Daily Alpha and Summary. November 12, 2024
DeFi
Ethereum Layer 2 Lisk launches mainnet and announces airdrop plans
Leak of developer access on Unichain led to a surge in memecoins. Developers have now cut off access, leaving users stuck.
Privacy L2, COTI launched cross chain privacy protocol powered by Axelar
ETH researcher Justin Drake proposes beam chain to replace Beacon chain. Beam chain will be a consensus layer with zkp
SSV DAO partners with security firm, Sigma Prime to launch a second validator client
Decentralized AI Eidon raises $3.5M seed round led by Framework ventures
Zerion's Zero network L2 goes live, it’s a gasless L2 with an alternative anti-spam mechanism that lets users transact for free.
Worldcoin ID verification is now in Brazil
Animoca Brands raises additional $10M to build out Mocaverse
Canary Capital files for Hedera HBAR spot ETF with SEC
Huma Finance expands to Solana in bid to expand trade financing solution
PayPal integrates LayerZero to enable PYUSD transfers between Ethereum and Solana
State of the market
The Digital Chamber urges US lawmakers to pass stablecoin legislation immediately