Daily Alpha and Summary. April 26, 2024

Defi

Offchain labs, dev behind Arb, alerted Optimism on a security flaw on its testnet which would’ve allowed bad actors to manipulate the chain's history and execute attacks

Yuga labs lays off staff to restructure and to build as a smol team

Lava launching token soon, a modular network building solution for chains to bootstrap reliable RPC/API infra

opendelta BTC stable coin protocol using BTC to hedge $USDO raises $2.15M in pre-seed round led by by 6th Man Ventures

Entangle omnichain goes live on mainnet

hinkal protocol raised $1.4M at a $70M val, led by SALT Fund