The Weekly Airdrop: 0x118

May 31, 2024 // Bipartisan pro-crypto shift with the approval of FIT21, the Anti-CBDC Act, and Ethereum ETF; Market reacts to Mt. Gox moving $9B of BTC

Large Cap Leaderboard:

Sector Performance:

Top/Bottom Performers (Top 300):

Decentralized Finance:

M31 Capital DeFi Index: -0.0%

DEFI NEWS

• PayPal's PYUSD stablecoin is now live on Solana

• Blackrock’s BTC ETF passed GBTC to become the largest crypto ETF

• Aerodrome has surpassed Uniswap V3 in 24-hour trade volume on Base

• Morpho Labs introduces "The Morpho Stack"

• Ondo Finance launched $rUSDY on Ethereum

• EtherFi introduces Cash: Mobile wallet & Visa credit card

• Zeta X will be the first DeFi Layer2 on Solana

• Maple Finance (MPL) unveils Syrup Yield Platform

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Web3.0:

M31 Capital Web3 Index: -2.1%

WEB3 NEWS

• SEC asked spot ETH ETF issuers to submit S-1s

• U.S. House Passes CBDC Anti-Surveillance State Act

• Mt. Gox transfers $9B of BTC to a single address as part of repayment plan

• Publicly traded company buys $40M Bitcoin following MicroStrategy

• Ethereum Name Service proposes migration to Layer 2

• Arweave’s AO will have its own token, announces fair launch

• DTCCsuccessfully completed a pilot project with Chainlink

• Subsquid (SQD) chose Arbitrum to deploy its SQD token

• Grayscale is launching a new trust for Stacks (STX)

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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