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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 2, 2024
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Published by Victoria Kyle at May 2, 2024
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Pike Finance clarifies ‘USDC vulnerability’ statement on $1.6M exploit

Following a $1.6 million exploit on April 30, decentralized finance (DeFi) protocol Pike has issued a clarification regarding its previous statement concerning a vulnerability found in […]
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May 2, 2024
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Published by Victoria Kyle at May 2, 2024
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Nigeria’s Patricia exchange CEO refutes closure rumors

Fejiro Hanu, CEO of Nigerian crypto exchange Patricia, has refuted rumors of the platform’s closure, dismissing them as sensationalist media tactics aimed at generating clicks. Hanu […]
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May 2, 2024
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Published by Victoria Kyle at May 2, 2024
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Microsoft pours $2.2B into Malaysia for cloud, AI expansion

Microsoft unveils a $2.2 billion investment plan over four years in Malaysia, focusing on cloud and artificial intelligence (AI) services expansion.   This investment marks Microsoft’s […]
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May 2, 2024
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Published by Victoria Kyle at May 2, 2024
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LayerZero cross-chain interoperability protocol completes first airdrop snapshot

LayerZero, a cross-chain interoperability protocol, is gearing up to launch its highly anticipated airdrop for users. The first snapshot for the airdrop was completed on May […]
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May 2, 2024
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Published by Victoria Kyle at May 2, 2024
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Indian enforcement agency collaborates with Binance to bust scam app

The Enforcement Directorate (ED) of India, collaborating with crypto exchanges such as Binance, ZebPay, and WazirX, successfully seized 90 crores ($10.5 million) from the online scam […]
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