PlayStation crypto game dev Gunzilla Games raises $30 million in round led by Avalanche fund and CoinFund.

Funding will support the development and release of “Off the Grid,” a free-to-play battle royale video game slated for release on PlayStation, Xbox and PC.

https://www.theblock.co/post/284572/playstation-crypto-game-dev-gunzilla-games-raises-30-million-in-round-led-by-avalanche-fund-and-coinfund

Tether announced a strategic expansion of its AI focus, positioning itself at the forefront of innovation.

https://tether.to/en/tether-expands-ai-focus-welcomes-top-talent-to-fuel-innovation/

Web3 modular infrastructure firm 0G Labs announced the successful completion of a $35 million pre-seed funding round.

The round received participation from more than 40 crypto-native institutions, including Hack VC and Stanford Builders Fund.

The money will go towards building what 0G Labs calls the first modular AI chain.

https://cointelegraph.com/news/0-g-labs-raises-35-million-pre-seed-funding-web3-metaverse-blockchainon-artificial-intelligence-ai

Cross-Chain Transfer Protocol is now live on Solana mainnet.

Developers and their users can now move USDC securely between 8 blockchains with 1:1 capital efficiency.

https://x.com/circle/status/1772609528258781191

MicroStrategy has now surpassed eBay to become the 280th largest company in the US.

https://twitter.com/BitcoinMagazine/status/1772599858316055008

The EigenLayer and EigenDA Holesky Testnet is now up and running.

https://www.blog.eigenlayer.xyz/eigenlayer-holesky-testnet-launch-dual-quorum-support-for-eigenda/

KuCoin and two of its founders, Chun Gan and Ke Tang, criminally charged with bank secrecy act and unlicensed money transmission offenses.

https://www.justice.gov/usao-sdny/pr/prominent-global-cryptocurrency-exchange-kucoin-and-two-its-founders-criminally

MicroStrategy releases Auto, the customizable AI Bot that makes enterprise analytics accessible to anyone, building on MicroStrategy AI.

https://twitter.com/MicroStrategy/status/1772636200844534003

Injective is releasing the ionic upgrade to the Injective Bridge.

The Ionic upgrade key features:

▫️A one-click bridging solution across major chains including Ethereum, Solana, and Cosmos
▫️Revamped tracking mechanisms
▫️Near-zero fees

https://blog.injective.com/en/the-next-generation-injective-bridge-ionic-upgrade/

Ankr has released Neura, the blockchain for AI.

Neura is an EVM-compatible blockchain built on the CosmosSDK, designed to tackle the challenges AI developers face when bringing new projects to market such as:

▫️Lack of GPU resources
▫️Funding
▫️Scaling data accessibility

Neura’s architecture creates a solid foundation of infra for AI startups offering access to:

▫️Decentralized GPU resources
▫️Crypto-based crowdfunding through IMOs, Initial Model Offerings
▫️On-chain AI operations

Neura introduces an innovative funding and economic model for AI startups.

IMO’s, or Initial Model Offerings enable AI projects to secure investment and computational resources via decentralized crowdfunding.

This is made possible through ERC-404 and ERC-7641 token standards supported by Neura to facilitate fractional ownership and revenue sharing of AI models.

Neura utilizes off-chain decentralized storage solutions such as IPFS.

This approach ensures both efficient and secure data storage, while the blockchain maintains data integrity.

The ANKR token is the heart of Neura’s ecosystem.

It serves as the universal currency for accessing GPU resources, participating in IMOs, & acquiring AI services.
Moreover, it incentivizes GPU providers & rewards AI devs, nurturing an ecosystem of innovation & expansion.

https://x.com/ankr/status/1772659944229060713
https://x.com/neura_io/status/1772659650770387208

Forgotten Playland has announced The Foundation ToyBox Sale information.

Date: 28th of March 15:00 UTC
48 hour open edition sale
Price: $19,99
Secondary market: Sphere

https://x.com/ForgotPlayland/status/1772249579599081928

Optimism allocated a total of 850 million Optimism tokens worth $3.3 billion for grants to its blockchain builders.

4 rounds of Retro Funding in 2024:

▫️Round 4 (May) - Onchain Builders. This includes builders who bring new users to the Superchain, drive network effects and protocol usage.
▫️Round 5 (August) - OP Stack. Contributions to the OP Stack and improvements to the foundational elements of Optimism's infrastructure will be rewarded in this round.
▫️Round 6 (August) - Governance. This round will focus on rewarding key governance infrastructure that enables continued decentralization.
▫️Round 7 (October) - Dev Tooling. Supporting Optimism builders with developer tooling is the focus of this category.

https://twitter.com/Optimism/status/1772664299359707556
https://cointelegraph.com/news/optimism-3-billion-public-good-retro-funding-grants

In the CFTC’s complaint against KuCoin, the regulator says that the exchange allowed investors to trade commodities including bitcoin, ether and litecoin.

https://blockworks.co/news/cftc-alleges-eth-as-commodity-kucoin-lawsuit

Bybit has listed Apeiron (APRS).

APRS is now trading at $1.8 (~17x from ICO on Impossible Finance).

FDV: $1.86B

APRS Sale Details:
Total Supply: 1,000,000,000
Price: $0.11 USD
Vesting: 20% unlock on TGE. 2 months cliff, then 80% block by block vesting over 18 months.

Apeiron is a P2E/NFT game on Ronin.

https://www.bybit.com/en/trade/spot/APRS/USDT

Munchables, a web3 gaming platform based on the Ethereum Layer 2 Blast, lost $62.5 million in the exploit.

The exploiter’s wallet address contained nearly 17,411 ETH, crypto sleuth ZachXBT found.

https://www.theblock.co/post/284883/web3-gaming-platform-munchables-loses-62-5-million-in-exploit-zachxbt
https://twitter.com/_munchables_/status/1772739713687752761

Eric Balchunas: “Looks like Hong Kong is going to allow in-kind creations and redemptions for spot bitcoin ETFs in 2Q”.

https://twitter.com/EricBalchunas/status/1772602019133423921

Nilam Resources CEO resigns day after 24,800-bitcoin announcement.

https://protos.com/scoop-nilam-resources-ceo-resigns-day-after-24800-bitcoin-announcement/

Coinbase has added Shadow Token (SHDW) and Neon EVM (NEON) to its roadmap.

The growth was 50% and 30%, respectively.

https://twitter.com/CoinbaseAssets/status/1772775541138948148

Crypto Market Daily Review ☀️

The market is neutral. Market cap is $2.69T. Bitcoin is trading at $70.3K

dropstab | icodrops | twitter | telegram

Due to the negative news of KuCoin, whales are transferring assets from KuCoin to other exchanges.

The total outflow over the last 24 hours is ~$700 million.

Whale"0x1abc" withdrew 54M USDT from KuCoin and transferred it to OKX.

Whale"0x5212" withdrew 32M USDT from KuCoin and transferred it to Bybit.

KuCoin currently holds ~$6.137B assets, including:

1.36B USDT
14,353 BTC ($1.01B)
107,732 ETH ($389.96M)
18.57M KCS ($231.19M)
955,752 SOL ($182.15M)
12.65B VRA ($128.87M)
3.37T SHIB ($104.95M)

https://x.com/lookonchain/status/1772838348593471523

ETHFI, SUI, ALT, AERO reached new ATHs.

https://dropstab.com/