🦎🚀 The launch date is finally here! 🪐

Tuesday, January 16, 2024

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Crypto's New Unicorn

HashKey Group, the operator of the Hong Kong-based crypto exchange, has nearly achieved its $100 million fundraising target.

The fundraising round was announced in August, shortly after HashKey obtained a license from Hong Kong's security regulator to provide retail crypto trading.

The firm, which did not disclose the investors in the round, now holds a post-raise valuation of $1.2 billion, granting it "unicorn" status.

In other news, Jupiter has announced the launch date of its token airdrop, TrueUSD has lost its $1 peg, and Google Cloud has become a validator for Flare.

Read on!

Web2 Brands Leading Fashion NFTs

21 out of the top 50 fashion brands worldwide have NFTs, or slightly below half (42%).

Adidas, Nike, and Puma ranked as the top 3 brands by NFT collections, suggesting that sportswear brands are leading the traditional fashion industry's adoption of NFTs.

Watch now!

24h Hot Searches Worldwide 🔥

Inspect (+19.8%)
Xai (+24.7%)
Open Campus (+7.1%)
Celestia (-4.2%)
Bounce (+24.4%)
Tectum (-0.2%)
Sei (+9.5%)

Many common mistakes during the bull run can cost your portfolio. Learn our top tips on how not to fumble a bull run!

Watch now!

Jup-uary

Solana-based DEX aggregator Jupiter has officially scheduled the launch date and time for its highly anticipated token airdrop.

The airdrop, which will distribute one billion newly created JUP tokens to Solana DeFi users, is set to commence on January 31 at 10:00 am EST, as per the announcement made by Jupiter's pseudonymous founder, Meow.

Decrypt

Not So True For Now

The stablecoin TrueUSD experienced a drop below its $1 peg on Tuesday morning in Asia, accompanied by increased selling volume on Binance.

The decline is attributed to panic among TUSD holders due to uncertainties related to its reserves and instability linked to the recent hacking incident targeting Poloniex.

The Block

Cloud-Flare

Google Cloud, the cloud division of tech giant Google, has become a validator and infrastructure provider for the Flare blockchain.

Google Cloud is among 100 organizations adopting a dual role, both securing the network as a validator and contributing to the Flare Time Series Oracle (FTSO).

This move strengthens Google Cloud's involvement in blockchain technology and decentralized networks.

CoinDesk

If you've ever wanted to build a Twitter bot (X bot), look no further.

In 4 easy steps, learn how to build your own Twitter bot that tweets crypto price movements – specifically, the top 5 NFTs by trading volume, their respective floor price and 24-hour percentage change.

Learn more

The artificial intelligence industry has been making headlines lately, for reasons good and bad. In this week's report we'll be covering a handful of existing applications attempting to leverage both artificial intelligence and blockchain technology, along with some information concerning the future of these apps and the artificial intelligence industry in the years to come.

Learn more

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