headlines
The total market value of cryptocurrencies fell below US$2.6 trillion, with a 24-H drop of 5.9%
CoinGecko data shows that the total market value of cryptocurrency is US$2.593 trillion, with a 24 H decline of 5.9%. In addition, BTC’s market share is 49.7% and ETH’s market share is 15.2%.
BTC fell below 65,000 USDT, down 6.33% in 24 H
OKX market data shows that BTC fell below 65,000 USDT and is now trading at 64,860.2 USDT, with a 24 H drop of 6.33%.
Tether issues an additional 1 billion USDT on the TRON network
According to Whale Alert monitoring, Tether issued an additional 1 billion USDT on the Tron network. In this regard, Tether CEO Paolo Ardoino said that the 1 billion USDT is a supplement to the Tron network inventory and is an authorized but unissued transaction, which means that this additional issuance will be used for the next issuance request and Inventory exchanged across chains.
According to data disclosed by Lookonchain, the US government is transferring 30,174.703 BTC (worth approximately US$1.98 billion) confiscated by Silk Road, of which 2,000 BTC (worth approximately US$131.65 million) has been transferred to the Coinbase Prime wallet.
Industry News
The U.S. SEC issued a revised notice on the submission of Grayscale Spot Ethereum ETF (Conversion)
The U.S. SEC issued Notice of Amendment No. 1 to submit proposed rule changes for the listing and trading of Grayscale Ethereum Trust Shares, soliciting opinions from relevant parties on this change.
According to previous news on March 16, Grayscale Chief Legal Officer Craig Salm posted on the An important step.
Paradigm is raising $750 million in new fund
According to Tree News, crypto venture capital Paradigm is in talks to raise $750 million in a new fund. If all goes well, the fund may become the largest single fundraising fund for a crypto fund since 2022.
The Block Research Director @lars 0x disclosed March encryption market-related data on the X platform. The key points are as follows:
Most indicators continue to grow, with many hitting all-time highs.
Project News
Ethena has opened airdrop token applications
According to official news, Ethena Labs has opened applications for airdrops of ENA tokens.
Odaily Note: A fake account named
According to previous news, Ethena Labs posted on the Will be distributed to SchizoPosters, Redacted Remilio Babies, and Milady Maker series NFT holders, the snapshot was taken on March 26.
Binance will list Wormhole (W) and add a seed tag to it
According to the official announcement, Binance will list Wormhole (W) at 20:00 on April 3 (Eastern Eighth District time) and add a seed tag to it, and open the following spot trading pairs: W/BTC, W/USDT, W/ FDUSD, W/TRY.
The W recharge channel is now open; W withdrawal is expected to be open at 20:00 on April 4 (East Eighth District time).
Investment and Financing
The DePIN-optimized Ethereum-compatible blockchain IoTeX ecosystem has received US$50 million in financing. This round of financing was participated by Borderless Capital, Amber Group, Foresight Ventures, FutureMoney Group, SNZ, Metrics Ventures, E V3 and Waterdrip Capital.
The IoTeX team stated that this investment will drive the growth and ecosystem adoption of DePIN by investing in long-term pledged IOTX (the DePIN token that governs and drives IoTeX DePIN), and investing in IoTeX-based DePIN projects alongside the IoTeX Foundation and the DePINsurf Accelerator Fund . (CoinDesk)
Stablecoin issuing company Agora completed a $12 million seed round of financing, led by Dragonfly
Agora, a stablecoin issuance company, announced the completion of a US$12 million seed round of financing, led by Dragonfly, with participation from General Catalyst and Robot Ventures. Agora, co-founded by Van Eck and cryptocurrency veterans Drake Evans and Joe McGrady, issues stablecoins backed by cash, U.S. Treasuries and overnight repurchase agreements. (Bloomberg)
Character*Voice
Vitalik: L3 cannot magically improve throughput, there are other better solutions
Vitalik Buterin, co-founder of Ethereum, posted on the /Some fixed costs for withdrawing money.”
He added that there are other potentially easier ways to achieve the same cost savings as L3.
Base protocol leader: Base gas limit has been increased to 5 million gas/s
Jesse Pollak, head of the Base protocol, posted on the
Our long-term goal is to achieve 1 Ggas/s (which is 400 times more than today), and we will share more information on the latest progress in the coming weeks.
