GalaChain Launches Node NFTs, Cards Ahoy Launches with 2M Pre-orders, a16z's Andrew Chan Invests $35M

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MARKET REVIEW

_{* Cryptocurrency data as of 6:00 AM ET 2nd April}

CRYPTO GAMING HEADLINES

($GALA) GalaChain has introduced its first node workload NFTs. The Common Ground World Node licenses have been tokenized and issued to operators, enabling them to trade their licenses with one another for the first time.

Trading card game, Cards Ahoy!, has officially launched with over 2 million game pre-orders. To celebrate their release, they have announced a giveaway of 5000USDT worth of in-game assets.

Andrew Chan, a partner at the venture capital firm Andreessen Horowitz, has announced that he is investing $35 million through the a16z speedrun program. Each startup selected to join the program is eligible to receive $750k in funding.

($PDA) PlayDapp has released its post-mortem report regarding a hacking incident where their smart contract was compromised. They have announced that they will migrate to a new smart contract with improved security measures.

Call of Duty cheaters have allegedly lost their Bitcoin due to malware, allowing hackers to steal their information.  Activision Blizzard is coordinating with cheat providers to aid users impacted by the information-stealing campaign.

($NOT) NotCoin has revealed its tokenomics, with 100% of the tokens being distributed to miners. All coins are distributed as a very thin layer, with 0.0003% allocated to miners on average, to avoid any early whales.

Gunzilla Games, the creators behind the highly anticipated battle royale game Off The Grid, have raised $30 million in their funding round. The round was led by CoinFund and Avalanche's Blizzard Fund.

($NAKA) Nakamoto Games has introduced Mahjong into the NAKA ecosystem. Players will have the opportunity to play and earn in one of Asia's most frequently played and popular games.

OTHER CRYPTO HEADLINES

($ETH) Vitalik Buterin has revealed a significant advancement in Ethereum's evolution, known as the Purge. This initiative involves removing redundancies, reducing resource loads, and strengthening security protocols to enhance Ethereum's efficiency and resilience.

The Web 3 initiative, Xion, has secured an additional $25 million in funding, with investors including Animoca Brands, Laser Digital, and Multicoin, among others. To commemorate their successful fundraising round, they have opened registration to onboard their first beta testers.

($CFX) Conflux Coin has partnered with the Chinese government to develop an ultra-large scale blockchain infrastructure platform. This platform is part of the "Belt and Road" initiative, launched by President Xi Jinping in 2013, which aims to connect China with continents across the globe through a network of infrastructure projects.

As the halving approaches, Bitcoin miner IREN has witnessed a significant increase in its stock price. On Monday, the share price of IREN surged by 19%, reaching $6.42 per share at the time of writing.

The co-founder of Doodles announced a surprise airdrop for their new token, Poopcoin. The memecoin was airdropped to Doodles NFT holders, with $60 million in Poopcoin volume traded at the time of writing.

Hackers impersonating the media company, Decrypt, were able to send a phishing email to their email subscribers. The scam email claimed to offer access to a $DECRYPT token airdrop.

Ethereum Layer-2 network Base has exceeded $3 billion in locked assets, marking a more than 200% increase in the last month. Additionally, they continue to see their user base expand, with over 5 million daily users.

PROJECT SPOTLIGHT

DECENTRALAND $MANA

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_{Important Disclaimer: This content is for informational purposes only and should not be considered financial advice. Accuracy not guaranteed. Always do your own research before making any trades.}