DeFi
Data layer for Farcaster Snapchain went live on mainnet coinciding with their Airdrop Offers program rewarding active users
Cosmos Interchain Foundation announced funding for open-sourcing evmOS, renaming it Cosmos EVM- will get a native EVM framework
Coinbase launched Verified Pools, exclusive liquidity pools for verified users onchain on Coinbase wallet built on Uniswap v4, available in the U.S., Singapore, Netherlands, British Virgin Islands, Cayman Islands, and Channel Islands
Aave v3 is live on Celo
Uniswap governance vote and approved two proposals aimed at boosting development of Unichain and Uniswap v4 protocols through grant programs via a $165.5M UNI funding laying the groundwork for fee switch
TON Foundation secured $400M+ in TON sale from VCs Sequoia Capital, Ribbit, Benchmark, and Kingsway
Web3 storage infra Walrus raised $140M led by Standard Crypto
Stablecoin protocol, Levelusd announce raise $6M led by Dragon Fly and Polychain
SaaS wallet, payments and tokenization provider Crossmint, used by 40,000 web3 companies and devs, raised $23.6M funding round led by Ribbit Capital
Crypto casino, Yeet announced $7.75M raise led by Dragon Fly
Perena will be activating Pre-Season Petals Program as they prepare for Petals Season 1 launch
Cronos gov proposal to reissue 70 billion CRO, previously burned in 2021 was approved, with votes from Crypto[.]com validators playing a major role
EOS rebrands to Vaulta as it pivots to web3 banking
Offchain Labs launched Onchain Labs an initiative in partnership with the Arbitrum Foundation, to support early-stage developers in creating dapps on Arbitrum
Ethena and Securitize partner to launch TradFi Evm L1 Converge, ENA will power staking, USDe and USDtb used for gas, and Securitize will issue tokenized assets on Converge. Dev testnet to go live soon
Yzi labs formerly Binance labs invested in PLUME
State of the Market
Canary Capital files for spot SUI ETF and Pengu ETF
