Google Cloud Becomes A Flare Network Validator
Fantom Slashes Staking Requirement By 90%, Solana To Launch Another Smartphone, Jupiter Sets Airdrop Date
Welcome to Coinfeeds Daily Digest! In SOL news, Solana has announced plans to launch its second smartphone following the unexpected success of the first, Solana-based DeFi aggregator Jupiter has set the date for its much-anticipated JUP airdrop, and the Aave community is looking to expand to Solana through the Neon EVM. Argentina is to allow its provinces to circulate their own currencies as a response to the peso crisis, Dubai has given a VASP crypto license to OKX, and Binance Thailand has just launched. Ubisoft is continuing its involvement in and support for crypto gaming networks as it now backs Wemix by having signed up to run validator nodes. In a significant development for blockchains, Google Cloud has joined Flare Network as a validator and infrastructure provider.
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Google Cloud Joins Flare Network as Validator
Google Cloud has recently expanded its foray into the blockchain space by becoming a validator and infrastructure provider for the Flare blockchain network. The collaboration has sparked excitement within the cryptocurrency community, as evidenced by a notable increase in the value of FLR. | Read More
Solana To Launch Second Crypto Phone
In the wake of the surprising success of its first cryptocurrency-focused smartphone, Solana Mobile is gearing up to introduce a second device to the market. This move underscores the growing intersection between mobile technology and the burgeoning world of cryptocurrencies and blockchain. | Read More
Jupiter sets a date for Airdrop
Jupiter, a DeFi aggregator operating on Solana, gears up for a significant event. The platform has set January 31 at 10:00 am EST as the date for its much-awaited JUP token airdrop, promising to distribute a whopping one billion JUP tokens to its community of Solana DeFi users. | Read More
Ubisoft Backs Crypto Gaming Network Wemix, Joins Council
As part of the Wemix 3.0 network, Ubisoft will serve as one of the 40 partners responsible for running validator nodes. This network is designed to be Ethereum-compatible, utilizing a blockchain system that could potentially revolutionize the way games are played and monetized. | Read More
Fantom Slashes Validator Staking Requirement By 90%
The previous requirement of 500,000 FTM for validators to participate in the network has been slashed to just 50,000 FTM. This strategic change, which came into effect following a governance vote in June 2023, is designed to encourage a broader participation base. | Read More
Aave Community Seeks To Expand To Solana
The proposal under consideration suggests deploying Aave v3 on the Neon EVM. For those unfamiliar, Neon EVM is an Ethereum Virtual Machine that allows Ethereum-based decentralized applications (dApps) to run on the Solana network. | Read More
Argentina To Allow Provinces To Circulate Their Own Currencies
President Javier Milei has announced that he will not stand in the way of provinces that decide to issue their own currencies. This comes in the wake of a heated discussion with La Rioja's Governor, who has expressed intentions to launch a local currency as a response to the reduction in federal funding and the severe devaluation of the Argentine peso by 50%. | Read More