Daily Alpha and Summary. 25, July, 2024
Defi
Innovation in the Bitcoin ecosystem as for the first time ever a zk proof is verified on Bitcoin mainnet by BitcoinOS. Verification confirmed on block 853626
“Bitcoin Wall streets” Roxom raises $4.3M in pre-seed led by Timdraper from Draper Associates. You’ll be able to trade stocks, commodities, financial assets and view global markets in Bitcoin terms and trade them with your Bitcoin
Starkware plans to integrate Cosmos IBC on Starknet in collaboration with Informal Systems
Aave founder Marc Zeller considers activating fee switch to reward net excess rev to key users and buying back token from open market
Farcaster now supports Polygon POS transactions
GovNFTs live on Optimism via Velodrome allowing grant recipients with locked OP to participate in governance at Optimism
CoreDAO introduces dual staking model, where both $BTC and $CORE can be staked for more rewards
Jito Sol announces restaking Jito Restaking
Bitcoin miner, MARA has purchased $100M worth of BTC and aims to adopt a full hodl policy. This recent purchase brings their total Bitcoin holdings to over 20k BTC
Drift to launch prediction marketplace on Solana
Renzo proposed to allocate 5% of total supply to ezPoints recipients and emissions for 5 months
In collaboration with Tonkeeper which launched the W5 smart wallet standard, users are no longer required to hold toncoin to facilitate payments on TON. This will be made possible using W5 Smart Wallet, users will be able to make transactions using USDT as payment for transaction fees while sending USDT and Notcoin as payment for gas fees when sending Notcoin
Solv has more BTC staked on it— 19k BTC, more than Vaneck, Franklin Tempton
Abstract consumer chain introduces itself
aPriori Liquid staking protocol on Monad raises $10M led by panteracapital
Pstake Bitcoin Liquid Staking built on Babylon chain will launch on 29 July 2024 with a 50 $BTC deposit cap
On-chain orderbook exchange on Monad, Kuru raised $2M in a seed funding led by Electric Capital
Liquid staking protocol on Monad, Kintsu raised 4M seed round, led by CastleIslandVC
Camelot will deploy on Apechain
State of the Market
Coinbase allegedly shutting down accounts of X users with opposing political tweets
Stay safe