Wormhole announced that it has integrated the universal restaking layer Karak Network. The Blast Foundation announced that it will airdrop BLAST to the community on June 26 at 22:00. Notcoin announced a massive NOT Coin burn. And more…
News from NOT Coin and 4 altcoins!
Two critical moves from Wormhole
Wormhole announced that its universal restaking layer, Karak Network, has integrated Wormhole as its first distributed security service (DSS). Wormhole is developing two important distributed security services (DSS) on Karak:
- A decentralized verifier network for Wormhole native token transfer (NTT).
- A decentralized relay network.
Both will leverage restake assets to increase economic security. Distributed Security Service (DSS) is a decentralized software service built on Karak that leverages restake assets to provide additional economic security and scalability for supported services.
Blast airdrop to launch on June 26
The Blast Foundation informed the community that it will airdrop BLAST on June 26 at 22:00. In the first 100 days, Blast Dapp TVL reached $2 billion and became the fastest growing Blockchain in all of L1 and L2 in history. By Dapp TVL and Dex transaction volume, Blast has become the sixth largest on-chain economy in the world. Blast is also one of the top five Blockchains by user payment fees.
Blur: 3% of BLAST tokens will go to the Blur Foundation!
Blur announced that Season 3 will end on June 26 at 10pm. It also announced that Season 3 participants will be able to obtain BLAST from the Blast Foundation. More details about Season 4 will be announced on June 26th. The Blast Foundation will allocate 3% of the BLAST to the Blur Foundation. It will also allocate 1% to Blur traders and BLUR holders from Season 3. Each of them will receive 0.5%. 0.5% is reserved for Blur traders in Season 4. 0.5% will be reserved for future use and the remaining 1% is reserved for BLUR holders in Season 4.
ENSO Network completes $4.2 million funding round
ENSO, the world’s first purpose engine powering the blockchain abstraction, is celebrating the successful completion of its latest funding round. The new funds, provided by Cosmos (ATOM) ecosystem innovators, will support technology development and the launch of the native L1 platform. According to the official announcement of the ENSO Network team, the strategic funding round has been successfully completed. The protocol raised a total of $4.2 million from reputable VC firms and heavyweight angel investors.
Notcoin (NOT Coin) announces new tokenomics
As you have been following on Kriptokoin.com, Notcoin (NOT Coin) has been one of the biggest sensations in the crypto market this year. So much so that it has taken the whole internet by storm. In a recent development, Notcoin (NOT Coin) announced the burning of a massive number of NOTs, its native token. According to a recent update on the social media platform, the company burned $3 million worth of NOT Coin, drastically reducing its token supply. The announcement also mentions an incentive plan worth $4.2 million aimed at rewarding Gold and Platinum users on the Notcoin Explore platform.
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