SocialFi's Second Coming
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Sponsor: Cartesi — Build app-specific rollups with Web2 tooling without the constraints of Web3!
- 🙈 Bored Apes sink lower. Bored Apes' floor price fell below 10 ETH this week as NFT prices sunk deeper across the board. CryptoPunks are trading below 40 ETH.
- ⛏️ Solana mining protocol halts efforts. ORE, a new protocol on Solana that was largely responsible for transaction spamming the network to a standstill, announced it paused transactions and was focusing on its v2.
- 💷 Arbitrum's BOLD goes live on testnet. ARB's permissionless validation protocol just went live on testnet, a key step in its journey toward greater decentralization.
📊 Gold Fever. Escalating geopolitical tensions sent onchain degens flocking to gold this weekend. Why didn’t investors turn to BTC as a store of value, and why do they continue to ape precious metals?
| Prices as of 6pm ET | 24hr | 7d |
|
Crypto $2.31T | ↗ 0.8% | ↘ 11.2% |
|
BTC $63,729 | ↗ 1.1% | ↘ 8.0% |
|
ETH $3,083 | ↘ 0.6% | ↘ 12.2% |
Friend.Tech is ready for a comeback.
As Friend.Tech v2 approaches, let's take a look at where SocialFi is right now, what's missing from the sector and if Friend.Tech's imminent release can move the dial.
Let's dig in 👇
Cartesi has a challenge for all talented devs! Try to hack their Honeypot dApp. Compete in a bug-bounty initiative to test, scrutinize, and refine the underlying code of Cartesi Rollups!
Celestia has been one of this bull run's standout performers.
In today's episode, David delves into the interesting dynamics between Ethereum and Celestia. While Ethereum and Solana are often seen as the main rivals, Celestia shares similar design philosophies and goals but with notable differences.
Is it Ethereum's true competitor?
Joining us to help answer that question and much more is Nick White, COO of Celestia Labs 👇
- 🔵 Arbitrum BOLD Testnet Is Live - Offchain Labs
- ❌ A New Standard for Cross-Chain Intents - Across, Uniswap Labs
- 🧡 Bitcoin’s New Fungible Token Standard - Franklin Templeton
- 🟩 A USDA Manifesto - Angle
- 😈 I Left X/Twitter for Warpcast - meta-david
- 🗞️ Publishing Channels - JAKE
Thousands of Bankless Citizens scored an average of $3,500 worth of tokens after Ether.fi's airdrop. Did you miss out again?
Ether.fi was in the Bankless Airdrop Hunter, and you could have gotten into the latest drop by following our quests! There are nearly 80 other crypto protocols in Airdrop Hunter waiting for you.