BlackRock increased Bitcoin balance to 82,515 BTC for its Bitcoin ETF.
https://www.ishares.com/us/products/333011/ishares-bitcoin-trust
🔥Bitcoin has reached $47.6K.
BTC is now trading at ~$47,360.
https://dropstab.com/coins/bitcoin
BlackRock's portfolios might be getting more bitcoin in coming years.
https://www.wsj.com/livecoverage/stock-market-today-dow-jones-earnings-02-08-2024/card/blackrock-s-rick-rieder-talks-bitcoin-with-wsj-s-take-on-the-week-HqJNsb92geninqxoD1qb
Arthur Hayes has introduced a new article "Points Guard".
The essay is about the development of ownership structures and funding methods in the cryptocurrency world. It introduces the concept of "points" as a new way of user engagement and fundraising.
https://cryptohayes.substack.com/p/points-guard
Crypto Market Daily Review ☀️
The market is growing. Market cap is $1.77T. Bitcoin is trading at $46.1K
dropstab | icodrops | twitter | telegram
Polygon Labs, in collaboration with Toposware, has developed a highly performant Type 1 upgrade for the zkEVM, allowing any EVM chain to become a ZK L2 and join the AggLayer.
https://polygon.technology/blog/upgrade-every-evm-chain-to-zk-introducing-the-type-1-prover
Kraken obtained a license to offer services to people in the Netherlands.
As part of its European expansion strategy, the company has also secured licenses in Spain, Italy and Ireland.
https://www.theblock.co/post/276792/krakens-european-strategy-advances-as-company-secures-dutch-license
The Meson Community Sale on CoinList starts in an hour.
Price: $1.75
Supply: 2,500,000 MSN tokens (2.5% of the total supply)
Initial Purchase Limits: $50 minimum, $3,000 maximum (USDT/USDC only)
Lockup & Release: ⅙ unlocked around March 15, 2024, remaining tokens unlocked monthly over 6 months.
https://coinlist.co/meson
Aave V3 will be deployed on Scroll tomorrow at 17:18 UTC.
https://x.com/lemiscate/status/1755521314104746020
Ethereum Name Service is “heavily” focused on researching ways to build its protocol on Ethereum layer-2 networks and may even consider launching an in-house layer 2 of its own, revealed ENS executive director Khori Whittaker.
https://cointelegraph.com/news/ethereum-name-service-open-building-in-house-layer-2-ens-director
Frax Finance launches Fraxtal.
Fraxtal is a modular blockchain with a “fractal scaling” roadmap & unique blockspace incentives.
Fraxtal’s main execution environment is an EVM rollup that is OP stack equivalent.
Accounts & smart contracts that use specific dapps on Fraxtal will be rewarded with FXTL points based on the Flox Algorithm.
There will be a large airdrop of FXTL points to veFXS stakers based on veFXS balance on March 6th, 2024 23:59 UTC. The week after this airdrop on March 13th, the Flox mechanism will go live & the fun really begins.
https://x.com/fraxfinance/status/1755386512898703414
https://docs.frax.com/fraxtal
Binance has announced the 46th project on Binance Launchpool - Pixels (PIXEL).
Users will be able to stake their BNB and FDUSD into separate pools to farm PIXEL tokens over ten days, with farming starting from 2024-02-09 00:00 UTC.
Binance will then list PIXEL at 2024-02-19 10:00 UTC and open trading with PIXEL/BTC, PIXEL/USDT, PIXEL/BNB, PIXEL/FDUSD and PIXEL/TRY trading pairs.
https://www.binance.com/en/support/announcement/introducing-pixels-pixel-on-binance-launchpool-farm-pixel-by-staking-bnb-and-fdusd-c055fa89dda84402b7b662f13b80fffe
Pyth Network has launched the second phase to the Pyth retrospective airdrop.
Over 160 decentralized applications using Pyth Data are eligible to receive PYTH tokens as part of this airdrop program from November 2023.
https://pyth-network.notion.site/BLOG-Retrospective-Airdrop-Part-2-Allocations-to-PoweredByPyth-Users-466633c717a84366b9153ec9f571d07e
⚡️Top Blockchains by USDT Daily Transfer Volume
👉 https://dropstab.com/categories/stablecoin
💧 Latest Solana Ecosystem Funding Rounds
👉 https://dropstab.com/insights/latest-fundraising-rounds
💧Current state of the market in our weekly overview
dropstab | icodrops | twitter | telegram
The Meson Community Sale on CoinList has finished in 24 minutes.
https://coinlist.co/meson
🔥Bitcoin has reached $46,200.
BTC is now trading at ~$45,950.
https://dropstab.com/coins/bitcoin
The Binance Web3 Wallet now supports ERC-404 tokens.
https://twitter.com/binance/status/1755620965969518842
Ethereum developers set a date for Dencun upgrade on the mainnet - 13 March, 13:55 UTC.
https://www.coindesk.com/tech/2024/02/08/ethereum-developers-target-march-13-for-milestone-dencun-upgrade-on-mainnet/
A Montenegro court has again canceled the approval of the Terraform Labs co-founder Do Kwon’s extradition to South Korea or the U.S.
https://www.theblock.co/post/276712/do-kwons-extradition-revoked-again-granted-appeal-by-montenegro-court
Crypto Market Daily Review ☀️
The market is growing. Market cap is $1.72T. Bitcoin is trading at $44.4K
dropstab | icodrops | twitter | telegram
Wormhole introduced the tokenomics of the W token.
Community & Launch
17% - 1,700,000,000 W
The Community has been allocated 17% of the token supply. Wormhole wouldn’t be possible without a thriving community of supporters. 11% of this allocation will be unlocked at TGE and will be distributed during the initial phases of the TGE, including the TGE-related airdrop (and related activities). The snapshot for this airdrop has been taken before the publishing of this blog.
11% or 1,100,000,000 W will be unlocked at TGE with the remaining 6% unlocked four months after TGE.
Token Distribution & Release Schedule
▫️Ticker: W
▫️Maximum Supply: 10,000,000,000
▫️Initial circulating supply: 1,800,000,000
▫️Token Format: Native ERC20 and SPL (using Wormhole’s Native Token Transfer standard)
▫️Lock Up: 82% of W are initially locked and such tokens will unlock over the course of four years.
https://wormhole.com/wormhole-w-tokenomics/
Paxos has partnered with Chainlink for a larger scale PYSD adoption.
https://paxos.com/2024/02/07/paxos-adopts-chainlinks-paypal-usd-price-feed-to-accelerate-tokenized-rwa-economy/
Ta-da debuts on MultiversX.
▫️Cost per ticket = 0.67 EGLD (~$35.2)
▫️Price per token = $0.022
▫️Ticket purchase limit is tier-based
▫️Complete by Feb 08 18:00 UTC
https://x.com/xlaunchpadapp/status/1755232809319329998
Dencun is now live on the Holesky testnet.
Next up, mainnet Ethereum, with a date to be announced for that possibly within the next 24 hours.
https://x.com/sassal0x/status/1755197381237444773