50895
https://icodrops.com/ - Simple and beautiful ICO Calendar with independent ratings & analytics. With us it's impossible to miss the next great #ICO. 🚀 Contacts: @icodrops_support (for any questions)
ZERO TGE is approaching on May 6th.
▫️~15-17% of the supply will go to the community as airdrop
▫️>90% of this drop will go to suppliers and borrowers
▫️~15-17% of the supply
▫️5% through Zero Gravity
▫️10-12% through earlyZERO (1:1 with ZERO)
▫️40% upfront
▫️3 months cliff
▫️3 months linear
https://twitter.com/zerolendxyz/status/1784857103435276525
EigenLayer TVL exceeded $16B.
https://defillama.com/protocol/eigenlayer
ConsenSys gives four reasons why Ethereum is not a security.
1. Historical SEC Stance on Ethereum
In 2018, William Hinman, then Director of the Division of Corporation Finance at the SEC, made a significant speech indicating that Ethereum was not considered a security.
2. CFTC’s Classification as a Commodity
The Commodity Futures Trading Commission (CFTC), another regulatory authority in the US, has consistently recognized Ethereum as a commodity.
3. Decentralization and Open Protocol
The essence of Ethereum’s architecture lies in its decentralization. Unlike securities, which a central entity typically governs to benefit insiders with asymmetric information, Ethereum operates on a platform where all information is openly accessible.
4. Irrelevance of the Consensus Mechanism Shift
Ethereum’s recent transition from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism has been cited by the SEC as a potential reason for reclassification. However, this change does not inherently affect Ethereum’s operation’s core nature or its non-security classification.
https://beincrypto.com/reasons-ethereum-is-not-security-consensys/
Andrei Grachev (DWF Labs): “Seems like the market joined a quite calm and boring phase. We need more drivers for money inflow. Nice time for buidl, ok time for invest and raise.
Bleeding/flat mode for a next few months, then activity increase on the market, maybe ETHETF, and bullish again.”
https://twitter.com/ag_dwf/status/1784201306028314905
GnosisDAO invests $1.5 million and 500 GNO tokens in HOPR to undertake the development of the fully decentralised GnosisVPN.
The prices of HOPR and GNO remained at the same levels.
https://twitter.com/GnosisDAO/status/1783874344013463583
The DTCC says that starting next Tuesday ETFs that have Bitcoin or any other cryptos will have zero collateral value for loans.
https://www.dtcc.com/-/media/Files/pdf/2024/4/26/B20002-24.pdf
Eminem posted a new Crypto.com advertisement to X.
https://twitter.com/Eminem/status/1783859123614052845
https://www.theblock.co/post/291168/eminem-replaces-matt-damon-stepping-up-to-the-mic-in-crypto-com-ad
a16z has introduced 5 rules for token launches.
Rule 1: Never publicly sell tokens in the U.S. for fundraising purposes
Rule 2: Make decentralization the North Star
Rule 3: Communication is everything. Govern yourself accordingly
Rule 4: Be careful about secondary market listings and liquidity
Rule 5: Always make token lockups apply for at least one year from token launch
https://a16zcrypto.com/posts/article/5-rules-for-token-launches/#section--1
💧 Top Funding Rounds in the Last Week
👉 https://dropstab.com/insights/latest-fundraising-rounds
Memecoin airdrops briefly cover cost of Solana ‘Chapter 2’ mobile phone.
The current value of airdrops for Chapter 2 is around $385, with pre-orders for the phone costing $450 ahead of its tentative 2025 rollout.
https://www.theblock.co/post/291108/cat-themed-memecoin-airdrops-solana-mobile-chapter-2
💧Current state of the market in our weekly overview
dropstab | icodrops | twitter | telegram
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $2.40T. Bitcoin is trading at $64.4K
dropstab | icodrops | twitter | telegram
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
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/
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
Crypto Market Daily Review ☀️
The market is down. Market cap is $2.35T. Bitcoin is trading at $62.3K
dropstab | icodrops | twitter | telegram
ASX Ltd., which handles around four-fifths of the country’s equity trading, is expected to approve the first spot-Bitcoin ETFs for the main board before the end of 2024.
https://www.bloomberg.com/news/articles/2024-04-28/bitcoin-btc-etf-bandwagon-heads-to-australia-after-53-billion-haul-in-us
Uniswap CEO on SEC Suit: “If they tax unrealized gains, they need to pay back impermanent loss for Uniswap LPs”.
https://twitter.com/haydenzadams/status/1784226118695809248
Io.net blocked the airdrop farmers who got angry for their GPUs being blocked from the network and attacked its community by exploiting unauthorized access to the users devices private name and gpu models.
All device data was successfully restored.
https://twitter.com/shadid_io/status/1783884054527381653
Friend.tech: Snapshot complete.
https://twitter.com/friendtech/status/1783917297523945588
Yuga Labs restructures company, cuts roles to focus on smaller crypto-native team.
https://www.theblock.co/post/291224/yuga-labs-restructures-company-cuts-roles-to-focus-on-smaller-crypto-native-team
$1.3 billion in USDC transferred to Coinbase.
https://twitter.com/Cointelegraph/status/1783784168238756253
America’s oldest bank, BNY Mellon reports exposure to Bitcoin ETFs in 13F filings.
https://x.com/bitcoinmagazine/status/1783808842423325154
https://www.sec.gov/Archives/edgar/data/1390777/000139077724000062/xslForm13F_X02/xml_filing.xml
Yao Qian, the architect of China's central bank digital currency (CBDC) project, is under investigation for 'violations of discipline and law'.
https://www.coindesk.com/policy/2024/04/26/ex-head-of-chinas-digital-yuan-effort-facing-government-probe-report/
The Securities and Exchange Commission filed charges against Geosyn Mining, LLC, a Texas-based crypto asset mining and hosting company, and its co-founders, Caleb Ward and Jeremy McNutt, for engaging in an unregistered and fraudulent securities offering.
https://www.sec.gov/litigation/litreleases/lr-25983
Chain of Alliance launches beta on April 29th.
https://twitter.com/chainofalliance/status/1782756327959441453
Heroes of Mavia: “All other token allocation categories will see an 80% reduction in emissions until February 2025.”
https://x.com/maviagame/status/1783642533098311975
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
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
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