The Liquid Restaking 411 ($)
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Sponsor: Kraken — Sign up for an account and see what crypto can be.
- 🌍 Nigeria bans crypto exchanges. Nigeria has ordered telecom companies in the country to block crypto trading platforms, a move that has absolutely nothing to do with the country's currency slide, we're sure...
- 💰 EigenLayer raises $100 million. It's been a slow year for crypto VC, but restaking giant EigenLayer just announced a blockbuster $100M Series B funding round led by Andreessen Horowitz.
- 🧡 Reddit discloses BTC, ETH holdings. Reddit is going public, and the company has shared they have BTC and ETH on their balance sheet. Could Reddit's move push more companies to hold ETH?
📊 Levered points. Liquid restaking is one of the most popular ways Airdrop Hunters are positioning themselves to make the most of restaking summer. Which protocol is elevating your ability to position yourself for these airdrops to an unprecedented level, and should you ape the token?
| Prices as of 5pm ET | 24hr | 7d |
|
Crypto $1.97T | ↗ 1.2% | ↘ 1.5% |
|
BTC $51,555 | ↗ 0.5% | ↘ 0.1% |
|
ETH $2,978 | ↗ 2.0% | ↗ 5.7% |
If you're reading Bankless, you probably know how to buy some BTC, and with spot BTC ETFs now trading in America, it has never been easier to get exposure to Bitcoin, but not every investment route was created equal…
Today, we’re exploring six of the most prominent methods individual investors employ to gain exposure to Bitcoin and discussing the merits of each to help you determine which is the best fit.
Let’s dive in 👇
Kraken is one of the largest and most secure crypto platforms in the world. They've been in the crypto game for over a decade, and now they're inviting us all on a journey to see what crypto can be.
Welcome to the LRT episode, covering the entire playing field of liquid restaking projects and what makes each one unique and special.
On today's show we have representatives from Ion, Ether.fi, Puffer, Kelp, Swell, and Renzo making this episode your one-stop-shop to go from zero to expert on the Ethereum restaking landscape 🔥
- 💻 The Rollup OS for Ethereum - Fuel
- 🗺️ Rollup-Centric Roadmap 2024 - Mike Neuder and Stokes
- 🔢 Unified Endgame Rollup Requirements - George Spasov
- 📆 The 2021-2023 NFT Retrospective: Ch. 3 - Poof
- 💹 The Ultimate LRT Q1 2024 Market Report - RedStone
- 🦾 Understanding the Intersection of Crypto and AI - Lucas Tcheyan
- 🤺 The Cost to Attack Bitcoin and Ethereum - Lucas Nuzzi, et al.
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.