Jupiter re-airdropped to more than 1,000 addresses. Yala and Stacks are collaborating. BNB Foundation has completed its 27th quarterly burn for BNB Coin. And more…
There is news from HBAR, DOG, BNB Coin and 6 altcoins!
Dexalot launches DEX on Arbitrum
Decentralized trading platform Dexalot announced that it has launched its centralized limit order book DEX on Arbitrum. This move marks the first step for Dexalot to expand beyond the Avalanche ecosystem. Dexalot operates its existing CLOB trading platform on an application-specific chain that launched in February 2023. Dexalot’s decision to expand its trading infrastructure to Arbitrum will bring a powerful set of features to Ethereum L2 users.
Jupiter re-airdropped to over 1,000 addresses
Jupiter heard from community members whose wallets were hacked and therefore missed the airdrop. The project team manually reviewed more than 10,000 applications. In this regard, the project made airdrops again to more than 1,000 addresses. The team had previously learned that some community members’ wallets had been hacked and they would miss the airdrop. Over the past few months, it has reallocated 4 million JUP to the legitimate owners of the hacked addresses. This means 1,000 new Catdets can pledge their JUPs and vote on DAO proposals. Additionally, due to the sheer volume of inspection, the team will not be performing this process again.
Robinhood lists SHIB, AVAX and COMP
Stock and cryptocurrency trading platform Robinhood announced that Shiba Inu (SHIB), Avalanche (AVAX), and Compound (COMP) are now available to New York State residents.
Runes meme coin DOG airdropped to Runestone owners!
Ordinals developer Leonidas said that 100 billion Runes meme coin DOG was airdropped to Runestone owners.
Yala and Stacks are collaborating
Yala, a Bitcoin liquidity and native stablecoin DeFi project, announced a strategic partnership with Stacks, a leading Bitcoin second layer solution. This partnership will significantly improve Bitcoin’s scalability and DeFi functionality. Additionally, it will further increase the liquidity of the Bitcoin ecosystem.
HBAR first it flew, then it crashed
Hedera first doubled the value of its HBAR token as a result of misinterpretation of BlackRock’s announcement that its fund was tokenized. However, it fell by 25% after the real situation was revealed. Hedera announced that BlackRock’s ICS US Treasury money market fund, together with Archax, has been tokenized on the Hedera Blockchain. Hedera supporters increased the value of Blockchain’s native HBAR token by up to 107% following this announcement. But in reality, it was not the world’s largest asset manager that carried out the tokenization. When the market realized this, the HBAR token lost 25% of its value.
BNB Foundation completes 27th quarterly burn for BNB Coin
Latest reports from the BNB Foundation reveal that it has completed its 27th quarterly token burn. According to the official website, 1,944,452.51 BNB Coins worth approximately $1.17 billion are out of circulation. This move is part of a systematic effort to reduce the total supply of BNB Coins used on the BNB Smart Chain (BSC), opBNB L2s, and BNB Greenfield Blockchain.
The BNB Foundation has promised to reduce the BNB Coin supply by half through token burning. Ultimately, BNB Coin intended to maintain a circulation of only 100 million coins to stabilize and potentially increase its value. The Foundation automatically performs these burns each quarter using a predefined Auto-Burn formula.
To be instantly informed about the latest developments, contact us twitter‘in, Facebookin and InstagramFollow on and Telegram And YouTube Join our channel!