Korean Air partners with Wingbits to access real-time ADS-B data for its air traffic coordination system, testing drone and eVTOL taxi integration. Wingbits incentivizes contributors with tokens for placing receivers strategically, enhancing coverage. The startup closed a $5.6 million funding round and aims to revolutionize aviation data infrastructure.

Wingbits’ collaboration with Korean Air signals a shift towards decentralized aviation infrastructure. The partnership marks the startup’s first airline collaboration, highlighting the value legacy carriers see in blockchain-backed data networks. This move from crypto-native hype to mainstream aviation could underpin the next era of urban air mobility.

Bitcoin trades at $112,730, facing resistance despite ETF inflows. Ethereum nears $4,200 with increased sensitivity to market sentiment. Gold reaches record highs amid inflation concerns. S&P 500 futures remain flat as investors monitor risks at record highs. CleanSpark shares rise after securing $100M Bitcoin-backed credit from Coinbase Prime. MetaMask’s mUSD stablecoin surpasses $65 million supply, while Ethereum wallet Rainbow announces an RNBW token airdrop.

Read more at Yahoo Finance: DePIN Flight Tracker Wingbits Lands Korean Air as First Major Airline Partner