Grayscale Opens Decentralized AI Fund to Qualified Investors | Cryptocurrency Trends

1. Mainstream Exchange Trends:

• Bitget to list AVACOIN (AVACN) at 6:00 PM.
• Bitget kicks off Crypto Experience Month with Web3 talent recruitment platform Bondex.
• Bitget Wallet launches the TONNECT 2024 Awards to recognize the most popular apps within the TON ecosystem.
• Airdrop rewards from Binance Launchpool to be included in the calculation of users' DeFi BNB assets in Binance Web3 Wallet.
• HTX to appear as a sponsor at Istanbul Blockchain Week.

2. Cryptocurrency Trends:

• Spot Bitcoin ETFs saw a total net inflow of $124 million yesterday, marking the fourth consecutive day of net inflows. Meanwhile, spot Ethereum ETFs saw a total net outflow of $98.29 million yesterday, continuing a four-day streak of net outflows.
• Hamster Kombat surpasses 300 million users and plans to airdrop 60% of its tokens to players. The project is collaborating with TON to develop a technical solution for the airdrop and to introduce new optional participation features.
• Telegram game Catizen delays its CATI token airdrop event, which was originally scheduled for July.
• Grayscale's decentralized AI fund is now open to qualified investors.
• Poly market partners with Substack to introduce predictive market embeds and launches its first news product, The Oracle.

3. Financing Trends:

• Binance Labs announces the first batch of projects for its seventh season incubation program, including the staking protocol Astherus, the cross-chain protocol CYCLE NETWORK, the DA protocol DILL, and EigenExplorer.
• Liquorice raises $1.2 million in pre-seed round funding with participation from 1inch.
• Hyperbolic raises $7 million in seed round funding led by Polychain Capital and Lightspeed Faction.
• Mintify, an NFT trading tool, raises $3.4 million in a new funding round with participation from Cumberland and others.

4. Regulatory Trends:

• Kamala Harris to consider Senator Gary Peters as her running mate.
• The Central Bank of Russia plans to conduct its first test on crypto payments this year; the Russian Duma passes a law allowing the use of cryptocurrencies for cross-border payments.