Together with | | GM Defiers! | ✍️ In today's newsletter: | Fantasy.Top Takes Off But Faces Malicious Bot Activity Crypto Markets Give Up Previous Week's Gains Superchain-based Mode Network Kicks Off Airdrop AI Tokens Outperform as Crypto Markets Consolidate
| 🙏Sponsored | | 📈 Markets in the last 24 hrs: | | TICKER | VALUE | 24 H |
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| Bitcoin | $62,889 | -0.45 % | | Ethereum | $3,039 | -0.84 % | | Gold 1st Future | $2,322 | 0.00 % | | S&P 500 | 5187.70 | 0.13 % | | Arch Web3 | 2.13 | -0.76 % | | Learn more about Arch Indices here. | |
| | | | | 🎬 WATCH | Check out our podcast with Carlos Domingo, the founder and CEO of Securitize, to learn about BlackRock's tokenized fund, BUIDL. Plus, check out our tutorial exploring Friend Tech's bubbling v2 iteration. |  | BlackRock's BUIDL | Creating The Largest Tokenized Treasury Fund With Securitize |
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| | THANKING OUR NEWSLETTER SPONSORS | | NEWSLETTER CONTINUES BELOW | | | Stellar empowers builders to unlock human and economic potential. Explore the new Stellar smart contract platform, Soroban, designed for scale and sensibility. | | Guru builds Multi Chain AI Compute Layer with orchestration handled by Guru Enlightenment Network. Ecosystem is focused on implementation of Atomic Franchise Mechanism allowing Gurus to share and earn on their AI Processors and Individual agents. | | Safe{Wallet} is considered the most secure wallet in the web3 space, trusted by Vitalik Buterin and leading projects to safeguard over $100 billion in assets. The smart wallet is widely known for its multisig functionality, offering robust security measures, convenient account recovery, and access to a thriving ecosystem of over 200 integrated apps. | | | | Fantasy.Top, a social-fi card trading game built on Ethereum Layer 2 Blast, has grown rapidly since its launch on May 1. | After eclipsing $70M in total value locked (TVL) during its pre-launch phase, nearly 34,000 unique users have traded over 8,000 ETH ($24 million) worth of cards. | | | Crypto markets dipped on Wednesday, with most tokens surrendering the majority of their gains from last week's rally. | Bitcoin is currently trading at around $62,500, down nearly 2% over the last 24 hours. Ether dropped 1.4%, while Dogecoin dipped by 4%. | | |
| | | | | Are you looking for your next 10X? Then don't miss Consensus 2024 – your exclusive pass to cutting-edge alpha. From humble beginnings during Bitcoin's infancy to now welcoming 15,000+ attendees from 100+ countries, Consensus is the biggest and most established global hub for all things crypto, blockchain and Web3. Celebrating its tenth year, Consensus offers an unrivaled, forward-looking perspective on the future of finance, encompassing digital assets, tokenization, blockchain technology, regulation and policy, startups and beyond. | Meet with investors, builders, founders, creators, developers and brands looking to shape the narrative of the digital revolution. Mark your calendar for May 29-31 in Austin, Texas and don't miss this landmark occasion celebrating a decade of decentralizing the future. | Save 15% with code DEFIANT | READ MORE: Celebrating 10 years of decentralizing the future through discovery, dialogue and dealmaking |
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| | | Mode, a Layer 2 network that leverages Optimism's OP Stack, has launched its native MODE token with an airdrop for early adopters. 500 million MODE tokens will be distributed, accounting for 5.5% of the total 10 billion token supply. | MODE dropped 60% shortly after its launch. | | | Artificial intelligence (AI) tokens have bounced back strongly, with Render Network soaring 40% in the last seven days. | Other AI coins, like SingularityNET's AGIX, Bittensor's TAO, and Fetch.ai's FET, have rallied between 17% and 23%, outperforming the overall market. | | 🌍 ELSEWHERE | President Biden says he would veto resolution countermanding SEC crypto rule (Cointelegraph) Crypto Markets Under Pressure as $2B Worth of Altcoin Token Unlocks and $11B Bitcoin Distribution Loom (CoinDesk) Robinhood's crypto business drives massive earnings beat (Reuters)
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