👋 Hey Parifi fam!

Welcome to this week's digest, your reliable source of updates in the exciting worlds of #DeFi and #crypto.

Here’s what’s new!👇

Launches:
- @Chromia will launch its MVP (Minimum Viable Product) mainnet on July 16, enabling users to cross-chain their CHR from Ethereum and BNB Chain to Chromia.
- AI-driven crypto platform @Ubit_Ex has announced the official launch of the platform token UB and dual-currency pledge products.
- @JupiterExchange has launchedbuilt around a secure vault that only the user’s wallet can access.
- @KiloEx_perp and @TrustWallet launched their 'Ultimate Trading Showdown' event today.
- @alt_layer launched its Avail testnet, now integrated with Arbitrum Orbit.
- Cryptocurrency investment strategy protocol @doubler_pro Lite launched on Arbitrum One.
- @ether_fi is launching its Cash Card product, with the physical card to be delivered in September.
- zkEVM @KakarotZkEvm has launched its public testnet.
- @API3DAO has announced the launch of its Oracle Stack on #Neon EVM, allowing developers to access decentralized data sources (dAPI) and the upcoming OEV network.

Crypto & DeFi:
- Bitcoin fell below $58,000 on @coinbase for the first time since May as Mt. Gox wallets showed activity after a month, and the German Federal Criminal Police moved over $75 million to crypto exchanges.
- Taiwan Mobile Co., Ltd., Taiwan's second-largest telecom operator, has applied for a crypto exchange license.
- @friendtech has announced that the $FRIEND token will not migrate off the Base Layer 2 network.
- @Galxe’s $G rebranding migration is set to begin on July 9.
- @MakerDAO recorded historical revenue in Q2, reaching approximately 85 million USD.
- @ShibainuCoin team leader Shytoshi Kusama made a public appearance at the annual Web3 start-up event in Japan, IVS 2024, hiding his identity with masks.
- @chainlink is partnering with Fidelity and Sygnum to bring NAV data onchain.
- Web3 gaming points protocol @XoobGames has secured $1.6 million in funding.
- Meme token @BorpaTokencom has dropped over 90% after ending collaboration with EntangleFi.
- Ethereum's #EIP7732, the Enshrined Proposer-Builder Separation proposal, was officially created.
- @MANTRA_Chain price climbed after announcing a partnership with UAE real estate giant MAG to tokenize $500 million in real estate assets.
- Only five mining machines are still profitable after #BTC’s drop.

TradFi:
- European stocks dip as investors assess UK election outcomes.
- @Shell is expected to take a post-tax impairment hit of up to $2 billion linked to its Singapore and Rotterdam plants.
- S&P 500 remains at record levels.
- The Dow Jones Industrial Average gained 8 points.
- Gold: +0.97%
- Oil: +0.56%
- EUR/USD: +0.13%
#DeFi #crypto