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Laura Shin
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If the sequencer is centralized and
Ethereum
does all the work, does your L2 need a token?
@dunleavy89 says that most L2 tokens are fundamentally worthless 🥵
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Does ETH rely on charity? 😮 If MEV goes away, and fees collapse, who’s left securing Ethereum? @dunleavy89 says it’s about aligned incentives. @Austin_Federa calls that charity 😇
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In today's Unchained Daily: 🤣 “Nothing to see here,” Trump firm says of crypto spree report 💸 Alpaca Finance: Going, going… 🔑 Quantum computing is coming for your bitcoin 🪂 Lagrange Labs prepares for drop 🌎 Read today’s must-know crypto news… and subscribe!
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In today's Unchained Daily: 💸 A$110M swindle… but a judge says it’s ok 🐳 Hyperliquid whale takes plunge, loses shirt 🪲 How Cetus set itself up for a hack 🎯 Read it now… and make sure you never miss one. Subscribe! https://unchainedcrypto.beehiiv.com/p/mango-markets-fraud-convictions-overturned-by-judge-0ec17971d7040a14
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It’s like the internet never happened… 🦕 🦖 Why else would some senators want to ban yield-bearing stablecoins? 🧐 Warren 📞 📞
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Who benefits if the U.S. bans yield-bearing stablecoins? 🤑 💣 The biggest asset managers on Wall Street, according to @CampbellJAustin.
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