Crypto Canary: Your Daily Crypto Rundown 🚀

December 11, 2024

🟢 Alpha Offerings

  • Reveel: Mint the universal stablecoin identity for a chance to earn $300-$500. Mint here

  • OpenLedger Testnet Hustle: Experience the platform and earn testnet points worth $400-$700. Submit the form here

⚖️ Hall of Fame / Hall of Shame

  • Hall of Shame: CFTC accuses a pastor of exploiting church members in a $6M crypto fraud 💀. Read more here

  • Hall of Shame: Scammers exploit Telegram bots to inject malware and steal crypto, warns Scam Sniffer 🛡️. Read more here

📊 What Moved in the Crypto World Today

  • Binance partners with Circle to drive global USDC adoption. Read more here

  • Coincheck becomes the second Japanese crypto exchange to go public on Nasdaq. Read more here

  • Microsoft shareholders vote down a Bitcoin proposal as treasury holdings. Read more here

🔧 Project Updates

  • Aptos expands its presence in the Middle East with a regional office in Abu Dhabi. Read more here

  • BounceBit partners with Ondo Finance to bring tokenized real-world assets to DeFi. Read more here

  • DeFi protocol Synthetix acquires leveraged token platform TLX. Read more here

💼 Funding Announcements

  • Hyperbolic: Web3 AI firm raised $12M in a Series A round led by Variant Fund and Polychain Capital. Read more here

  • Klickl: Web3 open finance platform raised $25M in a Series A funding round led by Web3Port Labs and Aptos Labs. Read more here

  • Relai: Bitcoin-only investment platform raised $12M in a Series A funding round led by Ego Death Capital. Read more here

🐋 Whale Movements

  • Two wallets (likely one entity), 0xe6a and 0xbd5, spent 10.12M USDT to buy 2,736 ETH at an average price of $3,699 🐳. More details here

  • Trader 0x7cd spent 1.91M USDC to buy back 82.055B PEPE at $0.00002328. Txn details here

🔓 Token Unlocks

  • Goldfinch (GFI): $2.56M

  • Gods Unchained (GODS): $1.70M

🎙️ Coinversation Street

  • @KoreanDegen explains the story behind XRP’s breakout 🔥. Check it out here

  • @100y_eth breaks down the MicroStrategy-Bitcoin situation 🧐. Check it out here

📅 Upcoming Events

  • Bitcoin 2025 Las Vegas: May 27-29, 2025, Las Vegas, US. Buy tickets here

  • BTC Prague 2025: Jun 19-21, 2025, Prague, Czech Republic. Buy tickets here