Daily Alpha and Summary. October 15, 2024

DeFi

Predicate announce $7M raise led by 1kx, they’re transforming how crypto dapps manage transaction prerequisites, seamlessly bridging the gap between decentralized principles and global regulations. At the core, the Predicate function, evaluates conditions and returns true or false, deciding whether an onchain action can proceed

Kraken integrates With EigenLayer to enable clients to Restake Assets

zkp layer, Cysic is providing compute power to Scroll to improve zkp generation efficiency using their hardware and software combination

Blockstream secures $210M to drive L2 growth and expand its bitcoin treasury.

Sonic labs, prev FTM lite paper goes live, covers tokenomics, airdrop, incentives etc

Felix protocol emerges from stealth to unveil $feUSD Hyperliquid native stablecoin

State of the Market

After two year hiatus Telsa moves $225M $BTC to a new address

Canary files for litecoin ETF