Solana Rejects SIMD-0228 Proposal

️ On today's Top Picks:

Crypto News

• ⭐️ Solana $SOL SIMD-0228 Proposal fails to pass; aimed to reduce SOL issuance rate; majority of smaller validators voted against while majority of larger validators voted in favor.

• ⭐️ Binance Founder Changpeng Zhao denies reports of Binance US deal with US President Trump's family or World Liberty Financial $WLFI; calls Bloomberg article a "baseless hit piece".

• Ethereum $ETH developers to launch 'Hoodi' testnet on March 17th; to test final Pectra upgrade deployment as recent activations on Holesky & Sepolia testnets had issues.

• Avara Founder Stani Kulechov introduces Project Horizon, a new Aave $AAVE Labs initiative focused on building institutional DeFi products.

• MoonPay acquires Iron in a "9-figure" deal; Iron is an API-first stablecoin infrastructure platform.

Alpha

• Swing Airdrop Strategy by Earndrop.

• ⭐️ Rainbow to launch Rainbow Rewards Phase 2 next week; TGE & airdrop potentially launching soon.

• 0G Labs unveils 0G tokenomics; 9.69% of total supply allocated for Community Rewards; social campaign participants, node operators, One Gravity NFT holders, Discord members, & more to be eligible.

• Gyroscope introduces $GYFI token; TGE & airdrop launching next week.

• DeBank launches Orbiter $OBT Airdrop Hunter Web3 Badge; users who received the OBT airdrop can mint.

Airdrops

• Weekly Airdrop Recap by Earndrop.

• ⭐️ Babylon extends $BABY airdrop registration to March 19th; phase 1 stakers, phase 1 finality providers, & contributors to various Github repositories are eligible.

• Henlo launches $HENLO phase 2 airdrop claim; users who held their phase 1 airdrop are eligible.

• Pell Network launches $PELL airdrop claim; Pell Points holders & testnet users are eligible.

• Definitive launches EDGE airdrop eligibility checker; Jumper, 0x (Matcha), ODOS, Hyperliquid, Photon, BullX, Banana Gun, & Drift users are eligible.

• Shardeum launches $SHM airdrop registration; early contributors & testnet users are eligible; registration closes on April 13th.

Finance News

• ⭐️ ~$1.3 Trillion added to the US Stock Market today.

• Ark Invest $ARKK buys ~$5.2M of Coinbase $COIN shares; also buys ~$5.18M of Robinhood $HOOD shares.

• ICYMI US Inflation falls to 2.8%, lower than expected 2.9%; US Federal Reserve to potentially cut interest rates soon.

Security and Exploits

• Coinbase warns of phishing attack that tricks victims into using a pre-generated recovery phrase; the phishing emails pose as a mandatory wallet migration.

• GSM Association to support end-to-end encryption for RCS messages between Android & iOS; updated RCS specifications developed through collaboration between mobile operators, device manufacturers, and technology providers.

• Lockbit ransomware developer Rostislav Panev extradited from Israel to the US; third person arrested for their role in Lockbit.

Token Unlocks

• Sei $SEI / ~$11M / MAR 15th
• Arbitrum $ARB / ~$33M / MAR 16th
• Melania $MELANIA / ~$18M / MAR 18th
Sourced from Tokenomist

Funding

• RedotPay raises $40M in Series A funding led by Lightspeed.

• PoPP raises $6M in funding from several investors.

• Aura raises $5.5M in Seed funding led by Selini Capital, Manifold, & Daxos Capital.

• Templar Protocol raises $4M in Pre-Seed funding from several investors.

• MemeCore raises an undisclosed amount in funding from several investors.

• Odin Fun raises an undisclosed amount in Strategic funding from Taproot Wizards.

• Shaga raises an undisclosed amount in Strategic funding from ATMTA.

The Degen Farmer