Airdrop Farmers Spam GitHub
PIXEL Tops Major Coins With $1.2B TVL, Aave Unveils $5M Incentives Program, Bitcoin ETFs Saw $2.4B In Weekly Inflows
Welcome to Coinfeeds Daily Digest! PIXEL, the Ethereum gaming token driving the Pixels game, has hit $1.2 billion in transaction volume, which puts it in the 10th spot of most-traded cryptos — this is largely due to its transition to the Ronin network and play-to-airdrop campaign. Miami Beach ETF conference has finally included crypto in its discussions following Grayscale's victory against the SEC in court and the approval of 11 Bitcoin ETFs, while Bitcoin ETFs themselves see a record $2.4 billion in weekly inflows. Aave is launching a $5 million quarterly incentives program fueled by WETH and GHO stablecoin, as the rest of DeFi celebrates the liquid restaking market hitting $3.5 billion in TVL. In a rather unique turn of events, airdrop farmers have entered GitHub where they are now spamming popular blockchain project repositories in the hope of receiving tokens for their pretend contributions.
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Airdrop Farmers Spam GitHub Expecting Future Tokens
Airdrop farmers are targeting GitHub repositories with spam comments. These individuals are motivated by the hope of qualifying for future token airdrops as contributors, a practice that gained traction following distributions by projects like Celestia and Starknet. For instance, the Scroll project experienced over 1,100 spam issues, causing a significant disruption to their workflow. | Read More
Bitcoin ETFs See Record $2.4B Weekly Inflows
Bitcoin ETFs have experienced unprecedented inflows, totaling a staggering $2.4 billion. According to a recent CoinShares report, among the leading products, BlackRock's IBIT and Fidelity's FBTC stood out, attracting $1.6 billion and $648 million respectively. | Read More
PIXEL Tops Major Coins, Hitting $1.2B in Transaction Volume
PIXEL, the Ethereum token powering the blockchain game Pixels, has made a remarkable entry into the crypto market, achieving $1.2 billion in trading volume since its inception. This has positioned PIXEL as the 10th most-traded cryptocurrency, surpassing well-known coins such as Avalanche, Dogecoin, Cardano, and Polygon. | Read More
Aave Launches $5M 'Merit' Quarterly Incentives Program
Aave, a leading lending protocol, is taking a significant step to boost its platform's adoption and user engagement through a new incentives program. The initiative, dubbed "Merit," aims to allocate $5 million in rewards every quarter to its users. It plans to distribute rewards in two forms: wrapped Ether (WETH) and Aave's own GHO stablecoin. | Read More
Crypto Now Part of Miami Beach ETF Conference
The annual Exchange ETF Conference held in Miami Beach recently marked a significant shift in the industry's approach to cryptocurrency. One of the highlights of the conference was the focus on the recent regulatory approval of 11 spot bitcoin ETFs. A pivotal moment celebrated at the conference was Grayscale's successful lawsuit against the SEC. | Read More
Liquid Restaking Protocols Collectively Hit $3.5B in TVL
The liquid staking market has experienced a remarkable surge, reaching a TVL of $3.5 billion. This signifies an increasing interest in liquid staking protocols, including Etherfi, Renzo, Kelp, and Puffer, which offer users the opportunity to stake their digital assets while retaining liquidity. | Read More