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Polygon and StarkWare introduced a new proof system Circle STARK.
https://x.com/0xpolygon/status/1760397202675970257
NFT giant Yuga Labs has replaced its CEO, former Activision Blizzard executive Daniel Alegre, with Yuga co-founder Greg Solano.
https://www.theblock.co/post/278443/yuga-labs-co-founder-greg-solano-a-k-a-garga-to-take-over-ceo-role
https://twitter.com/CryptoGarga/status/1760346335247548820
The High Court in Podgorico made the decision to extradite Kwon to the U.S. and rejected South Korea’s request to extradite the former executive, according to local media site Pobjeda.
https://www.theblock.co/post/278444/terraform-labs-do-kwon-set-to-be-extradited-to-the-u-s-according-to-local-media
The Oasis Network 2024 Roadmap
https://oasisprotocol.org/blog/oasis-engineering-2024-roadmap
Forgotten Playland token is live
FP is now trading on Uniswap at $0.0655, 16,4x from the IDO price on Ape Terminal ($0.004)
Market cap - $36 million
FDV - $655 million
Forgotten Playground previously raised $7 million from Merit Circle, Spartan Group, and others.
https://x.com/forgotplayland/status/1760304712522367469
https://dexscreener.com/ethereum/0x816afc7f25a81f0496d1e9ef0f4023a23cca37f3
Rumours: Cosmos Hub fork AtomOne is set to launch mainnet next Tuesday, on February 27th.
https://twitter.com/Cryptocito/status/1760209628669862007
💧Recent Investments by Tier-1 Funds
👉 https://dropstab.com/investors
Kelp DAO has introduced KEP.
Kelp is a restacking protocol for EigenLayer, run by the LST Stader team.
KEP (Kelp Earned Points) is designed to be a game-changer in the restaking landscape. It is a token representation of EigenLayer Point earned by Kelp where 1 KEP = 1 EL Point.
▫️Restakers can claim their KEP tokens on Kelp dApp soon.
▫️Each week, the restakers can choose to claim the EigenLayer Points they earned in the previous week.
▫️Kelp will charge a 0.5% fee for claimed KEP tokens for enabling DeFi operations. This fee will be utilized to incentivize restakers on Kelp DAO.
▫️Not claiming KEP tokens is completely fine. Unclaimed KEP tokens will be attributed to the restakers that did not claim KEP at the time of rewards disbursal of EigenLayer or other protocols.
▫️For any rewards issued by EigenLayer or other protocols for EigenLayer Points, KEP holders will receive rewards in proportion to the EigenLayer Points their KEP token holdings represent.
https://blog.kelpdao.xyz/introducing-kep-kelp-earned-points-13877023853a
MetaMask reported the number of monthly active users has climbed 55% in four months — jumping from 19 million in September to more than 30 million in January.
https://blockworks.co/news/metamask-monthly-active-users-blockaid
Coinlist has announced CrossFi Chain Incentivized Testnet.
The overall testnet program is expected to last ~3 months:
For validators: 3 months (Start day: Feb. 20)
For developers: 2 months (after validators) (Start day: March 10)
For users: 2.5 months (Start day: March 15)
Allocated Rewards: 420,000,000 MPX (4.88% of the total MPX supply)
CrossFi Chain is a layer 1 blockchain with a modular architecture. It consists of two integral parts, Cosmos and EVM.
https://coinlist.co/crossfi-testnet
CoinList has announced the Masa Community Sale.
Masa is the world’s largest decentralized personal data network, shifting the power of data back to users.
The sale begins on March 7, 2024 at 16:00 UTC and has one public option:
Price: $0.079
Supply: 63,554,660 MASA tokens (4% of the total supply)
Lockup & Release: 25% released at TGE followed by a 6-month linear vesting; centralized exchange listing is expected to occur on or around April 11, 2024
Initial Purchase Limits: $50 minimum, $2,000 maximum (USDT/USDC only)
Registrations Deadline: March 4, 2024 at 12:00 UTC
https://coinlist.co/masa
Circle is discontinuing support for USDC on the TRON blockchain in a phased transition.
Circle will no longer mint USDC on TRON. Circle will support Circle Mint customers’ transfer(s) of USDC to other blockchains through February 2025. As Circle only serves business and institutional customers, retail users and other non-Circle customers can move their USDC on TRON to an exchange or distributor where it can be transferred to another blockchain where USDC is supported.
https://www.circle.com/blog/circle-is-discontinuing-support-for-usdc-on-the-tron-blockchain
VanEck Spot Bitcoin ETF trading volume has grown 14 times.
https://x.com/bitcoinmagazine/status/1760028405058220379
Cryptocurrency investors took to X to express their concern about the staking yield of Ethena Labs’ newly launched stablecoin.
Ethena Labs launched its USDe stablecoin on the public mainnet on Feb. 19, according to an X post from the company’s official page. The USDe Ethereum-based synthetic dollar currently offers a 27.6% annual percentage yield (APY), according to Ethena Labs’ homepage. This is considerably higher than the 20% yield offered by Anchor Protocol on Terra’s UST before the algorithmic stablecoin issuer Terra collapsed in May 2022.
https://cointelegraph.com/news/ethena-usde-27-yield-concerns
OP rose 7% after X (Twitter) tweeted "optimism always wins".
https://dropstab.com/coins/optimism
https://twitter.com/X/status/1759931903505834212
Nvidia reported that its $22.1 billion revenue—logged in the fourth quarter ending January 28, 2024—was 22% higher than the previous quarter and 265% higher than the year before.
https://decrypt.co/218491/nvidia-quarterly-report-massive-growth-ai-stocks-tokens
bitsCrunch announced the launch of the bitsCrunch Network mainnet.
BCUT holders will be able to delegate tokens to validators with an APY between 15% and 20% annually.
https://twitter.com/bitsCrunch/status/1760320218704822591
Coinbase lists Starknet (STRK).
https://twitter.com/CoinbaseAssets/status/1760346171845775651
Fuel Labs, the developer of the optimistic rollup project Fuel V1, announced the evolution of the project into the “Rollup OS” ahead of its mainnet release in Q3 2024.
https://www.theblock.co/post/278351/fuel-labs-rollup-os-mainnet-q3
Ronin launches restaking.
https://twitter.com/Ronin_Network/status/1760281588145750435
MultiversX blockchain node services are now available on Google Cloud.
Businesses together with the millions of developers on Google Cloud can now discover MultiversX technology, customize, manage, and deploy solutions for decentralized applications.
https://multiversx.com/blog/multiversx-google-cloud-blockchain-services
My Neighbor Alice has released a roadmap for 2024 and announced the launch of Beta Season 1.
https://myneighboralice.medium.com/whats-next-for-my-neighbor-alice-5b0d6791c2cf
Scroll has announced that it has encountered a wave of repository spam on GitHub.
https://x.com/pseudotheos/status/1759188530037674019?s=20
Binance has announced the 47th project on Binance Launchpool - Portal (PORTAL).
Users will be able to stake their BNB and FDUSD into separate pools to farm PORTAL tokens over seven days, with farming starting from 2024-02-22 00:00 UTC.
Binance will then list PORTAL at 2024-02-29 10:00 UTC and open trading with PORTAL/BTC, PORTAL/USDT, PORTAL/BNB, PORTAL/FDUSD and PORTAL/TRY trading pairs.
https://www.binance.com/en/support/announcement/introducing-portal-portal-on-binance-launchpool-farm-portal-by-staking-bnb-and-fdusd-0620f90f55f2420b89158808380b6c9d
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $2.00T. Bitcoin is trading at $51.6K
dropstab | icodrops | twitter | telegram
Michael Saylor doesn’t plan to sell any of MicroStrategy' (MSTR)s bitcoin (BTC) anytime soon, or potentially ever, he said in an interview with Bloomberg TV.
Saylor's MicroStrategy held 190,000 bitcoins at the end of January which it bought for an average of $31,224 per coin. The company’s holdings are worth about $10 billion, with $4 billion of that profit.
https://www.coindesk.com/business/2024/02/20/michael-saylor-on-exiting-bitcoin-bitcoin-is-the-exit-strategy/
ApeCoin has announced a mascot for the brand - the ApeKin 3D model.
https://twitter.com/apecoin/status/1759999402758849021
Mito launches on the Injective mainnet, introducing its automated vault platform and Launchpad to the broader Web3 community.
https://x.com/MitoFinance/status/1759987139213771202?s=20
bitsCrunch (BCUT) trading has started on KuCoin, CoinList Pro, Gate and Bybit.
BCUT is now trading at $0.39 (~7x from the sale price on CoinList).
Market Cap: $36.86M
FDV: $399.30M
https://dropstab.com/coins/bitscrunch
CPOOL is being listed on Bybit on February 21, at 10:00 UTC.
https://x.com/ClearpoolFin/status/1759882761748525202