Image Source: Pixabay
Jupiter Reveals Airdrop Allocations for Solana DeFi Users
Users can now check how much JUP token they’re entitled to claim through DeFi platform Jupiter's upcoming airdrop.
Solana-based decentralized finance (DeFi) aggregator Jupiter commenced its much-anticipated airdrop on Friday—and revealed to users how many of the 4 billion total JUP tokens up for grabs that they can expect to receive.
A portal on Jupiter’s website is now live for the platform’s users to connect their wallets and check how much JUP they reaped. It's not yet clear when the actual claim process will begin.
All Jupiter users will receive 200 JUP regardless of their trading history, according to the company. Read More
Riot Platforms buys $291M in BTC rigs as miners rake it in from Ordinals
It adds to a prior agreement in which Riot bought 33,280 miners from MicroBT. The term sheet was also updated, allowing Riot to buy another 265,000 miners in the future.
Bitcoin miner Riot Platforms is buying 66,560 mining rigs from manufacturer MicroBT in one of its largest expansions of hash rate in the firm’s history ahead of the Bitcoin halving scheduled for April 2024.
The additional purchase agreement totaled $290.5 million, Riot stated in a Dec. 4 statement — meaning it paid an average of $4,360 for each machine.
The right-to-purchase option was included in Riot’s initial agreement with MicroBT when it agreed to buy 33,280 machines from MicroBT in June. The two firms have now updated this agreement to provide Riot with options to purchase up to 265,000 additional miners from MicroBT on the same terms as the new order.
Riot’s CEO Jason Les said the purchase order is “the largest order of hash rate” in the company’s history and hopes the updated agreement will strengthen Riot’s mining performance further. Read More
This Web3 game puts interactivity, creativity and business at its heart
By emphasizing creativity, community, and a focus on the player experience, a newly launched Web3 game sets a new standard for next-generation gaming.
An interactive and educational game allows players to build their own towns and be rewarded for their creativity without any pitfalls associated with other Web3 titles.
The Web3 game Legacy, created by Gala Games, puts you in charge of a growing business empire — and puts fun at the heart of next-generation gaming.
When Web3 games exploded onto the scene, a huge buzz soon followed. Blockchain was being touted as the technology that would upend a multibillion-dollar industry — and transform the game experience for the better.
Giving players true ownership of in-game assets is compelling and transformative — not to mention the prospect of rewarding determined users for their time and achievements. Read More
Reviving economic confidence with blockchain and gold
This eco-friendly blockchain ecosystem redefines financial stability by integrating gold, offering a sustainable and inclusive economic model.
The FRUITS Eco-Blockchain Project plans to leverage gold to build an eco-friendly and sustainable economy open to everyone. Fruits uses a unique consensus mechanism called proof-of-capacity (PoC), which performs a sustainable economic cycle with minimal power consumption while achieving high security. The PoC eliminates transaction fees altogether, offering the ideal infrastructure for building economies for charity and everyday transfers.
Powered by its native FRTS coin, the Fruits ecosystem facilitates rapid and cost-effective transactions through the PoC consensus mechanism. FRTS enables users to acquire distinctive gold-backed nonfungible tokens (NFTs) on Fruits’ NFT marketplace, generate passive income through decentralized finance (DeFi) functionalities, and contribute to charitable endeavors. Read More
Staying ahead of the curve is crucial in the dynamic and ever-changing business world. In the modern business landscape, innovation and technology act as guiding forces, shaping how companies engage with their audiences and forge connections. In this era of constant evolution, a powerful synergy has emerged between two groundbreaking concepts: inbound marketing and blockchain technology. This convergence is rewriting the rules of engagement and presenting companies with unprecedented opportunities to carve out a competitive edge.
Gone are the days when traditional marketing methodologies ruled the roost. The one-size-fits-all approach of old-school marketing campaigns is gradually being replaced by a more interactive, personalized, and customer-centric approach. Inbound marketing is not just a strategy; it's a philosophy that revolves around attracting, engaging, and delighting customers by delivering valuable and relevant content. It's about creating a genuine connection with your audience, addressing their pain points, and offering solutions that resonate personally.
Amidst this transformative landscape, a standout player emerges: Markethive. This innovative ecosystem stands at the crossroads of the inbound marketing revolution and the blockchain evolution. Markethive's unique proposition lies in its ability to seamlessly fuse the principles of inbound marketing with the cutting-edge potential of blockchain. By doing so, it offers a comprehensive system that empowers businesses to connect with their target audience and build lasting relationships based on trust and transparency. Read More
Safe Wallet scammer steals $2M through 'address poisoning' in one week
A malicious actor behind at least $5 million in crypto theft through “address poisoning" significantly ramped up attacks against Safe Wallet users in the last week.
A crypto hacker specializing in “address poisoning attacks" has managed to steal over $2 million from Safe Wallet users alone in the past week, with its total victim count now reaching 21.
On Dec. 3, Web3 scam detection platform Scam Sniffer reported that around ten Safe Wallets lost $2.05 million to address poisoning attacks since Nov. 26.
According to Dune Analytics data compiled by Scam Sniffer, the same attacker has reportedly stolen at least $5 million from around 21 victims in the past four months. Read More
How blockchain improves daily healthcare routine, explained
Blockchain has the potential to revolutionize healthcare by preserving data integrity, fostering better teamwork, and increasing patient care — even in the face of ongoing difficulties with scale and integration.
Blockchain technology has the potential to completely transform healthcare practices. Its importance stems from its capability to ensure record-keeping that is transparent, safe and unchangeable. This translates to improved patient-centered treatment, quick information sharing and data security in the healthcare industry.
Blockchain makes it easier to create a decentralized ledger that safely keeps patient data private and permits authorized access. Patients now have more control over their health information and can safely share it with other healthcare professionals. Read More
Madeira seeks to boost economy with startups, innovative payment system
The Madeira Blockchain 2023 conference showcased the region's efforts to become an emerging technology hub in the Atlantic.
An archipelago in the middle of the Atlantic is seeking startups and tech talents to boost its economic growth. Web3 entrepreneurs are flocking to this region.
Portugal's Madeira archipelago has been praised for its natural beauty, but an ageing population and pressing need for a more diversified economy prompted its local government to explore emerging technologies, such as blockchain.
According to Rogerio Gouveia, finance secretary of the regional government of Madeira, emerging-technology companies make up nearly 30% of businesses in Madeira's free trade zone, a special economic area that offers tax benefits to companies, including one of the lowest corporate tax rates in the European Union and capital gains tax exemption for eligible firms. Read More
Is NFT Winter Over? Prices Climb as Bitcoin and Ethereum Surge
Projects like Pudgy Penguins, Mad Lads, and Milady Maker are leading the charge for a NFT market upswing across Ethereum, Solana, and beyond.
Rising tides lift all ships—apparently even those of the battered, beleaguered, and oft-eulogized NFT market.
As top altcoins including Ethereum and Solana continue to steadily pump, largely on the winds of Bitcoin’s tremendously persistent, now weeks-long price rally, NFT collections associated with those blockchain networks now appear to be along for the ride.
Pudgy Penguins, for example, an Ethereum NFT collection and long-time bear market favourite, has jumped 74% in USD floor price in the last week alone, according to NFT Price Floor. Floor price refers to the lowest listed price for a single NFT in any given collection. Trading volume on Pudgy Penguins has also shot up 394% this week, per CryptoSlam, to nearly $7.5 million worth of NFT sales. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or any other advice.