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πŸ¦ŽπŸš€ How much longer can you farm on Blast? πŸ§‘‍🌾

Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox!

The grass looks a little greener today, Geckos!
   

With $303M worth of ETF inflows today, is Bitcoin ready to move once more?

  

In today's news:
 

  • Time to blast off! πŸš€

  • MEV exploiters beware πŸ€–

 

Read on!

24h Hot Searches Worldwide πŸ”₯

  • GameGPT          (+23.8%)

  • NORMIE             (+30.1%)

  • Apu Apustaja    (-15.5%)

  • Brett                   (+37.2%)

  • Dione                  (+10.3%)

  • OctaSpace         (+17.1%)

  • MANEKI             (+30.9%)

Is FDV a Meme? Low vs High Float Crypto

 

Low float crypto account for 21.3% of the top 300 large cap crypto, while only 24.7% are fully diluted.

 
Notably, 14 out of the 74 fully diluted large cap crypto are memecoins, mostly launched this year or last year.

Time to blast off! πŸš€

 

The launch date of the Blast airdrop is finally confirmed!

 
According to Blast's latest announcement, the native token of the popular Layer-2 network will be going live on June 26th, much later than the community had anticipated.
 
The team even took note of this and apologised, stating that the launch date was 'past our initial estimate of May and we're sorry for the delay,'

 
As such, the team has decided to increase airdrop allocations to account for the delay.

 
Additionally, there will be two final distributions of Blast Gold points before the token's official launch.
 
Half of the upcoming airdrop will be distributed to developers in the form of Blast Gold, while the remainder will be split between early users who bridged onto the network since November last year.
 
While tokenomics for BLAST have not yet been revealed, the token is currently trading around $3.80 on the Aevo pre-launch markets.

 
Editor's Take:
With an official launch date now in the cards, we should see increased inflows back to Blast to farm points at the last minute. Conversely, we might also witness the start of outflows from users who may be content with the points they have accumulated so far, before the real wave of outflows begins once the token drops.

 

Have you wondered why Bitcoin is worth anything, or have heard the question from friends and family? Share this video with them if you find it helpful!

MEV exploiters beware πŸ€–

 

No, not MEV operators, but these are the people who exploited other MEV bots.

Crypto bros Anton and James Prepaire Bueno have been arrested for stealing $25M on Ethereum in April last year.

The duo abused an MEV exploit that allowed them to steal $25M in 12 seconds by performing sandwich attacks MEV bots.

According to the US Department of Justice, the brothers were able to target other MEV bots by exploiting a vulnerability in the MEV-Boost relay code, allowing them to re-order transactions to their benefit.

Despite the circumstances surrounding the case, some members of the community have argued that this is no different than regular MEV exploitation suffered by crypto users on a regular basis.

   

Market Impact Analysis: How did FIFA 2022 Impact Football Fan Tokens?

 
Our partner, Blockchain Research Lab unpacks their latest peer-reviewed academic research on the impact of World Cup matches on football fan tokens.

   

In today's guide, learn how to build a Farcaster Frame using CoinGecko API's trending pools data – code snippets included!

In Other News...

 

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