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ICO Drops - ICO News & Alerts

OpenAI is close to finalizing a $40 billion funding round led by SoftBank Group Corp. — with investors including Magnetar Capital, Coatue Management, Founders Fund and Altimeter Capital Management in talks to participate, according to people familiar with the matter.

The deal is set to value the company at $300 billion.

https://www.bloomberg.com/news/articles/2025-03-26/openai-close-to-finalizing-its-40-billion-softbank-led-funding

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Musk, Altman, and others posted AI-generated Ghibli-style images on X. Shortly after, the Ghiblification memecoin was launched.

https://x.com/elonmusk/status/1905025427384807617

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ICO Drops - ICO News & Alerts

Wyoming Stable Token WYST Enters Critical Testing Phase

As the Commission intends to launch WYST on blockchains that are publicly visible, the Commission can now share smart contract addresses on Avalanche, Solana, Ethereum, Arbitrum, Optimism, Polygon, and Base testnets.

These preliminary and value-less test tokens have been deployed in collaboration with token issuance partner LayerZero.

Testing is expected to occur throughout the second quarter of 2025, with a potential launch in July 2025.

https://content.govdelivery.com/accounts/WYGOV/bulletins/3d8d97a

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ICO Drops - ICO News & Alerts

Bitget CEO: "Hyperliquid may be on track to become FTX 2.0.

The way it handled the JELLY incident was immature, unethical, and unprofessional, triggering user losses and casting serious doubts over its integrity. Despite presenting itself as an innovative decentralized exchange with a bold vision, Hyperliquid operates more like an offshore CEX with no KYC/AML, enabling illicit flows and bad actors.

The decision to close the JELLY market and force settlement of positions at a favorable price sets a dangerous precedent. Trust—not capital—is the foundation of any exchange (CEX and DEX alike), and once lost, it’s almost impossible to recover.

Moreover, the platform's product design reveals alarming flaws: mixed vaults that expose users to systemic risk, and unrestricted position sizes that open the door to manipulation. Unless these issues are addressed, more altcoins may be weaponized against Hyperliquid—putting it at risk of becoming the next catastrophic failure in crypto."

https://x.com/GracyBitget/status/1904941729834557453

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ICO Drops - ICO News & Alerts

Senate votes to repeal controversial IRS rule, Trump expected to sign

The rule required certain "decentralized finance industry participants" to operate like traditional securities brokers, mandating that they collect and report user trading data. It also would have obligated them to issue Form 1099 tax returns to customers, reporting non-employment income.

https://www.theblock.co/post/348358/senate-votes-to-repeal-controversial-irs-rule-trump-expected-to-sign

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Solana DEX Raydium's Pump.fun Alternative LaunchLab Is Going Live 'Within a Week'

https://decrypt.co/311650/raydium-pump-fun-competitor-launchlab

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ICO Drops - ICO News & Alerts

💧 Recent Investments by Crypto Founders

👉 https://dropstab.com/investors

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Brendan Blumer, CEO of Block․one, the company behind EOS, has bought a $172 million villa in Italy

https://www.unionesarda.it/news-sardegna/gallura/il-ragazzo-doro-delle-criptovalute-e-il-nuovo-proprietario-di-villa-romazzino-a-porto-cervo-q4wt7to4

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Elon Musk Confirms Grok Launch on Telegram

https://x.com/elonmusk/status/1904838704838905908

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ICO Drops - ICO News & Alerts

The WCT transfer capability will be launched in April

https://x.com/WalletConnect/status/1904823370765513193

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ICO Drops - ICO News & Alerts

Fidelity plans to launch its own stablecoin

https://x.com/cointelegraph/status/1904769248918200606

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ICO Drops - ICO News & Alerts

The SEC Crypto Task Force will host four more crypto roundtables.

These meetings will be held on April 11th, April 25th, May 12th and June 6th.

https://x.com/cointelegraph/status/1904699827923173558

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SEC Drops Investigation into Web3 Gaming Firm Immutable

https://www.coindesk.com/policy/2025/03/25/sec-drops-investigation-into-web3-gaming-firm-immutable

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The SEC agreed to drop its appeal without conditions. Ripple has now agreed to drop its cross-appeal. The SEC will keep $50M of the $125M fine, with the balance returned to Ripple.

https://x.com/s_alderoty/status/1904587116488917053

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US FDIC moves to put an end to 'reputational risk' following criticism from crypto industry

https://www.theblock.co/post/348014/us-fdic-moves-to-put-an-end-to-reputational-risk-following-criticism-from-crypto-industry

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Tether Holdings SA has agreed to acquire a 30% stake in Italian media company Be Water, investing about €10 million

https://www.bloomberg.com/news/articles/2025-03-26/tether-is-buying-a-30-stake-in-italian-media-company-be-water

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Bitcoin Ordinals project Taproot Wizards opens up it's Dutch Auction to SOL on March 27

starting price: 0.420 BTC (about 260 SOL)
price decreases 0.01 BTC (about 6.25 SOL) every 3 minutes

Yakovenko showed his support for the project by setting Taproot Wizards as his profile picture.

https://x.com/TaprootWizards/status/1904942494715879680

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ICO Drops - ICO News & Alerts

Ozean has partnered with Maple

SyrupUSDC is Maple’s yield-bearing stablecoin and will be integrated into Ozean’s Pre-Deposit Campaign and Port.

https://x.com/clearpoolfin/status/1904881028529086602

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ICO Drops - ICO News & Alerts

Hyperliquid suffered its second whale manipulation event in two weeks on Wednesday as a user shorted Solana memecoin JELLYJELLY on the decentralized exchange, forcing the protocol to assume hefty losses shortly after.

Wallet address "0xde96" opened a short position on JELLYJELLY while a whale dumped the memecoin on DEXs, which crashed the token's price and forced Hyperliquid's HLP vault to take over the initial short position. The newly created wallet "0x20e8" then longed the token. The strategy exacerbated HLP’s unrealized losses to about $12 million, according to Lookonchain data.

While Hyperliquid raced to contain the situation, some users on social media suggested centralized exchanges that compete with Hyperliquid should list JELLYJELLY futures contract to incentivize more trading and possibly cripple the rival exchange. There was speculation that if the memecoin's price hit a certain level, it could wipe out the HLP vault.

Within an hour or so, Binance and OKX listed perpetual futures trading for JELLYJELLY. However, at the same time, Hyperliquid halted JELLYJELLY trading and froze the contract. "After evidence of suspicious market activity, the validator set convened and voted to delist JELLY perps," the protocol announced.Hyperliquid's native token dropped as much as 22% during the incident.

https://www.theblock.co/post/348314/hyperliquid-delists-jellyjelly-memecoin-amid-whale-manipulation-fiasco

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Pavel Durov shared quotes about The Open Network (TON) from prominent investors

/channel/durov/406

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ICO Drops - ICO News & Alerts

The crypto market is neutral
BTC Dominance - 60.14%

Market Cap - $2.89T
BTC - $87,462.21 (+0.24%)
ETH - $2,028.04 (-1.18%)
XRP - $2.37 (-2.88%)
BNB - $625.96 (-0.49%)
SOL - $139.28 (-1.95%)
HYPE - $14.68 (-6.83%)
PARTI - $0.3 (+3.14%)
JELLYJELLY - $0.02 (+71.78%)

https://dropstab.com

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ICO Drops - ICO News & Alerts

Google Cloud is now a validator for the Injective network

https://x.com/injective/status/1904896583050653915

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ICO Drops - ICO News & Alerts

💧 Top Gainers Among Blockchains Last Month

👉 https://dropstab.com/categories/blockchain

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ICO Drops - ICO News & Alerts

Bybit will list CORN on Mar 28, 2025, 10:00 UTC

https://announcements.bybit.com/article/new-listing-corn-usdt-grab-a-share-of-the-1-700-000-corn-prize-pool-blta345c789b3a9401d/

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ICO Drops - ICO News & Alerts

Since March 25, at the request of the South Korean government, Google has implemented domestic access restrictions on 17 exchanges that are not registered in South Korea

Users cannot install new related applications or update them, including: KuCoin, MEXC, Phemex, XT, Biture, CoinW, CoinEX, ZoomEX, Poloniex, BTCC, DigiFinex, Pionex, Blofin, Apex Pro, CoinCatch, WEEX, and BitMart.

https://x.com/wublockchain/status/1904806925428289815

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ICO Drops - ICO News & Alerts

Rumble to Launch Rumble Wallet with Tether Support

Rumble is a YouTube competitor with 68 million monthly users.

https://x.com/paoloardoino/status/1904792902489845960

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ICO Drops - ICO News & Alerts

GameStop to Add Bitcoin as a Treasury Reserve Asset

https://watcher.guru/news/gamestop-gme-to-add-bitcoin-as-a-treasury-reserve-asset

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ICO Drops - ICO News & Alerts

The crypto market is neutral
BTC Dominance - 59.95%

Market Cap - $2.88T
BTC - $87,105.07 (+0.65%)
ETH - $2,046.47 (+0.02%)
XRP - $2.43 (+0.85%)
BNB - $627.99 (-1.81%)
SOL - $141.59 (+1.89%)
NIL - $0.6 (-16.89%)
MOVE - $0.5 (+25.8%)
PARTI - $0.3 (-78.48%)

https://dropstab.com

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ICO Drops - ICO News & Alerts

GMX and MIM related contracts have been hacked for ~3,260 ETH (worth ~$6.5M)

https://x.com/peckshield/status/1904499113187840454

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ICO Drops - ICO News & Alerts

💧Top DeFi Projects Raising Capital This Year

👉 https://dropstab.com/insights/latest-fundraising-rounds

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