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
Sovereign Chains (Shards) will enable modular and customizable architectures on top of MultiversX.
https://multiversx.com/blog/multiversx-sovereign-chains-economics
https://twitter.com/MultiversX/status/1774822349071589432
✨Top Blockchains in Accumulation Phase
💧https://dropstab.com/insights/accumulation-phase
Nibiru Chain: If you participated in the Incentivized Testnet airdrop, the claims are now officially open.
https://twitter.com/NibiruChain/status/1774680578971120044
https://app.nibiru.fi/claims
Telegram enables Toncoin payments for in-platform ad purchases.
The platform plans to share 50% of ad revenue with owners of public channels. Furthermore, channel owners will be able to withdraw their rewards without fees, while the withdrawal service will become available in the coming weeks on Telegram’s Fragment exchange, according to the announcement.
https://www.theblock.co/post/285815/telegram-buy-ads-with-toncoin
https://telegram.org/blog/monetization-for-channels
Tether bought another 8,889 BTC (~$627M).
https://platform.arkhamintelligence.com/explorer/entity/tether
HKVAEX, a Binance owned exchange, will commence a phased suspension of services starting from 1 April 2024.
This will lead to a complete closure of its official website on 1 May.
https://hkvaex.zendesk.com/hc/en-us/articles/24293831257627-Phased-Suspension-and-Closure-of-HKVAEX-Platform-Services
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
XION has raised $25 million in Series A funding.
Investors: Multicoin, Animoca Brands, Arrington Capital, and others.
https://x.com/burnt_xion/status/1774791414838104310
Rumours: Notcoin (NOT) will be listed on 20 April.
https://twitter.com/thenotcoin/status/1774579148737892596
PeckShieldAlert: March 2024 witnessed 30+ hacks in the crypto space, resulting in ~$187.29 million in losses, with ~$98.8 million recovered.
This marks a decrease of ~48% from February 2024.
Top5 hacks:
1. Munchables (Juice affected): $97 million (recovered)
2. CurioNetwork: $40 million
3. PrismaFinance: $11.6 million (under negotiation)
4. NFP: $10 million
5. WooFi: $8.5 million
https://twitter.com/PeckShieldAlert/status/1774701695895027920
Roman Storm, the cofounder of Tornado Cash who was charged with several crimes related to his role in writing code for the service, has filed a motion to dismiss the charges against him.
https://www.theblock.co/post/285786/arrested-tornado-cash-dev-roman-storm-motions-to-drop-fatally-flawed-charges
https://storage.courtlistener.com/recap/gov.uscourts.nysd.604938/gov.uscourts.nysd.604938.30.0.pdf
Crypto Market Daily Review ☀️
The market is down. Market cap is $2.65T. Bitcoin is trading at $69.5K
dropstab | icodrops | twitter | telegram
Polygon Labs CEO: “L3s exist only to take value away from Ethereum and onto the L2s on which the L3s are built. You do not need L3s to scale”.
https://twitter.com/0xMarcB/status/1774551016937324949
Crypto social media firm Merkle gets unicorn valuation in Paradigm deal.
Merkle is the lead developer behind the Farcaster network.
https://www.bloomberg.com/news/articles/2024-03-30/crypto-social-media-firm-merkle-sees-1-billion-valuation-in-paradigm-deal