Cryptonews Blockchain News What’s Happening in Crypto Today? Daily Crypto News Digest
Get your daily, bite-sized digest of blockchain and crypto news today – investigating the stories flying under the radar of today’s news.
Crypto market is red today
The market continues the read streak.
The global cryptocurrency market capitalization is down 4.4% over the past 24 hours, currently standing at $2.74 trillion.
At the time of writing, the daily crypto trading volume is $153 billion – back to the levels we’re used to seeing prior to this latest market drop.
Only two of the top 100 coins per market cap are green today. DeXe (DEXE) appreciated 3.6% to $14.92, while Story (IP) is up just 0.2%, meaning the price is unchanged, standing at $4.23.
On the other hand, five coins recorded double-digit decreases. The highest among these are Hyperliquid (HYPE)’s 16%, Ethena (ENA)’s 13.7%, and Official Trump (TRUMP)’s 13%.
As for the top 10 coins, all are red today. The highest decrease is 8.3% recorded by Solana (SOL), which is currently trading at $114.9. Dogecoin (DOGE) is next with a 6.6% fall to $0.1598.
At the same time, Bitcoin (BTC) fell 2.7%, currently trading at $82,530, while Ethereum (ETH) decreased by 3.9%, now changing hands at $1,792.
Morpho Reveals Morpho Prime for Curators and Advanced Users
Decentralized lending protocol Morpho has announced Morpho Prime, its new product vertical for curators and advanced users.
According to the press release shared with Cryptoalt , Morpho Prime provides ecosystem participants with tooling to build sustainable businesses. In the future, it will evolve into a comprehensive suite of financial products and will also cater to advanced users by providing granular control over their lending and borrowing experience.
It has introduced the first two products: the Curator App and Rewards App. The Curator App is built for curators’ specific needs. The app delivers a comprehensive and intuitive interface for managing Morpho Vaults across multiple chains, the team says.
It comes with a no-code solution for essential functions such as vault creation, market listing, cap setting, rebalancing, role management, and queue management.
At the same time, the Rewards App enables distributors to create and manage custom reward programs without any code or smart contracts. Also, recipients get streamlined discovery and tracking features that organize the “numerous concurrent reward opportunities.”
The team added that Prime product suite “represents Morpho’s ambition to become the definitive lending infrastructure not just for DeFi, but for the entire financial system.”
EY Upgrades Zero-Knowledge Roll-Up Nightfall
Big Four accounting firm EY says it has updated the public domain source code for Nightfall, a layer-2 roll-up that enables private transactions on Ethereum and the development of privacy-focused enterprise blockchain solutions.
Nightfall enables enterprises to orchestrate private transactions efficiently on the Ethereum mainnet, the team says. Therefore, they are not compromising the transparency, data immutability, and security provided by this blockchain.
Per the press release shared with Cryptonews, the updated Nightfall version replaces the optimistic roll-up with a zero-knowledge roll-up. This enables the near-instant finality of transactions, without a challenge period.
Replacing cryptoeconomic approach with a cryptographic approach “simplifies Nightfall’s architecture because there is no need to accommodate challenging incorrect blocks, nor to provide liquidity services to avoid users having to wait out the challenge period to get their tokens,” says the press release.
As soon as a Nightfall block is added to the chain, it states, the transactions it contains are as final as any other blockchain transaction.
This approach simplifies the operating requirements for Nightfall. It also makes privacy technology more accessible for enterprise users.
Meanwhile, Nightfall’s other features, such as access provision through x509 enterprise identity certificates and the enhanced scalability with privacy, have all been retained, the team notes.
Sui Backs NODO’s Agentic DeFAI Infrastructure
NODO, an agentic AI-powered return-generating ecosystem, has been accepted into season two of the Sui Hydropower Cohort, created for the builders on the Sui Network.
According to the 3 April press release, Cohort members receive technical, advisory, and marketing support from the Sui Foundation to help them accelerate project growth and product development.
Sui ecosystem founders will closely monitor NODO during the development of its agentic AI infrastructure. The team will have the opportunity to present and obtain feedback from major VCs during the end-of-season Demo Day.
Furthermore, the members will receive networking and partnership growth support. NODO plans to leverage this opportunity to integrate with major DeFi and AI projects building on Sui. “In particular, the agentic AI infrastructure is looking to integrate with the leading Sui AMM Cetus, as well as other Sui-based DeFi protocols and DEXes, to enhance the capabilities of its AI agents,” the team says.
NODO says it works to solve systemic problems in DeFi through market-making and yield optimizer AI agents, replacing manual processes with automation. It argues that this provides digital asset investors with robust liquidity management, real-time risk assessment, and autonomous yield optimization.
The project has received support from EMURGO Africa, Adaverse, and Sui Hydropower, and has entered into partnerships with major players, including Tether and OKX Wallet.