one of the biggest disadvantages neobanks have compared to traditional banks is that they can’t easily generate revenue from customer deposits. traditional banks have the ability to monetize deposits and earn 2-3% annually on their AUM. most neobanks don’t have that same luxury unless they go through the complexity of launching their own stablecoin. my good friend @mannyornothing built @blend_money to give neobanks a much easier way to monetize customer balances. Blend allocates idle balances to t-bills, money market funds, DeFi yield and other interest-generating assets, while the user still gets one normal spendable account on the front end. if the user wants to spend on a card, send a payment, or make a withdrawl, Blend instantly pulls liquidity back so the balance stays fully usable at all times. the user gets the same checking account experience, except the idle balance is now a revenue generator for the neobank. if you have $100M sitting across customer balances and can generate even a 2% spread on that capital, that’s $2M in additional annual revenue without changing the core customer experience. if you’re building a neobank, treasury product or earn account, highly recommend speaking with @mannyornothing / @criptolawyer.

🙏 LBankers, Not every week ends with the result we hoped for. Argentina came incredibly close on the world stage, but the conviction, resilience, and unity shown throughout the tournament deserve real respect. Away from the pitch, this was another week of measurable progress for LBank. Here is what stood out: 1️⃣ Q2 Growth Validated by @CryptoRank_io CryptoRank’s Q2 report placed LBank among the global Top 8 CEXs for derivatives trading. Q2 total trading volume reached $702B, up 8% QoQ, while derivatives volume climbed 12% to $625B. Derivatives market share increased from 3.1% to 3.8%, even as the broader market contracted. Spot volume reached $77B, our global user base surpassed 25 million, and 184 new assets were listed during the quarter. These are not just headline figures. They show that users are choosing LBank with greater consistency across spot, derivatives, and emerging assets. 2️⃣ A World Cup Final to Remember!!! Our Argentina vs. Spain Final visual generated more than 3.3 million impressions on X. The official LBank Final Space attracted over 178,000 total tune-ins and peaked above 2,700 concurrent listeners, ranking as the number one live Space on the platform at the time. We closed the tournament with the $100,000 AFA Honor Pool, giving our global community another way to stand with Argentina and participate beyond the final whistle. The result was difficult, but the journey created something lasting between football, crypto, and our community. 3️⃣ LBank × YETI Keeps Building Momentum The collaboration expanded this week with new community rewards, limited summer merchandise, an offline Texas Hold’em experience, and official AFA jerseys. New creative content also connected YETI with two areas where LBank continues to grow strongly, prediction markets and tokenized U.S. stock trading. Strong partnerships should do more than generate attention. They should connect culture, product, and participation. That is exactly what we are building here. 4️⃣ @CriptoNoticias featured my perspective on BitMEX and its lasting contribution to the crypto market, alongside comments from CZ and Ben Zhou. My view remains simple, BitMEX helped make perpetual futures a fundamental part of crypto’s market structure. Companies may leave, but the influence of what they built can continue for years. Being part of this wider industry conversation is another meaningful step in strengthening LBank’s presence and credibility across Spanish-speaking markets. This week combined hard data, global culture, stronger partnerships, and industry recognition. Markets change quickly. Our responsibility is to keep building through every cycle and give users more reasons to choose LBank. Thank you to every LBanker who continues this journey with us. 💛 #LBank# #Crypto# #LBankWeekly#

Crypto exchange @binance ($BNB) founder Changpeng Zhao (@cz_binance) is warning anyone who signs into a wallet with a social account 🚨 One provider paused its embedded wallet service after a security issue tied to another app. What it means ⬇️ The full story:

Crypto was never about meme coins. The death of meme is the birth of real world usage. Memes were a liveness test run by cabals and larps, who are all out. Crypto rails will run the $1 trillion stablecoin remittance and payment economy and $2 trillion tokenized equity and commodity economy. Memes were a liveness test. Thanks for testing the networks and the internet.

Crypto’s extraordinary run of political good fortune in Washington has come to an abrupt halt. With Democrats set to control Congress following their midterm sweep, the industry faces the prospect of tougher rules and closer scrutiny of its ties to President Donald Trump. Read more: 📷: Bridget Bennett/Bloomberg