Defi
Polyhedra to change ticker to zkj amid zksync zk ticker clash
ENS proposes ENSv2 to transition to an ETH zk L2 using zk stack from Matter Labs
Forma mainnet is live. It’s a sovereign network for on-chain creators built by Astria and Celestia underneath
Galxe to launch new L1 Gravity built on Arbitrum Nitro, aimed at streamlining cross-chain interactions. Alpha mainnet to go live on June ‘24 and public mainnet Q2 ‘25
Dydx to release v5.0 software update on May 30. It’ll introduce new features like Isolated Markets & Isolated Margin, Protocol-enshrined LP Vault, Slinky and Raydium Integrations etc
SIMD-0096 proposal passes; 100% priority fees will now be allocated to Solana validators, ending the 50/50 burn/reward split.
Taiko goes live on mainnet
Pudgy Penguin to release mobile game in 2025 on Mythos Chain
Uniswap postpones fee switch
PYUSD live on SOL
CoinflowLabs , payment solution for web3 companies raises $2.25M
Strax a new touchscreen device by Ledger is now shipping to pre-order customers
Dune announce Dune Catalyst, for streamlined blockchain integrations. It’ll empowers Evm chains to independently bring their data onto Dune via a templated API, and all other chains in the near future; Degen and Mode are among the first projects to benefit from Dune Catalyst.
Maple Finance announces syrupfi ,a new protocol allowing users to lend USDC to institutions.
Camelot will receive 1.545M ARB tokens to distribute as liquidity incentives, first distribution to go live mid-June & will last for 3 months.
Aptos integrates Chainlink Data Feeds and CCIP, and joins the Chainlink SCALE program.
CPOOL launch T-Pool for USDX on Flare chain, it’ll be the first stablecoin on Flare. Stake USDX for yield and extra FLR rewards
Stripchain, execution for hyper-interoperable applications raise $10M led by Sora Ventures
Offchain txns will be verifiable using zkps thanks to Risc Zero
L0 is live on Solana
Proposal to cap EOS supply at 2.1 billion approved
Dusk FDN announce partnership with BwreCapital. They’ll use Dusk to tokenize and issue RWAs, starting with 3.5M EUR worth of bonds on June 3
BTC DA layer, Nubit announce Nubit Alpha Testnet & Incentivized Campaign
Gemini Earn users have received $2.18B of their digital assets back in-kind
IoTeX cofounder says 90% of IoTeX V2 is complete
BTC staking protocol Babylon raises $70M led by Paradigm
Tether buys $150M worth of Bitdeer shares. Bitdeer will use it to fund its data center expansion and ASIC-based mining rig development
BTC staking protocol Babylon raises $70M led by Paradigm
Japanese crypto exchange DMM Bitcoin suffered a 4.5K BTC hack ($305M)
Iggy shills $Mother
State of the Market
MT GOX moves 42.8K $BTC (~$2.9B) to a new address for the first time in 5 years
Former FTX exec, Ryan Salame to be sentenced for 7.5yrs in prison
Elon musk denies report of him discussing crypto with Trump
Do Kwon to settle fraud case with Sec
Joe Biden vetoes bill to overturn SEC bulletin— SAB 121, establishing accounting standards for firms that custody crypto.
