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Yuga Labs X Magic Eden Ethereum Marketplace Launched | Cryptocurrency Trends

Aaron, Bitget Research
2024/02/28
Yuga Labs X Magic Eden Ethereum Marketplace Launched | Cryptocurrency Trends

1. Mainstream Exchange Trends:

  • Bitget Wallet launches a new Fair Launchpool promotion for AI tokens.
  • Binance to add 4 spot trading pairs (including CKB and LDO) and trading bot services.
  • OKX Web3 wallet connects the Merlin Chain network.
  • OKX.TR opens trading services.
  • HTX Ventures becomes the exclusive sponsor of the ETHDenver 2024 Zen Zone.
  • Huobi HK resubmits application with the Hong Kong Securities and Futures Commission for a virtual asset trading platform.
  • Kraken launches Kraken Institutional for institutional traders.
  • Mainstream Exchange Listings (CEX: Token — Time of Listing in UTC)
Bitget: Sora (SORA) — listed; Ice Network (ICE) — February 28, 11:00 AM.

2. Cryptocurrency Trends:

  • The Ethereum mainnet is scheduled to undergo the Dencun upgrade on March 13, 9:55 PM.
  • Yuga Labs: Ethereum marketplace in partnership with Magic Eden to launch today.
  • Bitcoin spot ETFs traded a record total volume of approximately $2.4 billion and saw net inflows of approximately $516 million yesterday.
  • Transit Swap integrates Alchemy Pay and extends support for payment options such as Google Pay.
  • Circle enters into a partnership with Coincheck to expand USDC access in the Japanese market.
  • Vitalik Buterin recommends that Elon Musk use the Linux open-source operating system.
  • The total market capitalization of stablecoins exceeds $140 billion, a new high since December 2022.

3. Financing Trends:

  • Talus Network, an AI blockchain platform, raises $3 million in a funding round by Polychain Capital.
  • QED, a zero-knowledge native blockchain protocol, raises $3 million in a funding round led by Arrington Capital.
  • PlayMakers, a Web3 gaming UGC platform, raises $1.5 million in a funding round led by RockawayX.
  • Binance Labs invests in Bitcoin staking protocol Babylon.
  • Initia, a Blockchain platform, raises $7.5 million in a funding round led by Delphi Ventures and Hack VC.
  • DWF Labs to purchase $10 million in FLOKI.

4. Regulatory Trends:

  • Do Kwon may miss start of U.S. SEC fraud trial due to extradition delays.
  • U.S. Republican lawmakers introduce the "CBDC Anti-Surveillance State Act."
  • Spanish financial regulator issues investor warning for unlicensed entities, which includes 3 crypto firms.
Disclaimer: This content includes third-party opinions, and we do not guarantee its accuracy. Cryptocurrency prices are highly volatile, so please conduct your own research and make judgments accordingly.