Missing Piece for BTC L2s? ($)
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Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies.
- 0️⃣ LayerZero Drops its Token Checker. The LayerZero token is almost here, and the team has already dropped a tool for users to check whether a wallet will be eligible.
- 🧬 Kraken Exploited for $3M by Security Firm. Security firm Certik disclosed a bug to the CEX, but not before researchers at the firm exploited the network for $3M in crypto, Kraken says. Certik disputes Kraken's version of events and says funds are being returned.
- 🗣️ DJT Trump Token Drama Continues. The alleged official Trump Solana memecoin was created by Martin Shkreli, Crypto Twitter sleuth ZachXBT discovered.
📸 Daily Market Snapshot: Altcoins finally had a good day Wednesday after a June filled with doom and gloom. While BTC stayed mostly flat on the day, ETH was up 4.5% and remained one of few tokens that were flat on a very challenging week for crypto markets
| Prices as of 3pm ET | 24hr | 7d |
|
Crypto $2.37T | ↗ 2.1% | ↘ 6.0% |
|
BTC $65,051 | ↗ 0.5% | ↘ 5.6% |
|
ETH $3,567 | ↗ 4.7% | ↘ 0.2% |
Bitcoin L2s are the talk of the town, but not much of their promise has been realized yet.
What are Bitcoin's builders waiting for? One significant proposal could help mature the Bitcoin L2 landscape: the reintroduction of OP_CAT. This opcode, which was disabled early in Bitcoin's history, could unlock new capabilities and pave the way for more sophisticated and trustless Bitcoin L2 solutions.
Let's dig into why this opcode could be so transformative for BTC 👇
Mass adoption of token-governed technologies. With Mantle Network – an Ethereum rollup, Mantle Treasury, and a token holder governed roadmap for products and initiatives.
Sam Jernigan has been evangelizing Ethereum to institutional funds and billionaires from inside the house for the past five years.
Having the perfect blend of deep Ethereum knowledge and the full Wall Street experience, Sam guides us through how he became an ETH Maxi, why the lack of understanding of ETH in TradFi is the most bullish case for the asset, and what the future holds for ETH institutional adoption.
Get all the details 👇
- 🧬 Overview of Symbiotic Restaking - ASXN
- 🔥 Burn Incentives in MEV Pricing Auctions - Anders Elowsson
- 🧮 Update to ENA Tokenomics - Ethena Labs
- 💵 America Doesn’t Need CBDCs - Nicholas Anthony
- ⛪️ Tokens are a Financialized Belief System - Dovey Wan
- ⚛️ Mithril: A New Type of Solana Node - Overclock Solana
- 🔵 Coinbase State of Crypto Summit Recap - Jason Yanowitz