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SlingShot DAO, a play-to-earn gaming ecosystem, has raised $16 million in funding, with participation from Dragonfly, among others.

16 hours ago

On March 17th, the Web3 community-driven gaming ecosystem SlingShot DAO announced the accomplishment of a $16 million financing round, with the participation of Dragonfly, Animoca Brands, DCG, Sfermion, and others. SlingShot DAO also disclosed "$SLING is loading...", suggesting the issuance of the SLING token. SlingShot DAO is a community-driven gaming ecosystem where members can collaborate through the SlingShot application to transform ideas into gaming experiences. It was previously reported by BlockBeats that on May 8, 2024, SlingShot DAO officially announced the completion of a $3 million new financing round, with the participation of Alphabit Fund.
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Matrixport: Stablecoin Inflows Continuously Supporting Bitcoin Demand Growth

On March 18th, Matrixport released a chart today, indicating that although the rapid growth trend of stablecoins in the fourth quarter of 2024 has somewhat decelerated, the overall growth momentum is still ongoing, suggesting that funds are continuously flowing into the crypto market. It is noteworthy that despite the impact of the European MiCA regulatory framework on USDT, the market has not witnessed a large-scale outflow of funds. With the stable increase in stablecoin inflows, the demand for Bitcoin may also rise, further driving up the price.

2 minutes ago

Gate.io HODLer Airdrop Launches for Siren (SIREN)

On March 18th, Gate.io will list Siren (SIREN) for spot trading. The trading will start from March 19th, 2025 at 18:00 (UTC+8). Additionally, from March 18th at 16:00 to March 19th at 16:00 (UTC+8), there will be a HODLer Airdrop. Those who hold 1GT will be eligible for a free airdrop. A total of 2,000,000 SIREN tokens will be distributed, and the individual participation limit is 5,000GT.

2 minutes ago

Leverage Whale Makes 50x Profit, Buys 3202 ETH and 1039 PAXG

On March 18th, according to Ashes Monitor, following the forced liquidation of a 50x leveraged profit-taking whale's short position, the funds were withdrawn from Hyperliquid. Subsequently, 3202 ETH on-chain were purchased with a value of $6.1 million and 1039 PAXG were bought with $3.1 million. The remaining $12.5 million USDC was deposited into Maker.

2 minutes ago

MEXC Lists Tutorial (TUT) Contract Trading

On March 18th, as per official channels, MEXC has initiated the Tutorial (TUT) U perpetual contract, which offers 1 to 50x leverage and both isolated and cross-margin modes. The TUT spot trading was initially launched on the MEXC Meme+ trading section at 21:30 (UTC+8) on March 17th. Since its launch, the price of TUT has witnessed a rapid increase. The highest price has broken through $0.03, and the market capitalization has exceeded 25 million. According to CMC data, MEXC's 24-hour TUT spot trading ranks first among centralized exchanges.

2 minutes ago

FTX Creditor Representative: Scammers Posing as FTX Have Sent Phishing Emails to Creditors Recently

On March 18th, according to FTX creditor representative Sunil, scammers have recently been impersonating FTX and sending phishing emails to creditors. Sunil reminded creditors as follows: 1) Do not click on any links within the email, as these links may direct you to a fake claims portal. 2) Verify the sender's email address. 3) Access the official claims portal or official website directly instead of using email links. 4) Verify information through X (formerly Twitter) and Telegram channels.

2 minutes ago

Leverage Whale with 50x Leverage has liquidated a short position of 6210.89 BTC, expecting a profit of $9.46 million

On March 18th, based on LookOnChain's monitoring, a whale with a 50x leverage for taking profits has liquidated a short position of 6210.89 BTC, anticipating a profit of 9.46 million USD.

2 minutes ago

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