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Degens Embrace the Memechain
Published on Apr 1, 2024

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Later this week, we're shipping a guide on how to set yourself up for 5 major restaking airdrops, but you'll have to be a Bankless Citizen to read it! Bankless Citizens get full access to all of our alpha, as well as ad-free podcasts, and our Airdrop Hunter app.

Time is ticking, and you have ⏳ only 2 days left ⏳ to secure your Citizenship before we release our guide.

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NEED TO KNOW
Tron Tron Moves to Dismiss
  1. 🛑 Tron wants SEC case dismissed. Tron's legal team wants a judge to dismiss the SEC's case, which accuses them of illegal securities sales, fraud, and market manipulation.
  2. 💰 FTX payments by end of year. FTX isn't returning the full value of lost crypto to users, but they'll start redemptions to some users by the end of the year.
  3. 3️⃣ L3 Fever? Degen's L3 chain is taking off but not everyone is happy, with Polygon Polygon Labs CEO saying L3s "exist only to take value away from Ethereum."
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TODAY IN MARKETS
Degens Embrace the Memechain

📊 Culture, Catalysts & Coinbase. Memecoin DEGEN DEGEN roared to life last month as Base Season accelerated, with holders bagging 4,000% returns during March. What catalysts propelled DEGEN to a unicorn valuation, and can this coin continue to run?

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Prices as of 4pm ET 24hr 7d
Crypto $2.61T ↘ 2.8% ↘ 2.2%
BTC $69,641 ↘ 1.7% ↘ 1.8%
ETH $3,485 ↘ 4.1% ↘ 4.0%
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SPECIAL ANNOUNCEMENT
David Joins Solana

BROOKLYN, New York — Bankless co-owner David Hoffman has announced his resignation from Bankless, effective immediately, in order to take a full-time position at the Solana Solana Foundation as its first “VP of Decentralization.

“I just really want to help Solana decentralize,” said Hoffman in a tweet announcing his new role. “This goes beyond Nakamoto coefficients for me; this is about actually making a difference. Anybody with a data center should be able to run a Solana validator.”

Read more on David's big move 👇


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LATEST POD
When Ethereum Ethereum ETF?

The Bitcoin ETF was a huge win for crypto. Will an Ethereum ETF be approved?

We brought Matt Hougan & Ryan Rasmussen of Bitwise to explore exactly that. We go through what made the BTC ETF so successful, what we need to replicate that process for Ethereum and what comes after the ETH ETF.

Get the full rundown 👇


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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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