ApeCoin Chooses Arbitrum For ApeChain

️ On today's Top Picks:

Crypto News

• ⭐️ ApeCoin DAO votes to develop ApeChain on the Arbitrum tech stack.

• ⭐️ Bitcoin $BTC mining difficulty breaks above 80T as halving approaches.

• Former FTX lawyers poised to be appointed as Binance's independent monitor.

• DEBT Box asks judge to deny US SEC request to dismiss case.

• ⭐️ GoFundMe takes down fundraiser for Tornado Cash developer's legal defense fund.

• Citi explores tokenization use cases on Avalanche’s $AVAX Spruce subnet.

• Telefonica partners with Chainlink $LINK for fraud prevention in SIM cards.

Alpha

• Binance Labs unveils first batch of S6 Incubation projects.

• ⭐️ Linea distributes LXP for Aspecta, Particle, and entertainment festival.

• Uniswap unveils Uniswap V4's launch is set for Q3 2024.

• Uniswap is launching on Zora, releases free Uni Zorb NFT.

• Hinkal launches recurring campaigns on Galxe.

Airdrops

• Spark Airdrop farming by Olimpio.

• Braavos 1M $STRK Raffle by Earndrop.

• Berachain Airdrop strategy by Earndrop.

• Polymarket Airdrop strategy by Earndrop.

• Beraplug $PLUG airdrop by Earndrop.

• De[.]Fi Airdrop Season 1 is live.

• Masa Airdrop quest closes at 2000 UTC.

• Zora Airdrop hunting by Crypto Snooper.

Finance News

• Coinbase $COIN beats Q4 estimates as transaction revenue rises to $529M.

• Ark Invest sells $34.3M worth of Coinbase $COIN shares.

• Tiger Global sells all of its Coinbase $COIN shares worth $2.9M.

• UK falls into recession in the final quarter of 2023.

• Japan slips into recession, losing its spot as world's 3rd largest economy to Germany.

• SpaceX moves its state of incorporation from Delaware to Texas.

• NVIDIA $NVDA passes Alphabet $GOOG in market cap becoming 3rd most valuable US company.

• Jeff Bezos sells another $2B worth of Amazon $AMZN stock.

• Morgan Stanley $MS lays off hundreds in its wealth management unit.

• Pfizer $PFE pays $93M to settle Lipitor antitrust lawsuit.

Security and Exploits

• ZachXBT posts about Coinbase reset fraud scam on X.

• Dust Attacks web3 attack vector explained by Blockaid.

• Exchange Server actively exploited as Microsoft acknowledges newly disclosed security flaw.

Token Unlocks

• ApeCoin / 15.6M $APE / ~$25M / FEB 16
• Nym / 3.21M $NYM / ~$681K / FEB 17
• Manta / 6.67M $MANTA / ~$19.8M / FEB 18
• Oasis / 171M $ROSE / ~$21M / FEB 18

Funding

• Lava, a modular RPC & indexing layer; raises $15M in Seed funding.

• ⭐️ Ethena, an Ethereum-based stablecoin and internet bond; raises $14M in Strategic funding.

• Overworld, a cross-platform multiplayer RPG; raises $10M in Seed funding led by Hashed, The Spartan Group, Sanctor Capital, and Galaxy Interactive.

• Helika, a Web3 gaming analytics platform; raises $8M in Series A funding led by Pantera Capital.

• Concrete, an on-chain credit and debt management protocol; raises $7.5M in funding led by HASHED, Tribe Capital, and Portal Ventures.

• Sphinx, a DevOps platform for deploying & managing smart contracts; raises $2M in funding.

• Drosera, a decentralized automated responder collective; raises $1.55M in Pre-Seed funding led by Anagram.

• Nodekit, a decentralized shared sequence; raises an undisclosed amount in funding from a16z Crypto Startup Accelerator.

The Degen Farmer