From ICOs (Initial Coin Offerings) of the past to “token generation events” (TGE) today, blockchain teams have successfully hijacked the process of minting money. This week, we saw airdrops of Wormhole's cross-chain bridge and "synthetic dollar" project Ethena. The total circulating market value of these tokens exceeded $3 billion. 🚀💰

Ethereum's new "blob market" is entering "price discovery mode." Vitalik Buterin shares his thoughts on meme coins.

Ethena airdropped approximately 750 million ENA tokens on Tuesday. This brought the first-day circulating market capitalization to approximately $1.2 billion.

The Ethereum blockchain has completed its major Dencun upgrade, including the EIP-4844 proposal, which creates a private space for data storage.

Blockchain bridge project Wormhole airdropped its W token to the Solana blockchain.

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