Daily Alpha and Summary. October 29-30, 2024
DeFi
Fault proofs are now live on Base mainnet
Vitalik praises the performance breakthrough of Polygon zkp Plonky3
In partnership with OpenEden labs, Solayer unveil their RWA-backed synthetic stablecoin— Solayer USD $sUSD
Termina, SVM network deployment platform by Nitro Labs, raised a $4M seed funding round, led by Lemniscap
Nillion blind compute data protocol raise $50M total funding led by Hack VC
Swell is migrating to Optimism
Fluid dex goes live, using debt to provide liquidity, get paid to borrow/LP
What to expect from TIA OTC
FDUSD expands to Solana
State of the Market
Microsoft shareholders begin to vote on whether to invest into Bitcoin
MicroStrategy announces $42B plan to acquire more BTC through debt and equity offerings
Canadian public company Sol strategies sells Bitcoin for $1.71M to buy 12.3k $SOL, to increase its Solana holdings to $23.51M.
Bull is here $1B minted at Tether
BlackRock’s spot Bitcoin ETF experiences record-breaking net inflows of $872 million, exceeding its previous high from March.
Canary Capital files for SOL ETF
Reddit states it’s sold most of its Crypto before October pump
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001713445/000171344524000102/rddt-20240930.htm
MrBeast is under investigation for alleged crypto insider trading, with profits reaching $23M.
https://www.loock.io/blog/mrbeast-investigation
Vitalik donate 100 ETH to Ukrainian humanitarian NGO
Visa and Coinbase team up to allow instant crypto purchases using debit cards.
Florida’s Chief Financial Officer, Jimmy Patronis, is advocating for the state board administration to add Bitcoin to the state pension funds.
