An argument for the @Starknet airdrop
An argument for the http://localhost:3000/u/starknet airdrop:](https://twitter.com/Starknet)airdrop:) - 9% tokens allocated to Community Provisions - 9% tokens allocated to Community Rebates - 8.1% tokens are "unallocated" Community Provisions: "for those who performed work for Starknet" Community Rebates: "to cover the costs of onboarding to Starknet" Unallocated Tokens: for the community & decided by the community" Why this could mean an airdrop: The first two token positions are allocated for different purposes. But It's entirely possible that Starknet decides to change the usage of those. We are talking about 18%, there would be room for an airdrop.
Ethereum Hard Fork Coin ETHW Down More Than 95% Since The Merg
Nearly a year after Chandler Guo — the instigator of the Ethereum blockchain’s last hard fork — predicted its rise, the native coin of the breakaway Ethereum proof-of-work blockchain has plummeted by more than 95%. Ethereumpow (ETHW) now trades at a price less than 1% of the U.S. dollar value of ether. The team behind the Ethereum proof-of-work network acknowledged in March that the protocol’s prospects may not be as bright as they were in September 2022.
The phrase “What is an NFT?” has been the most searched for crypto-related term with 39,459 average monthly queries, an analysis of nearly 300 questions has shown. With a search rate of 26,283, the queries for the phrase “What is the blockchain” were 1,681% more than the average search volume for the analyzed questions.
U.S. Residents Most Curious About NFTs
An analysis of frequently searched cryptocurrency terms and phrases by U.S. residents has shown that non-fungible tokens (NFTs) are the “most queried topic in the country.” With the volume of queries totaling 39,459, the search term “What is an NFT?” turned out to be 2,575% more than the average volume” for the nearly 300 questions analyzed by Marketplace Fairness. The only Google crypto-related searches and queries to surpass those of NFTs were for “What is cryptocurrency?” which averaged 39,466.
In the meantime, the analysis suggested that U.S. residents searched for the phrase “What does NFT stand for?” an average of 13,516 times per month. This figure, according to the analysis, was 816% more than the average.
FTX Estate Controls null.1B in Solana and $560M in Bitcoin Amid Bankruptcy Revelations
The FTX estate, currently overseeing the bankruptcy and restructuring of the once-active crypto exchange, reveals holdings of null.16 billion in solana (SOL) and $560 million in bitcoin (BTC).
16% of Solana’s Market Cap Is Held by FTX
In a recent Monday court filing, a stakeholder update showcases the premier digital assets held by the estate. As of August 31, 2023, these liquid tokens have a combined value of $3.4 billion. Additionally, the update showcases nearly $200 million in Bahamian real estate. Solana (SOL) emerges as the dominant asset in FTX’s portfolio.
Nigerian Web3 Startup Nestcoin Secures null.9 million in Funding
The Nigerian Web3 startup Nestcoin has reportedly secured a total of null.9 million in funding from both existing and new investors. The capital raised will be used to bolster Nestcoin’s finances and further develop the startup’s non-custodial wallet.
Impact of FTX’s Collapse on Nestcoin
The Nigerian Web3 startup Nestcoin recently secured null.9 million via a strategic funding round which was led by Hashed Emergent, a report has said. Existing investors that participated in the round include Alter Global, Magic Fund, CMT Digital, and 4DX Ventures while Adaverse and Base Ecosystem Fund were the two new investors.
The startup’s latest fundraising success came almost a year after it lost access to a stash of stablecoins which were held at the now defunct cryptocurrency exchange FTX. As reported by Bitcoin.com News in November 2022, Nestcoin initially responded to the loss of access to digital assets worth millions of dollars by reducing its employee headcount.
According to a Techcrunch report, the loss of access to funds also forced Nestcoin to re-evaluate its business model. Commenting on what the re-evaluation process has done for the startup, Yele Bademosi, the CEO of Nestcoin, said:
“During this transition period, we were trying to make the best decision when there were no good decisions. It helped that we were open and transparent with our investors and community. We had to make tough decisions regarding cutting product lines. We had to transition from a venture studio and investment holding company to a single-product company.”
Environmentalists Rally Against Crypto Mining Facility Renewal in New York, Citing Climate Concerns
Environmental advocates are redoubling their efforts to persuade New York officials to decline an air permit renewal for a cryptocurrency mining facility in North Tonawanda. They assert that the operation imperils residents’ quality of life and undermines the state’s climate objectives, as per a report by Mark Scheer for the Niagara Gazette.
Battle Brews Over NY Cryptocurrency Mining Renewal
The environmental law group Earthjustice has partnered with local residents to implore Kathy Hochul, the state’s governor, and the Department of Environmental Conservation (DEC) to reject the renewal request from Digihost. The Gazette report highlights that the company operates a cryptocurrency mine at the former Fortistar power plant site.
Critics contend that the energy-intensive operation generates noise pollution and poses environmental hazards. They desire the DEC to adopt the same stance it took last year when denying an air permit renewal for a cryptocurrency miner in Yates County. The agency maintained that the operation conflicted with New York’s mission to reduce emissions.