Daily Alpha and Summary. 29, May, 2024
Defi
DWF labs @ag_dwf says they’re in talks with meme coins to deploy huge funds to grow faster
Pyusd live on SOL
L0 daily messaging hit lowest in a year
GME pump sends Floki, Doge, wif and solid memes in general
CoinflowLabs , payment solution for web3 companies raises $2.25M
Strax a new touchscreen device by Ledger is now shipping to pre-order customers
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
Polygon co-founder Sandeep Nailwal will expand role to chief business officer
Dune announces 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.
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 @AstriaOrg and Celestia underneath
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.
Rapper, Iggy Azalea shills Mother
Stripchain, execution for hyper-interoperable applications raise $10M led by Sora Ventures
State of the Market
Former FTX exec, Ryan Salame to be sentenced for 7.5yrs in prison