Daily Alpha and Summary. May 3, 2024

Defi

Zilliqa to release the V9.3.4 network upgrade on May 20

JamboTechnology announce strategic partnerships with Injective and Galxe.

AnimocaVentures plans a $10M fund with ApeCoin with AIP proposal announcement

Pantera Capital invests in TON with initiative to access Telegram masses

Paragraph raises $5M from Union Square Ventures and Coinbase Ventures. They also acquired Mirror blogging platform

Coinbase generated $1.6B in revenue in Q1

zkasino team member arrested in Netherland and $12M in assets seized

RWA protocol Untangled Finance backed by Fasanara Capital opened its first private credit pool on the Celo with French fintech lender Karmen

Lukso, an EVM chain designed for the new creative economy $1M grant to cultivate a vibrant ecosystem of user-centric, social and creative projects built on Lukso

Starting May 1, their Sunrise Upgrade Program backed by up to 4M GRT ($1.2M USD), will reward community-driven missions that promote data democratization through on-chain and off-chain activities.

Build on Bitcoin, BOB, a BTC-EVM L2 launches mainnet

Alpha

Eclipse FND, an SVM protocol, says first to break the EVM-SVM compatibility barrier with the deployment of Neon Stack

Polyhedra break zkp record speed record with launch open-source ZK proof system, Expander, that’ll generate proofs nearly 2x faster than other alternatives while enhancing security and efficiency

Tether teams up with blockchain company Chainalysis to monitor txns with its tokens on secondary markets

Friend airdrop debuts at $12 but tanks to $2.5 in 30 minutes ahead of V2 rollout

EigenLayer to 100 more EIGEN to token holders

State of the Market

Jack Dorsey’s Block will invest 10% of its BTC profit to DCA BTC every month

Europe bidding

Drama