Mind The Block | January Week 1

Mind The Block: Your Weekly Dose of Web3 News and Insights

Mind The Block Headlines This Week

  • Binance launches Solv Protocol (SOLV) Megadrop
  • MEXC adds Euro fiat to OTC trading
  • WadzPay gets VASP license from VARA
  • Bio Protocol raises $65M, $220M FDV
  • JPMorgan sees gold, Bitcoin hedge inflation
  • Immutable unveils “Perpetual Rewards” for 2025
  • Dogecoin’s MVRV hits 4-year high
  • Understanding the basics of Crypto Trading

News

  • Binance has announced the launch of the Solv Protocol (SOLV) Megadrop, a Bitcoin staking protocol.
  • SmartOSC and Avalanche have partnered to introduce Vietnam’s first blockchain loyalty program.
  • MEXC has launched its first-ever Launchpool project, Xterio (XTER), with staking rewards and exclusive activities starting January 6.
  • WhiteBIT, a European cryptocurrency exchange, has achieved Level 3 certification under the Cryptocurrency Security Standard (CCSS).
  • Sanctum plans to launch staking for its governance token, CLOUD, later this month.
  • Hamster Kombat is reportedly considering a partnership with TYCHO, a blockchain protocol known for its high-performance capabilities.
  • Xenea, an EVM-compatible Layer 1 blockchain, focuses on long-term token and data storage solutions for Web3 applications.
  • Solana, the first blockchain to develop a quantum-resistant vault, uses Winternitz One-Time Signatures (WOTS) to protect user funds.
  • Galxe, web3’s largest onchain distribution platform, has launched Galxe Earndrop.

Extras By Mind The Block

  • Stacknova AI, the world’s first AI-powered Bitcoin launchpad, is launching globally, combining advanced AI tools with Bitcoin’s Stacks Layer 2 technology.
  • Firefly and RootData have partnered to merge their social and data platforms to enhance Web3 exploration.
  • Bithumb Meta, South Korea’s cryptocurrency exchange, has rebranded into Bithumb Partners, focusing on investment operations.
  • Seraph Foundation unveils SERAPH tokenomics, a pioneering AI-powered Web3 gaming experience.
  • Injective and SVM Sonic are collaborating to launch the Smart Agent Hu.
  • Maxbid Pro 2.0, a decentralized leverage trading platform for meme coins, has introduced new features to simplify trading and enhance user experience.
  • Rango Exchange has successfully deployed advanced smart contracts across 24 blockchains without downtime.
  • Calamos Investments is launching a Bitcoin ETF with 100% downside protection, CBOJ, set to debut on the Chicago Board Options Exchange on January 22.
  • Colle AI has launched its iOS app, revolutionizing Web3 with a seamless mobile experience for creating, trading, and managing NFTs across multiple blockchains.
  • Cyclean and Arbipad have partnered to launch Cyclean’s Initial DEX Offering (IDO) on Arbipad, a global digital asset exchange.

Major Companies Making Moves

  • MEXC has expanded its Over-the-Counter (OTC) trading services to include Euro fiat trading, enhancing accessibility for European users.
  • GSR has secured UK FCA approval as a registered crypto asset business, solidifying its leadership in global crypto markets.
  • HashKey Global has completed the integration of $HSK on the HashKey Chain.
  • Strive Asset Management, co-founded by Vivek Ramaswamy, has filed with the US Securities and Exchange Commission for a Bitcoin Bond ETF.
  • Nokia has filed a patent application in China for a device that encrypts and indexes digital assets.

Government, SEC & Regulation

  • Europe’s Markets in Crypto-Assets Regulation (MiCA) is a significant step forward for the cryptocurrency industry.
  • Turkey has implemented a new regulatory framework for the digital asset sector, tightening anti-money laundering (AML) regulations.
  • MoonPay, BitStaete, ZBD, and Hidden Road have secured Markets in Crypto Assets (MiCA) licenses in the Netherlands.
  • China’s People’s Bank of China (PBOC) has emphasized global efforts to regulate digital assets in its 2024 financial stability report.
  • WadzPay has secured a VASP license from Dubai’s Virtual Assets Regulatory Authority (VARA).
  • Canada’s Prime Minister Justin Trudeau resigns, allowing the conservative party’s pro-Bitcoin leader to replace him in the upcoming 2025 federal election.
  • Chilean lawmakers are advocating for legislation to establish a Strategic Bitcoin Reserve (SBR), according to mining lobbyist Andrés Villagrán.
  • Former SEC lawyer Marc Fagel claims a settlement in the Ripple SEC case is likely due to the penalty on hold pending appeal.
  • Vietnamese police arrested four individuals for orchestrating a crypto scam, defrauding over 200 victims of $157,300 through fake crypto-mining schemes.
  • Guangzhou’s Municipal Financial Work Committee has released an action plan for 2025 to expand the adoption of the digital yuan in public services and trade.

Raises & Major Investments rounds

  • Bio Protocol, a decentralized science funding platform, raised $65M in a Public sale round, with a $220M FDV.
  • Bitcoin rewards platform Fold closed $20M convertible note financing from ATW Partners.
  • Stablecoin payments infrastructure platform AlloyX Limited raised $10M in a Series A funding round from Solowin, Arbitrum Foundation, and Offchain Labs.
  • Lightchain AI has raised $9 million, accelerating towards 2025 with its Testnet release.

Trends & Narrative

  • JPMorgan predicts that the “debasement trade” in gold and Bitcoin will likely persist as investors seek to hedge against geopolitical uncertainty and inflation.
  • Bitwise CEO Hunter Horsley believes tokenization could revolutionize equity markets by making it easier for companies to go public and issue shares.
  • Vitalik Buterin urges the crypto industry to collaborate with non-cryptotech companies and communities to increase acceptance and build bridges with decentralized projects.
  • Atoma CEO Hisham Khan believes decentralization can enable AI to achieve full privacy and verifiability, accelerating Web3 innovation.
  • Web3 is reshaping the industry by embracing the feminine community’s potential.

NFTs, Gaming, Metaverse

  • Immutable is set to introduce a new feature called “Perpetual Rewards” in 2025.
  • PUBG creator Brendan Greene has revealed plans for a new metaverse called Artemis, which may incorporate blockchain technology.
  • MetaHub Global and Fruit Ton have partnered strategically to combine blockchain technology, gaming, and innovation in the TON blockchain ecosystem.
  • South Korea’s Jeju Island plans to issue non-fungible token (NFT) tourist cards to attract young tourists, particularly millennials and Gen Z South Koreans.
  • Ginoa.io has partnered with Aipocalypto to advance the Web3 gaming sector by combining blockchain and AI technologies.
  • Holiverse aims to revolutionize personalized health by providing a personalized health map based on individual blueprints rather than generic advice.
  • Pentagon Games has partnered with Tron DAO to create a 3D digital world on the Tron network.

Onchain Data

  • Dogecoin’s MVRV reached its highest in four years, indicating the potential for a continued upward trend.
  • INJ’s bullish breakout signals strong momentum, with the cryptocurrency targeting $33.34 and $50.
  • Sui Network’s $SUI token surged 26% over the past seven days, reaching $5.20, making it one of the best cryptocurrencies in 2025.
  • WLD/USDT price stabilizes in the disbelief phase, signaling potential growth.
  • Mog Coin experienced a 36.39% surge in the past week, reaching a local high of $0.00000297.

Educational Guides and Tips from Mind the Block

  • Understanding the Basics of crypto trading: Popular crypto trading strategiesand advanced crypto trading strategies.
  • Gold ETF vs Bitcoin ETF: Pros, cons, and key differences explained.
  • Who is shytoshi kusama? Background on the brains behind Shiba Inu.
  • How can you easily earn passive income every day with BTC?
  • USDT vs USDC: Which Stablecoin Offers Cheaper Fees?

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