MicroStrategy proposes $600 million convertible note offering.

The company said it would use “to acquire additional bitcoin and for general corporate purposes.”

https://www.theblock.co/post/280491/microstrategys-shares-surge-over-23-as-bitcoin-portfolio-exceeds-13-billion

BlackRock filed with the SEC for its Strategic Income Opportunities Portfolio.

https://twitter.com/Scaramucci/status/1764769628616634762
https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/1738078/000119312524057885/d718346d497.htm

Crypto Market Daily Review ☀️

The market is growing. Market cap is $2.54T. Bitcoin is trading at $67.4K

dropstab | icodrops | twitter | telegram

Fantom Foundation awarded default Judgement against Multichain.

In July 2023, an exploit on the Multichain bridge saw the depletion of over $210 million in assets across various chains, including Fantom, Ethereum, BNB, Cronos, Polygon, Arbitrum, zkSync, Optimism, and Moonbeam. Fantom’s ecosystem losses amounted to approximately one-third of total losses. 
After all attempts to engage with the former directors and key personnel of the Multichain Foundation failed, Fantom filed an action against the Multichain Foundation for breach of contract and fraudulent misrepresentations for losses sustained by Fantom.

https://blog.fantom.foundation/fantom-foundation-awarded-default-judgement-against-multichain/

Stanford’s Blyth Fund allocates 7% of its portfolio to Bitcoin.

https://cointelegraph.com/news/stanford-university-blyth-fund-allocates-7-percent-portfolio-bitcoin

Binance will list Dogwifhat (WIF) at 2024-03-05 14:00 UTC.

WIF is a-dog-with-a-hat meme on Solana.

https://www.binance.com/en/support/announcement/binance-will-list-dogwifhat-wif-with-seed-tag-applied-90ad67fe5be7483ea058191bfde677e4

🔥Bitcoin has reached $69K.
BTC is now trading at $68K.

https://www.binance.com/en/trade/BTC_USDT

Research by London-based Nickel Digital showed that institutional investors and wealth managers with crypto holdings plan to boost their crypto investments in the year ahead.

https://www.theblock.co/post/280617/institutional-crypto-investment-poised-increase

Grayscale has introduced a new fund that stakes cryptocurrencies to earn income.

The Grayscale Dynamic Income Fund (GDIF) initially will own assets for nine blockchains: Aptos (APT), Celestia (TIA), Coinbase Staked Ethereum (CBETH), Cosmos (ATOM), Near (NEAR), Osmosis (OSMO), Polkadot (DOT), SEI Network (SEI), and Solana (SOL).

https://www.coindesk.com/business/2024/03/05/bitcoin-etf-giant-grayscale-introduces-a-crypto-staking-fund/

🔥BTC is now trading at $63,410.
ETH is now trading at ~$3,540.

https://dropstab.com/coins/bitcoin

Long and short positions liquidated for $1.14B in 24 hours.

https://www.coinglass.com/LiquidationData

Trading volume of spot Bitcoin ETFs hit a record $10bn yesterday.

https://twitter.com/EricBalchunas/status/1765121689036427654

Cross-chain decentralized exchange WOOFi hacked for over $8M.

The exploiter borrowed ~7.7M WOO as well as some other assets and sold the WOO into WOOFi. At this point WOOFi’s sPMM incorrectly adjusted WOO to an extreme price which was close to zero, and the exploiter then swapped out 10M WOO in the same transaction with almost no cost. The exploiter repeated this attack 3 times within a very short period of time, which netted about $8.75m in profits after returning the flash loans.

The WOO price has decreased by 10% in 24 hours.

https://woo.org/blog/en/woofi-spmm-exploit-post-mortem
https://coinfomania.com/defi-project-woofi-hacked-for-over-8m/

Jupiter launched a voting platform.

All votes (including the genesis vote) will receive incentives, which includes launchpad fees from the JUP and WEN launch and upcoming fees from launchpad projects.

- You will receive an equivalent amount of voting power for each JUP locked
- Unlocking takes 30 days. You will be able to vote during the unlock countdown, with a decreased voting power
- You can vote on multiple proposals with the same locked JUP

https://twitter.com/JupiterExchange/status/1765046720541651076

Ethereum NFTs have dropped significantly in value due to ETH surge.

Over the last week, BAYC, Pudgy Penguins, MAYC and Azuki, have fallen in price by over 25% in ETH.

https://blur.io/collections

Binance.US laid off 2/3 of staff in wake of SEC lawsuit, revenue plunged 75%.

https://fortune.com/crypto/2024/03/05/binance-us-layoffs-crypto-sec-cz-zhao/

Crypto Market Daily Review ☀️

The market is down. Market cap is $2.49T. Bitcoin is trading at $65.7K

dropstab | icodrops | twitter | telegram

Binance has announced the 48th project on Binance Launchpool - AEVO (AEVO).

Users will be able to stake their BNB and FDUSD into separate pools to farm AEVO tokens over five days, with farming starting from 2024-03-08 00:00 UTC.

Binance will then list AEVO at 2024-03-13 10:00 UTC and open trading with AEVO/BTC, AEVO/USDT, AEVO/BNB, AEVO/FDUSD and AEVO/TRY trading pairs.

https://www.binance.com/en/support/announcement/3ff4cb81f21346a4a6b1c966e0b797f0

Ribbon Finance (RBN) price has increased by more than 50% in 24 hours.

Ribbon Finance is a platform that offers decentralized options vaults and lending services.

https://dropstab.com/coins/ribbon-finance

Wallets created in 2010 sold 1,000 BTC at yesterday's BTC peak.

https://news.bitcoin.com/mega-whale-resurfaces-1000-vintage-bitcoins-from-2010-moved-as-btc-peaked-at-69210/

Revolut has joined forces with self-custodial wallet MetaMask to offer Revolut Ramp, a feature that will let users top up their MetaMask wallets with their Revolut account.

https://www.coindesk.com/business/2024/03/06/revolut-launches-direct-crypto-purchase-into-metamask-wallets-in-bid-to-simplify-web3/