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
Consensys introduced a letter to the SEC highlighting Ethereum's security superior to the Spot Bitcoin ETF.
https://consensys.io/blog/comment-letter-to-sec-on-eth-etf-approval-pos
Mocaverse has announced its public sale details.
The community public sale allocation is exclusive to Mocaverse NFT holders, Moca ID users, and strategic partner communities.
Crafting Period: 28 March — 11 April 8:00 UTC
Crafting Machine is a core component of Mocaverse’s meta layer with cross-platform gamification. Crafting will be a long standing mechanism, and more variations of crafting will be introduced in the near future.
While Realm Points being a season-based “marathon” leading to ongoing rewards, Shard Rush is the fortnight-based “sprint” subject to expiry, leading to immediate rewards.
Shard is only one of the resources in the future ecosystem, which can be crafted into various kinds of items.
About MOCA Public Sale:
Total Supply of MOCA: 8,888,888,888
Token Allocation for Community Public Sale: 126,984,127 MOCA
Lot Size: 2,539 MOCA for US$100
Token Vesting Terms: 5% unlock at TGE, 3 month cliff, followed by 12 months of linear weekly vesting (best out of all)
Funding Methods: USDT/USDC
Prerequisite: Gated by Moca ID
FDV: ~$350M
https://medium.com/mocaverse/craft-your-way-to-moca-d838a5bdc393
MultiversX has announced that developers across the ecosystem can now use Arcana Network to add login with Google, Twitter, or Discord accounts, to their apps.
Arcana Network is a UX-focused Validium app chain dedicated to improving Web3 UX with a suite of products for developers and users.
https://multiversx.com/blog/arcana-multiversx-social-web3-login
https://twitter.com/MultiversX/status/1773745504683278452
Bitget Wallet is now integrated with Injective’s products and dApps.
Users can now use INJ and native Injective tokens, stake INJ, and much more through Bitget's wallet.
https://x.com/injective/status/1773711724597633120
Yolo invests $8M into the TON ecosystem to support The Open Network.
https://twitter.com/ton_blockchain/status/1773676568935641555
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
💧 Top Funding Rounds this Week
👉 https://dropstab.com/insights/latest-fundraising-rounds
Pendle has lost access to its Twitter/X account.
https://twitter.com/tn_pendle/status/1773885858367811605
Sophon, a modular blockchain, has raised $10M.
Investors: Paper Ventures, Maven 11, The Spartan Group, SevenX Ventures, OKX Ventures, HTX Ventures and others.
https://x.com/sophon/status/1773772412510781825
Arbitrum Foundations Grants Program is moving to Phase 3.
End of Phase 2: Application form for Phase 2 will close on April 3, 2024.
Start of Phase 3: Fresh applications for Phase 3 will open on April 15, 2024.
https://twitter.com/arbitrum/status/1773709435904614895