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💧Current state of the market in our weekly overview

dropstab | icodrops | twitter | telegram
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Azuro is joining forces with Chiliz, the blockchain in sports and entertainment, to promote the growth of onchain sport prediction markets.

https://x.com/azuroprotocol/status/1788576050990960834
💧 Recent Funding Rounds Backed by Top Tier Angels

👉 https://dropstab.com/investors
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Neel Somani, the founder and CEO of Ethereum scaling company Eclipse, said that he would be stepping back from his role as a "public face" for the company in response to a recent slate of sexual misconduct allegations.

https://www.coindesk.com/business/2024/05/09/sexual-misconduct-allegations-lead-founder-of-ethereum-layer-2-chain-eclipse-to-step-back/
Jupiter has announced the next round of LFG.

The vote will be on 22nd May.

https://x.com/jupiterexchange/status/1788995317272395884
Layer3 has introduced L3.

Initial Distribution Details:
Identifier: L3
When: Early summer
Total Supply: 300,000,000
Community Allocation: 51% of total supply

Detailed tokenomics will be released by the Layer3 Foundation in June 2024.

The initial airdrop will distribute 5% of the total $L3 supply to early adopters and CUBE minters.

https://x.com/layer3xyz/status/1788932313163932134
Linea: „Thanks to the community, we detected Sybil activity which managed to bypass issuers and attain attestations as though they are individual people. We strive to make our Voyage human-centric, so this caused us to pause distributing LXP. We're working with PoH issuers and Verax proactively to revoke attestations for addresses that are Sybils.”

https://twitter.com/LineaBuild/status/1789318471680958952
The Securities and Exchange Commission will probably deny applications for Ethereum spot exchange-traded funds on May 23.

The lack of meaningful interaction with prospective issuers, coupled with Ethereum’s ambiguous regulatory status, have made analysts pessimistic about the chances.

Not to mention the SEC’s recent investigation into the Ethereum Foundation.

That means spot Ethereum ETFs probably won’t see the light until the end of 2025, Bloomberg Intelligence ETF analyst Eric Balchunas told DL News.

https://www.dlnews.com/articles/markets/us-election-may-decide-fate-of-ethereum-spot-etfs/
Bitcoin Magazine CEO: “For the past month we have been working with the Trump campaign to develop their bitcoin and crypto policy agenda. We proposed a comprehensive executive order for President Trump to sign on day 1. I will be sharing those details soon. This week Trump took the first step, but there is much work to do. We intend to raise a $100m war chest for the campaign to insure the next President of the United States is pro Bitcoin. If you can help, please reach out.”

https://twitter.com/DavidFBailey/status/1789141605544538467
Bitcoin's onchain activity has dipped to its lowest level since 2019.

https://twitter.com/santimentfeed/status/1789383542021169208
💧 Top 5 Games by Funds Raised this Year

👉 https://dropstab.com/insights/latest-fundraising-rounds
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Crypto Market Daily Review ☀️

The market is neutral. Market cap is $2.26T. Bitcoin is trading at $61.1K

dropstab | icodrops | twitter | telegram
Ripple CEO Brad Garlinghouse has warned that the US government is targeting Tether.

https://beincrypto.com/ripple-ceo-government-target-tether/
⚡️Top 5 EigenLayer Operators with Airdrop Campaign

👉 https://dropstab.com/coins/eigenlayer
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Carv has postponed the node sale.

Whitelist Node Sale Launch: May 24, at 12:00 UTC
Public Node Sale Launch: May 28, at 12:00 UTC

https://medium.com/carv-official/carv-nodes-up-to-100-buyback-program-chaperone-the-node-launch-fostering-a-decentralized-9fa0353e475f
BounceBit (BB) trading has started on Binance.

BounceBit (BB) is the first project on Binance Megadrop.

BB is now trading at $0.46.
FDV: $978.6M
Max Token Supply: 2,100,000,000 BB
Initial Circulating Supply: 409,500,000 BB (19.5% of max token supply)

Website: https://bouncebit.io/
Twitter: https://twitter.com/bounce_bit

https://www.binance.com/en/trade/BB_USDT
Holograph has introduced the airdrop checker and airdrop round 1 details.

Checker: https://eligibility.holograph.foundation/

Tokenomics:
Total supply: 10B HLG
500,000,000 HLG (5% of the total supply) will be distributed to eligible recipients in HLG Rewards Round 1.
Initial Circulating Supply: 15,25%

Key Timelines:
Registration Period: May 13, 2024 at 10:00 UTC — May 23, 2024 at 4:59s UTC
Distribution Period: May 23, 2024 at 17:00 UTC — May 23, 2024 at 9:59 UTC
Results Announcement: May 23, 2024 at 10:00 UTC
Lock-Up Period: Until May 23, 2024 at 12:00 UTC

Holograph is an omnichain tokenization protocol, enabling asset issuers to mint natively composable omnichain tokens.

Website: https://www.holograph.xyz/
Twitter: https://twitter.com/holographxyz

https://mirror.xyz/holographxyz.eth/VwVSwT0BqujmLuq5Xnm4exDnx90Wl7c6WaqX8EuOuQI
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2024/06/09 10:52:58
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