Ripps and Pauly0x Owe Bored Apes $9M

️ On today's Top Picks:

Crypto News

• Solana Chapter 2 crypto phone reaches 60K preorders.

• ⭐️ Nayib Bukele, a pro-Bitcoin candidate; re-elected as President of El Salvador.

• Genesis asks bankruptcy court to approve sale of $GBTC shares worth $1.4B.

• FTX requests permission to sell 8% stake (~$1B) in Anthropic.

• Terraform Labs former CFO extradited from Montenegro to South Korea.

• SEC charges American Bitcoin Academy founder and his firm Rockwell Capital Management with fraud.

• Ethereum Name Service partners with GoDaddy to allow users to link domains to their ENS.

Alpha

• ⭐️ EigenLayer uncaps pools and adds Frax Finance $sfrxETH, Liquid Collective $1sETH, and Mantle $mETH.

• Taiko launches Discover Challenge & Play campaign on Galxe.

• The Honey Jar launches Kodiak Tundra Trekker quest.

• Zora adds support for Arbitrum and releases free Arb Zorb NFT.

• Coinbase adds support for Aerodrome $AERO and Velodrome $VELO.

Airdrops

• ⭐️ Dymension Mainnet launching very soon alongside $DYM airdrop.

• Magic Eden Retro Diamond Drop claims are live until March 3rd.

• Stride announces $STRD airdrop for early stTIA holders.

• Bitcoin DeFi projects with potential by Crypto Snooper.

Finance News

• Trump states he will fire Federal Reserve Chair Jerome Powell if elected.

• Jeff Bezos to sell up to 50M Amazon $AMZN shares (~$8.6B) by early next year.

• Samsung Chairman found not guilty of accounting fraud and stock manipulation.

• Snap $SNAP lays off 10% (~500) of its staff citing positioning and capacity to invest.

• Kroger $KR CFO steps down amid plans to merge with Albertsons.

Security and Exploits

• SlowMist Weekly Security Reports highlights ~$120M in estimated losses last week.

Token Unlocks

• Hashflow / 13.62M $HFT / ~$4M / FEB 06
• Moonbeam / 3.04M $GLMR / ~$1M / FEB 10
⭐️ • Aptos / 24.84M $APT / ~$220M / FEB 11

Funding

• Oobit, a mobile payments app; raises $25M in Series A funding led by Tether and CMCC Global.

• Nibiru Chain, an L1 blockchain; raises $12M in Private funding.

• Reboot World, a decentralized generative metaverse; raises $2.5M in Seed funding.

• Kodiak, a liquidity hub on Berachain; raises $2M in Seed funding.

The Degen Farmer