Immutable zkEVM, a new gaming-centric Ethereum layer-2 network powered by Polygon’s zkEVM technology, has launched its mainnet in “early access,” offering a first opportunity for developers to begin building on the chain. According to Immutable, the firm behind the network and also the current Immutable X network, Immutable zkEVM will remain in a limited early access configuration for now, which…
Month: January 2024
Solana Traders Send WEN on Wild Ride After $35 Million in Tokens Burned
The launch of Solana’s WEN meme coin has been among the biggest crypto stories of the last few days, but the airdrop is already finished as of Monday morning—and hundreds of billions of unclaimed tokens were burned, substantially cutting the WEN supply. WEN holders who claimed the tokens or bought them from exchanges began dumping them en masse after the…
Billionaire Biohacker Gets Into NFTs with Drip Solana Airdrop
Billionaire biohacker Bryan Johnson says crypto and longevity are “best friends”—and is cementing the sentiment by sponsoring an NFT airdrop. Johnson’s Blueprint project has created a collection of NFTs on the Solana blockchain in collaboration with DRiP and digital artist Degen Poet, with the Blueprint collection issued Monday as a free airdrop for DRiP holders. “We are long best friends and…
There’s a New Bitcoin ETF Offering 30% Yield: Here’s How It Works
A little-known Bitcoin ETF hit the U.S. market this month that is promising jaw-dropping annual returns to its investors. The Roundhill Bitcoin Covered Call Strategy ETF (YBTC), launched on January 18, declared on Friday that its first distribution to investors would take place today in the amount of $1.33 per share. Based on that and the fund’s current net asset…
Bitcoin Pumps as Market Awaits Fed Rate Verdict
Bitcoin and most other big coins and tokens have jumped at the start of what will be an important week for the crypto and equities markets. BTC, the biggest digital asset by market cap, is now trading for over $43,000 per coin, according to CoinGecko. It has risen 3% in 24 hours and 7% over the past week. Last week,…
Solana Flips Ethereum in DeFi Trading as Jupiter Airdrop Nears
Token trading on Solana decentralized exchanges briefly flipped that of Ethereum exchanges in December as meme coin mania raged, and now it’s happened again—this time ascribed to an impending token airdrop. As of Sunday night, rolling 24-hour trading volume on Solana-based decentralized exchanges (DEXes) topped Ethereum exchanges, according to data from DeFi Llama, with about $705 million on Solana during…
Bitcoin Funds Lose $480 Million in a Week, But Grayscale Withdrawals Slowing
A lot of cash left big Bitcoin funds in the last seven days—which could explain the dip that BTC and most other digital assets took last week. The good news? Outflows from the largest fund, Grayscale, are now slowing down, according to European digital asset manager CoinShares. Investors have been fast redeeming their Grayscale holdings since the product converted to…
Solana’s ‘MixMob’ Game Sets MXM Token Launch, First Airdrop Details
Solana gaming platform MixMob will launch its MXM token this week, and we have first details for how the airdrop will work—and how many tokens will be provided to early supporters. MixMob will launch the MXM token this Thursday, February 1, and the team says that the token will be listed on Bybit and “other leading” crypto exchanges. MXM is…
WEN Airdrop: 41% of Solana Meme Coin Still Unclaimed as Deadline Looms
There are still 41% of WEN tokens left unclaimed as the end of the Solana meme coin’s airdrop approaches its end at 10 a.m. Eastern Time Monday. The WEN token, created in homage to the community that eagerly asks crypto projects when they’ll mint a new token, is being tracked on a Dune Analytics dashboard. The tokens themselves are pieces…
This Week On Crypto Twitter: Twitter Payments Rumors, Donald Trump Fuel Memecoin Rise
Will the real Donald Trump meme coin please stand up? Never mind. All of you, sit down. Source: https://decrypt.co/214537/this-week-on-crypto-twitter-twitter-payments-rumors-donald-trump-fuel-meme-coin-rise