Category: Reviews

Solana-Based DeFi Protocol Jito Airdrops $225M Free Tokens to Users 

With the airdrop distribution now complete, Jito states that all claimable tokens will be available for 18 months starting on the token generation date. Jito, a decentralized finance (DeFi) liquid staking protocol based on the Solana (SOL) ecosystem, started the distribution of its long-awaited airdrop on Thursday, sharing a total of over 90 million of its native token to early birds who helped in bootstrapping the network. According to reports, the digital asset JTO, which also serves as the governance token within the protocol, was listed on many Solana-based exchanges…

Ethereum, Solana Prices Hit 19-Month High, Bitcoin Expected to Reach $50K

Santiment revealed that despite a price drop, Bitcoin can reach $50,000. Ethereum and Solana have managed to hit the highest levels in more than one year and a half.  ETH price now is $2,353 while SOL is trading at around $71. At the same time, Bitcoin (BTC) has decreased to $43,000 again. However, experts believe that there are clear indicators that may hint at $50,000 for BTC price soon. More details will be added soon. next Altcoin News, Bitcoin News, Blockchain News, Cryptocurrency News, Ethereum News Thank you! You have…

Versatus Labs Raises $2.3M to Bring World’s First Stateless Rollup

Stateless roll-up Versatus LASR represents a pure execution environment that relocates compute processes off-chain without the inherent responsibilities or expenses tied to maintaining state and storing data. On Wednesday, December 6, peer-to-peer web services protocol Versatus Labs announced its successful fundraising of $2.3 million with key investors being Republic Crypto and NGC Ventures. The fundraise happens at the company’s valuation of $50 million. Also, it will help the Versatus Labs launch Versatus LASR, the world’s first Stateless Rollup.  Versatus has successfully secured a cumulative funding of $3.7 million, receiving support from…

Surge in Price amid Subdued Interest

Despite the subdued overall interest, a group that remains consistently passionate is the die-hard Bitcoin maximalists. In recent weeks, Bitcoin price has once again captured the attention of the financial industry as it surged above $44,000, a level not seen since May 2022. However, this rally seems to lack the fervor and widespread interest that accompanied previous bull cycles, according to a Bloomberg report. Despite Bitcoin Price Growth, Interest Remain Subdued A notable indicator of the subdued interest in Bitcoin is the positioning of the Coinbase app in the Apple…

SpaceX Plans New Tender Offer, Aiming for Valuation Above $175B

SpaceX has become one of the most valuable companies in the United States, dominating the market for commercial space launch services, primarily due to the success of its Falcon rockets.  Elon Musk‘s aerospace company SpaceX is in discussions to sell insider shares via a new tender, potentially valuing the privately held firm at around $175 billion, as reported by Bloomberg on Thursday, citing people familiar with the matter. According to the report, the company plans to sell approximately $500 million to $750 million of its shares to undisclosed parties, bringing…

Spot Bitcoin ETF Talks in Advanced Stage

The SEC has been asking prospective issuers to give well-detailed descriptions of their various spot Bitcoin ETF products. It appears that from here onwards,  there’s no going back on the approval of spot Bitcoin exchange-traded funds (ETFs) in the United States. This follows after a recent Reuters report claimed that talks between the US Securities and Exchange Commission (SEC) and the asset manager applicants of the said ETFs have entered into a crucial stage. Anticipation Enters Top Gear for Spot Bitcoin ETF Approval Citing sources familiar with the matter, Reuters…

IEEE to Execute Credentialing System on Avalanche in Zupple Labs Partnership

IEEE’s influence spans a wide range of sectors, including publications, conferences, technology standards, and professional and educational activities. The Institute of Electrical and Electronics Engineers (IEEE), the world’s largest technical professional organization with over 426,000 members across 160 countries, has taken a pioneering step towards enhancing the security and efficiency of its credentialing system. In a strategic partnership with Zupple Labs, IEEE is set to implement a blockchain-based credentialing system on the Avalanche blockchain. This groundbreaking initiative aims to issue tamper-evident credentials, ensuring instant and secure verification for all IEEE…

Crypto Exchange One Trading to Roll Out New Trading Unit F.A.S.T Soon

In a bid to attract more institutional investors to the upcoming platform, One Trading plans to provide free trading on all cryptocurrency pairs listed on the exchange.  Cryptocurrency exchange One Trading, formerly known as Bitpanda Pro, has announced plans to introduce its new trading venture that aims to offer users swift digital asset trading experience in the coming weeks. Scheduled to debut at an undisclosed date in the next few weeks, the company said its F.A.S.T platform will address the scalability challenges experienced in other crypto platforms and offer users…

Sotheby’s Makes Historic Leap into Bitcoin NFT Realm through Shroomtoshi’s Ordinals Art Auction

BitcoinShrooms uses pixelated art from the 1980s that is permanently stored on the Bitcoin blockchain through the Ordinals protocol. Venturing into the world of Bitcoin NFT artwork, the renowned auction house Sotheby’s introduces its first-ever sale titled “Bitcoin Ordinals”, featuring pixel art by an anonymous crypto artist known as Shroomtoshi. This one-of-a-kind auction, which runs until December 13th, features three exclusive pieces from Shroomtoshi’s captivating “Bitcoin Shrooms” series. Shroomtoshi blends technical expertise with artistic expression in a manner similar to Bitcoin’s mysterious creator Satoshi Nakamoto. Their collection embodies BTC’s fundamental…

Namada Launches RPGF Airdrop, Releasing 65M $NAM Tokens to Community

Anoma Foundation’s Namada launches its RPGF airdrop to eligible participants on the network. In a press release this Wednesday, Anoma Foundation, the parent developer of the Namada ecosystem, announced its Namada RPGF (Retro Public Good Funding) airdrop for communities and individuals who helped in building and funding public goods. The RPGF Drop aims to disburse 65M $NAM tokens (6.5% of total supply) to eligible participants starting on 6th December 2023 and ending on 28th December 2023 at 9 AM UTC. Eligible contributors and participants can start to claim their tokens…