📈 Robinhood Pumps on Crypto Gains. Crypto revenues for the trading app company were up more than 700% year-over-year.
📸
Daily Market Snapshot: Crypto traders finally saw green Wednesday afternoon in a volatile day of trading that saw Bitcoin bouncing between $94K and $98K. ETH popped 6% on the day, though clearing $2,750 offered little respite to down-bad sentiment among Etherians.
MegaETH's soulbound NFT community fundraise for Fluffles has quickly become the hottest ticket in Crypto Twitter since yesterday's kickoff, but the much-hyped Vitalik-backed L2 already had plenty of buzz building in recent months after banking both a $20 million venture raise and an oversubscribed $10 million round on the Echo community fundraising platform.
While its community-centric funding approach comes as a positive spin on the classic venture-backed model, MegaETH’s main selling point is delivering millisecond-level block confirmations without compromising security, achieving what it dubs as a “real-time” blockchain — an onchain experience that feels just like using a traditional web2 server.
Let's take a look at what's under the hood of MegaETH and what early builders are doing with all that speed 👇
Explore 300+ assets on Uphold. Trade, swap & hold – all in one place. In the US? Earn rewards, including rewards on stablecoins, exclusive insights, and early token access—just by staying active. Terms apply. Don’t invest unless you’re prepared to lose all the money you invest.
In this episode, we speak with Smokey, co-founder of Berachain, about the project’s newly launched mainnet and its innovative Proof of Liquidity model. The discussion unpacks Berachain’s unique three-way relationship between its app layer, validators, and non-transferable governance token that reimagines traditional proof-of-stake systems.
In this illuminating chat, Smokey explores both the potential benefits and the challenges of this economic experiment as it seeks to reshape blockchain economics. 👇
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.
