Restake’s Post

🌐 What happened in web3 this week?: • #Bitcoin nears critical $52K support level • Coinbase pushes for Ether ETFs • #Kraken files to dismiss SEC suit citing ‘dangerous precedent’ for overreach • FTX Estate can sell near 8% stake in AI startup anthropic, court rules • Reddit discloses Bitcoin and #Ethereum holdings in IPO filing Learn more 👇 https://lnkd.in/d_JZE7UJ

Last year, projects gave away $4.56 billion worth of Airdrop. About $2 billion was distributed by #ARBITRUM. Not everyone will give away like that, it's important to choose a quality one. This topic is about potential GEM and I'll tell you why! @alt_layer is an open and decentralized protocol that allows developers to run accumulative packages for specific applications. 💰 $21.6M investment from Binance Labs, Polychain Capital, Balaji Srinivasan, Jump Crypto, Hack VC, and others https://lnkd.in/dGYgzB2M Now @zksync and @alt_layer have launched https://lnkd.in/dZWkXRum a joint testnet where we will perform simple tasks and claim drops from the two projects. 🕘 Run time: ≈ 5-20 minutes 💰 Financial cost: ≈ 0$ 📆 Deadline: TBA ✅ What we do: https://lnkd.in/dUd3k7Pg

With all the developments in staking lately, you’re probably wanting to learn more about it. Good news – Now is the best time. ⏰ In collaboration with Decrypt, we introduce our “Getting Started with Institutional Staking” course. 🎉 Here you can learn: ✅ How Proof-of-Stake blockchains function ✅ How to earn rewards ✅ The staking solutions available to investors. Understanding #staking can be easy. Get started here. 👇 https://lnkd.in/e9jwjBm9

Minters, also known as permissioned actors, mint $M on the M^0 protocol. Whether you're a financial institution, exchange, crypto-native entity, stablecoin provider, or an entity looking to issue stablecoins, explore M^0. Unlock new opportunities with M^0 and join our ecosystem: https://lnkd.in/esp2Y4uc #stablecoin #participate

Chainlink Founder, Sergey Nazarov, discusses the distinctiveness of the current crypto market cycle. Nazarov believes the influx of diverse investors could accelerate the adoption of real-world asset tokenization. - https://lnkd.in/d_RSucXV

Fred Ehrsam is the co-founder of Coinbase. He sold hundreds of millions of COIN stock after IPO at the peak in 2021 at prices between $250-$400. He then bought back $125 million+ COIN stock between $60-$70 in May 2022. Now, he's sold ~$50 million in stock at prices between $100-$139 over the last month. (the last trade of $13 million came 15 minutes ago). He still holds over $60 million+ in COIN directly and holds ~$400 million in his crypto fund, Paradigm. What are your thoughts on crypto heading in 2024? Track any company insider trades at StockOcean, just type in the ticker and add an alert. Source: https://lnkd.in/ehZiT3cR

Arbelos Markets Raises $28 Million: ➖Arbelos Markets, a crypto liquidity provider, has secured $28 million through a seed funding and debt financing round led by Dragonfly Capital Partners, LLC. Participants included Circle Ventures, AEVO, Polygon, Deribit, Immutable, and other investors. ➖The company plans to use the capital to enhance its quantitative trading infrastructure, expand its team, and broaden its product offerings and market presence. This move is part of Arbelos's effort to replace traditional trading systems with a model based on provable trust. ➖Founded in 2023 by Joshua Lim, former trader at Galaxy and Genesis, and Shiliang Tang, former CIO at LedgerPrime, Arbelos aims to become a principal dealer in crypto derivatives. The funding comes as institutional interest in crypto derivatives grows, highlighted by a record $29 billion in combined open interest for bitcoin futures and perpetual swaps in April 2024, a 160% increase from the previous year.

🔥 Dive into @Injective for Next-Level Finance Infrastructure! From fully decentralized MEV-resistant orderbooks to on-chain spot, perpetuals, futures, & options - we've got it all! Plus, our cross-chain bridging works with Ethereum, Solana & more! #Injective #Finance

Join me next Tuesday for a stablecoin deep dive! 👏 We're talking about allll the latest in enterprise use cases – and the challenges ahead for businesses. Set a reminder on X: https://lnkd.in/eMNfJkXw

Eterna Capital's monthly newsletter has been published! 📢 This month they are showcasing their portfolio company Linera. They announced the launch of the Linera Devnet! Developers can now test their new applications and experiment more easily with microchains ⛓️. #etfs #bitcoinetf #circle #stablecoins #ethereum