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EigenLayer, After Touching Off Restaking Frenzy, Plans Own EIGEN token
Some 45% of the EIGEN token supply will go towards the EigenLayer community, while investors will be allocated 29.5% of the token supply, and 25.5% will go towards early contributors.
The Changing Face of Risk in DeFi
The biggest risk factors in the new era of decentralized finance may be economic, not technical, says Jesus Rodriguez, CEO of IntoTheBlock.
Binance’s CZ Will Spend Less Than a Year in Prison, Polymarket Traders Bet
Also, the CFTC wants to bar Americans from betting on elections – even though it's already illegal in most U.S. states.
We Must Protect Crypto-AI From Financial Nihilism
Financial nihilism is a common philosophy in Web3 but, ultimately, there’s no way to build long-lasting value without finding real customers for real products and services that solve actual problems, says Lex Sokolin.
Stablecoin Legislation Must Respect the Dual-Banking System
The Lummis-Gillibrand stablecoin bill subordinates state regulation to federal control, giving Washington too much power as to which entities can issue these important digital assets, say Jack Solowey and Jennifer J. Schulp at the Cato…
Japan’s Embrace of Web3 Uncertain as Ruling Party Under Threat
Liberal Democratic Party leader and Prime Minister Fumio Kishida once called Web3 a “new form of capitalism,” but he faces a party leadership election in September.
Protocol Village: Natix, Crowdsourced Camera Network With Web3 Incentives, Secures $9.6M
The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 25-May 1.
DOJ Disputes Roman Storm’s Characterization of Tornado Cash Operations in New Filing
The U.S. Department of Justice rebuffed Roman Storm's motion to dismiss criminal charges against him late Friday.
Bitcoin Chops Around $64K, With Japanese Yen’s Tumble Maybe Signaling ‘Currency…
The yen's volatile episode may spread to other fiat currencies as U.S. rate cuts remain elusive amid sticky inflation, which could drive investors to gold and bitcoin, Noelle Acheson said in an interview.
Warren Rival for Senate Race John Deaton Argues for Coinbase in SEC Challenge
Lawyer-turned-politician John Deaton further reinforced his credentials as an outspoken crypto ally on Friday, filing a friend-of-the-court brief in Coinbase Inc.'s (COIN) effort to get a higher U.S. court to rule on a central question…