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Solana's bull run and BTC/ETH lows have plenty questioning Ethereum's scaling philosophy. Let's dig deeper into what that philosophy is. Today's Issue ⬇️ - ☀️ Need to Know: Memecoins Tumble
Tokens fell Friday; memes fell harder. - 📊 Today in Markets: UNI's SEC Hit
SEC's Uniswap aggression hits UNI token. - 🧪 Analysis: The ETH Tree of Life
The unified architecture of Ethereum. - 🎧 Latest Pod: Crypto's Top Lawyers
Crypto's legal warriors hit back. - 🧑🌾 Invest: Yield Opps
The yields we're watching this week.
p.s. Thanks to Cartesi. Try to hack Cartesi's Honeypot dApp! Compete in the bug-bounty initiative and refine the underlying code of Cartesi Rollups.
Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies. . . . NEED TO KNOW Memecoins Tumble - 🐸 Memecoins tumble. Crypto markets had a rough Friday, but memecoins were hit particularly hard with WIF, PEPE and BONK all showing 25%+ drops.
- 🇭🇰 HK could approve spot ETFs next week. Hong Kong crypto ETFs for Bitcoin and Ethereum could be approved as soon as Monday.
- 🥷 DEX hacker sentenced. A U.S. judge sentenced a hacker who stole $12 million from two separate DEX hacks to three years in prison.
. . . TODAY IN MARKETS UNI Takes an SEC Hit 📊 SEC Shakedown. The UNI token erased nearly $2B in market capitalization and is down more than 20% off this week’s announcement that the Securities and Exchange Commission (SEC) had sent the Protocol’s developer a Wells Notice. How will impending legal action impact the token going forward? | Prices as of 2pm ET | 24hr | 7d |  | Crypto $2.48T | ↘ 4.7% | ↘ 1.6% |  | BTC $65,928 | ↘ 5.5% | ↘ 2.0% |  | ETH $3,176 | ↘ 9.3% | ↘ 4.8% | . . . ANALYSIS The Unified Architecture of Ethereum Ethereum is a Root of Trust. Its design architecture preserves the fundamental commitments that the crypto industry makes to society. The average validating Joe can check the power of the experts and elites. Everyone has equal access to the system. No one is a privileged party. No one is enshrined. What core philosophies make the Ethereum L1 distinct from other players out there today?👇
Mass adoption of token-governed technologies. With Mantle Network – an Ethereum rollup, Mantle Treasury, and a token holder governed roadmap for products and initiatives. . . . LATEST POD Crypto's Top Lawyers vs. The World While there is always a lot of activity on Crypto Legal Front, this particular moment in time feels especially active. Today on the show, we have Jake Chervinsky and Amanda Tuminelli – two of crypto’s most impressive lawyers.
Every single court case brings new precedent and new clarity to the crypto space. The theme of this episode today might be… crypto bites back.
Get the full rundown 👇 . . . INVEST This Week's Yield Opps Each week, Citizens get a curated list of yield opportunities that the Bankless team is watching. As a free subscriber, you're missing out! 👇 . . . GO BANKLESS Don't Miss Another Airdrop! Thousands of Bankless Citizens scored an average of $3,500 worth of tokens after Ether.fi's airdrop. Did you miss out again? Ether.fi was in the Bankless Airdrop Hunter, and you could have gotten into the latest drop by following our quests! There are nearly 80 other crypto protocols in Airdrop Hunter waiting for you. | 
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