Daily Alpha and Summary. August 7, 2024

DeFi

Ethena expands to Solana, users can now buy and sell USDe on Solana

Pacmoon migrates to Solana

🚨You saw it first here

Early access leak to Obol staking contributions. Stakely and Stakewise vaults and are you ready for Obol DV staking

https://obol.org/contributions

Vitalik updated the zorch library to enable it to handle more complex cryptographic schemes like Poseidon, allowing STARK proofs to run on smaller machines. Users can now write high-performance STARK proof code in Python that runs on GPUs, improving efficiency.

Open-source block explorer— Blockscout, for EVM chains, raised $3M seed round led by 1kx

Binance lists Ton

Hashkey Cloud is in the process of onboarding onto Metis Decentralized Sequencers network and will become first external decentralized sequencer client to go live

Binance invests in Solayer

Arb Orbit chains can now use USDC as gas token

Solana Depin protocol— Dawn built by Andrena, raises $18M led by dragonfly

Consumer L2 built on Movement stack, Lync raises 1.5M Pre-Seed

Wintermute holds Neiro

Grayscale launches a new SUI fund

State of the market

Democrats launch Crypto for Harris campaign to rival Donald Trump

Court reduced the SEC's $2B demand to $125M, ordering Ripple to pay to settle all cases

US Judge orders FTX and Alameda to pay $12.7B to FTX CREDITORS

Brazil Regulators approve launch of the world’s first spot SOL ETF

Kamala Harris flips Trump on US Presidential election odds