News

Following the restaking protocol’s announcement on Monday, users who felt left out of the newly revealed Eigenlayer airdrop have taken to social media to criticize it, pointing out features like its non-transferable token structure, stringent geo-restrictions, and brief snapshot duration. In a blog post on April 29, Eigenlayer, the second-largest protocol with $15.67 billion in … Read more

Three equities are moving significantly in today’s premarket trading due to noteworthy news. Following CEO Elon Musk’s successful trip to China, where he negotiated a significant mapping agreement with Baidu for the company’s Full Self-Driving software, Tesla (NASDAQ: TSLA) shares are rising. The Redstone family and Larry Ellison have made concessions to allay investor dissatisfaction, … Read more

The Deutsche Bundesbank conducted a ground-breaking survey that found that Germans were generally receptive to the idea of a digital Euro. This interest in Central Bank Digital Currency (CBDC) offers a critical chance to modernize the European financial landscape and suggests a change in public perception of digital assets. Research Shows That Despite Banking Stress, … Read more

Ahmad Shadid, the CEO of Io.net, has revealed specifics of a Sybil assault on the network while highlighting the steps the organization is doing to strengthen security. Shadid’s postmortem, which was shared on social media, claims that the attackers used weaknesses to pretend that a GPU was available and to get incentives from the Solana-based … Read more

In spite of MATIC’s performance in terms of pricing, Polygon continues to lead in a crucial area. In particular, April’s non-fungible token (NFT) activity on blockchains powered by the Ethereum Virtual Machine (EVM). Observing Polygon’s NFT industry On April 15, Polygon processed about 3.4 million transactions, which represented a nearly 10% increase from the previous … Read more

Understanding the so-called Proof-of-Stake (PoS) is one of the essential ideas to grasp to go deeper into the world of blockchain technology and cryptocurrencies. The distinction between centralized and decentralized systems using the Proof-of-Stake Blockchain A blockchain would only be a chain of linked blocks on its own, as the name implies. However, it is … Read more

This Friday, the U.S. Roman Storm, the developer of Tornado Cash, asked the Department of Justice to drop the criminal accusations against him. They contended that the contested facts in the defense’s petition were better suited for jury deliberation than first motion arguments. To put things in perspective, Storm and colleague developer Roman Semenov are … Read more

Yuga Labs, the business behind the non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC), has announced yet another layoff and company restructure in just over six months. Greg Solano, the company’s CEO and co-founder who assumed the role in February, made this announcement. Co-Founder: Yuga Labs, “Lost,” Needs to Find Its Path Solano said … Read more

Popcat [POPCAT], a memecoin based on Solana [SOL], has increased by more than 200% in the past week, and readings from important indicators indicate that it might continue to rise in the near future. At the time of publication, the altcoin was trading at $0.4385. According to CoinMarketCap’s data, it surged in price by 205% … Read more

In response to a lawsuit by New York’s Attorney General, Digital Currency Group (DCG), the parent company of insolvent cryptocurrency lender Genesis, has hired its first-ever chief legal officer. DCG announced in a statement on Thursday that Aimie Killeen has been named as its new legal chief. She was Chief Legal Officer of software and … Read more