Daily Alpha and Summary. August 14, 2024
Defi
Pyth’s pull oracle will offer high-fidelity, real-time prices to TON blockchain
Rhinestone, an infrastructure provider for modular smart accounts, raised $5 million in a seed round led by 1KX to accelerate the ERC-7579 smart account and module ecosystem.
You can now deposit sUSDe to mint DYAD
Offchain labs launches Tandem, a studio to support blockchain teams with their resources
Proof-of-stake network— Xion, introduces XION Foundation, a nonprofit organization slated to guide Xion network
Cronos Labs launches Cronos ZkEVM on Alpha mainnet
Wormhole released its updated roadmap, introducing Era3 with UX/UI improvements, new products for streamlined development, and Wormhole Institutional to attract institutional players to the crypto ecosystem.
Solana restaking protocol, Solayer goes live on mainnet
Renzo has partnered with the Jito Foundation to enter the Solana liquid restaking space and plans to launch the ezSOL token on Jito next month.
Grass completes Snapshot at Epoch 7, airdrop to come afterward
Sahara AI raises $43M from Binance, Sequoia etc to democratize AI and make it accessible for all
Pumpdotfun blocks India from using its platform
HTX global launches sunpumpmeme for easy creation of memes and direct access to HTX listing if you can maintain a $10M vol for consecutive 3 days
Injective integrates with Ton to power INJ assets on Ton and Ton assets on Injective
TON ventures raise $40M to support early stage crypto projects on TON
Dydx new upgrade will allow users to create token markets without governance approval by depositing USDC into the MegaVault liquidity pool.
EigenLayer is adding permissionless token support on their protocol allowing any ERC20 token to be restake
State of the Market
MetaMask launch debit card in partnership with Mastercard
It’ll exclusively be on Linea