Tracking Crypto's Rising AI Opps ($)
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Sponsor: Celo — Celo is returning to Ethereum with OP Stack and celebrating four years of mainnet!
- 🔥 SEC crypto lawyers resign. Two lawyers on the Debt Box crypto case resigned after a federal judge sanctioned regulator for ‘gross abuse of power’ in the case, Bloomberg reports.
- 🤔 Kennedy wants blockchain budget. At a campaign event, BTC-friendly presidential candidate RFK Jr. said he wants the U.S. budget to be put on the blockchain for more transparency. Congress DAO next?
- 🇵🇭 Philippines wants Binance app axed. The Philippines SEC is moving to force Apple and Google to drop Binance-created apps from their app stores.
😺 Memes strike back. Memecoins have hit the gas again with BONK up ~60%, PEPE up ~50%, and POPCAT (the tokenized version of the OG internet meme) up ~300% over the past seven days. Is this the first big push in the next major rally for the sector?
| Prices as of 10am ET | 24hr | 7d |
|
Crypto $2.46t | ↗ 1.2% | ↗ 9.3% |
|
BTC $66,662 | ↗ 0.5% | ↗ 7.6% |
|
ETH $3,236 | ↗ 1.4% | ↗ 7.0% |
Separately, Crypto and AI are two of the most exciting technological breakthroughs of our era. But when you combine the two, things get even more interesting.
There’s now consensus that Crypto x AI will be one of the hottest narrative of this cycle. You can see it happening already — some of the early investors in AI tokens have seen their bets pay off big time.
Today’s article shines a spotlight on some of the top projects out there 👇
After Celo’s community unanimously voted to migrate the mobile-first, EVM-compatible L1 to an Ethereum L2 (#CEL2), core contributors cLabs spent months evaluating and testing leading tech stacks. On Celo mainnet’s 4-year anniversary, cLabs is excited to announce its proposal to leverage Optimism’s OP Stack.
- 🏛️ Crypto Regulation Must Not Prioritize Memes Over Matter - Chris Dixon
- 👔 The Value of Attention: From Mad Men to Memecoins - Anthony Avedissian
- 🟠 Don’t Let Bitcoin Be Defined By Its Price - Jonathan Hargreaves
- 🌎 Welcoming World Chain to the Superchain - Optimism Collective
- 🙈 Let’s Talk About Scams, Baby - Ben Roy
- 🧑⚖️ Duel Governance: An Overview - Lido
- 🎰 The ZKasino Rugpull - REKT