1. Avail DA mainnet and AVAIL tokens are launched, AVAIL staking is supported link

Avail, a modular blockchain project, announced the launch of the Avail DA mainnet and AVAIL tokens. Avail DA is a modular blockchain solution designed to optimize data availability (DA) and achieve highly scalable and customizable rollups. AVAIL will serve as the native asset of the Avail network, used to pay DA fees and ensure network security through staking. In addition, AVAIL holders will be able to start staking AVAIL.

Avail has raised a total of $75 million and has received support from investors such as Founders Fund, Dragonfly Capital and Cyber ​​Capital. Two important versions of Avail are being developed: the interoperability layer Avail Nexus and the secure network layer Avail Fusion. Avail DA supports various blockchain architectures, including Validiums, Optimiums, Sovereign Rollups and BTC L2s, and has obtained more than 70 collaborations, which will be integrated with Avail DA one after another.

2. US politicians can accept cryptocurrency donations on the Base Chain link

US politicians can accept cryptocurrency donations on the Base chain. According to the Supportcrypto website, supporters can choose from more than 240 cryptocurrencies, including Bitcoin and Ethereum, or pay by credit card to donate through the platform. Jesse Pollak, head of the Base network, said that although the platform is backed by a company called Engage Raise, Coinbase Commerce supports its operations.

3. BEVM releases Bitcoin second-layer network Sats Network link

BEVM released the Bitcoin second-layer network Sats Network on Friday, which is built on BEVM-Stack and uses BRC20 inscription Sats as gas. The network adopts BEVM's Taproot Consensus technical framework and enjoys equivalent network security to BEVM. The network will allow Sats holders to earn network gas revenue by staking Sats and becoming a verification node of the Sats Network. Officials said that the Sats Network will be 100% operated and governed by community users.

4. Core Foundation announces dual staking model to increase Bitcoin staking returns link

The Core Foundation announced a dual staking model to increase Bitcoin staking returns. The dual staking model will further incentivize Bitcoin stakers who invest in Core for the long term — when staking Bitcoin and CORE simultaneously, their Bitcoin staking rewards will be increased. Core is a Bitcoin-powered, EVM-compatible Layer1 public chain, with more than 4,844 BTC currently staked on Core’s non-custodial staking.

5. Lightning Labs announces the launch of the first multi-asset Lightning protocol Taproot Assets link

Lightning Labs announced the launch of Taproot Assets on the mainnet, the first multi-asset Lightning protocol, which means assets can be minted on Bitcoin and sent instantly with low fees through the Lightning Network, so it is now possible to make Bitcoin and Lightning a multi-asset network in a scalable way, based on the security and decentralization of Bitcoin. During the development process over the past few months, early adopters and the Lightning team have continuously iterated and minted more than 170,000 assets on the chain, building wallets, exchanges, and browsers for universes. In addition, through the design of the Taproot Assets protocol, each asset issuer no longer needs to launch its own liquidity and routing node subnetwork, and all issuers can take advantage of the existing network effect of the 5,400 bitcoins allocated to the Lightning Network.

6. Uniswap Labs: UniswapX has undergone a major upgrade link

Uniswap Labs officially announced that UniswapX has just undergone a major upgrade, deploying a new auction contract and redesigning the process of order quote information. The upgrade is said to include faster quote experience and transaction execution and more MEV returned to exchangers. Currently, the upgrade is online on the Uniswap web app and will soon be available on the mobile app. It is worth reminding that if the UniswapX filler offers a better price, the exchange will be executed through UniswapX; if Uniswap v2 or v3 offers a better price, the exchange will be executed through AMM.

7. Jupiter Slorg: The current status of the 30 celebrity tokens launched on the Solana network last month is worrying link

Last month, 30 celebrity-launched MEME tokens appeared on Solana, covering well-known figures from Andrew Tate to Soulja Boy. The average drop from ATH was 94%. Even the best performing tokens fell by more than 70%, and half of the tokens fell by more than 99%. Only 40% of the celebrities mentioned their tokens at least once in the past week, and most tokens fell into silence after experiencing an initial surge.

8. Securitize proposes to Ethena that Ethena allocate a large portion of its reserve fund to the BUIDL fund link

Securitize, the distributor of BlackRock's BUIDL Fund, has submitted a proposal to Ethena suggesting that Ethena should allocate a majority of its reserve fund to the BUIDL Fund. This proposal is part of a formal process initiated by Ethena to evaluate investment opportunities for its reserve fund, which it plans to use to invest in a diversified set of assets that meet the fund's investment criteria. The proposal will be reviewed and considered by the Ethena Foundation's independent risk committee.

9. Layer3 open airdrop query link

Distribution, identity and incentive infrastructure Layer3 is open for airdrop inquiries. L3 tokens will be distributed according to the user's historical and current activities, based on the number of CUBEs, task completion, cross-chain and exchange volume, and at least 50 CUBEs must be obtained before May 10. Users also need to mint Trident NFTs to participate in the second season distribution.

Layer3 completed a US$15 million Series A financing round led by ParaFi and Greenfield Capital in June this year. In addition, Layer3 raised US$3.7 million in strategic financing in 2022. Together with the US$2.5 million financing in 2021, Layer3's total financing has reached US$21.2 million.

10. Mystiko Network is suspected of having a large number of insider trading behaviors in the 2nd Airdrop link

According to community user feedback, through on-chain data tracking, Mystiko Network is suspected of having a large number of insider trading behaviors in the 2nd Airdrop. The official Mystiko-Vault Community Incentives: 0xBc…25d6 distributed 20 million XZK to 1,487 newly created addresses in 7 batches through the Multisender app at 16:22 UTC on July 5. The common behavior of these thousands of new addresses is that they received Gas funds from OKX or Bybit one day after receiving XZK. Subsequently, these thousands of new addresses packaged XZK into vXZK to obtain airdrop qualifications. In addition, the number of airdrops received by this batch of addresses is actually more than that of normal users. For example, the new addresses: 0xda…77D4 & 0x80…Bf8e & 0x95…4800 all packaged 9,073 XZK, and received 60,000, 51,600 and 51,800 XZK airdrops respectively. It is worth noting that Mystiko Network received $18 million in financing led by Sequoia India in March this year.