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The SPX index is down 0.27%, concerns from the Federal Reserve's latest minutes about inflation prompted considerations for further tightening of monetary policy. The broader cryptocurrency market is up, with Bitcoin and Ether rising by 0.44% and 0.01%, respectively in the past 24 hours.
Today’s outperformer is EDU, which jumped 36.4% after Open Campus Launches Principal Node Sale for EDU Chain to Empower Decentralized Education Ecosystem.
Open Campus (EDU), founded in 2022, is a web3 protocol that decentralizes educational content creation and distribution. Educators control their content through blockchain, fostering community-driven learning and collaboration. Open Campus, backed by major investors like Animoca Brands, and Sequoia Capital, is launching a sale of Principal Nodes on its EDU Chain, a Layer 3 blockchain designed for education. Scheduled for June 2024, this sale will allow participants to operate nodes, verify transactions, and earn rewards within a decentralized education ecosystem. The EDU Chain promotes a "Learn Own Earn" model, aiming to empower learners and educators by providing blockchain-based ownership of educational data and achievements.
Check Out the Latest Prices, Charts, and Data of EDUUSDT Perp!
Kakarot Labs, supported by StarkWare and Ethereum's Vitalik Buterin, launched the testnet for its Cairo-based zero-knowledge Ethereum Virtual Machine (ZK-EVM), advancing EVM-compatibility on Starknet. This development will allow Starknet, currently the seventh-largest Layer 2 network by TVL, to integrate established Ethereum DeFi protocols. The Kakarot ZK-EVM enables developers to use Solidity, Ethereum’s primary programming language, in the Starknet ecosystem, removing the previous barrier of needing to learn Cairo, a language designed for STARK cryptography. The launch is part of a broader plan to make all Cairo stack ZK-rollups EVM-compatible, enhancing accessibility and functionality for developers.
Category | Flow (millions) |
GBTC | (16.1) |
Non-GBTC | 45.9 |
Total | 62.0 |
BlackRock's spot Bitcoin ETF, IBIT, recorded its highest one-day inflow since April, exceeding $290 million as Bitcoin prices hovered around $70,000. This spike in ETF activity, totaling nearly $300 million on Tuesday, aligns with positive developments, including the potential approval of an Ether spot ETF and supportive comments on cryptocurrencies from Donald Trump's presidential campaign. While most ETFs saw inflows, a few like Bitwise's BITB and VanEck's HODL experienced minor outflows.
Build, a project on Farcaster, is launching an airdrop of their $BUILD tokens through an event called "The BUILD Game." Participants can earn BUILD points daily by nominating their favorite builders on Build's official site. These points will then be converted into $BUILD tokens. To participate, users need to create a Farcaster account, obtain a Passport at Talent Protocol, and visit Build's website to make nominations. Each nomination earns BUILD points, and participants can nominate up to three builders daily to accumulate points. Additionally, participants are also eligible for a Farcaster airdrop, offering a dual earning opportunity.