EigenLayer’s EigenDA to support layer-2 native token restaking
Users will be able to earn restaking yield from layer-2 tokens on EigenDA.
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Report: Facebook Acquires Blockchain Startup in Apparent First
19 MINUTES AGO Social media giant Facebook has reportedly acquired a blockchain startup, marking an apparent first for the company. Facebook has reportedly acquired blockchain startup Chainspace in an ‘acquihire,’ or an acquisition of a company made primarily for the skills or expertise of its staff News Social media network Facebook has reportedly acquired Chainspace…

Crypto Biz: Elon Musk: The ultimate crypto tourist
Tesla's foray into Bitcoin may have been one big distraction for the electric vehicle maker, which reported mixed financial results earlier this month. 238 Total views 11 Total shares Elon Musk’s Tesla proved to be the ultimate paper hands after the electric vehicle maker sold 75% of its Bitcoin (BTC) holdings in the second quarter.…

Nervous newbies are taking profits while long-term BTC investors hodl strong
Despite short-term Bitcoin trading spiking in January, wallets that have been inactive for at least three years are the largest segment of the BTC holders. 3659 Total views 15 Total shares Long-term Bitcoin hodlers appear not to be selling despite 2021’s all-time highs, while nervous newbies have been taking profits along the way.According to Unchained…

Report: Analysts Identify Trail of Bitcoin Donations to Gaza’s Ruling Group Hamas
An Israeli blockchain intelligence firm claims to have identified proof of donations in Bitcoin (BTC) reaching Hamas, the de facto ruling authority of the Gaza Strip in Palestine. The development was reported by Israeli financial daily newspaper Globes Feb. 3.Globes reports that a BTC wallet address for receiving the funds was first published Jan. 31…

US Dept. of Homeland Security Takes Interest in Investigating Blockchain Transactions
The U.S. Department of Homeland Security (DHS) is seeking information about investigating and analyzing blockchains, including those used for privacy coins, according to a pre-solicitation notice published Nov. 30.DHS has released a proposal, which invites interested parties to comment and design applications for blockchain forensic analytics in respect to emerging cryptocurrencies. The proposal also calls…

WEF Says Complete Blockchain Overhaul Unlikely
The WEF's blockchain project lead said the technology has its place, but likely will not takeover as the underpinning of all systems. Ashley Lannquist, blockchain project lead for the World Economic Forum, or WEF, explained blockchain has its use cases, but the technology is not without limitations. "I think it is unlikely that blockchain technology will…

US Social Security moves public comms to X amid DOGE-led job cuts — Report
The Social Security Administration (SSA) has explicitly stated that rumors of a 50% or more reduction of its workforce are false. The US Social Security Administration (SSA) will move all public communications to the X social media platform amid sweeping workforce cuts recommended by the Department of Government Efficiency (DOGE), led by X owner Elon

WazirX announces INR withdrawals will resume on Aug. 26
The crypto exchange did not provide a timeline on when crypto withdrawals might resume, citing legal issues.