Celestia airdropped TIA to 580,000 users as it launched its mainnet today. But what even is it?
If you've been scouring Crypto Twitter over the past 24 hours, you'll likely have caught wind of modular blockchain network Celestia and its native token, TIA.
Celestia mainnet is live ✨https://t.co/Sj7RAfTh4W pic.twitter.com/Sd6CsU2dwL
— Celestia (@CelestiaOrg) October 31, 2023
Yesterday, Celestia launched its mainnet beta and airdropped TIA to 580,000 users. Since its launch, TIA has jumped over 10%.
But what exactly is Celestia, and more importantly, TIA?
What started as a minor enforcement action now reads like a farce: hidden fee schemes, missing disclosures, and a CFTC that wants a do-over –minus the refund.
A hack turns into a courtroom stress test: when “decentralized” systems reveal their control points, long-settled property law – not crypto norms – decides who gets paid, and who gets exposed.
Draft rules for the Digital Asset Market Clarity Act are exposing contradictions at the heart of web3 lobbying, as industry players push back against the very DeFi exemptions and developer protections they once demanded.
Crypto audits have evolved from catching real bugs to listing quantum computing risks and noting that "code quality could be improved." As programmers got better at avoiding basic mistakes, auditors started padding reports with generic warnings, leaving the actual risks buried or ignored entirely.
Bitcoin shrugged off a failed Senate crypto bill and the Fed’s first rate hike since 2023. With ETF inflows returning, $82,500 is now the level that matters.
The Japanese financial group is backing dtcpay through two investment vehicles as it looks to build digital-asset links between Japan and Southeast Asia, adding to a round Vertex Ventures led in March.
Coinbase, Strategy and Robinhood all jumped more than 9% Friday on Wall Street's read of the SEC's tokenized-stock framework, while Hyperliquid, Zcash and NEAR led a broader altcoin surge that pushed the total market back above $2.8 trillion.
A new study using real EU regulatory data finds that the multi-input heuristic can be highly accurate in some cases and completely wrong in others, raising serious questions about its use as forensic evidence.
%20-%20Everything%20You%20Need%20to%20Know){kind=link}