Real-world asset (RWA) tokenization firm Securitize has closed a $47 million funding round led by the world's largest asset manager BlackRock (BLK).
The round also included investments from Hamilton Lane (HLNE), ParaFi Capital and Tradeweb Markets (TW).
BlackRock and Securitize last month teamed up to create the BlackRock USD Institutional Digital Liquidity Fund, which may prove to be geared toward RWA tokenization.
https://www.coindesk.com/business/2024/05/01/rwa-tokenization-firm-securitize-raises-47m-led-by-fund-partner-blackrock/
Vitalik Buterin: „The above is why I use a multisig (@safe) for >90% of my personal funds. M-of-N, some keys held by you (but not enough to block recovery), the rest held by other people you trust. Don't reveal who those other people are, even to each other. Decentralize your own security“.
https://twitter.com/VitalikButerin/status/1785562273433387320
Tether releases its Q1 2024 attestation: reports record-breaking $4.52 billion profit.
The main contributing entities are those in charge of issuing stablecoins and managing the respective reserves where approximately $1 billion of this profit stemmed from net operating profits, primarily derived from US Treasury holdings.
https://tether.io/news/tether-releases-q1-2024-attestation-reports-record-breaking-4-52-billion-profit-highest-treasury-bill-ownership-percentage-ever-total-group-equity-of-11-37-billion/
In celebration of the 50th anniversary of CASIO watches, CASIO launches its NFT collection on ASTAR.
https://twitter.com/VIRTUALGSHOCK/status/1785525189255770135
Blur launched on Blast.
▫️You can now trade Blast NFTs by switching chains on Blur.
▫️When you deposit to your Blur Pool on Blast, you’ll continue to earn Blast Points.
▫️ Blast has allocated a fixed 2 million Gold to be distributed to Blur traders.
https://twitter.com/blur_io/status/1785390076257866100
PlayFi integrates MultiversX for Plug & Play Web3 Gaming Experiences.
PlayFi is building an infrastructure based on ZK machine learning models, meant to connect games to blockchain-enabled experiences.
https://multiversx.com/blog/multiversx-playfi-integrated-web3-gaming-experiences
https://twitter.com/MultiversX/status/1785267521446146193
BlackRock hosts Bitcoin investing conference with industry leaders at its headquarters.
https://x.com/watcherguru/status/1785339001634795669
Former Binance CEO CZ has been sentenced to four months in prison.
https://twitter.com/nikhileshde/status/1785350502949241039
https://x.com/cryptopatel/status/1785387123824357419
Hong Kong’s six new spot bitcoin and ether ETFs are launched.
https://www.theblock.co/post/291644/hong-kong-bitcoin-ether-etf-volume-first-day
https://www.hkex.com.hk/Market-Data/Securities-Prices/Exchange-Traded-Products/Exchange-Traded-Products-Quote
Sophon node sale is live.
At the moment 6 Tiers are sold out.
https://nodes.sophon.xyz/
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $2.36T. Bitcoin is trading at $63.4K
dropstab | icodrops | twitter | telegram
Samourai Wallet co-founder Keonne Rodriguez pleaded not guilty to two criminal charges tied to creating and marketing the privacy-focused bitcoin wallet application and mixing service.
The charges carry a maximum sentence of 20 years and five years, respectively.
He was subsequently released by a Pennsylvania judge on a $25,000 bond.
Rodriguez’s next hearing will be in Manhattan on May 14.
https://www.coindesk.com/policy/2024/04/29/samourai-wallet-co-founder-keonne-rodriguez-pleads-not-guilty-released-on-1m-bond/
EigenLayer is launching a native token in May and its distribution will include an airdrop for those staking on the platform.
The newly formed and independent non-profit Eigen Foundation will be the entity releasing the token, according to a statement.
The Eigen token will have a total supply of 1.67 billion tokens at launch. The foundation has allocated 45% of the tokens to its community. This is further subdivided into stakedrops (15%), community initiatives (15%) and ecosystem development (15%).
Additionally, 29.5% of the tokens have been allocated to investors, while early contributors will receive 25.5%. Investors and early contributors are subject to a total lockup period of three years for their allocations. The first year involves a complete lock, followed by a gradual release of their total holdings at a rate of 4% per month over the subsequent two years.
The project also released a Whitepaper describing the structure of the Eigen token and how it will fit within the EigenLayer ecosystem.
The community airdrop, which EigenLayer is referring to as a stakedrop, will hand out 15% of the token supply to those who have staked using the platform. These tokens will be distributed across multiple seasons.
In the first season, the foundation will hand out 5% of the token supply to users based on a snapshot of staking activities taken on March 15, 2024. Of this first season allocation, 90% of the tokens will be claimable on May 10 to eligible restakers — with a claim window of 120 days. The final 10% will be claimable in a second phase of the first season that will take place a month later.
The other 10% of the supply that is being distributed to the community has been set aside for future seasons.
https://www.theblock.co/post/291383/eigenlayer-foundation-formed-introduces-native-token-with-multi-season-stakedrop
https://eigenfoundation.org/
https://twitter.com/eigenfoundation
https://github.com/Layr-Labs/whitepaper/blob/master/EIGEN_Token_Whitepaper.pdf
Particle Network has unveiled PARTI, the token powering the Particle Network modular L1.
This token will be distributed via an airdrop campaign and testnet campaign.
Official dates of the PARTI airdrop will be announced in Tomorrow Night’s Twitter AMA at 23:00 UTC.
https://twitter.com/ParticleNtwrk/status/1784962561412079673
MultiversX has introduced the Builder’s Hub - a new home for MultiversX builders.
https://multiversx.com/builders-hub
https://twitter.com/MultiversX/status/1785640253727916535
Andrei Grachev (DWF Labs): “Looks like it’s a good time to buy cheap coins, if we believe in a second wave of the bull market”.
https://twitter.com/ag_dwf/status/1785634453311602867
A16z makes $90 million private purchase of Optimism’s OP token.
https://unchainedcrypto.com/a16z-makes-90-million-private-purchase-of-optimisms-op-token/
💧 Top 10 Tokens Launched in April by FDV
👉 https://dropstab.com/tab/launched-in-april-2024-by-fdv-1z0wozo6aq
Crypto Market Daily Review ☀️
The market is down. Market cap is $2.22T. Bitcoin is trading at $58K
dropstab | icodrops | twitter | telegram
Over the past 24 hours, long positions worth ~$314 million were liquidated.
https://www.coinglass.com/LiquidationData
Roger Ver, an early investor in bitcoins, charged with tax fraud.
Roger Ver is known as the Bitcoin Jesus and is also a major supporter of Bitcoin Cash
https://www.justice.gov/opa/pr/early-bitcoin-investor-charged-tax-fraud
CZ: “I would like to thank everyone for your care and support, be it writing letters, showing support on X, or in any other form. They all mean a lot to me and keep me strong. I will do my time, conclude this phase and focus on the next chapter of my life (education).
I will remain a passive investor (and holder) in crypto. Our industry has entered a new phase. Compliance is super important.
A silver lining of this whole process is that Binance has been under the microscope. And funds are SAFU.
Protect users!”
https://twitter.com/cz_binance/status/1785465555899822488
Binance has listed Renzo (REZ).
REZ is now trading at $0.19.
FDV: $1.9B
https://www.binance.com/en/trade/REZ_USDT
Sophon node sale starts in 30 minutes
Sophon is enhancing the entertainment landscape with its modular Layer 2 solution, designed around the zkSync hyperchain and powered by the innovative ZK Stack.
Supported by prominent entities such as Paper Ventures, Maven 11, Matter Labs, Spartan, SevenX, OKX Ventures, and Lambda Class, Sophon has raised $10 million to advance its decentralized infrastructure.
Starts today at 9:00 UTC
Nodes for sale: 200,000
The purchase will be made for WETH on zkSync in FCFS format
Use our code “icodrops” for 10% discount
or this link:
https://nodes.sophon.xyz/?code=icodrops
ICO Drops project page with instructions
Moonbirds has announced Moonbirds Universe.
https://twitter.com/moonbirds/status/1785020073356484976
In April, MicroStrategy acquired an additional 122 BTC for $7.8 million and now holds 214,400 BTC.
https://twitter.com/saylor/status/1785037831175630938
Tether invested $200 million in Blackrock Neurotech, a biotech company that produces brain computer chips and other devices that enhance human capabilities.
https://x.com/tether_to/status/1784931985451876510
TrustWallet: “The Android version of the app is back on the Google Play Store”.
https://x.com/trustwallet/status/1784908287827124618