Lido Launches Community Staking Module Testnet | Cryptocurrency Trends

1. Mainstream Exchange Trends:

• No trends of note.

2. Cryptocurrency Trends:

• Jupiter to distribute active staking rewards to users who vote on proposals between March and June.
• Circle's co-founder announces that USDC and EURC are compliant with MiCA, the EU's new stablecoin regulation.
• Jupiter lists PayPal's stablecoin (PYUSD).
• Omni Network to airdrop ETHFI and ALT to OMNI Genesis stakers.
• Zeta Markets: A total reward of 8 million ZEX from the Genesis Epoch will be distributed from July 25.
• Lido launches its community staking module testnet.
• zkLink Nova reaches a total TVL of over $690 million, ranking first among L3 networks.
• Pump.fun surpasses $50 million in cumulative revenue.
• Polymarket sees nearly $200 million waged on the result of the 2024 U.S. Presidential Election.

3. Financing Trends:

• Mamori, a Web3 security company, raises $5 million in seed round funding led by Blockchain Capital.
• Astria, a shared sequencer network, raises $12.5 million in a funding round led by dba and Placeholder VC.
• MonkeyBit, an on-chain social gaming ecosystem, raises $2 million in seed round funding led by 3KBTC Capital.

4. Regulatory Trends:

• Tether partners with Uquid to allow Filipinos to pay their social security payments with USDT.
• Hawaii announces that crypto firms will no longer need a money transmitter license to operate within the state.
• Potential Ethereum ETF issuers have no specific deadline for filing their Form S-1 and are reliant on the speed of SEC processing.