Daily Notes 19-02-2024
Developments
Digital Asset Fund Flows Reach +$2451.9 Million with Grayscale Maintaining Negative Flows but Offset by Other Crypto Product Inflows
Last week's digital asset fund flows reached +$2451.9 million. Grayscale maintained negative flows of -$623.3 million but were offset by inflows into other crypto products with iShares seeing +$1,614.4 million, Fidelity +$648.6 million, and ARK $405 million.
Y Combinator Seeks Investment in Crypto Stablecoin Startups as Part of Their Latest “Request for Startups” List
Y Combinator is looking to invest in crypto stablecoin startups in their latest “Request for Startups” list.
Worldcoin App Achieves Over 1 Million Daily Users Milestone on a Sunday
The Worldcoin app reached a high of over 1 million daily users this Sunday.
Chiliz Announces Multi-Year Partnership with South Korea’s Top Football League and Integration of K League Fantasy into Chiliz Chain
Chiliz is partnering with South Korea’s top football league. As part of the multi-year deal, “K League Fantasy” will be integrated into the Chiliz chain. K league will also be running a Chiliz validator.
Japan’s Parliament to Vote on Bill Allowing Investment Funds and VCs to Invest in Crypto Companies for Tokens and Hold Crypto
Japan’s parliament to vote on a bill that would allow Japanese Investment funds and VCs to invest in crypto companies for tokens (SAFTs etc) as well as hold and acquire crypto themselves.
User Suspected to be Justin Sun Purchases 54,721 ETH ($159 Million) Through Binance and Dex’s
A user, suspected to be Justin Sun, purchased 54,721 ETH ($159 million) through Binance and dex’s.
Fixed Float Confirms Hack for $26 Million of BTC and ETH
Fixed Float confirmed that they were hacked for $26 million of BTC and ETH.
dYdX DAO Currently Voting on Adding EOS Market to the dYdX Chain
The dYdX DAO is currently voting on adding an EOS market to the dYdX chain.
AVAX Set for Unlock on February 22, Adding $375.28 Million (2.6% of Supply) to Circulation
$375.28 million of AVAX (2.6% of the supply) is set to unlock on February 22.
Biconomy Integrates Account Abstraction Infrastructure into Trust Wallet's New Smart Contract Wallet Offering
Biconomy integrated their Account Abstraction infrastructure into Trust Wallet's new smart contract wallet offering.
BounceBit Aims to Launch Public Mainnet for BTC Staking in April 2024
BounceBit, a BTC staking platform, aims to launch their public mainnet in April 2024.
Binance to Delist Monero, Multichain, Vai, and Aragon on February 20 at 03:00 a.m UTC
Binance will be delisting Monero, Multichain, Vai, and Aragon on February 20 at 03:00 a.m UTC.
Trending Assets
Below $100M MC by performance, on chain
MND, up 38.04%, SPX, up 37.18%, and IMGNAI, up 25.22%, were top performers today.
Above $100M MC by performance, on chain
WLD continues to perform well, and is up 28.60% over the past day, and 181.95% over the past week. PERP is up 27.78%, and PANDORA is up 24.25%.
Above $1B MC by performance, on chain
GRT had a great day and is up 15.59%. BEAM is up 11.51%.
Trading Volumes
eUSD (Ethena), crvUSD, PANDORA, LINK, ONDO and BEAM dominated on-chain volumes
TVL
TVL Above $10M
Over the past day:
hBTC TVL grew by 154.70%
Alpaca Leveraged Yield Farming, yield farming on BSC, TVL grew by 63.47%
Kinza Finance, money market on BSC, TVL grew by 36%
Fees
Opensea Seaport fees earned are up 62.79%, zkSync Era fees earned are up 15.8% and friend.tech fees earned are up 127%.
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