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The price of XRP crashed following a huge airdrop that will credit all XRP holders who hold funds in participating exchanges and wallets with free Spark (FLR) tokens. On the morning of December 12, immediately after the airdrop all of the top ten coins by market capitalization were up 2-4% but XRP was down about 10%. The FLR, to be distributed by Flare Network on a yet-unreleased blockchain, is a smart contract utility fork of XRP. The pair will attempt to challenge Ethereum's dominance in decentralized finance (defi) and decentralized applications (dapps). Flare integrates with Ethereum's Virtual Machine, allowing existing Ethereum dapps to be ported over to Flare to serve the XRP ecosystem.

Flare Networks has announced that it will integrate Stellar Lumens (XLM) with its smart contract platform, thereby offering compatibility with the Ethereum blockchain. Users will be able to create XLM-backed tokens and use those tokens with Ethereum-based DeFi projects. While Stellar already supports native smart contracts, its own contracts are not compatible with the Ethereum Virtual Machine (EVM). Flare Networks has previously announced integration with XRP (XRP), Litecoin (LTC), and Dogecoin (DOGE).

"The Flare Network (FLR) is unveiling new details on its long-awaited launch with token airdrop plans for XRP holders."

Crusoe Energy Systems is harnessing surplus gas at source to turn it into electricity, powering the data centers that in turn generate revenue by mining Bitcoin. The company will install 70 units next year, each with a capacity of about 1 megawatt, which would keep about 10 million cubic feet a day of gas from being flared.

"Solar activity is ramping up as we experience solar cycle 25 and with it comes an increased likelihood of solar storms - a large release of energy in form of solar flares or coronal mass ejections. Solar storms can seriously impact technology on Earth as well as satellites and spacewalking astronauts due to increased radiation exposure. Earth is no stranger to the sun's wrath as large geomagnetic storms can interfere with high-frequency radio communications and Global Positioning Systems (GPS), according to NASA(opens in new tab)."

"The 11-year solar cycle-characterized by a rise in sunspots, solar flares, and other mass-scale activity in the massive ball of fusion at the center of our solar system-could cause unprecedented chaos the next time around, according to scientists. Even though the next peak, forecast to arrive in the first half of 2024, is expected to be weak on an astronomical scale, it could still disrupt everyday life for millions of people."