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ICO Drops - ICO News & Alerts

Jersey City is in the process of allocating its pension fund to buy Bitcoin ETFs, according to Mayor of Jersey City

https://x.com/StevenFulop/status/1816452663191450015

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ICO Drops - ICO News & Alerts

VanEck predicts Bitcoin could hit $2.9 million by 2050

T
he report says, that BTC will represent 10% of international trade settlement and 5% of GDP.

Meanwhile, it will reach a 2.5% weight in international currency reserves.

https://www.vaneck.com/us/en/blogs/digital-assets/matthew-sigel-bitcoin-2050-valuation-scenarios-global-medium-of-exchange-and-reserve-asset/

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ICO Drops - ICO News & Alerts

Clearpool launches on Arbitrum with USDC 18 million of loans already originated to Bastion Trading and Flow Traders

Clearpool has also received a grant in ARB from the Arbitrum Foundation to support the protocol's growth and technical development.

https://x.com/clearpoolfin/status/1816460289992458352

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ICO Drops - ICO News & Alerts

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/

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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

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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/

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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

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ICO Drops - ICO News & Alerts

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

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Mt. Gox creditors to start receiving bitcoin and bitcoin cash from Bitstamp on Thursday

https://x.com/Bitstamp/status/1816133303549800768

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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

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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/

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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

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💧 Top Blockchains by DEX Volume Growth in the Last 7 Days

👉 https://dropstab.com/exchanges/dex

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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/

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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 BTC&ETH 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

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Illuvium is now live

https://x.com/illuviumio/status/1816537026734297109
https://illuvium.io/play-now

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ICO Drops - ICO News & Alerts

The crypto market is growing
BTC Dominance - 54.93%

Market Cap - $2.41T
BTC - $67,020.02 (+4.55%)
ETH - $3,236.47 (+2.38%)
BNB - $578.1 (+3.77%)
ZRO - $4.52 (-0.54%)
ZK - $0.159 (+0.67%)
STRK - $0.522 (+1.64%)
AVAIL - $0.1923 (-7.51%)

https://dropstab.com

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aPriori, a liquid staking platform building on the Monad blockchain, has raised $8 million in a seed funding round led by Pantera Capital.

Other investors in the round included Consensys, OKX Ventures, CMS Holdings, ABCDE, Gumi Cryptos Capital, Flow Traders, Laser Digital, Chorus One, Everstake Capital and Staking Facilities, aPriori said Thursday. Angel investors, including Spencer Noon of OurNetwork, Marc Tillement of Pyth Network, Robinson Burkey of Wormhole Foundation, TN Lee of Pendle Finance and Zano Sherwani of Jito Labs, also joined the round.

The seed round brings aPriori's total funding to $10 million. Last year, the project raised $2 million in pre-seed funding co-led by Hashed and Arrington Capital.

https://www.theblock.co/post/307499/monad-liquid-staking-platform-apriori-100-million-token-valuation-funding

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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

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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/

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ICO Drops - ICO News & Alerts

Net inflows in ETFs for 24.07: BTC-ETF +$44.5m, ETH-ETF -$133.3m

https://farside.co.uk/?p=1518

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ICO Drops - ICO News & Alerts

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

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ICO Drops - ICO News & Alerts

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

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ICO Drops - ICO News & Alerts

Kamala Harris will not be speaking The Bitcoin Conference

https://x.com/DavidFBailey/status/1816114440569323713

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ICO Drops - ICO News & Alerts

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/

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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

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ICO Drops - ICO News & Alerts

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

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Mt. Gox moved 37,477 BTC ($2.47B)

https://x.com/lookonchain/status/1815980004691345730

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ICO Drops - ICO News & Alerts

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/

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ICO Drops - ICO News & Alerts

Net inflows into ETFs for 23.07: BTC-ETF -$78m, ETH-ETF +$106.6m

https://farside.co.uk/?p=1518

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