Alpha V47
Defi
OKX L2 utilizing Polygon zk CDK, X Layer hits mainnet
Arb on its way to become a Stage 2 Rollup with BOLD live on testnet. BOLD will enable permissionless validation on Arb chains, hence improving decentralization.
Mysten Labs partners with BytePlus, the VC tech arm of TikTok parent company ByteDance, for data and AI collaboration in Web3 games and socialFi on Sui. ByteHouse data warehouse will be used to boost performance and delivery for users.
Worldcoin launching its L2 this summer
Aavegotchi’s utility token went live on Base
Injective propose Inj 3.0 to make Injective token deflationary
Karak Network integrates Pendle to allow users restake PT's from @swellnetworkio @ether_fi @KelpDAO on Karak and earn Karak XP on top of their PT yield
Tether plans to launch multichain-multi asset tokenization platform
Hyperliquid airdropped $purr to point holders. Purr is Hyperliquid Memecoin.
Usual raise $7M led by IOSG Ventures and Kraken Ventures to disrupt Tether’s dominance and has received $75M TVL commitment to launch $USD0
AethirCloud introduced Aethir Edge, a hardware device powering decentralized edge computing. Through Aethir Edge, you join Aethir's network as a service provider
Backed by curve elites, Curve founder and mrblocktw, LambdaFinance raises $1.8M to launch btcUSD a permissionless stable coin backed by BTC
Optimism to allocate 10M OP for Retro Funding Round 4. Application opens on May 23rd and closes June 6th
Forma sovereign chain for onchain creators
Nibiru launch a $15M program (Nibiru Builder Grants Program) to offer financial incentives and funding to devs promoting adoption
Binance launch Binance Megadrop a mix of Binance Launchpool/Binance Earn, with added airdrop feature
Coinbase International to list WIF prep on 25th
NodleNetwork is launching on zkSync Era. The first launch initiative is deploying its new Click camera app as part of a Digital Trust Network to authenticate media content and fight misinformation with blockchain technology.
Matter Labs, devs behind zksync , hired Nana Murugesan as president. Formerly VP at Coinbase and Managing Director at Snap Inc
Keep an eye on this one. Memecoin incubated by Gameswift
Lido launched the Simple DVT Module for Ethereum staking, incorporating DVT from Obol and SSV Network. This initiative aims to diversify node operators by including solo and community stakers, increasing the number of node operators by 600%
Kraken launch web3 wallet
Zignaly announce ZIGChain L1 on Cosmos and a $100M eco development fund.
L1 Core Chain introduces non-custodial BTC staking. “For the first time, BTC can be a yield asset, w/o the need to leave existing BTC architecture.”
Scroll launch loyalty program, Scroll Marks. Get Marks by bridging assets to Scroll. Marks will be allocated to users who have deployed assets on Scroll since Oct 10th, 2023 (Genesis block day)
Contango Digital Assets reached the first close on their $10M seed fund with $5M in investments. The fund aims to advance crypto-AI convergence. Investors include XVentures, Quantstamp CEO, SingularityNet CFO and Polychain Capital, & Vanta DAO
Mantra has launched an $11M incubation program at the Dubai World Trade Center, in collaboration with Virtuzone, to support RWA projects
The program offers financial support, mentorship, and access to a global investor network.
Yuga Labs has offloaded IP for its games HV-MTL and Legends of the Mara as part of a refocusing effort.
Check $Avail eligibility
State of the Market
Hong Kong approves BTC and ETH ETF managed by China Asset Management, Harvest Global, Bosera and HashKey
Telegram CEO Pavel Durov says he's held a few $100M in his bank account or in BTC for 10 year
