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2023-04-13 11:18:55 FTX has recovered $7.3B in assets and will consider rebooting exchange in Q2 2024

Lawyers representing FTX, Sam Bankman-Fried’s failed cryptoexchange, said the firm had recovered roughly $7.3B in liquid assets. According to the legal team, FTX will also consider restarting its crypto exchange operations sometime in the second quarter of 2024 — suggesting a reboot as early as April. Price of FTX’s $FTT token surged from $1.32 to $2.80 at the same time lawyers announced the potential reboot. Current $FTT price is $2.4.

cointelegraph.com/news/ftx-has-recovered-7-3b-in-assets-will-consider-rebooting-exchange-in-q2-2023 Open / Comment

2023-04-12 20:22:50 Sei has raised an additional $50M for its ecosystem fund from Bitget and Foresight

Sei, a layer-1 blockchain focused on trading, has raised an additional $50M for its ecosystem fund from Bitget exchange and Foresight Ventures. The newly announced commitment will further attract projects to Sei, bringing the total size of ecosystem fund to $120M, with prior contributions coming from Multicoin Capital, Hudson River Trading and GSR. The fund will be used to invest in projects building on Sei as well as to provide liquidity for trading.

fortune.com/crypto/2023/04/12/blockchain-sei-labs-50-million-ecosystem-investment-bitget-foresight Open / Comment

2023-04-12 19:28:49 Rejuve AI (RJV) has introduced its Roadmap for 2023 with the release of the Longevity App in Q2

Rejuve AI $RJV, a decentralized, AI-driven longevity research network, has introduced its Roadmap for 2023. Rejuve AI plans to release the Longevity App on the App Store and Google Play in Q2, which will include a large-scale update of Bayes Expert, the underlying AI system in the app. The Longevity app will also continue to see ongoing UX/UI and feature enhancements. Moreover, Rejuve AI announced regular ongoing progress including the filling of key team roles and onboarding new partners.

medium.com/rejuve-io/rejuve-ai-roadmap-2023-outlook-93b4c466b4ce Open / Comment

2023-04-12 18:21:23 Cardano (ADA) has launched its first native light wallet platform – Lace

Input Output Global (IOG), a development lab behind Cardano $ADA, has released Lace 1.0 – the first light wallet platform for the Cardano network. With Lace, users can send and receive Cardano digital assets, NFTs, and native tokens. Also, users can stake $ADA directly from their wallet to contribute to security of network and receive rewards for their participation. Fiat-to-crypto on-ramps, a dApp store, in-wallet swaps and staking enchantments are expected in future releases.

lace.io/blog/hello-web3-lace-1-0-is-live Open / Comment

2023-04-12 15:03:18 Biggest Upcoming Token Unlocks in April (Part 2)

Monitoring of vested tokens and future unlock events is an important step to make more cautious and, in the end, better investment and trading decisions. Let’s take a look at some massive unlocks coming in April, including $BIT, $APE, $UNI, $FIL, $AXS, $LDO and $GRT tokens, according to relevant trackers. Open / Comment

2023-04-12 13:21:06 Less than 1% of staked ETH estimated to sell after Shanghai upgrade, Glassnode predicted

Just 170,000 of total 18.1M $ETH staked on the Beacon Chain will be unlocked within the first week of Shanghai hard fork being executed on Ethereum, Glassnode has predicted. The analytics firm backed up its prediction by explaining that only 253 depositors are waiting to exit their stake, and that a few mechanisms are in place to prevent a flood of $ETH supply from hitting the market all at once. Moreover, only 22% of these 253 depositors are currently in profit.

The average deposit price across all staked $ETH is $2,136, down 12.7% from current price of $1,865, which equates to a net unrealized loss of $4.7B. The Shanghai upgrade is set to take effect today, on April 12th, at 10:30 PM UTC.

cointelegraph.com/news/less-than-1-of-staked-eth-estimated-to-sell-after-shanghai-upgrade-glassnode Open / Comment

2023-04-11 18:44:20 BNB Chain has launched Testnet of its storage solution – Greenfield

Greenfield, a decentralised, open-source storage chain with $BNB as its token, is now live on Testnet. Greenfield aims to offer the fastest data service among decentralized storage solutions with cost-effective features. A native relayer links BSC and Greenfield, enabling BSC dApps to integrate with Greenfield using a simple SDK and minimal development. $BNB token's use will extend to large-scale data storage and trading, which will enhance its value over time.

bnbchain.org/en/blog/bnb-greenfield-testnet-congo-is-live-join-the-community-to-reshape-web3-data-ownership Open / Comment

2023-04-11 16:44:51 Sei has raised $30M in a new private round at $800M valuation

Sei, a layer-1 blockchain focused on trading, has raised $30M at a valuation of $800M. Investors in the new round include Jump Capital, Distributed Global, Multicoin Capital, Asymmetric Capital Partners, Flow Traders, Hypersphere Ventures and Bixin Ventures. Sei is still in public testnet phase and plans on launching its mainnet later this year. Previously, Sei has raised $5M in a seed funding round and launched a $50M ecosystem and liquidity fund to support DeFi applications on its platform.

techcrunch.com/2023/04/11/trading-focused-blockchain-sei-raises-30m-bringing-valuation-up-to-800m Open / Comment

2023-04-11 15:42:01 Top Exchanges by Liquidations in last 7 days

The vast majority of the casualties were short positions last days, with more than $466M liquidated in total. Let’s take a look at the top exchanges by liquidations of longs and shorts within last week, according to Coinglass.com. Open / Comment

2023-04-10 19:20:49 Top 10 Projects with Upcoming Token Launch by Raised Funds

Arbitrum, the leading L2 project which raised solid $143.7M in private funding, has recently launched its $ARB token with massive airdrop worth around $1.5B at the moment. Let’s take a look at some other well-backed projects with upcoming token launch, as there is a high possibility of future airdrops for early users, participants and adopters: Consensys (creators of MetaMask wallet and zkEVM Linea), zkSync, Sui, Aleo, StarkNet, LayerZero, Safe, Scroll, Fuel and EigenLayer. Open / Comment