💎20240611 Tuesday Crypto Daily💎

🔥Industry Highlights

Tether's investment department plans to invest over 1 billion USD in the next year.

Apple officially announces its new AI system "Apple Intelligence"; Siri will integrate with ChatGPT. Elon Musk: If Apple integrates OpenAI at the operating system level, the company will prohibit its use.

The first AVS network in the Bitcoin ecosystem, Pell Network, has a TVL exceeding 170 million USD.

🔥Protocol Updates

The Gnosis DAO community voted on the proposal to "implement a 30 million USD $GNO buyback plan."

Arthur Hayes locked 1.65 million $PENDLE until September 5, valued at approximately 8.40 million USD.

ZKsync will airdrop over 3.60 billion $ZK tokens to users next week, accounting for 17.5% of the total supply; multiple Sybil accounts found in the airdrop eligibility list will collectively receive over 2 million $ZK tokens.

Celestia announced that its data proof bridge Blobstream is now live on the Ethereum mainnet.
Blast’s on-chain Bazaar protocol was attacked, resulting in a loss of approximately 1.40 million USD.

OP Mainnet launches "fault-proof" to enhance rollup decentralization.
Floki domain service is now live.

LayerZero CEO: Airdrop eligibility standards focus on real users and fair distribution; wallets with fewer than 5 transactions and transactions below 1 USD will have their weight reduced by 80%.

Uniswap Labs has acquired the Base ecosystem game Crypto: The Game.
https://t.co/oKjglSM6Vj The token $IO is now open for claiming, launching on multiple platforms; $IO peaked at 5.88 USD on Binance, currently quoted at 3.74 USD.

🔥Price Movements

Total crypto market cap: 2.58 trillion USD; Fear and Greed Index: 74;
24h total liquidation across the network: 195 million USD, primarily long positions.

ETH/BTC exchange rate: 0.053; BTC: 67,098 USD; ETH: 3,529 USD.

Altcoins: $IO 3.74 USD; $LEVER +8.27%; $GNO +7.58%; $BAKE +4.16%; W +18.03%;

Meme coins generally decline.

🔥Investment and Financing

Binance Labs announces investment in Zircuit.

Uniswap Labs acquires the Base ecosystem survival game Crypto: The Game.

DeFi infrastructure Ink Finance completes over 5 million USD in financing, with participation from GSR and others.

Multi-signature protocol Squads completes 10 million USD in Series A financing, led by Electric Capital.

Zero-knowledge privacy platform Nexus Labs completes 25 million USD in Series A financing, led by Lightspeed Venture Partners and others.