Crypto Canary: Your Daily Crypto Rundown 🚀

February 27, 2025

🟢 Alpha Offerings

  • Monadverse Chapter 2

    • Potential: $600–$1000

    • Mint this NFT (Cost: 0.5 MON)

    • Get in HERE

    • Need Faucet? Get it HERE

  • Embr Labs

    • Potential: $500–$800

    • Like this Tweet, Follow their Twitter, Join their Discord

    • Join HERE

⚖️ Hall of Fame / Hall of Shame

  • Hall of Shame: Russian cybercrime group uses fake job interviews and ‘GrassCall’ app to drain crypto wallets 💀. Read more HERE

  • Hall of Shame: Gotbit founder extradited to US on market manipulation and fraud charges. Read more HERE

📊 What Moved in the Crypto World Today

  • Metaplanet issues $13.6M in ordinary bonds to buy more Bitcoin 🔥
    Read more HERE

  • Singapore’s department store Metro to support stablecoin payments
    Read more HERE

  • Crypto wallet Phantom acquires token data platform SimpleHash
    Read more HERE

🔧 Project Updates

  • Sky introduces Polaris to connect to Berachain as part of ‘agent framework’
    Read more HERE

  • QuickNode rolling out $65M accelerator program for Layer 2 projects in collaboration with Google, Coinbase Ventures, and Dragonfly
    Read more HERE

💼 Funding Announcements

  • Token distribution protocol Layer3 raised $4M in a funding round from Greenfield Capital
    Read more HERE

  • ON-based stable swap protocol Torch Finance raised $1.5M in a Pre-seed round led by TVM Ventures and Michael Egorov
    Read more HERE

  • Blockchain-based crowdlending platform EthicHub (ETHIX) raised $1M in a funding round from ByBit
    Read more HERE

🐋 Whale Movements

  • Whale 0xb4f deposited 2,250 MKR ($3.98M) to Binance at $1,763 🐳
    Txn details HERE

  • Fresh whale 0x2ba withdrew the first-ever 1M KAITO ($2.49M) from Binance at $2.49 and then staked all tokens
    Txn details HERE

🔓 Token Unlocks

  • Yield Guild Games (YGG): $2.67M

  • HOPR Token (HOPR): $4.04M

🎙️ Coinversation Street

  • Loopifyyy thread on why memecoins are never coming back
    Read more HERE

  • Grayscale shares their DePIN report
    Read more HERE

📅 Upcoming Events

  • Bitcoin Medellin Conference 2025 – Jan 17–18, 2025, Medellin, Colombia 🇨🇴
    Buy tickets HERE

  • Bitcoin Day Naples 2025 – Jan 18, 2025, Naples, US 🇺🇸
    Buy tickets HERE