Solana-based gaming-focused layer-2 blockchain Sonic will airdrop its SONIC token to all its users onboarded through social-media platform TikTok.Sonic built its SonicX game natively inside TikTok, attempting to replicate the…

Avalon Labs, the issuer of the BTC-backed stablecoin USDa, has raised $10 million to grow its Bitcoin decentralized finance (DeFi) ecosystem.The Series A funding round was led by Framework Ventures…