- Stripe acquires digital wallet Privy: Privy will continue as an independent product
- Tether backed L1 Plasma doubles its deposit cap to $1B: fills up in minutes
- US personnel being moved out of the Middle East against fear of escalating tensions with Iran: oil ticks higher, main markets down but not drastically
Notable PA
- SPX Murad's coin +11% to $1.70
- REKT +10% to $145M
Notable Sales
- CryptoPunk, Red Hair - 55.5 ETH
- XCOPY, Grifter - 20 ETH
Web 3 Round Up
- ETH ETF inflows hit $240M yesterday: highest of two week streak, higher than BT's $164M Inflows
- One Balance announces $20M raise to help non crypto native software engineers to build applications that use crypto
- Gamestop announces intention to raise $1.75B via convertible notes to buy BTC: GME stock price goes down 5%
- Polygon Founder takes full control of Polygon Foundation
- Moody's explores bringing credit ratings to Solana
- USDHl stablecoin goes live on Hyperliquid with $1M cap via Felix and shares interest with holders
More News
- Pudgy Penguins announces partnership with Nascar
- Sonic announces season 2 airdrop will drop on June 18
- Christie's reveal Leo Messie and Refik Anadol collaboration for online sale 8-22 July
Social Crypto
- Infinex drops 100M uPatrons to sKAITO holders today: claim is live for eligible holders via Infinex account
- Mira Network announces 0.5% of upcoming token supply for top yappers and Kaito ecosystem as leaderboard goes live
this is what you need to if you actually want to win a gas war
- know what funds are accepted and have them ready well in advance in the wallet you want to enter from
- take the stress of deciding how much you are going to allocate away from the gas war itself by deciding well before (don’t change your mind, you don’t need more stress)
- there aren’t many gas wars now so practice a tx so you know all the different places you need to click to speed up a tx (on rabby it’s fast - custom - enter gwei and priority fee) you may also need to click on ignore warnings if you haven’t interacted with that contract before. if you don’t practice this you might get lost at the crucial moment
- have more eth than you think you need to pay for gas, you do not want to speed up then not have enough eth
- slam 1k gwei and a few hundred priority fee if you really want something, obviously can be more or less depending on situation
- if you miss, do NOT leave. caps sometimes get filled faster than expected, and teams decide to go again (megaeth did this with their echo sale where they did another one 15 mins later; plasma did it today where they filled 250m, then they added another 250m)
- be in the discord whilst this is happening so you can see any official comms (plasma announced they would raise again in the announcement channel of the discord)
- Binance to launch altcoin only spot liquidity program targetting smaller market makers: offers 1 bps rebates and will support 18 tokens at launch
- 3Jane announces $5.2M seed round led by Paradigm to enable first scalable credit based money market on ETH
- Plasma announce caps for XPL sale have been increased to $250M; individual deposits are limited to $50M
- MegaETH share Euphoria teaser tap to trade mobile experience
More News
- Chinese firm Webus files with SEC to raise $300M for XRP treasury
- Spanish coffee company Vanadi plans to invest over $1.1B in BTC as part of reserve strategy
- Coinbase CEO Brian Armstrong says BTC will become world reserve currency if US electorate does not hold congress accountable to reducing the deficit
Social Crypto
- Kaito ocmmunity has unlocked the full 75bps of NEWT rewards from Magic Newton: more than 50k agents have been activated
- Infinex announce snapshot for 100M uPatrons to Kaito Stakers was brought forward to yesterday's announcement tweet: future airdrops will be time weighted to reduce large market movements around drops
- HYPE's main token launchpad Liquid Launch up 37% on the day to $58M
- Fartcoin down another 5% to $1.06, down 21% on the week
Notable Sales
- Fidenza, Tyler Hobbs - 30 ETH
- CryptoPunk, Bandana - 50.99 ETH
- REKT drinks sells out latest flavour Ship Rekt collaboration with OpenSea in 17 minutes
Web 3 Round Up
- Trump's Truth Social files for a BTC ETF
- Trump family deny involvement in Magic Eden's Trump wallet
- Tether announces strategic investment in Orionx, one of the leading Chilean digital asset exchanges
- North American energy company SolarBank announces a BTC treasury strategy
More News
- Solana signs MOU with Dubai's Virtual Assets authority
- Consensys acquires Web3 Auth to fix pain points with self custody
- Classover a provider of live and interactive online learning announced it has agreed to issue $500M in senior secured convertible notes to further SOL treasury strategy
Social Crypto
- Kaito launches Injective leaderboard: 6000 INJ up for grabs
- $5000 sKAITO yapper payouts has accrued to $30,000 so far: they will be going to top 50 yappers and emerging yappers each week
- Kaito announces it will go live on Instagram and TikTok