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On today's issue:
Blast Network Airdrop (via MilkRoad)
Coinbase Sues SEC (via TheBlock)
Solana ETF and Blinks (via TheCrypt)
This issue is brought to you by Tokenpad:
Tokenpad generates an earnings report for each asset you hold, across your crypto wallets.
The app is now live on the App store and Google Play store.
Blast Network Airdrop
This week, Blast announced 17% airdrop on a 2B FDV for top users. As a reminder, Blast is yet another L2, the twist is that tokens like ETH and stables earn native yield, without you needing to swap them into other assets.
Simple ideas can go a long way.
Blast is the 3rd rollup chain in terms of user-paid fees, at 48K daily, behind Base and Optimism, and the fourth in TVL.
Coinbase Sues SEC
"For nearly two years, a wide array of federal financial regulators — including the Securities and Exchange Commission, the FDIC, and the Federal Reserve Board — have used every regulatory tool at their disposal to try to cripple the digital-asset industry,"
That's quite a statement.
Turns out these regulators have been sending out "Pause letters" to several banking institutions, pressuring them to stop their banking services to crypto related companies in the US.
Solana ETF and Blinks
Turns out both 21Shares and VanEck just filed an ETF for Solana. After successfully submitting Bitcoin and ETH ETFs. Coinbase will custody the underlying assets.
We believe this is a necessary step for the crypto industry and it holds true to our mission to bring to market easily accessible financial products centered around crypto assets."
This puts Solana up there with the blue chips, if it wasn't already clear as water.
Another piece of news from Solana this week is the release of Blinks. They explain it as:
"Blockchain links – or blinks – turn any Solana Action into a shareable, metadata-rich link. Blinks allow Action-aware clients (browser extension wallets, bots) to display additional capabilities for the user. On a website, a blink might immediately trigger a transaction preview in a wallet without going to a decentralized app; in Discord, a bot might expand the blink into an interactive set of buttons. This pushes the ability to interact on-chain to any web surface capable of displaying a URL."
This a big step. Any app or website can now "read" these Solana links and enable transactions to happen easily, but you still need to pull up your wallet and approve the transaction.
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Disclosure: All content published is for informational purposes only, and does not constitute any sort of financial advice.
