Ethereum ETF Trading Volume Surpasses $1B While dYdX Compromised Amid Sale Reports!

GM anon ☕🐺

In today’s Alpha Bytes👇

Spot Ethereum ETFs surged with over $1B in trading volume and $106.7M in net inflows on first day. Kraken returns Bitcoin to customers of Mt. Gox 10 years after hack and Mt. Gox transfers $2.13B in Bitcoin to unknown address amid creditor payouts. Meanwhile, DeFi giant dYdX’s v3 platform compromised amid sale reports.

BTC $65, 999 (-0.90%), ETH $3, 447 (-0.22%), SOL $173.90 (-0.99%)

Crypto News 📰 

• Bitwise donating 10% of Ethereum ETF profits to Ethereum devs 

• Polymarket odds heavily favor Trump amid dominant lead in swing states

• Aave has emerged as the top lending protocol on Base

• On-chain platform on Base network now lets US politicians receive crypto donations

• Bitcoin mining firm Riot Platforms acquires Block Mining in $92.5M deal to expand operations

• Winklevoss skeptical of Kamala Harris’ potential pivot on Bitcoin amid rumors

• $900B asset manager Hamilton Lane becomes the first asset manager to launch a fund on the Solana blockchain

• Trump denies considering JPMorgan & BlackRock CEOs for Treasury Secretary

• WazirX seeking partnerships to recover from $230M hack

• BlackRock Bitcoin ETF surpasses Invesco QQQ Nasdaq fund in 2024 inflows

• BlackRock's $500M tokenized fund pitches for Ethena's RWA investment plan

• Coinbase files motion to compel the SEC and Chair Gensler to hand over documents related to its case

• Bitcoin Layer 2 Bitlayer reaches $300MM valuation with new funding from Franklin Templeton and others

• Lightning Labs eyes improving stablecoin settlement with launch of updated Taproot Assets

• Toyota research on how to introduce mobility into public blockchains

Airdrops🪂 

• @AvailProject DA Mainnet & the AVAIL token are now live!

• Sanko Season3 Airdrop 

Project Updates 🔥 

• KnownOrigin shutting down its on-chain marketplaces and minter

• Bunni v2 testnet live

• ALT Token Vesting Change

• @Ether_Fi_Fdn updates S2 token vesting claims

• @aevoxyz lists $SAI prelaunch

• Kelp website hacked 

• @NavyAI_xyz relaunching their token

• @JupiterExchange launching memecoin with @irenezhao_ 

• @getgrass_io launches Desktop Nodes

• @RouterProtocol releasing Staking Campaign pre-mainnet

• @goodentrylabs Sunsets Protocol

• @Superstatefunds launches Superstate Crypto Carry Fund

• @SybilSamurai shutting down operations

• All ETH ETFs Now On Arkham 

Threads 🧵 

• Article on exploring circle STARKs - @VitalikButerin

• Zoom security precaution explainer - @nft_dreww

• What does it mean to 'Make Ethereum Great Again' ? - @RedactedRes

• Summary of @Delphi_Digital's "A TON of Gaming" report - @stacy_muur

• Thoughts on ETH ETF - @Evan_ss6

Launches 🚀 

• SEC Approves Ethereum Spot ETFs

• Avail DA Mainnet & the AVAIL token are now live

• Prerich v1 is now public

• Optopia $OPAI token Claims & TGE

• Magicswap v2 is live now with @ZeeverseGame's GEX

Fundraise 💰

• Zircuit announces mainnet funding round

• Bitcoin Layer-2 Chain Bitlayer Raises $11M Led by ETF Issuer Franklin Templeton

• @b3dotfun (GameFi) - $21M Seed led by @PanteraCapital

• Pudgy Penguins Firm Raises $11M for Ethereum Layer-2 Push

• Web3 AI firm Network3 raises $5M in funding

• @MetaBeatOffl (NFT) raises $3M in funding

• @PlutoVisionLabs (GameFi) - $TBD investment from @BinanceLabs

Videos 🎥

• Crypto Bull Market Carries On w/ Darryl Wang

• Farms of the Week LIVE w/ yieldfarming 

• A New Era: Trump’s Impact on Crypto and Innovation in the U.S.

That's a wrap for today!

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