Crypto Bytes: Top 10 Breaking News from Cryptoverse 

  1. The governance token TNSR was introduced by the Tensor Foundation, which is in charge of the Tensor NFT marketplace in Solana. Tensor fee reductions, governance proposal submissions, are all made possible by TNSR.
  1. Open interest in Ether options with an expiration date of the end of April suggests an underlying bias toward upward movement and bullish confidence in the market.
  1. Harvest Fund, a Chinese asset management, has submitted an application to regulators to provide spot Bitcoin ETFs through its Hong Kong-based subsidiary. Meanwhile, Southern Fund is reportedly “exploring” the application procedure.
  1. With a $120 million token valuation, Lumoz (formerly Opside) has raised $6 million in funding. August is when Lumoz wants to debut its token.
  1. Criminal fraud and manipulation allegations against Avraham Eisenberg are related to the $116 million DeFi exchange Mango Markets exploit. According to Eisenberg, his plan worked with the DeFi protocol as intended.
  1. Over the past 38 days, Pump.fun, a new memecoin launch and trading platform, has generated $5.2 million in revenue. For less than $2, Pump.fun promises to allow anyone to launch a new cryptocurrency that is instantly traded without seed liquidity.
  1. With an additional $646 million this week, global crypto funds have already experienced record yearly inflows of $13.8 billion this year. However, according to CoinShares Head of Research James Butterfill, there are indications that the “ETF hype is moderating.”
  1. Spam transactions are the cause of the congestion on the Solana network. Software patches and updates are among the things that Solana developers are working on.
  1. HashKey Group announced the opening of a new exchange named HashKey Global. According to the business, the new exchange would provide trading pairs for 21 cryptocurrencies to eligible retail consumers.
  1. Ripple CEO Brad Garlinghouse has voiced his optimism over the potential effects of spot bitcoin ETFs and the impending bitcoin halving event. Ripple recently declared that it will introduce a stablecoin tethered to US dollar. 

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: Mehar Nayar

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