2024.7.2 Cryptocurrency Industry Dynamics

1️⃣Mainstream Exchange Dynamics: /

2️⃣Mainstream Projects and Hot Events:

▪️ Jupiter will issue active staking rewards to users who vote on proposals from March to June.

▫️ Circle co-founder: USDC and EURC are compliant with the EU's new stablecoin regulations MiCA.

▪️ PayPal stablecoin PYUSD has been launched on Jupiter.

▫️ Omni Network will airdrop ETHFI and ALT to OMNI Genesis stakers.

▪️ Zeta Markets: Genesis Epoch will start on July 25, with a total incentive of 8 million ZEX.

▫️ Lido community staking module testnet is online

▪️ zkLink Nova's total TVL exceeds US$690 million, ranking first among L3 networks.

▫️ Pump_fun's cumulative revenue has exceeded $50 million.

▪️ Polymarket's bets on the "winner of the 2024 presidential election" have exceeded $200 million.

3️⃣ Financing dynamics:

▪️ Web3 security company Mamori completed a $5 million seed round of financing, led by Blockchain Capital.

▫️ Shared sorter network Astria completed a $12.5 million financing, led by dba and Placeholder VC.

▪️ On-chain social game ecosystem MonkeyBit completed a $2 million seed round of financing, led by 3KBTC Capital.

4️⃣ Regulatory dynamics:

▪️ Tether and Uquid cooperate to provide USDT payment social security services for Filipinos.

▫️ Hawaii, USA: Crypto companies will no longer need a token trader license to do business in the state.

▪️ There is no specific deadline for the S-1 form submitted by potential Ethereum ETF issuers and it depends on the processing speed of the US SEC.