Great Krisfi
@0xKrisfi
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$BTC Monster In search of the very best in Crypto...💎💎💎 Connect with me: @0xKrisfi
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Navigating blockchain technology can be daunting, especially for newcomers.
This thread delves into chain abstraction, a narrative in crypto that has been lots of misconceptions 🧵
✜ Chain Abstraction 101
✜ Notable Projects in this narrative
Ready? Let's get started!
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Former President
@realDonaldTrump
might attend
#Bitcoin
2024! 🌐
@axios
reports that Trump, still in the race for the White House, is considering participating in the major annual Bitcoin conference in Nashville, TN, on July 24-25.
Notable attendees include Robert F. Kennedy
2
21
101
An RWA platform, building a liquidity connection ecosystem between
#TradFi
+
#DeFi
?
This can only done by
@zothdotio
!
✜ What does Zoth offer?
✜ Lending & Borrowing protocol
✜ Raised $2.5M in funding, led by Blockchain Founders Fund
Let's get into it 🧵
6
23
84
Exciting week ahead with 5 notable token unlocks! 🔓
1.
@alt_layer
(ALT): 105.21M tokens on June 25
2.
@YieldGuild
Games (YGG): 16.69M on June 27
3.
@SingularityNET
(AGIX): 8.57M on June 28
4.
@Optimism
(OP): 31.34M on June 30
5.
@ethena_labs
(ENA): 14.89M on June 30
Let's see
1
17
65
Bravery isn't about having no fear; it's about conquering it, just like superheroes do. 🦸♂️🦸♀️
Whether it's facing villains or personal battles, true courage shines through when we push forward despite our fears.
Embrace your inner hero and rise to every challenge
5
16
31
Friends are the family we choose, bringing laughter, support, and unforgettable memories into our lives.
Treasure them always, for true friendship is a priceless gift 💛
1
7
69
Nearly $600M wiped out as
#Bitcoin
drops to $55,000 and ETH loses $3,000 😱
Bitcoin hit its lowest since February, causing mass liquidations. In 24 hours, $590M was liquidated, with long positions losing $511M.
Ethereum fell below $3,000. Fed's inflation concerns impact risky
7
20
54
Yesterday, bulls tried to push Bitcoin up to $66,500, but selling pressure erased gains, bringing BTC back below $65,000. The market closed in the red, down nearly 0.2% 📉
Over the past week, $BTC has lost over 3%, facing the possibility of a second consecutive week of losses in
1
13
63
If you missed the DOGS train, don't sleep on
@Duck_Chain
!
✜ A Layer 2 solution on
@ton_blockchain
✜ Partnered with Blum, DOG, Catizen, and Hamster.
It's creating some serious FOMO—get in early before it's too late! 🧵⬇️
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9
24
🚀 Just discovered a gem for my bullish list!
A liquid staking protocol boasting over $180M in TVL has just ventured into ETH restaking.
Retail is still in the dark, with its market cap under $10M.
7
18
34
Huge opportunity alert!
@Somnia_Network
, backed by a16z, just launched its Betanet, offering a $100,000 airdrop!
If you’re into Metaverse and NFTs, this is something you can’t afford to miss. 🧵
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13
40
DeFi has changed the game, offering open access to financial tools.
But fragmented liquidity across blockchains is still a big issue.
That’s where
@OrderlyNetwork
steps in.
A thread ⬇️🧵
5
3
22
Looks like the bears are taking over Solana's market, and SunPump might be to blame.
✜ $SOL dropped 2.5% on Thursday, with funding rates and total fees flashing red flags.
The reason? ➜
@pumpdotfun
, a meme coin platform on Solana, has lost some of its mojo since SunPump
4
8
25
Mistakes are stepping stones to success! 💛
Every error is a lesson learned, pushing us closer to our goals
Embrace your mistakes, grow from them, and keep moving forward. Turn setbacks into comebacks! 💪✨
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8
44
An airdrop you don't wanna miss ➜
@OraProtocol
🪂
✜ Raise $20M in funding from
@polychaincap
,
@HashKeyGroup
✜ Points program expected to convert into tokens
Excited enough? Jump in right now!🧵
6
13
44
Altcoin season is near! Despite a 30-70% drop in altcoin prices, new data suggests a shift is coming.
Here's why:
THE FIRST SIGNS ARE HERE
Altcoin season happens when non-Bitcoin cryptocurrencies outperform BTC. Key indicator: TOTAL2, the total crypto market cap excluding BTC,
7
19
45
.
@ethena_labs
's USDe has just become the first stablecoin to be restaked on
@ether_fi
, marking a big step for decentralized security!
Thanks to a partnership with
@eigenlayer
+
@ether_fi
, USDe holders can now restake their tokens using the new Liquid Restaking Token (eUSD).
We are excited to share that Ethena has partnered with
@eigenlayer
and
@ether_fi
to introduce $USDe as the first dollar denominated token that can be used as security within its generalized shared security platform
More details below:
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5
7
35
Is
@ApolloX_Finance
the future of perp DEXs? Their numbers on
#Arbitrum
are speaking for themselves, and the future looks promising.
#BNBChain
|
.
@ApolloX_Finance
: The undisputed perp DEX on the
#BNBChain
is crushing it on
#Arbitrum
.
They boast the highest TVL performance, skyrocketing over 1000% in just 30 days.
Are we witnessing the rise of true challengers in the existing perp narrative on Arbitrum?
📌Key metrics:
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0
0
21
Ever tried to resist FOMO but couldn’t? Yeah, same here…
Especially when I heard about
@Moonveil_Studio
’s $9M funding round.
➫ Airdrop confirmed, what's stopping you?
A thorough guide 🧵
6
7
33
TON Blockchain is set to launch a layer-2 solution in collaboration with Polygon!
The new layer-2, named TON Applications Chain (TAC), will utilize
@0xPolygon
's technology, including the CDK development toolkit and AggLayer solution for connecting blockchains.
➜ This
8
20
41
🚨
@_BinanceJapan
to delist
@nemofficial
(XEM) on September 18!
Following last month's global delisting, Binance Japan will remove NEM (XEM). Investors can still trade XEM on bitFlyer, GMO Coin, BitTrade, and Zaif.
This is part of Binance's broader strategy, which saw multiple
3
16
38
Mark Cuban's crypto vault hit for $870K loss! All eyes on suspicious crypto moves. The crypto rollercoaster continues.
#CryptoHacked
#CryptoRollercoaster
#CryptoAlert
0
0
20
I just noticed some unusual trading volumes in 5 altcoins on South Korea's largest crypto exchange, Upbit!
What’s the real reason?
1.
@avax
saw a 71.91% increase in 4-hour trading volume on Upbit: $48,000 ➜ $82,000
On Binance, it jumped 42.44%, from $328,000 to $467,000.
2.
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15
32
🚨 Heads up!
@Optimism
is hitting pause on its permissionless fraud-proof system after finding some security bugs.
No exploits so far, but they’re switching back to a permissioned model to keep things stable.
They’ve got a big Granite hard fork lined up for Sept 10 to patch
Today,
@OPLabsPBC
posted an upgrade proposal detailing findings from a recent series of community-driven audits on the Fault Proof System, including the plan to fix the bugs identified as part of the audits.
9
27
236
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7
40
What did Elon Musk, Justin Sun, and Charles Hoskinson say after the assassination attempt on Donald Trump?
@elonmusk
, CEO of SpaceX and Tesla, and
@justinsuntron
, founder of the Tron blockchain, publicly expressed their support for Donald Trump in the 2024 U.S. presidential
7
13
32
.
@aave
is eyeing a partnership with
@BlackRock
's BUIDL fund to enhance GHO's yield and maintain its 1:1 peg with USDC.
The plan is to integrate more Real World Assets (RWA) into GHO’s Stability Module (GSM), similar to how MakerDAO handles DAI with its Peg Stability Module
Aave labs just published a tempcheck to introduce the first step towards stronger RWA integration by implementing a version of the $GHO GSM that uses the
@BlackRock
BUIDL tokenized fund. Exciting development for what will drive the next wave of mass adoption
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8
40
Hey crypto enthusiasts! 🌿
Sometimes the best thing you can do for your mental health is to step away from the screens and touch some grass.
Nature has a way of resetting our minds, which can lead to clearer thinking and better decisions.
Try it out and feel the difference!
6
13
25
Gratitude transforms what we have into enough 🙏
Take a moment each day to appreciate the little things, the people who support you, and the experiences that shape you.
A grateful heart is a magnet for miracles.
3
10
26
Germany has sold all its Bitcoin holdings🚨
As of July 12th, after weeks of selling, the German government liquidated its seized
#Bitcoin
stash.
Arkham Intelligence reports the final 3,846.05 $BTC were sent for liquidation on July 12th, with over $2 billion BTC likely sold via
BREAKING: The German Government is now out of Bitcoin.
The German Government just sent 3846.05 BTC ($223.81M) to Flow Traders and 139Po (likely institutional deposit/OTC service).
The German Government has 0 BTC ($0.00M) remaining.
827
2K
8K
4
14
29
$SHIB could see a massive 150% price surge soon! 🐕
Crypto analysts are eyeing a $0.000035 target for Shiba Inu
➜ Up from its current $0.000014.
If this rally continues, we might witness SHIB hitting new highs!
5
0
11
.
@StoryProtocol
just locked in $80M in Series B funding led by
@a16z
Crypto
➜ Taking their total raise to $140M!
They're building a Layer-1 blockchain that makes IP programmable, setting the stage for a new era of content creation powered by AI.
Huge potential ahead!
5/ Over 200 teams, totaling more than 20 million addressable IPs, are already building on Story across various sectors, including IPFi, AI, and consumer markets.
Builders, creators, and visionaries: join us in solving real problems via Story Academy.
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13
32
.
@paraficapital
just raised a whopping $120M, thanks to backing from Theta Capital Management and Accolade Partners!
This new funding isn’t just for buying shares—it’s for diving deep into specialized crypto funds through GP Stakes.
➜ That means ParaFi will play a hands-on
ParaFi Capital, a New York-based digital asset manager that includes KKR co-founder Henry Kravis among its backers, raised $120 million from investors including Theta Capital Management and Accolade Partners.
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468
4
9
32
Gamee's airdrop of $GMEE tokens is making waves in the crypto community.
With just a few simple mining steps, you can grab your share.
But first, let’s dive into what
@GAMEEToken
is and why you should care.
🧵⬇️
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26
Real World Assets (RWA) are a crucial narrative in blockchain technology, aiming to bridge the gap between traditional finance (TradFi) and decentralized finance (DeFi).
1
0
0
2️⃣ Agora DAO
A decentralized autonomous organization designed to empower community governance
Agora DAO allows users to participate in decision-making processes, fostering a truly decentralized ecosystem
1
0
4
Among these, Zoth stands out by focusing on small and medium enterprises (SMEs), helping them tap into this emerging trend.
What makes Zoth unique?
1
0
0
4️⃣ Polymesh (POLYX)
@PolymeshNetwork
is a Layer 1 blockchain built for security tokens, essentially tokenizing traditional securities on its network
Dubbed the “Ethereum of security tokens,” Polymesh boasts 6,800 accounts, 61 nodes, and 500 million POLYX staked
4
2
16
Massive Airdrop for the
@DeBankDeFi
community!
✜ FREE to join
✜ Claim your DeBank XP rewards
Let's find out if you're eligible for this campaign 🧵⬇️
8
0
15
GM lazy cats!
Get up and dance, start your day with an energizer 🌞
10
0
16
Paxos is stepping into Ethereum’s layer-2 by integrating with Arbitrum!
This move aims to tokenize real-world assets, offering faster, cheaper transactions and access to Arbitrum's DeFi ecosystem.
@Paxos
stablecoins are already live on Ethereum, Polygon, and Solana. What a
We're excited to collaborate with
@arbitrum
and
@OffchainLabs
to bring more real world assets onchain. Read more about our work together:
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25
153
5
0
16
🚨 ETH price plummets as investors sell $2.4 billion!
A group of key investors feels bearish about ETH, pushing the top altcoin down.
Over the past 7 days, approximately 740,000 ETH ($2.4B) were sold.
Despite this, retail investors remain optimistic about future gains. Will
7
0
15
It's true!
@hamster_kombat
announces a massive 60% token airdrop for players 💸
Hamster Kombat, the viral Tap-to-Earn game on Telegram, just revealed a huge airdrop plan in their latest whitepaper.
➫ 60% of total tokens will be airdropped, making it one of the biggest in
6
0
14
Ready to dive into Origin's journey, transformative products, and innovations?
Like/Repost/Bookmark to show some love! ❤️
Stay tuned! 🧵
1
1
7
Curious about
@kaidrochronicle
?
The expansive gaming IP universe on
@Ronin_Network
With its success on Webtoons, Kaidro is now venturing into Web3 gaming.
More details under this thread 🧵
9
0
14
The unicorn of
#DePIN
Narrative -
@uniultra_xyz
With an ultimate plan of attracting the next 100M SEA users to Web3, how does this
#Subnet
Layer 1 solution operate?
A thread 🧵
5
0
12
📉 Memecoin TRUMP crashes 30% amid rumors of a Donald Trump token!
$DJT, a token on
@solana
, soared 180% after reports suggested former President Trump is behind it
If true, it's a first for a major party candidate – but it's still unconfirmed
📰 Pirate Wires claims Trump will
1
1
13
.
@aave
pockets $6 million from the market downturn
When
#Bitcoin
plunged to $49,000, $1 billion was liquidated, including $350 million from DeFi positions.
Aave's founder revealed the platform earned $6 million from today's market crash.
Despite negative macro news, DeFi
Aave Protocol withstood market stress across 14 active markets on various L1s and L2s, securing $21B worth of value.
Aave Treasury was rewarded with $6M in revenue overnight from decentralized liquidations for keeping the markets safe.
This is why building DeFi is FTW.
60
225
2K
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0
11
If you're following the Berachain trend, you won't want to miss this!
@InfraredFinance
- a game-changing Liquid Staking protocol:
✜ $2.5M Raised
✜ Backed by
@BinanceLabs
Airdrop Information 🧵
7
0
12
Feeling overwhelmed by clutter?
Start small! Begin with one room and work your way through. Here are some tips:
🔹 Declutter: Remove items you no longer need.
🔹 Organize: Use storage bins and labels.
🔹 Maintain: Spend 10 minutes daily to keep things tidy.
You’ve got this!
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0
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Zoth is a lending & borrowing protocol that tokenizes Real World Assets (RWA), enabling SMEs from traditional markets to access blockchain capital typically unavailable through traditional banking.
1
0
0
Mt. Gox transferred $2.5B in
#Bitcoin
to an unknown wallet and moved $130M BTC to Bitstamp. 📊
After transferring 42,587 $BTC on July 23, Mt. Gox moved 37,477 $BTC to a new wallet on July 24, with 130M USD sent to Bitstamp.
It's revealed that 40% of assets have been repaid to
7
0
12
Remember the success of
@ionet
on Binance Launchpool?
➜ Since then, data infrastructure protocols have been popping up left and right.
Today, we’re diving into
@fluence_project
, a standout platform in this space. 🧵
6
0
11
❯ What is Chain Abstraction?
Chain abstraction is a concept aimed at simplifying blockchain interactions, making them as seamless as possible for users.
By abstracting the complexities of multiple blockchain networks, it allows for a smoother and more intuitive user experience
1
0
0
As the gambling industry evolves, crypto projects are making waves
Let's explore the top 5 gambling coins:
@rollbitcom
,
@FUNtoken_io
,
@shufflecom
, Wownero, and
@DecentralGames
, and see how they are reshaping the landscape 🧵⬇️
5
2
10
Big news!
@solendprotocol
is now Save, launching SUSD, saveSOL, and dumpydotfun.
Since 2021, Solend hit $1B TVL and 100K+ new wallets, even after the FTX collapse. This rebrand is a bold move.
New products
▪️ SUSD: 0% interest SOL loans.
▪️ saveSOL: Liquid staking token.
▪️
We’re excited to unveil the rebranding of Solend to Save, Solana’s permissionless savings account.
Along with this rebrand, we’re announcing three groundbreaking new products: SUSD, saveSOL, and
@dumpydotfun
.
1/n
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11
Former President
@realDonaldTrump
is set to release his 4th NFT collection, following a successful track record of his previous collections selling out rapidly.
In a recent interview with Bloomberg, Trump emphasized, "Everything sold out: 45,000 NFT cards. I've done it three
We asked former president Donald Trump about his plans for a second term in the White House. Read the full transcript of our interview here
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6
0
11
$MAGA, the memecoin dedicated to Donald Trump, saw a price surge of over 10% after Elon Musk's latest post.
Trading at $7.2, MAGA's value spike coincides with Musk's "Make America Great Again" post, hinting at support for Trump amid election preparations.
4
0
11
.
@chaos_labs
just scored $55M in Series A funding, led by:
✜ Haun Ventures
✜ PayPal Ventures
✜ Wintermute
This New York crypto startup is all about leveling up on-chain risk management for DeFi.
With heavy hitters like Solana's co-founder and OpenAI’s product lead on
1/ We're excited to announce our $55M Series A led by
@HaunVentures
alongside
@lightspeedvp
,
@FPrimeCapital
,
@wintermute_t
,
@galaxyhq
,
@PayPal
,
@slow
,
@TheSpartanGroup
, and more.
Our company is named after the problem we’re trying to solve.
The Chaos Labs mission is simple:
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1️⃣ What is Origin Protocol?
It's an Ethereum-based ecosystem revolutionizing liquid staking with OETH and primeETH. 🌐
Mint OETH with ETH or major LSTs, now approved as an LST asset by
@eigenlayer
!
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1
7
Is
@MagicEden
, Solana's top NFT platform, gearing up for a new token launch? 🧐
Recent activity on their X account, now renamed ME Foundation, has sparked speculation about the imminent arrival of the ME token.
With decentralization plans on the horizon, this could be a
It looks like
@MagicEden
has changed the
@MeFndn
page
Is $ME or $NFT or whatever it is going to be called going to launch soon👀
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In addition to RWAs, Zoth supports lending and borrowing for other ERC-20 tokens, diversifying assets on the protocol.
It operates as a marketplace for lending pools where lenders earn interest, though Zoth only provides the platform, not direct transactions.
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❯ Why is Chain Abstraction crucial?
In the world of Web3, users struggle with understanding different blockchains, managing wallets, and handling transactions.
Chain abstraction bridges this gap, providing a unified interface that onboard millions of Web2 users effortlessly
1
0
0
Fact: 98.6% of memecoins on
@pumpdotfun
never make it to market.
Most cryptocurrencies created on pumpfun, a Solana-based memecoin generator, never hit the market.
Data from Dune Analytics reveals only 1.41% of tokens created there reach Solana's Raydium protocol, peaking at
5
0
9
Stay tuned for more insights! I’m off now!
Thanks for your incredible support. Follow me
@0xGreatKaifi
and
@OriginProtocol
for the latest updates.
I'm Kaifi, and I appreciate each one of you. You're all legends!
0
0
9
.
@paraficapital
is diving deeper into RWA!
They’ve just decided to tokenize part of their $1.2B fund on the Avalanche blockchain.
This move is huge, marking another step in bringing traditional asset management into the blockchain world.
What’s even cooler? You’ll be able
Tokenization meets private markets 🤝
Alternative asset management firm with $1B+ in AUM expands its L1 blockchain footprint.
ParaFi has tapped Securitize, a tokenization giant managing $950M+ in investments, to tokenize an interest in one of its venture funds on Avalanche.
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#Ethereum
Layer-2 networks are absolutely on fire! 🔥
They just hit a record-breaking 12.4 million daily transactions, and guess who's leading the charge?
➜
@base
With its ultra-low fees and high throughput, it's dominating the scene, snagging nearly 32% of the entire market
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0
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@EkuboProtocol
- a centralized liquidity model on StarkNet.
Though liquidity was integrated with AVNU only in mid-Sept 2023, it now supports tens of millions of dollars daily
What makes Ekubo Protocol stand out? 🧵
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2️⃣ Why Origin Protocol shines:
- Generates over $1.5M in annual fees for OGV DAO
- Surpasses $200M in TVL across its offerings
- Recently introduced a groundbreaking restaking product
@PrimeStaked
💡
1
2
6
.
@movementlabsxyz
integrates
@0xPolygon
's AggLayer and launches the Parthenon Testnet to enhance blockchain interoperability and security, targeting $160M TVL.
6 projects have already launched on the testnet:
▸ Echelon
▸ Moveposition
▸ Meridian
▸ Avitus
▸ BRKT
▸
Big News: Movement is connecting to AggLayer!
We're collabing with
@0xPolygon
to unify liquidity across:
🎯 MoveVM-based L2s
🎯 All AggLayer chains
🎯 Ethereum
Movement is the first next-gen ecosystem on AggLayer, bridging the gap between the Move and EVM worlds.
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❯ How does Chain Abstraction onboard millions of Web2 users?
▪ Simplified Interfaces
▪ Interoperability
▪ Enhanced Security
1
0
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.
@wintermute_t
's CEO Evgeny Gaevoy just spilled the beans on what their fund's been up to!
While everyone was buzzing about them selling $ETH, turns out they’ve been buying more instead! 😱
When asked if these buys were OTC or through exchanges, Gaevoy kept it mysterious,
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This thread has provided an overview of Zoth, its unique features, and the opportunities it presents.
Remember to conduct your own research before making investment decisions.
Here's to your success in this promising market! ⭐
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🚀 Today Crypto Hot News: $BTC surged 280% from its current cycle low and is set to keep climbing!
Stay updated with the latest from
@binance
,
@coinbase
,
#FTX
,
#ZKM
,
#NFTs
,
@chainlink
,
@MagicEden
,
@BotanixLabs
,
@suilendprotocol
,
@EthernityChain
1⃣ From a low of $15,500 in Nov
2
2
8
2. Funding
The project raised >$25M in 2 Seed Rounds:
▸ $13.2M from Pantera Capital, Animoca Brands, Polygon, and Dan Houser.
▸ $12M from Dapper Labs, Permanens Capital, Kenetic, Sarmayacar, DWeb3 Capital.
➫ Funds will expand franchises and develop new AAA blockchain games.
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