Solana Gets Physical
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- 🦄 Uniswap Labs Settles with CFTC As NY AG Turns Up Heat. The DeFi startup continues to face legal action from a number of top regulators.
- 🟪 Polygon's MATIC Token Renamed POL. Polygon upgrades its ticker.
- ☣️ Euler Returns with V2 Following 2023 Hack. Euler's latest iteration sports new functionality and 31 individual audits.
📸 Daily Market Snapshot: After a rough late-night dive took BTC down toward $55K, the asset saw a late-morning resurgence that took the asset all the way back up to exactly where it was 24 hours ago. Meanwhile, analysts are betting on a turnaround soon, with CMC's Fear & Greed Index dipping to some of the lowest levels of the year.
| Prices as of 6pm ET | 24hr | 7d |
|
Crypto $2.03T | ↘ 0.1% | ↘ 2.9% |
|
BTC $58,200 | ↗ 0.2% | ↘ 1.7% |
|
ETH $2,462 | ↗ 0.1% | ↘ 2.7% |
|
EUL $5.19 | ↘ 0.1% | ↘ 5.0% |
Is the Ethereum roadmap… off track?
Are L2s running interference, intercepting all the users, transactions, and value from reaching the L1? And if all of this is real and not just FUD, what should we do about it?
We have Max Resnick on the show today, he's an Ethereum researcher working at Special Mechanism Group, and he’s got some opinions that are contrary to what is typically found out of the Ethereum Rollup Centric Roadmap.
Hear all of the analysis! 👇
DePIN is catching a bid.
Momentum is building for the decentralized physical infrastructure networks as boosters see new paths for adoption and appetite for crypto outside of our frequently insular market.
Today, we’ll look into what exactly DePIN is, why Solana has begun to stand out as the leading platform for this vertical, and what DePIN protocols on its network are showing promise 👇
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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.
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