Crypto Bytes: Top 10 Breaking News from Cryptoverse 

  • $10 trillion asset manager’s first tokenized investment fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), had $160 million in inflows in its first week of operation.
  • On April 2, Ethena Labs plans to airdrop 750 million of its governance tokens. ENA tokens will be distributed using the decentralized finance (DeFi) protocol to holders of “shards,” or digital units indicating users’ participation with the platform.
  • Zircuit is a completely EVM-compatible ZK rollup. To encourage builders, entrepreneurs, and community members to contribute to the Zircuit ecosystem, the company today unveiled its Build to Earn initiative.
  • Square Enix, Shima Capital, and the Solana Foundation contributed $14 million in seed funding to Web3 gaming platform Elixir Games. Elixir Games will expand its gaming environment and introduce the $ELIX token, which will serve as the foundation for its gaming offerings.
  • In a fresh round led by Dragonfly, Nascent, OKX Ventures, and other investors, MyShell has raised $11 million. The web3 AI platform intends to release its token and lets developers create AI agents or bots.
  • Community members “committed” more than 6.5 million ICP tokens in 2023, according to Dfinity Foundation, to assist protocols in becoming DAOs. The worth of committed tokens surpassed $120 million on Tuesday because to the increase in ICP’s price.
  • Azuki, Weeb3 Foundation, & Arbitrum Foundation have announced their partnership to create an anime network driven by blockchain technology. The new endeavor, called AnimeChain, intends to introduce web3 viewers to anime through variety of content, games, merchandise, and NFTs.
  • An exchange-traded product for staking Toncoin has been introduced by 21Shares. This week, after Telegram integration, the value of Toncoin reached an all-time high.
  • Memecoin ‘finfluencers’ are coming under regulatory scrutiny from UK’s Financial Conduct Authority. According to the FCA, for so-called “influencers” to advertise or post memes about financial goods and services, they need permission from a representative designated by the FCA.
  • In partnership with TruFin, Laser Digital, the cryptocurrency-focused division of Japanese Nomura, has introduced an institutionally oriented liquid staking fund on Polygon. Clients can access native staking incentives and get exposure to Polygon’s native gas token, MATIC.

Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.

Author: Lalit Mohan

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