Terraform Labs has announced the filing for chapter 11 bankruptcy
Terraform Labs, the company behind the now-defunct TerraUSD $UST stablecoin, has filed for Chapter 11 bankruptcy protection at the United States Bankruptcy Court for the District of Delaware, citing between $100 and $500 million in estimated liabilities and assets. The bankruptcy filing comes just four days after the SEC agreed to postpone Kwon’s upcoming fraud trial to March 25th. Do Kwon, the co-founder of Terraform Labs was arrested in Montenegro in March 2023 after attempting to use falsified travel documents to leave the country.
👉🏻 cointelegraph.com/news/do-kwon-terraform-labs-files-chapter-11-bankruptcy-protection
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Terraform Labs, the company behind the now-defunct TerraUSD $UST stablecoin, has filed for Chapter 11 bankruptcy protection at the United States Bankruptcy Court for the District of Delaware, citing between $100 and $500 million in estimated liabilities and assets. The bankruptcy filing comes just four days after the SEC agreed to postpone Kwon’s upcoming fraud trial to March 25th. Do Kwon, the co-founder of Terraform Labs was arrested in Montenegro in March 2023 after attempting to use falsified travel documents to leave the country.
👉🏻 cointelegraph.com/news/do-kwon-terraform-labs-files-chapter-11-bankruptcy-protection
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Coin of the day by social activity - Shiba Inu (SHIB).
Shiba Inu $SHIB is a decentralized meme token based on the Ethereum blockchain. It has also developed Shibarium, an Ethereum layer-2 scaling solution built on a proof-of-participation (PoP) consensus.
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Shiba Inu $SHIB is a decentralized meme token based on the Ethereum blockchain. It has also developed Shibarium, an Ethereum layer-2 scaling solution built on a proof-of-participation (PoP) consensus.
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AIT Protocol (AIT) has announced a partnership with Script Network (SCPT)
AIT Protocol has teamed up with Script Network, a layer 1 open-source live TV platform, protocol, and storage network. Through this collaboration, projects will launch a virtual workshop for the community, and social rewards for discord users. AIT Protocol is the inaugural data infrastructure dedicated to data annotations and the training of AI models, incubated by PAAL AI and Metabros. Earlier this month, AIT Protocol revealed its launchpad and BeFi Labs as the first IDO on the platform.
👉🏻 twitter.com/AITProtocol/status/1749421577177800809
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AIT Protocol has teamed up with Script Network, a layer 1 open-source live TV platform, protocol, and storage network. Through this collaboration, projects will launch a virtual workshop for the community, and social rewards for discord users. AIT Protocol is the inaugural data infrastructure dedicated to data annotations and the training of AI models, incubated by PAAL AI and Metabros. Earlier this month, AIT Protocol revealed its launchpad and BeFi Labs as the first IDO on the platform.
👉🏻 twitter.com/AITProtocol/status/1749421577177800809
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Moon App announces the launch of the $APP staking for Injective ecosystem IDOs
Moon App, the first mobile-based launchpad built on an Injective mainnet, has rolled out the $APP staking. Stakers will be eligible for the Injective ecosystem IDO allocations and will be divided into 5 tiers. The first IDO on the launchpad will take place this week. Moon App is a next-gen launchpad and trading product on Injective for mobile retail users, along with the desktop terminal.
Staking tiers:
🔸Tier 1: 7500 $APP staked - max 1 lottery ticket per IDO
🔸Tier 2: 30K $APP staked - max 4 lottery tickets per IDO
🔸Tier 3: 75K $APP staked - max 10 lottery tickets per IDO
🔸Tier 4: 150K $APP staked - max 25 lottery tickets per IDO
🔸Tier 5: 300K $APP staked - max 35 lottery tickets per IDO + 10% guaranteed allocation pool per IDO
👉🏻 twitter.com/MoonAppOfficial/status/1748284392873603119
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Moon App, the first mobile-based launchpad built on an Injective mainnet, has rolled out the $APP staking. Stakers will be eligible for the Injective ecosystem IDO allocations and will be divided into 5 tiers. The first IDO on the launchpad will take place this week. Moon App is a next-gen launchpad and trading product on Injective for mobile retail users, along with the desktop terminal.
Staking tiers:
🔸Tier 1: 7500 $APP staked - max 1 lottery ticket per IDO
🔸Tier 2: 30K $APP staked - max 4 lottery tickets per IDO
🔸Tier 3: 75K $APP staked - max 10 lottery tickets per IDO
🔸Tier 4: 150K $APP staked - max 25 lottery tickets per IDO
🔸Tier 5: 300K $APP staked - max 35 lottery tickets per IDO + 10% guaranteed allocation pool per IDO
👉🏻 twitter.com/MoonAppOfficial/status/1748284392873603119
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PancakeSwap (CAKE) has reported about burning 9.19M $CAKE tokens
PancakeSwap, a multichain DEX, has conducted the burning event of 9.19M $CAKE tokens worth around $23.8M. Through the burn, the $CAKE percentage change for the trading fees (AMM V2), and Trading fees (AMM V3) pools reached -3% and -16% respectively. During the last 2 months, PancakeSwap burned ~27.1M $CAKE tokens (~11.1% of circulating supply).
👉🏻 twitter.com/PancakeSwap/status/1749417959477387711
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PancakeSwap, a multichain DEX, has conducted the burning event of 9.19M $CAKE tokens worth around $23.8M. Through the burn, the $CAKE percentage change for the trading fees (AMM V2), and Trading fees (AMM V3) pools reached -3% and -16% respectively. During the last 2 months, PancakeSwap burned ~27.1M $CAKE tokens (~11.1% of circulating supply).
👉🏻 twitter.com/PancakeSwap/status/1749417959477387711
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Lends (LENDS) has announced a partnership with DexCheck (DCK)
Lends joins forces with DexCheck, an AI-boosted analytics for crypto and NFT trading. Under this collaboration, Lends will integrate DexCheck's data analytics technology and trading tools. Lends is a fixed-rate P2P lending protocol that uses order books to offer fixed-term loans to known counterparties, powered by Thorchain. Lends has previously announced its IDO on the Ape Terminal launchpad.
👉🏻 twitter.com/Lends_so/status/1749446787146948688
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Lends joins forces with DexCheck, an AI-boosted analytics for crypto and NFT trading. Under this collaboration, Lends will integrate DexCheck's data analytics technology and trading tools. Lends is a fixed-rate P2P lending protocol that uses order books to offer fixed-term loans to known counterparties, powered by Thorchain. Lends has previously announced its IDO on the Ape Terminal launchpad.
👉🏻 twitter.com/Lends_so/status/1749446787146948688
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Ondo Finance (ONDO) will be listed on Coinbase and Coinbase Exchange today
Trading of Ondo Finance $ONDO tokens on Coinbase will begin today, on January 22nd, once liquidity conditions are met. Ondo Finance is a Real World Assets (#RWA) protocol which offers tokenized versions of traditional financial products, backed by Founders Fund, Pantera Capital, and Coinbase.
👉🏻 twitter.com/CoinbaseAssets/status/1749477846504948194
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Trading of Ondo Finance $ONDO tokens on Coinbase will begin today, on January 22nd, once liquidity conditions are met. Ondo Finance is a Real World Assets (#RWA) protocol which offers tokenized versions of traditional financial products, backed by Founders Fund, Pantera Capital, and Coinbase.
👉🏻 twitter.com/CoinbaseAssets/status/1749477846504948194
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Crypto News Digest: Key Updates You Need to Know
This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.
CryptoDep | Community Chat | Twitter | Telegram
This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.
CryptoDep | Community Chat | Twitter | Telegram
ZetaChain has announced the launch of the $ZETA airdrop pre-claim eligibility
ZetaChain, a Layer 1 blockchain operator, has disclosed the details of the $ZETA airdrop and opened a claim eligibility portal. A total of 31.5M $ZETA is allocated to this genesis airdrop, with rewards allocated to over 800,000 ZetaLabs users and contributors. The project has also conducted a bot analysis based on on-chain data and removed over 300,000 detected bot accounts with near-identical behavior. ZetaChain previously raised $27M in the funding round from CMT Digital, Blockchaincom, Jane Street Ventures, and others.
👉🏻 blog.zetachain.com/the-zetachain-airdrop-pre-claim-494d09a6523b
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ZetaChain, a Layer 1 blockchain operator, has disclosed the details of the $ZETA airdrop and opened a claim eligibility portal. A total of 31.5M $ZETA is allocated to this genesis airdrop, with rewards allocated to over 800,000 ZetaLabs users and contributors. The project has also conducted a bot analysis based on on-chain data and removed over 300,000 detected bot accounts with near-identical behavior. ZetaChain previously raised $27M in the funding round from CMT Digital, Blockchaincom, Jane Street Ventures, and others.
👉🏻 blog.zetachain.com/the-zetachain-airdrop-pre-claim-494d09a6523b
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Top Blockchains by Daily Active Users
Daily active users measure the number of distinct addresses interacting with blockchains' relevant contracts. According to the data from TokenTerminal, Tron, BNB Chain, Polygon, Bitcoin, and Ronin networks have drawn the largest numbers of users lately.
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Daily active users measure the number of distinct addresses interacting with blockchains' relevant contracts. According to the data from TokenTerminal, Tron, BNB Chain, Polygon, Bitcoin, and Ronin networks have drawn the largest numbers of users lately.
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Gamee has suffered a $15M exploit due to compromised $GMEE token contracts
Animoca-backed Gamee confirms that its $GMEE token contracts on Polygon suffered an exploit that resulted in the theft of 600M tokens (~$15M). Stolen tokens were subsequently converted to ETH and MATIC, causing the price of the $GMEE token to drop 64% over the past 24 hours to below $0.01.
👉🏻 theblock.co/post/273911/animoca-backed-gamee-confirms-major-exploit-of-token-contracts
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Animoca-backed Gamee confirms that its $GMEE token contracts on Polygon suffered an exploit that resulted in the theft of 600M tokens (~$15M). Stolen tokens were subsequently converted to ETH and MATIC, causing the price of the $GMEE token to drop 64% over the past 24 hours to below $0.01.
👉🏻 theblock.co/post/273911/animoca-backed-gamee-confirms-major-exploit-of-token-contracts
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bitsCrunch $BCUT token launch and listing will take place on February 20th
bitsCrunch has scheduled the $BCUT TGE and exchange listing on February 20th. $BCUT is a token native to the network, providing access to enriched NFT data within the bitsCrunch ecosystem. bitsCrunch previously conducted its token sale on Coinlist, selling out all allocated tokens in just 24 minutes.
bitsCrunch is a decentralized, AI-enhanced data network that delivers analytics and forensic data for NFTs, wallets, and other digital assets on the public blockchain, backed by Coinbase Ventures, Animoca Brands, Morningstar Ventures, Polygon Ventures, Chainlink, and others.
👉🏻 twitter.com/bitsCrunch/status/1749486179979026710
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bitsCrunch has scheduled the $BCUT TGE and exchange listing on February 20th. $BCUT is a token native to the network, providing access to enriched NFT data within the bitsCrunch ecosystem. bitsCrunch previously conducted its token sale on Coinlist, selling out all allocated tokens in just 24 minutes.
bitsCrunch is a decentralized, AI-enhanced data network that delivers analytics and forensic data for NFTs, wallets, and other digital assets on the public blockchain, backed by Coinbase Ventures, Animoca Brands, Morningstar Ventures, Polygon Ventures, Chainlink, and others.
👉🏻 twitter.com/bitsCrunch/status/1749486179979026710
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BeFi Labs (BeFi) has teamed up with SatoshiVM (SAVM) in the inscription field
BeFi Labs partners with SatoshiVM, a decentralized Bitcoin ZK Rollup Layer2, to work along in the field of inscriptions. Through this partnership, BeFi Labs will expand the inscription standard SARC20 on the SatoshiVM network, list $SAVM on its trading terminal, and integrate the SatoshiVM network into the terminal.
BeFi Labs is a native BRC-20 & Ordinals trading terminal with rapid transactions and zero fees. The project has already conducted its IDOs on Ape Terminal & BRC App and will have another one on the AIT Launchpad, with more details to be announced soon.
👉🏻 twitter.com/BefiLabs/status/1749748869305401736
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BeFi Labs partners with SatoshiVM, a decentralized Bitcoin ZK Rollup Layer2, to work along in the field of inscriptions. Through this partnership, BeFi Labs will expand the inscription standard SARC20 on the SatoshiVM network, list $SAVM on its trading terminal, and integrate the SatoshiVM network into the terminal.
BeFi Labs is a native BRC-20 & Ordinals trading terminal with rapid transactions and zero fees. The project has already conducted its IDOs on Ape Terminal & BRC App and will have another one on the AIT Launchpad, with more details to be announced soon.
👉🏻 twitter.com/BefiLabs/status/1749748869305401736
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Coin of the day by social activity - FTX Token (FTT).
$FTT is the native cryptocurrency token of the FTX bankrupt crypto exchange built to offer futures, leveraged tokens, and OTC trading.
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$FTT is the native cryptocurrency token of the FTX bankrupt crypto exchange built to offer futures, leveraged tokens, and OTC trading.
CryptoDep | Community Chat | Twitter | Telegram
Masa has announced the closure of its $5.4M seed investment round
Masa Finance has raised $5.4M in a seed funding round to build a decentralized network on Avalanche focused on users' personal data. The round was led by Anagram, with participation from Avalanche Blizzard Fund, Digital Currency Group and GoldenTree. Masa aims to create a data platform, allowing users to contribute personal data and receive compensation in the form of Masa's native token.
👉🏻 theblock.co/post/273984/masa-network-seed-round
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Masa Finance has raised $5.4M in a seed funding round to build a decentralized network on Avalanche focused on users' personal data. The round was led by Anagram, with participation from Avalanche Blizzard Fund, Digital Currency Group and GoldenTree. Masa aims to create a data platform, allowing users to contribute personal data and receive compensation in the form of Masa's native token.
👉🏻 theblock.co/post/273984/masa-network-seed-round
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Top 10 dApps on zkSync Era by Users Activity (30d)
A decentralized application (dApp) is a program built on blockchain that combines a smart contract and a front-end user interface. We present the top dApps on zkSync Era by user activity in the last 30 days, according to the data from DappRadar.
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A decentralized application (dApp) is a program built on blockchain that combines a smart contract and a front-end user interface. We present the top dApps on zkSync Era by user activity in the last 30 days, according to the data from DappRadar.
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AltLayer has announced the launch of the $ALT airdrop season one
AltLayer will allocate 300M ALT Tokens (3% of the total supply) for $ALT airdrop season one, rewarding NFT Holders (OG Badge and Oh Ottie! collections), ‘Altitude’ campaign participants, EigenLayer restakers, EigenLayer ecosystem partners and Celestia stakers. The airdrop claim site will be open from January 25th to February 25th.
AltLayer is an open and decentralised protocol for rollups, backed by Binance Labs, Polychain, and others. AltLayer became the 45th project on the Binance Launchpool and will be listed on Binance on January 25th.
👉🏻 blog.altlayer.io/altlayers-alt-token-launch-f49bf8ac2556
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AltLayer will allocate 300M ALT Tokens (3% of the total supply) for $ALT airdrop season one, rewarding NFT Holders (OG Badge and Oh Ottie! collections), ‘Altitude’ campaign participants, EigenLayer restakers, EigenLayer ecosystem partners and Celestia stakers. The airdrop claim site will be open from January 25th to February 25th.
AltLayer is an open and decentralised protocol for rollups, backed by Binance Labs, Polychain, and others. AltLayer became the 45th project on the Binance Launchpool and will be listed on Binance on January 25th.
👉🏻 blog.altlayer.io/altlayers-alt-token-launch-f49bf8ac2556
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Polymer Labs has announced the closure of its $23M Series A round
Polymer has raised $23M in a Series A funding round co-led by Blockchain Capital, Maven 11, and Distributed Global with Coinbase Ventures, Placeholder, Digital Currency Group, North Island Ventures and Figment Capital participating. Polymer Labs is building an Ethereum Layer 2 network to provide interoperability-as-a-service to Ethereum and its rollup.
👉🏻 polymerlabs.org/blog/polymer-labs-raises-23m-to-build-ethereums-interoperability-hub
Polymer has raised $23M in a Series A funding round co-led by Blockchain Capital, Maven 11, and Distributed Global with Coinbase Ventures, Placeholder, Digital Currency Group, North Island Ventures and Figment Capital participating. Polymer Labs is building an Ethereum Layer 2 network to provide interoperability-as-a-service to Ethereum and its rollup.
👉🏻 polymerlabs.org/blog/polymer-labs-raises-23m-to-build-ethereums-interoperability-hub
SatoshiVM unveils a collection of 5,000 NFTs with tokenized value to reward beta testers
SatoshiVM has introduced its collection of 5,000 NFTs with the tokenized value that will be distributed among beta testers. Moreover, the project will integrate SARC20 into its infrastructure and conduct a public stress test of its testnet.
Previously, SatoshiVM has conducted its ILO on the Bounce Launchpad and the record-breaking IDO on Ape Terminal. Current $SAVM price is $9.52 (190x from IDO price). SatoshiVM is a decentralized Bitcoin ZK Rollup Layer2 compatible with the EVM ecosystem and uses native BTC as gas.
👉🏻 twitter.com/SatoshiVM/status/1749769076086329698
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SatoshiVM has introduced its collection of 5,000 NFTs with the tokenized value that will be distributed among beta testers. Moreover, the project will integrate SARC20 into its infrastructure and conduct a public stress test of its testnet.
Previously, SatoshiVM has conducted its ILO on the Bounce Launchpad and the record-breaking IDO on Ape Terminal. Current $SAVM price is $9.52 (190x from IDO price). SatoshiVM is a decentralized Bitcoin ZK Rollup Layer2 compatible with the EVM ecosystem and uses native BTC as gas.
👉🏻 twitter.com/SatoshiVM/status/1749769076086329698
CryptoDep | Community Chat | Twitter | Telegram
Crypto News Digest: Key Updates You Need to Know
This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.
CryptoDep | Community Chat | Twitter | Telegram
This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.
CryptoDep | Community Chat | Twitter | Telegram
