2024.7.5 Cryptocurrency Industry Dynamics

1️⃣Mainstream Exchange Dynamics:

▪️ Bitget announced that it will integrate the Polish local payment channel BLIK into the Bitget platform through Alchemy Pay, and users can use the Polish fiat currency Zloty (PLN) to achieve a seamless and secure crypto deposit experience.

2️⃣Mainstream projects and hot events:

▪️ According to Mempool data, 47,228 BTC (about 2.7 billion US dollars) were transferred from Mt.Gox in Mentougou to the address starting with 1L7Xbx.

▫️ Jupiter announced on the X platform that a new Solana on-chain transaction method supported by Ape&the Vault will be launched next week.

▪️ Lista DAO announced a partnership with BounceBit. The former will support BounceBit's BBTC as collateral, and users can borrow lisUSD under Lista's innovation zone.

▫️ According to F2pool data, based on the current Bitcoin mining difficulty and the electricity price of $0.06/kWh, the Bitcoin mining machine Ant S19, Shenma M30S+, Shenma M33S+ and other series have reached the shutdown price.

▪️ The total locked value (TVL) of the re-staking agreement Symbiotic has exceeded $1 billion, and is currently $1.029 billion, a record high.

3️⃣ Financing dynamics:

▪️ According to UniSat official news, it has completed the Pre-A round of financing in May this year, led by Binance, and the specific amount of financing has not yet been disclosed.

▫️ The blockchain game Swords and Dungeons successfully obtained $5 million in financing, with support from investors such as Mirana Ventures, Qiming VC, OKX Ventures, y2z Ventures, Partners Matrix, Folius Ventures, Mask Network, SNZ Holding, ArkStream, Sky9 Capital, Primal Capital, and Bas1s Ventures.

▪️ OKX Ventures announced an investment in AI and RWA project Compute Labs.

4️⃣ Regulatory dynamics:

▪️ The Financial Supervisory Service of South Korea announced today that it has developed a 24-hour monitoring system in cooperation with local exchanges to screen for any suspicious activities in the cryptocurrency market.