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Crypto Morning Briefing: Arbitrum Users Claim 42M ARB Tokens in First Hour of Airdrop

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Polygon Labs Prez Supports Coinbase: Crypto To Grow Without US

Ryan Wyatt, president at Polygon Labs, came out in support of Coinbase in the wake of the U.S. Securities and Exchange Commission’s (SEC) regulatory action on the crypto exchange. The SEC had on Wednesday issued a Wells Notice to the exchange over doubts about the listed digital assets, their staking services, among other things.

XRP Ledger Foundation Releases Updated UNL Now Boasting 36 Validators

The XRP Ledger Foundation (XRPLF) has updated its Unique Node List (UNL), increasing the number of validators trusted by the foundation from 34 to 36.

Coinbase Tries AI Assistant Chatgpt for Pre-Listing Risk Assessment of Tokens

Crypto exchange Coinbase has tested Openai’s Chatgpt as a token verification tool comparing it with its standard security procedure. In over half of the cases, the AI platform produced the same results as the manual review, but it also failed to recognize some high-risk assets.

Arbitrum Users Claim 42M ARB Tokens in First Hour of Airdrop

Over 42 million arb tokens were claimed in the first hour as Arbitrum's much-anticipated token airdrop went live on Thursday, Nansen data shows.

Terra (LUNA) Price Tumbled 8%, Terra Classic (LUNC) 4% After Do Kwon Arrest

Terra (LUNA) price tumbled 8% after reports on Terra co-founder Do Kwon’s arrest reached the Terra community. Surprisingly, Terra Classic (LUNC) price also fell steeply by 4% despite Do Kwon and the community separating after the Terra-LUNA crisis.

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $28,293.94 3.05% USD, jumped by 3.05% in the last 24 hours;

ETH’s live price is $1,816.35 USD, jumped by 4.41% in the last 24 hours;

BNB’s live price is $329.25 USD, jumped by 1.75% in the last 24 hours;

XRP's live price is $0.44 USD, jumped by 3.78% in the last 24 hours.

Fundraising News

New Crypto Presale Love Hate Inu Raises $1.5m, Less Than 48 Hours Before Stage 2 Sells Out

With less than 48 hours until the conclusion of Stage 2 of its presale, Love Hate Inu ($LHINU), the Vote-to-Earn meme coin, has successfully raised $1.5 million in funding.

Animoca Brands Backs Metaverse Construction Company LandVault

The leading metaverse development brand LandVault confirmed its latest funding round of $37M led by Animoca Brand’s The Sandbox, Softbank, and Kingsway Capital. Over the past two years, the group has innovated metaverse infrastructure with partners such as Heineken, L’Oreal, and Mastercard. LandVault aims to use the funds to continue its Web3 expansion and hubs located across three continents.

Layer 1 Developer Radix Reaches $400 Million Valuation in New Token Round

Radix, a Layer 1 blockchain network that claims to provide a "radically" better developer and user experience, said Thursday it reached a $400 million valuation in a new $10 million funding round.

Bitcoin Bitcoin $84,020.53
-0.25%
Coinbase Crypto AI LUNA Do Kwon
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