Rhythm Evening News | Binance listed Bittensor (TAO) and added a seed tag to it; Binance Labs announced investment in BounceBit
Featured News:
1.Binance listed Bittensor (TAO) and added a seed tag to it
2.Binance Labs announced its investment in BounceBit
3.CZ's new project Giggle Academy will launch a Beta version, and the waiting list has been opened
4. Bitcoin mining difficulty increased by 3.92% to 86.39 T, a record high
5. Bitcoin ecosystem NFTs generally rose, Rune Pups rose more than 53% in 24 hours
Price Observation
Bitcoin briefly broke through $71,000
According to OKX market data, Bitcoin briefly broke through According to market data, Bittensor (TAO) rose nearly 20% in 1 hour and is now quoted at $689.84.
AUCTION broke through $25, up 14.73% in 24 hours
Maybe affected by the news that Binance Labs announced its investment in BounceBit, AUCTION broke through $25, up 14.73% in 24 hours.
TAO LSD service provider Rivus DAO token RIVUS broke through $0.11, setting a new record
According to market data, Rivus DAO token RIVUS broke through $0.11 and is now quoted at $0.1146, with a 24-hour increase of 44.2%, setting a new record high.
It is reported that Rivus DAO aims to unlock DeFi on AI protocols/ecosystems by providing LSD services to blockchains such as Bittensor (TAO). Rivus DAO provides a liquid mortgage solution using rsToken, allowing users to receive staking rewards while staying on DeFi native networks such as Ethereum.
PENDLE breaks through $7.5, setting a new all-time high
According to market data, PENDLE broke through $7.5 and is currently quoted at $7.506, up 19.7% in 24 hours, setting a new all-time high.
Bitcoin ecosystem NFTs generally rose, Rune Pups rose more than 53% in 24 hours
According to Coingecko data, the floor price of NFTs in the Bitcoin ecosystem generally rose, including:
· Runestone’s floor price is currently reported at 0.092 BTC, with an increase of 14.2% in the past 24 hours.
· The floor price of Rune Pups is now 0.12 BTC, with an increase of 53.6% in the past 24 hours;
· The floor price of Bitcoin Puppets is now 0.41 BTC, with an increase of 10% in the past 24 hours;
· The floor price of RSIC METAPROTOCOL is now 0.086 BTC, with an increase of 19.3% in the past 24 hours;
· The floor price of Bitcoin Wizards is now 0.12 BTC, with an increase of 12.5% in the past 24 hours.
BRC-20 tokens generally rose, ORDI rose more than 10% in 24 hours
According to market data, BRC-20 tokens generally rose, including:
ORDI is currently quoted at $77.34, up 10.54% in 24 hours.
SATS is currently quoted at $0.0(6)494, up 5.67% in 24 hours;
RATS is currently quoted at $0.000272, up 10.93% in 24 hours;
MICE is currently quoted at $0.024, up 29.1% in 24 hours;
BTCS is currently quoted at $1.18, up 10.1% in 24 hours.
TON breaks through 7 US dollars, setting a new historical high
According to OKX market data, TON broke through 7 US dollars, setting a new historical high; the current price is 7.083 US dollars, with a 24-hour increase of 10.0%.
Transaction Tracking
ENA, UMA, and MKR are at the top of the Smart Money 24-hour inflow list
According to Nansen 2 data, Smart Money's 24-hour Ethereum network capital inflow tracking list is as follows:
ENA: approximately US$9.9 million, currently quoted at US$1.489, a 24-hour increase of 5.38%;
UMA: approximately US$360,000, currently quoted at US$3.623, a 24-hour decrease of 0.36%;
MKR: approximately US$150,000, currently quoted at US$3,398, a 24-hour increase of 0.83%.
A trader bought about $2.59 million of ENA on the chain in the past 45 minutes
According to Spot On Chain monitoring, a trader spent 725 ETH (about $2.59 million) in the past 45 minutes to buy 1.783 million ENA on the chain at an average price of about $1.453.
The trader has made a profit of $6.18 million through LDO, MATIC and MEME in the past.
Wintermute associated address withdrew 40 million ANKR from Binance 1 hour ago, about $2.4 million
According to Scopescan monitoring, an address associated with Wintermute withdrew 40 million ANKR (about $2.4 million) from Binance 1 hour ago.
A certain whale withdrew 22,251 ETH from CEX in the past hour, about 80.06 million US dollars
According to Lookonchain monitoring, the address starting with 0xACc7 (possibly Matrixport) withdrew 22,251 ETH (about 80.06 million US dollars) from the trading platform in the past hour, and withdrew 33,925 ETH (about 122 million US dollars) from the trading platform in the past 3 days.
The address starting with 0x4359 has again withdrawn 3,092 ETH (about $11.12 million) from Binance, and has withdrawn 24,044 ETH (about $86.5 million) from Binance in the past three days.
A whale has withdrawn 6,838 ETH from Coinbase in the past six hours, about $24.24 million
According to The Data Nerd, a whale has withdrawn 6,838 ETH from Coinbase in the past six hours, about $24.24 million.
An address lost more than $840,000 in DEGEN tokens due to phishing
An address lost $846,600 worth of DEGEN tokens due to a phishing attack 13 hours ago.
In response to this, SlowMist founder Yu Xian analyzed that the attack was a permit offline authorization signature, which led to asset loss. Although the gas-free mechanism of offline signature improves the user's DeFi experience, it is also abused by phishing attacks.
HashKey deposited 500,000 PENDLE to Binance, equivalent to approximately $3.54 million
According to Lookonchain monitoring, 25 minutes ago, the HashKey associated address deposited 500,000 PENDLE to Binance, equivalent to approximately $3.54 million.
Currently, there are still 446,679 PENDLE (approximately $3.18 million) remaining in its address, and the total profit of PENDLE investment is approximately $9.7 million, with a return on investment of over 470%.
According to The Data Nerd, 1 hour ago, the new wallet address bc1qa withdrew 44.44 BTC (about 3.15 million US dollars) from Binance.
In one month, the wallet withdrew a total of 1,521 BTC (about 104.6 million US dollars) from Binance and Coinbase. The average price of BTC received by the wallet is 68,774 US dollars, and the current unrealized profit is 3.28 million US dollars.
A whale deposited 9,000 ETH into Binance, equivalent to about 32.1 million US dollars
According to @ai_9684xtpa, the whale who had previously built a position of 50,732 ETH from September 19, 2023 to date deposited 9,000 ETH to Binance 10 minutes ago, equivalent to about 32.1 million US dollars.
The whale had transferred 8,600 ETH from the trading platform at an average price of 3,146 in the past three months. If he sold all of them this time, he would make a profit of 3.7 million US dollars; he currently still holds 29,000 ETH, equivalent to about 105 million US dollars.
A certain address was liquidated with a UNI position worth $1 million
According to Lookonchain monitoring, whitzardflow.eth was liquidated 107,010 UNI positions (approximately $1 million) 1 hour ago.
From March 1 to March 13, he bought 262,045 UNI (approximately $3 million) at a price of $11.42 and deposited it in Aave, and then borrowed $1.8 million in stablecoins.
Due to the decline in UNI prices, he was liquidated 107,010 UNI (about 1 million US dollars) to repay his debts, and now there are still 155,034 UNI (about 1.46 million US dollars) remaining, with a health rate of 1.19.
Project Dynamics
PancakeSwap launches limit orders and time-weighted average price order functions
According to official news, the decentralized trading platform PancakeSwap announced the launch of limit orders and time-weighted average price (TWAP) order functions.
ZeroLend launches points system and opens Chapter 1
According to official news, multi-chain lending protocol ZeroLend announced the launch of the points system Zero Gravity Program, which will be divided into 3 Voyages, each of which includes 3 Chapters.
Currently, Chapter 1 Ignition has been opened for Voyage 1: Zero to Zillion (the other two Chapters are LiftOff and Boost), and the event time is April 11-April 29. The team has reserved 10% of the total ZERO airdrop for Voyage 1, of which Chapter 1 will allocate 5% of the total airdrop.
Dune has now integrated the social protocol Lens Protocol
Official news, blockchain analysis platform Dune Analytics has now integrated social protocol Lens Protocol data.
The relevant dashboard shows that a total of 295,692 Profiles and 290,906 Handles have been created on Lens, and 13,359,911 Publications and 31,522,368 Reactions have been conducted. In addition, the average number of interactive users per day reached 11,539.
Institutional-level asset management platform MSafe announced the launch of a DApp store based on the Sui network. The app store now supports Sui ecosystem head DeFi projects such as Navi Protocol, Scallop, Cetus, Turbos Finance, and will integrate more applications in the next stage. By creating an MSafe multi-signature account, users can easily access and interact with these applications.
The launch of this feature is expected to bring a higher level of security to the Sui ecosystem. In addition, MSafe also provides token minting and destruction business support to OndoFinance, a leader in the real world asset (RWA) industry with a market value of US$1.3 billion, to help it manage core assets such as USDY safely and easily.
It is reported that MSafe is an institutional-grade asset management platform founded by experienced blockchain and digital asset wallet developers and headquartered in Silicon Valley. MSafe has received support from well-known investors in the Web3 and Web2 fields, such as Jump Crypto, Circle Ventures, Coinbase Ventures, Superscrypt, Redpoint Ventures, SV Angel, Shima Capital and Spartan Group.
Louis Guthmann, head of product and market strategy at StarkWare, wrote that Starknet will introduce parallelization in the next upgrade.
By adding Block-STM (a parallel execution engine already adopted by Aptos) to the sorter, network performance is expected to increase from 100 TPS to 300-1000 TPS, which means a 3-10 times increase.
Solana Ecosystem DeFi platform Meteora said that the backend infrastructure will be upgraded today, so Meteora's user interface may be temporarily offline at 1 pm, which is expected to last about 4 hours.
Update notifications will be sent when the upgrade starts and completes.
Developer Platform Chainlink Functions is now available on Base
Chainlink Functions, Chainlink's self-service developer platform, is now available on Base. Chainlink Functions provides smart contract developers on Base with access to trust-minimized computing infrastructure, enabling them to obtain data from APIs and perform custom calculations.
Chainlink Functions is a serverless, self-service developer platform that can be used to test, simulate, and run custom off-chain logic for Web3 applications.
Solana ecosystem NFT lending protocol Sharky announced that it will airdrop tokens SHARK to Mad Lads and SMB Gen2 holders.
Eligible users must enter the website to book the airdrop quota before 8:00 am on April 14th, Beijing time.
SynFutures launches perpetual contracts such as Degen, ezETH, fwWETH and PAC
SynFutures launches perpetual contracts such as Degen, ezETH, fwWETH and PAC. The second phase of the points competition was launched on April 9th. Users can obtain triple rewards of Blast points, Blast gold and SynFutures points by providing liquidity and trading. The team has currently issued nearly 1 billion Blast points and nearly 500,000 Blast gold.
Since its launch on the Blast mainnet in March, SynFutures has accumulated a total transaction volume of more than 16 billion, a transaction volume of more than 1.1 billion US dollars in the past 24 hours, a TVL of more than 70 million US dollars, and a transaction volume of more than 12% of the entire Blast network.
SynFutures has received $38 million in financing from top industry institutions such as Pantera, Polychain, Dragonfly, and Standard Crypto, and the agreement has passed the Quantstamp audit.
CZ's new project Giggle Academy will launch a Beta version, and the waiting list is open
According to official news, CZ's new education project Giggle Academy will launch a Beta version, and the waiting list is now open.
BlockBeats previously reported that CZ said in March that it would launch an education project called Giggle Academy. This project aims to provide free basic education for students from grades 1 to 12. The core concepts include non-profit purposes, gamified learning experience and adaptive education mechanisms. At the end of March, it was stated that Giggle Academy already has a fully remote team of 10 people (including part-time and full-time). Project recruitment is still in progress, and the initial plan is to form a team of 15 people.
CeFi News
According to official news, Coinbase International and Coinbase Advanced have launched Ordinals (ORDI) and Worldcoin (WLD) perpetual contract transactions, and limit, market, take profit and stop loss orders are now all available.
Crypto lending platform Voyager recovers $484.35 million to repay creditors
According to Cointelegraph, crypto lending company Voyager Digital has reached a total of $484.35 million through insurance claims with FTX, Three Arrows Capital (3AC) and Directors and Officers (D&O) after bankruptcy. This marks a significant progress in Voyager Digital's financial recovery and creditor repayment.
In a comprehensive report filed with the Federal Bankruptcy Court for the Southern District of New York on the recovery of assets and distributions to creditors following Voyager Digital’s financial collapse, Voyager Digital disclosed that the majority of the recovery came from a settlement with FTX, approximately $450 million.
The settlement, including interest, represents approximately 25% of the total claims of Voyager’s creditors and is expected to be paid soon.
DWF liquidity market has launched AMB, NULS, PROM and other trading pairs
According to official news, DWF liquidity market has launched USDT trading pairs of NULS (NULS), Prom (PROM), MovieBloc (MBL), LeverFi (LEVER), Dusk Network (DUSK), Coti (COTI), Bella Protocol (BEL), and AirDAO (AMB).
BlockBeats previously reported that DWF Labs announced the launch of Liquid Markets, an institutional-grade OTC trading platform. The platform provides a compliant over-the-counter trading platform for blue-chip tokens and altcoins, available 24 hours a day.
Bitget will launch Masa Network (MASA) at 16:00 today
Bitget will launch Masa Network (MASA), the recharge channel is now open, and the MASA/USDT trading pair will be open at 16:00 today.
Masa is a global personal data network that can own, share and profit from your data, powering the decentralized artificial intelligence economy. Masa Network is a two-way data market that connects data suppliers (users) and data consumers (developers). On the data supply side, users are rewarded by contributing and processing data. We store user data in private data cabinets. On the data demand side, developers use Masa data to build decentralized artificial intelligence applications.
Binance lists Bittensor (TAO) and adds seed tags to it
According to the official announcement, Binance will launch Bittensor (TAO) at 20:00 on April 11, 2024 (Eastern Time 8), and open the following spot trading pairs: TAO/BTC, TAO/USDT, TAO/FDUSD, TAO/TRY.
OKX Web3 wallet is now online on the Runes market page
According to official news, the OKX Web3 wallet is now online on the Runes market page and will support the protocol change as soon as possible, thereby supporting users to mint and trade Runes protocol assets.
It is reported that the OKX Web3 wallet has previously taken the lead in supporting Bitcoin asset protocols such as BRC-20, SRC-20, ARC-20 and Rune Alpha, and has launched the Atomicals market and the Ordinals market, which are completely decentralized and interactive without platform service fees. Users can experience it immediately by updating the OKX APP or OKX Web3 plug-in wallet to the latest version.
Opinion data
Bitcoin mining difficulty increased by 3.92% to 86.39 T, a record high
According to BTC.com data, the difficulty of Bitcoin mining has been adjusted at block height 838,656 (2024-4-11 5:17:33), and the mining difficulty has been adjusted by 3.92% to 86.39 T, a record high. The current average computing power of the entire network is 683.31 EH/s.
Data: BounceBit TVL exceeds US$780 million
According to official website data, BounceBit TVL has reached US$784 million, including US$646 million in Bitcoin, 37.72 million USDT and other assets.
According to Cointelegraph, VanEck CEO Jan van Eck said, "The US Bitcoin spot ETF mainly attracted retail investors. I was surprised, but I think this is not driven by traditional investors. I still think that 90% of the funds inflow into the Bitcoin spot ETF come from retail investors."
"Rich Dad Poor Dad" Author: I also believe that Bitcoin will rise to 2.3 million US dollars
Robert Kiyosaki, author of "Rich Dad Poor Dad" Kiyosaki posted on social media, "Cathie Wood guarantees that Bitcoin will reach $2.3 million per coin. Do I believe her? Yes, I do. She may be wrong. So what? The more important question is what do you believe? The most important thing is how much Bitcoin do you own? I also believe that Bitcoin will reach $2.3 million."
BlockBeats previously reported that Ark Invest CEO Cathie Wood said in March that if institutions can allocate 5% of their shares to digital currencies, Bitcoin will rise to $2.3 million.
Data: Swell L2 TVL has exceeded 100 million US dollars
Ethereum staking protocol Swell Network officially stated that within 24 hours after opening the pre-launch deposit window of Swell L2, TVL has exceeded 100 million US dollars.
Ethereum network gas fee dropped to 14 gwei
According to Etherscan data, the current Ethereum network gas fee has dropped to 14 gwei.
Funding Express
Binance Labs announced investment in BounceBit
According to the official announcement, Binance Labs announced an investment in Bitcoin re-staking and CeDeFi protocol BounceBit, aiming to expand Bitcoin's capabilities beyond traditional value storage.
BounceBit transforms BTC from a passive asset to a dynamic force within the ecosystem by actively participating in network verification and various yield-generating activities.
According to UK Tech, blockchain recruitment and background check service company Veremark has completed $3 million in financing, led by Samaipata and Stage 2 Capital, with participation from ACF Investors and Vulpes Investment.
It is reported that Veremark was founded in 2019 and provides companies with background screening services for recruitment and assessment, which can also be used to screen existing employees, business partners, limited partners and founders.
Sharpe Labs Completes Seed Round Financing, Animoca Brands and Others Participate
According to official news, AI-driven crypto application Sharpe Labs announced the completion of seed round financing, with participation from Animoca Brands, GBV Capital, Morningstar Ventures, Maven Capital, Metabros, Contango Digital Assets, Ape Terminal and AIT Protocol, etc. The specific amount of financing has not been disclosed.
AI startup Mindverse completes $5 million seed round financing, led by Square Peg
Singapore AI startup Mindverse has completed a $5 million seed round of financing, led by Square Peg.
The startup will use the funds to further research and product development to advance its large-scale personalized model.
Mindverse was founded in 2022 by former Meta executives and AI researchers. Its flagship products include MindOS Studio (which helps create AI-native websites with personalized chat experiences and interfaces) and Mebot (a productivity tool that learns and remembers user ideas and preferences).
BAYC NFT-based blockchain game BORED SLOT has completed $10 million in financing, with participation from PLUTUS VC and LD CAPITAL.
The new funds will be used to launch an entertainment platform where users can exchange token rewards for participation. BORED SLOT's parent company is Spin City. The SPC tokens launched by Spin City for the first time will be used by BORED SLOT first.
GPU.net, a decentralized GPU infrastructure company, announced the completion of a $5.25 million Series A financing round, with Momentum 6, Spicy Capital, Exnetwork Capital, BlackDragon, Crypto Banter and others participating in this round.
Previously, in August 2023, GPU.Net completed a $500,000 financing round, with Momentum 6 and Alphablockz participating.
GPU.Net aims to meet the computing power needs of new technologies such as generative AI, Web3 metaverse, cryptocurrency mining, and high-end graphics rendering by providing decentralized GPU infrastructure.
Regulatory News
Luno becomes one of the first crypto companies to receive a license in South Africa
According to CoinDesk, crypto trading platform Luno said it has obtained a license from South Africa's financial regulator, becoming one of the first regulated crypto entities in the country.
South African regulators began accepting license applications from crypto companies after passing legislation in June 2023 to include cryptocurrencies in the scope of regulated financial activities.
HashKey Capital has obtained an exemption from the Hong Kong Securities and Futures Commission (SFC) for the qualified investor clause in its existing asset management (No. 9) license for HashKey Capital Limited.
As one of the first virtual asset management companies to obtain such a license upgrade, HashKey Capital Limited will be able to provide virtual asset-related fund product services to retail investors in the future (specific products are subject to final approval by the SFC).
In addition, the license upgrade will also bring new product categories to HashKey Capital, opening up new markets and opportunities, while also enabling it to reach a wider range of investors and expand its influence in the field of virtual asset management.
This follows HashKey Capital’s announcement on April 6 of a strategic partnership with Bosera International to drive innovation and promote industry growth. With the recent license upgrade, the partnership is expected to pave the way for both parties to jointly research innovative fund products, including spot ETFs, and bring new investment opportunities to retail investors.
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