Today's Bytes: Solana shutting down, UEFA Champions League, Bitcoin Price!

Solana Outages Highlight Challenges of Building on Cutting-Edge Blockchain Technology

Solana, experienced another major outage, emphasizing the challenges of building on cutting-edge technology. Despite efforts to prioritize safety and security over perfect uptime, outages remain a recurring issue. Prominent figures like Helius Labs CEO Mert Mumtaz acknowledge the inevitability of such incidents but stress the importance of progress. The upcoming launch of Firedancer, a second validator client for Solana, aims to enhance network performance and decentralization. However, challenges are expected during rollout, underscoring the complexity of maintaining network reliability.

Mastercard Launches NFT-Powered Trivia Game for UEFA Champions League Fans

Mastercard has introduced an NFT-powered soccer trivia game for the 2023/2024 UEFA Champions League, offering fans the opportunity to win match tickets by showcasing their league knowledge. The game, developed in collaboration with MoonPay and Otherlife creative agency, allows Mastercard customers to collect branded NFT passes through the "Pass to Priceless" platform. Players can answer questions about Champions League history and statistics, with winners earning match tickets and the top player securing tickets to the Champions League Final at Wembley Stadium. The contest is open to Mastercard cardholders in select countries and runs until the June 1 final.

Bitcoin Bulls Revive $1 Million Price Bet Amidst U.S. Banking Sector Crisis

Bitcoin bulls are optimistic about the cryptocurrency's price reaching $1 million, as the U.S. regional banking sector faces a potential crisis reminiscent of last year's turmoil. New York Community Bancorp (NYCB), which acquired the failed crypto bank Signature Bank, has seen its stock value plummet, raising concerns within Bitcoin circles. Former BitMEX CEO Arthur Hayes predicts a potential dip in Bitcoin's price to $30,000 followed by a rebound, fueled by banking sector instability and the end of the Bank Term Funding Program (BTFP). Despite global economic instability, including China's stock market crash, Bitcoin has maintained a stable price range, showing resilience to macroeconomic triggers.

1. BTC: 42.9k (0%), ETH: 2360 (+2%), SOL: 95 (+2%)

2. 8 days of ETF inflows, GBTC outflows only $73m

3. MicroStrategy buys $37m more BTC

4. Hot NFTs: Quantum Cats, Nobody, RSIC

5. Quantum Cats 3x mint amid evolve hype

6. BTC volatility narrows, often pre-empts large move

7. Metamask & Robinhood integrate for trading

8. Azuki & Magic Eden announce partnership

1. Community channels launched in the past couple weeks. 👩‍👦‍👦

2. Last week we launched Profile and Social feed pages.

3. We closed the raise on Republic at $115K 🥂

4. NettyWorth was backed by Blockchain Founders Fund a $75M fund out of Singapore. 🚀

A lot of development still happening and expected to work on mobile in the next couple of weeks.

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