DeFi Development Corp adds $11.5M SOL, shares jump 12%

DeFi Development Corporation, formerly known as Janover, is ramping up its Solana treasury strategy following a buyout led by Kraken executives. According to an April 22 announcement, the company added 88,164 Solana (SOL) to its treasury, worth $11.5 million and bringing its Solana stake to $34.4 million. On April 7, DeFi Development Corporation was acquired…

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MEXC Report Reveals That Airdrops Account for 35% of New User Registrations

A new report from crypto exchange MEXC revealed that more than one-third (35%) of all new user registrations on the platform were driven by airdrop participation, surpassing other traditional user acquisition channels like referral programs, marketing campaigns, and organic signups.   The evolution of user behaviour during airdrop campaigns Historically, airdrops were designed as a low-barrier…

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IOTA to undergo major mainnet upgrade to Rebased protocol in May

IOTA will implement its largest network upgrade to date on May 5, transitioning its mainnet to the new IOTA Rebased protocol.  The upgrade introduces full decentralization, staking, Layer 1 smart contract support via MoveVM, and scalability exceeding 50,000 transactions per second. The Rebased protocol replaces IOTA’s (IOTA) previous architecture with a delegated Proof-of-Stake (DPoS) model,…

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Crypto firms moving into Wall Street territory amid ‘growing synergy’

Cryptocurrency firms and exchanges are increasingly moving into Wall Street territory, launching more traditional investment offerings and showcasing the increasing connection between crypto and traditional finance (TradFi). “There’s a growing synergy between traditional financial investments and the emerging crypto space,” according to Gracy Chen, the CEO of Bitget, the world’s sixth-largest crypto exchange. “Crypto players…

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