gm Bankless Nation, Ethereum versus Solana is a debate we tackle on Bankless on a pretty regular basis. Today, we bring in a Columbia Professor to bring the academic view to the discussion.
gm Bankless Nation, Ethereum versus Solana is a debate we tackle on Bankless on a pretty regular basis. Today, we bring in a Columbia Professor to bring the academic view to the discussion.
Today's Issue ⬇️
☀️ Need to Know: More Hacks Another protocol gets drained.
📊 Market Vibes: Election Flip Is a Trump win priced in?
🗣️ Tactic: 3 Apps on Fuel L2 Get started with this unique new entrant.
🧋 Tapioca DAO Hack Crashes TAP Token by 96%. The social engineering attack has decimated the lending protocol's native token.
💊 Pump.fun Plans Token Airdrop as Activity Surges. Premier Solana memecoin launchpad Pump.fun is planning to launch a token as its activity levels surge.
🐵 ApeCoin Surges as ApeChain Launches and Enables Staking. The Bored Apes ecosystem has had a tough bear cycle, but ApeChain is bringing new attention to $APE.
. . .
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📸 Daily Market Snapshot: Crypto's October pump has arrived alongside increasingly positive polling numbers for Donald Trump, who has overcome deficits in swing states to now have a slight overall advantage in the presidential race, according to many pollsters. While many are forecasting a reduced crypto regulatory footprint under a Trump administration, the uncertain question is whether Trump will still be a voice for an industry that didn't want to buy his World Liberty Financial token…
Prices as of 6pm ET
24hr
7d
Crypto $2.34T
↘ 1.2%
↗ 2.2%
BTC $67,748
↘ 1.8%
↗ 2.9%
ETH $2,674
↘ 2.2%
↗ 2.1%
🤖
New Token Rating: Crypto degens are aping GOAT in their never-ending search for the best blockchain-based AI investment. Which legitimate application stands to benefit the most from this reinvigorated meta?
On multiple occasions, Vitalik Buterin has applauded or highlighted experimentation in Ethereum’s Layer 2 ecosystem. One example he’s specifically cited before? Fuel.
Fuel has its own bespoke FuelVM. Instead of the account-based architecture that most L2s have inherited from Ethereum, Fuel uses an unspent transaction output (UTXO) approach centered around assets and transactions. This style is unique in the L2 landscape today, allowing Fuel to execute transactions in parallel and scale horizontally. Simply put, it’s an advance that has widened the horizon of what’s possible atop Ethereum.
Cartesi has a challenge for all talented devs! Try to hack their Honeypot dApp. Compete in a bug-bounty initiative to test, scrutinize, and refine the underlying code of Cartesi Rollups!
Bankless Nation, in this episode, we are thrilled to host Omid Malekan, a professor at Columbia Business School who has been teaching crypto since 2019 and authored the insightful book Re-Architecting Trust.
Malekan is renowned for simplifying complex crypto topics, earning him the title of “Explainer in Chief” in the blockchain space.
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.
