Solv Protocol and Ethena Labs Launch SolvBTC LP Vault | Cryptocurrency Trends

1. Mainstream Exchange Trends:

• Bitget Launchpad project BWB enters the commitment phase. Users can commit USDT or BGB to get BWB.
• Bitget launches a new trade to earn promotion: trade NOT to earn BGB.
• Bitget Coin-M Futures now supports USDe margin.
• Rarible, an NFT marketplace, adds support for Bitget Wallet.
• Binance to launch HIGH, PEOPLE, and TNSR spot trading pairs and bots.
• Binance to update its managed sub-account function on July 1.

2. Cryptocurrency Trends:

• Co-Founder of LayerZero Labs: Sybil reports are under review; the final list of sybils has not yet been released.
• Solv Protocol partners with Ethena Labs to launch a SolvBTC LP vault.
• Optimism: 600,000 OP to be allocated for Onchain Summer incentives.
• Babylon: Cap 2 of Bitcoin Staking Testnet-4 to launch tomorrow.
• Bitwise CIO: Washington's shift is a once-in-a-lifetime alpha for crypto.
• BounceBit partners with Ethena Labs to allow staking BBUSD to earn sUSDe.
• Polygon-based smartphone CGLPhone announces its price for the Super version at around US$94.59.

3. Financing Trends:

• DWF Labs to purchase $12 million worth of FLOKI tokens to support the FLOKI ecosystem.
• Polygon Labs acquires Toposware, a blockchain research firm specializing in zero-knowledge technologies.
• Avail raises $43 million in Series A funding with participation from Foresight Ventures and others.
• Fhenix, an Ethereum Layer 2 project, raises $15 million in Series A funding led by Hack VC.

4. Regulatory Trends:

• The U.S. CFTC appoints Mo Shaikh, co-founder of Aptos Labs, to its digital assets subcommittee.
• Thailand's SEC approves Thailand's first spot Bitcoin ETF.
• FTX settles a $24 billion tax claim with the IRS.