The global crypto market cap is $2.01T 3.79%▲ with a 24-hour market volume of $88.21B 13.39%▼. Bitcoin's dominance is currently 40.37% 0.50%▼. CURRENT PRICES BY MARKET CAP | # | Name | Price | 24h % | | 1 | Bitcoin BTC | $42,716.69 | 2.29% ▲ | | 2 | Ethereum ETH | $3,230.24 | 4.80% ▲ | | 3 | Binance Coin BNB | $460.75 | 8.60% ▲ | | 4 | Solana SOL | $141.49 | 4.58% ▲ | | 5 | Cardano ADA | $1.19 | 4.46% ▲ | Source: CoinMarketCap, 5:00 EST
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 Early NFT project CryptoSkulls saw a 265,000% spike in trading volume over the past week. The project saw a total of 4,233 ETH traded in the last 24 hours, overtaking Bored Ape YC and Axie Infinity in total daily volume. More: - CryptoSkulls is a collection of 10,000 NFTs that launched in May 2019 on the Ethereum blockchain, making it the second 10,000 pfp collection to launch following CryptoPunks.
- The project’s floor price has moved from 0.05 ETH over the weekend to its current floor of above 0.9 ETH.
- The late rise in popularity of CryptoSkulls comes as NFT Now’s Matt Medved, NFT archeologist Leonidas and Gary Vaynerchuk all expressed support for the project.
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 TOP NFT COLLECTIONS (24hr Volume) | # | Name | 24h Volume | 24h % | | 1 | Meebits ETH | $43.16M | 7,883% ▲ | | 2 | CryptoSkulls ETH | $13.14M | 100% ▲ | | 2 | Loot ETH | $8.70M | 18,858% ▲ | | 4 | Bored Ape YC ETH | $7.84M | 2.08% ▼ | | 5 | PhantaBear ETH | $6.27M | 36.69% ▼ | Source: DappRadar, 5:00 pm EST
TOP ETH NFT COLLECTIONS (Floor Cap) | # | Name | Floor Price (ETH) | 24h % | | 1 | Bored Ape YC | Ξ 76.94 | 1.36% ▼ | | 2 | CryptoPunks | Ξ 60.69 | 0.43% ▼ | | 3 | Mutant Ape YC | Ξ 15.25 | 0.97% ▼ | | 4 | VeeFriends | Ξ 13.49 | 1.17% ▼ | | 5 | Clone X | Ξ 5.58 | 5.08% ▲ | Source: NFT Price Floor, 5:00 pm EST
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 NFT Marketplace LooksRare saw $110M in transactions on its first day. OpenSea’s trading volume sank to $170M on the same day, down $91M from the day before. More: - LooksRare is an NFT marketplace that utilizes its native LOOKS token as a reward mechanism for traders and collectors.
- The marketplace airdropped LOOKS to OpenSea users who spent at least 3 ETH on OpenSea between June 16 and Dec. 16 ahead of its launch.
- Around 185,000 Ethereum wallets were eligible for the airdrop, and 74 million LOOKS have already been claimed.
- LooksRare is shaping up to be a legitimate rival against OpenSea, which has maintained a supermajority over the NFT marketplace market share for the past year.
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 🍋 Fresh Funding 🍋 Lootex, NFT/GameFi: $9M ⮕ The seed funding round was led by Spartan Capital Infinity Ventures and LD Capital with participation from Polygon Studios, Morningstar Ventures, and others. More: - Lootex is a multi-chain NFT marketplace for in-game, NFT-based items.
- The fresh funding will be used to further develop the trading platform and onboard new collections to its ecosystem.
- Lootex has already partnered with over 50 blockchain-based games, including Olympus Royale and RPS League, and is home to over 500 different NFT collections.
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▲ TOP GAINERS | # | Name | Price | 24h % | | 1 | Oasis Network ROSE | $0.4338 | 19.92% ▲ | | 1 | NEAR Protocol NEAR | $18.03 | 19.60% ▲ | | 3 | Fantom FTM | $2.56 | 14.78% ▲ | | 4 | Polygon MATIC | $2.34 | 13.59% ▲ | | 5 | WOO Network WOO | $1.02 | 10.27% ▲ | ▼ TOP LOSERS / ▲ LEAST GAINERS | # | Name | Price | 24h % | | 1 | Chainlink LINK | $26.38 | 4.15%▼ | | 2 | Dash DASH | $143.62 | 0.76%▼ | | 3 | Unus Sed Leo LEO | $3.73 | 0.11%▼ | | 4 | Internet Computer ICP | $33.91 | 0.22%▲ | | 5 | Quant QNT | $169.29 | 0.78%▲ | Source: CoinMarketCap, 5:00 EST
*Limited to cryptocurrencies in the Top 100
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 NFT minting platform Lympo was targeted by an $18.7M hot wallet hack. The hacker was able to take 165.2M LMT tokens from the Animoca Brands subsidiary. More: - Lympo posted an update confirming the attack and stating that they will be removing LMT from liquidity pools.
- The majority of the stolen LMT were held by a single address before being traded for ETH on Uniswap and Sushiswap.
- LMT’s price plummeted 92% to $0.0093 in the fallout of the attack.
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 A message from LOHIKA Learn Why Web3 Matters to Your Business. Web3 is the next evolution of the Internet. If Web 2.0 was about user-generated content and social media platforms, Web3 is about decentralized services powered by the blockchain. Smart contracts and NFTs are Web3 technologies that run on the blockchain. Lohika is hosting an online event with our friends from Refresh Miami. We gathered a panel of Web3 experts that will explain what blockchain, smart contracts and NFTs are, then discuss related business opportunities in the present and future. The panel: Join us on January 26, 2022 at 10am PT / 1pm ET. Register Here
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The Associated Press (AP) will launch its own NFT marketplace on Jan. 31. The marketplace will sell NFT versions of the AP’s photographs taken over the past 175 years. More: - The AP NFT Marketplace was developed by blockchain firm Xooa and will mint NFTs on the Polygon (MATIC) blockchain.
- Credit card payment integration will be supported for the marketplace, and Fortmatic, Binance, and Coinbase support is expected over the course of the next year.
- The use of NFTs among news agencies and media outlets has become increasingly more common, with CNN, the New York Times, and Quartz all launching their own NFT collections.
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- Ethereum-compatible smart contract parachain Moonbeam went live on Polkadot (DOT).
- TaxBit launched a network for CeFi users to connect their crypto accounts and generate a transaction history for tax purposes.
- Ethereum Push Notification Service (EPNS) launched today, aiming to create a smart contract-user communication primitive for web3.
- LinksDAO Global Membership NFTs jumped nearly 2 ETH after Golden State Warriors guard Steph Curry purchased a membership.
- A solo bitcoin (BTC) miner with a hashrate of 120 TH/s (0.0000007% of Bitcoin's hash rate) added a valid block to the Bitcoin network, receiving a reward of 6.25 BTC ($265,000).
- Coinbase added Goldfinch Protocol (GFI) to its list of tradable assets.
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 |  | Griffin McShane is a New York transplant currently living in Brooklyn, NY. He is a graduate of Providence College, where he studied both computer science and business, and the University of Maine School of Law, where he earned his JD. Beyond his work at Inside, Griffin has written articles for CoinDesk and is a member of the International Association of Privacy Professionals (IAPP). |  | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 Ford. | |
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