Rhythm Morning News｜A list of important news from last night and this morning on June 5

Base network TVL surpasses OP Mainnet and becomes the second largest Layer 2 in terms of locked value

On June 4, according to L2BEAT data, Base network TVL surpassed OP Mainnet (TVL: 7.6 billion US dollars), temporarily reported at 7.63 billion US dollars, with a 7-day increase of 9.30%.

Base has now become the second largest Layer 2 in terms of locked value, with Arbitrum One ranking first with a TVL of 18.87 billion US dollars.

Data: In May, the Base network achieved an on-chain profit of $6.98 million, the highest among all L2 networks

On June 4, according to data from crypto data analyst Kofi, the Base network achieved an on-chain profit of $6.98 million in May, the highest among all L2 networks. Optimism ranked second with an on-chain profit of $1.57 million, and Scroll, Arbitrum and Linea ranked 3 to 5.

Note: On-chain profit = L2 gas fee income - batch release and verification proof on L1

BNB breaks through US$700, setting a new record high

On June 5, according to OKX market data, BNB broke through US$700 and is now quoted at US$700.2, with a 24-hour increase of 11.53%, setting a new record high.

BSC ecological tokens generally rose, CAKE rose more than 18% in 24 hours

On June 5, according to market data, BSC ecological tokens generally rose, including:

CAKE is currently quoted at US$3.172, with a 24-hour increase of 18.8%;

XVS is currently priced at $11.67, up 15.77% in 24 hours;

BAKE is currently priced at $0.3616, up 14.78% in 24 hours.

Bitcoin briefly broke through $71,000

On June 5, according to OKX market data, Bitcoin briefly broke through $71,000 and is currently priced at $70,744, up 2.55% in 24 hours.

Bitcoin ecological tokens have seen a general rise, CKB rose more than 24% in 24 hours

On June 5, according to market data, Bitcoin ecological tokens have seen a general rise, including:

CKB rose 24.1% in 24 hours and is currently quoted at US$0.01898;

BADGER rose 13.43% in 24 hours and is currently quoted at US$5.227;

STX rose 13.17% in 24 hours and is currently quoted at US$2.14;

RIF rose 8.23% in 24 hours and is currently quoted at US$0.1796.

UNI rose more than 5% in a short period of time, temporarily reporting 10.2 US dollars

On June 4, according to OKX market data, perhaps affected by "Uniswap may announce important news in the near future", UNI rose more than 5% in a short period of time, temporarily reporting 10.2 US dollars.

Runestone initiator: The next rune with a market value of over 1 billion is predicted to meet the conditions of no pre-mining and a casting limit of more than 1 million

BlockBeats news, on June 4, Ordinals developer and Runestone initiator Leonidas posted on social media that the next rune with a market value of over 1 billion should meet the conditions of no pre-mining, not yet etched, and a casting limit of more than 1 million. Leonidas said that in addition to free and fair airdrops, this is the best and fairest way to distribute runes.

BounceBit and Ethena Labs have reached a cooperation, staking BBUSD can earn sUSDe income

On June 4, BounceBit announced a cooperation with Ethena Labs, staking BBUSD can earn sUSDe income rewards.

In addition to the native sUSDE income, you will also receive 5 times Sats/day and BB rewards.

ZK(zkSync) is now available on the PancakeSwap pre-market trading market

On June 4, the PancakeSwap pre-market trading market (PancakeSwap Perpetual v1) has opened ZK(zkSync) trading.

Avail Completes $43 Million Series A Financing, Dragonfly Capital and Others Participate

On June 4, modular blockchain project Avail completed $43 million in Series A financing, with Dragonfly Capital, Founders Fund, Cyber Fund, SevenX Ventures, Figment, Nomad Capital, LocalGlobe, Altos Ventures, Chapter One, Superscrypt, Mirana Ventures, KR1, RW3 Ventures, Alliance Dao, Hashkey, Elixir Capital, Spark Digital Capital and some angel investors participating.

Avail will launch the mainnet in the next few weeks. After this round of financing, Avail's total financing has reached 75 million US dollars.

Avail said the Series A funding will accelerate its efforts to address scalable data availability, interoperability, and Rollup fragmentation through the Unification Layer, a modular technology stack that combines data availability, aggregation, and shared security.

NFT platform Stashh Labs completed $3.3 million in financing, Shima Capital and others participated

On June 4, NFT platform Stashh Labs completed $3.3 million in financing, with the participation of investors such as Animoca, 6th Man Ventures and Shima Capital.

Stashh Labs will use these funds to further its mission of building an NFT platform for creators and collectors in various decentralized ecosystems.

Ethereum Layer 2 Fhenix Completes $15 Million Series A Financing, Hack VC Leads Investment

On June 5, Ethereum Layer 2 Fhenix announced the completion of a $15 million Series A financing round, led by Hack VC, Dao5, Amber Group, Primitive Ventures, GSR, Collider Ventures and Stake Capital. As of now, the company's total financing has reached $22 million.

Fhenix announced the launch of its open test network, called Helium (originally planned to be named Renaissance), allowing developers to deploy "confidential" smart contracts on the Fhenix Layer 2 network.

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