Crypto Canary: Your Daily Crypto Rundown 🚀

February 04, 2025

🟢 Alpha Offerings

  • Soneium Mainnet Task – OG Badge

    • Potential: $500–$800

    • Tasks: Complete 45 transactions on Soneium from Jan 14 to Feb 27, 2025.

    • Rewards: Your soulbound badge will be automatically airdropped on Feb 28, 2025.

    • Get in HERE.

  • Abstract Mainnet Task

    • Potential: $500–$1000

    • Tasks: Connect wallet, complete tutorial playground, and claim your badge on the Abstract Reward dashboard.

    • Join HERE.

⚖️ Hall of Fame / Hall of Shame

  • Hall of Shame: Canadian charged with theft of $65M worth of crypto from KyberSwap, Indexed Finance remains at large 💀. Read more HERE.

  • Hall of Shame: Argentina Police arrest five in a raid on a crypto-paying ‘Illegal Iris Scanning Gang’. Read more HERE.

📊 What Moved in the Crypto World Today

  • Russia to launch a nationwide registry for crypto mining equipment. Read more HERE.

  • South Korean city to launch its own crypto-seizing system for tax evaders. Read more HERE.

  • Kraken wins EU license to expand derivative services. Read more HERE.

🔧 Project Updates

  • Ethereum raises gas limit for the first time since switching to proof-of-stake. Read more HERE.

  • Ondo Finance launches Ondo Nexus to expand tokenized treasury. Read more HERE.

  • DWF Labs launches customized crypto options service. Read more HERE.

💼 Funding Announcements

  • Cedar Money, a stablecoin-powered cross-border payments platform, raised $9.90M in a Seed funding round led by QED Investors. Read more HERE.

  • VitalVEDA, an AI-powered Web3 fitness platform, raised $20M from Rollman Management Digital. Read more HERE.

  • Cipher Mining, an industrial Bitcoin mining and HPC company, raised $50M from SoftBank Fund. Read more HERE.

🐋 Whale Movements

  • BlockTower Capital deposited $16.78M worth of 4 DeFi tokens to Binance via middle wallet 0x790.
    Txn details HERE.

  • New whale 0x754 withdrew 461,875 UNI ($4.57M) from Binance at $9.88.
    Txn details HERE.

🔓 Token Unlocks

  • Sleepless AI (AI): $5.48M.

  • Zeus Network (ZEUS): $4.13M.

🎙️ Coinversation Street

  • @defi0xjeff shares a thread about the emergence of data layers.
    Read more HERE.

  • @0xmars_ posts a thread about the evolution of token launchpads.
    Read more HERE.

📅 Upcoming Events

  • Mallorca Blockchain Days 2025: Jul 10–13, 2025, Mallorca, Spain.
    Buy tickets HERE.

  • The Science of Blockchain Conference 2025: Aug 04–06, 2025, Stanford, US.
    Buy tickets HERE.