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ICO Drops - ICO News & Alerts

Crypto Market Daily Review ☀️

The market is neutral. Market cap is $2.40T. Bitcoin is trading at $64.4K

dropstab | icodrops | twitter | telegram

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ICO Drops - ICO News & Alerts

The first satoshi mined from the fourth Bitcoin halving block — has been sold at the auction for $2.13M.

https://twitter.com/Cointelegraph/status/1783648287834411051

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ICO Drops - ICO News & Alerts

Consensys filed a lawsuit against the Securities and Exchange Commission.

The company wants a federal court to declare that ETH is not a security.

https://twitter.com/Consensys/status/1783562212667453837
https://www.coindesk.com/policy/2024/04/25/consensys-sues-sec-over-unlawful-seizure-of-authority-over-ethereum/

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ICO Drops - ICO News & Alerts

Movement, the first Move-EVM L2 on Ethereum, has raised $38M in a Series A funding round led by Polychain Capital.

Investors: Hack VC, Placeholder, Archetype, Maven 11, Robot Ventures, Figment Capital, Nomad Capital, Bankless Ventures, OKX Ventures, dao5, and Aptos Labs.

https://x.com/movementlabsxyz/status/1783511681928175791

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ICO Drops - ICO News & Alerts

⚡️ ~$4.6M SOLD OUT in 3 minutes at the Sophon project! ⚡️

The ICO Drops community just closed a ~$4.6M node sale round at the Sophon project in a record 3 minutes. Drops Ventures, Sophon, Merit Circle, Impossible Finance a partnership that’s breaking records!

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ICO Drops - ICO News & Alerts

MicroStrategy could merit S&P 500 inclusion if it adopts new accounting rules.

The FASB issued guidance in December last year that allows companies that hold digital assets on their balance sheet to measure them at fair value, and record changes in fair value in net income in each reporting period. The new rules become effective as of Jan. 1, 2025, but early adoption of the standard is allowed.

https://www.coindesk.com/business/2024/04/25/microstrategy-could-merit-sp-500-inclusion-if-it-adopts-new-accounting-rules-benchmark/

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ICO Drops - ICO News & Alerts

Chris Langalis' notebook with the inscription ‘Buy Bitcoin’ was sold for 16 BTC ($1M) in the auction.

https://twitter.com/harry_forj/status/1783355527159783840

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ICO Drops - ICO News & Alerts

Forgotten Playland has announced HyperPlay as its official launch partner for Forgotten Playland.

Launch date: April 25th, 14:00 UTC

https://twitter.com/ForgotPlayland/status/1783133797778706513

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ICO Drops - ICO News & Alerts

Founders and CEO of cryptocurrency mixing service arrested and charged with money laundering and unlicensed money transmitting offenses.

Keonne Rodriguez and William Lonergan Hill are charged with operating Samourai Wallet, an unlicensed money transmitting business that executed over $2 billion in unlawful transactions and laundered over $100 million in criminal proceeds.

https://www.justice.gov/usao-sdny/pr/founders-and-ceo-cryptocurrency-mixing-service-arrested-and-charged-money-laundering

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ICO Drops - ICO News & Alerts

After negative feedback about the drop, Renzo changed the tokenomics, increasing the airdrop for the community.

Snapshot & Claim Timeline:
▫️
Snapshot date remains on April 26th, 2024
▫️Claim date is changing to April 30th, 2024 (1 hour before Binance listing)

Tokenomics Update:
▫️Community: Total increasing from 30% to 32%
▫️Total Airdrop allocation increasing from 10% to 12%
▫️Season 1 increased from 5% to 7% total supply
▫️(2% increase is coming from Liquidity (MMs) & Foundation)
▫️Season 2 allocation remains at 5% total supply

Airdrop Eligibility:
▫️Minimum qualification is 360 ezPoints per wallet
▫️Majority of all eligible wallets, greater than 99%, are fully unlocked at TGE
▫️Wallets with more than 500k ezPoints will unlock 50% at TGE with the remainder now vesting linearly over 3 months

https://twitter.com/RenzoProtocol/status/1783277589525594231

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ICO Drops - ICO News & Alerts

Crypto Market Daily Review ☀️

The market is down. Market cap is $2.39T. Bitcoin is trading at $64.1K

dropstab | icodrops | twitter | telegram

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ICO Drops - ICO News & Alerts

Sophon has announced the sale details:

▫️Whitelist Sale 25th of April 9:00 UTC
▫️Public Sale 30th of April 9:00 UTC

https://twitter.com/sophon/status/1783071044053393857

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ICO Drops - ICO News & Alerts

The Central Bank of Nigeria (CBN) has been forced to deny a report saying it issued a directive requiring all banks and financial institutions to identify individuals or entities engaging in transactions with cryptocurrency exchanges and to ensure that such accounts are put on Post No Debit (PND) instruction for six months.

https://cointelegraph.com/news/nigerian-central-bank-freeze-user-accounts

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ICO Drops - ICO News & Alerts

The BNB Foundation has officially announced the successful completion of the 27th quarterly BNB token burn by BNB Chain.

▫️Auto-Burn (Total BNB burned): 1,944,452.51 BNB
▫️Approximate value in USD around the time of burn: ~$1.17B

https://www.bnbchain.org/en/blog/27th-bnb-burn

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ICO Drops - ICO News & Alerts

GuildFi has rebranded to Zentry.

The GF --> ZENT (1:10) migration is schedule on the 25th April 2024.

https://medium.com/zentry/introducing-zentry-the-gaming-superlayer-60ab6c9f8c90

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ICO Drops - ICO News & Alerts

Heroes of Mavia: “All other token allocation categories will see an 80% reduction in emissions until February 2025.”

https://x.com/maviagame/status/1783642533098311975

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ICO Drops - ICO News & Alerts

The venture firm Pantera Capital wants to raise $1 billion for a new crypto fund.

Pantera Fund V, as its called, would focus on startup equity, early-stage tokens and liquid tokens among others assets.

https://www.theblock.co/post/291035/pantera-capital-1-billion-new-crypto-venture-fund-pantera-fund-v

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ICO Drops - ICO News & Alerts

Coinbase will add support for Aevo, Ethena, and Etherfi perpetual futures on Coinbase International Exchange and Coinbase Advanced.

The opening of our AEVO-PERP, ENA-PERP, and ETHFI-PERP markets will begin on or after 9:30 UTC on 2 MAY 2024.

https://twitter.com/CoinbaseIntExch/status/1783526225853534342

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ICO Drops - ICO News & Alerts

Injective has integrated with XION, the first L1 built for mainstream adoption through generalized abstraction.

This integration sets the stage for non-crypto natives to onboard onto Injective, advancing the mission to democratize finance through decentralization.

https://x.com/injective/status/1783496528490795174

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ICO Drops - ICO News & Alerts

Immutable is launching crypto gaming rewards program worth $50 million.

https://www.theblock.co/post/290940/immutable-launching-crypto-gaming-rewards-program-worth-50-million

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ICO Drops - ICO News & Alerts

Crypto Punk #635 sold for 4,000 ETH (~$12.41 million).

https://cryptopunks.app/cryptopunks/details/635

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ICO Drops - ICO News & Alerts

Binance has announced the first project on Binance Megadrop - BounceBit (BB).

Users can start participating in the BounceBit Megadrop from 2024-04-26 00:00:00 UTC.

Binance will then list BounceBit (BB) at 2024-05-13 10:00 UTC and open trading with BB/BTC, BB/USDT, BB/BNB, BB/FDUSD and BB/TRY trading pairs.

Web3 Quest 1: “Stake 0.0001 BTCB to BounceBit”

BounceBit Megadrop Details:
▫️Token Name: BounceBit (BB)
▫️Max Token Supply: 2,100,000,000 BB
▫️Megadrop Token Rewards: 168,000,000 BB (8% of max token supply)
▫️Initial Circulating Supply: 409,500,000 BB (19.5% of max token supply)
▫️Smart Contract Details: BounceBit
▫️User Eligibility: KYC required in eligible jurisdictions
▫️Hard Cap per User: 1,344,000 BB
▫️Rewards Calculation: Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
▫️Locked BNB Score (based on hourly snapshots during the BNB Locked Products Snapshot Period) = (Average 120-day BNB Locked Amount x 130) + (Average 90-day BNB Locked Amount x 120) + (Average 60-day BNB Locked Amount x 110) + (Average 30-day BNB Locked Amount x 100)
▫️Web3 Quest Multiplier: 1.5
▫️Web3 Quest Bonus: 1,000

https://www.binance.com/en/support/announcement/bouncebit-bb-megadrop-is-now-open-subscribe-to-bnb-locked-products-or-complete-web3-quests-to-participate-a0a11e79467e4ee6a937348005f7c84f

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ICO Drops - ICO News & Alerts

GuildFi launched a portal for GF -> ZENT token migration.

Your tokens will be converted at a 1:10 ratio.

https://guildfi.com/migration

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ICO Drops - ICO News & Alerts

The Mocaverse (MOCA) public sale has started on CoinList.

▫️ Sale Period: Apr 25 00:00 UTC - May 2 00:00 UTC
▫️Token Allocation for Launch: 126,984,127 MOCA
▫️Price: $0.03938
▫️FDV: $350,000,000.00
▫️Vesting: 5% unlock at TGE, on or around May 24, 2024, followed by a 3 month cliff period with a 52-week weekly linear release
▫️Minimum Purchase Amount: $100

https://twitter.com/MocaverseNFT/status/1783285052488777936
https://coinlist.co/moca

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ICO Drops - ICO News & Alerts

EU votes to ban anonymity for crypto and increase monitoring of users.

The bill passed by the European Parliament will force crypto firms to collect more data on users and their transactions, enforce stronger monitoring of non-custodial wallets, and ban tools bolstering anonymity such as crypto mixers and privacy tokens.

https://www.dlnews.com/articles/regulation/eu-parliament-passes-anti-money-laundering-bill/

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ICO Drops - ICO News & Alerts

MultiversX is partnering with the infrastructure leaders at Bware Labs to launch a brand-new grant program.

https://multiversx.com/blog/multiversx-bware-grant-program
https://twitter.com/MultiversX/status/1783141325832863881

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ICO Drops - ICO News & Alerts

Starknet: “Dear Starknet community,

Last month, we updated you about the efforts to assist three sub-categories that were eligible for Round 1 of Starknet Provisions but had trouble claiming.

These groups are:

1. Pooled stakers
2. StarkEx users who were mislabeled as VeVe users:
3. VeVe users

In the coming hours, eligible recipients from the following groups will be able to claim their STRK directly through the Provisions portal: provisions.starknet.io “.

https://twitter.com/StarknetFndn/status/1783050200384250203

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ICO Drops - ICO News & Alerts

📈 Top 10 Gainers in Bitcoin Ecosystem YTD

💧 https://dropstab.com/tab/bitcoin-ecosystem-performance-82njk73mgx

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ICO Drops - ICO News & Alerts

Binance founder Changpeng Zhao should spend 3 years in prison, DOJ says.

Attorneys with the DOJ filed a sentencing memo arguing he should spend 36 months in prison and pay a $50 million fine after he pleaded guilty to violating the Bank Secrecy Act last November.

https://www.coindesk.com/policy/2024/04/24/binance-founder-changpeng-zhao-should-spend-3-years-in-prison-doj-says/

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ICO Drops - ICO News & Alerts

Renzo introduced REZ tokenomics and ezPoints claiming details.

Some highlights from Season 1:
▫️$3.5b in deposits
▫️33.5% Restaking Market Share
▫️Top 10 DeFi protocol by TVL
▫️250k+ users

Claiming REZ
▫️
Renzo ezPoints will be used to distribute 500M REZ on May 2nd, or 5% of the total supply of REZ, in a linear fashion according to each user's accumulated ezPoints.
▫️Users can go to claim.renzoprotocol.com to claim their REZ on May 2nd.
▫️The top 5% percentile wallets will have a 50% unlock at TGE, with the remaining 50% unlocking monthly over 6 months.
▫️Lastly, 2% of the initial 5% airdrop, or 0.1% of the total supply has been allocated to the following communities:
1. Milady Maker
2. SchizoPosters
▫️Season 2 starts Friday, April 26th, 2024.
▫️All users in the ezETH ecosystem are eligible for points allocation in the new season. Further details on Season 2 will be announced soon. Boost - Season 1 eligible wallets will receive a 10% additional boost for Season 2 as long as your ezETH balance from Season 1 remains in your wallet or in any of the Renzo DeFi integrations.

https://mirror.xyz/renzoprotocol.eth/gwO9wyZoOTg79yUw1hnS6q_eJGvfCj1CkmQFa8z32zU

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