💧 Top Funding Rounds in the Last 7 Days
👉 https://dropstab.com/insights/latest-fundraising-rounds
Coinbase is partnering with Stripe to enable USDC transfers on the Base Network.
https://x.com/coinbase/status/1806425092513210492
Bolivia officially legalizes crypto payments for banks
Bolivia has lifted its ban on bitcoin and other cryptocurrencies, allowing banks to conduct transactions with digital assets.
Cryptocurrencies are still not considered legal tender, though, meaning businesses are not authorized to accept them as payment.
The Central Bank will educate the public on the risks of cryptocurrencies as part of its Economic and Financial Education Plan.
https://www.cryptopolitan.com/bolivia-legalizes-crypto-payments-for-bank/
The ZERϴ Network Testnet is live powered by zkSync.
https://x.com/zerion/status/1806364590340468743
Manta Network’s wUSDM via Mountain Protocol Backed by BlackRock’s BUIDL Fund
https://mantanetwork.medium.com/manta-networks-wusdm-via-mountain-protocol-backed-by-blackrock-s-buidl-fund-71d6a38085ca
VanEck just filed for a Solana ETF
https://x.com/ericbalchunas/status/1806318454653227029
State Street Global Advisors and Galaxy Asset Management said they are working together to build crypto products that offer exposure to crypto companies as well as spot and futures-based exchange-traded funds (ETFs).
State Street Global Advisors, a unit of financial services giant State Street (STT), filed an application with the U.S. Securities and Exchange Commission (SEC) to register a crypto-based fund called the SSGA Active Trust.
Galaxy will be responsible for the day-to-day management of the fund’s investments, according to the filing.
https://www.coindesk.com/business/2024/06/27/state-street-galaxy-digital-to-develop-active-crypto-trading-products/
TeleportDAO (TST) trading has started on KuCoin.
TST is now trading at ~$0.08 (~1x from the CoinList sale price: $0.075).
FDV: $80M
https://www.kucoin.com/trade/TST-USDT
A miner wallet woke up after being dormant for 14 years and deposited 50 BTC ($3.05M) to Binance.
https://x.com/lookonchain/status/1806155380172722295
US regulators could approve spot ether ETFs for launch by July 4, sources say
https://www.reuters.com/technology/us-regulators-could-approve-spot-ether-etfs-launch-by-july-4-sources-say-2024-06-26/
Immutable announced a partnership with MARBLEX, Netmarble's dedicated blockchain gaming platform.
This collaboration will see the migration of MARBLEX along with several other Mega IP titles, to the Immutable zkEVM chain, powered by Polygon.
Immutable and MARBLEX have also launched a $20m developer support program.
https://www.prnewswire.com/news-releases/industry-giant-marblex-chooses-immutable-to-create-home-of-web3-gaming-in-south-korea-302182073.html
XION launches Chain Abstraction to Neutron via Abstract.
https://fixupx.com/burnt_xion/status/1805995546848514394
Blast (BLAST) trading has started on Gate.io, Bybit, KuCoin, Bitget, HTX, MEXC.
BLAST is now trading at $0.018
FDV: $1.8B
https://www.bybit.com/en/trade/spot/BLAST/USDT
Blast claim is live
Trading: today at 15:00 UTC
Claim: https://airdrop.blast.io/
https://x.com/blast_l2/status/1805964805414830506
AEVO has updated its tokenomics
Given the current rate of protocol revenues, AEVO will commit to at least 1m AEVO of buybacks every month from July to December.
https://aevo.mirror.xyz/sf8XAgRzl1cQ-GD6ZFwIryLDu22ndkl60w2wVDnxjcc
Kraken founder Jesse Powell donated $1M (mostly ETH) to Donald Trump.
https://x.com/jespow/status/1806569144294556146
Biden's campaign staff has hired a member of Coinbase's advisory board as a senior election adviser
https://thehill.com/business/4743521-coinbase-adviser-bottoms-biden-campaign/
🚀 MegaETH has raised $20 million in a seed round led by Dragonfly Capital, with participation from Figment Capital, Folius Ventures, Robot Ventures, Tangent.
Angel investors include Vitalik Buterin, Sreeram Kannan, Cobie, Hasu and Joseph Lubin, ConsenSys founder, among others.
💧 https://dropstab.com/coins/megaeth
The crypto market is neutral
BTC Dominance - 52.53%
Market Cap - $2.32T
BTC - $61,781.99 (+1.19%)
ETH - $3,458.38 (+2.21%)
BNB - $582.7 (+1.45%)
ZRO - $2.58 (+2.75%)
ZK - $0.1588 (+2.76%)
STRK - $0.713 (+2.35%)
W - $0.3499 (+5.48%)
https://dropstab.com
The U.S. Supreme Court ruled to strip the U.S. Securities and Exchange Commission (SEC) of one of its key enforcement processes, deciding in a 6-3 vote that the federal agency’s use of in-house judges is a violation of the constitutional right to a jury trial.
https://www.coindesk.com/policy/2024/06/27/us-supreme-court-says-no-more-in-house-tribunals-for-the-sec-other-federal-regulators/
Coinbase sues SEC, FDIC over FOIA requests, says federal regulators trying to cut out crypto
https://www.theblock.co/post/302145/coinbase-sues-sec-fdic-over-foia-requests-says-federal-regulators-trying-to-cut-out-crypto
💧 Top 10 Blockchains Launched in 2024 by FDV
👉 https://dropstab.com/tab/blockchains-launched-h1-2024-v22rqnp9kh
DeFiance founder Arthur_0x: Wow BLAST is only trading at $2b FDV, given how the previous L2 been trading at launch I would have expected $5b FDV at least. The days of highly anticipated infra projects trading at > $20b FDV at launch are probably over.
https://x.com/Arthur_0x/status/1805985187177906625
Ocean (OCEAN) and Fetch.ai (FET) have announced a merger to form the Artificial Superintelligence Alliance (ASI). Coinbase will not execute the migration of these assets on behalf of users.
Timeline:
Phase 1: OCEAN migrates into FET on July 1, 2024
Phase 2: ASI will launch and FET will merge into ASI in mid-to-late July 2024
https://x.com/coinbaseassets/status/1806058199948140855
The US government wallets deposited 3,940 BTC ($241.22M) into Coinbase Prime.
https://x.com/lookonchain/status/1806012409372614905
The crypto market is down
BTC Dominance - 52.76%
Market Cap - $2.28T
BTC - $60,949.99 (-1.77%)
ETH - $3,377.27 (-0.81%)
BNB - $572.5 (-1.51%)
ZK - $0.1565 (-8.05%)
ZRO - $2.52 (-9.14%)
STRK - $0.705 (-2.58%)
W - $0.333 (-5.51%)
https://dropstab.com
Animoca Brands is considering a public listing in Hong Kong or the Middle East as early as next year.
https://www.theinformation.com/articles/animoca-brands-looks-to-crypto-friendly-markets-for-potential-2025-listing
MultiversX introduced its technical roadmap
https://x.com/MultiversX/status/1805949200376471796
Starknet has introduced its updated roadmap
https://x.com/Starknet/status/1805855206393233752
🚀 Recent Linea Ecosystem Funding Rounds
👉 https://referrals.linea.build/?refCode=lOAF9OA34p