Crypto Canary: Your Daily Crypto Rundown 🚀

October 16, 2024

🟢 Alpha Offerings

  • Yala: Earn $500-$2000 by connecting Metamask, staking YU, and completing daily tasks. Get in here

  • Humanity Protocol: Earn $500-$1500 by claiming daily rewards after pasting your address into the faucet 🤑. Get in here

⚖️ Hall of Fame / Hall of Shame

  • Hall of Shame: Ex-Philippine mayor implicated in $30M fraud and laundering scheme 💀. Read more here

  • Hall of Shame: Crypto victim loses $1.57M in phishing scam 🛡️. Read more here

📊 What Moved in the Crypto World Today

  • Paxos launches stablecoin payments platform with Stripe as its first customer. Read more here

  • Tesla moves $769M in Bitcoin to unknown wallets. Read more here

  • FalconX unveils service to convert digital assets to dollars for crypto miners. Read more here

🔧 Project Updates

  • Securitize enables USDC-to-USD conversion for BlackRock’s BUIDL fund. Read more here

  • Kraken introduces Ethereum restaking feature using EigenLayer protocol. Read more here

💼 Funding Announcements

  • Azra Games raises $42.70M in Series A led by Pantera Capital 🌱. Read more here

  • Towns secures $25.50M in Series A from a16z for on-chain messaging. Read more here

  • Blockstream raises $210M through convertible notes led by Fulgur Ventures. Read more here

🐋 Whale Movements

  • Wallet 0x211 (likely the Turbo team) deposits 810M TURBO ($9.91M) to Binance and OKX 🐳. More details here

  • Entity 0x76e, 0xc49, 0xfcc deposits 866M REEF ($2.07M) to HTX, KuCoin, and Gate.io at a loss. More details here

🔓 Token Unlocks

  • Arbitrum (ARB): $53.08M

  • LimeWire (LMWR): $5.54M

🎙️ Coinversation Street

  • @richwgalvin shares a thesis on SHFL 🔥. Check it out here

  • @ethereumintern_ discusses L2s, privacy, and the future 🧐. Check it out here

📅 Upcoming Events

  • Tokenize Global 2024: Oct 29-31, Las Vegas, US. Get tickets here

  • SmartCon 2024: Oct 30-31, Hong Kong. Get tickets here