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Citizen Daily Brief

Start Stake Stacking ($)

gm Bankless Citizen, after months of ETF talk, crypto is already eyeing the next opportunities.
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Jan 15, 2024 โ€ข 3 min read
Start Stake Stacking
Published on Jan 15, 2024
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Sponsor: Toku โ€” Make token grant administration simple.

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NEED TO KNOW
Do Kwon's Last Stand
  1. ๐Ÿ‘ฎโ€โ™€๏ธ Do Kwon fights extradition. Terra's Do Kwon is fighting his extradition from Montenegro, hoping to avoid his day in court in the U.S. and South Korea.
  2. ๐Ÿ˜ต $15B XRP 'transaction' spooks. An eye-popping transaction raised eyebrows on crypto Twitter but turned out to be an unsuccessful attack on Bitfinex aiming to leverage a "Partial Payments Exploit."
  3. ๐Ÿš€ Jupiter sets airdrop date. The JUP airdrop for the Solana-based aggregator will take place on January 31 at 10:00 am EST, the project's founder shared.
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TODAY IN MARKETS
It's TIA Time

๐Ÿ“Š TIAโ€™s Time. Modular data availability layer Celestia continued to pump in spite of the flat week for broader crypto markets; TIA is up 39% on the week! What narrative is fueling the explosion?

Prices as of 6pm ET 24hr 7d
Crypto $1.68T โ†— 1.2% โ†˜ 2.9%
BTC $42,485 โ†— 1.3% โ†˜ 9.7%
ETH $2,514 โ†— 1.3% โ†— 7.8%
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TACTIC
Getting Started with ether.fi
Bankless Author: William Peaster

EigenLayer deposit caps keep filling up, but there are projects out there that streamline native restaking, effectively turning the process into a single deposit. One such project of note here is ether.fi

Check out how to get started staking ๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡


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LATEST POD
The State Of L2s

With a seemingly endless supply of new market entrants, the L2 space has never been more diverse. In our latest episode, David is joined by Paradigm CTO Georgios Konstantopoulos and Conduit founder Andrew Huang to discuss the evolving L2 opportunity.

Bankless Citizens get Early Access to our Monday podcast and Ryan and David's Debrief unpacking the episode๐Ÿ‘‡

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LEARN
What We're Reading
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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.