DeFi

🪂EigenLayer Airdrop Claims Go Live

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✍️ In today’s newsletter:

  • EigenLayer Airdrop Claims Go Live
  • Bitcoin collapses by $2,000 in 60 minutes
  • Solana Memecoins Rally as Crossroads Conference Kicks Off
  • Anatoly Yakovenko presents Solana Post-Firedancer
  • Crypto Markets Fall Following Disappointing US Economic Data
  • The weirdest moments in crypto
  • Cardano to integrate CIP-69 in next upgrade
  • Jupiter aims to launch a mobile app by July

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📈 Markets of the last 24 hours:

Value of ticker24h
Bitcoin $63,2843.38 %
Ethereum $3,054 2.64 %
Gold 1st Future2 $332 0.80 %
S&P500 5214.08 0.51 %
Web Arch 32:15 4:45 %
Learn more about Arch Indices,[object Object] %

🎬 WATCH

Check out our interview with Haseeb Qureshi from Dragonfly Capital. Additionally, check out our Tutorial exploring Friend Techit’s boiling iteration v2.

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Stellar allows manufacturers to unleash human and economic potential. Explore the new Stellar smart contracts platform, Sorobándesigned for scale and sensitivity.

Guru creates a multi-chain AI compute layer with orchestration managed by Guru Enlightenment Network. The ecosystem focuses on implementing an atomic franchise mechanism for gurus to share and earn money on their AI processors and individual agents.

Safe{Wallet} is considered the most secure wallet in the web3 space, trusted by Vitalik Buterin and leading projects to protect over $100 billion in assets. The smart wallet is widely known for its multisig functionality, offering robust security measures, convenient account recovery, and access to a thriving ecosystem of over 200 integrated apps.

🪂EigenLayer Airdrop Claims Go Live

Ethereum Resumption Protocol EigenLayer opened claims for airdrops for users who participated in its participation.

THE The EIGEN token is not yet transferable but can be staked and delegated to EigenDA node operators.

📉Bitcoin collapses by $2,000 in 60 minutes

Crypto markets fell sharply Friday, retracing gains from yesterday’s rate cut, a rally driven by optimism.

Bitcoin fell 3% within an hour, while Ether plunged below $3,000. by Solana SOL down 4% at $147.

📈Solana Memecoins Rally Alongside SOL as Crossroads Conference Kicks Off

Solana Crossroads 2024 The conference in Istanbul is underway and the markets are reacting.

Coins unironically, it was considered a serious topic throughout the event, with several panelists asking for a show of hands from the active meme token traders seated among the audience – each time eliciting an enthusiastic response.

The combined capitalization of Solana memecoins rebounded 12% at $7.83 billion.

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US Treasuries are now available on-chain thanks to Cogito Finance and the launch of TFUND, an investment product that allows you to add these so-called risk-free assets to your portfolio.

FUNDS offers an attractive 5% APY, making it a stable and secure cash management solution for DAOs, Web3 protocols, institutional investors and HNWIs.

With its ultra-low risk, it is perfect for preserving capital with the benefits of blockchain and the security of traditional financial instruments.

The underlying asset is BlackRock’s iShares 0-3 Month Treasury Bond ETF (SGOV), offered by one of the best-known asset managers and a leading provider of investment solutions, consulting and risk management in the world.

🔥Anatoly Yakovenko presents Solana Post-Firedancer

CEO Anatoly Yakovenko said Solana would have officially transcended its “mainnet beta” with the Firedancer launch imminent — the Solana client of Skip crypto.

Firedancer offers a completely new codebase intended to eliminate the risk posed by Solana’s current single-client implementation, increase transaction throughput and boost network efficiency.

🏦Crypto Markets Fall Following Disappointing US Economic Data

Crypto markets fell sharply Friday morning, reversing an earlier rally that had propelled the world’s largest cryptocurrency as high as $64,212 this week.

The catalysts for the decline in cryptocurrency prices have been disappointing US economic data And hawkish remarks from Federal Reserve Bank of Dallas President Lori Logan.

🤭The weirdest moments in crypto

The term “meme” was coined by evolutionary biologist Richard Dawkins to define a cultural unit. Coinsin a certain way, are the pinnacle of the concept, because they constitute a Internet culture unit you can also own and trade.

Combine the already irreverent nature of memes with the ability to create meme-related tokens without permission, and pretty weird moments will inevitably follow.

SPONSORED SHOUT

Solana Crossroads is a crypto conference hosted in Istanbul, Turkey that offers the opportunity to collaborate with the brightest minds at Solana.

In partnership with Step Finance, we are live streaming the entire 2-day conference as the exclusive media partner of Solana Crossroads here in Istanbul, Turkey.

▶️ WATCH NOW: SOLANA CROSSROADS – THE SOLANA CONFERENCE [DAY 1]

⛓️Cardano to integrate CIP-69 in next upgrade to streamline dApp development

Charles Hoskinson, the founder of the Cardano blockchain, confirmed that CIP-69 will be included in the network’s upcoming Chang hard fork.

The proposed CIP-69 aims to strengthen security and trust for developers building on Cardano. This change would allow more versatile use of a single validation scriptallowing it to fulfill multiple roles, including minting and spending tokens, without the complications resulting from current design constraints.

📱Jupiter aims to launch a mobile app by July

Siong, co-founder of Solana’s leading DEX aggregator Jupiter, revealed a target date for launching the protocol’s mobile application.

Speaking at the Solana Crossroads 2024 conference, Siong revealed that the project aims to roll out its mobile app during “end of May or beginning of June.” Siong noted that a “flight test” version of the app is already “up and running,” with Jupiter currently in the process of submitting the mobile app to Apple for approval.

🌍 SOMEWHERE ELSE

  • Jack Dorsey says Bitcoin price will exceed $1 million in 2030 (CoinDesk)
  • Banks are feeling FOMO as SEC rules keep them out of crypto custody (Fortune)
  • Trump gets support from crypto investors at Mar-a-Lago: “If you like crypto, you better vote for Trump” (Benzinga)

🔥 TRENDY

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