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Highlights 🧵:
1/ Across various narratives, Memecoins have recorded the strongest year-to-date performance, with the category up >500% so far. Tokens related to real-world assets ("RWAs") also had a strong run this year, further spurred on by BlackRock's recent launch of a tokenized money market fund (BUIDL) that operates on the Ethereum blockchain.

2/ BNB Chain has announced the “Meme Innovation Battle” where up to US$1M will be rewarded to eligible teams deploying meme coin projects on the network.
Wormhole launched its governance token $W, allocating 6.78% of token supply to users. Ethena Labs also launched their $ENA token, airdropping 5% of supply earlier this week.

3/ Many developments on the stablecoin front, with Ripple announcing plans to launch a USD-pegged stablecoin later this year. PayPal has rolled out cross-border money transfers for its stablecoin, PYUSD, while upcoming stablecoin project Agora announced a US$12M seed round.

Binance Research
Highlights 🧵:
1/ Across various narratives, Memecoins have recorded the strongest year-to-date performance, with the category up >500% so far. Tokens related to real-world assets ("RWAs") also had a strong run this year, further spurred on by BlackRock's recent launch of a tokenized money market fund (BUIDL) that operates on the Ethereum blockchain.

2/ BNB Chain has announced the “Meme Innovation Battle” where up to US$1M will be rewarded to eligible teams deploying meme coin projects on the network.
Wormhole launched its governance token $W, allocating 6.78% of token supply to users. Ethena Labs also launched their $ENA token, airdropping 5% of supply earlier this week.

3/ Many developments on the stablecoin front, with Ripple announcing plans to launch a USD-pegged stablecoin later this year. PayPal has rolled out cross-border money transfers for its stablecoin, PYUSD, while upcoming stablecoin project Agora announced a US$12M seed round.
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Why Telegram?

Telegram has no known backdoors and, even though it is come in for criticism for using proprietary encryption methods instead of open-source ones, those have yet to be compromised. While no messaging app can guarantee a 100% impermeable defense against determined attackers, Telegram is vulnerabilities are few and either theoretical or based on spoof files fooling users into actively enabling an attack.

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