π€ Core Foundation has announced a partnership with Z Protocol, marking its first franchise protocol. Z Protocol is an EVM-compatible Layer 1 built for Zcash, aimed at expanding application-layer capabilities and increasing onchain use cases. It will adopt Coreβs Satoshi Plus consensus mechanism, enabling both Zcash stakers and PoW miners to participate in network security and validation. The team plans to roll out core applications, including private transactions, lending, a privacy-focused stablecoin USDZ, and yield-bearing tokens. #stablecoin
πΊπΈπ #macro USA - CB Consumer Confidence (March) = 91.8 (expected 87.8 / prior 91.2)
πΊπΈπ #macro USA - Job Openings and Labor Turnover Survey (JOLTS) (Feb) = 6.882 million (exp 6.89 million / prev 6.946 million)
π Number of job openings on the labor market (JOLTS) for February: 6.882 million
(prior: 6.946 million) #macro
(prior: 6.946 million) #macro
π°π€ #PLUME Launches Tokenized Payroll Pilot Using WisdomTreeβs WTGXX
Plume, in collaboration with Toku and WisdomTree, has initiated a payroll pilot allowing eligible employees to receive part of their wages in shares of WisdomTreeβs tokenized money market fund, WTGXX. This program aims to test payroll distribution into on-chain yield-bearing assets and promote the real-world adoption of tokenized funds.
Plume, in collaboration with Toku and WisdomTree, has initiated a payroll pilot allowing eligible employees to receive part of their wages in shares of WisdomTreeβs tokenized money market fund, WTGXX. This program aims to test payroll distribution into on-chain yield-bearing assets and promote the real-world adoption of tokenized funds.
πΊπΈπ Crypto #ETF Flows Today:
Bitcoin ETFs:
1D NetFlow: +1,090 $BTC (+$73.24M)
7D NetFlow: -6,301 $BTC (-$423.4M)
Ethereum ETFs:
1D NetFlow: -4,079 $ETH (-$8.44M)
7D NetFlow: -161,288 $ETH (-$333.54M)
Solana ETFs:
1D NetFlow: -72,525 $SOL (-$5.95M)
7D NetFlow: -138,335 $SOL (-$11.34M)
Bitcoin ETFs:
1D NetFlow: +1,090 $BTC (+$73.24M)
7D NetFlow: -6,301 $BTC (-$423.4M)
Ethereum ETFs:
1D NetFlow: -4,079 $ETH (-$8.44M)
7D NetFlow: -161,288 $ETH (-$333.54M)
Solana ETFs:
1D NetFlow: -72,525 $SOL (-$5.95M)
7D NetFlow: -138,335 $SOL (-$11.34M)
This media is not supported in your browser
VIEW IN TELEGRAM
πΊπΈπ Google now lets US users change Gmail usernames while keeping data and account history intact.
π΅οΈ The 30D-SMA of total daily transaction fees has declined to 2.5 $BTC/day, the lowest level since March 2011.
Fee compression of this magnitude reflects a significant reduction in on-chain demand for block space, consistent with subdued network activity.
glassno.de/3NVcqes
Fee compression of this magnitude reflects a significant reduction in on-chain demand for block space, consistent with subdued network activity.
glassno.de/3NVcqes
πΈ Amber CEO Michael Wu: After the FTX Collapse, I Went Through "the Biggest Setback of My Life"
After the FTX collapse in 2022, Amber Group CEO Michael Wu experienced significant challenges, as his startup's valuation dropped from a potential $10 billion with 1,300 employees to severe downsizing and quarterly losses. In an interview with OKX, he reflects on his journey from a Morgan Stanley FX trader to a crypto pioneer, discusses the lessons learned from the FTX and 3AC crises, and shares his vision for blockchain's role in the future AI agent-driven economy. #ai
After the FTX collapse in 2022, Amber Group CEO Michael Wu experienced significant challenges, as his startup's valuation dropped from a potential $10 billion with 1,300 employees to severe downsizing and quarterly losses. In an interview with OKX, he reflects on his journey from a Morgan Stanley FX trader to a crypto pioneer, discusses the lessons learned from the FTX and 3AC crises, and shares his vision for blockchain's role in the future AI agent-driven economy. #ai