Binance Hits 200M Users and Solana Surpasses Ethereum!

GM anon ☕🐺

In today’s Alpha Bytes👇

Binance has just crossed a groundbreaking milestone with over 200M active users. Meanwhile, Solana has achieved a significant victory by flipping Ethereum in 7-day DEX volume. Adding to this, Iggy Azalea says MOTHER tokens can soon be used to buy phones and Donald Trump is making headlines by positioning himself as the 'Crypto President' during a tech fundraiser in San Francisco.

BTC $69, 370 (-0.04%), ETH $3, 668 (-0.53%), SOL $158.54 (-0.65%) 

Crypto News 📰 

• Arbitrum DAO approves $215M fund to boost gaming ecosystem 

• Hong Kong may allow staking for spot Ethereum ETFs

• @Grayscale releases report on ETH

• Arthur Hayes predicts impending bull run for Bitcoin as G7 central banks start easing policy

• Bloomberg analyst calls for FOIA request into SEC’s Ethereum ETF decision

• Friendtech plans to migrate from the Base network to the Friendchain network in partnership with Conduit

• South Korea to treat certain NFTs as regular crypto, new rulebook says

• What is JAM? Polkadot's Biggest Ever Upgrade Explained

• Io.net CEO Ahmad Shadid steps down from CEO role days before token launch

• Bitcoin Bags $2B Inflows, Ether Sees Highest Institutional Buying Since March

 Airdrops🪂 

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

• @Blast_L2 Points New Multiplier is Live! (GameFi Dapp 2x) 

• Rabby Points Season 2 is now live!

Project Updates 🔥 

• ZKP2P launches on/offramp for Revolut users on Base

• Gemholic rugs $3.5M on zkSync

• @Loopringorg Smart Wallets compromised

• @realMaskNetwork introduces staking

• @xai_games introduces XAI Vanguard

• @Polkadot introduces @one_frequency  

• Phantom Wallet Introduced Liquid Staking  on @solana natively in partnership with @jito_sol

• Pandora releases beta of ERC-404 Launchpad

• Instadapp Fluid is going multichain

• @Injective making changes to $INJ tokenomics

• Alchemy launches rollup tool

Threads 🧵 

• About EVM vs SVM by @intern 

• Trading idea/strategies breakdown by @pedma7

• Portfolio sizing thread by @DistilledCrypto

• @Poopmandefi thread on FHE ecosystem

• Everyone tells you to take profits, but no one shows you HOW by @belizardd

Launches 🚀 

• Kresko Closed Beta Kredits Airdrop

• Ebi.xyz

• Sofa TGE

• W Staking

Fundraise 💰

• @xocietyofficial (GameFi) - 7.5M Pre-Series A led by @hashed_official @SuiNetwork

• @HaloDotSocial (Social) raised 3M Seed

• @k3_labs (Blockchain Infrastructure) - $TBD Pre-Seed led by @FinalityCap

• @Glacier_Labs (Blockchain Infrastructure) has raised 8M Angel & Seed 

Videos 🎥

• Best Solana DeFi & Airdrop Strategies in June 2024 by @Dynamo_Patrick

• Crypto's Great Rate Cut Cycle | Roundup by @thebellcurvepod

That's a wrap for today!

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