DeFi
Of the roughly 108,000 wallet addresses that have claimed their airdrop allocation, just over 76,000 decided to stake their EIGEN tokens.
Ethereum
Linea has paused distributing LXP tokens after detecting Sybil activity that bypassed issuers and attained attestations as if they are genuine users.
Business
The victim of an address poisoning attack has recovered the entirety of WBTC tokens that were stolen after successful recovery efforts led by Match Systems and Cryptex.
Solana
The proposal would change Solana’s priority fee model by sunsetting the burn mechanism in an attempt to prevent offchain side deals which hurt the network’s security.
Grayscale withdrawing its application for an ether futures ETF was likely a big blow to the funds’ prospects for approval, analysts say.
Securitize is the distributor of BlackRock’s BUIDL Fund, which has seen over $382 million in deposits, per analytics platform rwa.xyz.
The low price of transacting is a result of the flight of activity away from Ethereum’s base layer to its layer 2 networks, particularly following the Dencun upgrade that occurred in March.
Regulation
With Consensys receiving a Wells notice from the SEC alleging it operated an unregistered securities broker — via MetaMask Staking — does that also put its partners, Lido and Rocket Pool, in the firing line, too?
Bitcoin
The explosive growth of loans facilitated by Ledn can be attributed to BTC’s price surge, which increased the borrowing power of bitcoiners, as well as the SEC approving several spot BTC ETFs earlier this year.
The proposed recovery plan for FTX customers reveals the inadequacies of current US bankruptcy laws when applied to crypto cases.
