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On-chain analytics firm Santiment reports the second largest spike of tokens shifted to exchanges this year, with the recent move of 60 million MATIC tokens.
More info: https://shorturl.at/efhpG
Arbitrum – a leading Layer-2 scaling solution for Ethereum – started distributing its governance token (ARB) on April 25th.
The airdrop is part of the platform’s roadmap, which designated 1.13% of the overall 10 billion token supply for qualified DAO projects. According to the latest data, Arbitrum has distributed over 90 million ARB worth $120 million to 125 DAO wallets.
More info: https://bit.ly/3N8VsXd
Payments giant Visa is looking to add backend developers to its crypto team — particularly those savvy with public blockchains and stablecoins.
More info: https://bit.ly/40wSMpy
The XRP Ledger community recently unveiled the XRPL Accelerator program, a 12-week initiative tailored to support blockchain entrepreneurs building on the XRP Ledger (XRPL). It offers a $50,000 grant, mentorship from industry leaders, and opportunities for startups to refine their product-market fit and network with investors and partners.
More info: https://bit.ly/3NfwBkC
The leading analytics firm IntoTheBlock says that 650,000 ETH worth $1.21 billion has been deposited into the staking contract after Shapella, resulting in net withdrawals of 720,000 ETH worth $1.34 billion.
More info: https://bit.ly/3V6q3GV
Thetanuts Finance, a multi-chain structured products protocol, has closed a $17 million funding round led by Polychain Capital, Hyperchain Capital and Magnus Capital.
The new funding will help the company create new partnerships with layer 1 and layer 2 networks, liquidity providers, blockchain foundations, market makers and exchanges.
More info: https://bit.ly/3Na7zDE
Real Vision founder and former Goldman Sachs executive Raoul Pal says:
“As liquidity comes back into markets, we will see the next rise of the crypto story. And the crypto story will go from 300 million users to a billion users or more in this cycle. And there will be applications you haven’t dreamt of, or things you thought weren’t coming. That will come at scale, whether it’s digital identity, whether it’s massive cases of Web3, whether it’s DeFi (decentralized finance), or whether it’s something entirely new. Whether it’s ticketing via NFTs (non-fungible tokens), who the hell knows?
In this next cycle, with the amount of capital that’s been invested in his space, that’s going to see yet another acceleration.”
More info: https://bit.ly/3H4sW5p
Wrapped bitcoin token cBTC has gone live on the Cardano testnet, with the project’s developers aiming to attract bitcoin (BTC) users to the nascent Cardano decentralized finance (DeFi) ecosystem.
More info: https://bit.ly/3oBUatE
Test in Prod, a contributor to the Optimism blockchain, has released OP Erigon, a version of the Erigon client software adapted from Ethereum's mainnet execution layer, as the ongoing push for multiple client software used within blockchains continues.
More info: https://bit.ly/3KZLjJV
Aptos (APT), the high performance Layer 1 blockchain protocol, has launched one of its most anticipated features, dubbed delegated staking. As unveiled on its Twitter account, Aptos said the delegated staking feature is user friendly and generally makes the service more accessible to users.
More info: https://bit.ly/3H2Xbtx
The Abu Dhabi Global Market's (ADGM) Registration Authority is seeking feedback on its proposed legislative framework for distributed ledger technology (DLT), targeting disclosures, liquidation and governance structures.
More info: https://bit.ly/3ovBqMz
The average daily trading volume of leading decentralized exchanges (DEXs) in the cryptocurrency space, Uniswap and Curve, has surpassed that of top centralized cryptocurrency trading platforms Coinbase and Bitstamp.
More info: https://bit.ly/41E7Hzm
1inch, the decentralized exchange (DEX) aggregator, is launching a version of its platform onto zkSync Era, the recently released Ethereum scaling network from Matter Labs.
ZkSync Era, which launched in March 2023, uses zero-knowledge cryptography to allow people to transact on Ethereum with higher speeds and lower fees. Era exists within a fast-growing category of Ethereum scaling chains, called zkEVMs, which say they will be able to support any app that’s currently based on Ethereum.
More info: https://bit.ly/43NGT18
Societe Generale-Forge (SG-Forge), a regulated subsidiary of the French banking firm Societe Generale, has launched EUR CoinVertible, the euro-pegged stablecoin for qualified institutional clients.
More info: https://bit.ly/3AeQqkk
The exploit appears to target experienced users who created their wallets between 2014 and 2022, according to MyCrypto founder and CEO Taylor Monahan. The attack vector remains undetermined, however.
More info: https://bit.ly/40jwPKl
Coinbase revealed that it has obtained a license to operate in Bermuda. The American exchange is reportedly planning to launch next week an offshore derivatives trading platform after receiving a license to operate in the island nation of Bermuda.
More info: https://bit.ly/3LhGUn3
Starbucks is offering you a much faster way to get rich: if you were lucky enough to obtain a “Holiday Cheer Edition 1 Stamp” last year — there were only 5,000 of them! — you could expect to sell it on for $1,000, according to Starbucks’ Odyssey NFT marketplace.
There have been 210 sales in the secondary market since the collection launched four months ago, with the most recent deal closing at $901 today.
More info: https://bit.ly/3KMz8Qx