Starknet Unveils $STRK Airdrop

📈 Starknet's Massive Token Plan

Token Distribution to 1.3M Wallets: Starknet Foundation announces STRK token distribution to nearly 1.3 million wallets, targeting early ecosystem users and Ethereum contributors.

STRK Token Details: Starting February 20, eligible wallets can claim over 700 million STRK tokens, 7% of the total 10 billion supply, within a four-month period.

Eligibility and Governance: Eligibility based on transaction history and network interaction. Starknet aims to use STRK for decentralized governance. Read More.

️ On today's Top Picks:

  1. ⚖️ CZ criminal sentencing postponed.
  2. 🐻 Berachain launches Balentine's Day quest.
  3. 💰 Ultiverse raises $4M in funding.
  4. 💵 US Inflation falls to 3.1%.

Read time: ⏰ 8 minutes


Crypto News


• ⭐️ CZ criminal sentencing postponed until April 30th.

• Genesis receives court approval to sell $1.6B Grayscale $GBTC shares.

• Federal Reserve Chair Jerome Powell says US needs legislative framework for stablecoins.

• Franklin Templeton files for spot Ethereum $ETH ETF.

• Ethereum co-founder Jeffrey Wilcke deposits 10K $ETH to Kraken.

• Solana $SOL Phone chapter 2 reaches 100K pre-orders.

• Ripple $XRP acquires Standard Custody & Trust Co. to increase US qualifications and operations.

• ENS Labs $ENS receives $300K settlement offer from Manifold Finance regarding eth[.]link domain name.

Alpha


• February Bi-Weekly Calendar by LayerGG.

• DN404 or "Divisible NFT" standard released by Cygaar and several other developers.

• ⭐️ Berachain launches Balentine's Day quest in collaboration with The Honey Jar.

• Monad posts, "devnet loading ▓▓▓▓▓▓▓▓░░░░░ 66%," on X.

• Pontem Ecosystem Bounty Program wave 7.0 is live.

• Aevo launches farm boost program in collaboration with Pandora team.

• Sushi introduces Susa, a perpetuals exchange built on Layer N.

• Jumper launches Lil Pudgys campaign on Mercle until Feb 18th.

• Lens Protocol releases limited collect Opening the garden art on Hey.

• Holograph releases free Smile Valentine NFT in collaboration with Zora.

Airdrops


• ⭐️ Starknet $STRK airdrop is out by Olimpio.

• Braavos launches 1M $STRK Raffle campaign.

• EtherFi posts poll on whether they should publish tokenomics on X.

• LayerZero $ZRO & Polyhedra, 2 Birds with 1 Stone by Crypto Snooper.

• Proof of Play posts, "gm, we've been busy." with a video of spinning logo on X.

Finance News


• ⭐️ US Inflation falls to 3.1%, higher than expected.

• UK inflation holds at 4%, lower than expected.

• NVIDIA $NVDA flips Amazon $AMZN stock in market cap.

• Jeff Bezos sells $2B+ in Amazon $AMZN stock.

• Paramount Global $PARA lays off 800 employees (3%) amid intentions to spend less.

• Uber $UBER announces $7B share buyback.

• Lyft $LYFT misstates margin expansion as 500 basis points instead of 50 basis points.

Security and Exploits


• Samczsun creates Security Alliance, an initiative to protect white-hat hackers from legal woes.

• Blockaid discovers new emerging attack vector from Angel Drainer group.

• Hayden Adams discovers new attack vector involving scammers registering [YourEthereumAddress].eth.

• Miner exploited for ~168.8 ETH due to an error in update function.

• Microsoft releases updates patching 73 security flaws and 2 zero-day exploits.

• MoqHao, a new variant of Android malware targets users in Europe & Asia.

Token Unlocks


• Euler / 98.36K $EUL / ~$428K / FEB 15
• Flow / 2.6M $FLOW / ~$2.2M / FEB 15
• ApeCoin / 15.6M $APE / ~$23.7M / FEB 16
• Nym / 3.21M $NYM / ~$618K / FEB 17
• Manta / 6.67M $MANTA / ~$18.4M / FEB 18
• Oasis / 171M $ROSE / ~$21.5M / FEB 18


Funding


• FORDEFI, an institutional wallet service; raises $10M in funding led by Electric Capital.

• Architect, a financial infrastructure firm; raises $5M in Seed funding.

• ⭐️ Ultiverse, a Web3 video game studio; raises $4M in Strategic funding.

• Watches[.]io, a tracking and trading ecosystem for watches; raises $1.9M in Pre-Seed funding led by Lemniscap.

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. . .

+$600,000,000 in airdrops was lost

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. . .

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

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