ICO Drops - ICO News & Alerts
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Crypto Market Daily Review ☀️

The market is neutral. Market cap is $1.21T, Bitcoin is trading at $28K.

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⚡️ Highlights:

- Twitter has removed the DOGE logo
- Arthur Hayes, the former CEO of crypto exchange BitMex, and Vaidya, BitMex’s former head of corporate development, founded Maelstrom Capital, where Vaidya serves as head of investments
- Chinese state insurance firm (the second largest in the country) launches two crypto funds in Hong Kong

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CLV just released the latest version of CLV Scan with enhanced features and improved functionality.

New CLVScan site is already available on mobile and CLV portal, and will soon be available on Chrome extension.

https://twitter.com/clv_org/status/1643966311419248640
The deadline for selection of repayment methods and registration of payee information for Mt Gox creditors has passed.

Repayments are currently scheduled to be made by October 31, 2023.

https://www.mtgox.com/img/pdf/20230407_announcement_en.pdf
A contender to be the prime minister of Thailand is promising every citizen 10,000 Thai Baht (approximately $300) in digital currency if his party forms a government following a general election scheduled for May.

https://www.coindesk.com/policy/2023/04/07/head-of-thailands-opposition-party-promises-300-crypto-airdrop-if-elected-prime-minister/
dYdX is winding down user access from Canada.

New users located in Canada are not allowed to onboard to the exchange anymore.

Therefore, existing users will be able to continue to execute trades on the platform for one week.

On April 14th at 17:00 UTC, dYdX will move all existing users in Canada to close-only mode, and users will maintain the ability to withdraw funds from the protocol at any time. 

https://dydx.exchange/blog/canada-wind-down
OpenSea has introduced new updates for improving the user experience of the platform:

▫️Wallet overhaul w/ streamlined wrapping/unwrapping ETH
▫️Live balance refreshes
▫️Collection offer modal updates
▫️Offers tab for collection offer depth
▫️Trait filter on offers tab

https://twitter.com/opensea/status/1644434578676019200
Variant Fund has announced the launch of the Variant Founder Fellowship, a three-month program for Web3 founders at the earliest stages of their journey.

Fellows will get access to Variant’s peer network of founders, builders, and experts operating at the bleeding edge of crypto, and learn from functional experts in web3 and build alongside teams in the Variant portfolio that are further along in their journeys.

Applications are now open until April 17th, 2023.

https://variant.fund/variant-founder-fellowship/
EOS EVM has successfully passed its security audit.

On April 14th, EOS EVM will be live.

https://twitter.com/bigbeardsamurai/status/1644507124599226370
Binance US struggles to find a bank to take its customers' cash after the collapse of Signature Bank.

Deposits were previously sent to either Signature Bank or Silvergate Capital.

Binance US now conducts customer cash through Prime Trust LLC, a crypto services and financial technology firm.

https://www.wsj.com/articles/binance-us-struggles-to-find-bank-to-take-its-customers-cash-83150ac5
According to Coinbase CEO, Coinbase will integrate Bitcoin Lightning Network.

https://twitter.com/brian_armstrong/status/1644794656570617856
Arianna Simpson, general partner at Andreessen Horowitz, says that a16z will continue to tailor the fund sizes to opportunities it sees in the market.

https://techcrunch.com/2023/04/08/a16z-will-continue-to-tailor-its-multi-billion-dollar-crypto-funds-to-market-opportunities-gp-says/
SushiSwap RouterProcessor2 contact has an approve-related bug, which leads to the loss of >$3.3M loss (about 1800 eth).

It is recommended to revoke the signature and transfer funds to another wallet.

https://twitter.com/peckshield/status/1644907207530774530
Hong Kong finance minister says that the government will adopt a proper regulation and promotion strategy for Web3.

https://www.fso.gov.hk/sim/blog/blog20230409.htm
The Bank of England is looking to build a team of as many as 30 people to develop a central bank digital currency (CBDC).

In February, the U.K.'s central bank and finance ministry said they were starting further research and development on a digital version of the pound sterling, and invited the public to weigh in on the plans. While the project has been dubbed Britcoin in the press, the bank is less keen on the moniker, saying no decision has been made on whether a digital pound would use distributed ledger technology.

The bank's website careers page lists positions for a Digital Pound Security Architect and Digital Pound Solutions Architect, both added toward the end of last month. Both pay as much as 80,000 British pounds ($99,000) in salary. The Treasury advertised for a Head of Central Bank Digital Currency in January.

https://www.coindesk.com/policy/2023/04/09/bank-of-england-targets-30-strong-team-for-digital-currency-report/
Instagram and Facebook will wind down the support for digital collectibles on April 11, 2023.

https://help.instagram.com/1824155514623095
The Arbitrum community proposes for returning 700 million ARB to the DAO treasury.

Current results:
For - 50%
Against - 48%

The proposal implies that in the case of a return, there will be more evidence that final decisions are made by the community and, therefore, that Arbitrum is decentralized.

https://forum.arbitrum.foundation/t/proposal-return-700m-arb-to-the-dao-treasury/13490
https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x3ae4c725f7cb82d450b6fe8517178b2a0a51d1105beaad0adb421df1bc8f8cc4