According to Cointelegraph: Here’s a roundup of the key developments in the crypto space today, including Kamala Harris’ first remarks on digital assets, Bitcoin’s continued outperformance against other asset classes, and the latest news on Hamster Kombat’s highly anticipated season one airdrop. Stay informed on the latest trends impacting blockchain, DeFi, and Web3.
Hamster Kombat Announces Season One Airdrop
The team behind the viral Web3 game Hamster Kombat has released more details about its eagerly-awaited season one airdrop. With 239 million users in its first 81 days, the Telegram clicker game has captured widespread attention, onboarding many new users into the crypto space. According to Telegram founder Pavel Durov, the game’s success may accelerate Web3 adoption.
For the airdrop, 60 billion Hamster Kombat (HMSTR) tokens will be distributed to eligible users. Of the total 100 billion tokens allocated to community members, 60% will be released after season one, with another 15% set aside for season two. Around 53.25 billion tokens will be distributed immediately, while 6.75 billion will be vested over 10 months following the token’s listing on exchanges.
Kamala Harris Finally Breaks Silence on Crypto
In a notable development, U.S. Vice President Kamala Harris spoke publicly about her approach to the crypto industry during a Wall Street fundraiser. As part of her presidential election campaign, Harris emphasized the importance of encouraging investment in innovative technologies like artificial intelligence and digital assets.
“We will encourage innovative technologies like AI and digital assets while protecting our consumers and investors,” Harris stated, according to a Bloomberg report on Sept. 22. This marks her first public statement on crypto since becoming the Democratic Party's presidential frontrunner.
Bitcoin Outperforms Nearly Every Asset Over the Past Year
Bitcoin continues to dominate the market, with asset manager VanEck reporting that BTC has outperformed nearly every asset class in the past 12 months. According to VanEck’s Sept. 19 report, Bitcoin has seen a 15% rise by market cap year-over-year, with spot prices more than doubling during that time.
Despite these gains, some investors remain cautious due to recent market volatility. Miners, in particular, appear to have benefited less from the past year’s Bitcoin boom. However, VanEck remains optimistic about the long-term prospects of Bitcoin, underscoring its strong performance amid broader market uncertainty.
