Adoption
Tokenization
RNDR surges 50% in two days after community approved Solana expansion
The Render community approved the RNP-002 on April 26 — which determined the implementation of the BME model on the Solana blockchain.
DeFi
Teahouse Finance raises $5M to combat concentrated liquidity
Teahouse Finance will spare the funding to develop more strategy vaults that allow DeFi users to invest and profit more easily.
Analysis
Ethereum’s Shanghai and Capella updates drive $17M inflows: CoinShares
Despite the inflows to the ETH-based products, the overall crypto-based investments market recorded a $30 million loss last week.
Trading
CTSI surges over 65% in a week as rollup update approaches
The Cartesi team published the 2023 Ecosystem Update on April 11, stating that the Cartesi Rollups will be deployed on the mainnet soon.
Tokenization
ARB down over 12% – reversing recent price surge as altcoins bleed
Arbitrum price fell by over 12% in the last 24 hours as Bitcoin broke below the $30,000 mark — dragging other altcoins with it.
Tokenization
Radix surges over 120% in a week after Babylon upgrade announcement
The Radix team announced the Babylon Update on April 17, saying it will be deployed on July 31, 2023 to further increase developer adoption.
Tokenization
23 whales hold over $1M in Arbitrum
Three whales sold their ARB tokens, while nine bought a total of $21 million worth of ARB during the week of April 10 - 17.
Tokenization
Bitrue hack leads over 7% QNT dump in 4 hours
The Bitrue team suspended all withdrawals until April 18 to conduct security checks and address the problem properly.
Tokenization
TRX falls 5% in 24 hours following Binance.US delisting announcement
Binance.US announced delisting Spell and TRON seven hours ago due to a number of factors — including fraudulent conduct.
Analysis
Crypto investment products market reaches YTD net inflow
Crypto investment products recorded a $57 million inflow last week, which brought the market to a net inflow position year-to-date.
Exchanges
Bitget invests $100M to fuel Asia’s web3 ecosystem
The fund will primarily be used for investing in Web3 venture capital companies and projects that offer unique value.
Mining
Russia becomes 2nd most powerful BTC miner in the world
By generating 1 gigawatt mining power during the first quarter of 2023, Russia claimed Kazakhstan's place as the second largest mining power.