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Tensor: “Therefore, an additional 2.3% supply will be distributed to the top ~2900 users”.
https://twitter.com/TensorFdn/status/1778848625231110433
Coinbase files interlocutory appeal in its case against the SEC.
In its motion, the exchange will be appealing the issue of whether the SEC has authority over digital asset transactions as investment contracts.
https://www.theblock.co/post/288155/coinbase-files-interlocutory-appeal-in-its-case-against-the-sec
Layer 1 blockchain developer Berachain raised $100 million in Series B funding.
Framework Ventures and the Abu Dhabi branch of Brevan Howard Digital (BH Digital) co-led a $100 million Series B round.
Additional financial support came from Polychain Capital, Hack VC, Samsung Next, Laser Digital from Nomura Group, Hashkey Capital, Nomad Capital, Hypersphere, Arrington Capital, Cypher Capital, Tribe Capital, Rubik, Dragonfly’s Bo Feng, Animoca Brands’ Yat Siu, Temasek’s Antony Lewis, Polygon’s Sandeep Nailwal and others.
https://www.theblock.co/post/288066/layer-1-blockchain-developer-berachain-raises-100-million-in-series-b-funding
💧Current state of the market in our weekly overview
dropstab | icodrops | twitter | telegram
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $2.66T. Bitcoin is trading at $71K
dropstab | icodrops | twitter | telegram
Users of the decentralized finance (DeFi) app Pac Finance have reportedly suffered $24 million in liquidations on April 11 because of a sudden parameter change made by a developer wallet, according to multiple reports on social media and the app’s official Discord server.
Pac Finance is a crypto lending app that runs on Blast network.
https://cointelegraph.com/news/pac-finance-reportedly-causes-24-million-liquidations-sudden-parameter-change
Omni Network has introduced OMNI Genesis airdrop details.
The Omni Foundation will soon launch OMNI as an ERC-20 token on Ethereum with a total supply of 100,000,000; 3,000,000 of which (3% of the total OMNI supply) will be distributed as part of the airdrop.
▫️Omni Community: 1,500,000 OMNI – 50% of Genesis airdrop
▫️EigenLayer Restakers
400,000 OMNI – 13.3% of Genesis airdrop
▫️Beacon Chain Solo Stakers
300,000 OMNI – 10% of Genesis airdrop
▫️Milady Maker & Redacted Remilio Babies NFT Holders: 380,000 OMNI – 12.7% of Genesis airdrop
▫️Pudgy Penguin NFT Holders: 170,000 OMNI – 5.7% of Genesis airdrop
▫️The Ninjas NFT Holders: 75,000 OMNI – 2.5% of Genesis airdrop
▫️Strategic Partner Protocols: 175,000 OMNI – 5.8% of Genesis airdrop
https://news.omni.network/the-omni-genesis-airdrop/
Azuro has closed a pre-launch funding round, bringing the total capital raised to $11M.
Investors: SevenX Ventures, Fenbushi Capital, Arrington Capital, Polymorphic Capital, Red Beard Ventures, Dewhales Capital, and G1 Ventures.
Azuro is the onchain predictions layer.
https://twitter.com/azuroprotocol/status/1778417282940571712
https://azuroprotocol.medium.com/azuro-completes-pre-launch-round-raising-total-funding-to-11m-c795e556ea48
Omni has joined the Injective Ninja academy as an airdrop instructor.
Premier Ninjas is a top NFT collection on Injective.
https://x.com/OmniFDN/status/1777347437675557032
5ireChain partners with Carbon Browser.
Developed by Carbon X Labs, Carbon Browser is a Web3 browser built on a custom fork of Chromium.
https://5ire.medium.com/5irechain-partners-with-carbon-browser-d8de70a91dca
https://twitter.com/5ireChain/status/1778092796743705012
Coinbase Derivatives has become the first CFTC-regulated exchange to offer margined Bitcoin Cash and Litecoin futures contracts, which launched earlier this month and are performing well.
Bitcoin Cash and Litecoin contracts launched on April 1, with Dogecoin futures launching later this month.
These contracts will be available for trading via its broker and FCM partners.
https://www.coinbase.com/de/blog/coinbase-derivatives-has-successfully-launched-bitcoin-cash-and-litecoin
Binance has listed Bittensor (TAO).
TAO is now trading at $709.
FDV: $4.6B
https://www.binance.com/en/trade/TAO_USDT
💧Top Solana Projects by Revenue in the Last 30 Days
👉 https://dropstab.com/categories/solana-ecosystem
Binance will list Bittensor (TAO) at 2024-04-11 12:00 UTC.
Bittensor is a P2P machine learning protocol that incentivizes participants to train and operate machine learning models in a distributed manner.
https://www.binance.com/en/support/announcement/binance-will-list-bittensor-tao-with-seed-tag-applied-dd856efc9c1a4a209eb48992e190e4d6
MarginFi TVL fell by $120 million after the founder resigned.
Solend will airdrop to users who withdraw from MarginFi and deposit into Solend.
https://twitter.com/edgarpavlovsky/status/1778175476118302775
https://x.com/solendprotocol/status/1778188189016203752
EigenLayer is removing ALL LST caps and unpausing deposits starting April 16th, 16:00 UTC.
https://www.blog.eigenlayer.xyz/unpausing-restaking-caps-on-april-16th/
https://twitter.com/eigenlayer/status/1778885106960081116
Overlay Protocol has announced the ETH Burn Rate Market.
The ETH Burn Rate market is coming soon to Overlay, along with other metrics of Ethereum, such as the Ethereum Volatility Index.
https://x.com/overlayprotocol/status/1778713103162585430
Hong Kong regulators could approve spot ETFs based on bitcoin and ether as early as Monday, according to Bloomberg, which cited people familiar with the matter.
https://www.theblock.co/post/288059/hong-kong-to-approve-spot-bitcoin-ether-etfs-as-soon-as-monday-bloomberg
Binance has announced the 52nd project on Binance Launchpool - Omni Network (OMNI).
Users will be able to stake their BNB and FDUSD into separate pools to farm OMNI tokens over four days, with farming starting from 2024-04-13 00:00 UTC.
Binance will then list OMNI at 2024-04-17 12:00 UTC and open trading with OMNI/BTC, OMNI/USDT, OMNI/BNB, OMNI/FDUSD and OMNI/TRY trading pairs.
https://www.binance.com/en/support/announcement/introducing-omni-network-omni-on-binance-launchpool-farm-omni-by-staking-bnb-and-fdusd-3954d04933da443ab539ca38616013de
TON Foundation airdropped 300K TON (~$2.18M) to the most active memecoin traders on DeDust and Ston.fi.
https://twitter.com/ton_blockchain/status/1778456390069096626
FTX founder Sam Bankman-Fried filed to appeal his conviction and sentence for fraud and conspiracy charges.
The FTT price has increased by 11%.
https://www.coindesk.com/policy/2024/04/11/ftx-founder-sam-bankman-fried-appeals-conviction/
Bitfinex Securities is launching a tokenized debt issue to construct a Hampton by Hilton hotel complex at El Salvador International Airport.
The issuance aims to raise $6.25 million for the 4,484-square-meter development.
https://www.theblock.co/post/287768/bitfinex-securities-tokenized-debt-issue-el-salvador-airport-hotel-complex
The SEC investigated NBA Top Shot developer Dapper Labs, but decided to close case in September.
https://fortune.com/crypto/2024/04/11/sec-dapper-labs-investigation-case-closed-september-2023-roham-gharegozlou/
CoinList has announced the TeleportDAO Token Sale.
The purchase period begins now and ends on April 18, at 17:00 UTC.
The sale has one public option:
Supply: 70,000,000 TST tokens (7% of the total supply)
Price: $0.075
Lockup & Release: 20% unlocks after 75 day period, remaining 80% vesting over 6 months.
Token exchange listing is expected to occur on or around July 17, 2024
Initial Purchase Limits: $100.00 minimum, $2,000.00 maximum (USDT/USDC only)
https://coinlist.co/teleportdao
Binance Labs has invested in BounceBit, a Bitcoin restaking and CeDeFi protocol.
https://www.binance.com/en/blog/ecosystem/binance-labs-invests-in-bouncebit-to--support-bitcoin-restaking-and-cedefi-innovations-1590042846148031642
Circle announced new smart contract functionality that would allow holders of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to transfer their shares to Circle for USDC.
https://www.businesswire.com/news/home/20240411966052/en/Circle-Announces-USDC-Smart-Contract-for-Transfers-by-BlackRock%E2%80%99s-BUIDL-Fund-Investors
Bankrupt Voyager platform secures $484M for creditor repayments.
https://cointelegraph.com/news/bankrupt-voyager-484-35-m-creditor-repayment
Masa Network (MASA) trading has started on ByBit, Gate, KuCoin, Huobi, PancakeSwap, CoinList Exchange and Uniswap.
MASA is now trading at $0.42 (~5x from the token sale price on CoinList: $0.079).
https://www.gate.io/trade/MASA_USDT
Crypto Market Daily Review ☀️
The market is growing. Market cap is $2.66T. Bitcoin is trading at $70.6K
dropstab | icodrops | twitter | telegram
Uniswap CEO on SEC lawsuit:
“Today Uniswap Labs received a Wells notice from the SEC.
I’m not surprised. Just annoyed, disappointed, and ready to fight.
I am confident that the products we offer are legal and that our work is on the right side of history. But it’s been clear for a while that rather than working to create clear, informed rules, the SEC has decided to focus on attacking long-time good actors like Uniswap and Coinbase. All while letting bad actors like FTX slip by.
Fast forward to today, the Uniswap Protocol has processed over $2 trillion in volume. Many thousands of teams and developers have forked our code or built on top of it. We built entirely new financial infrastructure that is transparent, fair, secure, and accessible powering an entire industry.
The team at Uniswap did all of this in the US from our office in New York City.
People often ask me why we stay in the US and my answer is simple: I believe that blockchain is incredibly powerful technology. Like the Internet, it’s here to stay. So someone needs to figure it out, and it might as well be us.
The SEC’s mission is “protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation.” This is a noble mission. I would argue Uniswap does a far better job of this today than the SEC.
Yes, I'm frustrated that the SEC seems to be more concerned with protecting opaque systems than protecting consumers. And that we'll have to fight a US government agency to protect our company and our industry.
And of course, we won’t stop shipping.”
https://twitter.com/haydenzadams/status/1778126466984575166