The Weekly Airdrop: 0x116

May 17, 2024 // Millennium discloses $2B spot Bitcoin ETF holding, Robinhood launches Solana staking, Ethena roadmap released, and El Salvador uses volcano fuel to mine 474 Bitcoins worth $29 million.

Large Cap Leaderboard:

Sector Performance:

Top/Bottom Performers (Top 300):

Decentralized Finance:

M31 Capital DeFi Index: -0.2%

DEFI NEWS

• Ethena - 2024 Roadmap: The Holy Grail: Internet Money

• Sonne Finance - Exploited for $15m on Optimism

• Rysk Finance Introduces Rysk V2: A CEX-Like Experience with Decentralized Deep Liquidity

• Babylon partners with pSTAKE to launch Bitcoin liquid staking

• Jito DAO to consider spending $29M on liquidity mining

• Intent-Centric DeFi Protocol Shogun Raises Seed Round at $69m Valuation

• DOJ indicts brothers for MEV-related wire fraud

• El Salvador uses volcano fuel to mine 474 Bitcoins worth $29 million

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Web3.0:

M31 Capital Web3 Index: -1.1%

WEB3 NEWS

• Web3 digital identity startup Humanity Protocol raises $30 million at a $1 billion valuation

• Millennium Management Discloses $2B Spot Bitcoin ETF Portfolio

• TEE Coprocessor: Automata Multi-Prover AVS on EigenLayer

• ZKM - Universal Settlement Network powered by zkVM

• Lens - Launching Lens Network Powered by Zero-Knowledge

• Robinhood launches Solana staking

• Pudgy Penguins announces one million plus units sold in less than a year

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About M31 Capital

M31 Capital is a global investment firm dedicated to crypto assets and blockchain technologies that support individual sovereignty.

Website: https://www.m31.capital/

Twitter: https://twitter.com/M31Capital