‌
Chain Catalyst by Launchy (Telegram)

Chain Catalyst 6 September 2024

Subscribe to our newsletter:
Follow us: https://x.com/ManoppoMarco | https://www.x.com/pangestu_karon

📈Markets

• Bitcoin spot ETFs see $211M outflow
• Ethereum spot ETFs see $200K outflow
• Global Liquidity breaks out ATH $90.57 trillion M2 Money Supply

🌐News Update

• Pavel Durov break silence
• Vitalik donate all his L2 tokens to charity
• Japan's three largest banks will pilot a stablecoin platform
• Telegram to start moderating private chat after Durov arrest

👨🏻‍💻DeFi

• DWF to launch synthetic stablecoins
• Blackrock’s BUIDL index launch on Injective
• Celestia releases roadmap to scale to 1 GB blocks

🦮NFT & Metaverse

• Polymarket is getting NFL parlays
• Magic Eden to segregate US business

📈Deal Flow & Capital Raise

• Dropnest - Undisclosed Strategic Investment
• Arris - Undisclosed Strategic Investment
• Vanilla Finance - Undisclosed Strategic Investment
• Blabla - Undisclosed Seed Round
• PuffPaw - $6M Seed Round
• Balance - $30M Unknown Round

📚Noteworthy Reads

• The Block’s read on The Scoop: Bad macro, bad flows, bad price
• Axel Bitblaze’s thread on OMNI L1
• Robbie Petersen read on Rearchitecting The Stablecoin Stack