Ethereum Gets Blobs
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- 🫠 The Blobs are here. ETH's latest major upgrade, Dencun, went live this morning and is already bringing drastically reduced gas fees to L2s.
- 👩⚖️ Judge won't dismiss Earn lawsuit. A judge refused to toss the SEC's case against Gemini and Genesis, which alleges the firms sold unregistered securities via their Earn product.
- ⭕️ Dogwifsphere. Solana memecoin dogwifhat has raised $650,000 to supposedly buy advertising on the Las Vegas Sphere. It was only a matter of time.
📊 Near-term narrative. NEAR Protocol has been one of the buzziest L1s this month and is up 74% in the last 30 days! What potent narrative has sent NEAR surging to new cycle highs, and which early play can you use to enhance your NEAR upside?
| Prices as of 5pm ET | 24hr | 7d |
|
Crypto $2.75T | ↗ 2.7% | ↗ 9.6% |
|
BTC $73,266 | ↗ 3.3% | ↗ 9.6% |
|
ETH $3,997 | ↗ 1.3% | ↗ 3.6% |
The Dencun upgrade finally just went live on Ethereum's mainnet.
This is a milestone development that promises to make transactions on L2s dramatically cheaper. It could set the stage for a host of new apps and users to come onchain.
Let's unpack the Dencun upgrade and discuss how it will make Ethereum cypherpunk again👇
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.
Ethereum's next hard fork is here, and we're joined by Tim Beiko from the Ethereum Foundation to walk us through it!
In today's episode, Tim shares a comprehensive guide on what's important and what's happening next. If you want to be at the forefront of Ethereum development, this is the episode for you.
Dig into all the alpha 👇
- 💻 The L2 Governance Race - Tally
- 🦾 The Internet of Agents - Davide Crapis
- 🔴 Making Sense of Tether on Tron - Liam Horne
- 🔹 Ethereum Institutional Thesis - Vivek Raman
- 🚀 MakerDAO Endgame: Launch Season - Rune Christensen
- 🏝️ The DUNA: An Oasis for DAOs - Miles Jennings, David Kerr
- 💰 Everything Is a Perp - Joe Clark, Andrew Leone, Dan Robinson
- 🌊 Shifting Tides and a New Age of Exploration - Danny Sursock
Many Bankless Citizens who completed the Jito quests in our Airdrop Hunter app just earned five-figure airdrop paydays!
It's airdrop season, and plenty of other protocols are preparing to reward early users. Get on their lists. Start hunting!
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.