Daily Notes 09-01-2024
Developments
SEC Gets Hacked
The SEC's Twitter account was hacked. A fake tweet claiming that a BTC Spot ETF was approved was posted.
Ondo Foundation Announces Points Program
Ondo Foundation, which contributes to Ondo Finance, has announced a points program.
Standard Chartered's BTC and Ether ETF Predictions
Standard chartered anticipates inflows of $50 - 100 billion into spot BTC ETFs in 2024.
GMT Token Unlock and Distribution Details
79.2 million GMT tokens ($30.24 million) unlocked yesterday.
Celsius Transfers 40,000 ETH to Exchanges
Over the last 7 days, Celsius has transferred 40,000 ETH to Coinbase and FalconX.
Cosmos DAO Voting on ATOM Inflation Parameter
Cosmos’ DAO voting on whether to reduce ATOM’s minimum inflation parameter.
Profitability of BTC Addresses
90% of all BTC addresses are in profit.
WEMIX Foundation's Decision on Token Emissions
The WEMIX Foundation has decided to stop minting WEMIX token emissions.
Find Satoshi Lab Appoints New CEO
Stepn’s parent company “Find Satoshi Lab” finds a new CEO in Shiti Rastogi Manghani.
BNB Chain Sunsetting Beacon Chain
BNB chain developers are sunsetting the BNB Beacon Chain.
VanEck CEO on BTC ETF Trading Date
VanEck’s CEO, Jan van Eck, believes their spot BTC ETF will start trading this Thursday.
Fox Corporation's Blockchain Partnership with Polygon
Fox Corporation is partnering with Polygon to launch Verify.
Spot BTC ETF Applicants Lower Fees
Several spot BTC ETF applicants have reduced their fee percentage.
Aave DAO Considers Adding PYUSD
Aave’s DAO is currently temperature checking on whether to add PYUSD to Aave V3.
Trending Assets
Below $100M MC by performance, on chain
PAPER, the native token of community driven gaming metaverse project Dope Wars, is up 54%.
Above $100M MC by performance, on chain
Tokens above $100M but below $1B MC underperformed today.
Above $1B MC by performance, on chain
LDO, up 10.49%, MNT, up 10.35% and SHIB, up 3.35%, outperformed today
Trading Volumes
MKR, crvUSD, FLC, and LDO dominated on-chain volumes.
TVL
TVL Above $10M
Over the past day:
Native, multichain DEX, TVL grew by 174.29%.
Dual Finance, options on Solana, TVL grew by 55.16%.
Kinza Finance, lending on BNB, TVL grew by 43.53%.
Fees
GMX V1 fees earned are up 977.53%, Opensea Seaport fees earned are up 326.89% and Ethereum fees earned are up 60% over the past day.
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