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The cumulative supply of the top three stablecoins – USDT, USDC, and DAI – has increased to $141.42 billion, the highest since May 2022.
https://www.coindesk.com/markets/2024/04/03/stablecoin-expansion-continues-as-bitcoin-rally-appears-to-stall/
Binance has listed Wormhole (W).
W is now trading at $1.44.
FDV: $14.56B
https://www.binance.com/en/trade/W_USDT
Logan Kilpatrick joins Google to work on Gemini API.
https://twitter.com/OfficialLoganK/status/1775222819439149424
Notcoin reminded that the NOT token listing would take place on April 20th.
https://twitter.com/thenotcoin/status/1775192413956460959
Wormhole has introduced W launch roadmap.
▫️W launch on Solana
▫️EVM expansion with Wormhole NTT
▫️Lock W to Self-Delegate
▫️Multichain Governance
https://wormhole.com/w-launch-roadmap/
Donald Trump says when he wins the presidential election "you are all getting tax cuts" and a new "economic boom."
https://twitter.com/WatcherGuru/status/1775300911776297234
Crypto-focused firm Paradigm is in talks with investors to raise between $750 million and $850 million for a new fund, according to people familiar with the matter.
https://www.bloomberg.com/news/articles/2024-04-02/crypto-vc-paradigm-in-talks-to-raise-over-750-million-for-fund
Bitcoin miners earned a record ~$2bn in March.
The previous record of $1.74bn was set in March 2021.
https://www.theblock.co/data/on-chain-metrics/bitcoin
The recipient, wallet 0xb56, received 3.3 million Ethena tokens worth $1.96 million, according to on-chain data analyzed by Arkham Intelligence in an April 2 X post.
Ethena Labs airdropped a total of $450 million worth of tokens to participants.
https://cointelegraph.com/news/nearly-2m-ena-largest-ethena-airdrop-recipient
Clearpool has announced its expansion to Avalanche with a launch of its new real world asset (RWA)-backed product, Credit Vaults.
The inaugural Credit Vault pool has been launched by Banxa, a publicly listed global infrastructure provider enabling embedded crypto in the payments space.
https://x.com/ClearpoolFin/status/1775146193003376907
💧 Top 20 Projects by Raised Funds in Q1,2024
👉 https://dropstab.com/insights/latest-fundraising-rounds
Crypto Market Daily Review ☀️
The market is down. Market cap is $2.55T. Bitcoin is trading at $66.8K
dropstab | icodrops | twitter | telegram
Blast has launched point multipliers.
https://twitter.com/Blast_L2/status/1774930698434179240
Many altcoins decreased: GFI -9%, ETHFI -18%, T -13%, GF -12%, AXL -11%, MAGIC -11%, ANKR -11%, NEAR -7%.
https://dropstab.com/insights/top-performance
a16z is investing $30M in the next 45 days via the a16z Speedrun program.
https://twitter.com/andrewchen/status/1774836708070343131
BonusBlock, the on-chain marketplace, has raised $2.3 million from investors Laser Digital (Nomura Group), iAngels, Cogitent Ventures, NewTribe Capital, Faculty Group, Kyros, ZBS Capital, Rarestone, LVT Capital and many more, including known Co-Founder Georgios Vlachos from Axelar, Sung from Beoble, Key-Opinion Leaders IvanOnTech, AshCrypto, BrianDEvans, Icedknife, StackerSatoshi, Coachkcrypto and many more.
https://mirror.xyz/bonusblock.eth/84L2l9G9WWjUbfCOKix7ELDTuz0l9ZM0BL-ikmIGS9E
Bitcoin mining company Bitfarms will invest nearly $240 million to upgrade its Bitcoin mining equipment.
https://cointelegraph.com/news/bitfarms-bitcoin-mining-triple-hash-rate
Binance will extend the Monitoring Tag to include more tokens on 2024-04-03.
The tokens to be added to the Monitoring Tag list are: Ellipsis X (EPX), ForTube (FOR), Unifi Protocol DAO (UNFI), Waves (WAVES), Wrapped NXM (WNXM).
https://www.binance.com/en/support/announcement/binance-will-extend-the-monitoring-tag-to-include-epx-for-unfi-waves-wnxm-on-2024-04-03-b869da2d645f41dab50227335703a741
📈 Potential Binance Launchpad
💧 https://dropstab.com/tab/potential-binance-launchpad-egwf9r8wq5
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $2.52T. Bitcoin is trading at $66.2K
dropstab | icodrops | twitter | telegram
A bug in Lido's Solana protocol code is preventing withdrawals.
Lido sunset its Solana protocol in February, removing its web interface.
But the protocol still holds $24 million worth of SOL.
https://www.dlnews.com/articles/defi/lido-stsol-holders-stuck-after-code-bug-blocks-withdrawals/
Goldman Sachs сlients are not interested in crypto, says Chief Investment Officer Sharmin Mossavar-Rahmani.
https://www.coindesk.com/business/2024/04/02/goldman-sachs-clients-not-interested-in-crypto-says-chief-investment-officer-wsj/
US Government transfers 30,174 Bitcoin worth $2.1 billion seized from Silk Road to Coinbase.
https://watcher.guru/news/us-government-transfers-2-1b-in-seized-bitcoin-to-coinbase
Blast is now live on Uniswap.
https://blog.uniswap.org/blast-is-now-live-on-uniswap
https://twitter.com/Uniswap/status/1775174377459356156
Binance will list Wormhole (W) and open trading for these spot trading pairs at 2024-04-03 12:00 UTC.
Wormhole is a generic message passing protocol that enables communications between blockchains.
https://www.binance.com/en/support/announcement/binance-will-list-wormhole-w-with-seed-tag-applied-49b5a226723e407cb7044d749bfda5b2
Binance has listed Ethena (ENA).
ENA is now trading at $0.54.
FDV: $8.93B
https://www.binance.com/en/trade/ENA_USDT
Memeland has introduced the Memenet, which will use the MEME as its nativ gas token.
https://twitter.com/Memeland/status/1774949258367766586
Over the last 24 hours, long and short positions worth ~$395M have been liquidated.
https://www.coinglass.com/LiquidationData
Ethena has announced ENA Airdrop and Season 2: Sats Campaign.
Season 2 will feature new Pendle pools on Mantle, enabling users to participate with lower gas fees than on ETH Mainnet and allowing users to trade USDe YT, PT or provide liquidity to pools to earn not only Sats, but also Eigenlayer points. USDe and sUSDe/DAI pools by Morpho will also be increased.
The existing USDe Pendle pool on ETH L1 will be re-opened on April 2nd for users to roll into the new season with a 100m cap.
If a user is locked into a Season 1 position and simply takes no action, they will be eligible for boosted rewards in Season 2, specifically:
▫️Lock USDe = 20x Sats per day vs 10x Shards
▫️LP Curve USDe = 25x Sats per day vs 15x Shards
▫️Deposit USDe on Morpho/ Gearbox/ Other = 20x Sats per day vs 10x Shards
https://mirror.xyz/0xF99d0E4E3435cc9C9868D1C6274DfaB3e2721341/GTbzFynrve4gzSjIEKL0vz7Kq0UHkIiekHkup0EXgjU
Binance named a board of directors.
Gabriel Abed, who served as ambassador of Barbados to the United Arab Emirates, was named as chairman.
The seven-member board also includes Chief Executive Officer Richard Teng, along with three other company executives - Heina Chen, Jinkai He, and Lilai Wang. The two other outside members are Arnaud Ventura, managing partner at investment firm Gojo & Co, and Bayview Acquisition Corp. CEO Xin Wang.
The appointments were effective March 7, according to the Abu Dhabi Global Market website.
https://www.bloomberg.com/news/articles/2024-04-01/crypto-exchange-binance-names-its-first-board-of-directors