The details of the EigenLayer airdrop were finally unveiled, drawing both applause and significant scrutiny. The launch plan includes allocating 45% of the 1.67 billion tokens to the community, with
Continue ReadingEigenLayer airdrop draws criticism amidst transferability concerns, allocations
MicroStrategy’s Bitcoin holdings increased by 122 BTC in April, according to the company’s latest quarterly report. MicroStrategy, the largest Bitcoin holder among public companies, keeps buying more BTC, as its
Continue ReadingMicroStrategy boosts Bitcoin holdings to 214,400 BTC with $7.8m purchase
The leading Ethereum decentralized exchange, Uniswap, contributes substantially more volume to layer 2 blockchains compared to the activity seen two years ago. The decentralized exchange (DEX) accounts for around 37%
Continue ReadingUniswap DEX comprises 37% of Ethereum L2 volume
Russia is not planning to outlaw crypto turnover in the country, an official said, emphasizing the need for accurate reporting over sensational headlines. Russian lawmaker Anton Gorelkin, who serves as
Continue ReadingNo plans for total crypto ban in Russia, lawmaker says
The top cryptocurrencies to keep an eye on this week include Bitcoin (BTC), Ethereum (ETH), and Pepe (PEPE). Bitcoin whales taking profits Bitcoin has seen a decrease in whale activity
Continue ReadingTop cryptocurrencies to watch this week: BTC, ETH, PEPE
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The fallout from the FTX collapse and
Continue ReadingRegulating CEXs won’t stop bad actors: lessons from the FTX trial | Opinion
Phoenix Wallet, a Bitcoin (BTC) wallet designed for Lightning payments, has announced that it will stop serving U.S. residents on May 3. ACINQ, the company behind Phoenix Wallet, plans to
Continue ReadingPhoenix Wallet halts services for US users amid regulatory uncertainty
Financial services firm Depository Trust and Clearing Corporation (DTCC) has announced it will not allocate any collateral or offer loans for ETFs with exposure to Bitcoin or other cryptocurrencies. As
Continue ReadingDTCC withdraws collateral, loan support for crypto ETFs
Yuga Labs will restructure, expecting to result in team members’ layoffs. Company Co-Founder and CEO Greg Solano presented a company memo announcing the restructuring. In his statement, he called today “tough.” gm,
Continue ReadingYuga Labs CEO announces layoffs, focusing on ‘getting back to roots’
Nearly a week after the halving, Bitcoin Runes have achieved a milestone as observers and participants alike deliberate over the impacts of the new standard. According to a Dune Analytics
Continue ReadingBitcoin Runes attract $135m in fees post-halving