EigenLayer to cough up around 28M more EIGEN after airdrop backlash

Institutional investors are seen to be rushing toward Bitcoin (BTC) at high speed, with more companies emerging that look to adopt Bitcoin as a way to store their reserves. Recently, Marathon Patent Group, a Nevada-based Bitcoin mining company, has bought $150 million worth of Bitcoin as a reserve asset, a move similar to MicroStrategy purchasing…

The development team behind altcoin Bitcoin Private (BTCP) has confirmed the creation of 2.04 million units of BTCP “that were never intended to exist on the blockchain,” according to an official statement published Dec. 24.On Dec. 23, digital assets analytics website Coin Metrics published a report revealing that during the import of Bitcoin (BTC) chain…

America’s largest cryptocurrency exchange, Coinbase, made headlines over the past few weeks for an internal culture change that effectively told employees that there will be no space for social activism within its walls. Furthermore, a recently leaked audio apparently reveals that most employees approve of the new direction.The “apolitical” stance that is being adopted by the…

Our weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong moves bullish On Feb. 20, the Securities and Futures Commission (SFC) of Hong Kong launched a consultation on its proposed regulatory requirements for digital asset trading platforms. The SFC requires the licensing of all cryptocurrency exchanges operating in Hong…

Apart from trying to get rid of cheating and bots, Stepn is also working to limit its platform’s availability for users in mainland China. 498 Total views 8 Total shares Solana-based move-to-earn application Stepn has reported multiple denial-of-service (DDoS) attacks in the aftermath of the platform proceeding with a major anti-cheating upgrade.Stepn took to Twitter…

The Volcano Bond was approved by the country's Digital Assets Commission on Dec. 11, with issuance expected in Q1, 2024. El Salvador's long-anticipated Bitcoin bonds, also known as "Volcano Bonds" have received the regulatory nod, and are expected to launch early 2024.The Volcano Bond was approved by El Salvador's Digital Assets Commission and is anticipated

Royal Bahamas police have arrested SBF at the request of the U.S. government, based on a sealed indictment. 3948 Total views 45 Total shares Own this piece of crypto history Collect this article as NFTSam Bankman-Fried, the former CEO of the FTX cryptocurrency exchange and founder of Alameda Research, has been arrested and taken into…

A review of payments received by the world’s 17 largest crypto exchanges has shown that Bitcoin Cash (BCH) use in commerce has decreased, according to blockchain analytics firm Chainanalysis, Bloomberg reported August 20. A group of analysts from Chainanalysis found that BCH payments dropped to $3.7 million in May from $10.5 million in March, while…

Business intelligence firm MicroStrategy — one of the largest corporate holders of Bitcoin (BTC) in the United States — managed to return to profitability in the second quarter amid a surge in the price of Bitcoin.In a Q2 earnings results filing posted on Aug. 1, MicroStrategy reported $22.2 million in net income, a massive swing…