The Jito Foundation has released the code for Jito Restaking, a next-generation hybrid staking, restaking, and LRT module.
1. Vault Program manages the creation and operation of Liquid Restaking Tokens (LRTs), supports any/multiple SPL tokens as the underlying asset.
2. Restaking Program facilitates the creation and management of AVS’s and operators, coordinates the relationships between AVS’s, operators, and vaults
https://www.jito.network/blog/announcing-jito-restaking/
Michael Novogratz’s Galaxy Raises $113 Million for a New Crypto Venture Fund
The firm will continue to fund raise to meet $150 million target.
It will seek to build a portfolio of approximately 30 investments.
https://www.bloomberg.com/news/articles/2024-07-25/michael-novogratz-s-galaxy-raises-113-million-for-a-new-crypto-venture-fund
Proton, the Switzerland-based company, better known for its secure email, VPN and storage services, is now launching its crypto wallet Proton Wallet
https://techcrunch.com/2024/07/24/proton-releases-a-self-custody-bitcoin-wallet/
The prediction market platform Polymarket just crossed $1B in total value processed, making it the most successful crypto consumer app to date.
https://x.com/SchorLukas/status/1816190429551026541
The Layer3 Foundation has announced the eligibility checker for the initial distribution of the L3 protocol token.
The L3 distribution is allocated to community members based on:
▫️All historical + current activity
▫️CUBE credentials
▫️Level & quests completed
▫️Consistent participation, achievements & daily gm’s
▫️Bridge & swap volume
To qualify for the early user & S1 distribution, you needed at least 50 CUBE credentials by May 10, 2024.
To qualify for the S2 distribution, you needed to mint the soulbound Trident NFT by July 22nd, 2024.
https://layer3foundation.org/blog/allocation-checker-is-live
Mt. Gox creditors to start receiving bitcoin and bitcoin cash from Bitstamp on Thursday
https://x.com/Bitstamp/status/1816133303549800768
Caldera has raised $15 million in a Series A funding round.
Peter Thiel's Founders Fund led the round, with participation from Dragonfly, Sequoia Capital, Arkstream Capital, Lattice and others, Caldera said Wednesday.
The Series A round brings Caldera's total funding to $25 million, with the firm having previously raised $10 million last year.
Caldera is a rollup-as-a-service platform that helps developers quickly launch their own application-specific chains based on tech stacks such as Optimism's OP Stack, ZKsync's ZK Stack, Arbitrum Nitro and Polygon CDK.
Caldera says it has helped over 50 projects launch their rollups, including Manta Pacific, Injective, ApeChain, Plume Network, Kinto, RARI Chain and Zero Network by Zerion. These rollups collectively hold over $800 million in total value locked and have completed more than 59 million transactions across 1.7 million unique wallets, according to Caldera.
https://www.theblock.co/post/307187/peter-thiel-founders-fund-ethereum-caldera-funding
Unbound Fund has announced a new opportunity for individuals to acquire Portuguese/EU citizenship by indirectly holding bitcoin worth about $542,000 (€500,000)
The fund is said to be the first of its kind to be eligible for the Golden Visa, providing exposure to bitcoin.
https://news.bitcoin.com/unbound-fund-offers-a-new-path-to-eu-citizenship-with-bitcoin-investment/
Ferrari will extend its cryptocurrency payment system to its network of European dealers from the end of July
https://www.ferrari.com/en-EN/corporate/articles/ferrari-extends-cryptocurrency-payments-to-european-dealers
💧 Top Blockchains by DEX Volume Growth in the Last 7 Days
👉 https://dropstab.com/exchanges/dex
Igloo, the company behind the NFT collection “Pudgy Penguin”, has received more than $11 million in funding for new blockchain, Abstract
https://venturebeat.com/games/abstract-blockchain-igloo-11m-pudgy-penguins/
OKX has introduced Matr1x (MAX) on OKX Jumpstart
Token staked: BTC/ETH
Maximum staking per person for MAX: 0.3 BTC/ 3.5 ETH
Amount of mineable tokens in BTCÐ staking pool: 20,000,000
MAX Mining period: 6:00 UTC on Jul. 29, 2024 - 6:00 UTC on Aug. 5, 2024
Total supply: 1,000,000,000
https://www.okx.com/zh-hans/help/introducing-matr1x-max-on-okx-jumpstart
Pavel Durov PRs Catizen and waits for the development of Dogizen
/channel/durov/338
The crypto market is down
BTC Dominance - 53.79%
Market Cap - $2.42T
BTC - $66,046.51 (-2.1%)
ETH - $3,449.04 (-0.86%)
BNB - $584.8 (-0.99%)
AVAIL - $0.1809 (+0.45%)
ZK - $0.1772 (-7.06%)
STRK - $0.571 (-6.37%)
ZRO - $4.98 (-3.73%)
https://dropstab.com
dYdX v3 website (dYdX.exchange) has been compromised.
Please do not visit the website or click any links until further notice.
https://x.com/dYdX/status/1815780835473129702
Neo announces that the Neo X MainNet is officially live
More details about Neo X:
▫️dBFT Governance
For the initial period following MainNet launch, the Neo X network is going to be driven by StandBy validators to ensure consensus process stability and proper network connectivity.
▫️Ethereum Virtual Machine compatibility
The Neo X MainNet node version is based on the v1.13.11 Geth node implementation with the Shanghai hardfork supported as the latest one from the list of newly-added Ethereum forks.
▫️Enveloped transactions
▫️Native bridge
The US $20 million Neo X Elevate Program will drive ecosystem growth, providing essential resources and support to projects and developers.
https://neo.org/blog/details/4311
Morpheus, a decentralized AI project from Lumerin, goes live on Arbitrum test network
https://www.coindesk.com/tech/2024/07/25/morpheus-decentralized-ai-project-from-lumerin-goes-live-on-arbitrum-test-network/
Net inflows in ETFs for 24.07: BTC-ETF +$44.5m, ETH-ETF -$133.3m
https://farside.co.uk/?p=1518
The pro-crypto Republican Sen. Cynthia Lummis of Wyoming plans to announce legislation for Strategic Bitcoin Reserve at Nashville conference
https://www.foxbusiness.com/politics/wyoming-sen-lummis-plans-announce-legislation-strategic-bitcoin-reserve-nashville-conference
The crypto market is down
BTC Dominance - 54.34%
Market Cap - $2.32T
BTC - $64,010.01 (-2.9%)
ETH - $3,168.81 (-7.9%)
BNB - $556.6 (-4.58%)
AVAIL - $0.2089 (+16.44%)
ZK - $0.158 (-10.08%)
STRK - $0.514 (-9.43%)
ZRO - $4.55 (-8.22%)
https://dropstab.com
Kamala Harris will not be speaking The Bitcoin Conference
https://x.com/DavidFBailey/status/1816114440569323713
deBridge has successfully taken the Season 1 Snapshot on July 23, 2024, 21:00 UTC.
deBridge is set to issue a governance token, DBR, on the Solana blockchain next month.
https://x.com/deBridgeFinance/status/1816081007709397369
https://www.coindesk.com/markets/2024/07/24/cross-chain-service-debridge-to-issue-governance-token-completes-activity-snapshot/
Mountain Protocol is launching on Injective to bring the first native yield-bearing stablecoin (USDM) into the Injective ecosystem.
Mountain Protocol is the issuer of USDM, the first permissionless yield-bearing stablecoin. Mountain is backed by a range of prominent investors such as Multicoin Capital, Coinbase Ventures, and Castle Island Ventures.
https://x.com/injective/status/1816086342868062641
LayerZero has introduced the final list for review of sybil bounty hunter attributions
Distribution will occur by 00:00 UTC on July 25th.
https://x.com/LayerZero_Fndn/status/1816000356754788643
https://commonwealth.im/layerzero/discussion/24015-fcfs-bounty-hunting-sybil-list
Mt. Gox moved 37,477 BTC ($2.47B)
https://x.com/lookonchain/status/1815980004691345730
Former President Donald Trump disputed claims he’s considering BlackRock CEO Larry Fink or J.P. Morgan CEO Jamie Dimon to lead the Treasury Department if he’s elected to another term—despite telling Bloomberg last month Dimon was an option.
https://www.forbes.com/sites/saradorn/2024/07/23/trump-denies-considering-jp-morgans-jamie-dimon-or-blackrocks-larry-fink-for-treasury-secretary/
Net inflows into ETFs for 23.07: BTC-ETF -$78m, ETH-ETF +$106.6m
https://farside.co.uk/?p=1518
Franklin Templeton changed its avatar on X
Franklin Templeton is an issuer of spot Bitcoin and Ethereum ETFs. It manages over $1.53 trillion in assets.
https://x.com/FTI_US
A large number of community users said they have received the Bitcoin returned by MtGox on Kraken.
https://x.com/wublockchain/status/1815789779210182859
AltLayer informed its community of a change it introduced to the vesting schedule for all stakeholders.
In a strategic move, all stakeholders have agreed to accept a 6-month pause in the vesting schedule following the first unlock on July 25, 2024. Consequently, there will be no new token unlocks for investors, teams, advisors, treasury, and others, for six months (July 26, 2024 — January 24, 2025).
The next unlock will occur on January 25, 2025, with tokens vesting linearly on a monthly basis over a period of 2 years for investors, and for a period of 3 years for the team, advisors, treasury, and others.
https://blog.altlayer.io/change-in-alt-token-vesting-schedule-6f6a3857ce80