EigenLayer’s EIGEN Airdrop Might Signal Demise of Once-Popular ‘Points’
EIGEN’s airdrop comes after a wave of criticism of its distribution plan and points program.
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Sexual Misconduct Allegations Lead Founder of Ethereum Layer-2 Chain ‘Eclipse’ to Step Back
Neel Somani, founder of Eclipse, which builds a layer-2 blockchain for Ethereum, said sexual misconduct allegations circulating against him on X were “false.”
WisdomTree’s Crypto Business Goes Live in New York Against Big Shareholder’s Wishes
WisdomTree’s digital asset app on Thursday became available to customers in New York, even as CEO Jonathan Steinberg is under pressure from shareholders as a result of the investment company’s push into decentralized finance.
Math Olympian in Shadow of John Nash Tries to Solve Blockchain, AI Trust Dilemma
Hyperbolic, the two-year-old startup focused on decentralized AI computing, said that it is introducing a protocol called “Proof of Sampling (PoSP),” aimed at addressing challenges with trust in decentralized AI networks.
Prometheum’s Contentious Answer to Crypto Compliance Is Running Late
Much of the crypto sector has been apprehensive about the ribbon cutting on Prometheum’s custody and trading operations, which the firm said will fully comply with U.S. Securities and Exchange Commission (SEC) demands. The doors have so far stayed shut well past the target date, but the company explained it’s still finishing a process for auditing smart contracts.
Binance Fined $4.3M by Canadian Financial Regulator for ‘Administrative Violations’
Canadian regulators hit Binance with a C$6 million ($4.3 million) fine on Tuesday, alleging the crypto exchange committed two separate “administrative violations” of the country’s financial regulations.
Grayscale Parent Digital Currency Group Reports $229M Revenue for Q1
Digital Currency Group (DCG), the parent company of asset manager Grayscale, reported a first quarter revenue up 11% from the previous quarter to $229 million.
Robinhood Wells Notice Shouldn’t Deter Eventual Approval of an Ether Spot ETF: JPMorgan
The potential legal action against Robin Hood should be viewed as a continued attempt by the SEC to reinforce its position that all crypto tokens outside bitcoin and ether should be classified as securities, the report said.
ETH Reverts to Inflationary Asset Following Fee-Reducing Dencun Upgrade
Ethereum’s recent Dencun upgrade, which was designed to reduce fees and help scale the network, has caused ether {{ETH}} to revert back to an inflationary asset — potentially reversing one of the key benefits of last year’s Merge.