Daily Alpha and Summary. 8, May, 2024
Defi
Sophon, zkSync hyperchain, has raised $60M via node sale. Investors included Maven 11, Paper Ventures, Spartan Group and SevenX Ventures
Crypto trading firm Arbelos Markets, founded by Joshua Lim and Shiliang Tang, $28M led by Dragonfly Capital
Omni foundation launched Omni Octane an open-source EVM framework optimized for high performance which can be used to build customized blockchain infrastructure
Telos accepts $1M from Asia VC, Presto Labs, to develop a new SNARKtor-powered ETH L2 zkEVM network
Injective will launch its L3 using Arbitrum Orbit toolkit
First dex on Xlayer, Okx zkL2
Polygon Miden Alpha testnet is live
Asia-Centered Venture Studio BlockBooster raises $1.5M led by OKX ventures
Ethernity is switching from an ETH NFT marketplace to an ETH L2 solution designed specifically for entertainment brands, using OP stack
Phaver $Social airdrop, requirements— A Lens profile, Farcaster profile and at least one Cred item connected on Phaver.
zk coprocessor, Lagrange Raises $13M led by FoundersFund. They’re the first zk AVS on EigenLayer
State of the Market
Trump is pro crypto
Trump says he'll accept crypto for campaign donations
VanEck has started a meme coin index, which constituents of $Doge, $Shib, $Pepe, $Floki, $wif, and $BONK.
