Kanye West Offered $2M to Launch Memecoin

🎤 Kanye West Rejects $2M Crypto Deal

Kanye Refuses $2M Token Offer: Kanye West revealed he was offered $2 million to promote a cryptocurrency but rejected it, calling it a scam. He shared a screenshot of the offer, though the sender remains unidentified. Some in the crypto community still encourage him to launch a token, believing he has the influence to make it successful.

Kanye Reaches Out to Coinbase CEO: West posted that he wanted to speak with Coinbase CEO Brian Armstrong about "something concerning crypto." His vague message left many speculating whether he was considering entering the market or seeking advice on digital assets. Some crypto advocates saw this as a sign of serious interest in blockchain technology.

Controversy and Crypto Speculation: Amid his crypto-related posts, Kanye made anti-Semitic and sexist remarks, overshadowing his digital asset interests. Despite this, Polymarket raised his odds of launching a token to 46%, with $52,000 wagered. His ex-wife Kim Kardashian was previously fined for undisclosed crypto promotions, highlighting possible legal risks for West. Read More.

️ On today's Top Picks:

  1. 👀 Monad teases "gonna be a big month".
  2. 🪂 Solayer launches $LAYER eligibility checker.
  3. 💸 US President Trump to issue reciprocal tariffs.
  4. 🔓 DeepSeek iOS app leaks unencrypted user data.

Read time: ⏰ 6 minutes


Crypto News


• ⭐️ Kanye West offered $2M to launch memecoin; asks to speak with Coinbase CEO Brian Armstrong concerning crypto.

Ethereum $ETH developers set the dates for Pectra upgrade; Holesky testnet on February 26th, Sepolia testnet on March 5th, & mainnet in April.

US SEC acknowledges Grayscale Solana $SOL 19b-4 filing; SEC previously refused to process Solana-related filings.

Pump[.]fun deposits 140,285 $SOL worth ~$26M into Kraken; deposited 1,021,162 $SOL worth ~$208M in 2025.

BNB Chain $BNB launches Malicious MEV (Maximal Extractable Value) Reduction proposal; proposes booting malicious block builders, voting out rogue validators, & upgrading the mempool.

US Congressmen push for NFT legal protections with NFT ACT in revised FIT21 crypto bill; would designate some NFTs as non-securities.

Ondo Finance $ONDO announces Ondo Chain, a Layer 1 blockchain purpose-built for institutional-grade RWAs.

Ex-Celsius CEO Alex Mashinsky seeks 1-month delayed prison sentencing; cites time for his legal team to “review government submissions for accuracy”

Tornado Cash Co-founder Alexey Pertsev released from prison; under house arrest with electronic monitoring as he works on appeal.

Bybit registers with India's Financial Intelligence Unit after settling $1M fine; fined last week due to lack of regulatory compliance.

Alpha


MegaETH changes Fluffle NFT mint structure; 1.5K free & guaranteed NFTs on Day 1 & 3.5K 1ETH RNG-selected NFTs on Day 2.

• ⭐️ Monad posts "gonna be a big month" on X; to launch testnet this month.

Story Protocol introduces $IP and its tokenomics; 10% allocated for Initial Incentives & 38.4% allocated for Ecosystem + Community.

Namada $NAM to launch Phase 3: Shielding Party soon; NAM transferability in Phase 5: NAM Party.

OpenSea launches free commemorative Berachain NFT to celebrate mainnet being live on day one.

Roadmap Calendar by LayerGG.

List Of Upcoming TGEs, Listings, & Releases by ICO Analytics.

Airdrops


Berachain launches $BERA airdrop claim; Berachain NFT holders, testnet users, Boyco users, & more are eligible.

ICYMI Olimpio launches Berachain $BERA mass airdrop checker; no cookies, no tracking, no signatures.

• ⭐️ Solayer launches $LAYER eligibility checker; check allocation on February 10th & claim on February 11th.

B3 to launch $B3 S1 airdrop on February 10th; 34.2% of token supply allocated for Community & Ecosystem

Blast (Berachain) launches $BLAST airdrop eligibility & allocation checker; users who sold 100% of their BLAST (Blast) are eligible.

ICYMI D3 Airdrop Strategy by Earndrop.

Airdrop Updates by Airdrop Official.

Finance News


• ⭐️ US President Trump to issue reciprocal tariffs to match those imposed by other countries; Trump did not specify which countries would be affected.

BlackRock $BLK increases ownership of Strategy $MSTR (formerly MicroStrategy) to 5%; previously disclosed 4.09% ownership in September 2024.

Trump Media & Technology Group $DJT to launch Made in America ETF, US Energy Independence ETF, & Bitcoin Plus ETF; to launch later this year.

Gemini crypto exchange considers initial public offering this year; in talks with potential advisers but no final decisions have been made.

Public Citizen, a US watchdog group, files complaint over President Trump's memecoin $TRUMP; cites foreign payment risk.

Security and Exploits


UK Government secretly ordered Apple to create encryption backdoor; Apple likely to remove encrypted iCloud storage from the UK.

SlowMist January 2025 Security Report estimates ~$98M of losses from Web3 security incidents; incidents include contract vulnerabilities, account compromises, & private key leaks.

• ⭐️ DeepSeek iOS app sends unencrypted user data to ByteDance servers; includes user registration details, device information, & organization IDs.

Revoke[.]cash adds support for Berachain.

Token Unlocks


• Movement $MOVE / ~$27M / FEB 09th
• Aptos $APT / ~$64M / FEB 10th
• Polyhedra $ZKJ / ~$36M / FEB 12th
Sourced from Tokenomist


Funding


Superlogic raises $13.7M in Series A funding led by Powerledger.

The Game Company raises $10M in funding led by Telcoin, BullPerks, & Singularity DAO.

Fragmetric raises $7M in Seed funding led by Finality Capital Partners & Hashed.

Prodigy raises $5M in Seed funding led by Quantstamp & Republic.

Hex Trust raises an undisclosed amount in Strategic funding led by Morgan Creek Digital.

Ostium receives grant from the Arbitrum Foundation.

Keystone Hardware Wallet receives grant from the Avalanche Foundation.

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That’s it for today’s edition! See you soon.

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