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EigenLayer airdrop faces backlash over inability to move tokens and blocked jurisdictions
EigenLayer airdrop faces backlash over inability to move tokens and blocked jurisdictions

The details of the EigenLayer token were revealed yesterday, with a 15% airdrop allocation to ecosystem participants. The plan faced criticisms relating to the lack of transferability of the token and its heavy handed approach to blocking jurisdictions.

The Block·2024/04/30 13:16
Stablecoin legislation could prove bigger than US spot bitcoin ETFs, Bitwise CIO says
Stablecoin legislation could prove bigger than US spot bitcoin ETFs, Bitwise CIO says

Bitwise CIO Matt Hougan said Congress may pass comprehensive stablecoin legislation this year. If so, the “mainstreaming of stablecoins” could prove bigger than the U.S. spot bitcoin ETFs, Hougan said.

The Block·2024/04/30 12:40
Monthly crypto losses from hacks and scams were the lowest on record in April: CertiK
Monthly crypto losses from hacks and scams were the lowest on record in April: CertiK

CertiK reports that this month saw the least crypto-related losses from confirmed hacks, exploits, and scams since the blockchain security firm started tracking them.

The Block·2024/04/30 12:04
Bitcoin price on track for first monthly loss since August
Bitcoin price on track for first monthly loss since August

The price of bitcoin seems set to close April down 12% from its value at the beginning of the month.The monthly downturn marks the end of a seven-month winning streak of green candles for the digital asset — a trend that began at the beginning of September 2023.

The Block·2024/04/30 10:58
Celestia liquid staking protocol MilkyWay raises $5 million ahead of token launch and airdrop
Celestia liquid staking protocol MilkyWay raises $5 million ahead of token launch and airdrop

MilkyWay has raised $5 million in a seed round co-led by Binance Labs and Polychain Capital. The funding comes ahead of MilkyWay’s token launch and airdrop in the coming months.

The Block·2024/04/30 10:16
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