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Publications
- Crypto.com Halts Its Launch in South Korea: Details
Crypto.com has put its foray into the South Korean market on hold due to regulatory issues, according to a recent report by Bloomberg.
Crypto.com has put its foray into the South Korean market on hold due to regulatory issues, according to a recent by reports.
In its recent email, the company noted that it is challenging for foreign exchanges to break into South Korea. At the same time, it has stressed that it remains committed to cooperating with local regulatory authorities. The company initially announced the launch of its app in South Korea earlier this month. It said that its South Korean customers would be able to gain access to more than 150 cryptocurrencies as well as some exclusive non-fungible token (NFT) projects.
https://u.today/cryptocom-halts-its-launch-in-south-korea-details
- Binance Launchpool Unveils Renzo As 53rd Project, Initiates BNB And FDUSD Staking For EZ Tokens
Cryptocurrency exchange Binance revealed its choice of the liquid restaking protocol Renzo (EZ) as the 53rd project to be featured on its Launchpool platform. Users now have the opportunity to stake BNB and FDUSD to earn EZ tokens during a 6-day farming period, commencing at 00:00 UTC on April 24th.
Renzo serves as both a liquid restaking token (LRT) and a Strategy Manager within the EigenLayer ecosystem. Acting as the gateway to EigenLayer, it secures Actively Validated Services (AVSs) while providing a more significant yield compared to ETH staking. Renzo protocol simplifies user interactions by abstracting away technical intricacies, fostering connection between users and EigenLayer node operators.
Following farming, Binance plans to list EZ for trading at 12:00 UTC on April 30th. EZ tokens will be available in pairs with various tokens, encompassing BTC, USDT, BNB, FDUSD, as well as TRY.
https://mpost.io/binance-launchpool-unveils-renzo-as-53rd-project-initiates-bnb-and-fdusd-staking-for-ez-tokens/
- Analyst Explains Why Bitcoin’s Fall To $ 50,000 Is On The Cards
Analyst Cheeky Crypto recently shared a Bitcoin price prediction that might not be what everyone wants to hear. According to him, the charts indicate a bearish setup in the short term, with lower highs and lower lows. The analyst pointed out that the market is currently in a ranging phase, with a targeted range and a recent relief rally discussed. The analyst highlighted resistance around the $ 68,000 to $ 69,000 range, expressing uncertainty about reaching it.
While the analyst views the current movement as a potential three-wave pattern, indicating a short-term correction followed by a medium-term pump towards $ 68,000, they warned that rejection at this level could lead to significant downside movement.
The analyst stressed the importance of the 200-day exponential moving average (EMA), considering it a crucial indicator for Bitcoin’s health. The analyst explained that a breakout above $ 73,777 would invalidate the bearish structure, but if Bitcoin gets rejected at $ 68,000 to $ 69,000, they anticipate targeting the 200-day EMA, currently around $ 50,741. This could coincide with a price prediction ranging from $ 52,000 to $ 55,000, where the analyst expects to find support.
https://coinpedia.org/news/analyst-explains-why-bitcoins-fall-to-50000-is-on-the-cards/
- Shiba Inu Team Fixes Shibarium Outage As SHIB Readies For Potential Surge
In a recent update, Shiba Inu developer Kaal Dhairya (@kaaldhairya), confirmed that a temporary outage affecting the Shibarium network has been resolved. The outage, triggered by networking issues among validators, briefly disrupted services within the Shiba Inu ecosystem, specifically the layer-2 blockchain solution, Shibarium.
Kaal detailed the cause and the subsequent resolution of the problem, stating, “There was a temporary Shibarium outage caused because of networking issues amongst the validators. Network is back up and running now.” He also noted that while the primary network functionality has been restored, some ancillary services such as Shibariumscan or external Remote Procedure Calls (RPCs) may continue to face disruptions until additional remedial steps are completed.
https://www.newsbtc.com/shiba-inu/shiba-inu-team-fixes-shibarium-outage-shib-surge/
- SatoshiVM Plans Runes Bridge Testnet Launch Next Week, Alpha Mainnet to Follow.
SatoshiVM will introduce the Runes Bridge on the testnet in the upcoming week, followed by its subsequent launch on mainnet Alpha.
Bitcoin zero-knowledge (ZK) rollup platform SatoshiVM (SAVM) revealed its intention to introduce the Runes Bridge on the testnet in the upcoming week, followed by its subsequent launch on mainnet Alpha.
Upon the official launch of the Runes Bridge, a specific set of Runes tokens, highly anticipated within the community, will receive priority support from SatoshiVM. Furthermore, the project plans to utilize SAVM from the Ecosystem Funds to incentivize users of Runes-related assets and early liquidity providers.
The SatoshiVM team has also indicated that the new campaign is currently in the planning phase, with SatoshiVM aiming to collaborate with various projects within the Runes ecosystem to foster the broader adoption of Bitcoin native assets.
The Runes protocol enables users to etch, mint, and transfer native assets on the Bitcoin network via specific transactions. It represents a new approach within the Bitcoin ecosystem for issuing fungible tokens with improved scalability. Each unit of a rune token is interchangeable, similar to the ERC-20 token standard, thereby facilitating the integration of additional financial attributes into Bitcoin.
https://mpost.io/satoshivm-plans-runes-bridge-testnet-launch-next-week-alpha-mainnet-to-follow/
- LFG
- MAGIC EDEN SURPASSED BLUR AS THE LEADING NFT MARKETPLACE IN MARCH.
Solana-based nonfungible token (NFT) platform @lens/magiceden enjoyed huge success in March. According to CoinGecko’s Q1 report, the NFT platform registered its biggest trading volume in March, leapfrogging high-flying firm Blur. In the report, CoinGecko highlighted that Magic Eden experienced a jump of about 194% to hit $ 765 million in trading volume.
In the report, CoinGecko noted that Blur experienced slight success last month, registering a trading volume of about $ 530 million. The report also stated that the success was partly a result of the platform’s Diamond reward program and its extended partnership with Yuga Labs.
https://www.cryptopolitan.com/magic-eden-surpass-blur-marketplace-march/
- Degen Chain L3 now tops the TPS charts within the Ethereum ecosystem
The average value transacted on Degen Chain is rather small at $ 0.27, however, compared to Ethereum and Base at $ 1,867 and $ 170, respectively.
Degen Chain, a new Ethereum layer-3 network, has recorded the highest transaction per second (TPS) count in the Ethereum ecosystem over the last 24 hours.
Degen’s TPS count increased 62% over the last day to notch 35.7 TPS — beating out the blockchain it was built on, Base, at 29.7 TPS, according to L2BEAT.
Arbitrum One, Ethereum and zkSync Era rounded out the top five.
https://cointelegraph.com/news/degen-chain-l3-tops-transaction-tps-charts-ethereum-ecosystem
- Ethereum on track for $ 1B annual profit as DeFi drives Q1 revenue.
Ethereum saw first-time profits only last year and if it can keep pace with its 2024 first-quarter results, it could see $ 1 billion in yearly income by the end of the year.
Blockchain network Ethereum is on the path to $ 1 billion in annualized profits after it netted income of $ 365 million in Q1, coming alongside a year-on-year quarterly revenue growth of 155%.
The network’s 2024 first-quarter income is a nearly 200% bump from the $ 123 million profit in Q4 2023, according to an April 17 report from The DeFi Report analyst Michael Nadeau.
Ethereum’s fee revenue — earned through users paying for transactions — hit $ 1.17 billion, up 155% from Q1 2023 and an 80% increase from the prior quarter.
https://cointelegraph.com/news/ethereum-tracking-billion-yearly-profit-from-defi-activity
- Epic perk from our frens at Mocaverse & Moca Foundation 💜
🔥We’re giving 500 WLs & 20 guaranteed codes for the $MOCA Token Public Sale! 🦄
To qualify, mirror & comment THIS post inside the Phaver app. Winners notified tomorrow by push notifications!
Details ⤵️
🔹Participation deadline: April 9th 1PM UTC. Code activation by April 11th.
🔹First Come, First Served (FCFS) with L3-L4 priority
🔹To increase your chances repost the above post ⤴️ and comment your Phaver username below 👇
Read more about $MOCA public sale 👇
https://medium.com/mocaverse/craft-your-way-to-moca-d838a5bdc393
- LFG
- Tether Adds $ 5.25B in Market Cap Liquidity: Is It a Good Thing?
Tether’s market cap has surged $ 5.25 Billion in March, signaling an increased demand for stablecoins in the cryptocurrency market.
The cryptocurrency market is witnessing a surge in liquidity, fueled by a significant increase in the market capitalization of Tether (USDT), the leading stablecoin in the ecosystem. Since the beginning of March, Tether’s market cap has climbed by over $ 5.25 billion, indicating a growing demand for stablecoins within the crypto space.
Tether Market Cap’s Upward Trend
This rise in stablecoin funding is a positive sign for overall market health. Stablecoins pegged to traditional assets like the US dollar provide stability within the often volatile cryptocurrency market. They act as a safe haven for investors seeking to enter or exit positions in other cryptocurrencies without converting back to fiat currency.
https://dailycoin.com/tether-adds-billions-in-market-cap-liquidity-is-it-good/
- People are so poor that the only thing they have is money
- SEC Holding Meetings With Nasdaq, CBOE, and NYSE Regarding Bitcoin ETF
The Securities and Exchange Commission (SEC) is currently holding meetings with major stock exchanges, including Nasdaq, CBOE, and NYSE, to discuss proposed Bitcoin exchange-traded funds.
This development is noteworthy for the crypto market as it could potentially pave the way for the approval of Bitcoin ETFs, which have been discussed and predicted enough.
Outcome of the Meeting
The impact and the outcome of these meetings could provide insight into the SEC’s stance on Bitcoin ETF and whether the applications will be approved shortly. If approved, Bitcoin ETFs could significantly boost the credibility and liquidity of the cryptocurrency market.
Approval May come this Week
FOX reporter says, The SEC is reviewing final applications, and despite much engagement and changes, potential spot approvals for Bitcoin ETFs are imminent.
Recently, in a post on X (Twitter), Eleanor Terrett highlighted that the Securities and Exchange Commission (SEC) is presently in the process of reviewing changes to the S-1 filings for spot Bitcoin ETFs.
- Bitcoin ETF may get rejected and trigger 20% price drop, Matrixport predicts
Bitcoin ETF may get rejected and trigger 20% price drop, Matrixport predicts.
Matrix, a US crypto investment company, believes that all current ETF spot Bitcoin applications pending in the Securities and Exchange Commission (SEC) do not meet the requirements set by the commission for obtaining ETF approval, according to their latest report.
Given the current Democrat-dominated leadership, they predict that the SEC will likely reject the applications in January. Matrix expects that the approval for these applications may happen instead in Q2 of 2024.
Exchange-traded funds (ETFs) are investment funds traded on stock exchanges, similar to stocks. Crypto ETFs track the prices of one or more cryptocurrencies. Investing in a crypto ETF can appeal to retail and institutional investors looking to gain exposure to the crypto market while avoiding some of the risks of owning crypto assets directly. For example, a crypto ETF investor would not need to personally manage crypto wallet security or custody.
https://cryptobriefing.com/bitcoin-etf-may-get-rejected-and-trigger-20-price-drop-matrixport-predicts/
- Bitcoin May See a Potential Crash After ETF Approval: Alex Kruger
Founder of Aike Capital and well-known economist and trader in the crypto space Alex Kruger predicts a Bitcoin crash after Spot ETF approval.
One of the major reasons he stated is that if ETF approval gets rejected, it may result in a Bitcoin crash.
As the highly anticipated approval of a Spot Bitcoin ETF draws near, economist and crypto trader Alex Kruger has warned investors and traders.
Here is what you should know according to his privileges.
The Sell the News Event
Kruger predicts that Bitcoin will initially surge following its expected approval date in January. Still, this rally will be followed by a drop below its pre-approval price within two weeks as profit-taking sets in.
Market Conditions
Kruger explains that the current market is very hot, with altcoins funding at rates between 20% to 60% and Bitcoin’s March futures annualized basis at around 17% to 20%.
If the ETF launches soon after approval and inflows are strong, it could help push Bitcoin prices higher. Similarly, if inflows are weak and ETF bids are rejected, Bitcoin could plummet.
Kruger also alerted traders and investors to set alerts for January in case the ETF gets disapproved, as this could cause a rapid collapse. He shared a chart that shows a timeline of the 2021 Bitcoin Futures ETF trade.
https://coinpedia.org/news/bitcoin-may-see-a-potential-crash-after-etf-approval-alex-kruger/
- Crypto Outlook 2024: Here’s When Bitcoin Price Will Hit New ATH 🐂
Renowned crypto analyst Stockmoney Lizards recently offered insights into the cryptocurrency market, focusing on current and future trends. It’s important to note that these opinions should not be taken as financial advice.
Key Predictions:
Bullish Momentum Continues: Stockmoney Lizards points out the ongoing bullish trend in the crypto market. This optimism is largely due to the growing acceptance of Bitcoin, the launch of Bitcoin ETFs, and increased investment from institutional players. Bitcoin’s role as “digital gold” and its use as a hedge against inflation also add to this positive outlook.
Expect Volatility and Corrections: Despite the bullish trend, Stockmoney Lizards anticipates some volatility and a possible correction, especially in early 2024, where prices might dip to the mid-$ 30,000 range. This is a realistic take on the market’s short-term fluctuations.
New Peaks and Halving Impact: The analysis foresees Bitcoin reaching new all-time highs (ATHs) in 2024, fueled by its halving event and broader adoption. Drawing from past trends, another ATH is projected for late 2025, offering a long-term view for investors.
Macro Factors in Play: Considering broader economic issues like recession and inflation, these are favorable for Bitcoin. The belief in Bitcoin as a stable value store during economic turmoil bolsters confidence that the current bull run will continue.
Continued Bull Run: Various catalysts are expected to sustain the market’s upward movement. This confidence stems from both internal crypto market dynamics and external economic conditions.
https://coinpedia.org/price-analysis/crypto-outlook-2024-heres-when-bitcoin-price-will-hit-new-ath/
- Ripple begins 2024 with 1 bln ritual unlock 🤯
In two separate transactions, Ripple [XRP] performed its first customary token 1 billion unlock of 2024. According to details from Whale Alert, a first set of 500,000,000 tokens was unlocked from escrow.
Minutes later, another 500,000,000 tokens left the Ripple wallet.
Another year, another unlock
At press time, the value of the total tokens unlocked was $ 611.42 million. For the uninitiated, Ripple unlocks these tokens as a strategy to stabilize the XRP price.
However, the latest unlock is different from the ones done by other projects. This is because the blockchain payment firm relocks them in escrow to keep the circulation in check.
https://ambcrypto.com/ripple-begins-2024-with-1-bln-ritual-unlock-how-about-xrp/
- Let's Go Bigger 2024
- Greater Height 2024
- Mate Black is the real deal
- First time attending @phaver.lens trivia on discord. I should say it's fun and so educative.
Let's Keep Phavering 👍
- LFG 🚀🚀🚀
- Ferrari Starts Accepting Crypto Payments for Luxury Sports Cars – Finance Bitcoin News
Italian luxury sports car manufacturer Ferrari has started accepting payment in cryptocurrency, citing requests from the market and dealers as the main reason for the decision. The company will initially accept bitcoin, ether, and USDC, and plans to expand the cryptocurrency payment option to Europe.
- Phaver raises $7M to help make onboarding to web3 social platforms easier
Web3 platforms are often thought of as spaces reserved for the tech-savvy or for people who know and use crypto. For good reason: Most require you to already have a crypto wallet or two, and onboarding a non-crypto-native user is frequently a difficult hurdle for many web3 platforms. The average individual is more often than not left daunted by the proposition, which usually leads them to shy away from the decentralized web.
Phaver aims to change that, particularly for web3 social platforms, and has raised $7 million in seed funding to build a service that provides a web3 onboarding experience that’s provides a web3 onboarding experience that’s similar to existing social platforms, the company exclusively told TechCrunch.
There is huge potential to disrupt the social media landscape with the help of blockchain technology, but “users will not care about the underlying technology,” Phaver’s co-founder and CEO Joonatan Lintala said. In order to drive real adoption, the user experience needs to feel like it’s a normal social-based app, not a high-tech one, he added.
Phaver’s tech is aimed at decentralized social protocols that aim to let people create, own and monetize their social media profiles, and allow them full control over how their data is shared. Users can also retain ownership of their social profiles and content across different social platforms, meaning that you’re not siloed onto one specific network.
The company has so far integrated its tech, or “social graph,” with the Lens Protocol, a decentralized social networking ecosystem, and CyberConnect, a web3 social network, according to a statement.
https://techcrunch.com/2023/10/05/phaver-7million-round-web3-onboarding/
- Ethereum Layer 2 StarkWare delays first token unlocks to April 2024
Ethereum Layer 2 developer StarkWare has delayed the first unlocks of its native StarkNet (STRK) token by over five months.
The new unlock date has been pushed to Apr. 15, 2024, from the previously scheduled date of Nov. 29, 2023, according to a transaction in one of the StarkWare token locking mechanism contracts carried out on Sunday, Etherscan shows.
Commenting on the delay, a StarkWare spokesperson told The Block: "We are focussing on building the technology. We are updating the roadmap as needed, and this includes an update to lockup."
https://www.theblock.co/post/254142/ethereum-starkware-token-unlocks-delay
- SEC initiates legal action against FTX's auditor
The SEC alleges that Prager Metis, an accounting firm engaged by bankrupt crypto exchange FTX in 2021, committed hundreds of violations related to auditor independence.
The United States Securities and Exchange Commission (SEC) has commenced legal proceedings against an accounting firm that had provided services to cryptocurrency exchange FTX prior to its bankruptcy declaration.
According to a September 29 statement, the SEC alleged that accounting firm Prager Metis provided auditing services to its clients without maintaining the necessary independence, as it continued to offer accounting services. This practice is prohibited under the auditor independence framework.
https://cointelegraph.com/news/sec-lawsuit-prager-metis-audit-ftx
- COINBASE ADJUSTS WITHDRAWAL DEADLINE FOR INDIAN USERS AMIDST REGULATORY CHALLENGES
In a significant move that has caught the attention of the cryptocurrency community, Coinbase, a leading global cryptocurrency trading platform, has made adjustments to its withdrawal deadline for its Indian users. This decision comes in the wake of the increasing regulatory challenges the platform is facing in India. While the company remains committed to the Indian market, it has taken several steps to ensure the security of its users’ funds and to comply with the regulatory landscape.
Extension of the withdrawal deadline
Coinbase’s initial communication to its Indian user base had set September 25, 2023, as the final date for accessing its platform in the country. Users were urged to withdraw their account balances before this stipulated deadline to avoid any potential inconveniences. This move was primarily driven by the regulatory hurdles that the platform was encountering, which also led to the suspension of new user registrations.
However, in a subsequent development, Coinbase has shown flexibility by extending this deadline. In a recent email communication to its Indian users, the platform announced that the new deadline for fund withdrawal has been moved to October 31, 2023. This extension provides users with an additional month to ensure that their funds are safely transferred out of the platform.
https://www.cryptopolitan.com/coinbase-adjusts-withdrawal-deadline-indian/
- SEC Sues Former Goldman Sachs Analyst for Insider Trading
The U.S. Securities and Exchange Commission has charged a former analyst at Goldman Sachs and Blackstone, for alleged insider trading.
On Sept. 28, the SEC charged Anthony Viggiano for insider trading ahead of numerous merger-and-acquisition deals.
The complaint, filed in the U.S. District Court for the Southern District of New York, alleged Viggiano tipped two friends on upcoming M&A deals and strategic partnerships.
Chief of the SEC’s Market Abuse Unit, Joseph Sansone, commented:
“As alleged in our complaint, Anthony Viggiano violated his employers’ trust by misusing his access to confidential information to repeatedly and unjustly enrich himself and his friends.”
https://cryptopotato.com/sec-sues-former-goldman-sachs-analyst-for-insider-trading/
- Celebrating 🎉🎉🎉my Level 3 on @phaver.lens with my day one hommies that we started on @lensprotocol far back last year
@27333.lens
@itachiuchiha.lens
@sonujkn1.lens
@bigwinnersx_.lens
@samosirboy.lens
@futuremoney247.lens
It's been a long journey
#WAGMI
- Solana (SOL) Is Currently The Most Preferred Altcoin Among Investors: Report
Digital asset investment products saw millions in outflows over the past seven weeks as interest in Bitcoin and altcoins in general shrank. However, one altcoin bucked the trend: Solana.
According to European Crypto asset manager Coinshares, institutional investors have been ploughing money into Solana investment products, registering inflows for the ninth week.
Coinshares noted that investors had poured $0.7 million into SOL over the past week through cryptocurrency investment providers. Solana pulled in $26 million on a year-to-date basis, making it “the most loved altcoin amongst investors at present”, the crypto asset manager said in the Monday report.
For comparison, Polygon products saw $8.6 million in outflows, while ether funds faced outflows of $3.2 million.
Bitcoin investment products recorded inflows totalling $3.8 million last week. However, short-bitcoin funds saw outflows for the 19th straight week, with total assets under management (AuM) dropping 48% from this year’s peak.
Coinshares observed that although flow activity dwindled, trading volumes swelled, totalling $2.8 billion last week — roughly 90% above the year-to-date average.
Solana has proven its resilience after enduring the FTX downfall and several network outages over the years without crumbling. The network, managed by an extensive, independent group of validators worldwide, is designed to provide high-speed performance.
Solana has, in fact, been attracting a lot of attention lately after MakerDAO’s co-founder Rune Christensen suggested launching the project’s future native blockchain — under the codename NewChain — using the codebase that underpins the 10th-largest crypto by market cap. MakerDAO is presently the biggest decentralized finance lender. As such, Maker’s endorsement would be a big symbolic win for the Solana ecosystem.
https://coinstats.app/news/THfNe3Tm1s_Solana-SOL-Is-Currently-The-Most-Preferred-Altcoin-Among-Investors-Report/
- Grayscale asks SEC to meet on 'way forward' for Bitcoin ETF conversion
We believe the Trust’s nearly one million investors deserve this fair playing field as quickly as possible,” Grayscale’s lawyers wrote to the regulator
Grayscale has told the Securities and Exchange Commission it has no legal reasoning left to block the conversion of the asset manager’s flagship Bitcoin fund to a spot exchange-traded fund.
On Sept. 5, Grayscale’s lawyers sent a letter to the SEC requesting the pair meet to discuss the next steps following the regulator’s court loss regarding the conversion of the Grayscale Bitcoin Trust (GBTC).
https://coinstats.app/news/9O5hQ9UTHD_Grayscale-asks-SEC-to-meet-on-way-forward-for-Bitcoin-ETF-conversion/
- Binance.US and SEC’s Joint Stipulation and Protective Order: What’s in the Secret File?
Binance‘s US branch, Binance.US, filed a motion for a protective order, and the US Securities and Exchange Commission (SEC) opposed it, leading to both parties submitting a joint stipulation and protective order. Furthermore, the recent court filing indicates that the SEC has requested access to “sealed documents,” suggesting that many people need to be prepared for impending bad news.
According to a court record dated September 5, 2023, the plaintiff, the US federal regulator SEC, and the defendants BAM Trading Services and BAM Management US Holdings (Binance.US) have submitted a joint stipulation and protective order. A stipulation is an official legal agreement between the parties made before a pending hearing or trial.
https://coinstats.app/news/sYs9ItrZuM_Bitcoins-Price-Movement-Will-It-Drop-to-20000-or-Soar-to-New-Heights/
- Binance Announces Refund Process for XIRTAM Victims: Over 1750 Victims Identified!
At the beginning of May, a project called “XIRTAM” stole funds from investors and transferred a portion of the stolen funds (approximately 1,909 ETH) to a Binance.com account. After freezing the Binance account and the funds deposited into the wallet, preventing the project team from accessing the funds, Binance recently announced the initiation of the refund request process to return the frozen funds to the victims.
Binance, the world’s largest cryptocurrency exchange by volume, has taken action to refund the frozen funds for the victims of the XIRTAM project. Binance’s security team carefully analyzed the project’s activities, including identifying the victims, including net losses. As a result of these efforts, over 1750 victim wallet addresses were identified, and the refund process for these wallet addresses has been initiated.
https://www.binance.com
- In all you become... Understandingg that there are some things you have no power about and there some things you can control makes you a very dangerous man... Stay You Always
- Missed Arkham Airdrop?
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Raised $15M
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[Join R3VL V2 Waitlist](https://form.zootools.co/go/bLFJhrGfkOoEQgt3I3LR)
Join our project and bring your friends ✨
- Breaking: FTX Launches Claim Portal for Creditors
Embattled FTX Derivatives Exchange has launched a Claim portal, the first move in its attempt to refund creditor's funds
As promised, the bankrupt digital currency trading platform, FTX Derivatives Exchange has launched a ‘Claim’ portal that will enable all of its creditors to officially file claims as one of the first steps towards recovering their locked funds from the trading platform.
The move comes on the back of more than $7 billion recovered by the current FTX management.
The FTX Claim Portal
Based on the general update, the claim portal is accessible via the claims.ftx.com platform. The user interface of this portal is simplified in a one-pager to enable anyone to navigate the platform easily.
As pointed out, the portal will allow former FTX Exchange users to access their FTX account information, obtain historical information, and submit an electronic proof of claim in the FTX Chapter 11 proceedings. While it is largely uncertain how much percentage claims will be made available to each user, the move has sent renewed optimism to users who had their assets locked on the exchange when it went bankrupt back in November last year.
The process of registering the claims involves 5 crucial checks that must be fulfilled. These steps include; account information authentication; account information confirmation of balance, and if necessary, submission of electronic proof of claim with the FTX Debtors’ claims and noticing agent (Kroll Restructuring Administration); KYC authentication, and; account balance review as of November 11.
[FTX Debtors’ Customer Claims Portal](http://claims.ftx.com)
- The new Bookmark feature is live on @lenster.lens, allowing users to add Bookmarks to their favorite posts. There's also a new 'Not Interested' option for content that doesn't match your taste.
Dive into the dev docs:
https://docs.lens.xyz/docs/bookmarks
https://docs.lens.xyz/docs/not-interested
- WEB3 is The Future
- LayerZero
LayerZero doesn’t have its own token yet but they have raised a total of $173.3M in funding from some DCG investors. How prepared are you to get some life-changing money via LayerZero Airdrop 🪂?
Like, Share & Repost If you want me to take you through the easiest steps to get in. Be aware the snapshot from LayerZero is imminent. #WAGMI
- Today marks our 1 Year Anniversary of making friends onchain 🎂!
Thank you to everyone who has made the first year of Lens Protocol so special and groundbreaking. Lens has brought together builders, creators, communities, and friends, all while in beta.
There's so much planned for the second year ahead, and we can't wait to continue to grow with all of you.
Who did you become frens with on Lens?
🎨 by @nftsushi.lens and all collect proceeds go directly to the artist.
- Me: “today is the day! I’m gonna get my shit together”
Also me:
- GM @layer3.lens
- Gala Surges 15% After Unveiling GALA v2 Airdrop
GALA, the native token of blockchain gaming platform Gala Games, jumped higher on April 18 after the news of the GALA v2 upgrade surfaced online.
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Gala Games has announced upcoming launch of GALA v2
Gala Surges 15% After Unveiling GALA v2 Airdrop
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
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GALA, the native token of blockchain gaming platform Gala Games, jumped higher on April 18 after the news of the GALA v2 upgrade surfaced online.
Gala jumped from lows of $0.043 to reach highs of $0.049 at the time of writing. GALA was up 15% in the last 24 hours at $0.048. The token is likewise up 15.36% in the last seven days.
GALA's 24-hour trading volume has also soared 133% as traders jumped into the market volatility to capture profits.
GALA v2 upgrade
Gala Games has announced the upcoming launch of GALA v2 on May 15. This upgrade will see users receive a new version of Gala tokens (V2) via an airdrop.
The upgrade to the Ethereum contract for the Gala token is expected to include several advancements, such as improved burn mechanisms, security upgrades and future upgradeability.
Additionally, a direct 1:1 token drop will see all users who now own GALA (v1) on Ethereum automatically receive the new GALA (v2) token. Gala (v1) will no longer be supported following this drop because it will not have any value after the release of the Gala v2 token.
[Gala Surges 15% After Unveiling GALA v2 Airdrop](https://u.today/gala-surges-15-after-unveiling-gala-v2-airdrop)
Gala Games has announced upcoming launch of GALA v2
- Shibarium utility skyrockets as wallet addresses reach 11 million: details
A spike in interacting wallet addresses was spotted on Shibarium’s testnet yesterday. According to PuppyScan data, the number of such addresses reached 11,113,441. This equates to a more than 170% rise in just four days: as reported by U.Today, on April 14, the number of wallets comprised 4,059,878. Apart from that, Puppynet’s other metrics have also seen an increase. In particular, the total transactions hit 3,299,702, while the blocks totaled 412,403. In the meantime, Shibarium’s gas token BONE continues gaining traction. CetoEX, a Dubai cryptocurrency exchange, announced that it will soon add support for the Shibarium gas token, BONE, on its platform.
[Binance Moves SHIB out of Innovation Zone, DOGE Jumps as Community Anticipates Starship Launch, Important XRP vs. BTC Signal Appears: Crypto News Digest by U.Today](https://u.today/binance-moves-shib-out-of-innovation-zone-doge-jumps-as-community-anticipates-starship-launch)
U.Today’s news digest helps you take a closer look at the latest events in the crypto industry
- Millions of XRP grabbed by whales, important XRP vs. BTC signal appears
Per data provided by Whale Alert, yesterday, about 48.8 million XRP tokens were moved from exchanges to unknown wallets. The move was done in two transactions: the first one carried 25,342,122 XRP worth $12,940,229 transferred from Binance, and the second, 23,500,000 XRP valued at $12,307,916 transferred from Bitso. Meanwhile, XRP recovered on April 14 in its BTC pairing after bouncing off significant support, following days of losing strength against Bitcoin. On April 14, XRP's Bitcoin pairing hit a low of $0.00001678 after six days of declines. After support was established at this level, XRP started rising. The recovery trend is anticipated to continue in the short term until at least a significant barrier, maybe at $0.00002, is reached. This is significant since most XRP rallies have taken place as its value in the Bitcoin pairing has increased.
Read more on U.Today https://u.today/binance-moves-shib-out-of-innovation-zone-doge-jumps-as-community-anticipates-starship-launch?utm_source=thecryptoapp
[Binance Moves SHIB out of Innovation Zone, DOGE Jumps as Community Anticipates Starship Launch, Important XRP vs. BTC Signal Appears: Crypto News Digest by U.Today](https://u.today/binance-moves-shib-out-of-innovation-zone-doge-jumps-as-community-anticipates-starship-launch)
U.Today’s news digest helps you take a closer look at the latest events in the crypto industry
- Dogecoin (DOGE) price jumps as community anticipates Starship launch
Yesterday, Dogecoin saw its price jumping 5% in about an hour. This happened as the DOGE community shared its excitement about the upcoming launch of SpaceX’s "Starship", a spacecraft that could potentially, per Elon Musk, carry cargo and humans to Mars. As the Tesla CEO announced the imminent launch of Starship in the past week, Sydney Ifergan, CEO of The Currency Analytics firm, commented, "Can't wait to see that rocket blasting off to the moon with a giant Dogecoin logo, the space just got a little more fun and meme-tastic." Another enthusiastic comment came from Dogecoin graphic designer "DogeDesigner," which reads "Doge projected on the Mega Bay, Starbase Tonight."
Read more on U.Today https://u.today/binance-moves-shib-out-of-innovation-zone-doge-jumps-as-community-anticipates-starship-launch?utm_source=thecryptoapp
[Binance Moves SHIB out of Innovation Zone, DOGE Jumps as Community Anticipates Starship Launch, Important XRP vs. BTC Signal Appears: Crypto News Digest by U.Today](https://u.today/binance-moves-shib-out-of-innovation-zone-doge-jumps-as-community-anticipates-starship-launch)
U.Today’s news digest helps you take a closer look at the latest events in the crypto industry
- Binance Moves SHIB out of Innovation Zone, DOGE Jumps as Community Anticipates Starship Launch, Important XRP vs. BTC Signal Appears: Crypto News Digest by U.Today
According to Binance’s recent announcement, the SHIB token will be moved out of the Innovation Zone today, April 18. Apart from SHIB, several other tokens, such as Frax Share (FXS), Trust Wallet Token (TWT) and 1inch (1INCH), will be transitioned as well. Innovation Zone is a secure platform created by Binance for users to trade new and innovative projects while managing their risks. During periodic reviews, the exchange identifies projects that have proven their worth and met its high standards. Those projects that fall under these criteria are then transitioned out of the Innovation Zone. Thus, Binance’s decision to move SHIB out serves as a vote of confidence in the token's future and may further solidify SHIB's position in the market
Read more on U.Today https://u.today/binance-moves-shib-out-of-innovation-zone-doge-jumps-as-community-anticipates-starship-launch?utm_source=thecryptoapp
[Binance Moves SHIB out of Innovation Zone, DOGE Jumps as Community Anticipates Starship Launch, Important XRP vs. BTC Signal Appears: Crypto News Digest by U.Today](https://u.today/binance-moves-shib-out-of-innovation-zone-doge-jumps-as-community-anticipates-starship-launch)
U.Today’s news digest helps you take a closer look at the latest events in the crypto industry
- Asia’s current gaming domination ‘crucial’ for Web3 games: DappRadar
Asia is home to 1.7 billion gamers and contributes over $72 billion in annual gaming revenue making it a critical market according to DappRadar.
Asia is “crucial” to the Web3 gaming industry as it already boasts the majority share of gamers, gaming revenue and has a high interest in blockchain technology a new report suggests.
An April 13 report from analytics platform DappRadar emphasized the Asian market has over 1.7 billion video game players accounting for 55% of the world’s gamers.
It also houses over half of the global gaming revenue and has long been “the driving force” behind the global gaming industry according to the report.
[Asia’s current gaming domination ‘crucial’ for Web3 games: DappRadar](https://cointelegraph.com/news/asia-s-current-gaming-domination-crucial-for-web3-games-dappradar)
A DappRadar report revealed Asia’s potential to drive the Web3 gaming industry as it already accounts for 55% of the world’s gamers and over half of the global gaming revenue.
- Been so privileged to have meet so many great minds on this beautiful ecosystem from @0xzelda.lens to @stani.lens and using @phaver.lens @orbapp.lens @zerion.lens @lensgardennft.lens and many more. It's just feel so magical