Airdrop Roundup: The crypto market is on a tear, and so are token airdrops. Several major projects have announced plans to distribute new tokens, including Ethereum layer-2 solution Starknet, interoperability protocol LayerZero, and Solana-based staking project Jito. Even small-time users are raking in thousands of dollars worth of free tokens, thanks to airdrops from projects like Kamino Finance and Seamless Protocol.

Bitcoin Wallet: Block, the company founded by Twitter co-founder Jack Dorsey, has released a new Bitcoin wallet that is focused on providing a better user experience for both experienced and novice users. The wallet features a simple and intuitive interface, as well as support for multiple currencies and languages.

Celestia’s Move: Celestia, a data availability solution, has announced that it will become an option for blockchain developers building on Polygon’s platform. This will provide developers with a more scalable and cost-effective way to verify data generated by blockchain transactions.

Uniswap on Rootstock: Decentralized exchange (DEX) Uniswap has expanded to the Bitcoin sidechain Rootstock, bringing DeFi to the world’s largest blockchain. Uniswap version 3 (v3) is now available on Rootstock, providing traders with access to a wider range of assets and liquidity.

Blocknative’s Mempool Tool: Blockchain infrastructure company Blocknative has released a new tool that allows users to examine the “mempool” of pending transactions awaiting processing on Ethereum. This can help users to reduce instances of block-level manipulation and protect them from front-running bots.

Babylon’s Bitcoin Marketplace: Bitcoin-focused project Babylon has raised $18 million in funding to launch a marketplace for Bitcoin as a staking asset. This will allow proof-of-stake chains to acquire funding from the large pool of capital stored in Bitcoin.

Chainlink’s Crypto Staking Program: Blockchain data-oracle project Chainlink has seen a strong uptake for its expanded crypto staking program, with over $632 million worth of LINK tokens staked in just six hours after the start of the early-access period.

BlackRock’s Bitcoin ETF: BlackRock has made changes to the mechanics of its proposed spot Bitcoin ETF, which will allow Wall Street banks to play a key role in the ETF’s ecosystem.

Ordinals on Bitcoin: The Ordinals protocol, which allows users to inscribe text and images onto the Bitcoin blockchain, has generated over $147 million in fees for Bitcoin miners. This has led to some debate about the use of the Bitcoin blockchain for non-financial transactions.

Calendar

  • May 29-31, 2024: Consensus, Austin, Texas