🍟 Airdrop Letdowns and McDonald's Memes—What Happened This Month? 📧 Alphaday June 2024 Newsletter
🍟 Airdrop Letdowns and McDonald's Memes—What Happened This Month? 📧 Alphaday June 2024 Newsletter
Dive into the biggest updates of the month and the latest airdrop news in the crypto ecosystem.
GM 🍟
Even though long-awaited airdrops like zkSync and LayerZero finally arrived this month, they fell short of expectations and led to an influx of McDonald's memes in a constantly dropping market.
We know things are tough right now, but we've been through ups and downs before, and we're feeling hopeful about what's ahead. Good things are just around the corner!
🪙 June Crypto Roundup
🎉 The loong awaited zkSync airdrop has arrived: the zkSync team distributed 3.675 billion ZK tokens, which is 17.5% of their total supply of 21 billion tokens.
🐻 Berachain's Public Testnet bArtio B2 is now live.
🚀 StarkWare has announced that Starknet will operate as a Layer 2 (L2) solution on both Ethereum and Bitcoin in the future.
🎁 LayerZero has completed its airdrop. The team, known for their extensive Sybil resistance measures, required a mandatory donation (called Proof of Donation) of $0.1 per token during the airdrop claim process.
🔄 Polygon Labs spins off its Polygon ID service, called Privado ID.
🌐 Taiko is live on the Ethereum mainnet.
🛠️ Paradigm releases production-ready Ethereum execution client Reth 1.0.
✅ Permissionless Fault Proofs are now live on the OP Mainnet.
🔵 Base has emerged as the most profitable rollup in recent months, outperforming its peers by a significant margin.
🚀 Superposition testnet is live.
🪙 Mt. Gox begins the process of returning $9 billion worth of Bitcoin.
🧬 ZKsync introduces “elastic chain” architecture as part of its 3.0 roadmap.
📈 The $ZRO airdrop has benefited Arbitrum. The Arbitrum network generated $3.43 million in revenue in a single day, setting a new record.
🌉 Osmosis DAO to launch a fee-free bridge from Bitcoin to Cosmos, facilitated by a revenue-sharing agreement with Nomic.
💎 Ton blockchain reaches $600 million in Total Value Locked (TVL), becoming the fastest-growing blockchain with a 118% surge during the past month.
🤯 2 New Dashboards
🎉 Announcing two new dashboards on Alphaday! Discover Sui, a revolutionary Layer 1 blockchain, and Polygon, Ethereum's leading Layer 2 scaling solution.
Both dashboards offer a comprehensive suite of features, including videos, blogs, events, podcasts, market updates, developer resources, FAQs, community forums, global events calendars, hiring directories, and more.
🏆 Top3s of The Month
The crypto agenda was busy this month! As always, we've picked out the top 3 podcasts, blogs, and dashboards that everyone was talking about. Enjoy:
📰 Top 3 Most-Listened Podcasts
#1369 Solo Episode | Altcoins Are Coming To Wall Street - The Pomp Podcast.
The End of the Petrodollar | Luke Gromen - Bankless
How to Trade Bitcoin Like a WHALE (Strategies Explained) - The Milk Road Show
📊 Top 3 Dashboards
✍️ Top 3 Most-Read Blogs
💸 Raises
Investments are continuing at a steady pace, with Paradigm leading the way by raising $850 million to invest in early-stage crypto startups.
Babylon $70M Private
Avail $43M Series A
GoPlus $10M Private
Equilibrium Ventures $30M
Nexus Labs $25M Series A
Layer3 $15M Series A
Ava Protocol $10M Seed
Colosseum closed $60M fund to invest in early-stage Solana projects
Conduit $37M Series A
Thank you for tuning in to this month’s edition, packed with significant developments. We're delighted to keep delivering fresh updates and comprehensive analyses.
🚀 Until next time, stay updated and stay ahead!
Alphaday Team