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🎮 Arbitrum Plots Incentives For GameFi Developers

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Arbitrum has set its sights on web3 gaming, with the project’s community backing a proposal to allocate 200 million ARB over three years to incentivize GameFi development.

Caitlyn Jenner has climbed aboard the crypto bandwagon, with the celebrity’s social media heavily promoting JENNER, a token deployed via the Pump.fun launchpad. While many onlookers questioned whether JENNER resulted from a social media hack, others believe the token was concocted by a shady “middleman” alongside the Jenner camp.

Plus, Manta’s CeDeFi product attracts $120 million in debut week, real-world assets rally post Ether ETF approval, and analysts tip ETH could rally to $6,000 amid ETF hype.

✍️ In today’s newsletter:

  • Arbitrum’s 200M ARB gaming incentive program
  • Caitlyn Jenner raises eyebrows with token launch
  • Manta CeDeFi garners $120M TVL
  • Real-world asset protocols bolstered by ETF approval
  • Traders anticipate new all-time highs for ETH

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📈 Markets in the last 24 hrs:

TickerValue24h
Bitcoin$69,122-1.52 %
Ethereum$3,742 -1.32 %
Gold 1st Future$2,389 -1.34 %
S&P 5005307.01 -0.27 %
Arch Web32.36 -2.69 %
Learn more about Arch Indices ,[object Object]%

🎬WATCH

Check out our podcast with Lukas Schor, the founder of Safe, to learn about how quantum computing could impact blockchain. Plus, watch our interview with Robert Viglione, co-founder of Horizen Labs, to discover how the project is driving down the costs associated with zero-knowledge proofs.

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🕹️ Arbitrum Community Backs 200M ARB Plan To Attract Web3 Game Builders

the-defiant

Arbitrum’s Gaming Catalyst Program is garnering early support from the project’s community. The proposal would allocate 200 million ARB ($250 million) to attract and support developers building web3 gaming titles and infrastructure.

🪙 Caitlyn Jenner Promotes Crypto Token, Denies Account Hack

Caitlyn Jenner is promoting a token called JENNER on social media, with the token garnering more than $28 million in volume over 90 minutes. While some onlookers questioned whether JENNER was created by social media exploiters, others believe the asset is the product of a middleman responsible for multiple influencer rug-pulls working alongside Jenner’s management.

💰 Manta CeDeFi Crossed $100M In TVL After One Week

Manta’s new CeDeFi protocol has attracted more than $120 million just one week after its launch. Early adopters are racing to pile assets into Manta CeDeFi to qualify for a two-month airdrop before its $500 million eligibility cut-off is breached.

SPONSORED POST

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As Bitcoin enters its fully programmable era, layer 2 solutions are paving the way for countless new use cases for the world’s most secure, decentralized, and widely adopted cryptocurrency. Builders are writing the next chapter for Bitcoin with Stacks, the leading Bitcoin Layer 2. While exchanges such as ALEX, Bitflow, and Velar provide decentralized ways to swap tokens and trade assets, other protocols like Zest and Hermetica bring lending, borrowing, and stablecoins to Bitcoin. Stacks is currently anticipating its largest upgrade to date: the Nakamoto Release, which is introducing Fast Blocks and Bitcoin Finality to Stacks.

Check out the top 8 DeFi apps on Stacks and learn how you can take advantage of these new use cases on Bitcoin.

👀 Investors Look to Blackrock’s Next Target: Real World Assets

Top real-world asset protocols are rallying after the SEC’s spot Ether ETF approval. ONDO is up 34% in the past week, while TRAC is up 12%, and TRU gained 30%.

📈 Analysts Predict ETH Price Will Shoot to at Least $6,000 Following ETF Approval

Analysts are tipping that ETH will soon break into new all-time highs after Ether ETF applicants’ 19b-4 filings were approved by regulators. MN Trading’s Michael Van de Poppe predicts ETH will trade between $5,500 and $6,500 in the coming months, while Standard Chartered anticipates $8,000 Ether by 2025.

🌍 ELSEWHERE

  • Trump Pledges to Free Silk Road Creator Ross Ulbricht If Re-Elected (CoinDesk)
  • Ethereum Layer 2 Taiko goes live on mainnet (The Block)
  • Base Memecoin Normie Loses $40 Million in Market Cap After Exploit (Unchained)

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