AltLayer Announces $ALT Token Details

️ On today's Top Picks:

Crypto News

• ⭐️ Ethereum Dencun upgrade launches on Goerli testnet incorporating proto-danksharding.

• ⭐️ VanEck to delist Bitcoin ETF citing performance and investor interest.

• ⭐️ Coinbase argues in court for the dismissal of the SEC case against them.

• Do Kwon trial pushed back to March due to challenges of extradition from Montenegro.

• Sam Bankman-Fried's parents seek dismissal of FTX lawsuit against them.

• Tether challenges United Nations report highlighting USDT role in underground banking and money laundering.

• Chainlink Cross-Chain Interoperability Protocol (CCIP) integrates Circle’s Cross-Chain Transfer Protocol (CCTP).

• TrueUSD $TUSD stablecoin depegs to ~$0.98 amid selloff due to holder uncertainty.

• ⭐️ Solana Mobile Chapter 2 unveiled and available for preorder.

• Venezuela terminates Petro cryptocurrency amid controversy and lack of adoption.

• Gemini prepares to launch retail and institutional services in France as it obtains VASP approval.

• OKX to offer local currency trading pairs in Dubai as it wins Virtual Assets License.

Alpha

• EtherFi introduces daily check-in streaks which reward points.

• Braavos launches zkLend quest on Starknet Quest.

• Kakarot zkEVM closes in on being a feature complete EVM.

• Blast Testnet launches alongside Big Bang competition for dapps and developers.

• Orbiter Finance launches Take Orbiter to 2024 campaign on Galxe.

• Squid celebrates one year birthday with free NFT mint.

• Element NFT marketplace to snapshot Manta Girls NFT collection on January 18th.

• Farcaster Giraffe protocol releases along with free NFT mint on Zora.

• Rainbow points now awarded for just using dapps with Rainbow.

• WalletConnect launches Web3Inbox, an app that keeps you notified of what’s happening across web3.

• RedStone Oracles launches celebratory Warp Contracts quest on Galxe.

• Animoca Brands partners with Magnus Carlsen to launch decentralized chass game Anichess.

Airdrops

• ⭐️ AltLayer $ALT token and airdrop launching January 25th.

• Manta Network $MANTA airdrop checker based on New Paradigm NFTs is live.

• Frame and $FRAME airdrop launching January 31st.

• Wormhole airdrop strategy by Crypto Snooper.

Finance News

• US banks urge Federal Reserve to completely overhaul a draft rule hiking bank capital.

• Red Sea global shipping disruption to last a few months according to Maersk CEO.

• Microsoft $MSFT partners with Vodafone to bring its services to businesses and consumers across Europe and Africa.

• Apple $AAPL passes Samsung to become world's largest smartphone maker in 2023.

• Tesla $TSLA slashes car prices across Europe.

• N26, a German bank is set to allow stocks and ETF trading for customers.

• X receives money transmitter license for payment services in Utah.

• US Pentagon awards $2.5B in satellite contracts to L3Harris $LHX, Lockheed Martin $LMT, and Sierra Space.

• JetBlue $JBLU $3.8B purchase of Spirit Airlines $SAVE blocked by federal judge.

Security and Exploits

• Socket (Bungee) exploited for ~$3M due to incomplete validation of user input.

• Chrome releases update fixing four security issues.

• GitHub fixes bug that could have exposed credentials in production containers.

Token Unlocks

• Euler / 110.72K $EUL / ~$496K / JAN 17
• 1inch / 364.29K $1INCH / ~$173K / JAN 18
• Axie Infinity / 3.43M $AXS / ~$28.6M / JAN 18
• Nym / 3.27M $NYM / ~$853K / JAN 18
• Injective / 3.67M $INJ / ~$150.9M / JAN 20
• Space ID / 53.27M $ID / ~$17.6M / JAN 21

Funding

• HashKey Group raises $100M in Series A funding.

• Dimo, a decentralized car data network developer; raises $11.5M in Series A funding led by CoinFund.

• 0xScope, a AI data layer for Web3 AI applications; raises $5M in funding led by HashKey Capital.

• Renzo, an EigenLayer restaking hub; raises $3.2M in Seed funding led by Maven 11.

• Canza Finance, financial tools for Sub-Saharan African enterprises; raises $2.3M in Strategic funding led by Polychain.

• Wield, the company behind FarQuest; raises $1M in Pre-Seed funding led by Lemniscap.

• Four Pillars, a blockchain research firm; raises $500K in Seed funding.

• Manta Network raises an undisclosed amount in Strategic funding from ArkStream Capital.

The Degen Farmer