Aave’s Lens Protocol raises $15M. The fresh capital round was led by IDEO CoLab Ventures with participation from General Catalyst, Varian and Blockchain Capital as well as DAOs like Flamingo DAO, DAOJones, Punk DAO, DAO5 and Global Coin Research.
Results of U.S. Congressional hearing on regulation of stablecoins:
▫️There was a widespread discussion of the new bill that was presented.
▫️Stablecoin issuers would be required to hold fiat reserves at banks backing their tokens at a 1-to-1 ratio.
▫️The bill transfers control over stablcoin issuers, formerly held by the SEC, to the Federal Reserve's Banking Committee
▫️Issuing stabelcoins without the consent of the authorities, could be fined of up to null,000,000 and 5 years in prison.
▫️Circle released a written copy of its proposal speech.
▫️The Democratic Party of the United States criticized the bill.
⚡️ Highlights:
- Sui is organizing a token sale on OKX, ByBit, and Kucoin. After the sale, the SUI token will be listed on these exchanges
- Arbitrum AIP-1.05 community proposal rejected with 84% votes against.
- Hundred Finance was hacked on Optimism and lost $7 million.
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Blur (BLUR) surpassed OpenSea for the first time in terms of royalties paid to NFT creators.
Blur outpaced OpenSea in March's royalty payments to creators, reaching $12.6M, up from February's $11.2M. In contrast, OpenSea's royalties declined from $17.3M to $9.9M.
Sui has announced the token sale on OKX, ByBit, Kucoin.
OKX
April 23
Price: $0.1
Hardcap per user: 10,000 SUI
www.okx.com/jumpstart
Bybit
Registration deadline: April 18 10:00 UTC - April 24 0:59 UTC
Price: 0,03$
announcements.bybit.com/en-US/article/bybit-x-sui-network-sui-token-sale-on-bystarter-bltadda24f0c2244cb9/
Kucoin
Registration deadline: April 15 00:00 UTC - April 21 21:19 UTC.
Price: $0.1
Hardcap per user: 10,000 SUI
www.kucoin.com/land/spotlight_r6/153_Sui
Two whales sold Arbitrum (ARB) and made a profit of $655k.
gay_eth bought 1.4M ARB with 1.61M USDC at null.15 and claimed 12,000 ARB, then sold for 2.16M USDC at null.53, making ~$550K.
Whale"0x8fe1" bought 730,977 ARB with 1M USDC at null.37 and sold for 1.1M USDC at null.51, making ~$105K.
A smart whale bought 1.49M ARB with 1,057 ETH ($2.24M) today, with an average buying price of null.5.
This whale is well worth keeping an eye on.
Traded a total of 23 tokens, of which 15 tokens are profitable.
The total profit exceeds $7.3M.
⚡️ Highlights:
- Bankrupt FTX has recovered $7.3 billion in assets and is considering restarting the exchange in the second quarter
- Ethereum has successfully completed the Shapella upgrade
- Euler Finance users can now redeem recovered funds after $200M hack
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⚡️ Highlights:
- Centralized exchanges will support the Ethereum Shapella upgrade. Deposits and withdrawals of ETH, OP, ARB and ERC-20 tokens, as well as tokens, on the Optimism, Arbitrum and zkSync networks will be suspended
- Binance will delist QLC, NEBL, and AUTO on April 18th. Coins in the moment reacted by falling by 35-75%
- Microstrategy's Bitcoin investment has turned profitable. The company's average purchase price for BTC is $29,803
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⚡️ Highlights:
- Instagram and Facebook will stop supporting digital collectibles on April 11, 2023
- Over the weekend, SushiSwap suffered a security breach that resulted in a loss of $3.3 million
- Tether reported $700m profits for the first quarter of 2023
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