​​Crypto News Digest: Key Updates You Need to Know

This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.

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​​Drift Protocol rolls out its governance $DRIFT token along with a 100M airdrop

Drift Protocol, the largest open-sourced perpetual futures exchange built on Solana, will distribute 100M of its $DRIFT governance token through the airdrop. Some 180K eligible users will share 100M $DRIFT (10% of the total token supply), with more TGE and airdrop details coming soon.

👉🏻 x.com/DriftFDN/status/1780213283095552507

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​​Sharpe AI (SAI) teases an upcoming launch of the Sharpe Perps DEX

Sharpe AI has announced an upcoming launch of Sharpe Perps, its ultimate decentralized perpetual exchange. The exchange aims to deliver fast execution, deep liquidity, as well as unbeatable pricing. Sharpe is an institutional-grade crypto superApp, serving as a unified frontend for intelligence, tracking, and investing in digital assets.

👉🏻 x.com/SharpeLabs/status/1780211867115262300

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BounceBit introduces the Liquid Custody solution in a strive to redefine CeDeFi

BounceBit announces the launch of Liquid Custody, backed by prominent regulated custody providers and fund managers. This innovation aims at making CeFi assets liquid and lowering the barrier to entry. Users will be able to commit their assets to centralized custody, receiving Liquid Custody Tokens (LCT) in return, which allows them to withdraw the assets. Moreover, these LCTs can be bridged to BounceBit and be further utilized through staking and restaking features.

Although the Liquid Custody will go live only on mainnet, users can enter BounceBit's early access phase and claim a free BounceClub on testnet via our invitation link. BounceBit is building a BTC restaking infrastructure that provides a foundational layer for different restaking products.

👉🏻 medium.com/@bouncebit/introducing-liquid-custody-on-bouncebit-78e5923f7687

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​​Polyhedra Network (ZK) announces a partnership with Google Cloud

Polyhedra Network teams up with Google Cloud to bring ZK proofs to developers by leveraging Blockchain Node Engine. Under this partnership, the projects will streamline ZK workloads for blockchain operations. Earlier this week, Polyhedra received a $300M investment in staked $ETH from KelpDAO. Polyhedra Network is building secure, interoperable, and scalable Web3 infrastructure with advanced zero-knowledge-proof technology.

👉🏻 x.com/PolyhedraZK/status/1780507485239177485

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​​Gaming & Metaverse Projects by Social Activity

Posts. Posts measure the number of social posts across all social channels.

Interactions include socially-driven engagements and actions such as likes, comments, retweets, and upvotes.

Social Dominance. Social dominance calculates the "share of voice" across all social media data.

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​​Centrifuge has raised $15M in funding led by Greenfield Capital and ParaFi

Centrifuge, a platform dedicated to turning real-world assets (RWAs) into loans, closes its $15M investment round led by Greenfield Capital and ParaFi Capital. Additional investors included Circle Ventures, IOSG Ventures, Arrington Capital, The Spartan Group, Wintermute Venture, Bloccelerate, Stake Capital, Gnosis, Skynet Capital, TRGC, and others. The fundraising news comes with a proposal, to build a lending market called Centrifuge Pools.

👉🏻 axios.com/2024/04/17/centrifuge-15m-seriesa-funding-round

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​​TOP 10 Social-Fi dApps by Users Activity (30d)

Let's take a look at the top 10 social-fi dApps, based on users' activity over the past 30 days, according to the DappRadar. Social-Fi brings together the principles of social media and DeFi by offering a Web3 approach to creating, managing, and owning social media platforms and the content generated by its participants.

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​​Nuklai (NAI) goes live on the Gate.іо, MEXC, and Uniswap exchanges

Trading for $NAI is now live on Gate.іо, MEXC, and Uniswap! The project has previously conducted its token sales on ChainGPT Pad, Gate.io, Ape Terminal, and WeWay. Nuklai is an innovative layer 1 blockchain infrastructure to host a collaborative data ecosystem that will fuel AI and Large Language Models (LLMs) with world-class data.

🔸IDO Price: $0.003
🔸Current Price: $0.028 (~x9.96)
🔸ATH Price: $0.032 (~x10.8)

👉🏻 x.com/NuklaiData/status/1780537633900310665

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​​1intro will allocate 20% of all tokens sold during the LBP to participants

1intro announces an upcoming $INTRO airdrop for the LBP participants with a total reward pool of 20% of all tokens sold during the sale. The airdrop will be calculated based on the total amount of $SOL each user has spent. Users can still take part in the ongoing $INTRO public sale LBP. 1INTRO gives projects the ability to raise capital from retail investors and the community fairly and transparently with retail protection mechanisms enabled.

👉🏻 x.com/1intro/status/1780273676103098760

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​​Omni Network goes live on multiple exchanges and distributes its airdrop

Trading for the $OMNI token is now live on Binance, Coinbase, OKX, Bybit, Bitget, and others. Moreover, the project has opened a claiming portal for the $OMNI airdrop. Omni Network, a platform built to unite Ethereum rollups, became the 52nd project launched via Binance Launchpool.

👉🏻 x.com/OmniFDN/status/1780552280778867111

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​​TeleportDAO (TST) announces its partnership with bitSmiley

TeleportDAO teams up with bitSmiley, a stablecoin, lending, and derivatives protocol on the $BTC ecosystem. Through this partnership, the projects will work together to bridge bitUSD to EVM chains and Bitcoin layer 2s using TeleportDAO's bridging protocol. Moreover, TeleportDAO has recently launched its $TST token sale on CoinList. TeleportDAO is the unique trustless light-client bridge that actively connects Bitcoin, its Layer 2 protocols, and EVM chains such as Ethereum, BNB Chain, and Polygon.

👉🏻 x.com/Teleport_DAO/status/1780540493186641977

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​​Aark Digital has announced the closure of its $6M seed funding round

Aark Digital raises $6M in seed funding from HashKey Capital, Arrington Capital, Cypher Capital, Morningstar Ventures, IVC, Metavest, CSP DAO, and Apollo Crypto among others. This follows its Pre-Seed in Q2 2023, led by Delphi Digital, with participation from OKX Ventures and Big Brain Holdings. Earlier in March, the protocol partnered with Pendle to enable PT eETH holders to earn multi-rewards. Aark Digital is the Leverage Everything Perpetual DEX for professional traders/LPs on Arbitrum.

👉🏻 chainwire.org/2024/04/17/aark-raises-6m-funding-to-accelerate-lrt-liquidity-integration-for-high-leverage-trading

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​​Top DeFi Projects by Developer Activity

Dev.Activity - the development activity of a project done in its public Github repositories. Development Activity metrics are measured in a number of Github events.

Daily Active Addresses (DAA) - the number of unique crypto addresses interacting with (sending or receiving) a particular coin on a daily basis.

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​​Usual Labs has raised $7M in a strategic funding round and secured $75M in TVL

Usual Labs, the firm behind the DeFi protocol Usual, closes a $7M funding round co-led by IOSG and Kraken Ventures, with participation from GSR, Mantle, Starkware, Flowdesk, Hypersphere, X Ventures, TRGC, Breed, and others. The funds will allow Usual to prepare for the pre-launch of its USD0 stablecoin on the Ethereum mainnet in Q2 2024.

👉🏻 x.com/usualmoney/status/1780601633095000332

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​​AIT Protocol (AIT) will be listed on Bitget and MEXC on April 18th

Trading for $AIT will go live on Bitget, Gate, and MEXC on April 18th, at 11:00, 10:00, and 14:00 UTC respectively. AIT Protocol is the inaugural data infrastructure dedicated to data annotations and the training of AI models, incubated by PAAL AI and Metabros.

👉🏻 x.com/AITProtocol/status/1780552438770266589

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​​Worldcoin announces the forthcoming launch of the World Chain L2 network

Worldcoin will roll out World Chain, a Layer 2 network that will accelerate growth and leverage World ID’s Proof of Personhood. The blockchain is expected to be an ecosystem of decentralized financial and identity apps focused on utility for everyday life with the launch scheduled for this summer. The project has raised $240M in funding rounds backed by a16z, Blockchain Capital, Coinbase, Multicoin Capital, Hashed and others.

👉🏻 worldcoin.org/blog/announcements/introducing-world-chain

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​​Merlin Chain (MERL) will be launched via Bitget Launchpool on April 18th

Bitget announces the launch of the $MERL Launchpool promotion with a 330,000 $MERL prize pool. Starting from April 18th, 07:00 AM UTC, users will be able to stake BGB and USDT in different pools to mine $MERL for 10 days. Merlin Chain is a native Bitcoin Layer2 committed to empowering Bitcoin's native assets, protocols, and products on Layer1 through its Layer2 network.

👉🏻 bitget.com/support/articles/12560603808362

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​​Crypto News Digest: Key Updates You Need to Know

This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.

CryptoDep | Community Chat | Twitter | Telegram

​​XSwap has disclosed the details of its upcoming $XSWAP IDO on Ape Terminal

Registration for the $XSWAP IDO on Ape Terminal is now live and will be open till April 22nd, 07:00 UTC. XSwap leverages Chainlink's Cross-Chain Interoperability Protocol to provide cross-chain messages and token transfers, offering defense-in-depth security and a unified developer interface for seamless and scalable execution across blockchains.

🔸IDO Price: $0.05
🔸IDO Hardcap: $200K
🔸Initial Market Cap: $1.99M

👉🏻 launch.apeterminal.io/project/xswap

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​​BounceBit (BB) will become the inaugural project launched via Binance Megadrop

BounceBit will go live on Binance Megadrop, a new token launch platform with airdrops and Web3 quests. Users will be able to subscribe BNB to Locked Products and complete tasks in their Web3 Wallet for early access to rewards from BounceBit before their tokens are listed on the Binance Exchange. More details about the campaign and further $BB token listing on Binance are coming soon.

Furthermore, users can enter BounceBit's early access phase and claim a free BounceClub on testnet via our invitation link. BounceBit is building a BTC restaking infrastructure that provides a foundational layer for different restaking products.

👉🏻 binance.com/en/support/announcement/binance-launches-megadrop-a-token-launch-platform-with-airdrops-and-web3-quests-748b7181f5d14d6fb2add4048374d646

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