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Crypto Alpha, 2 May 2024

Daily Alpha on All Things Crypto, Web3 and Blockchain

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TL;DR

  • Vietnam opens Academy of Blockchain and AI to educate one million in tech.

  • Aave Labs unveils V4 roadmap for mid-2025 release.

  • MicroStrategy to develop decentralized identity protocol.

  • AMP Foundation launches Anvil protocol mainnet and ANVL token airdrop.

  • Animoca Brands and ApeCoin collaborate on $10 million fund.

  • Terraform Labs criticizes SEC's $5.3 billion fine request.

  • Uniswap enables crypto purchasing via Robinhood Connect.

  • Chainlink partners with Rapid Addition for institutional blockchain adapter.

  • Fidelity FBTC sees $191 million net outflow today.

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Alpha of the Day

Vietnam's Blockchain and AI Education Initiative

Vietnam steps up its game in the tech world by inaugurating the Academy of Blockchain and AI, with an ambitious plan to educate one million individuals in emerging technologies. It's like they're saying, "Move over, Silicon Valley, Vietnam's got this!" With a focus on blockchain and AI, they're preparing to unleash a wave of tech-savvy individuals onto the world stage. Who knows? The next Zuckerberg or Musk might just come from Hanoi or Ho Chi Minh City. Get ready for a new breed of tech wizards, blending pho and code with finesse.

Aave Labs' Roadmap to the Future

Aave Labs, the brainchild behind one of DeFi's biggest platforms, reveals its V4 roadmap governance proposal, teasing a mid-2025 release. It's like waiting for the next season of your favorite show - full of suspense and excitement. With the promise of new features and improvements, Aave Labs keeps the crypto community on its toes, wondering what innovative surprises they have in store. So, grab your popcorn and get ready for the DeFi drama to unfold!

MicroStrategy's Dive into Decentralization

MicroStrategy, the corporate giant dipping its toes into crypto waters, announces plans to develop a decentralized identity protocol using the Ordinals protocol. It's like they're saying, "We're not just here to buy Bitcoin; we're here to shake up the whole industry!" With decentralization as the name of the game, MicroStrategy aims to revolutionize how we manage our digital identities, bringing power back to the people. Watch out, Zuckerberg - MicroStrategy's coming for your crown!

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AMP Foundation's Anvil Protocol Launch

The AMP Foundation makes a grand entrance into the crypto scene by launching the Anvil protocol mainnet and kickstarting the ANVL governance token airdrop. It's like a fireworks display on the blockchain, with tokens raining down like confetti. As they unleash their new protocol, the crypto world watches eagerly, wondering if this will be the next big thing to disrupt the status quo. Get your wallets ready - it's raining tokens!

Animoca Brands and ApeCoin's Million-Dollar Collaboration

Animoca Brands and ApeCoin join forces in a blockbuster collaboration, announcing plans to establish a US$10 million fund. It's like watching two superheroes team up to save the day - except instead of capes, they're wearing suits and ties. With a hefty sum at their disposal, they're ready to invest in the next wave of blockchain and gaming innovations, promising to make waves in the industry. Get ready for a gaming revolution!

Terraform Labs' Take on SEC's Heavy-handed Tactics

Terraform Labs throws shade at the SEC, criticizing its request for a $5.3 billion fraud fine as overkill. It's like watching a showdown between David and Goliath, with Terraform Labs playing the role of the scrappy underdog. With accusations flying and tempers flaring, the crypto community braces for a legal battle of epic proportions. Strap in, folks - it's gonna be a bumpy ride!

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Uniswap's Robinhood Connect Feature

Uniswap introduces a game-changing feature: crypto purchasing via Robinhood Connect. It's like having a secret passage to the crypto world right from your favorite trading app. With just a few clicks, users can now dive headfirst into the world of DeFi, no separate accounts or complicated setups required. Say goodbye to FOMO - Robinhood Connect has got your back!

Chainlink and Rapid Addition team up to develop a blockchain adapter tailored for institutional use. It's like watching two heavyweight champions join forces to dominate the ring. With Chainlink's expertise in decentralized oracles and Rapid Addition's institutional know-how, they're poised to revolutionize how institutions interact with blockchain technology. Get ready for a seismic shift in the institutional crypto landscape!

Fidelity FBTC's Rollercoaster Ride

Today was a wild ride for Fidelity FBTC, experiencing a net outflow of US$191 million. It's like watching a drama unfold on the trading floor, with fortunes made and lost in the blink of an eye. As investors scramble to make sense of the chaos, one thing's for sure: in the world of crypto, expect the unexpected. Strap in tight, because the rollercoaster ride is far from over!

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