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The popular AI framework Virtuals Protocol will host an in-person meet-up in Hong Kong on Friday, January 17.

2025.01.10 18:03:17

The popular AI framework Virtuals Protocol will host an in-person meet-up in Hong Kong on Friday, January 17.

Co-hosted by Animoca Brands, 706 Youth Space, and IDA, with support from Followin, Amber.ac, and Lookonchain, the event will feature the Virtuals Protocol team discussing the revolutionary impact of AI Agents.

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Polymarket, Hyperliquid, and Others Make the 2026 Forbes Fintech 50

On February 20, 2026, Forbes unveiled its 11th annual Fintech 50 list, forecasting that crypto market platforms Polymarket (which has raised $2.3 billion), Securitize ($425 million), Phantom ($2.68 billion), Ledn ($1.07 billion), and Hyperliquid (no funding raised) will rank among the top five cryptocurrency companies. While crypto industry valuations are viewed as more conservative than those of AI startups, the sector still boasts innovation and strong growth potential. Per CB Insights data, total fintech private funding hit $53 billion in 2025—down from $152 billion in 2021 but marking the first year of growth in four years.

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Binance Alpha Launches Second Round of TRUTH Airdrop with a Threshold of 251 Alpha Points

On February 20, Binance Alpha kicked off the second round of its Swarm Network (TRUTH) airdrop. Users with at least 251 Binance Alpha Points can claim 3,333 TRUTH tokens on a first-come, first-served basis. If rewards aren’t fully distributed, the points threshold will automatically drop by 5 points every 5 minutes. Claiming this airdrop costs 15 Binance Alpha Points. Users must confirm their claim on the Alpha event page within 24 hours—otherwise, they’ll forfeit the airdrop.

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Analysis: Ethereum Whale in Overall Unrealized Loss, Potentially Forming Mid-Term Bottom

On February 20th, CryptoQuant analyst Darkfost noted that Ethereum whales are facing pressure, with the ongoing ETH pullback impacting all investors. Right now, the unrealized profit/loss (P/L) for these whales has flipped negative: - Holders of 1,000–10,000 ETH: -0.21% - Holders of 10,000–100,000 ETH: -0.18% - Holders of 100,000+ ETH: -0.08% Should ETH extend its decline, these whales could face mounting pressure—and may even be forced to capitulate by offloading large positions. That said, ETH is still holding steady in a critical range; historically, similar pressure periods have often coincided with the formation of mid-term bottoms.

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BIO Surges Over 41% in 24 Hours, Currently Trading at $0.0328

As of February 20th, HTX market data shows BIO has surged more than 41% over the past 24 hours, currently trading at $0.0328.

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Pre-market Crypto Stocks Surge, Robinhood Up 1.92%

February 20th — Crypto-related U.S. stocks were broadly higher in pre-market trading, per Bitget market data. Notable movers include: Robinhood (+1.92%), Circle (+1.81%), Coinbase (+1.77%), Argo Blockchain (+1.75%), and Marathon Patent Group (+1.63%).

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Tennessee Judge Approves Preliminary Injunction Blocking State From Taking Enforcement Action Against Kalshi

On February 20th, The Block reported that prediction market platform Kalshi has secured a preliminary injunction in Tennessee, barring state officials from enforcing its sports-related event contracts under the state’s gambling laws. In a Thursday ruling, U.S. District Court Judge Aleta A. Trauger sided with Kalshi on key issues, finding the company is likely to prevail in its lawsuit by arguing its sports event contracts qualify as “futures” under the Commodity Exchange Act. The injunction applies to relevant state officials, prohibiting them from taking enforcement action against Kalshi under Tennessee’s sports gambling laws while the litigation is pending.

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