Daily Alpha and Summary. July 17, 2024

Defi

Grayscale launches Decentralized AI Fund consisting of $Near, $Rndr, $FIL, $LPT, TAO 0.00%↑

Blast now an L1, formerly an L2

IoTeX launches IoTeX 2.0 to democratize access to DePIN by partnering with NEAR, Filecoin, RISC Zero, Espresso. 2.0 will feature DePIN Infrastructure Modules (DIMs) and Modularity Security Pool (MSP) to cut development costs and support sustainable growth for DePIN projects

Pontem Network snapshot has been taken and will launch token $LSD on 30th, 0.7% of total supply for airdrop and remaining unlocked in 18 months.

Aethir Foundation is announcing a $50 Million Community Bonus Rewards program that’ll Checker License Holders and AI Staking Pool

OP retro funding 4 results

Avail announces Avail foundation to provide grants, and boost Avail community education/research

State of the Market

Biden tastes positive for COVID

Asset Manager with $4T AUM, State Street explores creating stablecoin

Scope of ETH ETF launching next week

Vitalik’s advise on Crypto-politics