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🔥The new Bitcoin ETFs have accumulated over 500,000 BTC

The surge in Bitcoin ETFs holding over 500,000 BTC highlights investors' growing preference for regulated crypto investments.

This trend, alongside the slowdown in GBTC outflows, suggests a shift in investor sentiment and strategy, possibly indicating more institutional and retail confidence in Bitcoin ETFs.

These ETFs provide a more traditional investment structure for Bitcoin, potentially attracting a broader investor base.
🔥Last Week’s in Crypto

KuCoin Accused of Money Laundering; SBF to Serve Up to 24.25 Years in Prison; Ethereum Reaches 1M Validators… The steady flow of cryptocurrency news keeps coming, and it's getting trickier to stay updated.

But for those keen to know the latest blockchain, let's explore the interesting bits from the last week!

The Highlights of the Week:

✔️XRPL Blockchain Plugs Into Cross-Chain DeFi
✔️Aerodrome Leads Base’s Surge in Total Value Locked
✔️THORChain Hits $10B Monthly Volume
✔️Bybit Launches Trading Platform in the Netherlands
✔️Tokenized US Treasuries Surpass $1B in AUM
✔️WAX Signs Deal With Amazon Web Services
✔️Philippines Regulators Take Steps to Block Binance
✔️Binance to Discontinue USDC Support on Tron
✔️CommEx to Undergo Phased Closure
✔️Near Introduces Multichain Transactions

Next Week’s Events

✔️Satoshi Club Space with Floki
✔️Bitcoin Cash Halving
✔️Euro Area Inflation Rate
✔️United States Fed Funds Interest Rate
✔️Ethena Labs to Airdrop 750M ENA Tokens

Do you want more news? You can find them in our most recent newsletter. Read it now!
Dopamine – Creating a Blockchain SuperApp

Dopamine offers a non-custodial, secure, and anonymous cryptocurrency mobile app wallet catering to users of all levels in the cryptocurrency market.

With more than 3.6 million downloads, the app contains multiple features, but there are four that stand out the most:

🔸Turbo Trader: Equipped with various tools, signals, and AI indicators, Turbo Trader assists users in spot or leverage trading.
🔸NFT Freaks: Users can explore and trade rare NFTs within the Dopamine ecosystem or create their own.
🔸Gamers Pack: Engage in play-to-earn games and global web3 tournaments, offering crypto rewards.
🔸Super Pack: Early access to new features and functionalities for users to explore.

However, the best thing about Dopamine is its user-friendly design. Users don’t need to have any specialized knowledge of blockchain technology to use the platform's features.

This makes blockchain tech more accessible to people overwhelmed by simple bank transactions, not even discussing DeFi or blockchain interactions.

The project’s native token, $DOPE, serves as a utility token, granting access to exclusive features and acting as a license right for institutions.

If you're interested in the project, don’t hesitate to check out its social media channels, download the application, and join our upcoming X Space!

P.S. – $DOPE is launching on April 3 at 1 PM UTC on Bitget.

#NFA #DYOR
💰Tether added 8,888 Bitcoin to their bag today, making their total stash a whopping 75,354 $BTC.

That's about $5.2 billion worth, being one of the biggest holders of Bitcoin globally.

They're really betting on Bitcoin, especially with the halving event coming up and new Bitcoin ETFs in the U.S. They even plan to use 15% of their profits to buy more Bitcoin.
🔏Tether has successfully completed a SOC 2 audit, showcasing the highest level of security compliance

Tether's completion of a SOC 2 audit marks a significant milestone, reinforcing its stance on stringent security and compliance standards.

This audit, often considered the gold standard in security, demonstrates Tether's ongoing efforts to ensure the utmost safety and confidentiality of user data within its operations.

This achievement not only boosts Tether's credibility but also sets a robust example in the stablecoin sector for prioritizing and upholding stringent security measures.
🔥Top Five Collaborations at OORT

OORT is a decentralized cloud platform that prioritizes privacy and cost efficiency through the integration of global computing and storage resources. The platform offers enterprise-grade solutions specifically tailored for generative AI and data-centric businesses.

At the heart of OORT's mission lies the empowerment of individuals with complete ownership and control over their data, facilitated seamlessly through natural language interfaces.

While OORT has forged numerous partnerships throughout its history, five are pivotal in shaping its operations. Let's explore them.

☁️Tencent Cloud
Tencent Cloud is a vital full-node provider within the Oort network, supporting OORT's data services. With its extensive storage and computing capabilities, Tencent Cloud enriches OORT's offerings, fortifying privacy and security for cloud applications.

🖼Lenovo Image
OORT TDS, a solution enabling businesses to create AI agents, found an early adopter in Lenovo Image. This collaboration amplifies Lenovo's capacity to innovate photographic products thanks to OORT's cutting-edge technology.

🖥Dell Technologies
Following Dell's expansion of its global loyalty program to Japan, OORT integrated its storage solutions into the program, becoming the sole Web3 representative. This strategic move enhanced OORT Storage's accessibility to Dell's clientele, fostering mutual growth.

🌐Seagate Lyve
Integration with Seagate Lyve Cloud elevates OORT's storage capabilities to meet the demanding data needs of AI applications. Leveraging Seagate's advanced solutions, OORT optimizes costs, delivering competitive pricing and a frictionless user experience.

💸Poolz Finance
Pooling the strengths of Poolz Finance's Tier 1 agnostic fundraising platform with OORT's expertise in decentralized cloud infrastructure and AI development, this collaboration forms a formidable alliance at the forefront of innovation.

Partnerships are crucial to a company's evolution, and OORT exemplifies this understanding. With notable collaborators like Dell, Tencent, and Poolz Finance, OORT is forging a brand synonymous with decentralized computing, akin to Google in search engines and Amazon in e-commerce.

Check out OORT's social media accounts for more information about future or present partnerships👇

Twitter/X | Discord | Telegram
Ripple plans to launch a U.S. dollar-backed stablecoin to compete with major players like USDC and USDT

The stablecoin, initially issued on the XRP Ledger and Ethereum blockchains, aims to carve out a significant market share in the expanding stablecoin industry, expected to exceed $2 trillion by 2028.

Ripple’s focus on compliance and transparency is a key strategy in differentiating its stablecoin in the market.
Pendle Finance could be the next big thing in DeFi

Pendle Finance is an Ethereum-based yield trading protocol that has seen substantial growth, with its native token, PENDLE, increasing by 502% year-to-date.

This surge is largely due to unique yield farming approaches and increased protocol activity, particularly involving Ethereum liquid restaking and upcoming DeFi protocol airdrops.

However, the recent spike in Pendle’s activity can be chiefly attributed to raising the cap for its Ethena USDe pool to 400 million. This growing protocol activity has propelled Pendle’s TVL to surpass $4 billion.
📉Ethereum hits 3 year low against Bitcoin

Ethereum's value against Bitcoin has hit its lowest point in three years, raising questions about whether this is a bear trap, a situation that misleads investors about the market's direction.

Veteran trader Peter Brandt contributes to the discussion, suggesting that the current market conditions might not be as bearish as they appear.

Additionally, despite Ethereum's decline, the options market shows bullish sentiment, hinting at a possible recovery or positive market shift ahead.
🚀Worldcoin’s World App has reached 10 million users and 70 million transactions

The World App wallet boasts users in more than 160 countries, including 2 million daily active users.

The wallet's growth comes as Worldcoin debuted on Thursday two new privacy-focused features: A mechanism to revoke permissions for World IDs via permanent iris code deletion and in-person age verification checks at each humanness verification location. 

Interestingly, one user in Kenya used Worldcoin’s airdrop to buy 13 goats, naming one “Sam” after Worldcoin co-founder Sam Altman.
🔥Sensay – Changing the AI Industry

At its core, Sensay pioneers the development of personalized digital replicas far beyond mere imitations. In partnership with companies like Fetch.ai, LayerZero, and Banyan Computer, Sensay goes beyond your usual AI agent, creating an identical twin that takes on your personality and can act in your name.

These replicas are not just digital representations of individuals or entities. They are a groundbreaking innovation that utilizes blockchain and other advanced tech to replicate real-life interactions and evolve. This innovative approach is what sets Sensay apart.

What can they do? Almost anything. From answering simple questions to assisting patients and their families in the fight against dementia, the digital replicas created by Sensay are impressively versatile, sparking excitement about the potential applications.

The interesting part about them is their ability to evolve. Just like any other human, Sensay’s digital twins can learn, contextually adapt their responses, and mature over time.

To create a digital replica, users must answer ~50 questions and upload an audio file with their voice. From there, the AI agent will create a replica of their personality, mimicking the tone of their voice and how they speak. The application currently works in more than 110 languages.

In the future, Sensay envisions adding video capabilities to its replicas. By simply uploading a collection of photos and perhaps some videos, the replica will be able to generate your twin, offering the hopeful prospect of speaking to yourself in real-time.

For more information about the project and its digital replicas, check out their social media accounts and website!

#NFA #DYOR

Website | Twitter | Telegram | LinkedIn
Polkadot hits All Time High in active adresses

Polkadot’s network has seen a notable increase in active addresses, hitting an all-time high and reflecting a surge in user engagement and network activity.

The community’s decision to sponsor IndyCar racer Conor Daly indicates Polkadot’s expanding outreach and marketing efforts.

Furthermore, the Exiled Racers game’s integration with the Moonbeam Network introduces innovative cross-chain functionality, enhancing gaming experiences on Polkadot.
📈Bitcoin dominance hits 3 year high of 56.3%

Bitcoin's dominance in the crypto market has reached a three-year high, currently sitting at 56.3%.

This rise is attributed to a recent price dip that caused altcoins to suffer greater losses, with some of the top twenty cryptocurrencies by market cap falling more than 15%.

The shift has rekindled hopes for an "altseason," where altcoins might surge following a period of Bitcoin consolidation.
🚀Could MEW be the next big Solana memecoin?

Solana's cat-themed memecoin, MEW, or "cat in a dogs world", saw an astonishing 88% increase in its price following a massive 479 million tokens purchase by a cryptocurrency whale.

This event sparked significant attention and trading activity, coinciding with MEW's recent listings on several prominent cryptocurrency exchanges, like OKX and KuCoin.

Ahead of today’s MEW price surge, a whale on Solana’s network withdrew 10,438 SOL from Binance, only to splash it all on MEW at $0.0032. If the whale had sold off their MEW stake at daily heights of $0.0058, the whale would have made a 55% profit.
💸The South Korean won has become the world's most traded fiat currency against cryptocurrencies in the first quarter of 2024, surpassing the U.S. dollar in trading volume.

This shift is attributed to intense competition among South Korean crypto exchanges, which implemented zero-fee policies to attract users.

This strategic move significantly increased trading volumes, although it impacted exchange revenues negatively.
🔥API3 — Solving the OEV Problem

Before getting into what OEV is and how API3 solves this issue, let’s first review the basics of MEV. MEV stands for “maximal extractable value” and is a hidden fee imposed on blockchain users by strategic third parties extracting value from their transactions by performing actions such as frontrunning, sandwich attacks, etc.

Stakeholders of most dApps now demand that the MEV extracted from them be minimized. Yet, many existing applications are unaware of MEV and, thus, cannot protect from this value loss📉

A subset of MEV relates to how oracles are designed and can be termed oracle extractable value (OEV). For lending protocols (which rely HEAVILY on oracles), any update to the data feed could create opportunities for OEV.

🌐API3 can provide a solution by changing a step in the price feed update. Instead of waiting for the price to update on-chain according to deviation thresholds, API3 creates a mechanism where searchers can bid to trigger an oracle update and any value associated with that update, like in the case of liquidations.

Here’s how this will work:

API3 will start auctioning off meta-transactions that are cryptographically signed by first-party oracles, which can be used by third parties to update the data feed in a tamper-proof way.

The entity that is granted access to update the data feed would naturally be guaranteed first rights to any OEV opportunities that come directly before or after the update.

Granting this access at the oracle protocol layer means searchers would no longer have to participate in blockspace auctions for OEV opportunities.

They can instead participate in an auction held by the oracle that sends the majority of the value back to the dApp where it was generated.

The auction for these updates moves to the oracle level rather than the block producers. The OEV Network hosts these auctions, with the proceeds being returned to the dApp that generated the value💸

This allows them to direct this value towards more productive means that grow their network, creating a crucial role for API3 to facilitate this auction process on behalf of the dApp.

For more information about API3 and their solution to OEV, don't hesitate to check out their website!
Kraken has launched its own crypto wallet

Kraken's newly launched cryptocurrency wallet is poised to significantly impact the market by offering robust security features and enhanced user interfaces.

It's designed to compete directly with leading wallets like Coinbase and MetaMask by providing seamless integration with Kraken’s trading platform, offering support for multiple cryptocurrencies, and focusing on streamlined user operations.

These enhancements are intended to attract both seasoned traders and newcomers to the cryptocurrency space.
How Sensay Achieves Digital Immortality?

🤖AI has become a crucial part of our lives in just two years. ChatGPT is breaking records, Google is working on its new, most powerful AI agent, and Amazon uses AI in its supply chains and delivery services.

The AI boom also touched the crypto industry, with many projects trying to combine blockchain technology and artificial intelligence to create the perfect digital companion👀

Amidst all these projects, Sensay emerges as a new force in the industry.At its core, Sensay pioneers the development of personalized digital replicas far beyond mere imitations.

In partnership with companies like Fetch.ai, LayerZero, and Banyan Computer, Sensay goes beyond your usual AI agent, creating an identical twin that takes on your personality.

📜To create a digital replica, users must answer ~50 questions and upload an audio file with their voice. From there, the AI agent will create a replica of their personality, mimicking the tone of their voice and how they speak. The application currently works in more than 110 languages.

In the future, Sensay plans to add video capabilities to its replicas. By simply uploading a bunch of photos and maybe some videos, the replica will be able to generate your twin, giving you the ability to speak to yourself in real-time🤯

But, what can these digital twins do?

Almost anything. From answering simple questions to helping patients and their families fight dementia, the digital replicas created by Sensay are highly versatile.

The interesting part about them is their ability to evolve. Just like any other human, Sensay’s digital twins can learn, contextually adapt their responses, and mature over time🔥

🔓Also, Sensay greatly emphasizes user consent, data privacy, and the ethical handling of personal information. Users retain significant control over their replicas, with options for customization to suit individual preferences.

For more information about the project and their digital twins, check out its website!

#DYOR #NFA
🏆Binance gets regulatory victory in Dubai

Dubai has granted Binance’s Dubai entity, Binance FZE, a full Virtual Asset Service Provider (VASP) license.

This licensing allows Binance to expand its operations in Dubai, catering to both retail and institutional investors with a variety of virtual asset services including spot trading, margin trading, and staking.

The license is a significant step in strengthening Binance’s presence in the UAE and highlights Dubai’s progressive stance on blockchain technology and cryptocurrency regulation.
🚀Tether has launched its USDT and gold-pegged XAUT stablecoins on the TON blockchain

This move aligns with Telegram to enhance peer-to-peer payments for its vast user base, aiming to rival traditional finance’s efficiency.

Tether’s expansion onto TON, now a top ten blockchain, marks a significant stride in making crypto payments accessible and straightforward for Telegram’s nearly 900 million users.

Following the news, TON rose almost 20%, to an ATH of $7.65.
2024/06/09 11:45:13
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