Daily Recap 4/11/2024

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News

Circle has introduced smart contract support for investors in the BlackRock USD Institutional Digital Liquidity Fund. This development creates an off-ramp for BUIDL holders, enabling them to exchange their shares with Circle for USDC. LinkTether is advancing towards the concluding stage of its strategic $500 million investment in Bitcoin mining. Link

Next week, Hong Kong is set to authorise Bitcoin ETFs, according to Reuters. Link

Bitcoin mining difficulty surged by nearly 4%, hitting a new peak of 86.4 trillion on Wednesday. This adjustment is the last one before the upcoming halving event next week. Link

Projects

Marginfi Lending - Marginfi Lending, experienced a record outflow of around US$80 million, marking the highest amount withdrawn in a single day. The total value locked decreased by over 18% within the last 24 hours. Following a dispute with users concerning accusations and airdrops related to SolBlaze, marginfi's founder Edgar has stepped down. Link

Bittensor - Binance is set to list Bittensor (TAO) and initiate trading for its spot pairs on April 11th, 2024, at 12:00 (UTC). Bittensor is a peer-to-peer machine learning protocol designed to reward participants for collectively training and managing machine learning models across a distributed network. Link

Chainlink - Chainlink has introduced Transporter, an application designed for transferring cryptocurrency tokens and messages across blockchains, leveraging its Cross-Chain Interoperability Protocol. Additionally, the project has revealed a novel token transfer mechanism that facilitates the cross-chain movement of native ETH via Wrapped ETH token pools. Link

Sui - The SuiPlay0x1, a portable gaming console created by Playtron and Mysten Labs, is designed to transform the gaming industry. It features native integration with the Sui blockchain, supports various game stores, and offers token incentives to encourage widespread adoption. Link

Disclaimer: This research report is exactly that — a research report. It is not intended to serve as financial advice, nor should you blindly assume that any of the information is accurate without confirming through your own research. Bitcoin, cryptocurrencies, and other digital assets are incredibly risky and nothing in this report should be considered an endorsement to buy or sell any asset. Never invest more than you are willing to lose and understand the risk that you are taking. Do your own research. All information in this report is for educational purposes only and should not be the basis for any investment decisions that you make.

News

Circle has introduced smart contract support for investors in the BlackRock USD Institutional Digital Liquidity Fund. This development creates an off-ramp for BUIDL holders, enabling them to exchange their shares with Circle for USDC. LinkTether is advancing towards the concluding stage of its strategic $500 million investment in Bitcoin mining. Link

Next week, Hong Kong is set to authorise Bitcoin ETFs, according to Reuters. Link

Bitcoin mining difficulty surged by nearly 4%, hitting a new peak of 86.4 trillion on Wednesday. This adjustment is the last one before the upcoming halving event next week. Link

Projects

Marginfi Lending - Marginfi Lending, experienced a record outflow of around US$80 million, marking the highest amount withdrawn in a single day. The total value locked decreased by over 18% within the last 24 hours. Following a dispute with users concerning accusations and airdrops related to SolBlaze, marginfi's founder Edgar has stepped down. Link

Bittensor - Binance is set to list Bittensor (TAO) and initiate trading for its spot pairs on April 11th, 2024, at 12:00 (UTC). Bittensor is a peer-to-peer machine learning protocol designed to reward participants for collectively training and managing machine learning models across a distributed network. Link

Chainlink - Chainlink has introduced Transporter, an application designed for transferring cryptocurrency tokens and messages across blockchains, leveraging its Cross-Chain Interoperability Protocol. Additionally, the project has revealed a novel token transfer mechanism that facilitates the cross-chain movement of native ETH via Wrapped ETH token pools. Link

Sui - The SuiPlay0x1, a portable gaming console created by Playtron and Mysten Labs, is designed to transform the gaming industry. It features native integration with the Sui blockchain, supports various game stores, and offers token incentives to encourage widespread adoption. Link

Disclaimer: This research report is exactly that — a research report. It is not intended to serve as financial advice, nor should you blindly assume that any of the information is accurate without confirming through your own research. Bitcoin, cryptocurrencies, and other digital assets are incredibly risky and nothing in this report should be considered an endorsement to buy or sell any asset. Never invest more than you are willing to lose and understand the risk that you are taking. Do your own research. All information in this report is for educational purposes only and should not be the basis for any investment decisions that you make.

News

Circle has introduced smart contract support for investors in the BlackRock USD Institutional Digital Liquidity Fund. This development creates an off-ramp for BUIDL holders, enabling them to exchange their shares with Circle for USDC. LinkTether is advancing towards the concluding stage of its strategic $500 million investment in Bitcoin mining. Link

Next week, Hong Kong is set to authorise Bitcoin ETFs, according to Reuters. Link

Bitcoin mining difficulty surged by nearly 4%, hitting a new peak of 86.4 trillion on Wednesday. This adjustment is the last one before the upcoming halving event next week. Link

Projects

Marginfi Lending - Marginfi Lending, experienced a record outflow of around US$80 million, marking the highest amount withdrawn in a single day. The total value locked decreased by over 18% within the last 24 hours. Following a dispute with users concerning accusations and airdrops related to SolBlaze, marginfi's founder Edgar has stepped down. Link

Bittensor - Binance is set to list Bittensor (TAO) and initiate trading for its spot pairs on April 11th, 2024, at 12:00 (UTC). Bittensor is a peer-to-peer machine learning protocol designed to reward participants for collectively training and managing machine learning models across a distributed network. Link

Chainlink - Chainlink has introduced Transporter, an application designed for transferring cryptocurrency tokens and messages across blockchains, leveraging its Cross-Chain Interoperability Protocol. Additionally, the project has revealed a novel token transfer mechanism that facilitates the cross-chain movement of native ETH via Wrapped ETH token pools. Link

Sui - The SuiPlay0x1, a portable gaming console created by Playtron and Mysten Labs, is designed to transform the gaming industry. It features native integration with the Sui blockchain, supports various game stores, and offers token incentives to encourage widespread adoption. Link

Disclaimer: This research report is exactly that — a research report. It is not intended to serve as financial advice, nor should you blindly assume that any of the information is accurate without confirming through your own research. Bitcoin, cryptocurrencies, and other digital assets are incredibly risky and nothing in this report should be considered an endorsement to buy or sell any asset. Never invest more than you are willing to lose and understand the risk that you are taking. Do your own research. All information in this report is for educational purposes only and should not be the basis for any investment decisions that you make.

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  4. Adipiscing elit ut aliquam purus sit amet viverra suspendisse potenti

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Vitae congue eu consequat ac felis placerat vestibulum lectus mauris ultrices cursus sit amet dictum sit amet justo donec enim diam porttitor lacus luctus accumsan tortor posuere praesent tristique magna sit amet purus gravida quis blandit turpis. Vitae congue eu consequat ac felis placerat vestibulum lectus mauris ultrices cursus sit amet dictum sit amet justo donec enim diam porttitor lacus luctus accumsan tortor posuere praesent tristique magna sit amet purus gravida quis blandit turpis.

  • Neque sodales ut etiam sit amet nisl purus non tellus orci ac auctor
  • Adipiscing elit ut aliquam purus sit amet viverra suspendisse potenti
  • Mauris commodo quis imperdiet massa tincidunt nunc pulvinar
Odio facilisis mauris sit amet massa vitae tortor.

Lorem ipsum dolor sit amet, consectetur adipiscing elit lobortis arcu enim urna adipiscing praesent velit viverra sit semper lorem eu cursus vel hendrerit elementum morbi curabitur etiam nibh justo, lorem aliquet donec sed sit mi dignissim at ante massa mattis. Lorem ipsum dolor sit amet, consectetur adipiscing elit lobortis arcu enim urna adipiscing praesent velit viverra sit semper lorem eu cursus vel hendrerit elementum morbi curabitur etiam nibh justo, lorem aliquet donec sed sit mi dignissim at ante massa mattis. Lorem ipsum dolor sit amet, consectetur adipiscing elit lobortis arcu enim urna adipiscing praesent velit viverra sit semper lorem eu cursus vel hendrerit elementum morbi curabitur etiam nibh justo, lorem aliquet donec sed sit mi dignissim at ante massa mattis.

Vitae congue eu consequat ac felis placerat vestibulum lectus mauris ultrices cursus sit amet dictum sit amet justo donec enim diam porttitor lacus luctus accumsan tortor posuere praesent tristique magna sit amet purus gravida.

Lorem ipsum dolor sit amet, consectetur adipiscing elit lobortis arcu enim urna adipiscing praesent velit viverra sit semper lorem eu cursus vel hendrerit elementum morbi curabitur etiam nibh justo, lorem aliquet donec sed sit mi dignissim at ante massa mattis. Lorem ipsum dolor sit amet, consectetur adipiscing elit lobortis arcu.

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