ALPHA V23
Defi
29 projects out of 97 qualified for Arb STIP grants program rewarding 49.6M Arb to all qualifier
Frax launched sfrax. Users can stake sfrax and earn T-bill yields. Almost 5% of Frax supply staked sfrax in less than 24 hours
Linus, a Bitcoin dev proposes a way to bring offchain smart contracts to Bitcoin which will allow sidechains, rollups etc to be built on Bitcoin and don’t need a soft fork for this to happen. BitVM whitepaper.
A new liquid Restaking protocol building on Eigen
Scroll mainnet soon. Although seems it’s live, but no official announcement yet
Dex on starknet, ANVU hits $500M cumulative trading volume in 4 months
ETH foundation sells 1.7k ETH (2.76M $USDC) at Price 1.611k
Rekt Token Launch endorsed by Arthur Hayes and co
Whale arbitrage strategy with ETH/stETH
35 promising Gud defi projects. Most are Early
Polygon proposal to create ApeCoin L2 app chain using Polygon zk CDK infra
Dogechain will be launching on Polygon’s zk CDK as a zkEVM L2
Non-custodial liquidity market place on polygon zkEVM
Instadapp unleashes Fluid: a lending protocol, a vault and dex protocol launching mid- January.
Reserve protocol lands on Base
Llama built google chrome extension for safe custom search
A vulnerability was detected on GammaSwap, however, they decided to freeze the contracts and enter withdrawal mode only. All user loan positions are closed and collateral is able to be redeemed. And no funds are currently at risk.
You can now 2FA your account on friendtech
Tomochain announces investment from DWF Labs
Ordinal Bot $1M seed round
Neutral exchange announces $3.2M funding
Galaxay led with participation: Uniswap, Robot Venture and CMT digital $4M seed round investment in Parsec finance, an onchain analytic platform
Burnt (XION), a layer 1 meant for consumer adoption. Announces strategic investment from Coinbase
Omnichain rollup receives investment from Binance
Gamefi- NexGami $2M seed
NFT
CrypToadz sells for 1.055k ETH. Floor price 0.5ETH
Woodo receives $3M investment from VBT Yazilim. Woodo is an open source platform solution offering wide range solutions for NFTs and metaverse in gaming eco
Yugalabs invests in Hadean, an AI computing that bridges physical and virtual world
Blur Season 2 is back in Nov 20
Arca proposal to impose a 1% market fee to use to buy back/ burn
State of the Market
Ripple CFO leaves
Copytrading live on Binance
US banks begging for bailout. More money printing
Live tweets from Caroline Ellison court testimony. Many shocking things innit. They was gonna fud Binance, lent a lot Alameda using customers funds, sent fake Balance sheets to Genesis.
Sec will not appeal court decision on Grayscale BTC ETF
Ferrari started accepting crypto payments for its cars in US
New Tether CEO. Will occupy seat in December