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Zeus Network has raised $8 million in a funding round led by Mechanism Capital.
Other investors in the round included OKX Ventures, Animoca Ventures, Big Brain Holdings, Lemniscap and The Spartan Group. Angel investors, including Solana co-founder Anatoly Yakovenko, Stacks co-creator Muneeb Ali and Mechanism Capital founder Andrew Kang, also joined the round.
The round brought Zeus’s latest valuation to $100 million.
Zeus Network is a Solana interoperability layer built on the Solana Virtual Machine.
https://www.theblock.co/post/286291/solana-zeus-network-funding-token-valuation
https://x.com/zeusnetworkhq/status/1775580922487939564
Ethereum racked up $1.2 billion in revenue from transaction fees in Q1 2024, or 155% more than in the first quarter last year.
https://cointelegraph.com/news/ethereum-earnings-triple-q1-2024-370-million
Andre Cronje introduced a large post about Ethena (ENA) and warned about possible risks.
https://x.com/andrecronjetech/status/1775398490404724914
The cumulative supply of the top three stablecoins – USDT, USDC, and DAI – has increased to $141.42 billion, the highest since May 2022.
https://www.coindesk.com/markets/2024/04/03/stablecoin-expansion-continues-as-bitcoin-rally-appears-to-stall/
Binance has listed Wormhole (W).
W is now trading at $1.44.
FDV: $14.56B
https://www.binance.com/en/trade/W_USDT
Logan Kilpatrick joins Google to work on Gemini API.
https://twitter.com/OfficialLoganK/status/1775222819439149424
Notcoin reminded that the NOT token listing would take place on April 20th.
https://twitter.com/thenotcoin/status/1775192413956460959
Wormhole has introduced W launch roadmap.
▫️W launch on Solana
▫️EVM expansion with Wormhole NTT
▫️Lock W to Self-Delegate
▫️Multichain Governance
https://wormhole.com/w-launch-roadmap/
Donald Trump says when he wins the presidential election "you are all getting tax cuts" and a new "economic boom."
https://twitter.com/WatcherGuru/status/1775300911776297234
Crypto-focused firm Paradigm is in talks with investors to raise between $750 million and $850 million for a new fund, according to people familiar with the matter.
https://www.bloomberg.com/news/articles/2024-04-02/crypto-vc-paradigm-in-talks-to-raise-over-750-million-for-fund
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
Bitcoin Cash has completed halving at 840,000 block.
The reward per block dropped from 6.25 to 3.125.
https://www.bitdegree.org/halving/bitcoin-cash-halving
The Securities and Exchange Commission has opened up comment periods for ETF applications for Grayscale, Fidelity and Bitwise.
https://www.coindesk.com/policy/2024/04/03/us-sec-calls-for-comments-on-spot-eth-etfs/
Coinbase has selected Lightspark to enable the Bitcoin Lightning Network across its platform and services.
https://twitter.com/davidmarcus/status/1775522894111740209
BonusBlock, the on-chain marketplace, has raised $2.3 million from investors Laser Digital (Nomura Group), iAngels, Cogitent Ventures, NewTribe Capital, Faculty Group, Kyros, ZBS Capital, Rarestone, LVT Capital and many more, including known Co-Founder Georgios Vlachos from Axelar, Sung from Beoble, Key-Opinion Leaders IvanOnTech, AshCrypto, BrianDEvans, Icedknife, StackerSatoshi, Coachkcrypto and many more.
https://mirror.xyz/bonusblock.eth/84L2l9G9WWjUbfCOKix7ELDTuz0l9ZM0BL-ikmIGS9E
Bitcoin mining company Bitfarms will invest nearly $240 million to upgrade its Bitcoin mining equipment.
https://cointelegraph.com/news/bitfarms-bitcoin-mining-triple-hash-rate
Binance will extend the Monitoring Tag to include more tokens on 2024-04-03.
The tokens to be added to the Monitoring Tag list are: Ellipsis X (EPX), ForTube (FOR), Unifi Protocol DAO (UNFI), Waves (WAVES), Wrapped NXM (WNXM).
https://www.binance.com/en/support/announcement/binance-will-extend-the-monitoring-tag-to-include-epx-for-unfi-waves-wnxm-on-2024-04-03-b869da2d645f41dab50227335703a741
📈 Potential Binance Launchpad
💧 https://dropstab.com/tab/potential-binance-launchpad-egwf9r8wq5
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $2.52T. Bitcoin is trading at $66.2K
dropstab | icodrops | twitter | telegram
A bug in Lido's Solana protocol code is preventing withdrawals.
Lido sunset its Solana protocol in February, removing its web interface.
But the protocol still holds $24 million worth of SOL.
https://www.dlnews.com/articles/defi/lido-stsol-holders-stuck-after-code-bug-blocks-withdrawals/
Goldman Sachs сlients are not interested in crypto, says Chief Investment Officer Sharmin Mossavar-Rahmani.
https://www.coindesk.com/business/2024/04/02/goldman-sachs-clients-not-interested-in-crypto-says-chief-investment-officer-wsj/
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