Eclipse Layer-2 Launches $ES Airdrop
Eclipse Launches $ES Airdrop, Distributing 15% of Token Supply
Eclipse, a layer-2 network combining Ethereum and Solana technologies, has announced the launch of its $ES token airdrop. The initial distribution will take place over the next 30 days, with a total of 1 billion $ES tokens minted.
Token Distribution Breakdown:
- 15% allocated to airdrop and liquidity provisions for core community members and developers.
- 35% to support ecosystem growth and research and development for network scaling.
- 19% for contributors, including team members, with a four-year vesting period and a three-year lockup.
- 31% for early supporters and investors, subject to a three-year lockup schedule.
Additional Crypto Updates:
Risc Zero’s 'Boundless' Incentivized Testnet Goes Live
Boundless, the decentralized zero-knowledge (ZK) compute marketplace powered by RISC Zero, has launched its incentivized testnet (“Mainnet Beta”) on Base, Coinbase’s Ethereum layer-2 network. Developers can now build and test applications in a live-like environment. The network has garnered early support from the Ethereum Foundation, Wormhole, and EigenLayer.
Bitcoin Proposal to Freeze Quantum-Vulnerable Addresses
A new Bitcoin draft proposal suggests freezing coins secured by legacy cryptography—including those in Satoshi Nakamoto’s wallets—before quantum computers can compromise them. This phased soft fork aims to make coins unspendable if upgrades aren't implemented.
Aethir and Credible Introduce DePIN-Powered Credit Card
Aethir, a decentralized GPU cloud network, and Credible Finance have launched the first credit card and loan product powered by a decentralized physical infrastructure network (DePIN). This allows Aethir’s ATH token holders and node operators to access stablecoin credit without liquidating their tokens.
Other News:
- Ripple and Ctrl Alt Partnership: Ripple has expanded its institutional custody services into the Middle East, partnering with UAE-based tokenization platform Ctrl Alt to support Dubai’s real estate digitization initiative.
- SharpLink Gaming's ETH Holdings: SharpLink Gaming (SBET) has become the largest corporate holder of ETH, with 280,706 ETH worth roughly $840 million.
Regulatory and Policy News:
- U.S. House Crypto Bills: The House of Representatives faced a procedural hiccup in advancing a trio of crypto bills due to objections from the House Freedom Caucus.
- Tornado Cash Developer Trial: A jury has been seated for Tornado Cash developer Roman Storm’s criminal trial, with opening arguments set to begin.
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