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Wormhole Airdrop Adds Support for Some SEI Cross-Chain Users | Cryptocurrency Trends

Cary, Bitget Research
2024/03/12
Wormhole Airdrop Adds Support for Some SEI Cross-Chain Users | Cryptocurrency Trends

1. Mainstream Exchange Trends:

  • Mainstream Exchange Listings (CEX: Token — Time of Listing in UTC)
Binance: Metis (METIS) — listed.
Bitget: Ivendpay (IVPAY) — listed; Ordibank (ORBK) — listed; ECOMI (OMI) — March 12, 11:00 AM.

2. Cryptocurrency Trends:

  • Voting for round 1 of Jupiter's LFG closes after participation from 175,000 users, with Zeus Network and SharkyFi being the first projects selected for launch.
  • The Ethereum Cancun upgrade is expected to launch on the mainnet on March 13, 9:54 PM. The main component of the upgrade consists of EIP-4844 (proto-danksharding), primarily aimed at reducing gas fees by using blobs to carry transactions.
  • In his latest article, Vitalik Buterin claims that Ethereum would be able to repel a quantum attack through a recovery fork.
  • The Wormhole airdrop adds support for some SEI cross-chain users.
  • MicroStrategy completes an $800 million senior convertible note offering and uses a portion of the raised funds to buy 12,000 BTC from February to March at an average entry price of $68,477.
  • Telegram reaches 900 million users and nears profitability. Founders consider an IPO, having received a valuation of over $30 billion from potential investors, including global late-stage tech funds.
  • Unibot announces the termination of its partnership with its Solana team, stating that there is no guarantee that funds are safe in Unibot Solana bots.

3. Financing Trends:

  • UniSat receives strategic investment from CGV, a Japanese crypto VC.
  • Blockus, a Web3 GameFi stack, raises $4 million in a funding round led by Maple VC, with participation from Altos Ventures, Magic Eden's Zhuoxun Yin, CreatorDAO's Michael Ma, and LayerZero's Bryan Pellegrino.
  • Eclipse Labs raises $50 million in a Series A funding round co-led by Placeholder and Hack VC, with participation from Polychain Capital, Delphi Digital, Maven 11, DBA, Fenbushi Capital, and other investors, along with strategic investment from Flow Traders, GSR, Apollo Global Management, and OKX Ventures. The mainnet is expected to launch in Q2.
  • NFTfi, a peer-to-peer NFT lending protocol, raises $6 million in a Series A1 funding round led by Placeholder VC, with participation from Maven 11, Launch Labs Inc, Kahuna Ventures, and others.
  • Ethena Labs, the developer of USDe, receives an investment from Avon Ventures, a fund of Fidelity Investments' parent company.
  • Paradigm in talks to lead a >$200 million funding round in Monad Labs at a valuation of $3 billion.

4. Regulatory Trends:

  • London Stock Exchange confirms that it will accept applications in Q2 for Bitcoin and Ethereum ETNs, which are usually unsecured debt securities issued by banks.
  • The U.S. Department of the Treasury releases its 2025 revenue plan, once again proposing crypto tax regulations.
Disclaimer: This content includes third-party opinions, and we do not guarantee its accuracy. Cryptocurrency prices are highly volatile, so please conduct your own research and make judgments accordingly.