5 Can't-Miss Restaking Airdrops
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- 💰 VCs eyeing big crypto funds. VCs are raising their next crypto funds. Bloomberg reports Paradigm is raising over $750M for its next fund and Galaxy detailed plans to raise $100 million for startup investments.
- 😖 Goldman dumps on crypto. Goldman Sachs's Wealth Management CIO had some harsh words for the crypto industry, "We do not think it is an investment asset class, we’re not believers in crypto."
- 👩⚖️ SEC seeks ETH ETF public comments. The SEC has asked for public comment for Grayscale, Bitwise and Fidelity spot Ethereum ETF applications, but don't get too excited. It's standard process.
📊 Bitcoin maneuverings. Crypto prices are down on the week, with the total crypto market cap plunging 10% off its Monday high to break below the $2.5T level that served as support throughout the week prior. What events have moved markets this week?
| Prices as of 4pm ET | 24hr | 7d |
|
Crypto $2.47T | ↘ 0.5% | ↘ 5.0% |
|
BTC $65,655 | ↘ 0.4% | ↘ 4.8% |
|
ETH $3,302 | ↗ 0.9% | ↘ 5.9% |
Out of the 80+ individual airdrops supported in the Bankless Airdrop Hunter, you’d be hard-pressed to find any that present more bountiful hunting opportunities than those belonging to the restaking sector.
The opportunity is massive. We've already seen Citizens bank thousands of dollars in tokens from new protocols just by getting in early.
Today, we’re digging into our top 5 restaking airdrop opportunities to help you determine which projects best fit your needs 👇
Kraken is one of the largest and most secure crypto platforms in the world. They've been in the crypto game for over a decade, and now they're inviting us all on a journey to see what crypto can be.
This is the 3rd episode in our Fixing Fragmentation series. In today’s episode, we’re joined by technical co-host and Ethereum researcher, Justin Drake and Polygon co-founder and AggLayer creator, Brendan Farmer.
Brendan developed a compelling design to increase the safety and efficiency of cross-L2 composability—more robustness and lower gas costs. Polygon has fully embraced Brendan's design and is developing AggLayer to pursue, what it calls, “the aggregated thesis,” a powerful synthesis of the modular and monolithic theses.
Click in for the full analysis 👇
I always wondered what a more crypto-native version of Reddit Collectible Avatars might look like. That’s why cygaar’s thread on Sofamon, a digital stickers project that just launched its beta on Base, caught my attention last week.
Sofamon has the potential to catch on with Telegram’s many millions of crypto users, so for today’s post, let’s break down what you need to know about this interesting new platform 👇
Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.