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Welcome to our official updates, news, and content-only channel! To chat with the community, head to @CoinMarketCap (https://coinmarketcap.com/alexandria/article/coinmarketcap-official-social-channels)

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CoinMarketCap Announcements

🎨 Most Innovative Gaming & NFT Project

The NFT & Gaming projects at the forefront of community engagement and utility.

The contenders are…

1. Blur
2. Pudgy Penguins
3. BendDAO
4. Big Time
5. Immutable


🗳Vote Now!: https://coinmarketcap.com/events/crypto-awards-2024-nft-gaming

The Most Innovative NFT & Gaming Project award is presented in partnership with Animoca Brands - a global leader in gamification and blockchain with a large portfolio of over 400 investments in Web3 projects.

#CMCCryptoAwards2024

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CoinMarketCap Announcements

Lights, Camera, Crypto! ⚡️📸🚀

We are excited to announce the first CoinMarketCap Crypto Awards, an annual event that honors the exceptional people, products and projects shaping Crypto & Web3.

🏆 Award Categories

With your help, we will recognize outstanding achievements across 8 categories:

🏆 Crypto of the Year
🤣 Meme Coin of the Year
🌉 Bridge Builder of the Year
🗣️ Social Influencer To Watch
🧠 Crypto Leader of The Year
💡 Most Innovative DeFi Project
🎨 Most Innovative NFT & Gaming Project
⛓️ Most Innovative L1/L2/Cross-Chain Project

Mark March 6th in your calendars for the Awards Ceremony, to be streamed live on CMC and YouTube.

And dont forget to Enter the #CMCCryptoAwards2024 competition today and get the chance to win extra prizes! 🎁

👉Details: https://gleam.io/competitions/QIJ1M-cmc-crypto-awards-2024

Stay tuned to our social channels and website for daily nominee videos and to cast your votes!

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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

Stablecoin Issuer Circle Will Stop Minting USDC on Tron Network: Circle, the issuer of the popular USD Coin (USDC) stablecoin, announced on February 20 that it will be discontinuing support for USDC on the Tron blockchain.

👉Details: https://coinmarketcap.com/academy/article/stablecoin-issuer-circle-will-stop-minting-usdc-on-tron-network

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CoinMarketCap Announcements

🔎 #CMCResearch: A deep dive into #USDD, a decentralized stablecoin aiming to offer crypto stability 🔎

Launched by TRON DAO Reserve, USDD is multi-chain, fast, and over-collateralized, promising users a digital currency that's both reliable and widely usable.

Discover how USDD maintains its peg and its future in on-chain finance 💪

👉Details: https://coinmarketcap.com/academy/article/deep-dive-on-usdd-decentralized-usd-stablecoin

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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

ARK Invest Sells $90M Worth of Coinbase Shares Despite Stellar Earnings, Analyst Upgrades: ARK Invest, a prominent investment firm led by Cathie Wood, sold nearly half a million shares of Coinbase Global (COIN) for roughly $90 million last Friday.

👉Details: https://coinmarketcap.com/academy/article/ark-invest-sells-dollar90m-worth-of-coinbase-shares-despite-stellar-earnings-analyst-upgrades

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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

ETH’s Monthly Gains Reaches 28% as Ethereum Dencun Upgrade Nears: Ethereum is experiencing a bullish run, climbing nearly 4% in a single day and boasting a 28% increase since the start of February.

👉Details: https://coinmarketcap.com/academy/article/eths-monthly-gains-reaches-28percent-as-ethereum-dencun-upgrade-nears

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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

Honduras Financial Regulator Restricts Banks From Dealing in Crypto: The Honduran financial system has slammed the brakes on cryptocurrencies.

👉Details: https://coinmarketcap.com/academy/article/honduras-financial-regulator-restricts-banks-from-dealing-in-crypto

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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

Solana-based Backpack Exchange Reaches $1B Daily Trading Volume 5 Days After Launching Pre-Season: The Solana-based Backpack crypto exchange has made a splash in its pre-season beta launch, racking up $1 billion in trading volume on February 18, according to the exchange's official X post.

👉Details: https://coinmarketcap.com/academy/article/solana-based-backpack-exchange-reaches-dollar1b-daily-trading-volume-5-days-after-launching-pre-season

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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

ApeCoin DAO Choses Layer-2 Network Arbitrum To Build ApeChain: The highly anticipated "ApeChain," a dedicated blockchain for the Bored Ape Yacht Club (BAYC) ecosystem, has chosen leading layer-2 network Arbitrum.

👉Details: https://coinmarketcap.com/academy/article/apecoin-dao-choses-layer-2-network-arbitrum-to-build-apechain

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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

Bitcoin Reaches New Highs Against Yen as Economic Weakness Causes Weak Yen: On February 5, Bitcoin hit a record high of 7.9 million yen on the Tokyo-based bitFLYER exchange, while its dollar price hovered around $52,000, significantly below its November 2021 peak.

👉Details: https://coinmarketcap.com/academy/article/bitcoin-reaches-new-highs-against-yen-as-economic-weakness-causes-weak-yen

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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

Coinbase Stock Rallies 14.2% After Beating Earnings: US-based cryptocurrency exchange Coinbase saw a 12.7% after-hours stock surge after its Q4 earnings report exceeded expectations.

👉Details: https://coinmarketcap.com/academy/article/coinbase-stock-rallies-142percent-after-beating-earnings

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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

Citi Partners With Ava Labs To Complete Proof-of-Concept for Tokenizing Private Equity Funds: Citigroup, alongside other financial institutions like Wellington Management, ABN AMRO and WisdomTree, has completed a successful proof-of-concept for tokenizing private equity funds.

👉Details: https://coinmarketcap.com/academy/article/citi-partners-with-ava-labs-to-complete-proof-of-concept-for-tokenizing-private-equity-funds

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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

StarkNet Foundation Announces STRK Airdrop, Over 1.3M Wallets Eligible: The Starknet Foundation has announced the airdrop of its STRK token to nearly 1.3 million wallets in the largest initial distribution by eligible addresses so far.

👉Details: https://coinmarketcap.com/academy/article/starknet-foundation-announces-strk-airdrop-over-13m-wallets-eligible

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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

BONK Surges 13% Following Potential Revolut Learn & Earn Deal: Solana-based memecoin Bonk (BONK) jumped 13% after news broke of a potential partnership with European fintech giant Revolut.

👉Details:https://coinmarketcap.com/academy/article/bonk-surges-13percent-following-potential-revolut-learn-and-earn-deal

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CoinMarketCap Announcements

🔎 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

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CoinMarketCap Announcements

🏆 Crypto of the Year

Which cryptocurrencies have made the most impact in the last year, regardless of market cap?

Envelope, please... ✉️

1. Ripple - $XRP
2. Solana -
$SOL
3. Chainlink -
$LINK
4. Ethereum -
$ETH
5. Toncoin -
$TON

Who's community is the loudest? 👇

🗳Cast your vote now: https://coinmarketcap.com/events/crypto-awards-2024-crypto

The Crypto of The Year award is presented in partnership with BingX - your global crypto trading platform since 2018, empowering over 10 million investors.

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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

StarkNet Airdrops Token Despite Controversies Over Allocation: Starknet, a highly anticipated Ethereum layer-2 solution, launched its STRK token and airdrop on February 20, distributing millions of STRK tokens.

👉Details: https://coinmarketcap.com/academy/article/starknet-airdrops-token-despite-controversies-over-allocation

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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

ETH Reaches $3,000 For First Time Since April 2022: Ethereum (ETH), the Ethereum network's native token, surged past $3,000 for the first time since April 2022, extending its recent winning streak.

👉Details: https://coinmarketcap.com/academy/article/eth-reaches-dollar3000-for-first-time-since-april-2022

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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

Hong Kong’s Traditional Brokerages Keen To Obtain Virtual Asset License: Hong Kong's crypto market is experiencing a surge of interest from established financial institutions, eager to capitalize on the booming demand for digital assets.

👉Details: https://coinmarketcap.com/academy/article/hong-kongs-traditional-brokerages-keen-to-obtain-virtual-asset-license

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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

Sui’s Total Value Locked Nears $600M, With $310M Inflow in the Past Month: Sui, a layer 1 blockchain built by former Meta employees, has witnessed a dramatic surge in total value locked (TVL) this month.

👉Details: https://coinmarketcap.com/academy/article/suis-total-value-locked-nears-dollar600m-with-dollar310m-inflow-in-the-past-month

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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

Ronin-based Game PIXEL Enters Top Ten Most-Traded Token After Debut: The PIXEL token, launched Monday on Binance for the popular Ethereum game Pixels, has exploded in popularity, racking up over $1.3 billion in trading volume.

👉Details: https://coinmarketcap.com/academy/article/ronin-based-game-pixel-enters-top-ten-most-traded-token-after-debut

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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

Decentralized Exchange FixedFloat Exploited for $26M in BTC and ETH: Decentralized exchange FixedFloat fell victim to a hack, losing at least $26 million worth of Bitcoin and Ethereum.

👉Details: https://coinmarketcap.com/academy/article/decentralized-exchange-fixedfloat-exploited-for-dollar26m-in-btc-and-eth

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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

Sam Altman’s Worldcoin Wallet App Hit 1M Daily Users as WLD Rallies: Worldcoin (WLD), the cryptocurrency project co-founded by OpenAI CEO Sam Altman, has surged over 140% in the past week, coinciding with its user base surpassing 1 million daily users.

👉Details: https://coinmarketcap.com/academy/article/sam-altmans-worldcoin-wallet-app-hit-1m-daily-users-as-wld-rallies

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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

Klaytn Merges With Finschia, Launches New Foundation in Abu Dhabi: South Korea's Klaytn and Abu Dhabi's Finschia blockchains have finalized a merger, paving the way for the creation of "Project Dragon."


👉Details: https://coinmarketcap.com/academy/article/klaytn-merges-with-finschia-launches-new-foundation-in-abu-dhabi

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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

Spain’s Largest Telecom Provider Partners With Chainlink To Prevent Sim Swap Attacks: Telefónica, the Spanish telecom giant, is teaming up with Web3 oracle provider Chainlink to bolster security against SIM swap attacks.

👉Details: https://coinmarketcap.com/academy/article/spains-largest-telecom-provider-partners-with-chainlink-to-prevent-sim-swap-attacks

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CoinMarketCap Announcements

🔎 #CMCResearch 🔎

CoinMarketCap and IoTex dive into Decentralized Physical Infrastructure Networks (DePIN) and the technology stack of modular layers that compose the DePIN ecosystem.🔗

By leveraging crypto-economic rewards, DePINs encourage community-driven growth, fundamentally altering our approach to constructing and understanding our environment.🚀

👉 Details: https://coinmarketcap.com/academy/article/the-modular-depin-infrastructure-a-comprehensive-overview

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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

Bankruptcy Judge Allows Genesis To Liquidate $1.3B Worth of GBTC Stock: A New York bankruptcy judge has granted Genesis Global Holdco permission to liquidate roughly $1.3 billion worth of Grayscale Bitcoin Trust (GBTC) shares to compensate investors.

👉Details: https://coinmarketcap.com/academy/article/bankruptcy-judge-allows-genesis-to-liquidate-dollar13b-worth-of-gbtc-stock

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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

Bitcoin Futures Open Interest Hits Highs of November 2021 as BTC Surge Past $52,000: The notional open interest of Bitcoin futures contracts has climbed to a 26-month high of $21 billion, fueling optimism about the leading cryptocurrency's recent price rally.

👉Details: https://coinmarketcap.com/academy/article/bitcoin-futures-open-interest-hits-highs-of-november-2021-as-btc-surge-past-dollar52000

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CoinMarketCap Announcements

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&gt;

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CoinMarketCap Announcements

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

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