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February 2024

STRK trading begins amidst massive airdrop event

Starknet distributes 728 million STRK tokens, with initial trading volatility.

Bored Ape creator Yuga Labs buys Moonbirds’ Proof

Yuga Labs is expected to feature the Moonbirds collection in its Otherside metaverse.

Worldcoin’s WLD token hits record high as users surpass 1 mln

Worldcoin’s record surge comes on the back of OpenAI’s new text-to-video tool, Sora.

Animoca brings 3 crypto wallets onto its Mocaverse network

Animoca Brands announces partnerships with OKX Wallet, Crypto.com DeFi Wallet, and Halo Wallet, elevating the user experience in the Mocaverse network.

Aptos joins the Web3 phone business after Solana’s success

New cryptophone by Aptos and Jambo priced at US$99 targets customers in Africa, Southeast Asia and Latin America.

US Treasury: crypto’s role in Hamas funding minor

“Terrorists” still prefer to use traditional finance products, according to U.S. Treasury’s Brian Nelson.

Web3 in Asia grows as Klaytn and Finschia announce merger

Both layer-1 chains are backed by major Asian internet companies.

Revolut to list Bonk alongside US$1.2 mln learning campaign: report

Bonk will join Ethereum-based memecoins such as Dogecoin and Shiba Inu on the platform.

STRK token launch targets 1.3 mln users, US$1 billion valuation

StarkNet’s upcoming token airdrop could become the largest in history.

Bitcoin returns to the US$1 trillion club

Bitcoin’s current market value is greater than the world’s eighth largest company.

DN404, a new hybrid NFT standard challenges ERC-404

The NFT landscape evolves with DN404, a fresh rival to the ERC-404 standard.

US inflation snaps Bitcoin’s winning streak

Bitcoin’s value dips following a hotter-than-expected U.S. CPI report but weekly momentum stays in green.

Binance founder’s court date pushed back to April 30

Zhao has pleaded guilty to money laundering charges in November.

Solana’s second smartphone hits 100,000 pre-orders

The blockchain company’s latest mobile venture for a US$450 pre-order price per phone brings in US$45 million for Solana.

ERC-404 frenzy drives Ethereum gas to eight-month peak

The rise of ERC-404 tokens brings a new dimension to the Ethereum blockchain, blending the characteristics of ERC-20 and ERC-721 tokens.

OSL and UBS pioneer first tokenized warrant transaction in Hong Kong

Fusing traditional banking and blockchain, OSL collaborates with UBS to execute Hong Kong’s first transaction of a tokenized warrant on the Ethereum.

Sara Stratoberdha named new CEO of CoinDesk

Bullish, the cryptocurrency exchange, announces Sara Stratoberdha as CoinDesk’s new leader, emphasizing the platform’s commitment to unbiased and independent journalism under new ownership.

First ERC-404 passes US$32,000

ERC-404 is a new Ethereum token standard for semi-fungible tokens.

Ethereum sets March 13 for Dencun upgrade

The Ethereum network is poised for a significant upgrade this March, with the Dencun update focusing on proto-danksharding.

Ethereum staking hits milestone: over 25% of supply now locked

Despite the Shapella upgrade allowing withdrawals, Ethereum’s proof-of-stake transition continues to attract validators, with over 30 million Ether staked.

Montenegro court overturns extradition of Terra founder Do Kwon

International tug of war over Kwon’s fate takes a new turn with Montenegro court’s reversal on extradition.

Jack Dorsey’s BlueSky now open for all

BlueSky, the decentralized social media platform by Jack Dorsey, opens its doors to the public.

SocialFi’s next big hit? Friendzone set to launch on Polygon

Friendzone is poised to challenge traditional social media models with its blockchain-powered SocialFi application on the Polygon network.

South Korean crypto criminals to face life sentence

Crypto criminals with more than US$3.76 billion in profits may face life in South Korea.

Unlicensed crypto exchanges face shutdown in Hong Kong

Only two exchanges are licensed to provide crypto trading services to Hong Kong’s retail sector so far.

Solana logs back in after a five-hour outage, SOL rebounds

Solana, a blockchain that has been plagued with outages in the past, had its first network interruption in almost a year.

Monero sinks as Binance announces delisting

Privacy coins face a setback as Binance removes Monero, impacting its market price.

Tether, Solana’s Yakovenko back Oobit with US$25 mln funding

Industry giants Tether and Yakovenko invest in Oobit’s $25M funding round.

Yuga Labs’ payout from Ripps and Cahen raised to nearly US$9 mln

Ryder Ripps and Jeremy Cahen must pay almost US$7 million in Yuga Labs’ attorneys’ fees, court documents show.

Genesis proposes US$1.6 bln asset sale amid bankruptcy

Genesis, in bankruptcy, seeks court approval to sell Bitcoin and Ether trust assets worth US$1.6 billion.

OPNX exchange to cease operations

OPNX, founded by Su Zhu, ceases operations due to FTX estate’s recovery claims.

US charges trio in FTX crypto exchange hack

The mystery of the FTX hack unfolds as the DOJ charges three unnamed suspects for the US$400 million theft in November 2022.

Bybit eyes Hong Kong license: crypto expansion plans

Crypto derivatives exchange Bybit seeks to enter Hong Kong’s market with a new license application.

Celsius Network’s US$3 bln repayment begins

Celsius Network starts repaying $3 billion to creditors, marking a step towards resolving its bankruptcy.

USDT issuer Tether pockets US$2.85 bln in profits in Q4 2023

Tether reports a record US$2.85 billion profit last quarter as its USDT soars towards US$100 billion market cap

US$112 mln XRP theft hits Ripple’s Larsen

Ripple’s Chris Larsen loses $112M in XRP to hackers in a recent security breach.

FTX expects to repay customers, no exchange relaunch

FTX plans to repay customers amid bankruptcy proceedings, rules out exchange relaunch.

BNB Chain highlights DeFi, gaming and AI in 2024 roadmap

The “One BNB Paradigm” aims to streamline BNB Chain’s ecosystem, focusing on DeFi, gaming, and AI.

January 2024

OpenSea open for acquisition amid NFT market shifts: report

Non-fungible tokens (NFT) marketplace OpenSea is reportedly considering acquisition proposals. According to DL News, OpenSea Chief Executive Officer Devin Finzer said the firm has not ruled out the possibility of selling the company, and indicated a willingness to engage with interested parties.  ”We think that if the right partnership comes along, then that’s something we […]

Transak streamlines crypto conversions with Visa Direct integration

Transak integrates with Visa Direct to simplify crypto-to-fiat transactions globally.

Solana-based GameStop meme coin gains traction after retailer pulls plug on crypto

A GME-themed meme coin, not affiliated with the video game retailer GameStop, is replicating the company’s meme stock frenzy on the Solana blockchain.

Floki Inu staking halted in Hong Kong after SFC warning

Floki Inu suspends its staking program in Hong Kong following regulatory warnings.

Solana’s Jupiter trading volume skyrockets ahead of JUP airdrop

Jupiter Exchange experiences a trading boom as the Solana community awaits the upcoming JUP airdrop.

Hong Kong sees first spot Bitcoin ETF application

Hong Kong could welcome its first spot Bitcoin ETF, courtesy of Harvest Global’s recent filing.

Classic Doom revived on Dogecoin network

Gamers can now play Doom directly on the Dogecoin blockchain, merging nostalgia with modern tech.

Algorand CEO’s social media account hit by hackers

Algorand community warned as CEO’s social media falls prey to hackers.

Swan Bitcoin debuts mining operations ahead of IPO

Swan Bitcoin steps into mining ahead of halving as it prepares for a stock market debut.

Investors lost 54.3% less crypto in 2023, Chainalysis says

The total value of stolen crypto decreased last year but the number of individual hacking incidents grew.

SEC postpones verdict on Grayscale’s spot Ether ETF

Ether ETF hopefuls on hold as SEC postpones decision.

JPMorgan downgrades Coinbase to underweight

Analysts at JPMorgan slash Coinbase rating to underweight, questioning ETF impact.

Mt. Gox confirms addresses for BTC repayment plan

Long-awaited Bitcoin repayments closer as Mt. Gox confirms creditor addresses.

Dogecoin soars to weekly peak amid X Payments buzz

Speculative X Payments chatter triggers Dogecoin’s sharp rise.

Terraform Labs Seeks U.S. bankruptcy shield

Do Kwon-founded Terraform Labs files for Chapter 11 bankruptcy in the U.S.

US, UK, Australia target Hamas-linked crypto networks

Allied nations impose sanctions on entities allegedly aiding Hamas’ crypto transactions.

SEC delays Fidelity’s Ethereum ETF decision

Fidelity’s bid for a spot Ethereum ETF hits a snag as SEC delays decision.

Polygon’s MATIC stirs as US$26 mln moved to exchanges

Celsius Network’s move of US$26 million in MATIC to exchanges raises eyebrows amid market volatility.

Bitcoin mining’s green mile: 54.5% sustainable energy use

Bitcoin mining now more eco-friendly than ever, reaching a 54.5% sustainable energy usage.

Bitcoin spot ETFs break US$10 bln trading barrier

Investors flock to Bitcoin spot ETFs, pushing trading volumes past the US$10 billion milestone.

Solana to launch second crypto smartphone

Solana Mobile hints at second smartphone following surprise success of Saga. 

HashKey joins unicorn club after US$100 mln raise

HashKey Group achieves unicorn status following a US$100 million funding round, reaching a US$1.2 billion valuation.

Petro cryptocurrency era ends in Venezuela

The controversial Petro cryptocurrency is now defunct as Venezuela pulls the plug.

USDT rises as money laundering tool in SEA, UN says

A UN report reveals USDT’s growing role in money laundering and underground banking in Southeast Asia

CoinShares acquires Valkyrie expands ETF offerings

With the acquisition of Valkyrie Funds, CoinShares aims to strengthen its position in the competitive ETF market.

Ethereum ETFs gain support from BlackRock’s CEO

Support from BlackRock CEO Larry Fink boosts prospects for Ethereum ETFs.

Ethereum outperforms Bitcoin despite ETF debut

Ether’s price rises sharply, contrasting with Bitcoin’s stagnant performance despite recent ETF launches.

Bitfinity valued at US$130 mln ahead of launch

With its recent US$7 million funding, Bitfinity wants to enhance Bitcoin’s utility in DeFi and NFTs.

Hedera, Algorand unite for wallet recovery

The DeRec Alliance, involving HBAR and Algorand Foundations, aims to solve digital asset recovery challenges with a new protocol.

Spot Bitcoin ETFs launch in U.S. markets

Grayscale and BlackRock’s ETFs lead a bullish debut for newly listed Bitcoin ETFs.

USDC issuer Circle attempts public listing again: report

With the filing for an IPO, Circle aims to capitalize on the growing interest in crypto assets, despite recent industry setbacks.

Musk’s social media X halts NFT hexagon avatars

Social media platform X, under Elon Musk, quietly removes NFT profile picture feature, aligning with broader tech industry trends.

Crypto milestone: SEC approves spot Bitcoin ETFs

SEC’s landmark decision approves 11 Bitcoin ETFs, heralding a new era for digital asset investments.

Ripple to be valued at US$11.3 bln following share repurchase

Ripple Labs’ tender offer aims to repurchase US$285 million shares, valuing the firm at US$11.3 billion and fortifying financial standing.