Solana Mobile has announced that it will launch its SKR token on January 21. The company also confirmed an airdrop associated with the token's release. This move aims to enhance the Solana ecosystem and attract more users to its mobile platform. Details regarding the airdrop and how users can participate have yet to be fully disclosed.
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According to a report by Chainalysis, Iran's cryptocurrency economy is projected to reach $7.8 billion by 2025, driven largely by increased Bitcoin usage amid ongoing protests in the country. The report highlights that the political and economic instability has led many Iranians to turn to cryptocurrencies as
Tokenization firms have pushed back against claims made by Coinbase regarding the classification of tokenized equities as securities under a proposed crypto bill. Coinbase argued that tokenized equities should be treated similarly to traditional stocks, which would subject them to strict regulatory oversight. In contrast, tokenization companies assert that their
Democratic lawmakers have criticized the U.S. Securities and Exchange Commission (SEC) for its recent approach to cryptocurrency regulation, particularly in light of allegations regarding Justin Sun's connections to China. They argue that the SEC's actions could hinder innovation and competitiveness in the U.S. crypto
BitMine anticipates generating $400 million in income from its ether holdings, highlighting a significant investment in the cryptocurrency. Additionally, the company has placed a bet on popular YouTuber MrBeast, believing this could potentially yield a tenfold return. This strategic move reflects BitMine's confidence in both the cryptocurrency market