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ConsenSys L2 Network Linea Opens Access to Alpha Mainnet | Cryptocurrency Trends

Aaron, Bitget Research

2023/07/19

ConsenSys L2 Network Linea Opens Access to Alpha Mainnet | Cryptocurrency Trends

1. Mainstream Exchange Trends:

● Binance.US to perform scheduled maintenance and suspend access on July 24 for approximately two hours.

● Binance terminates its five-year partnership with the Argentine Football Association (AFA), citing a contractual breach.

● Binance introduces a leverage adjustment function for isolated margin trading.

Mainstream Exchange Listings (CEX: Token — Time of Listing in UTC)

Bithumb: APE, RNDR, FTM — launched.

OKX: stETH — launched.

Bybit: ARKM (Arkham) — launched. Salad Ventures (SALD) — July 19, 8:00 AM.

2. Cryptocurrency Trends:

● OKX Web3 walletintegrates NFT marketplace Rarible.

● FalconX and CF Benchmarks partner to provide access to institutional-grade crypto derivatives contracts.

● Omni X, a LayerZero-based full-chain NFT platform, launches the alpha version of its mainnet.

● ApeCoin DAO receives a proposal to establish a special working group on marketing, PR, and communications.

● Linea, a ConsenSys L2 network, launches the alpha version of its mainnet.

● Taiko launches its Alpha-4 testnet to experiment with inception layers and a new staking-based proving design.

● Ribbon Finance's proposal to merge into Aevo is now open for snapshot voting.

3. Financing Trends:

● PSE Trading, a Hong Kong-based crypto fund, closes an eight-figure funding round with participation from Cipholio Ventures.

● Ambrus Studio, a Web3 game company, raises funds in a new round led by Spartan Group.

● Futureverse, an AI metaverse startup, raises US$54M in Series A funding led by 10T Holdings.

4. Regulatory Trends:

● U.S. SEC Chairman: "It's too early" to tell whether the Ripple ruling will lead to the drafting of any further crypto rules.

● The Hong Kong Monetary Authority is in the process of developing a regulatory framework for stablecoin and expects to put in place a regulatory regime within the next two years.

● ECB Governing Council: There are limitations to the actual regulation of cryptocurrencies. The Council suggests that national authorities should cooperate and coordinate across borders.

● UK Financial Conduct Authority: Crypto memes may violate financial promotion regulations.

Disclaimer: This content includes third-party opinions, and we do not guarantee its accuracy. Cryptocurrency prices are highly volatile, so please conduct your own research and make judgments accordingly.

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