightist ideas trace back to his Stanford years, when he founded the Stanford Review in 1987 and co-wrote The Diversity Myth with Sacks in 1995. ## 7. Addressing Ethereum value capture - Kiwi News: https://news.kiwistand.com/stories/Addressing-Ethereum-value-capture?index=0x67ee33c612029eb3094d774de155bbadeac3fae5c5b00de1e0963e7e8d4ae3f1c7f2cbeb - Source: https://ethereum-magicians.org/t/addressing-ethereum-value-capture/23357?u=timdaub - Submitted by tim, 3 upvotes, 2 comments Jerome de Tychey, Dean Eigenmann and Zak Cole propose that Ethereum stakers voluntarily enforce a temporary minimum priority fee for Type 3 (blob) transactions, so that rollups contribute more revenue to L1 security. Assuming 2.8Bn gas of daily blob use, a 5 Gwei minimum would generate 14 ETH daily for validators, or about 5110 ETH yearly (~$10.2M at ETH at $2k). A "25% Tax" on $200M of rollup onchain revenue would instead require a 24.5 Gwei minimum, generating 68.62 ETH daily, a 2.6% increase on total daily validator income of 2639 ETH. The authors also call for accelerated research into dynamic blob pricing. ## 8. @nonlinear.eth: embedded wallets fragment web3 identity - Kiwi News: https://news.kiwistand.com/stories/nonlineareth-embedded-wallets-fragment-web3-identity?index=0x67edc1b401f190a17438e1ea88750be6f0627f61352941580f7e23093c17d5b011aa5059 - Source: https://warpcast.com/nonlinear.eth/0x7763a1e8 - Submitted by misha, 3 upvotes, 3 comments @nonlinear.eth argues that embedded wallets fragment web3 identity, turning web3 into a web2-style system where each app issues its own app-specific wallet identity. To fix this, developers would need to implement one-to-many identity mapping in their apps, and users would have to map their identities in every web3 app they use. The post questions whether this is a better user experience than storing a seed phrase in a password manager, and says that the lack of web3 consumer growth shows the market's answer is no. ## 9. Railgun governance explained - Kiwi News: https://news.kiwistand.com/stories/Railgun-governance-explained?index=0x67ef725392318ea5640b25f27ba4b887528e1424ac3c450819e0d97d2c8979d763669f5f - Source: https://nitter.net/RAILGUN_Project/status/1907779522751299875 - Submitted by tim, 3 upvotes, 2 comments ## 10. Bonsai: Smart Media Protocol - Whitepaper - Kiwi News: https://news.kiwistand.com/stories/Bonsai-Smart-Media-Protocol-Whitepaper?index=0x67eec3e01435dbcb4c8aea7ffb7df7bf3b738fcc6e12193f1dfd73554c271ee038d442fe - Source: https://onbons.ai/whitepaper.pdf - Submitted by pedrovilela.eth, 4 upvotes, 0 comments ## 11. Give the retro funding to the L1 instead - Kiwi News: https://news.kiwistand.com/stories/Give-the-retro-funding-to-the-L1-instead?index=0x67ee9d91a2dd59a7ade81ce616c384437252c295405411eedbe4fd6b2b606d9e03e782d8 - Source: https://gov.optimism.io/t/give-the-retro-funding-to-the-l1-instead/9808 - Submitted by tim, 3 upvotes, 0 comments ## 12. Interoperable Superchain assets are here - Kiwi News: https://news.kiwistand.com/stories/Interoperable-Superchain-assets-are-here?index=0x67ec34551ad22be28703fdf0f4ccdbce039e8a250e01737ba4b395fb9e9050ea36e63bdd - Source: https://optimism.mirror.xyz/4R-NIp0IHjzt0aXawlH1ZjOtuZdVBr_Jp4WMFKALx8k - Submitted by misha, 3 upvotes, 2 comments ## 13. Protocol Research Call 1 - Kiwi News: https://news.kiwistand.com/stories/Protocol-Research-Call-1?index=0x67eed1939088dba1fd0ed5237d1a3a14e82e5ebba4495ade9d8b26159cf4bcafedb4dfa1 - Source: https://www.youtube.com/watch?v=m5HFO4DYckQ - Submitted by misha, 3 upvotes, 1 comment ## 14. Reconfiguring AllCoreDevs - Kiwi News: https://news.kiwistand.com/stories/Reconfiguring-AllCoreDevs?index=0x67ef9ec6f4270d8cfbaef73ba4d8be30451b7821e798c8b28e4c6b858d61cf1e33445963 - Source: https://ethereum-magicians.org/t/reconfiguring-allcoredevs/23370 - Submitted by tim, 3 upvotes, 0 comments This Ethereum governance proposal argues that AllCoreDevs calls should focus on scoping the next hard fork rather than implementing the current one, with the testing and interop call renamed ACDT(esting) to handle implementation details. The author suggests using Glamsterdam as a trial for this process, with a review and feedback period and a go/no-go decision shortly after Pectra mainnet releases. The proposal makes network security the top priority (P0), followed by a roadmap "headline feature" (P1) and other EIPs (P2), and it calls for stakeholders such as application developers to submit higher-level proposals using a template. ## 15. Privacy Pools launch on Mainnet - Kiwi News: https://news.kiwistand.com/stories/Privacy-Pools-launch-on-Mainnet?index=0x67eaec8809e7997534feff38953f0e4a8ccf3cb165a40e1b47a5697bae91c99b5fd4a658 - Source: https://xcancel.com/0xbowio/status/1906784481496719749 - Submitted by macbudkowski.eth, 4 upvotes, 0 comments ## 16. Explore Ethereum-like blockchain privately with your RPC URL - Kiwi News: https://news.kiwistand.com/stories/Explore-Ethereum-like-blockchain-privately-with-your-RPC-URL?index=0x67ea51ed1adbc92292e60a833324fdc9740c35817664cce3a5af8e46cafc775dcb7880a7 - Source: https://github.com/paulmillr/esplr - Submitted by misha, 3 upvotes, 1 comment esplr is a browser-based explorer for Ethereum-like blockchains that sends requests only to a user-specified RPC URL, avoiding third-party block explorers that log address lookups. It shows ETH and token balances and transaction history, converts balances to USD using on-chain Chainlink contract prices, and integrates with Sourcify for smart contract source verification. The project's README says it supports ERC-20 token transfer history, with a first query taking up to 50 seconds and later queries cached, while ERC-721 NFT support is still in progress. It recommends a self-hosted Erigon 3 archive node for full functionality, since some third-party providers have rate limits that make transaction history unavailable. ## 17. Circle S-1 filing - Kiwi News: https://news.kiwistand.com/stories/Circle-S-1-filing?index=0x67ecc934289a952ef33274ba0fce065be8421c2a35fdb0e3542f5e933e67e723cb77eba9 - Source: https://www.sec.gov/Archives/edgar/data/1876042/000119312525070481/d737521ds1.htm - Submitted by tim, 2 upvotes, 3 comments Circle Internet Group, Inc. filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission on April 1, 2025, for an initial public offering of Class A common stock, which it has applied to list on the New York Stock Exchange under the symbol "CRCL." The filing says Circle is the issuer of USDC, a dollar-backed digital currency that it describes as redeemable 1:1 for U.S. dollars, with $59.4 billion in circulation as of March 28, 2025. Jeremy Allaire, co-founder, chairman and chief executive, and Patrick Sean Neville, a co-founder, are named as founders whose Class B shares will hold a significant share of voting power after the offering. ## 18. codecrafters-io/build-your-own-x: Build your own Blockchain / Cryptocurrency - Kiwi News: https://news.kiwistand.com/stories/codecrafters-iobuild-your-own-x-Build-your-own-Blockchain-Cryptocurrency?index=0x67ed500147bdf4d3f83fa4712ad3103f73ce15faf692f74189fad98340ac1efc90f5d380 - Source: https://github.com/codecrafters-io/build-your-own-x?tab=readme-ov-file#build-your-own-blockchain--cryptocurrency - Submitted by rvolz.eth, 3 upvotes, 1 comment This GitHub repository, codecrafters-io/build-your-own-x, is a compilation of step-by-step guides for re-creating popular technologies from scratch, introduced with the quote "What I cannot create, I do not understand," attributed to Richard Feynman. It is organized by category, including 3D renderers, AI models, BitTorrent clients, blockchain and cryptocurrency, databases, Docker, operating systems and programming languages. The Blockchain / Cryptocurrency section lists guides in languages such as Go, Python, JavaScript, Rust and Kotlin, including "Go: Code your own blockchain in less than 200 lines of Go" and "Rust: Building A Blockchain in Rust & Substrate." ## 19. Unleashing onchain interest is a win-win - Kiwi News: https://news.kiwistand.com/stories/Unleashing-onchain-interest-is-a-win-win?index=0x67eb99cfaa1cf43b0d88f05de3ea04d3dc2a69cb666f902be99285d283ecaa6da90a0413 - Source: https://xcancel.com/brian_armstrong/status/1906723887112401179 - Submitted by macbudkowski.eth, 2 upvotes, 2 comments Crypto industry writing argues that U.S. stablecoin legislation should let holders earn interest on stablecoins, so that banks and crypto companies can both share reserve yield with consumers. The article says stablecoin issuers typically keep interest earned on short-term U.S. Treasuries, and it cites a 2024 average Fed Funds rate of 4.75% against a 0.41% average consumer savings yield. It also notes that stablecoins are already among the largest holders of U.S. Treasuries and argues that current securities laws, which exempt interest-bearing bank accounts, block issuers from paying interest. ## 20. Ethereum NFT Marketplace X2Y2 to Shut Down as Team Shifts to AI - Kiwi News: https://news.kiwistand.com/stories/Ethereum-NFT-Marketplace-X2Y2-to-Shut-Down-as-Team-Shifts-to-AI?index=0x67eafdcee2e5ed95e6e2ba0ac9acba19e251ee44667ad8d8270dfcf134e0d54e7326aecb - Source: https://decrypt.co/312443/ethereum-nft-marketplace-x2y2-shutting-down - Submitted by misha, 3 upvotes, 0 comments Ethereum NFT marketplace X2Y2 is shutting down its trading platform at the end of April, and its team is pivoting to AI and crypto. The announcement was made Monday, and after April 30 users will no longer be able to use the website's front-end, though its smart contracts will persist so trades can still be executed. Founder TP said the team drew a line under the NFT business after three years, citing declining volume: the marketplace once saw over $100 million in weekly trading volume in 2022 but now processes about $1 million weekly. The new project will focus on "yields in a permissionless way, powered by AI," and no timeline was provided. The native X2Y2 token was down 13% in 24 hours at $0.0014, more than 99% below its February 2022 all-time high.