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/

Binance: "Withdrawals on Solana (SOL) network have been intermittently suspended since 2024-03-04 due to the increased volume of transactions on the network. Binance has identified some areas for optimization, and is working to provide a stable and long-term solution. The estimated implementation date of the solution is 2024-03-09 18:00 UTC."

https://www.binance.com/en/support/announcement/notice-on-the-intermittent-suspension-of-withdrawals-on-solana-sol-network-4fd0cd11c66642e9be99830070c6b038

Synnax, a pioneer in AI-driven credit rating standards for the digital asset industry, has announced the successful closure of a USD$1 million Pre-Seed funding round, led by No Limit Holdings.

The round also included participation from leading global investors, Edessa Capital, Kenetic Capital, Bitscale, Ryze Labs, MH Ventures, Hex Trust, Moonvault, GameFi Ventures, Typhon Ventures, Ausvic Capital, Drops Ventures, and Everstake Ventures.

https://x.com/SynnaxTech/status/1765323517497934162
https://medium.com/synnax/synnax-secures-1m-in-pre-seed-funding-introduces-ai-credit-intelligence-44e9fb0d7443

Binance made crypto perfume “Crypto” for women.

https://techcrunch.com/2024/03/06/binance-crypto-perfume/

Ethena is integrating with Injective, marking its first expansion outside of the Ethereum ecosystem.

Both the Injective and the broader IBC community now have access to USDe, enabling users to earn Ethena Shards beginning on March 11th.

https://x.com/injective/status/1765400991849927080

Mirana Ventures, a global Web3 investment firm, has announced the launch of a new long-term partnership with TON that includes an $8 million purchase of Toncoin in the secondary market.

Mirana Ventures will receive access to Telegram’s advertising platform as part of this new partnership. This opportunity allows Mirana and its partners, including Mantle and Bybit, to leverage tailored advertising strategies aimed at boosting community engagement and growth from communities within the TON Ecosystem.

The Mirana-TON partnership will also include Bybit, one of its portfolio companies, stepping in to provide liquidity for RFQ technology in TON Space.

https://blog.ton.org/mirana-backs-toncoin-with-8-million

Spain demanded that Worldcoin immediately stop collecting personal information in the country and stop using the data already collected.

https://www.ft.com/content/204c1c81-7a6f-4a6a-907e-8782b9d1bed2

Hedgehog, a protocol providing tools for dealing with fluctuating crypto transaction fee prices, has raised $1.5 million in a pre-seed round.

Venture capital firms Marshland Capital, Tenzor Capital, Prometeus Ventures, 3Commas Capital, and Nothing Research participated in the round.

Angel investors included Vasiliy Shapovalov, co-founder of Lido Finance; Banteg, a pseudonymous developer at Yearn Finance; and ivangbi, a pseudonymous core contributor to Gearbox.

https://twitter.com/TheHedgehog_io/status/1765355385290965024
https://www.theblock.co/post/280593/hedgehog-a-protocol-for-hedging-against-crypto-transaction-fees-raises-pre-seed-round