Blockchain Bites: Airdrops, Record Volumes, $1B BTC on Ethereum
There is now more than $1 billion worth of bitcoin on Ethereum, record-setting transaction volume is boosting Ethereum miners’ revenue and VeChain joins China’s food safety watchdog to build track and trace capabilities. Top shelf Token reflections Uniswap’s decision to airdrop its new governance token was less about competing with its genetic clone SushiSwap, and more about building a community, CoinDesk’s Brady Dale reports.
Community points The number of monthly users who earned T-Points, or loyalty points, for bitcoin (BTC) payments on the bitFlyer exchange in Japan reached a record high in August. CoinDesk’s Danny Nelson reports the directorate is putting $25,000 up for grabs in their new digital wallet challenge, a user interface design competition to pair with DHS’s work in the blockchain and decentralized identity space.