Daily Alpha and Summary. August 15, 2024
Defi
Arbitrum DAO approves Arbitrum staking— stARB, focused on increasing Arb utility. ARB holders can now stake and delegate their tokens in exchange for a liquid staked token: stARB
Makerdao disables using wBTC for collateral. This comes after Bitgo, the custodian and developer of WBTC, partnered with BiT Global, associated with Tron founder Justin Sun, to shift wBTC custody from the U.S. to multiple jurisdictions, including Hong Kong and Singapore.
Chainlink Data Streams and Chainlink VRF, products have gone live on Base
Uniswap announce $2.35M auditing competition prize pool for their upcoming v4 launch, making it the largest prize pool in defi history
Initially created on Solana, OKX brings Blinks to EVM chains in collaboration with Dialect making it possible to embed URLs on webpages using a URL
Rebar unveils product to protect BTC users against MEV attack. Rebar shield will use a private mempool to send transactions to participating mining pools, preventing malicious MEV attacks like front-running and sniping.
NEBRA is launching Universal Proof Aggregation, a technique that allows multiple, separate zkps to be combined into a single, compact proof to save on blockchain verification costs.
State of the Market
Binance has completed registration with India's Financial Intelligence Unit (FIU-IND), following a $2.2M fine for unauthorized operations. Making its website and app fully accessible to users in India.
Vitalik donates Animal Coins$530k received over the past year to charity— Effective Altruism Funds Animal Welfare Fund)
