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Solana DEX Drift Plans to Airdrop 100 Million $DRIFT Tokens to Users 💸💸💸

Drift, a decentralized exchange protocol on Solana for trading crypto perpetual futures, is launching its governance token, DRIFT. The token will have a total supply of 1 billion, with 10% or 100 million tokens to be distributed through an airdrop to 180K users based on their activity on the platform.

New DEFI Project (TINECO) Will Beat Solana With Huge Gain Potential At 2024

Titan Ecosystem Presale Is Live

⭐️More secure blockchain
⭐️Faster Transactions
⭐️For first time in the blockchain technologey: setting up gas fee tiers
⭐️Titan Prepaid Cards
⭐️Metaverse game
⭐️Mainnet and Testnet for developers
⭐️Wallets for different devices
⭐️Titan Swap


⚡️Phase 1 is live⚡️

Website & Presale:
https://titaneco.tech

Tg Group:
https://t.me/titanecosystem

Tg Channel:
https://t.me/titanecosystem_news

Korean crypto markets hit 2-year trade volume peak 🔥

In Q1 2024, Korean crypto markets witnessed their highest trade volume in over two years, with KRW overtaking USD in cumulative trade volume, Kaiko says.

Trade volume in Korean crypto markets soared to its highest level in over two years in early March, driven by an improved macroeconomic environment and heightened competition among local exchanges, according to data from blockchain analytics firm Kaiko.

Despite Upbit‘s longstanding dominance in the South Korean crypto scene, boasting an average market share of 82% over the past three years, the recent changes in the landscape appear to have brought more competition to the market, with Bithumb and Korbit launching zero-fee campaigns toward the end of 2023.

Although Korbit’s market share has seen minimal growth, hovering around 1% in 2024, Bithumb experienced a significant surge, tripling its market share in the months following the implementation of its zero-fee policy in October 2023, analysts at Kaiko say. Despite the success of the zero-fee strategy in driving trade volume, the analysts noted that Bithumb faced a substantial revenue decline of 60% in 2023, prompting the exchange to discontinue the initiative.

Snapmuse Announces its launch on Multiple Launchpad 🔥

Snapmuse has announced its native token $SMX Initial Free Offering on Gate Startup starting from 18 Apr - 19 Apr and IDO on DAO Maker, Enjinstarter, GameFi and Cocktail Fund. IDO will be commenced on 12-17 Apr, 15-17 Apr, 17-18 Apr and 16-18 Apr respectively. The IDO price is set at $0.02 per $SMX, total supply of 500 million $SMX.

Snapmuse is a web3 funding platform for the entertainment industry, enabling creators to mint NFTs of their projects and sell them to fans. The platform offers exclusive access and rewards based on project performance, and also allows brands to create missions for fans to boost engagement.

Gate Startup Details:
— Price: $0
— Total Allocated for IFO: 1.5M $SMX
— Date: 18 Apr - 19 Apr
— Participation Type: $GT Holder Exclusive


IDO Details:
— Price: $0.02
— Initial MCap: $190K
— Total Supply: 500M $SMX
— Launchpads:
— Dao Maker: 12 Apr - 17 Apr
— Enjinstarter: 15 Apr - 17 Apr
— GameFi: 17 Apr - 18 Apr
— Cocktail Fund: TBA

Sen. Warren’s challenger scores cryptocurrency super PAC backing 💎

Many crypto proponents are donating money to boost attorney John Deaton’s chances to unseat Massachusetts Senator Elizabeth Warren on election day, according to Politico. Deaton, a political upstart, made a name for himself last year for his support for Ripple (XRP) and involvement in several landmark crypto cases.

The lawyer, who founded CryptoLaw, has been vocal about his disagreements with Warren and Gary Gensler, chair of the Securities and Exchange Commission (SEC), especially regarding their approach to crypto regulation.

In 2021, he sought to intervene in the SEC’s lawsuit against Ripple on behalf of XRP holders, arguing their interests were not adequately represented. In early 2024, Deaton moved to Massachusetts and registered as a Republican to take on Warren.

However, despite his significant involvement in crypto, Deaton has repeatedly stated that he is not running on crypto. He also didn’t mention digital assets in his original campaign announcement on Feb. 20

Deaton claims his decision to enter politics stems from a desire to address Warren’s policies directly.

Warren has been a vocal opponent of the crypto industry, advocating for stricter regulations, including measures against money laundering concerning digital assets.

Her stance has often sparked debates within the crypto community, with concerns that her policies could stifle innovation.

Gull Network Announces Testnet Launch on 22 Apr ⭐️

Gull Network announces the launch of its Testnet on 22 Apr, following the success of the Gull Game. The Testnet will run from 22 Apr to 29 Apr, offering participants the opportunity to explore the platform's features in a controlled environment. Rewards totaling $10,000, split between $MANTA and $GULL tokens, will be distributed to participants. 500 participants who complete the testnet tasks will have the chance to mint a Testnet NFT, redeemable for $GULL and $MANTA tokens after the launch.

Gull Network aims to revolutionize blockchain with user-centric, transparent, and decentralized solutions, positioning itself at the forefront of innovation in the decentralized movement.

Testnet Details:
— Testnet Period: 22 Apr - 29 Apr
— Rewards: Total $10K, Splitted $5K worth of $MANTA and $5K worth of $GULL.
— Winners: 500 Lucky Testnet Participants to Receive NFTs Redeemable for $GULL and $MANTA Tokens

Task to perform to be Eligible for the Rewards:
— Trade with any pair three times; and
— Add liquidity to one pair

It won`t get any better 🥺

Look no further for universal investments. @IVEX_token got you!

Everyone is trembling before their ICO! The queue of investors is growing, and free points are limited ‼️
Guys, the project is sponsored by several European funds.

And there is more…

IVEX expected investment amount has already exceeded threefold!!! 📈

#Investment #ICO #IVEX

Don’t you miss those updates:

https://t.me/IVEX_OfficialChat

https://t.me/ivex_token

https://www.instagram.com/ivex_token/

https://twitter.com/ivex_token

Hong Kong is set to approve spot ETFs for both Bitcoin and Ethereum as early as Monday, according to Bloomberg 😱

Hong Kong may approve ETFs for Bitcoin and Ether as soon as Monday. Harvest Fund Management Co. and a partnership between Bosera Asset Management (International) Co. and HashKey Capital are expected to receive approval.

BREAKING NEWS

SEC Seeks to Sue Uniswap in Effort to Constrain Rapid Growth of DeFi Sector 🔥

The SEC has warned Uniswap of an impending enforcement action, indicating potential violations related to securities laws. This comes amid a broader SEC crackdown on the crypto industry. The outcome of the case, focusing on DeFi technology, is unpredictable but significant given DeFi's rapid growth and mainstream finance's interest in its technology.

BREAKING NEWS

The United States announced that the unseasonally adjusted CPI annual rate in March was 3.5%, slightly higher than the expected 3.40% and up from the previous value of 3.20% 💰

McKenna Launches Arete Capital with $20 Million Initial Fund Target 💰

Arete Capital, founded by crypto anon McKenna and Ilya Paveliev, launched a $20 million hybrid fund on April 1. The fund, targeting institutional DeFi, real-world assets, blockchain gaming, and emerging crypto ecosystems, had $10 million in commitments at launch and aims to close the full amount in two months. Advisors include Collin Erickson, SparkC, and Odysseas.

Robinhood’s Bitcoin holdings surpass $9.5b, third only to Bitfinex and Binance 💸

Robinhood’s cold storage address has emerged as the third-largest single Bitcoin wallet, boasting ownership of 0.69% of the total BTC supply.

According to the data, Robinhood controls nearly 0.7% of Bitcoin’s (BTC) total supply, third only to Bitfinex ($12.6 billion), and Binance ($17.4 billion). The Coinbase executive noted that over the past six months Robinhood’s Btcoin holdings increased by approximately 14%, increasing its share on the market.

Grogan also pointed out that over the past six months, Robinhood’s users decreased their holdings in Ethereum (ETH), with the company’s reserves of ETH declining by 9% over the same period.

A Dogecoin developer provides important insights into Elon Musk's Grok AI's revelation about Dogecoin

Grok AI's claim about SpaceX launching Dogecoin nodes into space as part of the RadioDoge project drew attention to Dogecoin. Dogecoin core developer Michi Lumin clarified the situation amidst speculation.

Startup investments surge by 38% in Q1 💸

Crypto Koryo experts noted that the $2 billion figure broke a two-year downward trend and notched a 38% increase in investments compared to the fourth quarter of 2023. The number of transactions increased by 49% to 250.

Although the investment volume indicator is seven times lower than the all-time high (ATH), the beginning of the uptrend is reminiscent of the situation at the end of 2020 before the parabolic growth of the entire market.

Analysts drew attention to several features of the reporting period: series A investments that outperformed pre-seed rounds, a doubling of series A deals, and industry-focused firms led by a16z taking the lead.

The Ethereum ecosystem retained leadership in the number of transactions by a network; however, Solana has sharply caught up with the blockchain indicator. According to experts, this resulted from the boom of meme tokens on the network.

CoinGecko analysts also noted that meme coins became the most profitable cryptocurrency in the first quarter of 2024, recording a profitability of 1,312%. The top 10 by profit included meme coins released in March, such as Brett, Book of Meme, and Cat in a Dogs World.

Brett’s meme coin profitability amounted to 7,727% by the end of the first quarter. It is followed by Dogwifhat, which has increased by 2,721% since the beginning of the year.

The Philippines Securities and Exchange Commission (SEC) has accused eToro of offering securities that were not registered with the commission

The Securities and Exchange Commission in the Philippines has issued an advisory against eToro, stating it is not authorized to sell securities in the country. Despite eToro's global popularity, the SEC warns the public to be cautious of unregistered online investment platforms like eToro.

Binance Extends Portfolio Margin to Regular Users✅

Binance Portfolio Margin will now be extended to regular users who meet the minimum Cross Margin and Futures wallet balance requirement of 100,000 USDT. With this update, the following users are able to open Binance Portfolio Margin accounts and trade USDⓈ-M Futures, COIN-M Futures, and Cross Margin products with over 350 collateral assets.

— VIP users

— Regular users who meet the minimum Cross-Margin, USDⓈ-Margined and COIN-Margined wallet balance requirement of 100,000 USDT

Qualified users may enable Portfolio Margin on Binance Futures and Binance Margin trading pages. For instructions, users may refer to How to Activate the Portfolio Margin Mode on Binance.

🔔 Crypto Staking Rewards Surpass S&P 500 Dividends by 450% !

The average crypto staking reward now exceeds the average dividend paid by the S&P 500 by 450%, despite strong growth in both markets. On March 31, the S&P 500 recorded its best first-quarter growth in five years at 10.16%. However, its average dividend yield rate of 1.35% was the lowest since Q4 2021, with a difference of 0.23% from the all-time low of 1.12% recorded in Q1 2000. Crypto staking, on the other hand, offers an annual return average of 6.08%.

News from Munchables💎

Days after losing and recovering roughly $62.5 million from a rogue in-house developer, nonfungible token (NFT) game Munchables has announced an approach to avoid repeating the event.

On March 26, an Ethereum-based NFT game called Munchables was plundered of almost 17,400 Ether by a hacker who was later recognized as a developer. The situation calmed down shortly when the developer agreed to refund the stolen funds without demanding a ransom.

While Munchables narrowly avoided a massive loss, the developer has revealed that it is now implementing a number of modifications to “upgrade the security of the project’s funds and smart contracts.”

One of the methods is to add investment company Manifold Trading, market maker Selini Capital, and blockchain investigator ZachXBT as new multisig signers to assure the safe return of users’ assets.

Munchables said that developers from Manifold Trading and Selini Capital will re-audit and upgrade to new contracts, as well as monitor Munchables’ future dev hiring process.

Nethermind, an Ethereum infrastructure firm, plans to thoroughly audit the revised contracts before Munchables goes live again.

After the game’s relaunch, returning players will be eligible for higher awards. The platform has also promised to provide financial assistance to those involved in the recovery effort.

❓Ok x Introduces New Ordinals Marketplace Amid Bitcoin Inscription and BRC20 Buzz

On Tuesday, the crypto firm Okx announced the launch of a new Ordinals marketplace. The platform is accessible via the Okx Wallet and will enable users to mint and trade Ordinal inscriptions and BRC20 tokens. While the Ordinals marketplace is still in its early stages, users can take advantage of the ability to view and transfer Ordinal inscriptions using the multichain wallet.

Okx, the crypto firm, exchange, and Web3 company, has announced the Okx Wallet now provides seamless access to the groundbreaking Ordinal and BRC20 ecosystem.

Okx has always believed in the power of Bitcoin to revolutionize global markets and bring us closer to a truly decentralized system, Jason Lau, the chief innovation officer at Okx, said.

We are embracing Ordinals and BRC-20, despite early criticisms about their impact on transaction costs, because we see the potential of Bitcoin to expand its use cases into areas previously dominated by Ethereum-based applications, Lau added.