Bittrue exchange has been exploited today for around $24M worth of tokens (mainly QNT, GALA and SHIB). The tokens are currently residing in 0x181, having been swapped to 8.858K Ether. The hacker has kept most of the SHIB and HOT.
Burnt announced the launch of XION testnet on April 12. XION is a new blockchain that will utilize the Cosmos SDK and Tendermint Consensus for cross-chain interoperability and sovereign governance.
EigenLayer announced the release of the testnet for the first stage of the protocol. The launch will be phased in 3 stages: 1. For stakers. 2. For Operators. 3. For services. Stage 1 is an early and non-incentivized testnet built on the Ethereum Goerli network.
EigenLayer is building a restaking protocol. The startup has recently raised $50M in a Series A funding round led by Blockchain Capital, with participation from Electric Capital & Polychain Capital.
Web traffic to crypto exchanges in March 2023. According to the data from SimilarWeb in March a cumulative web traffic to cryptocurrency exchanges has increased by 9%.
Top 20 most discussed cryptocurrencies on Twitter in March 2023. In the chart below you can find a share of mentions of each coin among top 150 coins by market cap.
Blockchain interoperability protocol LayerZero raised $120 million in Series B funding at $3B valuation. a16z Crypto, Sequoia Capital, Circle Ventures, Samsung Next, OpenSea and Christie's are among investors
Binance will offer Radiant Capital (RDNT) farming on Binance Launchpool as of March 31. Users will be able to stake their BNB and TUSD into separate pools to farm RDNT tokens over 40 days, starting Mar 31. 1.5% (15M RDNT) of the total token supply to be offered on the platform. Radiant is building omnichain money market atop LayerZero.
ConsenSys announces a public testnet of its zkEVM Linea. According to the blog post with the new name ConsenSys is inviting developers, users, or protocols to try its zkEVM.
Matter Labs announced the alpha release of its zkEVM - ZkSync Era. ZkSync is a Layer 2 network. And it will be the first zkEVM on the Ethereum blockchain. There is no native token at this stage but users can expect it to be released with the future decentralization of the network.
Matter Labs has raised $200M Series C funding round co-led by Blockchain Capital and Dragonfly in November 2022.
Impossible Finance will host Arken Finance token sale on April 6. $1M worth of ARKEN tokens to be sold during this round at $40M fully diluted valuation. Vesting: 100% distributed on day 1. Day 1 market cap: $2.1M. Sale format: proportional among IDIA token stakers. Staking period: Mar 15 - Apr 4. Arken Finance is building an abstraction layer for DeFi protocols & UX. Sale participants will have a buy back option and will get back 90% of their investments in 2 weeks in case the price falls below a certain threshold.
Despite the fact that Arbitrum website is down and many users can’t claim their tokens, ARB is already tradable. ARB peaked around $17 and is currently trading around $1.1 per token. Below we’ve compared market caps of Ethereum Layer 2 networks.
Arbitrum (ARB) will have a primary listing on March 23. ARB token will be available for trading on Binance, Coinbase, KuCoin, Bitget, Huobi, OKX, Bitfinex, AscendEx, Gate, MEXC and some other trading platforms around 5:00 PM UTC. Bitfinex and Bybit will start trading at 1:00 PM UTC.
Burnt Finance is rebranding to Burnt and will launch its own blockchain Xion. According to the blog post the network will be utilizing the Cosmos SDK and Tendermint Consensus for cross-chain interoperability and sovereign governance.