Tokenize Everything ($)
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Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies.
- 👎 Joe Biden ready to veto pro-crypto bill. With the House readying a vote to oppose an SEC crypto accounting policy, Biden made it clear he'll be vetoing the bill if it hits his desk.
- 🤔 FTX expects to distribute $16.3B in assets. If the plan is approved by the bankruptcy court, most creditors will receive 118% of the cash value of their claims, though this is hardly a win for investors losing out on substantial crypto gains.
- 💳 Vitalik proposes EIP-7702. Buterin made an alternative proposal to EIP-3074 which aims to evolve account abstraction and level-up the capabilities of EOAs while maintaining compatibility with ERC-4337.
📊 Ethena catalysts. Many crypto tokens are finding themselves in the red, but Ethena’s ENA has managed to defy the trend, up nearly 10% to start the week! What is causing ENA’s outperformance, and is the catalyst sustainable?
| Prices as of 5pm ET | 24hr | 7d |
|
Crypto $2.27T | ↘ 2.3% | ↗ 4.1% |
|
BTC $61,625 | ↘ 2.2% | ↗ 6.5% |
|
ETH $2,977 | ↘ 2.3% | ↗ 0.5% |
Are real-world assets crypto’s next frontier?
Real World Assets (RWAs) are the talk of the town. Big names like BlackRock are getting into RWAs, Tether is rolling out its own platform, and the numbers are impressive too – RWA tokens reached a record market cap of $2.7 billion in February.
Today’s story gives a rundown of the RWA landscape, highlighting the different types of real world assets being tokenized and the standout projects to keep an eye on.
Let’s dive in! 👇
Mass adoption of token-governed technologies. With Mantle Network – an Ethereum rollup, Mantle Treasury, and a token holder governed roadmap for products and initiatives.
What’s the endgame for Bitcoin scaling? That’s what we asked Bitcoin builder and researcher Eric Wall.
We started off our conversation exploring the evolution of Bitcoin and the genesis of scaling solutions on top of it. We then got into the intricacies of the BitVM, what exactly a Bitcoin L2 is, and what’s coming next.
Bankless Citizens get an exclusive Debrief of the episode 👇
Each week, Citizens get a curated list of market opportunities that the Bankless team is watching 👇
- 📱 Creating a casual club on friend.tech
- 🤖 Staking on the NIM Network mainnet
- 🌈 Earning Rainbow Points by joining a Party
- 🔵 Remixing Base’s Onchain Summer billboard
- 🔀 Preparing for ERC-20 restaking on Overload
- 🪙 Experimenting with token launches on Basecamp
- 💎 Collecting Daily Gems with Immutable Passport