Daily Alpha and Summary. 14, April, 2024
Defi
Deutsche Bank join forces with Monetary Authority of Singapore’s Project Guardian to help test asset tokenization implementation.
Sonne Finance exploited for $20M. The team is ready to offer a bounty to the attacker in exchange for return.
Defi lender, Liquity new upgrade will include an overcollateralized stablecoin, BOLD will co-exist with their LUSD, that’ll make use of ETH LSTs as backing assets and allows user-set interest rates for loans
Polymarket raised $45M series B round led by Peter Thiel's Founders Fund with participants including Vitalik, DragonFly etc
Hylé raises $2.6 million in funding round led by Framework Ventures. It’ll specialize in zkp verification
Polkdadot has released Asynchronous Backing, which sets stage to Dot 2.0 that’ll improve scalability. Asynchronous Backing reduces block time from 12 to 6 secs enabling parallel txn validation block production, and delivers up to 10x higher tps for Polkadot's parachain consensus protocol
LayerZero Sybil hunting begins on May 18th, 02:00 UTC. A successful hunt will give the hunter 10% of Sybil’s intending $L0 allocation
Zeta Markets raised $5M in new funding round led by Electric Capital.
Lens Protocol is building its own chain— Lens Network , a validium on Matter Labs zk Stack, powered by zksync
Lido Co-founders and Paradigm are secretly backing Eigen competitor, Symbotic, built by Stakemind team
Initia’s Public Testnet is live.
Big if true
Literally state of the Market
State of memes
State of ze marketttz
State of the Market
Paxos adds “CryptoDad” Giancarlo to serve on its board of directors. Giancarlo was chair of the CFTC from March 2017 to April 2019
Tornado Cash dev, Alexey Pertsev, is found guilty of money laundering by a Dutch court and sentenced to 64months in prison.
State of Wisconsin Investment Board buys $99M worth of BlackRock Spot Bitcoin ETF
