Starkware CEO Dismisses Starknet Airdrop, Token Unlocks Controversy: ‘We Build Different’
Feb 1, 2024
DeFi
Jupiter Founder Brushes Off Airdrop Backlash: ‘People Don’t Understand Anything’
Jupiter’s pseudonymous founder Meow has heard the complaints about yesterday’s massive JUP airdrop on Solana, and he insists the critics have got it all wrong. “You know what I realized, guys? How many people don’t understand anything,” Meow said today on Rug Radio’s live “FOMO Hour” about crypto influencers pushing back on the drop. “They only understand buy/sell.” Solana decentralized exchange (DEX) aggregator Jupiter launched the biggest airdrop so far in 2024 on Wednesday, serving up 1 bill…
by Andrew Hayward · 3 min read
Feb 1, 2024
DeFi
A Bitcoin-based decentralized exchange (DEX) is coming—and its architects are hoping to save users from the messy and hack-prone world of bridges. Portal, a San Francisco-based startup, just raised $34 million in a seed funding round from the likes of Coinbase Ventures, OKX Ventures, and Arrington Capital to support the development of the product. The DEX allows anyone to swap Bitcoin (BTC) for other cryptocurrencies—quickly, cheaply, and without a middleman. A DEX, or digital asset exchange,…
by Mat Di Salvo · 2 min read
Jan 31, 2024
DeFi
Solana’s Jupiter Hits $1.2 Billion in Daily Volume, Outpacing Uniswap on Ethereum
Jupiter’s massive JUP token airdrop claim began Wednesday, and volume on the Solana decentralized exchange (DEX) aggregator soared to new heights in the process. According to data from both CoinGecko and Jupiter itself, the platform has racked up more than $1.2 billion worth of daily trading volume over the past 24 hours. That makes it top among all crypto DEXes, beating typical leader Uniswap V3 on Ethereum with $854 million (per CoinGecko). Note that the tally does not include Uniswap volume o…
by Andrew Hayward · 3 min read
Jan 30, 2024
DeFi
Jupiter Airdrop: What You Need to Know About the Solana JUP Token Launch
Months in the making, Solana decentralized exchange (DEX) aggregator Jupiter is set to launch its JUP token airdrop on Wednesday, January 31. Nearly a million Solana wallets are eligible, and the token launch will likely be the largest in 2024. Are you ready? The long run-up means that Jupiter has already launched an airdrop checker tool and provided ample guidance on what to expect, but it’s been in dribs and drabs since late last year. If you haven’t followed the action, here’s everything you…
