🏴 Putting Restaked ETH to Work

gm Bankless Nation, EigenLayer's token is on the way, but what about the wave of customers?

Putting Restaked ETH to Work Published on May 1, 2024 View in Browser gm Bankless Nation, EigenLayer's token is on the way, but what about the wave of customers? Today's Issue ⬇️ ☀️ Need to Know: Economy Slip? BTC dives after altcoin sell-off. 📊 Today in Markets: BTC Wobbles Bitcoin gets hit by Macro concerns. 🏃‍♂️ Tactic: Delegate Restaked ETH Who/What/Why of EigenLayer AVSs. 🎧 Latest Pod: ConsenSys vs SEC Joe Lubin talks SEC aggression. 🛠️ Take Action: What We're Doing Crypto market opps we're watching. Citizens only! Sponsor: Kraken — Sign up for an account and see what crypto can be. Sign up for Kraken .  .  . NEED TO KNOW Bitcoin Stutters 👎 Bitcoin dips. Amid economic uncertainty, crypto markets continued to dump Wednesday, led by Bitcoin which is down 10% this week. 🟦 Dorsey’s Block facing scrutiny. Federal prosecutors are reportedly examining Block’s transactions amid whistleblower reports that lax screening led the firm to process crypto transactions for terrorist groups. 🗿 BlackRock leads Securitize deal. Securitize, the firm which BlackRock launched its BUIDL fund with, has raised a $47M funding round led by BlackRock. .  .  . TODAY IN MARKETS Economic Wobbles Hit Bitcoin 📊 Macro Mania. Crypto assets are getting volatile as macro is once again dominating the narrative. Is the bottom in, or is the downside just getting started? Read More Analysis on Bankless.com Prices as of 6pm ET 24hr 7d Crypto $2.18T ↘ 1.7% ↘ 8.4% BTC $57,967 ↘ 4.0% ↘ 9.8% ETH $2,970 ↘ 1.1% ↘ 5.6% .  .  . TACTIC Delegating Your Restaked ETH Bankless Author: William M. Peaster How can you put your restaked ETH to work? In the EigenLayer ecosystem, an Actively Validated Service (AVS) is a project that uses the security of Ethereum via EigenLayer to underpin its native functionalities. AVSs can be anything from data availability solutions to L2s, like optimistic or zk-rollups, and plenty more in between.   Here's how to delegate your restaked ETH 👇 Read the Full Rundown FRIEND & SPONSOR: KRAKEN Kraken is one of the largest and most secure crypto platforms in the world. They've been in the crypto game for over a decade, and now they're inviting us all on a journey to see what crypto can be. Sign up for Kraken .  .  . LATEST POD ConsenSys Suing SEC The SEC is going after Kraken, Coinbase, Uniswap and Metamask. They’re trying to turn every non-custodial wallet into a broker-dealer. We brought on Joe Lubin, a crypto OG and CEO of Consensys, the company behind a number of massive crypto projects including the popular Metamask wallet, to discuss why his company is suing the SEC stateside. Dig into the full episode 👇 Watch the Episode .  .  . TAKE ACTION What We're Doing Each week, Citizens get a curated list of market opportunities that the Bankless team is watching. As a free subscriber, you're missing out! 👇 Upgrade to Unlock .  .  . 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. Upgrade Your Account Manage your account 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. See our Investment Disclosures | Terms & Conditions | Privacy Policy Bankless © 2024 – Unsubscribe