Ethereum L2 EigenLayer is last of ‘life-changing airdrops,’ experts say
Issues such as community discontent, farm accounts and restrictive criteria have plagued recent airdrops.
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Four months in prison for CZ, another US state kicks out Binance.US: Law Decoded
While Changpeng “CZ” Zhao received a surprisingly moderate jail term, Oregon has become the sixth state to revoke, suspend or decline to renew Binance.US’ license.
Gnus.AI Discord hack causes $1.27M in losses
The attacker was able to view team members’ private Discord messages, allowing them to gain access to the team’s wallet address and mint 100 million fake tokens.
Bitcoin distribution ‘danger zone’ over, analysts say
Bitcoin’s post-halving “danger zone” is over as Bitcoin establishes a firm footing above the $60,000 reaccumulation range, new analysis suggests.
Fairshake PAC and affiliates raise $102M to support crypto candidates
The Super PAC and its two affiliates have backed ads or otherwise supported efforts for crypto-focused candidates from both major political parties.
Marathon Digital, Kenyan government discuss crypto policy, energy use
The Kenyan president announced the talks at an American business summit in Nairobi attended by the U.S. commerce secretary.
Bitcoin price still in ‘prime buy zone’ even with rally to $65K
Analysts say Bitcoin price remains in an optimal buy zone even after BTC rallied to $65,500 today.
Jack Dorsey’s Block to raise $1.5B in senior notes offering
Fitch Ratings notes that Block has used convertible debt for external funding since its IPO and is well-positioned to exploit the growth in payments and consumer financial services.
Hong Kong spot Bitcoin and Ether ETFs struggle to gain traction
The exchange-traded funds only managed to attract around $22.5 million inflows during their first week of launch.
Summer will offer ‘perfect opportunity’ for investing in crypto — Arthur Hayes
The BitMEX co-founder says the current phase of price consolidation is ideal for accumulating crypto before macroeconomic factors trigger the next leg up in the bull market.
Runes and BRC-20s are just a stepping stone for Bitcoin DeFi
Bitcoin is becoming a yield-generating asset, thanks to new token standards like Runes, which may only be a stepping stone for Bitcoin DeFi.
First Bitcoin-backed synthetic dollar to launch with 25% yield
USDh is the first Bitcoin-native synthetic dollar with yield-generating capabilities. Is the 25% yield sustainable?
Mango Markets DAO buyback plan leads to accusations of ‘self-dealing’
Mango DAO used treasury funds to compensate hack victims through a buyback program, but critics claim it was done to benefit an FTX estate buyer.
Robinhood crypto business slapped with SEC Wells notice
The SEC is planning to file an “enforcement action” against Robinhood’s cryptocurrency business, according to the Wells notice.
Nasdaq-listed Tiger Brokers rolls out online crypto trading to Hong Kong
The Tiger Trade app allows professional traders access to 18 different cryptocurrencies alongside stocks, futures, U.S. Treasury bonds and Bitcoin ETFs.
Turkish crypto bill: 5 things to know before it’s introduced
Turkey was expected to introduce crypto legislation in early 2024, but the local parliament is yet to report on the process.
FTX addresses transferred $8.3M one day before amended proposal deadline
The transfer occurred a day before FTX debtors were set to release a new restructuring plan for the exchange.
Bitcoin Runes reclaim dominance over BTC transactions
Runes recovered to account for the lion’s share of transactions on the Bitcoin network.
Is China warming up to Bitcoin ETFs? BTC investor’s reply sparks curiosity
The trade agreements between China and Hong Kong could allow mainland investors to access spot BTC ETFs in Hong Kong.
Bitcoin privacy will survive despite CoinJoin closure — zkSNACKs CEO
The impending closure of zkSNACKs’ CoinJoin service has been described as a setback for Bitcoin developers and privacy proponents.
Satoshi-era dormant Bitcoin address wakes up after 10 years
According to a Chainalysis report, there are a total of 1.75 million dormant BTC addresses inactive for over a decade.
Bitcoin mining revenue hits post-halving yearly low
Daily revenue from Bitcoin mining dropped to under $3 million from the previous daily average of roughly $6 million in the first four months of 2024.
Back to extreme greed past $65K? 5 things to know in Bitcoin this week
Bitcoin manages an impressive comeback from two-month lows, but how high can BTC price action go before speculators take over?
How and where to view crypto transaction histories
Learn how to track cryptocurrency transaction histories with detailed steps to help navigate and understand crypto transactions.
Jack Dorsey leaves board of decentralized social network Bluesky
After backing and funding Bluesky when he was CEO of Twitter, Jack Dorsey has left the board of the social network.
South Korea stops short of allowing crypto in updated donation laws
Department store gift vouchers, stocks, and loyalty points from tech giants can be donated to charities, but not crypto.
Could stablecoin volumes overtake Visa this quarter?
Research firm Sacra predicts stablecoins will “eclipse” Visa on total payments volume this quarter, but Visa's head of crypto doesn’t agree.
Crypto venture capital funding hits $1B for second straight month
It is the first time since late 2022 where the industry has recorded two consecutive funding months above $1 billion.
Bad actors and ‘block storms’ — Bitcoin dev calls for testnet reboot
Bitcoin’s testnet needs to be reset so it can remain free for developers to use, says software engineer Jameson Lopp.
Bitcoin reaches one billion transactions
An average of 178,475 daily transactions have been made on Bitcoin in its 5,603 day existence.