Prominent decentralized network provider for IoT devices, Helium network is witnessing the tremblence resembling the crypto winter. In June, 2022, the network announced the launch of a separate mobile...
Tag: Heliums
Binance misallocates $20M Helium’s HNT tokens in mistake
Binance misallocated roughly $20 million of Helium’s HNT token to its users due to an accounting bug, Coindesk reported on Sept. 16. According to the report, Binance has since patched the bug after it...
Algorand Booster Rolled Back on Helium’s Proposed Move to Solana
Earlier this month, Algorand underwent an upgrade that made its layer 1 protocol one of the fastest in crypto. On 12th September, two officials of the Algorand network posted on Twitter about bringing...
Helium’s HNT Token Drastically Down by Over 50% in Last 30 Days
The market cap of HNT token dropped by more than 50%. It dropped from over $1B to ~$460M. According to the analysis by CoinMarketCap, Helium’s HNT token is down 4.05% in the last 24 hours, with ...
Helium’s Proposal for Transition to Solana
On August 31st, 2022 Helium Foundation published a blog consisting of a proposal HIP 70. This proposal had several key factors to decide the further path for the whole Helium ecosystem. By and large, ...
Solana: Why critics are opposed to Helium’s latest proposal
Solana [SOL] is slated to become the next home for the Helium network. The announcement made by the Helium Foundation was part of a new proposal dubbed HIP 70. If approved, it will mark the start of a...
Critique on Helium’s $6.5K monthly revenue causes a stir
A recent critique from author and entrepreneur Liron Shapira on the Helium blockchain project has caused a strong debate over the long-term prospects of the company. Founded in 2013, Helium is an Inte...
Helium’s [HNT] latest test opens door to these possibilities
Helium’s native cryptocurrency HNT has sold off significantly since its historic all-time-high of $59 in November 2021. Interestingly, a closer inspection reveals that it has been trading in a wedge p...
Helium’s Nova Labs now valued at $1.2 billion after fastest rollout in history
Today, Nova Labs (formerly Helium Inc) announced $200M in Series D financing at a $1.2B valuation with investment from Tiger Global, a16z, Nokia, and Alexis Ohanian. Volvo, Cisco, and Accenture are no...
Samsung, Qualcomm Back FreedomFi, Helium’s 5G Crypto Network Partner
In brief FreedomFi, which makes firmware and hardware to power Helium’s new token-powered 5G network, just raised $9.5 million. Samsung and Qualcomm are among the firms that backed FreedomFi via their...