Andrew Tate’s DADDY memecoin skyrockets despite controversy!

GM anon ☕🐺

In today’s Alpha Bytes👇

Early buyers of Andrew Tate’s DADDY memecoin apparently sitting on $45M in unrealized value and this rise comes amidst allegations of insider trading. Meanwhile, JPMorgan reports an impressive $12B of net inflows into the crypto markets this year. Microstrategy announces an offering of $500M convertible senior notes to buy Bitcoin.

BTC $66, 924 (-1.09%), ETH $3, 515 (+0.33%), SOL $147.59 (-2.86%) 

Crypto News 📰 

• Consensys helps decentralize Hollywood with Film.io and VillageDAO partnership

• U.S. Judge signs off on $4.5B Terraform-Do Kwon settlement with SEC

• Gensler confirms spot Ethereum ETFs will be approved ‘this summer’ during Senate hearing

• Bitcoin Book spurs US Bill to abolish Federal reserve

• Paradigm raises $850M to invest in early-stage crypto projects

• Shopify now supports hundreds of crypto tokens through Solana pay via Helio

• Telegram games ‘Tapswap’ and ‘Yescoin’ launching tokens on The Open Network

• NEAR Foundation forms Nuffle Labs with $13M in funding

• Curve founder hits with $27M liquidation as CRV drops to historic low

• Taiwan forms crypto industry association as a major step toward self-regulation

• Wu-Tang Clan's secret 'Shaolin' album will be sold via $1 NFTs on Base

• Bitfarms to boost US presence with Pennsylvania expansion amid Riot takeover bid

• UwU Lend offers a $5M bounty to whoever catches its exploiter

• Access Protocol launches $25K quest with Superboard to introduce transferable subscriptions

• a16z-backed gaming studio’s ‘Pirate Nation’ token nabs Coinbase listing shortly after launch

• US spot Bitcoin ETFs experience net outflows of $226M led by Fidelity’s FBTC

• Paxos cuts 20% of its workforce despite having more than $500M on the balance sheet.

• Roaring Kitty now owns $262M in GameStop shares as options vanish

 Airdrops🪂 

• Kelp DAO (Limited time campaign; June 3-16)

• @OrderlyNetwork airdrop checker

• @azuroprotocol airdrop checker

• Moongate Token-Gated Reward System

Project Updates 🔥 

• Web3 Sports Fantasy Game Maincard.io Now Live on TON

• dlcBTC goes Live after 33 Months

• @beefyfinance introduces Cowcentrated Liquidity 

• @Balancer v3 and its future revealed

• @remiliacorp333 update and launching a new token

• Privado ID spins out from Polygon Labs

• Asymmetry x Ampleforth

• @Arbitrum offers to reverse and revise GCP

• Pantera invests in $GENOME

• uWulend hacked again

• Eigenlayer acquires Rio Network

• Tabichain reveals tokenomics

Threads 🧵 

• Did the dreaded $CRV liquidation event live up to the hype? by @CurveCap

• The ultimate meme token tier list by @PastryEth

• @Layerggofficial - A thread about AI, gaming and DePINs

• @Aptos summer by @Louround_

Launches 🚀 

• GammaSwap 

• Gyroscope

• Tabi IDO

• Dune404 Mint (backed by Animoca)

• Milady Cult Presale

• DLC.Link dApp

• Pirate Claims & TGE

Fundraise 💰

• @TheYuliverse (GameFi) - 4M Pre-A led by @LingfengCapital

• @KimaNetwork (DeFi) - 5M Pre-Seed led by @BlockchangeVC @Mastercard's FinSec Innovation Lab

• @irys_xyz (Blockchain Infrastructure) - 3.7M (Total 8.9M) Strategic led by @Lemniscap

• @reposwap (DeFi) - $TBD Seed led by @qcpcapital

Videos 🎥

• @KevinWSHPod - Animoca Brands Chairman: How Crypto Will Fight Poverty

That's a wrap for today!

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