The upcoming governance token will support device security, DApp curation, and community participation across Solanaâs mobile platform Solana Mobile is preparing to introduce its long-anticipated SKR token in January, marking a major milestone in the rollout of its Seeker smartphone ecosystem. The token is designed to function as the governance and coordination layer for the companyâs expanding mobile platform, with a fixed supply of 10 billion SKR. In its latest announcement, Solana Mobile detailed the initial token distribution, with 30% earmarked for airdrops and 25% allocated to growth and partnerships. Additional allocations include 10% for liquidity, 10% for a community…
Author: Blockto Team
Phase 1 introduces liquid staking for XRP as developers prepare a full insurance-driven rewards model for early 2026 Firelight Finance has launched a new XRP staking protocol on the Flare network, introducing a liquid token called stXRP designed to support an emerging DeFi insurance framework. The rollout marks a significant step toward expanding XRPâs role in decentralized finance, though staking rewards will not activate until the next development phase. In its initial phase, users can bridge XRP to Flare using the FAssets system, deposit FXRP into Firelight, and receive stXRP on a one-to-one basis. The token already circulates within the…
Parent-controlled accounts aim to teach financial literacy, but critics warn of early exposure to high-risk assets Binance has introduced Binance Junior, a controlled crypto environment for minors aged 6 to 17, igniting a widespread debate about whether children should be interacting with digital assets at all. The launch positions the product as a tool for early financial education, though others fear it may normalize youth engagement with speculative markets. The new application functions as a parent-managed sub-account, linked directly to an adultâs verified Binance profile. Parents can deposit crypto, set spending limits, oversee on-chain transfers, and enable selected Earn features…
Trillions move across the Bitcoin network, yet most activity remains institutionalânot in everyday consumer payments Bitcoinâs role as a global value-transfer network is expanding rapidly, with settlement volumes now rivaling the worldâs largest payment processors. But despite its scale, new data shows that most activity on the network is driven by wholesale flowsânot by consumers buying coffee with crypto. Over the past 90 days, Bitcoin processed $6.9 trillion in value transfers, placing it on par with the combined settlement volume of Visa and Mastercard, according to a new fourth-quarter digital-asset research report. Analysts note that this highlights Bitcoinâs evolution into…
Analysts warn as much as $8.8 billion could exit passive funds if major index providers follow MSCIâs lead MicroStrategy is confronting a pivotal moment as MSCI evaluates whether to remove the company from key global equity indices, a decision expected by mid-January. The review comes during a period of heightened scrutiny over the firmâs aggressive Bitcoin-accumulation strategy and mounting concerns among risk-averse investors. According to people familiar with the matter, discussions between MicroStrategy and MSCI are ongoing, with the outcome likely to have significant implications for the companyâs market standing. Analysts caution that a removal from indices such as MSCI…
Justice Ministry explores blockchain-based land registry, real-estate tokenization, and a broader shift toward digital public infrastructure Georgia is taking another significant step toward digitizing its public services, signing a new memorandum of understanding (MoU) to explore on-chain property rights and tokenized real estate. The initiative marks the countryâs latest move to modernize public administration using blockchain technology. The Ministry of Justice confirmed that it has entered an MoU with Hedera, a public blockchain network that operates through permissioned nodes. During a meeting between Justice Minister Paata Salia and Hedera representatives, officials outlined plans to study how blockchain could be integrated…
Corporate Ether purchases drop sharply, but a few deep-pocketed players continue expanding long-term holdings Corporate accumulation of Ether (ETH) is losing momentum after a strong surge in late summer, signaling a cooling phase in the broader treasury trade. New data shows that while overall institutional buying has declined sharply, a small group of dominant holders continues to strengthen its grip on the asset. Fresh analysis indicates that digital asset treasuries (DATs) reduced their Ether purchases by more than 80% over the past three months, falling from nearly 2 million ETH in August to just 370,000 ETH in November. Market analysts…
Ethenaâs derivative-based stablecoin sees steep November redemptions while traditional fiat-backed competitors add billions Ethenaâs synthetic stablecoin USDe recorded one of its sharpest monthly contractions to date, underscoring a widening divide between derivative-backed and fiat-backed stablecoins. Market data shows that USDeâs supply dropped 24% in November, falling from $9.3 billion to $7.1 billion, as users redeemed roughly $2.2 billion of the asset. USDe maintains its peg through a mix of crypto collateral and futures positions rather than holding cash reserves. According to market analysts, heavy outflows typically indicate that users are unwinding positions on decentralized applications, withdrawing liquidity, or selling the…
Gensler says Bitcoin stands alone while most crypto tokens face questions over fundamentals In a recent interview, former U.S. Securities and Exchange Commission Chair Gary Gensler drew a sharper line than ever between Bitcoin and the rest of the digital-asset market, cautioning that thousands of tokens remain âhighly speculativeâ and lack the foundations investors typically expect. Gensler reiterated that Bitcoin behaves more like a commodity, noting that it does not promise dividends or issuer-driven returns. By contrast, he argued that most tokens fail to offer clear economic valueâa concern he emphasized throughout his tenure at the agency. âYou have to…
Regulators weigh U.S. dollar vs Taiwan dollar backing as new framework approaches final approval Taiwan is moving closer to introducing its first fully regulated stablecoin, with government officials signaling a potential launch in the second half of 2026. The initiative represents a major step in the islandâs digital asset strategy, but a key decisionâwhich currency the token will be pegged toâremains unresolved. Taiwan Moves Toward Formal Stablecoin Framework According to statements delivered to lawmakers, the Financial Supervisory Commission (FSC) has advanced the draft Virtual Assets Service Act through initial cabinet review, with expectations that the legislation could clear a third…
