Terraform agrees to pay $4.47B, and the Biden campaign may accept crypto donations!

GM anon ☕🐺

In today’s Alpha Bytes👇

Terraform agrees to pay $4.47B in a proposed judgment with the SEC. Biden campaign in talks to accept crypto donations through Coinbase Commerce. Brazil’s largest bank opens crypto trading for all customers.

BTC $67,729 (+0.39%), ETH $3,510 (-0.43%), SOL $152.20 (+0.19%)

Crypto News 📰

• Federal Reserve pauses interest rate hikes, remains at 5.25% - 5.50% 

• Bitcoin miners rise 10% after Trump promises to back US miners 

• Bitcoin whales scoop up $1.4B in 24 hours amid market correction 

• Largest Ethena (ENA) Staker Sells $14.1M in Tokens, Suffers $13M Loss 

• Average fees on Arbitrum rise 97%, daily transactions increase 

• OKX confirms user accounts drained via Identity Theft 

• Andrew Tate token surpasses MOTHER amid claims of insider activity 

• Telegram’s TON Blockchain Surpasses Ethereum in Daily Active Addresses 

• ZkSync faces community backlash over lack of anti-Sybil measures in ZK airdrop 

Project Updates 🔥 

• Aethir is launching its token 🚀 

• Sui Bridge is now live on testnet! 

• Chromia incentivized testing program  

• Ripple to use Axelar as bridge protocol for EVM sidechain 

• Ripple: Introducing Ripple USD (RLUSD) 

• Eigen Labs announces the acquisition of the @RioRestaking team  

• @MetaMask will begin offering 'pooled staking' to users of its Ethereum wallet 

Threads 🧵 

• Proof of Liquidity: Points, but better 

• The Restaking Wars: Eigenlayer vs. Symbiotic 

• Standardized Metrics for Compute Marketplaces 

• DePIN sector has grown rapidly 

Fundraise 💰

• Irys raises a total of $8.9M in Lemniscap-led funding round 

• Layer3 raises $15M Series A ahead of token launch and airdrop 

• @layer3xyz secured $21M in total funding 

• Pixelverse raised $5.5M 

• Codatta Secures $2.5M Seed Round Funding, Led by OKX Ventures  

Airdrops🪂

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

• @AethirCloud airdrop   

• BNB Chain 📢 Announcing Chapter 3 of the BNB Chain Airdrop Alliance! 🎉 

• $ENJOY Airdrop 2.Season 1 

Videos 🎥

• Stacks DeFi and Airdrop Strategies: Bitcoin L2 Guide for All Levels 

• Bitcoin, FOMC, and CPI 

• Bitcoin Just Did It Again 

Analysis 📊

• Trading Strategy for BTCUSDT 

• Crypto Coins Heatmap: The Ultimate Guide for Beginners (2024) 

• Bitcoin 1.2B of Oi is trapped. How WHALES WOULD TRADE IT? 

Indices📈

• CoinDesk 20: June 12, 2024 - June 13, 2024

• Binance CMC 2024/06/13

That's a wrap for today!

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