💧 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
⚡️ ~$4.6M SOLD OUT in 3 minutes at the Sophon project! ⚡️
The ICO Drops community just closed a ~$4.6M node sale round at the Sophon project in a record 3 minutes. Drops Ventures, Sophon, Merit Circle, Impossible Finance a partnership that’s breaking records!
MicroStrategy could merit S&P 500 inclusion if it adopts new accounting rules.
The FASB issued guidance in December last year that allows companies that hold digital assets on their balance sheet to measure them at fair value, and record changes in fair value in net income in each reporting period. The new rules become effective as of Jan. 1, 2025, but early adoption of the standard is allowed.
https://www.coindesk.com/business/2024/04/25/microstrategy-could-merit-sp-500-inclusion-if-it-adopts-new-accounting-rules-benchmark/
Chris Langalis' notebook with the inscription ‘Buy Bitcoin’ was sold for 16 BTC ($1M) in the auction.
https://twitter.com/harry_forj/status/1783355527159783840
Forgotten Playland has announced HyperPlay as its official launch partner for Forgotten Playland.
Launch date: April 25th, 14:00 UTC
https://twitter.com/ForgotPlayland/status/1783133797778706513
Founders and CEO of cryptocurrency mixing service arrested and charged with money laundering and unlicensed money transmitting offenses.
Keonne Rodriguez and William Lonergan Hill are charged with operating Samourai Wallet, an unlicensed money transmitting business that executed over $2 billion in unlawful transactions and laundered over $100 million in criminal proceeds.
https://www.justice.gov/usao-sdny/pr/founders-and-ceo-cryptocurrency-mixing-service-arrested-and-charged-money-laundering
After negative feedback about the drop, Renzo changed the tokenomics, increasing the airdrop for the community.
Snapshot & Claim Timeline:
▫️Snapshot date remains on April 26th, 2024
▫️Claim date is changing to April 30th, 2024 (1 hour before Binance listing)
Tokenomics Update:
▫️Community: Total increasing from 30% to 32%
▫️Total Airdrop allocation increasing from 10% to 12%
▫️Season 1 increased from 5% to 7% total supply
▫️(2% increase is coming from Liquidity (MMs) & Foundation)
▫️Season 2 allocation remains at 5% total supply
Airdrop Eligibility:
▫️Minimum qualification is 360 ezPoints per wallet
▫️Majority of all eligible wallets, greater than 99%, are fully unlocked at TGE
▫️Wallets with more than 500k ezPoints will unlock 50% at TGE with the remainder now vesting linearly over 3 months
https://twitter.com/RenzoProtocol/status/1783277589525594231
Crypto Market Daily Review ☀️
The market is down. Market cap is $2.39T. Bitcoin is trading at $64.1K
dropstab | icodrops | twitter | telegram
Sophon has announced the sale details:
▫️Whitelist Sale 25th of April 9:00 UTC
▫️Public Sale 30th of April 9:00 UTC
https://twitter.com/sophon/status/1783071044053393857
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
Immutable is launching crypto gaming rewards program worth $50 million.
https://www.theblock.co/post/290940/immutable-launching-crypto-gaming-rewards-program-worth-50-million
Crypto Punk #635 sold for 4,000 ETH (~$12.41 million).
https://cryptopunks.app/cryptopunks/details/635
Binance has announced the first project on Binance Megadrop - BounceBit (BB).
Users can start participating in the BounceBit Megadrop from 2024-04-26 00:00:00 UTC.
Binance will then list BounceBit (BB) at 2024-05-13 10:00 UTC and open trading with BB/BTC, BB/USDT, BB/BNB, BB/FDUSD and BB/TRY trading pairs.
Web3 Quest 1: “Stake 0.0001 BTCB to BounceBit”
BounceBit Megadrop Details:
▫️Token Name: BounceBit (BB)
▫️Max Token Supply: 2,100,000,000 BB
▫️Megadrop Token Rewards: 168,000,000 BB (8% of max token supply)
▫️Initial Circulating Supply: 409,500,000 BB (19.5% of max token supply)
▫️Smart Contract Details: BounceBit
▫️User Eligibility: KYC required in eligible jurisdictions
▫️Hard Cap per User: 1,344,000 BB
▫️Rewards Calculation: Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
▫️Locked BNB Score (based on hourly snapshots during the BNB Locked Products Snapshot Period) = (Average 120-day BNB Locked Amount x 130) + (Average 90-day BNB Locked Amount x 120) + (Average 60-day BNB Locked Amount x 110) + (Average 30-day BNB Locked Amount x 100)
▫️Web3 Quest Multiplier: 1.5
▫️Web3 Quest Bonus: 1,000
https://www.binance.com/en/support/announcement/bouncebit-bb-megadrop-is-now-open-subscribe-to-bnb-locked-products-or-complete-web3-quests-to-participate-a0a11e79467e4ee6a937348005f7c84f
GuildFi launched a portal for GF -> ZENT token migration.
Your tokens will be converted at a 1:10 ratio.
https://guildfi.com/migration
The Mocaverse (MOCA) public sale has started on CoinList.
▫️ Sale Period: Apr 25 00:00 UTC - May 2 00:00 UTC
▫️Token Allocation for Launch: 126,984,127 MOCA
▫️Price: $0.03938
▫️FDV: $350,000,000.00
▫️Vesting: 5% unlock at TGE, on or around May 24, 2024, followed by a 3 month cliff period with a 52-week weekly linear release
▫️Minimum Purchase Amount: $100
https://twitter.com/MocaverseNFT/status/1783285052488777936
https://coinlist.co/moca
EU votes to ban anonymity for crypto and increase monitoring of users.
The bill passed by the European Parliament will force crypto firms to collect more data on users and their transactions, enforce stronger monitoring of non-custodial wallets, and ban tools bolstering anonymity such as crypto mixers and privacy tokens.
https://www.dlnews.com/articles/regulation/eu-parliament-passes-anti-money-laundering-bill/
MultiversX is partnering with the infrastructure leaders at Bware Labs to launch a brand-new grant program.
https://multiversx.com/blog/multiversx-bware-grant-program
https://twitter.com/MultiversX/status/1783141325832863881
Starknet: “Dear Starknet community,
Last month, we updated you about the efforts to assist three sub-categories that were eligible for Round 1 of Starknet Provisions but had trouble claiming.
These groups are:
1. Pooled stakers
2. StarkEx users who were mislabeled as VeVe users:
3. VeVe users
In the coming hours, eligible recipients from the following groups will be able to claim their STRK directly through the Provisions portal: provisions.starknet.io “.
https://twitter.com/StarknetFndn/status/1783050200384250203