EigenLayer users fume over restrictive airdrop, others say it’s ‘generous’

The Twitter exchange between WazirX co-founder Nischal Shetty and Binance CEO Changpeng “CZ” Zhao over the ownership of the Indian crypto exchange grabbed a lot of headlines in the first week of August. WazirX was reportedly acquired by Binance in 2019, and ever since then, the Indian crypto exchange has been referred to as “Binance-owned”; however,…

India's former finance secretary Subhash Garg clarified that "it is misleading to say that private cryptocurrencies will be banned." 2827 Total views 27 Total shares The creator of India’s crypto bill, former Finance Secretary Subhash Garg, dismissed the notion of banning “private cryptocurrencies” as a misinterpretation while highlighting the enormous potential of cryptocurrencies and blockchain…

The market capitalization of USD Coin (USDC), a stablecoin issued by U.S.-based payment tech firm Circle, has dropped below $50 billion for the first time since January 2022.On the weekly chart, USDC's market cap, which reflects the number of U.S. dollar-backed tokens in circulation, fell to $49.39 billion on Sep. 26, down almost 12% from…

Decentralized gaming guild Yield Guild Games (YGG) has partnered with, and invested in, eight new play-to-earn (P2E) blockchain games.YGG lends out nonfungible token (NFT) gaming assets to Guild players so that they can earn rewards from a long list of P2E games without having to front the costs of purchasing the NFTs themselves. The guild…

Mining new Bitcoin keeps getting harder, but the current difficulty is still far from its record highs. 303 Total views 3 Total shares As the Bitcoin (BTC) network hashrate continues recovering amid global miners accumulating more capacity, the cryptocurrency is getting increasingly difficult to mine.On Sept. 21, the Bitcoin network posted another mining difficulty adjustment,…

Crypto exchange OKX has announced that it has made a deal with English Premier League (EPL) champions Manchester City to become the team’s training kit sponsor for the 2022-23 season. Despite the current bear market, it appears that crypto and sports partnerships have been going strong, with fellow EPL team Everton also recently signing a…

Chainlink (LINK) emerged as one of the best cryptocurrency performers on Sep. 6 as it jumped 8.25% against the U.S. dollar.In detail, the LINK/USD exchange rate reached $36.35 for the first time since May 20, months after bottoming out near $13.45, thus recovering by more than 170% altogether. At the same time, its recent bout…

The meme-based cryptocurrency has exploded on Twitter over the past 24 hours, mirroring the rapid appreciation in DOGE price. 4205 Total views 41 Total shares Dogecoin (DOGE), a meme coin created as a joke, has seen a groundswell of Twitter activity in the past 24 hours after attention was thrown on the coin by the…

Communication is key, especially when it comes to explaining Bitcoin to mainstream corporate entities. 156 Total views 1 Total shares Earlier this year, business intelligence giant MicroStrategy put $425 million of its treasury funds into Bitcoin (BTC). The move was largely seen as a big step in the right direction for mainstream Bitcoin adoption. MicroStrategy,…