Daily Alpha and Summary. May 2, 2024
Defi
Aleha Zero is launching its Pubilic Mainnet on May 21.
IDEX teased the launch of IDEX Testnet
Uniswap will allow users leverage Robinhood Connect to purchase coins with funds from their Robinhood accounts or a debit card, as well as via bank transfer
Chain to allow users trade Wine and Spirits using blockchain technology (an alcohol beverage trading), Baxus raise $5M seed round led by Multichain capital and Solana Ventures
Tether released its assurance opinion for the first quarter of 2024, with a net profit of $4.52B
MicroStrategy to launch BTC decentralized ID solution called MicroStrategy Orange, which will store and call users’ personal information, using UTXO on BTC
Aave labs unveils plans for Aave V4 roadmap with plans for improved support for $GHO, lower txn fees, etc
Blackrock leds $47M strategic funding round for Securitize, a tokenization firm
Minima, a DePIN project, is collaborating with OPP (Online Payment Platform) to let EV drivers rent out private chargers using tokens generated on Minima that represent kWh balances, access rights, or authentication details.
LayerZero takes first snapshot means more snapshots to come in future indicating airdrop szns
Binance invests in Movement labs
$NIM live on mainnet
Alchemy now supports zkSync
Etherfi is live on Base
State of the market
Spot BTC ETF records largest outflow ever with Tradfi boomers panic selling shown from data— Fidelity (FBTC) Daily BTC Flows: -188.9m