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Restaking Protocol Symbiotic Surpasses $1 Billion in Total Value Locked | Cryptocurrency Trends

Jarseed, Bitget Research
2024/07/05
Restaking Protocol Symbiotic Surpasses $1 Billion in Total Value Locked | Cryptocurrency Trends

1. Mainstream Exchange Trends:

  • Bitget announces the integration of the Polish payment system provider BLIK through Alchemy Pay, enabling users to use Polish zloty (PLN) to buy crypto securely and seamlessly.

2. Cryptocurrency Trends:

  • Justin Sun posts his willingness to negotiate with the German government to purchase all of its BTC over-the-counter in order to minimize the impact on the market.
  • Ethereum core developers announce the launch of EIP-7732, which is the formal specification of Enshrined Proposer-Builder Separation (ePBS). EIP-7732 is an upgrade at the consensus-only level, separating execution validation from consensus validation, and embedding PBS directly into Ethereum's consensus layer. PBS refers to the separation of block proposers and builders.
  • According to Mempool data, 47,228 BTC (approximately $2.7 billion) was transferred from Mt.Gox to an address starting with 1L7Xbx.
  • Jupiter announces on X that it will launch a new trading method on the Solana chain, supported by Ape and the Vault, next week.
  • Lista DAO announces a partnership with BounceBit to support BounceBit's BBTC as collateral. This move allows users to borrow lisUSD through Lista's Innovation Zone.
  • According to F2pool data, based on the current Bitcoin mining difficulty and an electricity rate of $0.06 per kilowatt-hour, Bitcoin miners like Antminer S19, Whatsminer M30S+, and Whatsminer M33S+ have all reached the shutdown price.
  • Symbiotic, a restaking protocol, surpasses $1 billion in total value locked (TVL), currently standing at a new high of $1.029 billion.

3. Financing Trends:

  • UniSat announces that it has completed a pre-A funding round led by Binance in May of this year. The exact amount of the funding has not been disclosed.
  • Swords and Dungeons, a blockchain game, secures a $5 million funding round from Mira Ventures, Qiming VC, OKX Ventures, y2z Ventures, Partners Matrix, Folius Ventures, Mask Network, SNZ Holding, ArkStream, Sky9 Capital, Primal Capital, Bas1s Ventures, and other investors.
  • OKX Ventures announces an investment in Compute Labs, an AI and RWA project.

4. Regulatory Trends:

  • South Korea's Financial Supervisory Service announces today that it has partnered with local exchanges to develop a 24-hour monitoring system to screen for any suspicious activity in the cryptocurrency market.
Disclaimer: This content includes third-party opinions, and we do not guarantee its accuracy. Cryptocurrency prices are highly volatile, so please conduct your own research and make judgments accordingly.