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- CryptoCanary Chirps - Falling Bitcoins and Rising Scams!
CryptoCanary Chirps - Falling Bitcoins and Rising Scams!
From Andreessen Horowitz's Big Bet to Exclusive Airdrops - Canary at Your Service
Our Crypto Canary flutters in with the freshest updates molding the digital currency panorama. Andreessen Horowitz (a16z) unveiled a $30 million investment initiative for gaming startups, emphasizing AI, VR/AR, and Web3 games. Crypto.com launched services in South Korea, and Bitget partnered with OnRamp to streamline crypto purchases. Singapore's MAS expanded regulatory oversight to include crypto custody. Sophos uncovered the evolution of crypto scams, from "Pig Butchering" to DeFi Frauds.
Canary brings you free coins in Alpha Offerings! Discover how you could unlock potential riches with TEN Protocol’s Airdrop and Self Chain NFT Mint.
Alpha Offerings
Fluttering through the vast expanse of digital currencies, our daring canary uncovers unheard tales!
TEN Protocol Airdrop
TEN Protocol is offering potential $TEN airdrops before Q2 2024 Mainnet Alpha launch.
Potential: $300 - $2500
Visit HERE
Self Chain NFT Mint
Self Chain has launched their incentivized testnet recently, complete the tasks to qualify for potential airdrops!
Potential: $300 - $1500
Access HERE
Hall of Fame, Hall of Shame
Sophos Unveiled Evolution of Crypto Scams: From "Pig Butchering" to DeFi Frauds
Sophos, a cybersecurity firm, revealed the evolution of crypto scams, originally Chinese organized crime, now global with streamlined fraud kits. Dubbed "DeFi savings," these scams targeted crypto novices, bleeding victims' wallets dry through scammer-controlled trading pools. Billions were lost in 2023 alone - so be careful!
Read more here
Meme of the Day
Bitcoin: The GOAT
Market Movements - 29 Mar 2024
Bitcoin saw a decrease of -2.85%, closing at $65,445, while Ethereum fell by -6.18% to settle at $3,264. Other notable cryptocurrencies such as Dogecoin (-8.27%), Shiba Inu (-7.67%), and Avalanche (-8.88%) also witnessed significant declines. BNB (-3.67%), Toncoin (-8.10%), Solana (-5.35%), XRP (-2.95%), and Cardano (-4.80%) followed the trend with notable drops.
Nevertheless, Litecoin and Core experienced gains, surging by 6.99% and 37.69% respectively.
Movers and Shakers
Core (7.52%) and Bittensor (5.71%) surged, while BGB (1.24%) also joined the rally. Conversely, Aptos (-16.36%) faced a decline. Axelar (-15.14%) and Pendal (-14.99%) are gradually descending into the market's depths.
Trivia Question: What was the first tweet ever sold as an NFT?
Answer at the bottom of the page
What moved in the Crypto World Today
Andreessen Horowitz (a16z) Unveiled $30 Million Investment Initiative for Gaming Startups
Andreessen Horowitz (a16z) has introduced a $30 million investment program targeting technology-driven gaming startups. The initiative is overseen by Andrew Chen and emphasizes AI, VR/AR, and Web3 games. It is distributed through the accelerator program "SPEEDRUN," with each startup receiving $750,000. Graduates include Matchday and Promodium among others.
Read more here
Crypto.com Launches Services in South Korea After OK-BIT Acquisition
Singapore-based crypto exchange Crypto.com has announced the launch of its services in South Korea, two years after acquiring local exchange OK-BIT. The Crypto.com App will be available for retail users from Apr. 29, offering access to crypto and non-fungible tokens (NFTs).
Read more here
Bitget Simplified Crypto Purchases with OnRamp Partnership
Crypto exchange Bitget announced a partnership with payment solutions provider OnRamp, streamlining fiat-to-crypto conversions. Indian users can access INR deposits via UPI and IMPS, while Nigeria, UAE, and Mexico can deposit NGN, AED, and MXN respectively through bank transfers. Vietnamese users can utilize VietQR for VND deposits. This is great news for residents of these countries.
Read more here
MAS Expanded Regulatory Oversight to Crypto Custody
Singapore's Monetary Authority (MAS) has broadened its crypto regulations to include custody of tokens and firms in fund transfers. Changes to the Payment Services Act, effective from April 4, aim to enforce user protection and financial stability. The move positions Singapore as an institutional hub for the crypto industry, responding to risks from unregulated speculation in 2022.
Read more here
Funding Announcements
Our crypto canary sings a sweet song of riches! Get the lowdown on who just cashed in big with the latest funding news:
Event calendar
Event | Date | Location |
|---|---|---|
ETH Belgrade, 2024 | June 03-05, 2024 | Serbia |
Proof Of Talk | June 10-11, 2024 | Paris, France |
DegameFi | June 22-23, 2024 | Georgia |
Trivian Answer: What was the first tweet ever sold as an NFT?
The first tweet ever, by Jack Dorsey, the co-founder of Twitter, was sold as an NFT in March 2021.
How did today's dive into the crypto world resonate with you? |