Crypto Canary: Your Daily Crypto Rundown 🚀

January 24, 2025

🟢 Alpha Offerings

  • LayerEdge

    Potential: $500–$700.

    Tasks: Connect your wallet, use code m0SNBP2W, start node, keep the browser open, complete daily streaks, and submit proofs (details coming soon).

    Start HERE.

  • Liqfinity Testnet

    Potential: $1000–$1200.

    Tasks: Create an account with email, receive faucet, borrow BTC/ETH/LTC, provide USDT liquidity, and repay some loans.

    Join HERE.

⚖️ Hall of Fame / Hall of Shame

  • Hall of Fame: South Korea’s Goyang City seizes crypto worth over $228K from traffic offenders. Read more HERE.

  • Hall of Shame: Ex-Paxful CEO’s Bitcoin marketplace Noones exploited for nearly $8M. Read more HERE.

📊 What Moved in the Crypto World Today

  • SEC withdraws SAB 121 crypto accounting rule and issues new guidance. Read more HERE.

  • Binance Labs rebrands to YZi Labs with CZ at the helm. Read more HERE.

  • Circle launches Paymaster to enable USDC gas fee payments. Read more HERE.

🔧 Project Updates

  • THORChain incurs $200M debt, pauses network for restructuring votes. Read more HERE.

  • RedStone introduces CLARA, a communication layer for AI agents. Read more HERE.

  • Atari partners with DYLI for limited-edition physically redeemable NFT drop. Read more HERE.

💼 Funding Announcements

  • Keplr: Multichain blockchain wallet raised $5M in Seed funding led by 1confirmation. Read more HERE.

  • BugsCoin: Blockchain-based reward system raised $8.50M in a funding round from Gate Ventures. Read more HERE.

  • Radius: Trustless rollup sequencer for MEV raised $7M in Seed funding led by Pantera Capital. Read more HERE.

🐋 Whale Movements

  • Whale 0x373 spent 664.5 ETH ($2.38M) to buy 1.167M LDO at $2.036. More details HERE.

  • Five wallets (likely one entity) deposited 29.2M USDT to HTX and withdrew 9,018 ETH at $3,237.5. More details HERE.

🔓 Token Unlocks

  • Immutable (IMX): $30.14M.

  • Public Masterpiece Token (PMT): $2.61M.

🎙️ Coinversation Street

  • Binance shares research report for 2024 and themes for 2025. Read more HERE.

  • Wintermute shares their 2024 review and 2025 outlook. Read more HERE.

📅 Upcoming Events

  • Mining Disrupt Conference & Expo 2025: Mar 25–27, 2025, Fort Lauderdale, US. Buy tickets HERE.

  • BitBlockBoom 2025: Apr 03–06, 2025, Dallas, US. Buy tickets HERE.