Daily Alpha and Summary. November 4, 2024
Defi
Swell to tge on Nov 7
Skate Chain now offers live betting on U.S. elections and other predictions via Polymarket on its Telegram mini-app, supporting TON and Polygon wallets
Base has launched Basename Frames, featuring a “Nominate Me” option that lets users be nominated for builder rewards on the platform.
OpenSea teases platform update in December
Vlayer data infra powered by zkps raise $10M led by a16z. Vlayer aims to enhance ETH with four new Solidity functions, enabling smart contracts to access on- and off-chain data via features like Time Travel, Teleport, Web Proofs (zkTLS), and email proofs (zkEmail).
Term Labs, devs of Term Finance, is launching Blue Sheets, offering institutional-grade, fixed-rate yields to DeFi users on Ethereum and Avalanche without requiring auction monitoring.
Bitget introduces Bitget Pay for instant zero-fee cross-border crypto transactions
Ton accelerator and Mantle are launching a $5M cross chain initiative dubbed Synergy to drive innovation across TON and Evm chains.
Arcium, a parallelized confidential computing network, has acquired Inpher, a privacy-focused computing company, to speed up development for its mainnet launch, with plans to open-source the acquired tech to democratize the technology across Web2 and Web3.
State of the Market
Deutsche Telekom’s subsidiary and Bankhaus Metzler are launching a Bitcoin mining project in Germany powered by surplus renewable energy
The Pakistani government plans to amend the State Bank of Pakistan Act to legalize digital currencies like crypto and enable the central bank to regulate both physical and digital assets
https://tribune.com.pk/story/2507061/govt-proposes-changes-to-sbp-act
a16z pledged $23M to Fairshake and its affiliated political action committees (PACs) for the 2026 U.S. midterm elections to back US pro-crypto candidates
Election Day today and Trump continues to lead over Kamala Harris on Polymarket; 57.7% / 42.3%
