Block Launches Hardware Wallet
More Than 11 Million LINK Staked After v0.2 Release, Do Kwon To Be Extradited, 'All-Weather' Stablecoin on Ether, El Salvador's Bitcoin 'Freedom Visa'
Welcome to Coinfeeds Daily Digest! Today we cover the crypto community's buzz around successful airdrops and ecosystem growth as the Solana-based Jito token is being airdropped in high USD sums even to small-time users, LayerZero announces plans for a 2024 token launch and airdrop, and another Solana protocol Kamino eyes incentives & rewards program ahead of its airdrop. Terraform's Do Kwon will be extradited to the US from Montenegro, El Salvador is unveiling its Bitcoin 'Freedom Visa' that costs $1 million, Uphold — its XRP-supported self-custody wallet, and Sotheby's has begun the first auction with Bitcoin Ordinal NFTs.
Market Update
News
Jack Dorsey's Block Unveils Hardware Wallet Bitkey
Jack Dorsey's financial services company, Block, has recently announced the launch of a new product that's set to revolutionize the way individuals interact with Bitcoin. Named Bitkey, this hardware wallet is now available for pre-order. | Read More
11M LINK Staked In Half Hour After Chainlink Staking v0.2 Launch
Following a "priority migration" period for existing stakers, early access to Chainlink Staking v0.2 was opened to eligible participants. The new staking version not only attracted a large volume of staked LINK but also introduced an expanded pool size of 45 million LINK. | Read More
Do Kwon Faces US Extradition
The unfolding legal saga of Do Kwon, the co-founder of Terraform Labs, has taken a significant turn as Montenegro's Justice Minister has reportedly decided to extradite him to the United States. | Read More
El Salvador Launches Bitcoin 'Freedom Visa': Costs 10x More Than Others
"Adopting El Salvador Freedom Visa Program" is a unique citizenship-by-investment initiative that leverages the country's pro-Bitcoin stance. This program is designed to offer residency and a pathway to citizenship for investors willing to commit a $1 million investment in BTC or USDT. | Read More
Sotheby's Debuts Bitcoin Ordinals NFT Auction
Sotheby's, the renowned auction house, has made a groundbreaking entrance into the world of Bitcoin-based digital art with its first auction of Bitcoin Ordinals NFTs. This innovative move involves the sale of three unique pieces from the "BitcoinShrooms" collection. | Read More
Even Small-Time Jito Users Are Being Airdropped Thousands of Dollars in JTO
The JTO token is designed to reward past users of the platform based on their interaction with the liquid staking token, jitoSOL. This means that even users who may not have invested large sums but have been active on the platform are now receiving significant amounts of JTO tokens. | Read More
LayerZero Confirms Airdrop Plans For 2024
LayerZero's confirmation of airdrop plans has led to a significant boost in token prices and the value locked within some of its ecosystem projects. This trend is not new; similar token distributions in the Solana ecosystem have previously shown how impactful such events can be. | Read More
Sam Altman-Backed Crypto Startup Eyes $100M Bitcoin Fund
Amidst the fluctuating landscape of cryptocurrency, Meanwhile Group, a crypto startup backed by influential figures such as Sam Altman, is making waves with its ambitious plan to raise $100 million for a Bitcoin private credit fund. | Read More