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Originally scheduled for distribution in 2020, the airdrop occurred at 6:59 p.m. EST on Monday. The token distribution saw 4.28 billion flr tokens — Flare’s native coin — shared among qualified recipients who were selected based on a snapshot taken in December 2020 that captured wallets holding at least 1 xrp at the time.
More info: https://bit.ly/3VZCrrb
Cardano DeFi has reached a two-month high in terms of total value locked. The TVL locked across the Cardano ecosystem has surged 40% since the beginning of this year, according to DeFiLlama.
It has currently reached $90 million, which is the highest level it has been since the beginning of November. The figure is still tiny compared to that of Ethereum or BNB Chain, but it has outpaced them for growth recently.
More info: https://bit.ly/3k4u4gv
Circle held $43.4 billion in USDC reserves to back 43.23 billion USDC in circulation as of Nov. 30, 2022.
Of these reserves, $12.79 billion lay in the Circle Reserve Fund, a registered government money market fund wholly owned by Circle and managed by BlackRock. The fund’s holdings included 12 US treasury bills as of Nov. 30.
More info: https://bit.ly/3WY2znt
Solana Status said the bug impacted nodes that had adopted the latest test release. It urged those operating on the node to change over to 1.13. The Head of Strategy & Communications at Solana Foundation, Austin Federa, said the bug only impacted nodes run by the foundation. According to him, private providers are working fine.
More info: https://bit.ly/3QncuR7
Currently, Solana is trading at $9.17, down 3.2% on the day and a further 22.93% across the previous week, with the SOL price crashing at one point as low as $8.14, its lowest price since February 19, 2021.
SOL wiping over $1 billion from its market capitalization in the last week, falling from $4.36 billion to $3.33 billion.
More info: https://bit.ly/3WMmHJ2
The Bahamian Securities Commission has taken custody of FTX deposits valued at more than $3.5 billion as of Nov. 12, according to a media release published late Thursday by the BSC.
More info: https://bit.ly/3VAKDxE
According to multiple sources, the body of a Mr. Park, vice president of Vidente Co, a company closely related to the major South Korean exchange Bithumb and its largest shareholder, was found in front of his house. The police believe it was suicide as he had jumped out of a window and gotten himself killed on Friday morning local time.
Park made this choice in the middle of an investigation regarding his role in the embezzlement and manipulation of Bithumb's share price on the stock market, in which the head of the firm's parent company is also believed to be involved.
More info: https://bit.ly/3G7OAnS
According to a recent blog post by COTI Network, the scalable layer-1 behind ADA’s upcoming Djed stablecoin, the update transitioned the blockchain to a multi-token network that now supports the creation of private payment networks.
More info: https://bit.ly/3i4lwpt
The Pacific Islands are set to cause a stir in the Bitcoin community in the coming year. Lord Fusitu’a, a Tongan noble and former member of the Tongan parliament, announced that Fiji has elected a new pro-Bitcoin prime minister.
More info: https://bit.ly/3Gq1mPZ
The car company raised $100,000 for the nonprofit, The Petfinder Foundation, by auctioning off thousands of robotic puppy-themed NFTs. That amount — plus an additional $500,000 in fiat from Kia — has now covered the adoption costs of more than 22,000 animals residing in shelters, the company said on Tuesday.
The NFTs, rolled out in February 2022, feature “Robo Dog,” the robotic puppy starring in Kia’s Super Bowl spot last year.
More info: https://bit.ly/3YSTmhH
In a recent blog post, Midas Investments’ Founder and CEO said the company shut down services on its platform yesterday (December 27). It disabled customer withdrawals for a few hours to conduct necessary calculations and later allowed users to withdraw their remaining funds with adjusted deductions.
More info: https://bit.ly/3VxfPOz
Onchain data cited by crypto research firm Arkham Intelligence suggested some $1.7 million worth of tokens from Alameda-linked wallets were sold in the open market over a span of several hours on Wednesday.
More info: https://bit.ly/3Z6UsXo
Technology company MicroStrategy (MSTR) has added to its bitcoin stockpile, purchasing approximately 2,395 BTC for $42.8 million in cash between Nov. 1 and Dec. 21 through its MacroStrategy subsidiary, according to an SEC filing.
More info: https://bit.ly/3jBD8JT
Cardano's native token, ADA, has become available for staking on Apple devices that use the iOS operating system. In particular, the innovation has been implemented through the functionality of Trust Wallet, a noncustodial "hot" wallet for storing crypto assets.
More info: https://bit.ly/3GnehCc
The decision was prompted by "current market conditions in Japan in combination with a weak crypto market globally," the company said in a blog post.
Kraken users in the country have until the end of next month to withdraw their fiat and crypto holdings, with the option of transferring crypto to another wallet or wiring Japanese yen to a local bank.
More info: https://bit.ly/3GmH6i5
Proton CEO and co-founder Andy Yen said that he is unsure whether his company will continue to hold Bitcoin during a Forbes interview published on Dec. 27.
The company, which offers the encrypted email app ProtonMail and various other services, has held Bitcoin for at least five years.
More info: https://bit.ly/3jAVdYc