Featured Highlights:
1. SOL briefly broke through $210;
2. A whale holding $32 million in SOL bought 1.7 million SLERF;
3. The Solana ecological fundraising project Slerf team mistakenly destroyed the fundraising LP Token and airdrop tokens;
4. The number of Base daily transactions soared to 2 million after the Ethereum Cancun upgrade, a record high;
5.Binance released the investigation results of the “BOME Rat Warehouse” incident
price watch
Bitcoin briefly dips below $68,000
According to OKX market data, Bitcoin briefly fell below US$68,000 and is now quoted at US$68,004.15. The 24-hour increase narrowed to 1.60%.
SOL briefly breaks above $210
According to OKX market data, SOL briefly exceeded $210 and is now quoted at $207.5, with a 24-hour increase of 8.01%.
SLERF breaks above $1
According to market data, SLERF broke through $1.
BOME fell more than 25% in 24 hours, temporarily trading at $0.0141
According to market data, BOME fell more than 25% in 24 hours, temporarily trading at $0.0141.
TON rose back above $4, rising more than 18% in 24 hours
According to OKX market data, TON rebounded to above $4 and is now quoted at $4.018, with a 24-hour increase of 18.77%.
DEGO rose above $3.9, rising more than 15% in 24 hours
Market data shows that DEGO rose above $3.9 and is now trading at $3.913, a 24-hour increase of more than 15%.
transaction tracking
A whale spent 24,037 SOL to buy 5.14 million SLERF, with a comprehensive cost of $0.93
According to @EmberCN monitoring, a whale spent 20,991 SOL ($4.2 million) in the past half hour to buy 3.42 million SLERF at a price of $1.22.
Since then, it has become the second largest individual SLERF holding address with 5.14 million SLERF holdings. He has currently spent a total of 24,037 SOL ($4.8 million) to buy 5.14 million SLERF, with a comprehensive cost of $0.93.
A whale holding $32 million in SOL bought 1.7 million SLERF
According to Lookonchain monitoring, a whale holding 158,786 SOL ($32 million) spent 3,024 SOL ($606,000) to purchase 1.7 million SLERF at an average price of $0.35.
The whale wallet has never purchased any tokens and SLERF was the first token he purchased.
SLERF’s largest personal currency holding address currently has a floating profit of US$3.84 million
According to @EmberCN monitoring, the largest personal currency holding address of SLERF currently has a floating profit of US$3.84 million. The address used 2,864 SOL (US$570,000) to buy 5.74 million SLERF an hour and a half ago, with a purchase cost of US$0.1.
He has not sold yet, and these SLERFs currently float $3.84 million (6.7x).
A user made $3.02 million by trading SLERF in 12 minutes
According to Lookonchain monitoring, a user made a profit of $3.02 million by trading SLERF in 12 minutes.
The address spent 9,894 SOL ($1.98 million) to buy 69.74 million SLERF immediately after the market opened, and then sold it for 25,001 SOL ($5 million) within 12 minutes, making a profit of 15,107 SOL ($3.02 million) ).
A large change occurred in the Sener address of the Avalanche Ecological Fundraising Project
According to on-chain data, there has been a large change in the fund collection address of the Avalanche ecological fundraising project Sener. Currently, there are less than 28 AVAX in this address. The fund address transferred large amounts of AVAX tokens to multiple addresses in batches a few hours ago. A rough calculation has reached 93,000 AVAX tokens, which is approximately US$5.7 million.
Data: 11 whale addresses deposited 34 million ARB to CEX in the past two days
According to Lookonchain monitoring, after the large-scale unlocking of ARB, 11 whale addresses deposited a total of 34 million ARB (approximately $58 million) to the exchange.
A certain whale deposited 200,000 SOL to Binance in the past 2 days, equivalent to approximately US$39.85 million
According to Lookonchain monitoring, as the price of SOL increased, whales began to sell SOL to make profits. The whale address "BU6N2Z" deposited 200,000 SOL (approximately $39.85 million) to Binance in the past 2 days.
The address still holds 1.62 million SOL (approximately $323 million), of which 387,000 SOL (approximately $77 million) is in the wallet and 1.23 million SOL (approximately $246 million) is pledged.
Project news
SLERF is destroyed through the Sol Incenator burning program and cannot be retrieved.
In response to developer tobbykitty.eth’s statement to the founder of SLERF that “Raydium contracts can return LP tokens through multi-signature upgrades,” X user ghazzog replied: “SLERF is destroyed through the burning process of Sol Incenator, not the Raydium contract.”
Tobbykitty.eth responded, “Then there’s nothing we can do.”
The MemeDAO: EMO airdrops will be provided to users participating in the SLERF coin sale
The MemeDAO, a MEME project under The OpenDao, announced that it will provide EMO airdrops to users who participate in the SLERF coin sale.
Slerf founder: The biggest problem now is that there are not enough funds to refund pre-sale users
@Slerfsol, the founder of Solana ecological fundraising project Slerf, posted: "This is not a joke, I really messed up, I am very sorry... The biggest problem now is that I don't have 10 million US dollars to refund pre-sale users, I have already After 3 days of preparation, I made a mistake at the finish line.
I'm sorry to those involved in the pre-sale and I'm also sorry to my team who helped me over the past 3 days. Currently I can't see a way to fix it and don't even think it's possible. "
The OpenDao: 50% of LP in refunds and 49% of airdrops distributed based on SOL contributions
The MEME project under The OpenDao issued a statement saying that all participants will receive a full refund, 50% will be LP, and the project will add 3,000 SOL. Another 49% are airdrops, and the specific amount is allocated by the user's SOL contribution rate.
Bitmain signed an order with mining company Wukong Technology for 10,000 S21 mining machines, worth approximately US$54 million.
According to official news, Bitmain signed an order with the Bitcoin mining company Wukong Technology Limited HK for 10,000 S21 mining machines, worth approximately US$54 million.
Starknet Goerli testnet will be deprecated on April 11
The Starknet Goerli testnet will be deprecated on April 11. Users and developers can migrate to Starknet Sepolia. Methods to obtain Starknet Sepolia tokens include using Sepolia StarkGate to cross-chain from L1 and using Sepolia Faucets.
Solana ecological fundraising project Slerf team mistakenly destroyed the fundraising LP Token and airdrop tokens
Solana ecological fundraising project Slerf issued a statement stating that after adding initial liquidity, due to operational errors, the LP Token raised by the project and the tokens used for airdrops were all destroyed.
Token minting permission has been removed and cannot be re-minted.
SPACE ID launches ID staking function to get additional rewards and potential airdrops
According to official news, SPACE ID Premier Club has launched an ID token staking function. In addition to holding premium domain names (3/4 characters.bnb/.arb), staking ID tokens will further increase Premier Club rewards, including the upcoming ZK Airdrops and more rewards coming soon.
SPACE ID has established an ecological alliance with Polyhedra Network, and the upcoming cross-community airdrop will be the first exclusive benefit for all SPACE ID Premier Club members. Take a snapshot to determine a user’s ZK airdrop amount:
A snapshot of the premium domain held by the user (3/4 character .bnb/.arb name) → will determine shortlist eligibility;
Over time, a snapshot of the user's ID stake amount → will determine the additional airdrop rewards due.
Bitcoin Layer 2 Project Ligo Launches Meme Coin SOLIGO on Solana Network
According to official news, the Bitcoin Layer 2 project Ligo launched the meme currency SOLIGO on the Solana network. The tokens will be automatically and fairly distributed according to the contribution (payment amount) immediately after 72 hours.
According to official Twitter information, Ligo is a second-layer solution for Bitcoin, dedicated to the incubation, support and resource integration of high-performance chain games in the Bitcoin ecosystem, and plans to launch the mainnet in late March.
BlockSec reminds users that no airdrops have been initiated and beware of phishing emails
BlockSec urgently notifies users that phishing emails claiming to be from BlockSec were sent to many users today. BlockSec stressed that the emails were not sent by it and urged users not to click on any links in the emails to avoid potential losses.
After investigation, these phishing emails originated from the MailerLite data breach, and the affected users were limited to those who signed up for Phalcon/MetaSleuth before the MailerLite security incident on January 23. BlockSec has deleted all user data on the MailerLite platform.
BlockSec said it will use third-party services more cautiously in the future, and user data will be encrypted and stored on a more secure infrastructure built by BlockSec.
MR infrastructure DeMR has opened the airdrop of DMR tokens
MR infrastructure DeMR has opened the airdrop of DMR tokens at 12:00 on March 18th, Beijing time (the same as the snapshot time). Holding Compass NFT that has been pledged can obtain 100,000 DMR (if no pledge has been made from beginning to end , you can only get 50,000 DMR), and holding Node License NFT (no pledge required) can get 500,000 DMR.
CyberConnect staking plan is officially launched, and the first quarter of staking ecological airdrop will start today
According to official news, the CyberConnect staking plan has been officially launched, and users can stake CYBER to maintain Layer 2 security and participate in governance. CYBER Season 2 rewards are currently open. You can get event rewards by staking. The total prize pool reaches 1 million CYBER.
Additionally, Phase 1 of the airdrop series will also launch this week, with CYBER stakers receiving token airdrops from the network’s ecosystem partners.
Amber Group may be one of the ETHFI market makers
According to monitoring by @ai_9684xtpa, the ETHFI market maker may be Amber Group. 22 hours ago, the address 0x624...02C2A received 8 million ETHFI from the ether.fi project multi-signature address, and then made a small recharge to MEXC and Gate. Test, this recharge address belongs to Amber Group.
SatoshiVM launches SAVM token staking function to earn BTC rewards
Bitcoin Layer2 project SatoshiVM announced that the token staking function is now online. Users can now bridge any asset on Ethereum to SAVM and stake it to earn BTC rewards. Officials stated that in order to make the staking system more stable, the minimum staking period is set to 14 days. Unstaking within the minimum period will result in a reduction (linear reduction) of up to 20% of the original staked amount, along with the loss of all accumulated BTC rewards.
The Restaking Paradigm activity launched by Manta is ongoing. Participating in staking can earn double points in the second round of ether.fi points activity.
According to official news, the Restaking Paradigm launched by ether.fi and Manta Network is currently in progress. It is currently the only product that can obtain ether.fi’s second round of airdrop points in advance.
It is reported that users who pledge ETH through https://restaking.manta.network/ can get 2 times ether.fi points and obtain the liquidity token weETH. According to the ether.fi token economic model, the airdrop will be divided into two rounds, accounting for 6% and 5% of the total token supply respectively.
Decentralized GPU cloud infrastructure Aethir will launch node public sale on March 20
According to official news, the decentralized GPU cloud infrastructure Aethir will launch the public sale of the first network-available node "Check Node". ATH is the native token of the Aethir network, and 15% of its total supply is used to reward checks. Server nodes help validate the uptime, latency, quality of service, and computing power provided by other node participants.
100,000 checker nodes will be put on sale on the Aethir official website at 18:00 on March 20. The starting price of each node is 0.1259 ETH, and the price increases gradually. It can be purchased with wETH on the Arbitrum network. There is no upper limit on the number that can be purchased. The Aethir community, partners and KOL will receive a reserved whitelist, and the remaining limited nodes will be open to the public for purchase on a first-come, first-served basis. Checker nodes will be available to install and run in Q2 2024.
Well-known developers shout out to the founder of SLERF: Raydium contracts can return LP tokens through multi-signature upgrades
Well-known developer tobbykitty.eth called out @Slerfsol, the founder of the Meme project SLERF: "I don't know the latest situation, but the Raydium contract can be upgraded through multi-signature. If you send the LP tokens directly there, Raydium can send They turn back."
CeFi Information
Bitget is about to launch 0 fee event for spot trading of BTC/USDT and ETH/USDT
Bitget announced the upcoming 0-fee event for spot trading of BTC/USDT and ETH/USDT, which will take place from March 20, 2024 0:00:00 - May 20, 2024 23:59:59 (UTC+8).
During the event, both BTC/USDT and ETH/USDT spot transactions can enjoy Maker (order) and Taker (order taker) 0 rate transactions. The transaction scope includes currency transactions, spot strategy transactions and spot follow-up orders.
SLERF will be launched in Bitget Innovation Zone and Meme Zone
SLERF (SLERF) will be listed in the Bitget Innovation Zone and Meme Zone.
Recharge time: enabled
Transaction time: 18:00 on March 18, 2024 (UTC+8)
Withdrawal time: 18:00 on March 19, 2024 (UTC+8)
Binance will list USDC-margined AVAX perpetual contract
The Binance contract platform will launch the AVAX USDC-margined perpetual contract at 15:00 on March 20, Beijing time, with a maximum leverage of 75 times.
Binance Releases Investigation Results of “BOME Rat Warehouse” Incident
Binance announced the results of its investigation into information related to the "BOME Rat Warehouse". According to preliminary investigation results, the people mentioned in the relevant information have nothing to do with Binance.
The community’s suggestions are important to Binance, and therefore, Binance promises to continue to conduct in-depth investigations to ensure the transparency and fairness of the facts. If there are any reports involving currency listings and other corrupt practices, and if the Binance team personnel are verified to be corrupt, the whistleblower will be given a reward ranging from US$100,000 to US$5 million while keeping the identity of the reporter confidential.
WEEX launches BOME, WIF, PIXEL, DGB, GLM U-based contracts
Crypto trading platform WEEX announced the official launch of BOOK OF MEME (BOME) U-based contract, supporting leverage from 1 to 50 times. Recently, the platform has also launched U-based contract trading pairs of popular currencies such as Dogwifhat (WIF), Pixels (PIXEL), DigiByte (DGB), and Golem (GLM).
BitMEX has launched BOME 10x U-based perpetual contract
BitMEX has launched BOME U-margined perpetual contracts with a maximum leverage of 10x.
opinion data
SLERF trading volume tops $1.1 billion
On-chain data shows that SLERF’s total transaction volume has exceeded $1.1 billion since its launch in less than 4 hours.
At the time of writing, SLERF was trading at $1.05.
SLERF trading volume tops $600 million
On-chain data shows that SLERF’s transaction volume exceeded US$600 million in just two hours after it went online, reaching US$608 million.
The total amount of PYTH pledged reaches 1.27 billion, with a value exceeding US$1.3 billion.
According to Dune data, the total amount pledged reached 1.27 billion, with a total value of $1.38 billion.
There are currently nearly 390,000 PYTH token holders and 178,000 stakers. At the time of writing, PYTH is currently quoted at $1.067, up 10.26% in 24 hours.
Statistics: The top 20 addresses contribute one-third of the TVL to ether.fi and can receive 9.96 million ETHFI airdrops
According to on-chain analyst Ember’s monitoring, the ether.fi (ETHFI) airdrop will be open for redemption at 7 o’clock tonight (Beijing time). A total of 68 million ETHFI (6.8% of the total amount) will be airdropped this time.
According to its statistics, the top 20 addresses contributed one-third of the TVL (273,000 ETH) to ether.fi and received 9.96 million ETHFI airdrops. This is 15% of the total airdrop, worth $46.8 million at a price of $4.7 on Whales Market.
The person who received the largest number of airdrops was Justin Sun, who deposited 120,000 ETH ($435 million) into ether.fi on the 13th and received 3.45 million ETHFI airdrops.
Ethereum network gas fee drops to 20 gwei
According to Etherscan data, the current Ethereum network gas fee has dropped to 20 gwei.
Base’s daily transaction count surges to 2 million after Ethereum Cancun upgrade, hitting record high
According to Dune data, with the launch of the Ethereum Dencun upgrade, the Ethereum Layer 2 network Base incubated by Coinbase has achieved significant growth in the number of daily transactions. Before the upgrade, Base processed approximately 440,000 transactions per day. The number jumped to 1.1 million on the first day after the upgrade and continued to grow in the following days, reaching a record high of 2,064,920 transactions on March 16.
SOL’s market capitalization exceeds US$90 billion, a record high
As SOL rose above $200 and reached $204, its market capitalization has now topped $90 billion, according to CoinGecko data.
SOL has today surpassed BNB to become the fourth largest cryptocurrency by market capitalization. Ranking in front of SOL are BTC, ETH and USDT.
Financing Express
Blockchain payment company Zone completed $8.5 million in seed round financing, led by TLcom Capital and others
According to PR Newswire, blockchain payment company Zone announced the completion of a US$8.5 million seed round of financing, led by Flourish Ventures and TLcom Capital, with participation from Digital Money Group, VKAV (Verod-Kepple Africa Ventures) and Alter Global.
The new funding will allow Zone to further expand its network coverage in Africa, connecting more banks and financial services companies. Zone is a decentralized payment network located in Africa. Its Layer1 blockchain network digitizes legal payments, allowing participating institutions to directly execute payment transactions without intermediaries, while fully automating settlement, reconciliation, etc.
regulatory news
London boutique investment bank Attestor earns 200% on investment in FTX bankruptcy claims, but faces seller default challenge
Attestor Ltd, a London-based boutique investment bank that specializes in trading distressed assets, made nearly 200% on its trades in the FTX bankruptcy, Bloomberg reported. Attestor purchased approximately $400 million in claims against FTX's bankrupt assets, which are now expected to be paid in full as the cryptocurrency market recovers. However, a complication of the deal is that the seller of a large chunk of the FTX account assets purchased by Attestor, a Panamanian company called Lemma Technologies, has chosen to retain its rights to the claim. Attestor has argued in a New York court that this is a clear case of "vendor on the part of the seller." Last June, Lemma agreed to sell the FTX claim for $58 million and is now expected to pay $165 million, according to evidence submitted to the court.
Lemma's main investor, Junho Bang, is currently facing separate charges in Seoul unrelated to the case, adding to the drama and complexity of the case. He was accused of stealing digital assets from a lender called Haru Invest and was indicted by South Korean authorities in February. While that case and Attestor's litigation over FTX's claims are separate, Bang is at the center of both cases.
