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Friday, December 8, 2023

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What's Next? (Post–Jito Airdrop)

Kamino Finance, Solana's fastest-growing decentralized finance protocol, is gearing up to launch a points program, according to a source on Thursday, laying the groundwork for an upcoming token airdrop.

Kamino specializes in vault products, aiming to optimize yields for liquidity providers on various Solana-based DeFi trading platforms. Additionally, it's developing a borrowing and lending platform.

In other news, Deloitte intends to utilize the Polkadot-based KILT blockchain for logistics, Ordinals debut at Sotheby's, former Binance CEO CZ is ordered by a federal judge to stay in the US, while Do Kwon faces extradition to the U.S.

Read on!

24h Hot Searches Worldwide 🔥

Jito (-51.2%)
Seedify (+12.4%)
Open Campus (+4.9%)
Guacamole (+29.8%)
Tectum (+2.6%)
Opulous (+16.0%)
Bonk (+33.7%)

Where Is Cryptocurrency Legal vs. Illegal, Around the World?

Cryptocurrency is currently legal in 119 countries and four British Overseas Territories. This means more than half of the world's countries have legalized cryptocurrency.

Europe is at the forefront of global cryptocurrency legalization, with 39 out of 41 analyzed countries acknowledging its legitimacy.

Did you know that smart contracts also live on the Bitcoin mainnet? Learn about some of the types of Bitcoin smart contracts in this video.

Watch now!

Ordinals In Sotheby's

Sotheby's, the 279-year-old auction house, is poised to auction off a Bitcoin Ordinals collection, marking a historic event for the renowned institution.

The auction will feature pieces from BitcoinShrooms, an ordinals project created by the pseudonymous artist Shroomtoshi. Sotheby's confirmed that this marks the first public availability of works from the collection.

Decrypt

Real World Adoption

A segment of Deloitte, a 'Big Four' accounting firm, is set to utilize the Polkadot-based Kilt blockchain for providing logistics and supply chain services, specifically tailored for the shipping industry under the name KYX.

KYX merges Know Your Client (KYC) and Know Your Cargo processes, verifying both the client's identity and the shipped goods. Shipping behemoth Hapag-Lloyd will be the initial adopter, followed by telecommunications giant Vodafone.

CoinDesk

CZ To Stay, Do Kwon To Come

A federal judge in Seattle has ruled that Chanpeng Zhao, former CEO of Binance, cannot return to the United Arab Emirates until after his sentencing in the U.S. slated for February.

Following a Montenegro high court's endorsement of Do Kwon's extradition, a senior official has affirmed the decision, intending to extradite the Terraform Labs co-founder to the U.S.

The Block

This week's top trending coins!