Daily Alpha and Summary. 24, June, 2024

Defi

New USDT will cease to be minted on Algorand and EOS though USDT redemptions on EOS and Algorand will continue for the next 12 months

Light protocol and Helius introduce zk compression to scale Solana dapps

Deutsche Bank backed- Taurus joins Franklin Templeton, WisdomTree and Circle in using Stellar for RWA

Metis will become the first L2 to share ownership and control of their infra as they open voting for their first round of external decentralized sequencer nodes, open till June 28

Very Gud yielding

Pudgy Penguins and OverpassIP have established a parent company named Igloo Inc

State of the Market

Tokyo listed Metaplanet to buy $6.26 million BTC using the capital raised through an upcoming round of bond issuance

Jump CEO, Kanav Kariya resigns amid CFTC probes