Planet Daily | Solana ecosystem meme market is hot; ether.fi has updated the airdrop amount (March 18)
headlines
Grayscale has submitted the Ethereum Trust Revised Form 19 b-4 to the U.S. SEC
Odaily News Grayscale Chief Legal Officer Craig Salm posted on the
Solana on-chain DEX transaction volume exceeded $3.8 billion on March 16, a record high
Odaily News DeFiLlama data shows that the transaction volume of DEX on the Solana chain exceeded US$3.8 billion on March 16, reaching US$3.808 billion, a record high.
According to monitoring by Odaily on-chain analyst @ai_ 9684 xtpa, the number of active addresses on the Solana network reached a peak of nearly a month (1.19 million) on the day BOME went online (03.14), and the number of active addresses increased by 115.66% during the period from 02.14 to 03.14.
Affected by the BOME craze, the number of newly issued Memes on the Solana network has surged in the past two days. The number of new SPL tokens on 03.14 was 8,849, which is expected to exceed the peak of the past month (9,690) this week.
Founder of ether.fi: Justin Sun’s huge airdrop is in compliance with the rules
Odaily News In response to the widespread feedback from the community that Justin Suns address will receive a huge ETHFI airdrop within 3 days of depositing it, ether.fi founder Mike Silagadze said on Discord that more tokens will be airdropped to small depositors. More details will be released soon. Will be announced later.
Mike also explained that Justin Sun’s address receiving a huge airdrop complied with the rules, because according to the airdrop design of ether.fi’s “countdown event”, every time the total amount of protocol pledge increases by 50,000 ETH, the total airdrop amount will increase by 0.125% of the supply. Therefore, the huge deposit behavior of Justin Sun’s address did not reduce the airdrop share of others, but instead increased the total amount of airdrops. As part of the campaign, in addition to matching an additional 0.125% of the token airdrop to new depositors, ether.fi will also match an additional 0.125% to existing users, meaning existing depositors can receive an additional 7.7 million tokens. ETHFI.
Odaily News The non-custodial liquidity staking protocol Ether.fi announced on the
Odaily News OrdinalsBot announced on the X platform that the Runestone airdrop has been completed, with a total amount of 112,383 pieces.
Industry news
Odaily News CoinShares data shows that investors have withdrawn a total of US$738 million from Bitcoin instruments on trading platforms in Germany, Canada and Sweden this year due to the low management fees of the US Bitcoin spot ETF. Stéphane Ouellette, CEO of FRNT Financial Inc., said that with Bitcoin hitting all-time highs, most exit investors are likely to switch from one Bitcoin product to another in pursuit of lower management fees.
James Butterfill, director of research at CoinShares, said some of the outflow may be a repatriation of U.S. investor funds, but it may also be due to long-term investors taking profits as Bitcoin rises.
However, the pace of outflows appears to be slowing. Across German, Canadian and Swedish crypto products, about 50% of year-to-date outflows occurred in January, while the most recent month-to-date outflows accounted for only about 26% of total outflows this year, according to CoinShares data. (Bloomberg)
Starbucks will end its beta Odyssey program on March 31
Odaily News Starbucks announced that its Web3 customer loyalty program Starbucks Odyssey, which is in beta, will be terminated on March 31 to prepare for the next step while we continue to develop the program. (TechCrunch)
According to news in September 2022, Starbucks officially launched the Web3 customer loyalty program Starbucks Odyssey. The project will be deployed on and supported by the Polygon network. The program combines the Starbucks Rewards loyalty program with an NFT platform, allowing its customers to earn and purchase digital assets to unlock exclusive experiences and rewards, such as perks or free drinks. Starbucks is trying to use Odyssey to give loyal customers a wider range of rewards while also building community.
Project News
Odaily news chain analyst ai_ 9684 xtpa monitoring pointed out that in the past 4 hours, the individual with the largest BOME position, sundayfunday.sol, has conducted the first batch of sales through multiple transactions, exchanging 190 million BOME for 19,640 SOL, making a profit of approximately 3.76 million. USD (average cost $0.00004691).
The sale of this address caused the price of BOME coins to drop by 12% in a short period of time (from $0.019888 to $0.017703). Currently, the address still holds 1.242 billion tokens, worth approximately $27.58 million.
Arbitrum opens voting for “Game Catalyst Project” proposal
Odaily News Snapshot shows that Arbitrum has launched voting on the Game Catalyst Program (GCP) proposal. The proposal aims to promote development by allocating 200 million ARB to gaming projects within the ecosystem. The purpose of this vote is to evaluate whether the DAO has reached a consensus and decide whether to start implementing and funding the game catalyst plan and create corresponding funds.
Previously, the Arbitrum Foundation announced plans to invest 200 million ARB (approximately US$400 million) within two years to promote gaming projects on its blockchain. The foundation will ask its DAO to approve the plan, which will invest much of the money in accelerating the development of its gaming ecosystem by providing grants to publishers and developers.
Odaily News OP Labs posted on the X platform that OP Sepolia will be upgraded to support the fully functional OP Stack fault proof (Fault Proof) version on March 19. This upgrade will introduce some breaking changes that will impact bridging, CEX, and custom solutions using withdrawals. The team is asking relevant developers to update logic to support trouble tickets, update withdrawal monitors, and update dispute monitors.
The proposed fail-proof upgrade requires developers to update the withdrawal logic before OP Sepolia is released to enable these fail-proof changes. Importantly, withdrawals between OP Sepolia and Sepolia will no longer be instant as they will use a proof-of-failure mechanism.
Cosmos ecological project Saga announces airdrop to CryptoPunks and BAYC holders
Odaily News Cosmos ecological scalability protocol Saga announced on X that it has added CryptoPunks and BAYC holders as airdrop targets of SAGA tokens.
Opentensor Foundation: Bittensor roadmap will be announced next Thursday
Odaily News The Opentensor Foundation stated on the social platform that it will announce the Bittensor roadmap next Thursday.
The Opentensor Foundation also revealed that the roadmap may include expanding Bittensor beyond the root network in 2024, implementing sudo form management, and adopting a PoS mechanism, etc.
Mask Network is about to launch a token staking plan
Odaily News Mask Network announced on the
The team stated that by providing additional token rewards, it hopes to create rich opportunities for users to explore blockchain services and applications. The Mask Network team is committed to building a supportive and collaborative ecosystem that paves the way for the future of decentralized social networks.
DAO Maker announces expansion to Solana network with 4 upcoming Solana IDO projects
Odaily News DAO Maker announced on the .
Odaily News Kedar, the founder of DEX ZigZag on zkSync, published a post on the X platform through the projects official account, revealing that the team of the decentralized betting platform ZKasino forged most of the income and asked users to be cautious in participating in their ICO activities.
Kedar said this is the main reason why ZigZag has made so little progress since its early days. The incompetence and fraud of some team members have caused difficulties for him to run the company, but he will do his best to resume the project and continue operations without these personnel, but specific operating results cannot be guaranteed.
It also stated that Zkasino founder (Derivatives Monke) was a team member of ZigZag and was responsible for the loss of most of the funds that the project had in custody on behalf of investors. But at this time, Kedar has no actual evidence that any theft was involved.
Pacmoon: Claims for PAC Aridrop 1 are live, Aridrop 2 will be launched in 12 days
Odaily News Blast ecological Meme project Pacmoon posted on the X platform that the application for PAC Aridrop 1 has been officially launched, and there are less than 12 days until the launch of Aridrop 2.
Aridrop 2 page shows: (on X platform) Create content about Pacmoon, more views equals more PAC. The leaderboard is updated every 30 minutes.
Milady founders wallet stolen, millions of dollars stolen from treasury address
Odaily News Milady founder Charlotte Fang (pseudonym Krishna Okhandiar) claimed that her device system was hacked and all imported wallets were stolen.
Community user monitoring pointed out that millions of dollars worth of ETH and NFT in Miladys treasury address have been transferred to a new wallet, and hackers are selling related NFTs.
Charlotte said that the impact of the incident is still being evaluated, and technical analysis will be announced later. It is initially determined that the losses are mainly Fumo LP assets and NFT pledged in NFTX. The contract ownership of the NFT itself is still safely stored in the hardware wallet.
Investment and Financing
Odaily News Decima GP Limited announced that its fund Decima Fund has completed raising approximately 4.5 billion yen (approximately US$30 million) this week. The fund will focus on the Web3 industry, incubating domestic projects that expand overseas markets and overseas projects that expand the Japanese market. , and invest in listed tokens.
It is reported that the fund is jointly operated by gumi, MZ Cryptos, SBI Holdings and Animoca Brands.
With this funding, Decima GP Limited aims to expand the influence of Japanese Web3 companies globally and support global players to enter Japan. It has already decided to invest in 10 projects. (PRTimes)
Odaily News NFT shooting game MadWorld development studio Carbonated announced the completion of an $11 million Series A round of financing, led by South Korean gaming giant Com 2 uS, with participation from a16z, Bitkraft Ventures, Cypher Capital, Blocore, Goal Ventures and WAGMI Ventures. The studio previously received $8.5 million in funding in 2020, with a16z and Bitkraft Ventures also participating.
It is reported that MadWorld combines competitive shooting action from a third-person perspective with territory control gameplay based on NFT land assets. The game is open for early beta registration and will officially launch to the public sometime in 2024. (Decrypt)
Derivatives trading platform D 2
Odaily News The Netherlands-based cryptocurrency derivatives trading platform D2 .
It is reported that D2X has obtained the European Union’s derivatives business license through the Dutch Financial Market Authority (AFM), and the exchange will go online in the second quarter of this year. (CrowdFundinsider)
Odaily News Superchain App Accelerator received US$3 million in funding from Thirdweb and Optimism to promote the development of Web3 games. The accelerator is designed to help developers create Web3 applications and support seamless, user-centered games. experience.
The accelerator program provides funding to developers of OP Mainnet, Base and Zora, Mode, and Fraxtal networks. The first phase has begun and will be expanded to Lisk and Redstone in the future. (PlaytoEarn Games)
Odaily News Berachain ecological project Honeypot Finance announced the completion of seed round financing. DEXT Force Ventures, Candaq Ventures, PudgyAlpha, Sanyuan Capital, 0x sky 404 and Khans Kitchen participated in the investment. The financing amount was not disclosed.
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Binance CEO: Expects continued inflows into spot Bitcoin ETF to push Bitcoin past $80,000
Odaily News Binance CEO Richard Teng said at the event in Bangkok that Bitcoin will continue its record rise and rise above $80,000 as institutional investors pour more funds into spot Bitcoin ETFs. We are just getting started. More endowments and family offices are expected to increase allocations to Bitcoin ETFs in the near term.
Odaily News Crypto.com CEO Kris Marzsalek said in an interview with CNBC’s Squawk Box that funds flowing into spot Bitcoin ETFs have driven the rise of cryptocurrencies. He also believes that we may be in the December 2020 or January 2021 phase of the previous cycle and that the current price adjustment is healthy.
