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Over Protocol to Airdrop in Late September | Cryptocurrency Trends

Aaron, Bitget Research
2024/09/05
Over Protocol to Airdrop in Late September | Cryptocurrency Trends

1. Mainstream Exchange Trends:

  • Binance is set to launch BNSOL, a SOL staking product, in late September. BNSOL’s value will increase relative to SOL as staking rewards accumulate.
  • Binance hires UK-based accounting firm Grant Thornton for audit advisory.
  • Bitget's Crypto Experience Month public service event attracts 2,000 young participants across 12 regions globally.
  • Bitget PoolX to list ORDER, with pre-staking already started.
  • Bybit Web3 kicks off Babylon Season to enhance BTC ecosystem liquidity.

2. Cryptocurrency Trends:

  • World Liberty Financial, a cryptocurrency project backed by former U.S. President Donald Trump and his sons, includes several team members who previously worked on Dough Finance. The project will be built on Aave and Ethereum, focusing on a credit account system.
  • Ethena is partnering with EigenLayer and Ether.fi to utilize USDe for restaking.
  • Linea to distribute LXP to participants of Linea Culture SZN. Users must complete POH by September 9th.
  • Over Protocol launches its mainnet and is set to execute an airdrop in late September.
  • Ripple's CEO, Brad Garlinghouse, indicates that Ripple is nearing the launch of its stablecoin, Ripple USD (RLUSD).
  • Tiger Brokers lists AVAX, LINK, APT, and TON for virtual asset trading.
  • MetaMask introduces two key upgrades to its token management feature: 24-hour percentage changes in token lists and detailed financial data.

3. Financing Trends:

  • Samsung Next invests in Startale Labs, a partner in Sony's Soneium blockchain development.
  • Morph and Foresight Ventures jointly launch a $20 million ecosystem fund.
  • Sakana AI, a Japanese AI startup, raises $100 million in a Series A funding round led by New Enterprise Associates, Khosla Ventures, and Lux Capital.

4. Regulatory Trends:

  • The US Commodity Futures Trading Commission (CFTC) issues an order against Uniswap Labs for offering illegal digital asset derivatives trading.
  • Coinbase Chief Legal Officer Paul Grewal says Coinbase has been in touch with representatives from Democratic candidate Kamala Harris' campaign.
  • Japan's Financial Services Agency said it may be worth taxing crypto as a financial asset.
  • Attorney and cryptocurrency advocate John Deaton wins the 2024 Massachusetts Republican primary for U.S. Senate.
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