💧Current state of the market in our weekly overview
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Crypto Market Daily Review ☀️
The market is neutral. Market cap is $2.68T. Bitcoin is trading at $70.4K
dropstab | icodrops | twitter | telegram
Binance has announced the 50th project on Binance Launchpool - Ethena (ENA).
Users will be able to stake their BNB and FDUSD into separate pools to farm ENA tokens over three days, with farming starting from 2024-03-30 00:00 UTC.
Binance will then list ENA at 2024-04-02 8:00 UTC and open trading with ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD and ENA/TRY trading pairs.
https://www.binance.com/en/support/announcement/introducing-ethena-ena-on-binance-launchpool-farm-ena-by-staking-bnb-and-fdusd-6c216f219f0e42adb1849759dee3fbd9
Bitwise files for spot Ethereum ETF.
https://www.theblock.co/post/285512/bitwise-files-for-spot-ethereum-etf-amid-sec-approval-uncertainty
Biconomy has received strategic funding from leading web3 VCs Jump Capital, Borderless Capital, Consensys Ventures, Taisu Ventures, Manifold Trading, Side Door Ventures, and Blockchain Founders Fund, to position itself for accelerated growth as momentum returns in the crypto market.
Notable angels include prolific investors such as American entrepreneur and investor Balaji Srinivasan, and Jordi Alexander, founder of Selini Capital.
https://chainwire.org/2024/03/28/web3s-largest-account-abstraction-provider-biconomy-receives-strategic-investment-from-major-investors/
The Foundation ToyBox Sale is now live.
▫️48 hour open edition sale
▫️$19,99
https://x.com/forgotplayland/status/1773364493638115536
http://forgottenplayland.com/toybox
https://sphere.market/beam/collection/0x7767693C6eBa58c263A80b332AEf0998553dee41
EGLD and xExchange data is now being tracked on DEX Screener.
https://twitter.com/MultiversX/status/1773264854385660280
dexscreener.com/multiversx
Franklin Templeton: “Ethereum is more than a blockchain with a cryptocurrency – it's an example of an entirely new business model with incentives that are better aligned to consumers”.
https://twitter.com/FTI_US/status/1773045462808830211
Amazon has fulfilled its $4-billion investment commitment to AI startup Anthropic.
https://cointelegraph.com/news/amazon-minority-share-chat-gpt-rival-anthropic-ai
💧 Top Blockchains by TVL Growth in the Last Month
👉 https://dropstab.com/categories/blockchain
Parallel Studios has raised $35M in the funding round.
Investors: Distributed Global, VanEck, Big Brain Holdings, Solana Ventures, Base Ecosystem Fund, Collab+Currency, Amber Group and others.
https://x.com/paralleltcg/status/1773157742095511889
Dutch prosecutors seek 64-month jail sentence for Tornado Cash dev Alexey Pertsev.
The judge will deliver the verdict on May 14, the court said.
https://www.coindesk.com/policy/2024/03/27/dutch-prosecutors-seek-64-month-jail-sentence-for-tornado-cash-dev-alexey-pertsev/
BlackRock CEO Larry Fink said an ether ETF would still be possible even if the U.S. Securities and Exchange Commission designates the cryptocurrency as a security, which would increase the regulatory scrutiny around the second-largest digital asset.
https://www.coindesk.com/business/2024/03/27/blackrocks-fink-not-concerned-about-possibility-of-sec-designating-eth-a-security/
Well-known NFT influencer Machi Big Brother (Huang Licheng) has launched a presale of a new memcoin on Solana - $Bobaoppa.
https://twitter.com/machibigbrother/status/1773012603167486348
Edward Snowden on the SEC's case against Coinbase: “If the SEC keeps acting in bad faith like this, they're going to lose so hard in court that they'll never be able to do this to anyone ever again”.
https://twitter.com/Snowden/status/1772991885067395339
Tokens from Mnet (BitCountry) ICO are unlocked.
MNet Continuum (NUUM) is trading at ~$0.1 (0.23x from its ICO price).
FDV: $100 million
https://dropstab.com/coins/bit-country
https://www.gate.io/trade/NUUM_USDT
https://www.bitmart.com/trade/en-US
Prisma Finance, a DeFi protocol that issues stablecoins backed by Ethereum liquid staking and restaking tokens (LRTs), has been exploited for nearly $12 million.
The PRISMA price has decreased by ~20% in 24 hours.
https://thedefiant.io/prisma-finance-suffers-usd12-million-exploit
Wormhole claim is on 3 April at 11:30 UTC.
https://twitter.com/wormholecrypto/status/1773410190118768807
CoinList has announced the Mystiko Community Sale.
The purchase period begins on March 28 and ends on April 4, at 17:00 UTC.
The sale has one public option:
Supply: 50,000,000 XZK tokens (5% of the total supply)
Price: $0.15
Lockup & Release: 25% unlocks after 75 day period, remaining 75% vesting over 12 months. Token exchange listing is expected to occur on or around June 18, 2024
Initial Purchase Limits: $50 min, $2,000 max
https://coinlist.co/mystiko
Former FTX CEO Sam Bankman-Fried gets sentenced to 25 years in prison in FTX case.
The FTT price has decreased by 13%.
https://www.theblock.co/post/285356/live-sam-bankman-fried-gets-sentenced-in-ftx-case
Stafi released 2024Q2 roadmap.
https://medium.com/stafi/2024q2-roadmap-stafi2-0-released-all-the-way-to-lsaas-3192487d8d76
Hong Kong finance firm VSFG aims to launch spot bitcoin ETF as early as May.
https://www.theblock.co/post/285263/hong-kong-vsfg-spot-bitcoin-etf-may
Illuvium introduced a roadmap for 2024.
Pre-registration will begin April 15th, 2024, and continue until the Testnet is available to all players.
Private Beta 4
Dates: April 30th - May 28th
https://illuvium.io/news/illuvium-beta-4-all-you-need-to-know
Bybit has announced its new launchpad project — Velar (VELAR).
Details:
Token: VELAR
Price: 1 VELAR Token = 0.03 USDT
Total Allocated to Bybit Launchpad: 8,000,000 VELAR
MNT Pool: 4,000,000 VELAR (Cap per subscriber: 300 USD = 10,000 VELAR)
USDT Lottery: 4,000,000 VELAR (Allocation per user: 12 USDT = 400 VELAR, winning tickets: 10,000)
Snapshot Period: Mar 29, 2024, 00:00 UTC – Apr 2, 2024, 23:59 UTC
Subscription Period: Apr 3, 2024, 3:30 UTC – Apr 3, 2024, 10:59 UTC
Distribution Period: Apr 3, 2024, 11:00 UTC – Apr 3, 2024, 11:59 UTC
VELAR/USDT Launch: Apr 3, 2024, 12:00 UTC
Velar is a feature-rich DeFi platform with Bitcoin finality.
https://x.com/bybit_official/status/1773258730697617469
Fantom announced its partnership with Sam Kazemian, the founder of Frax Finance.
https://x.com/fantomfdn/status/1773116898651115814
Crypto Market Daily Review ☀️
The market is down. Market cap is $2.65T. Bitcoin is trading at $70K
dropstab | icodrops | twitter | telegram
Ethena has announced ENA token launch details.
▫️The Shard Campaign will conclude on 1st April
▫️ENA can be claimed on April 2nd alongside the token listing on CEXs
▫️Those shards will be used as a measure to distribute 750m ENA on April 2nd, or 5% of the total supply, in a linear fashion according to each user's accumulated shards
▫️Any user who unstakes, unlocks, or sells all of their USDe before this date will not be eligible for the airdrop
▫️The largest wallets will be subject to a 50% linear, pro-rata vesting over 6 months
Total Supply: 15 billion
Initial Circulating Supply: 1.425 billion
Second Season of the Campaign
After the conclusion of the first campaign season of the Shard Campaign and the ENA token launch, Ethena will immediately begin the second season of the campaign, the Sats Campaign.
The Sats Campaign will align with Ethena’s latest product development: onboarding BTC as a backing asset.
The Sats Campaign will run for another 5 months, until September 2nd 2024, or when USDe supply reaches $5bn, whichever comes first.
Any user who participated in the Shard Campaign will receive boosted rewards for participating in the Sats Campaign assuming their vesting conditions continue to be met.
http://claim.ethena.fi/
https://mirror.xyz/0xF99d0E4E3435cc9C9868D1C6274DfaB3e2721341/uCBp9VeuLWs-ul1b6AOUAoMg5HBB_iizMIi-11N6nT8
Ondo Finance has introduced instant, 24/7/365 subscriptions and redemptions; shifted OUSG funds into BlackRock’s BUIDL.
https://blog.ondo.finance/introducing-instant-24-7-365-subscriptions-and-redemptions-shifting-ousg-funds-into-blackrocks-buidl/
OKX API failure caused confusion with account balances of thousands of users and losses for traders.
At the moment the problem has been resolved.
https://twitter.com/okx/status/1772992419455176883
$4.5 trillion asset manager Fidelity files S-1 form for Spot Ethereum ETF with staking included.
https://twitter.com/WatcherGuru/status/1772999593577390172