The Bottom Line: Exodus Wallet provides a convenient and accessible way to manage coins and tokens across multiple blockchains with just one app. With this convenience come some limitations that may not be acceptable to veteran blockchain users. But, for newcomers, Exodus offers an easy-to-use interface, a fiat on-ramp, in-app swaps, and access to a......
The Bottom Line: Bakkt (NYSE: BKKT) is an institutional provider of crypto services including custody and trading, as well as both crypto on-ramp and off-ramp services. Spun out of ICE, the parent organization of the New York Stock Exchange, Bakkt counts large brands like Webull & Caesars Entertainment among its clients. For large businesses and......
Our Take On WebAuth Wallet THE BOTTOM LINE: The WebAuth Wallet has carved out a unique spot for itself, utilizing its native XPR blockchain to support cryptocurrencies across a number of different blockchains. Featuring gas-free transfer with their wrapped tokens and a system where wallet addresses are just simple text names, WebAuth has created a......
Airdrop Status: Unconfirmed Airdrop Confidence: High Token Launch: Confirmed Project Category: Ethereum Layer-2 (L2) Why We're Watching zkSync: Top L2s have had some of the biggest airdrops seen to date. In May 2022, Optimism, the second largest L2 by TVL, conducted an airdrop of ~160M OP tokens to early users. A total of ~160,000 addresses......
Key Points Shares of Grayscale’s Bitcoin Trust (GBTC) are currently trading at [~35%] discount to their underlying Bitcoin value. Buying shares of GBTC could be akin to buying Bitcoin at ~65 cents on the dollar, but there are several things that need to happen for that to actually be the case. Recent filings for spot......
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Investor Insights: Whale Watching: The Milk Man’s been wondering how big money has been navigating this downturn. With the assistance of real-time blockchain data, he’s serving up insights for three wallets this week: The wallet managing 1inch’s investment fund The wallet of a top ranked whale on DeBank The Dogecoin wallet of Robinhood Note: This......
Key Points EigenLayer’s ‘restaking’ will allow ETH stakers to earn incremental yield on staked ETH. The project is slated to launch on Ethereum in Q3 2023. Participating in its testnet version (steps below) is expected to give early adopters a leg up come launch time. EigenLayer has not publicly announced plans for a token launch......
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