Crypto News
Aviation DePIN Network Wingbits Raises $5.6M for Decentralized Flight Tracking
Wingbits, a decentralized physical infrastructure (DePIN) startup focused on the aviation industry, has raised $5.6 million in funding.DePIN, the model of using hardware secured by a decentralized network, could be seen as a blockchain equivalent of the cloud computing services offered by Big Tech giants like Amazon and Google. The investment round, which takes Wingbits' total backing to $9.2 million, was led by Borderless Capital and Bullish Capital. The latter's parent company, Bullish Group, is also the owner of CoinDesk.Wingbits' aim is to offer rewards-based flight tracking using cryptographically-secured Automatic Dependent Surveillance–Broadcast (ADS-B) receivers."Flight tracking has long relied on a global network of volunteers who install home antennas to collect flight data," Wingbits said in an emailed announcement on Tuesday....
Landmark Study Reveals New Benefits and Risks of Obesity Drugs Like Ozempic
A study by the Department of Veterans Affairs says that drugs like Ozempic can do plenty more than just help with weight loss.Source link
Official Trump Solana Meme Coin Back on the Rise With Coinbase Listing
The official TRUMP token on Solana is up nearly 9% on the day, hitting its highest price in more than 24 hours.Source link
Rex Shares and Osprey Funds File for TRUMP ETF
The filing documentation lists a total of seven crypto ETFs, including funds that will hold the memecoins Bonk and Dogecoin. Trump, Dogecoin, and Bonk May Get Their Own ETFs This Year ETF provider Rex Shares and its crypto-focused sister company, Osprey Funds, have filed for seven crypto exchange-traded funds (ETFs) with the SEC, including oneSource link
Ethereum’s Vitalik Buterin Goes On Offense Amid Major Leadership Shake-up
It's been a rough year for the Ethereum Foundation, the grant-giving nonprofit that helps support Ethereum, the best-known blockchain behind Bitcoin. As Ethereum loses market cap and mindshare to competitors, the foundation has been beset by scandal. Vitalik Buterin, Ethereum's co-founder and chief figurehead, has laid out a new plan to right the ship."We are indeed currently in the process of large changes to EF leadership structure, which has been ongoing for close to a year," Buterin said in an X post. "Some of this has already been executed on and made public, and some is still in progress."In his X post outlining the changes, Buterin listed a series of goals, including improving the "technical expertise within EF leadership" and...