gm Bankless Nation, Today, paying subscribers are getting another Daily Brief: Citizen Edition. As a free subscriber, you're missing out on some great stuff. Upgrade to get the goods.
Today's Issue ⬇️
☀️ Need to Know: America Coins? Trump may be getting creative.
🗣️ Deep Dive: The Morpho Trade Citizen-only DeFi play of the week.
🤑 Token Rating: Compound Risk The risks hanging over Compound.
✍️ Cheat Sheet: JUPuary Arrives Opps, reads, yields, and airdrops.
p.s. Thanks to 0x. 0x v2 | NEXT GEN PRICING ENGINE 🚗. Built for serious onchain apps, tap into best all-in prices from $5k to $10m+. Start building today at 0x.org.
Sponsor: Uniswap Labs — Uniswap Labs launched a $15.5 million bug bounty to help secure V4.
🇺🇸 Trump Flirting with USA Coin Strategic Reserve. The New York Post reports Trump wants an America-first reserve of crypto tokens that could include SOL and XRP.
💸 Senator Lummis Threatens FDIC Over Crypto Scandal. The Republican said whistleblowers had told her documents detailing FDIC activity around crypto had been destroyed; now, she wants to take legal action.
👻Phantom is Raising $150 Million from VCs. Crypto wallet Phantom banked a monster round from crypto's top VCs at a $3 billion valuation, Bloomberg reports.
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Daily Market Snapshot: It was a mixed day for crypto markets as ETH slid (-4%) alongside a number of hot recent movers like AI16Z (-16%), VIRTUAL (-13%), and PENGU (-9%). Meanwhile, XRP (+5%) continued its stellar week of Trump pumping as it drives toward overtaking its $3.84 all-time high hit back in 2018.
Morpho’s lending markets have exploded in popularity since October, and just last week, Morpho flipped Spark to become crypto’s second-largest onchain lending market!
From custom lending markets to a unique risk management approach, Morpho has redefined what it means to be a DeFi lending primitive. Today, we unpack Morpho’s innovative approach to lending 👇
Every Thursday, Citizens get access to the top Market Plays, Hot Reads, Farming Opps, and Airdrop Hunts that our analyst team is tracking! Don't miss out! 👇
Uniswap Labs is offering the largest bug bounty ever: $15.5M for critical bugs in Uniswap v4! Built with community contributions and rigorously audited, v4 will be one of the most audited codebases ever to be deployed onchain, and continues Uniswap’s commitment to security.
Not financial or tax advice. Bankless content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time to time, we may add links in this newsletter to products we use. We may receive a commission if you make a purchase through one of these links. Additionally, the Bankless team holds crypto assets.
