Details Revealed for the Anticipated Altcoin Airdrop: How Much Will They Distribute?

Strategy purchased 168 BTC for $18.8 million, continuing its holdings plan despite recent market volatility and achieving a 26% year-to-date yield. Strategy has added 168 Bitcoin to its substantial corporate treasury. The new purchase cost around $18.8 million in capital. This acquisition is the latest in a method of patient accumulation for the company. The […] The post Bitcoin News Today: Strategy Adds 168 BTC Worth $18.8M to Holdings appeared first on Live Bitcoin News.

The post Wormhole launches reserve tying protocol revenue to token appeared on BitcoinEthereumNews.com. Wormhole is changing how its W token works by creating a new reserve designed to hold value for the long term. Announced on Wednesday, the Wormhole Reserve will collect onchain and offchain revenues and other value generated across the protocol and its applications (including Portal) and accumulate them into W, locking the tokens within the reserve. The reserve is part of a broader update called W 2.0. Other changes include a 4% targeted base yield for tokenholders who stake and take part in governance. While staking rewards will vary, Wormhole said active users of ecosystem apps can earn boosted yields through features like Portal Earn. The team stressed that no new tokens are being minted; rewards come from existing supply and protocol revenues, keeping the cap fixed at 10 billion. Wormhole is also overhauling its token release schedule. Instead of releasing large amounts of W at once under the old “cliff” model, the network will shift to steady, bi-weekly unlocks starting October 3, 2025. The aim is to avoid sharp periods of selling pressure and create a more predictable environment for investors. Lockups for some groups, including validators and investors, will extend an additional six months, until October 2028. Core contributor tokens remain under longer contractual time locks. Wormhole launched in 2020 as a cross-chain bridge and now connects more than 40 blockchains. The W token powers governance and staking, with a capped supply of 10 billion. By redirecting fees and revenues into the new reserve, Wormhole is betting that its token can maintain value as demand for moving assets and data between chains grows. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/wormhole-launches-reserve

PANews reported on October 21st that, according to CoinDesk , Pantera-backed Solana Company ( HSDT, formerly Helius ), the SOL digital asset treasury, announced it would allow investors in its $ 500 million PIPE round to resell shares early, claiming it would " rip the band-aid . " The company's private placement in September was priced at $ 6.881 per share. Its current share price has fallen to approximately $ 6.50 , a cumulative drop of approximately 60% over the past three days, including a further 17% drop on Monday. The company stated that the early unlocking will clear out " weak hands " and strengthen its long-term shareholder base. The share prices of several digital asset treasuries have come under pressure since the PIPEs took effect, raising questions about the sustainability of this model.