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A16z Crypto released a zkVM solution named Jolt.
Jolt will leverage SNARKs, offering a framework for roll-ups.
https://www.theblock.co/post/287211/a16z-crypto-releases-jolt-zkevm-to-help-scale-chains-with-zk-proofs
USDC is now available natively on zkSync mainnet.
https://www.circle.com/blog/native-usdc-now-available-on-zksync
CertiK recommends disabling Telegram's auto-download feature due to malicious attacks.
https://twitter.com/CertiKAlert/status/1777632812700713254
Ethena has distributed another 20% airdrop to all accounts.
https://app.liquifi.finance/app/portfolio
Arthur Hayes has introduced a new article "Heatwave".
Key points:
▫️”I previously wrote that the cessation of the US Bank Term Funding Program (BTFP) on March 12th would cause a global market rout. The BTFP was cancelled, but a vicious sell-off in crypto specifically did not occur. Bitcoin broke $70,000 decisively and topped out around $74,000. Solana kept pumping alongside various doggie and kitty meme coins.”
▫️”I will briefly outline my mental map on how and why April will experience extreme weakness in risky asset markets. For those intrepid enough to short crypto, the macro setup is favourable. While I will not outright short the market, I have closed in profit several shitcoin and memecoin trading positions. From now until May 1st, I will be in a no-trade zone. I hope to return in May with dry powder ready to deploy to position myself for the bull market to begin in earnest.”
▫️”The Bitcoin block reward is forecast to halve on April 20th. This is seen as a bullish catalyst for crypto markets. I agree that it will pump prices in the medium term; however, the price action directly before and after could be negative.”
https://cryptohayes.medium.com/heatwave-68dc6ccb3d21
Tether produced an estimated $6.2 billion in net income in 2023.
They have ~100 employees.
https://twitter.com/teddyfuse/status/1777034406030352656
EOS CEO: „Aiming to drop the new tokenomics plan by the end of the month. $EOS $RAM So much BURN!!!!“
https://twitter.com/BigBeardSamurai/status/1777368518763196809
1inch Network, a decentralized exchange (DEX) aggregator, has unveiled a crypto debit card with developer Baanx, powered by Mastercard.
The 1inch Card will allow users to use their crypto for online and in-person purchases and make cash withdrawals at supported ATMs through seamless crypto-to-fiat conversion, according to a press release.
https://www.coindesk.com/business/2024/04/08/defi-firm-1inch-introduces-web3-debit-card-in-partnership-with-mastercard-and-baanx/
https://blog.1inch.io/1inch-launches-a-web3-debit-card-in-partnership-with-mastercard-and-crypto-life/
Binance will list Tensor (TNSR) at 2024-04-08 15:30 UTC.
Tensor is a Solana NFT marketplace.
https://www.binance.com/en/support/announcement/binance-will-list-tensor-tnsr-with-seed-tag-applied-6eeb77d6863948eb8e79fc40bacabdbc
Ethena Labs has shared the approval of FRAX's singularity roadmap proposal, which includes an allocation towards a USDeFRAX POL via the Curve AMO with a $250m USDe ceiling.
https://twitter.com/ethena_labs/status/1777261242119528692
The decentralized derivatives exchange protocol dYdX has experienced a chain halt during a scheduled upgrade.
The issue is currently being investigated.
https://www.theblock.co/post/286924/dydx-experiences-chain-halt-during-upgrade-engineers-are-investigating
https://status.dydx.trade/
https://x.com/dydx_ops_subdao/status/1777285483824833014
Blast NFTs are now on OpenSea.
https://twitter.com/opensea/status/1776320381764170018
The Open Network (TON), HashKey, and Oyster Labs have joined forces to launch a new smartphone, dubbed the “Universal Basic Smartphone.”
Price: $99.
Oyster Labs is dedicated to building a mobile-first Web3 ecosystem specifically tailored for 900M Telegram users.
https://cryptobriefing.com/crypto-rumor-ton-universal-phone/
https://twitter.com/TonUP_io/status/1776974222809841857
🔥The market is growing.
Bitcoin is now trading at $71.2k.
Ethereum is now trading at $3.570.
https://dropstab.com/
Ripple CEO predicts crypto market will double in size to $5 trillion by the end of 2024.
https://www.cnbc.com/2024/04/08/ripple-ceo-crypto-market-to-double-in-size-to-5-trillion-in-2024.html
Layer 1 blockchain developer Monad Labs has finalized a $225 million round led by Paradigm.
Coinbase Ventures, Electric Capital and Greenoaks also participated in the round, among others.
Angel investors include Inversebrah, Ansem, Hsaka, punk6529, Eric Wall, Rune Christensen, Bryan Pellegrino, Luca Netz, Mert Mumtaz, and others.
https://www.theblock.co/post/287257/monad-labs-raises-225-million-in-funding-round-led-by-paradigm
Filecoin-based STFIL stated on X Tuesday that its core team members were under investigation by Chinese police.
The project said a large amount of Filecoin tokens were moved to an external address.
This address currently holds 2.5 million FIL tokens ($22 million).
https://twitter.com/stfil_io/status/1777560493017686264
https://www.theblock.co/post/287163/filecoin-stfil-china
Binance has listed Saga.
SAGA is now trading at $5.5.
FDV: $5.5B
https://www.binance.com/en/trade/SAGA_USDT
Illuvium has partnered with Samsung.
https://twitter.com/illuviumio/status/1777550522163319129
Crypto Market Daily Review ☀️
The market is growing. Market cap is $2.71T. Bitcoin is trading at $71K
dropstab | icodrops | twitter | telegram
SEC defers decision on Bitwise, Grayscale Bitcoin ETF options.
The next deadline for the SEC to either approve, deny or delay the proposed rule change on the NYSE is on May 29.
https://cointelegraph.com/news/sec-defers-decision-bitwise-grayscale-bitcoin-etf-options
The dYdX Chain has resumed operations and is producing blocks again.
https://x.com/dydx/status/1777376580718727245
Toncoin's plans for 2024
▫️Gasless transactions
▫️Optimised version of Jetton
▫️Wallet V5
▫️Hardware wallet support
▫️Tools for working with stablecoins
A crosschain bridge called Teleport was also introduced. It will provide seamless crosschain transactions.
https://www.youtube.com/watch?v=Vx40KqqH9Ms
✨Token tracking on Solana is live now!
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⚡️ April, 2024 Crypto Events Calendar by 💧 DropsTab.com
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💧 Top Funding Rounds in the Last Week
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HashKey Group, an Asia-based digital asset financial services firm, launched a global cryptocurrency exchange named HashKey Global after obtaining a relevant license in Bermuda, as part of the company’s international expansion.
The new exchange will offer trading pairs for 21 cryptocurrencies for qualified retail users.
"HashKey Group aims to establish one of the world's largest clusters of licensed exchanges within the next 5 years, surpassing all current regulated exchanges," said Livio Weng, chief operating officer of HashKey Group.
https://www.theblock.co/post/286859/hashkey-launches-global-crypto-exchange-after-bermuda-license
The trading start time for Saga (SAGA), originally set at 2024-04-09 14:00 UTC, will be advanced to 2024-04-09 08:00 UTC.
https://www.binance.com/en/support/announcement/saga-saga-listing-will-be-advanced-96ee044360b9403a985013d0b1b8224f
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $2.62T. Bitcoin is trading at $69.3K
dropstab | icodrops | twitter | telegram
Lenders using decentralised finance protocol Goldfinch are facing a big hit after another large borrower defaulted on its debts ($5.9 million).
https://www.dlnews.com/articles/defi/goldfinch-borrower-lend-east-defaults-says-warbler-labs/