DeFi
Early users of projects have increasingly been able to receive additional token allocations in airdrops by complaining loudly and often.
Ethereum
If you don’t think the community deserves a significant amount, don’t release a token, said Uniswap’s Hayden Adams.
Bitcoin
The Bitcoin network has processed one billion transactions, 15 years, four months, and four days after Satoshi Nakamoto mined the genesis block.
Business
Just 1.4% of all crypto users are involved in DeFi, underscoring the difficulty of winning retail investors over to the opaque asset class.
Amidst a week of major airdrop controversy, a crypto project goes on the offense – and its community reacts strongly.
While Osmosis is now secured by OSMO stakers, developers plan to add staked BTC to the mix in June.
The layer 2 project launched last year had more than twice the transaction volume seen on the Ethereum blockchain over the past 30 days, according to Coinbase CEO Brian Armstrong.
Fintech firm Block plans to invest 10% of its monthly bitcoin-related gross profits into buying the asset itself till the end of the year, adding to its existing stash of $482 million worth of bitcoin.
The company recorded an extra $737 million in mostly unrealized gains in the quarter by using mark-to-market rules.
The $280 million move comes three days after EigenLayer announced its initial plans for its token genesis event, which attracted a range of criticisms, including how the airdrop allocation followed a linear distribution model that favored whales.
