Wormhole has released more details for its upcoming governance token airdrop.Some holders of an eligible NFT collection were unable to qualify.Wormhole Discord users, the Monad community, and the top 10,000 PYTH token stakers are also eligible for the airdrop.Crypto bridge Wormhole just announced the eligibility criteria for its upcoming W governance token airdrop, where almost 400,000 wallets qualified.As has become more common in recent crypto airdrops, Wormhole included holders of certain NFT collections in its airdrop. Bad Kids, DeGods, Mad Lads, and y00ts, all NFT collections with ties to Wormhole, will receive tokens.But not all holders of eligible NFTs were…
Author: Web3 Daily Press Staff
Cryptocurrency‘s original memecoin, Dogecoin (DOGE-USD), has finally found its legs and joined the rest of its dog pack (Floki Inu, Shiba Inu, etc) in their rally. How much has Dogecoin surged this week? An impressive +32.29%. And year-to-date, its performance isn’t too shabby either: +70.70% Starting as a lighthearted joke, Dogecoin poked fun at the wild speculation of the cryptocurrency market. Yet, it quickly blossomed into a community-focused project that has gained a reputation for its philanthropic endeavors and robust, albeit playful, ecosystem. In fact, a lunar satellite, DOGE-1, is set to orbit our Moon and was paid entirely by…
The announcement, which boosted the Kamino’s total locked value by over $100 million in the past day, has had mixed reactions, with many criticizing key elements of the plan. The initial distribution will be done in a linear fashion, which has upset many community members. (Shutterstock) Posted March 7, 2024 at 1:50 pm EST. Kamino Finance announced Thursday morning that it will take a snapshot on March 31 of the addresses using the decentralized finance protocol native to Solana in preparation for its first token airdrop set to occur in April. “The initial community distribution will be distributed in a…
Valeria Blokhina Stay updated on all of the industry’s top events with U.Today’s crypto news digest! Read U.TODAY on Google News Here are the top three news stories over the past day presented to you by U.Today.Bitcoin (BTC) rally far from over, say Glassnode cofoundersAfter revisiting its all-time high of $69,000, Bitcoin succumbed to its mercurious nature and dropped to lows of $62,000. However, the king crypto has managed to recover from the fall and bounced back to the $67,000 price mark, to the great relief of many BTC investors. According to a recent X post by Glassnode cofounders (@Negentropic_), this recent…
Bitcoin Cash (BCH) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Digital Money has increased 2.32% to $414.25. InvestorsObserver is giving Bitcoin Cash a 32 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bitcoin Cash! The Volatility Gauge follows this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility. BCH’s moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate…
Binance, the world’s leading cryptocurrency exchange, has announced the addition of new trading pairs for Bitcoin BTCUSD, Ethereum ETHUSD and Binance Coin BNB on its platform. Users can now trade these major cryptocurrencies against the Japanese currency, the Japanese yen (JPY).According to the official announcement, Binance will open trading for the BNB/JPY, BTCJPY and ETHJPY trading pairs on March 12 at 8:00 a.m. (UTC). The exchange stated that the move was to expand the list of trading choices offered on Binance Spot and enhance the user’s trading experience.Binance will open trading for the BNB/JPY, BTCJPY and ETHJPY trading pairs at…
Photo by Kevin Dietsch/Getty Images U.S. Securities and Exchange Commission Chairman Gary Gensler did not clarify whether his agency considers Ether a security as the SEC reviews multiple applications for Ethereum spot exchange-traded funds (ETFs). Gensler emphasized the speculative nature of cryptocurrencies and advised investors to exercise caution given the market’s volatility, in a recent interview with Bloomberg. The SEC’s stance on Ethereum is under scrutiny as it processes applications for U.S. spot Ethereum ETFs. The SEC’s decisions for VanEck and Ark Invest’s applications are set for May 23. The regulator’s pattern of delaying decisions on cryptocurrency ETFs continues, following…
According to the latest Arkham data, Elon Musk’s ventures, Tesla and SpaceX, hold over $1 billion worth of Bitcoin. Arkham’s on-chain analysis found that Bitcoin transactions and flows were identical to SpaceX and Tesla’s balance sheets. The data shows that Tesla purchased $1.5 billion of BTC in January 2021. Just two months after that, the automobile giants briefly allowed the purchase of Tesla in Bitcoin. Tesla’s BTC holdings have increased since then, as a large cluster of the current holdings seems related to a particular car sale. The on-chain fund flows we’ve identified match financial statements from Tesla and SpaceX.Tesla…
South Korea’s Bitcoin kimchi premium has soared to levels last in 2021 amid Bitcoin’s latest rally that resulted in a new all-time high. Data from CryptoQuant shows that the premium index reached a 27-month high of 10.32% on March 6, indicating surging demand and growing interest in BTC among local investors in the South Korean crypto market. Kimchi Premium Reaches 10.32% The kimchi premium, also the name of a traditional South Korean side dish, is an index that reveals the difference in Bitcoin’s valuation on local and global crypto exchanges. As South Korea is one of the biggest players in…
Litecoin (LTC) has been relatively less volatile when compared to other cryptocurrencies. So far Thursday, the Digital Money has added 1.82% to $85.01. InvestorsObserver is giving Litecoin a 22 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin! The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. LTC’s low volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.Litecoin price is well positioned…