CoinDesk Mothballs DESK Reward Token Program
It was an experiment in driving community engagement, and we’re leaving the door open to relaunching DESK or something similar in the future.
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JUP Token Soars After Massive $700M Jupiter Airdrop to Solana Wallets
Validators called the airdrop a success. “Surprisingly, nothing notable” broke, one operator said.
Solana DEX Jupiter’s JUP Token to Debut With 1.35B Circulating Supply
The JUP-USD perpetual traded at 65 cents on Aevo at press time, implying a market capitalization of $700 million at the inception.
Ethereum’s ‘Dencun’ Upgrade Goes Live on Second Testnet, With Just One Remaining
Next week, on Feb. 7, Dencun will go live on its final Ethereum testnet, Holesky. After that, developers will ink in a date to activate Dencun on the main blockchain.
Vitalik Buterin Says Developers Should ‘Tread Carefully’ Mixing Crypto and AI
The Ethereum co-founder has warmed up on the potential intersection between AI and crypto, though he warns developers to be careful.
Bitcoin Miner GRIID Shares Extend Drop After Nasdaq Listing
GRIID commenced trading on the Nasdaq Global Market on Monday under the ticker symbol “GRDI” while continuing to trade on Cboe Canada under the same ticker.
Jack Dorsey’s Block Inc. Begins Layoffs Under Previously Disclosed Plan to Cut Staff by 10%
The company plans to drastically reduce its headcount throughout 2024 through a series of layoffs and reorganizing measures.
Ether Could Hit $4,000 With Likely Spot ETH ETF Approval in May: Standard Chartered
The British bank predicts that the SEC will eventually treat spot ether ETF applications similarly to bitcoin ETFs, putting May 23 as the expected date for an approval.
Bitcoin Price Nears $44K as ETFs See Net Inflows for First Time in a Week
The 10 spot bitcoin ETFs on Monday experienced their first net inflows in one week, helping to send the price of bitcoin to its highest level since the day after the funds began trading.
Thailand’s SEC Breaks New Ground in 2024 With Crypto-Friendly Rules
Thailand’s SEC has updated its rules by removing retail investors’ limits for asset-backed tokens, creating new rules for custodians and giving them a larger role in monitoring digital asset business.