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May 3, 2024
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Published by Victoria Kyle at May 3, 2024
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EigenLayer to cough up around 28M more EIGEN after airdrop backlash

EigenLayer, the Ethereum restaking protocol, has announced another airdrop of approximately 28 million of its native EIGEN tokens to over 280,000 wallets, shortly after its initial […]
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May 3, 2024
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Published by Victoria Kyle at May 3, 2024
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Coinbase posts $1.2B net income in Q1, surpasses entire 2023 earnings

Crypto exchange Coinbase has reported a significant rebound in the first quarter of 2024, propelled by improved market performance and the introduction of Bitcoin exchange-traded funds […]
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May 3, 2024
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Published by Victoria Kyle at May 3, 2024
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Chainalysis will help Tether monitor secondary market for illicit activity

Tether will gain the ability to monitor the secondary market for its stablecoin, courtesy of a solution developed by blockchain analysis firm Chainalysis. This advancement will […]
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May 3, 2024
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Published by Victoria Kyle at May 3, 2024
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Block shares see after-hours bump as Q1 results top estimates

Fintech firm Block has exceeded Wall Street analyst revenue and earnings forecasts in its first-quarter results, leading to a surge in its shares after-hours.   Q1 […]
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May 3, 2024
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Published by Victoria Kyle at May 3, 2024
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Bitcoin bottom in, now headed for a ‘slow grind higher’ — Arthur Hayes

Former BitMEX CEO Arthur Hayes anticipates that Bitcoin has reached a local bottom and will gradually climb back up over the coming months.   Recent Market […]
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May 3, 2024
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Published by Victoria Kyle at May 3, 2024
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US lawmakers warn of Iranian crypto miners threatening national security

United States Senators Elizabeth Warren and Angus King have raised concerns about potential national security threats posed by cryptocurrency miners in Iran.   Letter to Biden […]
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May 3, 2024
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Published by Victoria Kyle at May 3, 2024
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The rise of the Chinese AI unicorns doing battle with OpenAI

Several Chinese startups specializing in generative artificial intelligence (AI) have recently achieved valuations exceeding $1 billion, intensifying competition in the field as they strive to rival […]
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May 3, 2024
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Published by Victoria Kyle at May 3, 2024
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Terraform claims SEC offered ‘no evidence’ for $4.7B in disgorgement

With a hearing set for May 22 to consider proposed remedies in the United States Securities and Exchange Commission’s (SEC’s) case against Terraform Labs (TFL) and […]
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May 3, 2024
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Published by Victoria Kyle at May 3, 2024
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Jack Dorsey’s Block is ‘DCA’ing’ into Bitcoin every month

Jack Dorsey, co-founder of Twitter and CEO of fintech firm Block, announced that Block will allocate 10% of its gross profit from Bitcoin products to purchasing […]
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May 3, 2024
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Published by Victoria Kyle at May 3, 2024
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Former FTX exec Ryan Salame to give up $5.9M Bahamas property

Ryan Salame, former co-chief executive of FTX Digital Markets, has agreed to transfer his multimillion-dollar property in the Bahamas as part of a plea agreement in […]
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