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Jito Launches Airdrop of $225 Million in Tokens to Solana Community


Source: screenshot from Jito.Network Solana-based decentralized finance (DeFi) platform Jito has launched its much-anticipated airdrop, distributing approximately $225 million worth of tokens to Solana users globally. The airdrop, which commenced on Thursday this week at 11 am EST (4 pm UTC)...

Wormhole secures $225 million, launches Wormhole Labs


Wormhole has announced two developments. The first development is that the Foundation has secured $225 million in a funding round, taking its valuation to $2.5 billion. The second development is about the launch of Wormhole Labs as an independent technology company. The objective is to accelerate...

Bitcoin Price Prediction: BTC Surge Over $37,000 Amid Record Transactions


In a remarkable turn of events, Bitcoin’s price surged to $37,444, marking nearly 1% increase on Tuesday, signaling robust investor confidence and market dynamics. This notable ascent coincides with significant developments in the cryptocurrency sphere, including Tether’s unprecedented...

Tether Confiscates 225M USDT Involved in Pig Butchering Romance Scam


Source: AdobeStock After months of investigation, USDT stablecoin maker Tether has announced the confiscation of $225 million of its tokens involved in a pig butchering romance scam. The announcement, conveyed through a press release, detailed Tether’s collaboration with the OKX crypto...

Biggest Movers: BCH 5% Higher, as BNB Nears Key Price Target


Bitcoin cash rose by as much as 5% on Tuesday, as bulls extended recent gains following last week’s consolidation. The token rose for a second consecutive session, moving closer to a resistance level of $225 in the process. BNB also climbed, pushing towards a ceiling of its own at $220....

Russia: Illegal Crypto Miner ‘Stole $225,000 From Grid’


An illegal crypto miner in Russia caused “considerable damage” to a local grid and stole around $225,000 worth of electricity, a power provider has claimed. Per the Russian legal publication Pravo, the miner allegedly siphoned off electricity from the grid in Yuzhno-Sakhalinsk, in the Sakhalin...

Bitcoin Could Follow Nikkei Path to Record High, Says Analyst


Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, has predicted that the price of bitcoin could “follow the path of the Nikkei, which reached a 33-year high in June.” He highlighted that the largest crypto “has had a close directional relationship with the Nikkei 225.” Bitcoin’s...

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