We are pleased to announce that @Galaxisxyz is the latest project to join our #CMCLabs as an incubatee, a part of the CoinMarketCap Web3 Accelerator Program.
Galaxis is poised to transform the paradigms of interaction, cooperation, and innovation within decentralized networks.
Watch this space as we back Galaxis on its mission to fuel decentralized communities! 🔥
Details: <https://coinmarketcap.com/academy/article/cmcs-strategic-incubation-of-galaxis-unveiled-a-new-era-for-blockchain-powered-communities>
We are thrilled to announce Galaxis as our new Incubatee of #CMCLabs, CoinMarketCap's Web3 Accelerator Program 🤝🔥
Galaxis is set to revolutionize how we connect, collaborate, and create 🧠
Stay tuned for more updates as we support Galaxis's journey to empower decentralized communities! 🚀
👉 Details: https://coinmarketcap.com/academy/article/cmcs-strategic-incubation-of-galaxis-unveiled-a-new-era-for-blockchain-powered-communities
🗞 CryptoNews of the Day 🗞
South Korean Crypto Executives Apprehended for Allegedly Looting $828M Worth of Crypto: Three executives at yield platform Haru Invest were arrested by South Korean authorities.
👉Details: https://coinmarketcap.com/academy/article/south-korean-crypto-executives-apprehended-for-allegedly-looting-dollar828m-worth-of-crypto
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🗞 CryptoNews of the Day 🗞
MicroStrategy Buys Another $37M More of Bitcoin, BTC Holding Now $8.1B: MicroStrategy, the leading public Bitcoin holder, continues its bullish stance, acquiring another 850 BTC in January, bringing its total to 190,000, worth a staggering $8.1 billion.
👉Details: https://coinmarketcap.com/academy/article/microstrategy-buys-another-dollar37m-more-of-bitcoin-btc-holding-now-dollar81b
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🔎 CMCResearch: Deep Dive on BitTorrent Chain (BTTC) 🔎
In an increasingly fragmented ecosystem of chains, BTTC seeks to connect blockchains together using its unique three-tier architecture and a lock-and-mint model.🌉
Dive deeper into BTTC's Infrastructure, ecosystem & roadmap to understand its potential impact on Crypto. 💪
👉Details: https://coinmarketcap.com/academy/article/deep-dive-on-bittorrent-chain-bttc
🗞 CryptoNews of the Day 🗞
Epic Games Will List Web3 First-Person Shooter Game ‘Shrapnel’: Epic Games Store is set to launch "Shrapnel," a first-person shooter crypto game.
👉Details: https://coinmarketcap.com/academy/article/epic-games-will-list-web3-first-person-shooter-game-shrapnel
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🗞 CryptoNews of the Day 🗞
U.S. DOJ Charges 2 School Staff For Mining Crypto in School District: The United States Department of Justice (DOJ) has charged two senior staff members of the Patterson Joint Unified School District in California.
👉Details: https://coinmarketcap.com/academy/article/us-doj-charges-2-school-staff-for-mining-crypto-in-school-district
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🗞 CryptoNews of the Day 🗞
Polygon Labs Lays Off 19% of Employees for “Enhanced Performance”: Polygon Labs, the company behind the Polygon blockchain, has announced layoffs affecting approximately 19% of its team members.
👉Details: https://coinmarketcap.com/academy/article/polygon-labs-lays-off-19percent-of-employees-for-enhanced-performance
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🗞 CryptoNews of the Day 🗞
India Maintains Controversial Crypto Tax Policy in Election Year: The government's annual budget, presented by Finance Minister Nirmala Sitharaman on Thursday, maintained the controversial tax deducted at source (TDS) policy for crypto transactions.
👉Details: https://coinmarketcap.com/academy/article/india-maintains-controversial-crypto-tax-policy-in-election-year
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🗞 CryptoNews of the Day 🗞
Jupiter Founder Defends JUP Airdrop After Highly Anticipated Launch Saw Backlash: Meow, the pseudonymous founder of Solana DEX aggregator Jupiter, has responded to criticisms of the project's massive JUP airdrop.
👉Details: https://coinmarketcap.com/academy/article/jupiter-founder-defends-jup-airdrop-after-highly-anticipated-launch-saw-backlash
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🗞 CryptoNews of the Day 🗞
Hong Kong Launches Investigation Into Worldcoin, Citing Data Privacy Concerns: The Office of the Privacy Commissioner for Personal Data (PCPD) in Hong Kong has announced an investigation into the local operations of identity verification project Worldcoin.
👉Details: https://coinmarketcap.com/academy/article/hong-kong-launches-investigation-into-worldcoin-citing-data-privacy-concerns
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🗞 CryptoNews of the Day 🗞
Celsius Emerges From Chapter 11 Bankruptcy, Launches Bitcoin Mining Firm: Celsius has emerged from Chapter 11 Bankruptcy in the United States and is poised to distribute $3 billion worth of crypto and cash to creditors.
👉Details: https://coinmarketcap.com/academy/article/celsius-emerges-from-chapter-11-bankruptcy-launches-bitcoin-mining-firm
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🔎CMC Research 🔎
Dive into the world of NFTs with APENFT, Tron's flagship NFT marketplace.💪
If done right, APENFT's vision and future roadmap could have a significant and lasting impact on the broader art and blockchain communities.🚀
👉 Details: https://coinmarketcap.com/academy/article/all-you-need-to-know-about-apenft
🗞 CryptoNews of the Day 🗞
Solana Network Usage Surges as Traders Bet on Continued Growth: Solana sees resurgent interest and activity as traders anticipate launch of new Jupiter token.
👉Details: https://coinmarketcap.com/academy/article/solana-network-usage-surges-as-traders-bet-on-continued-growth
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🗞 CryptoNews of the Day 🗞
Visa Partners With Transak To Allow Wallet Users To Withdraw Crypto Directly: Global payment giant Visa is partnering with Web3 infrastructure provider Transak to introduce cryptocurrency withdrawals and payments through the Visa Direct solution.
👉Details: https://coinmarketcap.com/academy/article/visa-partners-with-transak-to-allow-wallet-users-to-withdraw-crypto-directly
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🔎 CMC Research 🔎
January 2024 was an eventful month with the U.S. spot #Bitcoin ETFs approved by SEC, a historic milestone for the crypto industry.🚀
This #CMCReport further delves into the key trends and metrics over 2023, offering in-depth analysis and valuable insights into the top performing tokens, crypto exchanges, DeFi protocols, Layer-1 and Layer-2 networks, NFTs, and more.💪
👉 Details: https://coinmarketcap.com/academy/article/according-to-cmc-crypto-market-analysis-2024
🗞 CryptoNews of the Day 🗞
U.S. Treasury Secretary Janet Yellen Calls For Regulatory Oversight on Stablecoins: U.S. Treasury Secretary Janet Yellen called for swift Congressional action to address "gaps" in digital asset regulation during a House Financial Services Committee hearing on February 6.
👉Details: https://coinmarketcap.com/academy/article/us-treasury-secretary-janet-yellen-calls-for-regulatory-oversight-on-stablecoins
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🗞 CryptoNews of the Day 🗞
Dymension Launches Mainnet, Airdrops $390M to Eligible Users: The highly anticipated Dymension network launched its mainnet on Tuesday, accompanied by a massive airdrop of DYM tokens worth over $390 million.
👉Details: https://coinmarketcap.com/academy/article/dymension-launches-mainnet-airdrops-dollar390m-to-eligible-users
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🗞 CryptoNews of the Day 🗞
BTC Miner CleanSpark Expects To Double Operating Hashrate Ahead of Halving: Bitcoin miner CleanSpark is aggressively expanding its operations, aiming to double its hash rate in the first half of 2024.
👉Details: https://coinmarketcap.com/academy/article/btc-miner-cleanspark-expects-to-double-operating-hashrate-ahead-of-halving
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🗞 CryptoNews of the Day 🗞
$800M in Unlocks From Avalanche, Aptos, Optimism and More in February: February is poised to witness a series of significant token unlocks and airdrops.
👉Details: https://coinmarketcap.com/academy/article/dollar800m-in-unlocks-from-avalanche-aptos-optimism-and-more-in-february
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🗞 CryptoNews of the Day 🗞
Bloomberg: Bitcoin Spot ETF Adoption Slowed Down by Due Diligence: The adoption of spot Bitcoin exchange-traded funds (ETFs) is facing a temporary slowdown due to extensive due diligence processes conducted by major trading platforms.
👉Details: https://coinmarketcap.com/academy/article/bloomberg-bitcoin-spot-etf-adoption-slowed-down-by-due-diligence
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🗞 CryptoNews of the Day 🗞
El Salvador’s Nayib Bukele Set to be Re-elected for Second Term as President: Nayib Bukele, the pro-Bitcoin president of El Salvador, is on track to secure a second term in office, according to exit poll data released on February 5.
👉Details: https://coinmarketcap.com/academy/article/el-salvadors-nayib-bukele-set-to-be-re-elected-for-second-term-as-president
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🗞 CryptoNews of the Day 🗞
3AC Founders-Backed Exchange OPNX To Shut Down Operations by Feb. 14: OPNX, a hybrid bankruptcy claims platform and crypto exchange founded by the co-founders of failed hedge fund Three Arrows Capital (3AC), has announced its official closure.
👉Details: https://coinmarketcap.com/academy/article/3ac-founders-backed-exchange-opnx-to-shut-down-operations-by-feb-14
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🗞 CryptoNews of the Day 🗞
Binance Web3 Wallet Launches Bitcoin Inscriptions Marketplace: Binance, the world's largest cryptocurrency exchange, has announced the launch of an in-app Inscriptions Marketplace.
👉Details: https://coinmarketcap.com/academy/article/binance-web3-wallet-launches-bitcoin-inscriptions-marketplace
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🗞 CryptoNews of the Day 🗞
Former UK Finance Minister Joins Coinbase as Advisor: Former British finance minister George Osborne has joined cryptocurrency exchange Coinbase as a global advisor.
👉Details: https://coinmarketcap.com/academy/article/former-uk-finance-minister-joins-coinbase-as-advisor
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🗞 CryptoNews of the Day 🗞
High Court of Singapore Allows DeFiance Capital Suit Against 3AC To Proceed: The High Court of Singapore has rejected an application by bankrupt crypto hedge fund Three Arrows Capital (3AC) to dismiss a lawsuit brought against it by Cheong Jun Yoong.
👉Details: https://coinmarketcap.com/academy/article/high-court-of-singapore-allows-defiance-capital-suit-against-3ac-to-proceed
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🗞 CryptoNews of the Day 🗞
Ripple Chairman Chris Larsen Confirms “Personal Accounts” Were Hacked for $112.5M Worth of XRP: The XRP token experienced a sharp decline of over 5% on Wednesday following speculation that the network had been hacked, resulting in the theft of $112.5 million worth of XRP.
👉Details: https://coinmarketcap.com/academy/article/ripple-chairman-chris-larsen-confirms-personal-accounts-were-hacked-for-dollar1125m-worth-of-xrp
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🗞 CryptoNews of the Day 🗞
Spanish Embassy's X Account Found Hunting Crypto Airdrops: Spain's Embassy Twitter account unexpectedly pivots to asking crypto projects about airdrops and promotions.
👉Details: https://coinmarketcap.com/academy/article/spanish-embassys-x-account-is-hunting-crypto-airdrops
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🗞 CryptoNews of the Day 🗞
Thailand’s SEC Transitions to Crypto-Friendly Regulations With New Framework: The Securities and Exchange Commission (SEC) of Thailand is transitioning towards more crypto-friendly regulations with the publication of an updated framework earlier this month.
👉Details: https://coinmarketcap.com/academy/article/thailands-sec-transitions-to-crypto-friendly-regulations-with-new-framework
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🗞 CryptoNews of the Day 🗞
Abracadabra Finance Hit By Exploit, $6.4M Drained and MIM Stablecoin Depegs: DeFi protocol Abracadabra Finance fell victim to a significant security attack, resulting in the loss of over $6.4 million in crypto assets, according to Blocksec and Peckshield.
👉Details: https://coinmarketcap.com/academy/article/abracadabra-finance-hit-by-exploit-dollar64m-drained-and-mim-stablecoin-depegs
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