Berachain Raises $100M

💼 Berachain's Major Funding Round

Series B Funding Success: Berachain has raised $100 million in a Series B funding round, exceeding initial expectations by 45%, with significant backers including Brevan Howard Digital and Framework Ventures.

Expansion Plans Outlined: The funds are earmarked for expansion into key regions like Hong Kong, Singapore, Southeast Asia, Latin America, and Africa, bolstering its community-centric blockchain approach.

Crypto Market Reinvigoration: This funding reflects renewed interest in crypto startups, with a substantial increase in venture capital investment noted in the first quarter, culminating in a record-setting March. Read More.

️ On today's Top Picks:

  1. ⚖️ Sam Bankman-Fried files to appeal conviction.
  2. 🪂 Omni Network introduces $OMNI token & airdrop.
  3. 🗡️ Scammers use Denial-of-Service to bypass security.
  4. 🔓 Starknet $STRK token unlock worth ~$117M.

Read time: ⏰ 6 minutes

Crypto News

Hong Kong to potentially approve Bitcoin $BTC & Ethereum $ETH ETFs next week.

US Senate Majority Leader reportedly met with key House negotiators to discuss stablecoin legislation.

• ⭐️ Sam Bankman-Fried files to appeal his conviction & sentencing.

Craig Wright drops appeal for 2022 loss of defamation case.

Pac Finance adjusts contract function causing ~$26M in liquidations.


EigenLayer to remove all LST caps and unpause deposits starting April 16th.

LayerN launches Public Testnet Phase 1 with interactive quests on Galxe.

Polymer Labs posts, "Phase 2 coming soon... Stay tuned 🤫" on X.

Squid posts, "Something sovereign, coming soon 🫴" on X.

Pooly lauches Defend Uniswap Labs NFT on Zora.


• ⭐️ Omni Network introduces $OMNI token and airdrop eligibility details.

Avail $AVAIL airdrop eligibility requirements allegedly leak on X.

Parallel Network posts points and airdrop details on X.

ICYMI Plena Airdrop Strategy by Earndrop.

Top Airdrop Odds in the next 80 days by Polymarket.

Finance News

Ark Invest sells an additional ~$20M of Coinbase $COIN shares.

Amazon $AMZN Web Services owes Kove $525M for violating its patent rights.

Biden administration to forgive $7.4B in student debt for ~277K borrowers.

UniCredit receives approval from European Central Bank for $3.3B share buyback.

Security and Exploits

• ⭐️ Scammers are using Denial-of-Service (DoS) attacks to bypass wallet security.

Nirvana Finance & Crema Finance hacker sentenced to 3 years in prison.

Apple Updates spyware alert system to warn victims of mercenary attacks.

Token Unlocks

• CyberConnect / 886.12K $CYBER / ~$12M / APR 14
⭐️ • Starknet / 64M $STRK / ~$117M / APR 14


• ⭐️ Berachain, an EVM-equivalent L1; raises $100M in Series B funding co-led by Brevan Howard Digital & Framework Ventures.

Azuro, an infrastrucutre & liquidity layer for predictions & games; raises $3.5M in Pre-Launch funding.

Mayan, a cross-chain auction protocol; raises $3M in Seed funding co-led by 6MV & Borderless Capital.

BounceBit, a Bitcoin restaking CeDeFi infrastructure; raises an undisclosed amount from Binance Labs.

Sharpe AI, an AI-powered Crypto Super App; raises an undisclosed amount in Seed funding.

Warpcast to give $50K to OSS projects that help the Farcaster ecosystem.

The Degen Farmer

Top stablecoin yield farms of the day, more than $3,000,000 in TVL. DYOR and step up your farming game!

Merkle Trade logoMerkle Trade (Aptos)ZUSDC250.21%
Aerodrome logoAerodrome (Base)USDCSTAR80.07%
Extra Finance logoExtra Finance (Base)WUSDRUSDBC69.04%
Cetus logoCetus (Sui)USDYUSDC52.71%
Morpho Blue logoMorpho Blue (Ethereum)USDEDAI49.39%
Blast Futures logoBlast Futures (Blast)USDB47.88%
Velodrome V2 logoVelodrome V2 (Optimism)USDCDOLA45.34%
Aura logoAura (Ethereum)GHOUSDCUSDT40.55%
. . .

Plena SuperApp Wallet: A road to TGE!

Plena is a "Superapp Wallet" that uses account abstraction (self-custodial), and their TGE is close.

You can do what you'd expect from a mobile wallet: import/create seeds, buy/sell, invest in strategies.

Plena is having an airdrop campaign before their TGE later this month 🪂. They partnered with Galxe to airdrop $PLENA to community members who complete their tasks.

How to?: Go into Galxe and follow the tasks. We are currently in week 5 of 8, so there's still time to get in!

👉 Get $PLENA by doing Galxe tasks

. . .

That’s it for today’s edition! See you soon.

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