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What I like about reading newsletters and alpha aggregators is that you get to catch up on things that you do not have a pulse on in your day-to-day. One can only cover so much on their own, so it’s always great to look outside of your info bubble — I hope this newsletter does the same for you!
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Let’s dive in.
Airdrop Alpha
1. For Hyperliquid points holders to qualify for $PURR on mainnet, they need to accept the updated Terms of Use by EOD UTC on April 13.
2. Backpack’s Volume Matters Phase II snapshot closed on 6 April 2024
If you want to have your volume count for the $TNSR drop:
Go to tensor.trade
Place a trade with Backpack Wallet
Connect your wallet to the questlog on http://backpack.exchange
3. Farm EigenLayer & EtherFi points on Timeswap
New Listings
BTC listed on Backpack Exchange
BTC points boost for Season 2 airdrop
Referral Link: https://backpack.exchange/refer/ian
$ENA perps with leverage of up to 10x have been listed on Bitmex
$PARCL pre-market perps with leverage of up to 2x have been listed on Aevo
$PARCL currently trading at $1.85 ($1.85b FDV)
DeFi
Ethena announces Season 2: Sats Campaign
Check your Ethena ($ENA) airdrop again, missing tokens have been distributed
Lunch minitia
Tensor Trade announces “treasure boxes” to drop on April 8. Boxes will contain $TNSR
Frax tokens to be natively issued on Noble — The Block
Bitget Wallet launched a memecoin
Check your Kamino Finance airdrop allocation
pStake to launch liquid staking on Solana
Coinbase adds Tensor ($TNSR) to the roadmap for imminent listing
L1, L2, & Infrastructure
Pancakeswap to deploy on Monad — monad_xyz
Crypto VC Paradigm in Talks to Raise Over $750 Million for Fund, Largest Crypto fund Since 2022
Ripple plans to launch a USD pegged stablecoin backed by the US dollar and other cash equivalents: Blockworks
Bitcoin ETF
Bitcoin ETFs experienced net outflows on Monday, with a significant outflow by GBTC for the week.
US Gov moving 30,174 BTC ($2.1B) to Coinbase Prime — h/t: thiccyth0t
Legal and Regulations
Singapore widens crypto regulation, introduces enhanced user protection requirements — The Block
Coinbase secures restricted dealer license in Canada — CNBC
Binance Exchange Link: Mandatory Identity Verification (KYC) Requirements
Reads & Tools
Degen communism: the only correct political ideology — vitalik
For Lunatics trying to figure out how to claim the airdrop with your Station Wallet (you can't export it to Keplr), here's how…
GCR’s Addresses Revealed? — ArkhamIntel
Disclaimer
The content provided in this newsletter is for informational purposes only and does not constitute financial advice. The author and the newsletter are not responsible for any decisions made based on the information provided herein. The opinions, analyses, and information included are based on the author's perspective and while believed to be accurate, should not be relied upon without conducting your own research and due diligence. The author may or may not be invested in any of the projects or tokens mentioned in the newsletter.
Additionally, the views and opinions expressed in this blog are those of the author alone and do not reflect the views, policies, or positions of any organizations the author is affiliated with or contributes to. It is always advisable to consult with a qualified professional before making any financial decisions. All investments involve risks, including the potential loss of principal.