What Vitalik Thinks
Published on Dec 11, 2023
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NEED TO KNOW
Warren Won't Quit
  1. πŸ‘©β€βš–οΈ Warren's crypto crackdown. Today, Sen. Elizabeth Warren introduced draconian legislation going after crypto and DeFi.
  2. ⚠️ Binance tumbles. Binance's market share of crypto trading plummeted in 2023 – from 55% down to roughly 30%.
  3. πŸ’΅ IRS wants its cut. FTX's $24 billion IRS tax bill is holding up users from recovering their funds, the company says.
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TODAY IN MARKETS
Bulls Get Rekt

πŸ“Š Market falls. Crypto markets are having their worst day since August. Bitcoin and Ether faced major losses, and the total crypto market cap (TOTAL) is dialing back further as well as longs get liquidated across the board. Is this pullback a chance to buy the dip?

Prices as of 5pm ET 24hr 7d
Crypto $1.56T β†˜ 5.2% β†— 1.3%
BTC $41,150 β†˜ 6.1% β†˜ 1.7%
ETH $2,216 β†˜ 6.2% β†˜ 0.6%
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AIRDROP HUNTER
Free Hunt: marginfi

Crypto users are making tens of thousands of dollars hunting airdrops. Our tool, Airdrop Hunter, helps you hunt smarter and faster. We have guides for over 50 protocols, and we're adding more every week!

Interested? For a limited time, we're unlocking all 5 quests on marginfi: a protocol that is likely Solana's hottest outstanding airdrop target. Check it out! πŸ‘‡

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LATEST POD
Episode #200 with Vitalik

For our 200th Episode πŸ‘€ of Bankless, we had to bring in Vitalik to discuss his latest manifesto on tech progress, AI doomers and effective accelerationism. It's an amazing conversation.

Bankless Citizens get an exclusive Debrief conversation unpacking the episodeπŸ‘‡


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LEARN
Getting Started with Crypto

Our first Journey is a big one, but it is focused on why we're here in crypto. It's a big list of some of our favorite podcasts and essays, so don't worry if you can't make it through them all in a weekend. You're still early, and you're on the right track!

Dig into our first Journey πŸ‘‡

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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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