Daily Alpha and Summary. 5, November, 2023.

Defi

Bitcoin core dev worries about ordinal/BRC making BTC slow and txn fees costly. However, it’s left to BTC miners to decide if to include ordinal txns or not and I think they’ll cos of free fees

Shadow which offers gasless smart contract logging, raises $9M Paradigm led seed investment

Intent based Symm raises $1.1M ahead of Q1 launch

PayPal to incentivize liquidity on Curve

Bringing IBC to ETH chooses Eigen as DA— Polymer

Omnichain Money Market, Curvance raises $3.6M seed

NFT

Thirdweb revealed a security flaw within its open-source library, impacting pre-built smart contracts related to various NFT collections.

State of the Market

Tradfi crypto fomo

Possible $500B Qatar BTC investment

Pando enters BTC ETF race

AEUR stablecoin pumped to $3 on Binance

Daily News