A United States court has denied Coinbase’s motion to dismiss the United States Securities and Exchange Commission’s (SEC) case against the exchange.
https://cointelegraph.com/news/sec-can-proceed-coinbase-lawsuit-court-ruling
21Shares launches Toncoin staking ETP on SIX Swiss Exchange.
https://www.theblock.co/post/285000/21shares-toncoin-staking-etp
Milady announces the launch of Meme Phone.
First Batch: Limited to 100 phones, only for LADYF hodlers.
Exclusive Rewards:
▫️1 million LADYF airdrop per phone.
▫️Unique NFT to mark ownership.
Price: 2 SOL
https://x.com/miladymemecoin/status/1772956821818589632
Crypto securities trading platform Oasis Pro launched a diamond-based tokenized fund on Avalanche Network.
https://www.coindesk.com/business/2024/03/27/diamonds-arrive-on-a-blockchain-with-new-tokenized-fund-on-avalanche-network/
SingularityNET, Fetch.ai and Ocean Protocol are discussing merging their tokens into an ASI token that would have a fully diluted value of about $7.5 billion, according to people familiar with the matter.
https://twitter.com/News_Of_Alpha/status/1772926812294705242
HSBC’s gold token goes live for retail investors in Hong Kong.
The tokenized gold product is available via HSBC Online Banking and HSBC HK Mobile App.
HSBC Gold Token is minted on the bank’s Orion digital assets platform.
https://www.coindesk.com/policy/2024/03/27/hsbcs-gold-token-goes-live-for-retail-investors-in-hong-kong/
Rollup platform AltLayer has enabled the staking of native ALT tokens.
The project initiated the phased launch of MACH Alpha, a fast finality service for rollups.
https://www.theblock.co/post/284946/altlayer-enables-token-staking-unveils-fast-finality-service-for-rollups
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $2.69T. Bitcoin is trading at $70.3K
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Nilam Resources CEO resigns day after 24,800-bitcoin announcement.
https://protos.com/scoop-nilam-resources-ceo-resigns-day-after-24800-bitcoin-announcement/
Munchables, a web3 gaming platform based on the Ethereum Layer 2 Blast, lost $62.5 million in the exploit.
The exploiter’s wallet address contained nearly 17,411 ETH, crypto sleuth ZachXBT found.
https://www.theblock.co/post/284883/web3-gaming-platform-munchables-loses-62-5-million-in-exploit-zachxbt
https://twitter.com/_munchables_/status/1772739713687752761
In the CFTC’s complaint against KuCoin, the regulator says that the exchange allowed investors to trade commodities including bitcoin, ether and litecoin.
https://blockworks.co/news/cftc-alleges-eth-as-commodity-kucoin-lawsuit
Forgotten Playland has announced The Foundation ToyBox Sale information.
Date: 28th of March 15:00 UTC
48 hour open edition sale
Price: $19,99
Secondary market: Sphere
https://x.com/ForgotPlayland/status/1772249579599081928
Injective is releasing the ionic upgrade to the Injective Bridge.
The Ionic upgrade key features:
▫️A one-click bridging solution across major chains including Ethereum, Solana, and Cosmos
▫️Revamped tracking mechanisms
▫️Near-zero fees
https://blog.injective.com/en/the-next-generation-injective-bridge-ionic-upgrade/
KuCoin and two of its founders, Chun Gan and Ke Tang, criminally charged with bank secrecy act and unlicensed money transmission offenses.
https://www.justice.gov/usao-sdny/pr/prominent-global-cryptocurrency-exchange-kucoin-and-two-its-founders-criminally
LayerZero is live on Sei v2.
https://x.com/layerzero_labs/status/1772971931152859140
Arbitrum Foundation, Azuki and Weeb3 Foundation are teaming up to launch a blockchain-powered anime network.
Dubbed AnimeChain, the new project aims to onboard fans of anime to web3 with a mix of content, games, merchandise, and NFTs.
https://www.theblock.co/post/284896/arbitrum-and-azuki-join-forces-to-launch-anime-based-web3-network
💧 Top Gainers in Bitcoin Ecosystem over the Last Month
👉 https://dropstab.com/categories/bitcoin-ecosystem
VeChain announces launch of a no-code digital asset tokenization platform called Marketplace-as-a-Service (MaaS).
This initial launch was done in collaboration with MotoGP championship team, Gresini Racing, supported by ExPlus. The full launch of MaaS is expected in Q2.
https://medium.com/vechain-foundation/vechain-announces-launch-of-no-code-asset-tokenization-platform-welcomes-first-enterprise-user-8f43f7b5aadd
Cosmos will make an announcement on April 2, 13:00 UTC.
https://twitter.com/cosmos/status/1772921187233943732
Vitalik Buterin has introduced an essay "Supporting decentralized staking through more anti-correlation incentives".
https://ethresear.ch/t/supporting-decentralized-staking-through-more-anti-correlation-incentives/19116
The Munchables developer has shared all private keys involved to assist in recovering the user funds.
https://x.com/_munchables_/status/1772859898897777016
Due to the negative news of KuCoin, whales are transferring assets from KuCoin to other exchanges.
The total outflow over the last 24 hours is ~$700 million.
Whale"0x1abc" withdrew 54M USDT from KuCoin and transferred it to OKX.
Whale"0x5212" withdrew 32M USDT from KuCoin and transferred it to Bybit.
KuCoin currently holds ~$6.137B assets, including:
1.36B USDT
14,353 BTC ($1.01B)
107,732 ETH ($389.96M)
18.57M KCS ($231.19M)
955,752 SOL ($182.15M)
12.65B VRA ($128.87M)
3.37T SHIB ($104.95M)
https://x.com/lookonchain/status/1772838348593471523
Coinbase has added Shadow Token (SHDW) and Neon EVM (NEON) to its roadmap.
The growth was 50% and 30%, respectively.
https://twitter.com/CoinbaseAssets/status/1772775541138948148
Eric Balchunas: “Looks like Hong Kong is going to allow in-kind creations and redemptions for spot bitcoin ETFs in 2Q”.
https://twitter.com/EricBalchunas/status/1772602019133423921
Bybit has listed Apeiron (APRS).
APRS is now trading at $1.8 (~17x from ICO on Impossible Finance).
FDV: $1.86B
APRS Sale Details:
Total Supply: 1,000,000,000
Price: $0.11 USD
Vesting: 20% unlock on TGE. 2 months cliff, then 80% block by block vesting over 18 months.
Apeiron is a P2E/NFT game on Ronin.
https://www.bybit.com/en/trade/spot/APRS/USDT
Optimism allocated a total of 850 million Optimism tokens worth $3.3 billion for grants to its blockchain builders.
4 rounds of Retro Funding in 2024:
▫️Round 4 (May) - Onchain Builders. This includes builders who bring new users to the Superchain, drive network effects and protocol usage.
▫️Round 5 (August) - OP Stack. Contributions to the OP Stack and improvements to the foundational elements of Optimism's infrastructure will be rewarded in this round.
▫️Round 6 (August) - Governance. This round will focus on rewarding key governance infrastructure that enables continued decentralization.
▫️Round 7 (October) - Dev Tooling. Supporting Optimism builders with developer tooling is the focus of this category.
https://twitter.com/Optimism/status/1772664299359707556
https://cointelegraph.com/news/optimism-3-billion-public-good-retro-funding-grants
Ankr has released Neura, the blockchain for AI.
Neura is an EVM-compatible blockchain built on the CosmosSDK, designed to tackle the challenges AI developers face when bringing new projects to market such as:
▫️Lack of GPU resources
▫️Funding
▫️Scaling data accessibility
Neura’s architecture creates a solid foundation of infra for AI startups offering access to:
▫️Decentralized GPU resources
▫️Crypto-based crowdfunding through IMOs, Initial Model Offerings
▫️On-chain AI operations
Neura introduces an innovative funding and economic model for AI startups.
IMO’s, or Initial Model Offerings enable AI projects to secure investment and computational resources via decentralized crowdfunding.
This is made possible through ERC-404 and ERC-7641 token standards supported by Neura to facilitate fractional ownership and revenue sharing of AI models.
Neura utilizes off-chain decentralized storage solutions such as IPFS.
This approach ensures both efficient and secure data storage, while the blockchain maintains data integrity.
The ANKR token is the heart of Neura’s ecosystem.
It serves as the universal currency for accessing GPU resources, participating in IMOs, & acquiring AI services.
Moreover, it incentivizes GPU providers & rewards AI devs, nurturing an ecosystem of innovation & expansion.
https://x.com/ankr/status/1772659944229060713
https://x.com/neura_io/status/1772659650770387208
MicroStrategy releases Auto, the customizable AI Bot that makes enterprise analytics accessible to anyone, building on MicroStrategy AI.
https://twitter.com/MicroStrategy/status/1772636200844534003
The EigenLayer and EigenDA Holesky Testnet is now up and running.
https://www.blog.eigenlayer.xyz/eigenlayer-holesky-testnet-launch-dual-quorum-support-for-eigenda/