Daily Alpha and Summary. August 28, 2024

Defi

Matchain, L2 AI chain on BNB Chain using Op stack

Lombard private beta extended to Tuesday, Lombard’s LBTC is a cross-chain, yield-bearing Bitcoin token, users can stake Bitcoin through Babylon and utilize it across various DeFi protocols. The private Beta has attracted $165M deposits.

Proof of play, company behind a16z backed Pirate Nation is launching Boss chain built on Arbitrum Orbit on 29, Aug, today.

PudyPenguins backed Abstract introduces Abstract Global Wallet, making it easier for web2 users to onboard web3

State of the Market

OpenSea receives Wells Fargo notice from the SEC, they see NFTs as a security.

Zksync Delegation transactions are free until September 30, 2024, thanks to their native account abstraction. ZK token holders with at least 50 tokens are eligible to delegate or re-delegate their tokens for free

Fluidkey’s privacy-preserving tool is officially open to public

RISC Zero is now fully open source