Solana ($SOL) and Cardano ($ADA) lead the crypto rebound, with SOL up 5.98% to $137.73 and ADA rising 4.5% to $0.3932. Increased inflows and upgrades highlight their strategic importance, boosting market confidence. #Update #Crypto
Ava Labs integrates #NFTs in South Korea’s $20B K-pop industry, enhancing transparency and artist compensation. Partnering with SK Group for NFT-based ticketing and investing in Titan Content. #Blockchain #Updates
Nubank partners with Lightspark to integrate the Bitcoin Lightning Network, boosting transaction speed and lowering costs for over 100 million users. This move aligns with Nubank’s mission to offer efficient, low-cost services. #Bitcoin #Update
Florida Rep. Matt Gaetz introduces a bill to allow Bitcoin for federal tax payments, inspired by El Salvador’s success with $BTC. This move could modernize the tax system and boost innovation. #CryptoTax #Update
Uzbekistan’s National Agency for Prospective Projects confirms that Hamster Kombat is not banned. The game’s in-game tokens are not considered crypto assets under Uzbek law, allowing players to continue without legal concerns. #GamingNews #Update
Privacy coins like Monero and crypto mixers are linked to $24.2B in illicit transactions in 2023, impacting regulatory efforts. Developers urged to enforce KYC and work with regulators to balance privacy and security. #Update #CryptoSecurity
Julian Assange, WikiLeaks founder, released from Belmarsh prison after 1,900+ days. AssangeDAO’s token (JUSTICE) surged 60% in 24 hours. Calls for transparency on $37M fund allocation. #Update #Crypto #AssangeDAO
Colosseum secures $60M from Bonk DAO to back early-stage projects in the Solana ecosystem. $250K each is already allocated to 11 hackathon winners. Focus areas: GameFi, DeFi, and DePIN. Co-founder Clay Robbins highlights the need for specialized crypto ventures. #Update
Judge approves FTX’s plan to poll creditors on Chapter 11 repayment. Customers to vote on a multibillion-dollar plan to repay trapped funds, with most set to receive 119% of holdings from Nov 2022. #Crypto #Update
A US court has approved bankrupt crypto exchange FTX’s plan for creditors to vote on a liquidation plan. FTX claims creditors will be paid in full, but critics argue they’ll get less than current market value. #CryptoNews #Update
Nu Holdings (@Nubank) teams up with Lightspark to enable Bitcoin Lightning Network transactions in 2024. This partnership lets millions of customers in Brazil, Mexico, and Colombia enjoy fast, low-cost Bitcoin payments. #CryptoNews #Update
Solana Foundation (@Solana) introduces Blinks and Actions, enabling seamless blockchain transactions directly from websites. These tools simplify payments and donations, making blockchain tech more user-friendly and accessible. Head of Ecosystem Development John Wong highlights their potential for wider adoption. #Blockchain #Update
U.S. Rep. @MattGaetz introduces a bill to allow federal tax payments in Bitcoin ($BTC), amending the Internal Revenue Code of 1986. This move could enhance innovation and flexibility for U.S. taxpayers, marking a milestone in crypto adoption. #Cryptocurrency
Solana Foundation (@solana) launches Actions & Blinks to boost crypto adoption. Users can now transact on the SOL blockchain via URLs, social networks, & QR Codes. Active addresses hit 42 million. #CryptoAdoption #Update
