OKX Execs On The Way Out

GM anon☕

In today's Alpha Bytes, we cover significant developments including leadership turnover at OKX, the impending Bitcoin halving, and the rise of DePIN as the latest venture capital sensation.

Let’s dive in👇

BTC $62,391 (-1.00%), ETH $3031 (-1.48%), SOL $131.86 (-0.4%)

Crypto News 🗞️📰

• Bitcoin halving is likely to occur on April 19

• Bitwise says crypto markets underestimate long-term impact of Bitcoin halving

• Crypto markets brace for Bitcoin halving

• Meet the latest Venture Capitalist obsession, DePIN 

• US Senators Lummis, and Gillibrand, take on stablecoin legislation with a new bill

• Spiderman actor Tom Holland’s X account compromised 

• Crypto liquidations can spark discount trading: QCP 

• Crypto firm reveals they sold everything 

• The funding rate turns negative as Bitcoin dips 

• Crypto-like communication devices could break government surveillance 

• Cryptocurrency exchange VALR obtains South African license 

• ETH, altcoins remain under pressure 

• TON-based economy taking shape on Telegram

• Crypto miners prepare for Bitcoin halving 

• Chinese Traders Prospering Despite Crypto Ban 

• Norway regulators clamp down on crypto mining via new law 

• Bitcoin Wizards dominate crypto and NFT scenes 

• USDP briefly spikes to $1.28, costs AAVE trader $529k

• UK aiming to become global hub for crypto

• Dubai floods disrupt Blockchain Life and Token 2049. 

• ZachXBT discloses identity of PrismaFi hacker 

• EY launches Ethereum-based blockchain solution to help streamline business contracts 

• Can Hong Kong’s spot Bitcoin ETFs boost BTC?

• Goldman Sachs cautions against extrapolating previous Bitcoin halving cycles

• A look at Sam Bankman-Fried’s appeal process 

• Is The Bitcoin rally over? 

• Analysts make Solana prediction

• Solana DEX to airdrop 100 million tokens 

• Ore creator proposes rewards to tackle Solana congestion

• Ether options show bias for weakness 

• Vitalik Buterin weighs in on default transaction privacy on Ethereum 

• Ethereum stuck near $3k

• Stablecoin legislation receives boost from unlikely ally 

• Is this the end of meme coins 

• Solana meme coin KittenWifHat in top crypto gainers 

• Dormant ETH whale becomes active after years 

• Top OKX executives abruptly leave exchange 

• OKX announces launch of X Layer

Fundraise 💶

• Mezo launches with $21 million Series A fundraise 

Project Updates 🔥👷🏼‍♂️

• Mining manufacturer Auradine surpasses funding goals with $80 million

• Hong Kong approves multiple Bitcoin and Ethereum spot ETFs 

• Germany’s largest federal bank to offer BTC and crypto custody 

• PayPal removes buyer and seller protections for NFTs 

• Apple zero-click iMessage exploit used to infect iPhones with spyware 

• Grand Base exploit update 

• Ethena Labs issues update on recent worries regarding funding 

• SAFE proposal approved 

• StepN announces partnership with Adidas 

• Binance announces zkSync airdrop 

• Introducing Infera Network 

• Parcl reveals token allocation 

• HyperLiquidX distributes closed alpha points 

• Solana v1.17.31 release upgraded 

• OMNI tokenomics 

• Ore pauses mining 

• Aevo ramps up incentive program 

• Drift Foundation launches $DRIFT token

• TON Foundation launches Memelandia 

• Starknet building new AI project 

• Ionet tokenomics revealed 

• Dfinity ICP integrates threshold-Schnorr signatures 

Interesting Threads 🧵

• Thread on whales market manipulation 

• WassieLawyer thread on 3AC 

• Thread on LBPs 

• Thread on RUNE 

• Thread on YT Optimizations 

Launches 🚀

• Fjord Foundry LBP 

• Parcl TGE

• XLayer mainnet

• GodZeppelin 

• SharkyFi TGE

• EigenLayer Caps unpause

That’s it for today! We’ll keep checking in with you! 🐺