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Can AI Kill Democracy?
Published on Sept 11, 2024

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NEED TO KNOW
Mining Difficulty Soars
  1. ⛏️ Bitcoin Bitcoin Mining Difficulty Soars Amid Sector Challenges. Competition is increasing to mine new BTC blocks.
  2. 🇬🇧 UK Introduces Bill to Give Crypto Owners Legal Property Rights. The UK’s Ministry of Justice is sponsoring the bill.
  3. 🎤 Harris-Trump Debate and New CPI Data Bring Market Volatility. Both crypto and TradFi markets whipsawed Wednesday.

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MARKET VIBES
Trump Performance Indicator

📸 Daily Market Snapshot: Last night, two financial indicators took sharp simultaneous dives during a particularly tough moment for Donald Trump in the presidential debate. Those indicators were the price of BTC and Trump's Polymarket odds of winning the race. The snapshot encapsulates the current lock-step fortunes of crypto prices and Trump's re-election. With Harris and Trump in a dead heat across swing states, we can likely expect more volatility in the coming weeks.

Prices as of 6pm ET 24hr 7d
Crypto $2.02T ↘ 0.4% ↘ 1.0%
BTC $57,393 ↘ 0.3% ↘ 1.3%
ETH $2,344 ↘ 1.4% ↘ 4.8%
OP $1.55 ↘ 2.9% ↗ 14.2%

🔴
New Token Rating: Optimism is enjoying an electric start to September and ranks as one of the top-performing crypto assets this week! Is it finally time for OP to outperform?
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EARLY ACCESS
Will AI Kill Democracy?

Can democracy survive artificial intelligence?

Today, on a special in-person recording of Bankless, we welcome best-selling author Yuval Noah Harari. Yuval is best known for his book Sapiens, and today, he is introducing ideas from his next book Nexus

Our conversation explores the question: if human beings are so wise, why are we so self-destructive?

Hear all of the analysis! 👇

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ANALYSIS
Navigating Solana's Top DeFi Opportunities
Bankless Author: David C.

Investing in stablecoins or Solana's native liquid staking tokens may not be as thrilling as hunting the next breakout token, but can provide reliable ways to earn.

Stablecoins provide price stability, while LSTs allow you to earn base staking rewards while maintaining liquidity. Through DeFi platforms like Kamino, Drift, and Save (formerly Solend), you can put stablecoins and LSTs to work, amplifying your earnings through yield farming strategies.

Whether you prefer passive, lower-risk returns or are willing to take on higher risks for greater rewards, this article breaks down the top yield opportunities for leading stablecoins like USDC and PYUSD, as well as Solana's leading LSTs, helping you find the best match for your risk profile. 👇


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GO BANKLESS
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Keine Finanz- oder Steuerberatung. Die Inhalte von Bankless dienen ausschließlich Bildungszwecken und stellen keine Anlageberatung oder Aufforderung zum Kauf oder Verkauf von Vermögenswerten dar. Dieser Newsletter ist keine Steuerberatung. Konsultiere deinen Steuerberater. Recherchiere selbst.

Offenlegung. Gelegentlich fügen wir Links zu Produkten ein, die wir nutzen. Wenn du über diese Links etwas kaufst, erhalten wir möglicherweise eine Provision. Außerdem hält das Bankless-Team Krypto-Vermögenswerte. Sieh dir unsere Offenlegungen hier an.

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