​​DAILY CRYPTOMARKET REVIEW

Total Market Capitalization: $2.59T (+1.57%)
BTC Price: $66,591 (+0.62%)
BTC Dominance: 50.7% (-0.40%)
Fear & Greed Index: 72 (Greed)
Total Value Locked: $155B (+1.31%)

​​Outlanders (LAND) extended its partnership with UpOnly (UPO)

Through this partnership, Outlanders integrates UpOnly's OpenAPI marketplace to enable trading for MMORPG in-game assets across different chains and ecosystems. Outlanders is the first low-poly-style MMORPG in the NAKA Ecosystem.

👉 x.com/PlayOutlanders/status/1782768981801156763

​​KIP Protocol (KIP) will hold its Genesis NFT Free Mint on April 29

Users can participate in the KIP Airdrop Quests on Galxe and TaskOn to secure a spot in the Genesis NFT Free Mint. Each minted NFT grants users with possible airdrop. KIP Protocol is an open-source Web3 framework for AI applications.

👉 twitter.com/kipprotocol/status/1782388678037524924

​​Y8U AI (Y8U) has announced a partnership with DeGods

Projects are uniting to empower the DeGods community with the Y8U AI products and tools, granting users access to easier ways to monetize their media presence. Y8U is a Web3 protocol designed for the creation and decentralized storage of digital clones.

👉 twitter.com/y8udotai/status/1782829340805288410

​​ZeroLend (ZERO) launches its token via KuCoin BurningDrop

The subscription period has already started and will last till April 24th, 18:00 UTC. KuCoin users will be able to mine ZERO by staking KCS on April 25 - May 15. Tokens Allocated for the platform: 333,333,333 ZERO.

👉 kucoin.com/announcement/en-zerolend-zero-is-available-on-burningdrop

​​Binance has completed 27th BNB Quarterly Burning!
1,944,452 BNB (worth ~$1.17 billion) has been burned!

👉 bnbchain.org/en/blog/27th-bnb-burn

​​GuildFi (GF) announced its rebranding to Zentry (ZENT)

Zentry is a gaming universe that extends beyond a typical DAO, featuring a story-driven and evolving ecosystem, aiming to transform lives with the Gaming Superlayer. The GF token migration to ZENT (1:10 ratio) is scheduled to start on April 25th.

👉 medium.com/zentry/introducing-zentry-the-gaming-superlayer-60ab6c9f8c90

​​Top-15 Monthly Social Volume Gainers

Social Volume refers to the overall count of social media messages, posts, and metadata from the internet that include terms related to a specific cryptocurrency project.

​​U.S. Department of Justice wants CZ to spend 3 years in prison

Attorneys with the DOJ filed a sentencing memo arguing CZ should spend 36 months in prison and pay a $50M fine after he pleaded guilty to violating the Bank Secrecy Act. Zhao originally faced up to 18 months in prison under the terms of his plea agreement.

👉 coindesk.com/policy/2024/04/24/binance-founder-changpeng-zhao-should-spend-3-years-in-prison-doj-says/

​​Ultiverse (ULTI) to conduct the Gold Chip NFT Collection Mint

Starting from April 29th, users will be able to deposit funds to participate in a raffle phase, which will take place on May 1st. There will be 8,000 NFTs/$750 NFT price in ETH. Ultiverse is an integrated Web3 platform combining GameFi, NFTs, DeFi, and Liquid Staking.

👉 x.com/UltiverseDAO/status/1782721075459309642

​​LayerHub, an on-chain analytics tool, has unveiled its public Mainnet

LayerHub offers a set of metrics for analyzing project performance, including transaction activity, active wallets, TVL, transaction count, user growth, and more. The platform supports on-analytics for Linea, Scroll, Zora, and Nibiru blockchain.

👉 x.com/layerhub/status/1782741295846355056

​​Mystiko.Network (XZK) has announced an integration with Linea

Mystiko ZK SDK comes to the Linea ecosystem means Linea developers gain access to more options to build applications with less cost and more security. Mystiko.Network is the zero-knowledge technology (ZK) Layer of Web3.

👉 x.com/MystikoNetwork/status/1783052354755100877

​​Crypto Events Recap, April 23-24

👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-april-23-24-2024

​​DAILY CRYPTOMARKET REVIEW

Total Market Capitalization: $2.48T (-4.25%)
BTC Price: $63,940 (-4.13%)
BTC Dominance: 50.7% (0.00%)
Fear & Greed Index: 72 (Greed)
Total Value Locked: $150B (-3.23%)

​​Bware Labs (INFRA) and MultiversX (EGLD) join forces to launch Grant Program

The goal behind this program is to offer MultiversX’s developers a direct connection with the infrastructure provider, Blast API, a decentralized platform built by Bware. Eligible projects will benefit from an up to 3 months free trial on Blast API.

👉 multiversx.com/blog/multiversx-bware-grant-program

​​BounceBit (BB) launches on Binance Megadrop on April 26th

Users can join the campaign by locking their BNB in the BNB Locked Products and completing Web3 Quest (Stake 0.0001 BTCB to BounceBit) starting on April 26th. Megadrop Hard Cap is 168M BB (8% of supply). The initial Circ. Supply is 409M BB (19.5% of supply).

👉 binance.com/en/support/announcement/bb-megadrop

​​Overlay (OV) announced a collaboration with UniPort Network

The partnership with UniPort, BTC Restaking Layer, comes after Overlay unveiled its Trade Everything Engine facilitating trading from Bitcoin Dominance to CS 2 Skins Index. Overlay is a decentralized perpetual futures protocol built on Arbitrum.

👉 x.com/OverlayProtocol/status/1783150971104743827

​​Kelp DAO has unveiled rsETH withdrawals starting on May 3rd

Users will be able to redeem their rsETH for one of the three LSTs from the withdraw pool – ETHx, stETH, and sfrxETH. Redemptions in native ETH will follow suit soon. Kelp DAO is a liquid restaking solution enhancing liquidity for restaked assets, with $700M+ TVL.

👉 x.com/KelpDAO/status/1783434984356770189

​​Aligned Layer has raised $20 million in the Series A funding round

The Series A funding round was led by Hack VC with participation from Everest Ventures, Symbolic Capital, dao5, Nomad Capital, Theta Blockchain Ventures, Finality, and others. Aligned Layer is a ZK verification layer built atop the EigenLayer.

👉 x.com/alignedlayer/status/1783413821752725525

​​DeFi ecosystem overview: Liquid Restaking

Liquid Restaking protocols accept deposits in Liquid Staking Tokens (for example Lido's stETH), restake them with EigenLayer, and then distribute Liquid Restaking Tokens (LRTs), like eETH, ezETH, and pufETH, that can be further used in DeFi.

Among the top Liquid Restaking projects by TVL are еthеr.fі ($3.79B), Renzo ($3.19B), and Puffer ($1.31B).