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Crypto Market Daily Review ☀️
The market is down. Market cap is $2.33T. Bitcoin is trading at $63.2K
dropstab | icodrops | twitter | telegram
Parcl announces details of PRCL airdrop.
Parcl is an RWA project for property trading in the US on Solana.
Distribution details:
▫️To be eligible for the distribution, users needed to earn at least 6,000 Points.
▫️The top five wallets (above 1.9 billion points) were manually adjusted. These users were allocated 3.75M PRCL, 2.5M, 1M, 1M, and 1M, respectively. Wallets 3-5 were modestly sub-linear.
▫️40,000 to 1.3 billion Points (~48% of total wallets): provided a linear distribution proportionate to the number of Points earned.
▫️6,000 to 40,000 Points (27% of total wallets) were provided a constant allocation of 20 PRCL tokens.
▫️Diamond Hands: 655 PRCL
▫️Common: 420 PRCL
▫️150 PRCL will be allocated to each participating Mad Lad NFT.
The claim checker for the initial community allocation of PRCL is now live on Parcl users’ Points pages (https://app.parcl.co/points).
The claim itself will go live at 12:59 UTC on Tuesday, April 16th via Parcl Limited.
Trading will begin on centralized exchanges at 13:00 UTC on the same day.
https://www.parcl.co/blog/prcl-community-allocation-update
Illuvium revealed the details of its upcoming airdrop campaign, with an allocation of 250,000 ILV tokens (~$25M).
This includes 50,000 ILV dedicated to its loyal holders and 200,000 ILV set aside for its 6-month Play-to-Airdrop initiative.
Snapshot Date: on April 14th, 2024, 23:59 UTC.
Distribution Date: The loyalty rewards will be distributed to its participants in Q2 2024.
Who Receives a Share of the Rewards?
Illuvium Participants: Whether you're a staker, purchased land, a Beyond collector, or trading on IlluviDex, there's something for you.
How are the points attributed?
The Loyalty Airdrop is about your participation and interaction within the Illuvium ecosystem. Points were accrued for the following activities:
▫️Staking in the ILV pool: Amount and duration of your stake.
▫️Staking in the Sushi Liquidity Pool: Amount and duration of your stake. Additional points were accrued for this pool.
▫️Illuvitars: The amount spent.
▫️Illuvium Zero Land: Time held & Amount Spent.
▫️IlluviDex Trading Fees: Trading volume within the Illuvidex.
To earn a piece of the 200,000 ILV, play-to-airdrop, battle in the Illuvium:
Airdrop #1 - 20,000 ILV
This first 10% allocation of ILV is dedicated to the testnet phase of the beta: PB4 beginning on April 30th & Open Beta Testnet set to start on May 28th. At the end of Open Beta Testnet, airdrop points will be tallied, and everyone who participated in the beta will be airdropped this portion of ILV directly to their IMX Passport wallets.
Airdrop #2 - 180,000 ILV
Open Beta (Mainnet): Players can own their Illuvium assets. This portion of the campaign will last an additional five months, and airdrop points will be calculated at the end of this period. While this is still a beta, more features will be added over time; players will earn airdrop points across all its games.
https://illuvium.io/news/illuvium-airdrop-season-details
Polychain, dao5 and DCG own Bittensor (TAO) worth about $350 million.
https://fortune.com/crypto/2024/04/15/bittensor-tao-polychain-digital-currency-group-dao5-ai-bitcoin/
Binance has edited the staked FDUSD data on its OMNI launchpool page after users noticed that the staked amount exceeds the entire FDUSD circulaiton.
https://twitter.com/BinanceHelpDesk/status/1779900614203359406
EOS has launched EOS Wrapped RAM (WRAM), a new asset class on EOS, tokenizing the RAM real world asset (RWA) to make it freely tradable with extended reach beyond the EOS blockchain.
https://eosnetwork.com/blog/eos-wrapped-ram-wram/
Norway becomes the first country in Europe to introduce regulations for data centers aimed at controlling which projects are permitted.
They state Bitcoin mining “is an example of a type of business we do not want in Norway”.
https://twitter.com/BitcoinNewsCom/status/1779842917298749530
Vitalik Buterin transferred 100 ETH ($325,000) to Railgun protocol.
Railgun is an EVM privacy protocol.
https://platform.arkhamintelligence.com/explorer/address/0x9D22816f6611cFcB0cDE5076C5f4e4A269E79Bef
Landesbank Baden-Württemberg, Germany’s biggest federal bank, plans to start offering cryptocurrency custody services in partnership with the Bitpanda exchange.
https://www.bloomberg.com/news/articles/2024-04-15/germany-s-lbbw-bank-to-offer-crypto-custody-services
⚡️ Top Jettons by Trade Volume in the Last 24hr
👉 https://dropstab.com/categories/ton-ecosystem
Ether.fi adds network support for weETH: Blast, Optimism, Base, Linea, Mode and BNB.
https://twitter.com/ether_fi/status/1779715394543968721
Ethereum's gas price has fallen to 2024 lows.
https://cointool.app/gasPrice/eth
💧Top Funding Rounds in the Last Week
👉 https://dropstab.com/insights/latest-fundraising-rounds
Uniswap Labs hikes swap fee to .25% from .15% on trades through interface.
https://www.theblock.co/post/288170/uniswap-labs-hikes-swap-fee-to-25-from-15-on-trades-through-interface
Arthur Hayes shared Ethena's risk dashboard.
https://twitter.com/CryptoHayes/status/1778753854932504602
The value of NFT Bored Ape Yacht Club (BAYC) has fallen more than 13 times from its ATH in 2 years.
The current floerprice of 11.12 ETH ($33700) is the minimum since August 2021.
https://www.coingecko.com/en/nft/bored-ape-yacht-club
Crypto exchange OKX has launched X Layer on public mainnet, hoping to bring its 50 million users on-chain.
OKX’s platform token, OKB, will serve as the native asset to pay transaction fees on the Layer 2 network.
https://www.theblock.co/post/288372/okx-launches-new-layer-2-mainnet-x-layer
Trust Wallet: “We have credible intel regarding a high-risk zero-day exploit targeting iMessage on the Dark Web.
Recommended action to guard against this iMessage exploit; disable iMessages ASAP until Apple patches this.
Navigate to Settings -> Messages -> toggle iMessage off.”
https://x.com/trustwallet/status/1779961167537979775
DJ Qian (founder of Chainge, Fusion, etc.) stated that Chainge Finance funds are safe and transfers to new addresses were made to upgrade the project's smart contracts.
https://twitter.com/djqianfusion/status/1779887943366455611
Polygon Labs awarded ISO 27001 Certification.
ISO 27001 certification means hitting requirements for establishing, implementing, maintaining, and continually improving information security management systems.
https://polygon.technology/blog/polygon-labs-awarded-iso-27001-certification-the-gold-standard-of-compliance-for-information-security-management-systems
Jupiter has announced Metropolis Part 1 – enabling users to immediately trade new tokens and markets.
https://twitter.com/JupiterExchange/status/1779850490135658617
Stepn partners with Adidas to launch an NFT collection on Solana.
https://twitter.com/Stepnofficial/status/1779827559208722669
Swell is delegating up to $500M of restaked ETH to NEAR.
https://x.com/swellnetworkio/status/1779753372083724546
OKX has listed WIF and MEW.
https://www.okx.com/help/okx-to-list-wif-mew-for-spot-trading
https://www.okx.com/trade-spot/wif-usdt
https://www.okx.com/trade-spot/mew-usdt
China Asset Management, Bosera Capital, HashKey Capital Limited, etc. announced that their applications for Bitcoin and Ethereum spot ETFs have been approved by the Hong Kong Securities and Futures Commission, allowing investors to directly use Bitcoin and Ethereum to subscribe for corresponding ETF shares.
Harvest Global Investments also announced that the Hong Kong Securities and Futures Commission has approved in principle the product of Bitcoin and Ethereum digital asset spot ETFs.
https://x.com/wublockchain/status/1779752184412008585
Crypto Market Daily Review ☀️
The market is growing. Market cap is $2.38T. Bitcoin is trading at $64.8K
dropstab | icodrops | twitter | telegram
Tether co-founder Paolo Ardoino: „Tether's tokenisation platform will soon be available to everyone.“
https://twitter.com/paoloardoino/status/1779429601707425957
Puffer Finance launches "MAINNET RUSH" on April 14 at 16:00 UTC.
https://twitter.com/puffer_finance/status/1779405274295505358
ZachXBT stated that two scam projects have appeared: Leaper Finance on Blast and ZebraDao on Base.
https://twitter.com/zachxbt/status/1779333168383791411
Tensor: “Therefore, an additional 2.3% supply will be distributed to the top ~2900 users”.
https://twitter.com/TensorFdn/status/1778848625231110433