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Do AI and Crypto Mix?
Published on Dec 14, 2023
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NEED TO KNOW
Ledger's API Panic
  1. 🙈 Ledger service gets hit. Hackers phished a Ledger employee and inserted malicious code into the company's Connect Kit library, compromising DeFi protocols that had integrated it. Hackers made off with nearly $500K.
  2. 👀 Gary's new look. Talking to CNBC, Gary Gensler said the SEC's re-examination of crypto spot ETF applications was a 'new look' prompted by courts.
  3. 💵 JPM expecting ETH-heavy 2024. JPMorgan's CEO may want to kill crypto, but his firm still expects ETH to outperform BTC in 2024.
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TODAY IN MARKETS
BONK Swings for the Fences

📊 Memecoin season returns. Solana's ecosystem “culturecoin,” BONK, surged on its Coinbase debut, setting new all-time highs and pushing towards a $1.2 billion market cap. The doggy coin du jour is up 92% week-over-week, and its parent network's native token is also up over 9%, while ETH and BTC are still in the 7-day red after this weekend's slump.

Prices as of 6pm ET 24hr 7d
Crypto $1.63T ↗ 1.1% ↗ 1.9%
BTC $43,082 ↗ 0.5% ↘ 0.3%
ETH $2,324 ↗ 3.0% ↘ 1.1%
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ANALYSIS
Unpacking the AI Crypto Narrative
Bankless Authors: William Peaster and Jack Inabinet

So-called "AI Coins" continue to court attention from investors eager to capitalize on their enthusiasm for crypto and AI-based technologies, but how much crossover potential is there? Today, we look at the four major opportunities in this sector.

Read the full free analysis on our website 👇


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LATEST POD
Kraken's SEC Fight

Kraken CEO Dave Ripley is gearing up for another fight with the SEC. In today's episode, he walks us through the company's regulatory skirmishes and the opportunities ahead as one of the two most important exchanges in the US right now.

Hear the full story👇

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AIRDROP HUNTER
Latest Hunt: Rainbow

It's Airdrop Season! Rainbow Wallet has been in the news this week for their Points program. We've added four quests to our Rainbow page on Airdrop Hunter. Check them all out! 👇

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GO BANKLESS
Earn Airdrops!

Many Bankless Citizens who completed the Jito quests in our Airdrop Hunter app just earned $10k+ airdrop paydays!

It's airdrop season and plenty of other protocols are preparing to reward early users. Get on their lists. Start hunting!

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