Bitcoin futures trading volume also jumped 86% in March compared to February, again reaching nearly $2.5 trillion.
The latest price moves in bitcoin (BTC) and crypto markets in context for April 3, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Cross-chain bridge Wormhole initiated an airdrop that will see early users rewarded with 617 million of its newly issued governance token, W
Frax Finance is collaborating with Noble to bring Frax tokens from Ethereum to the Cosmos ecosystem, where they will compete with USDC.
The first client to use the tool will be a partnership between asset manager DWS, Flow Traders and Galaxy to manage a fully collateralized euro-denominated stablecoin, GK8 said.
Mangata Finance has rebranded to Gasp and raised $5 million ahead of its testnet launch as an EigenLayer Actively Validated Service.
KuCoin has also seen more than $1.2 billion in outflows from the crypto exchange since the charges were made on March 26.
Retail engagement materially accelerated in the first quarter, the report said.
Supporting the creator economy with AI-generated video will take more GPUs than all major tech companies operate.
Bitfinex Derivatives announced the launch of perpetual futures tied to Volmex’s proprietary bitcoin and ether implied volatility indices.
