Trump Campaign Raises $21M & 'Hamster Kombat' Prepares for Historic Airdrop!

M6 Labs Alpha Bytes 🚨 July 31st

GM anon ☕🐺

In today’s Alpha Bytes👇

Trump campaign raises $21M at Bitcoin 2024 conference. BitClout founder ‘Diamondhands’ charged with securities fraud. Hamster Kombat surpasses 300M players and prepares for historic crypto airdrop. 

BTC $66,439 (-0.58%), ETH $3,328 (-0.09%), SOL $183.26 (+0.35%)

Crypto News 📰

  • Russian lawmakers pass a bill allowing select businesses to use crypto in international trade

  • California uses Avalanche Blockchain to streamline vehicle title transfers

  • Starknet-based ZKX protocol shutters, blaming lack of users

  • ‘Golden Boys’ behind Compound ‘governance attack’ agree to rescind proposal

  • SEC sues BitClout founder Nader Al-Naji, says he lied to investors about the project's decentralization

  • Mt. Gox moves over $2B worth of bitcoin to fresh address: Arkham data

  • Ripple execs denounce SEC over its plan to amend its complaint against Binance, says it adds to confusion

  • SEC posts information page for investors harmed by Terraform fraud

  • FTX class action lawyers move to block Sullivan & Cromwell’s dismissal motion

  • Bank of England to experiment with wholesale CBDC, synchronization

  • California DMV building blockchain on Avalanche for title transfers

  • Judge grants ex-FTX exec’s request to postpone reporting to prison

  • Polymarket tops $1B in betting volume amid US election hype

  • Spot Ethereum ETFs flip positive after $34M inflow on July 30

  • Polymarket sets position on Venezuelan election bet outcome

  • Tron founder Justin Sun calls on China to warm up to Bitcoin

Project Updates 🔥 

  • @TLX_FI announces stop trading perps summer incentives prog

  • Eclipse is now open for builders

  • Crypto game Hamster Kombat allocates 60% of token airdrop to players in new whitepaper

  • Movement Labs joins Polygon's AggLayer; testnet launch attracts $160M in committed TVL

  • UAE residents can now trade crypto directly with their bank accounts

  • exSat unveils testnet with leading validators and mining pools

  • Polymarket embeds in partnership with @SubstackInc

Threads 🧵 

Launches 🚀 

Fundraise 💰

  • NFT startup Mintify raises $3.4M in additional funding

  • Web3 AI firm Hyperbolic raises $7M in seed funding

  • New L2 memecoin Pepe Unchained raises $6M in ICO and may perform like Pepe

  • Liquorice secures $1.2M pre-seed funding led by Greenfield Capital

  • Argo Blockchain raises £6.5M through private placement

That's a wrap for today!

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