![\\\"\\\"](\\\"https://lh7-us.googleusercontent.com/lwPchkyN1w9lfk9YJRBSDblwdjI1oiOC9t81J5YwtAETL4I7B7et77TYuqmc5nhEREQHdqKtFox8AaEXoQsc_dkpKUBODPVuhvyTMksHKAwNy5X7SKzhyX9TAVyKBu-jm9azK-FGidljfEjsk7cW-Lo\\\")
In the context of the cryptocurrency market's continuous growth and evolution, updating information quickly and accurately becomes incredibly important. Here are 8 notable events of the day regarding the ongoing trends.
The BlackRock USD Institutional Digital Liquidity (BUIDL) fund has now become the world's largest tokenized securities fund by assets under management just 6 weeks after its launch.
Statistics of assets under management for funds. Source: rwa.xyz
As of April 30th, the BUIDL fund reached a milestone of $375 million in assets under management, surpassing its direct competitor, Franklin Templeton's FOBXX fund, by approximately $8 million.
Additionally, BlackRock also owns the Bitcoin ETF fund IBIT, which attracted $10 billion in early March and $766 million as of April 29th.
The DeFi community discovered on the morning of May 1st that there were some suspicious transactions related to liquidity pools on Ethereum, Arbitrum, and Optimism associated with Pike Finance.
The amounts transferred were 479 ETH, 99,970 ARB, and 64,126 OP, totaling approximately $1.7 million. Vulnerabilities in Pike Finance's contracts were exploited by hackers to update and change permissions for the withdrawal address.
In the early hours of April 27th, the cross-chain lending project Pike Finance was also attacked, resulting in an estimated damage of 300,000 USDC.
MilkyWay, the liquid staking protocol on the modular blockchain Celestia (TIA), has successfully raised $5 million in a seed funding round led by Binance Labs and Polychain Capital.
The co-founder and CEO of MilkyWay stated that the project began fundraising for this round in December 2023 and concluded about a month ago. The fundraising round was structured as SAFE for the two leading investment funds, and SAFT for other investors.
The trial for former Binance CEO Changpeng Zhao took place on April 30th. The outcome was a 4-month prison sentence for CZ for obstruction of anti-money laundering efforts.
Before this, Zhao had also paid a $50 million fine to U.S. authorities and agreed not to hold a management position at Binance for 3 years, although he retains majority ownership rights in Binance.
After being sentenced, CZ expressed gratitude to all those who have followed and supported him throughout his journey, affirming that he will accept the punishment imposed by the U.S. court.
FTX has sold 1.8 million locked Solana (SOL) tokens, valued at approximately $225 million at the time of writing (with SOL trading at around $125). This was done through an auction held in recent weeks.
The bidding range for the locked SOL batch fluctuated between $85 - $110 per SOL. However, FTX only accepted bids above $95 per token, with a lock-up period of 4 years. The $95 mark per Solana token corresponds to a 24% discount compared to the current price of $125 per SOL.
OP_CAT, also known as BIP-420, has been launched on Bitcoin's official test network called 'SIGNET.' This will allow developers to build advanced OP_CAT applications using CatVM and conduct real-time testing on the official test network. Bitcoin's 'SIGNET' is similar to Ethereum's 'SEPOLIA' network.
The US Department of Justice has issued an indictment against Roger Ver, who was once highly prominent in the cryptocurrency investment community from 2013 to 2018. Roger Ver faces three charges related to fraud and tax evasion and has been arrested in Spain.
The indictment alleges that Roger Ver concealed Bitcoin investments in 2017, resulting in the US Internal Revenue Service (IRS) losing $48 million in taxes. Despite Ver renouncing his US citizenship, US authorities argue that he still has tax obligations.
Ver is also accused of forging documents and falsifying the value of 73,000 BTC assets of two companies.
The Web3 startup Matera has successfully raised $3.6 million in funding. The capital will be used to build a platform aimed at addressing common revenue challenges in the creative economy.
The funding round saw participation from several prominent companies including Sidedoor Ventures, HighCass Crypto, Medusa Ventures, The Sandbox, and Saxon Partners.
Matera's vision is an important step towards addressing the financial barriers that creators face in the digital economy.
Uniswap currently accounts for about 37% of the total trading volume on Layer 2. This marks a significant increase compared to the trading volume observed two years ago. Uniswap's Layer 2 volume has increased by over 650% in the past 24 months, rising from around $4 billion in 2022 to over $30 billion this year.
Hopefully, the information in this article has helped you better understand the current cryptocurrency market and the trends that are unfolding. Stay tuned for the latest updates.
*Disclaimer: The information provided in this article is for informational purposes only and should not be considered financial or investment advice. Always conduct your research and consult with professionals before making investment decisions.
🌐 Klarda Official Media Channels
➤ Klarda App: https://dashboard.klarda.com/
➤ Klarda Homepage: https://klarda.com/
➤ Linkedin: https://www.linkedin.com/company/klarda-digital/
➤ Twitter: https://twitter.com/KlardaOfficial
\",\n \"creator\": \"Klarda\",\n \"description\": \"The fastest updates on the cryptocurrency market with the latest fluctuations. News, trends, and notable events in the crypto world and blockchain today.\",\n \"klarda_categories\": [\n \"Klarda News\",\n \"Crypto Today\"\n ],\n \"link\": \"https://klarda.com/blogs/crypto-today-1st-may-2024\",\n \"thumbnail\": \"crypto-today-1st-may-2024.webp\",\n \"token_symbols\": []\n }\n ]\n }\n}" } }, "schema": { "type": "object", "properties": { "success": { "type": "boolean", "example": true, "default": true }, "data": { "type": "object", "properties": { "total": { "type": "integer", "example": 352, "default": 0 }, "result": { "type": "array", "items": { "type": "object", "properties": { "published_at": { "type": "string", "example": "2024-05-01T08:52:14.798Z" }, "title": { "type": "string", "example": "Crypto Today (1st May 2024): Pike Finance Faces A Second Attack" }, "categories": { "type": "array", "items": { "type": "string", "example": "Klarda News" } }, "content": { "type": "string", "example": "In the context of the cryptocurrency market's continuous growth and evolution, updating information quickly and accurately becomes incredibly important. Here are 8 notable events of the day regarding the ongoing trends.
The BlackRock USD Institutional Digital Liquidity (BUIDL) fund has now become the world's largest tokenized securities fund by assets under management just 6 weeks after its launch.
Statistics of assets under management for funds. Source: rwa.xyz
As of April 30th, the BUIDL fund reached a milestone of $375 million in assets under management, surpassing its direct competitor, Franklin Templeton's FOBXX fund, by approximately $8 million.
Additionally, BlackRock also owns the Bitcoin ETF fund IBIT, which attracted $10 billion in early March and $766 million as of April 29th.
The DeFi community discovered on the morning of May 1st that there were some suspicious transactions related to liquidity pools on Ethereum, Arbitrum, and Optimism associated with Pike Finance.
The amounts transferred were 479 ETH, 99,970 ARB, and 64,126 OP, totaling approximately $1.7 million. Vulnerabilities in Pike Finance's contracts were exploited by hackers to update and change permissions for the withdrawal address.
In the early hours of April 27th, the cross-chain lending project Pike Finance was also attacked, resulting in an estimated damage of 300,000 USDC.
MilkyWay, the liquid staking protocol on the modular blockchain Celestia (TIA), has successfully raised $5 million in a seed funding round led by Binance Labs and Polychain Capital.
The co-founder and CEO of MilkyWay stated that the project began fundraising for this round in December 2023 and concluded about a month ago. The fundraising round was structured as SAFE for the two leading investment funds, and SAFT for other investors.
The trial for former Binance CEO Changpeng Zhao took place on April 30th. The outcome was a 4-month prison sentence for CZ for obstruction of anti-money laundering efforts.
Before this, Zhao had also paid a $50 million fine to U.S. authorities and agreed not to hold a management position at Binance for 3 years, although he retains majority ownership rights in Binance.
After being sentenced, CZ expressed gratitude to all those who have followed and supported him throughout his journey, affirming that he will accept the punishment imposed by the U.S. court.
FTX has sold 1.8 million locked Solana (SOL) tokens, valued at approximately $225 million at the time of writing (with SOL trading at around $125). This was done through an auction held in recent weeks.
The bidding range for the locked SOL batch fluctuated between $85 - $110 per SOL. However, FTX only accepted bids above $95 per token, with a lock-up period of 4 years. The $95 mark per Solana token corresponds to a 24% discount compared to the current price of $125 per SOL.
OP_CAT, also known as BIP-420, has been launched on Bitcoin's official test network called 'SIGNET.' This will allow developers to build advanced OP_CAT applications using CatVM and conduct real-time testing on the official test network. Bitcoin's 'SIGNET' is similar to Ethereum's 'SEPOLIA' network.
The US Department of Justice has issued an indictment against Roger Ver, who was once highly prominent in the cryptocurrency investment community from 2013 to 2018. Roger Ver faces three charges related to fraud and tax evasion and has been arrested in Spain.
The indictment alleges that Roger Ver concealed Bitcoin investments in 2017, resulting in the US Internal Revenue Service (IRS) losing $48 million in taxes. Despite Ver renouncing his US citizenship, US authorities argue that he still has tax obligations.
Ver is also accused of forging documents and falsifying the value of 73,000 BTC assets of two companies.
The Web3 startup Matera has successfully raised $3.6 million in funding. The capital will be used to build a platform aimed at addressing common revenue challenges in the creative economy.
The funding round saw participation from several prominent companies including Sidedoor Ventures, HighCass Crypto, Medusa Ventures, The Sandbox, and Saxon Partners.
Matera's vision is an important step towards addressing the financial barriers that creators face in the digital economy.
Uniswap currently accounts for about 37% of the total trading volume on Layer 2. This marks a significant increase compared to the trading volume observed two years ago. Uniswap's Layer 2 volume has increased by over 650% in the past 24 months, rising from around $4 billion in 2022 to over $30 billion this year.
Hopefully, the information in this article has helped you better understand the current cryptocurrency market and the trends that are unfolding. Stay tuned for the latest updates.
*Disclaimer: The information provided in this article is for informational purposes only and should not be considered financial or investment advice. Always conduct your research and consult with professionals before making investment decisions.
🌐 Klarda Official Media Channels
➤ Klarda App: https://dashboard.klarda.com/
➤ Klarda Homepage: https://klarda.com/
➤ Linkedin: https://www.linkedin.com/company/klarda-digital/
➤ Twitter: https://twitter.com/KlardaOfficial
" }, "creator": { "type": "string", "example": "Klarda" }, "description": { "type": "string", "example": "The fastest updates on the cryptocurrency market with the latest fluctuations. News, trends, and notable events in the crypto world and blockchain today." }, "klarda_categories": { "type": "array", "items": { "type": "string", "example": "Klarda News" } }, "link": { "type": "string", "example": "https://klarda.com/blogs/crypto-today-1st-may-2024" }, "thumbnail": { "type": "string", "example": "crypto-today-1st-may-2024.webp" }, "token_symbols": { "type": "array" } } } } } } } } } } }, "400": { "description": "400", "content": { "application/json": { "examples": { "Result": { "value": "{\n \"statusCode\": 400,\n \"message\": \"Wrong api_key, please check!\",\n \"error\": \"Bad Request\"\n}" } }, "schema": { "type": "object", "properties": { "statusCode": { "type": "integer", "example": 400, "default": 0 }, "message": { "type": "string", "example": "Wrong api_key, please check!" }, "error": { "type": "string", "example": "Bad Request" } } } } } }, "401": { "description": "401", "content": { "application/json": { "examples": { "Result": { "value": "{\n \"statusCode\": 401,\n \"message\": \"Unauthorized\"\n}" } }, "schema": { "type": "object", "properties": { "statusCode": { "type": "integer", "example": 401, "default": 0 }, "message": { "type": "string", "example": "Unauthorized" } } } } } }, "500": { "description": "500", "content": { "application/json": { "examples": { "Result": { "value": "{\n \"statusCode\": 500,\n \"message\": \"Internal server error\"\n}" } }, "schema": { "type": "object", "properties": { "statusCode": { "type": "integer", "example": 500, "default": 0 }, "message": { "type": "string", "example": "Internal server error" } } } } } } }, "deprecated": false } } }, "x-readme": { "headers": [], "explorer-enabled": true, "proxy-enabled": true }, "x-readme-fauxas": true } ```![\"\"](\"https://lh7-us.googleusercontent.com/lwPchkyN1w9lfk9YJRBSDblwdjI1oiOC9t81J5YwtAETL4I7B7et77TYuqmc5nhEREQHdqKtFox8AaEXoQsc_dkpKUBODPVuhvyTMksHKAwNy5X7SKzhyX9TAVyKBu-jm9azK-FGidljfEjsk7cW-Lo\")