Daily Alpha and Summary. August 1, 2024
Defi
Kujira leveraged their operational funds to pump their token and got liquidated dumping price by 40%
Injective launched Injective Altaris on mainnet
Ripple announced an allocation of $10M in tokenized US Treasury bills on the XRP Ledger
Convergence got hacked for $250k
OKX and Aptos have announced a $10M fund to drive the growth of the Aptos eco
Jupiter propose burning 30% of JUP supply from the Team allocation
Starknet discord got compromised and there’s onchain allegations of team selling token to CEX
Binance invests in particle. Chain abstraction L1
Defi protocol, Morpho labs secured $50M in investment led by Ribbit Capital
Speculate on Olympics with Cutlured RWA on Plume
Trustless points trading protocol offering price discovery to tokens— Pichi finance raises $2.5M led by Signum Capital
EURC goes live on Base
State of the Market
MicroStrategy looking to raise $2B to buy more Bitcoin
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