Ethereum restaking protocol EigenLayer is airdropping around 28 million more of its native EIGEN tokens to over 280,000 wallets — just days after its first airdrop announcement. On Monday, EigenLayer announced it would allocate 15% of its total supply to the community, but some users deemed several provisions of its airdrop program as restrictive. In a…

Central bank digital currencies (CBDCs) offer governments the ability to exert absolute control over currency. They should be rejected by all fair-minded blockchain leaders, but that unfortunately is not the case. In June 2023, the International Monetary Fund (IMF) noted that most cryptocurrency innovations have come from the private sector. But it praised central banks for “catching…

The inflows from the recently launched spot Bitcoin exchange-traded funds (ETFs) in Hong Kong are not enough to cover the outflows from the 11 United States-based spot Bitcoin ETFs. So far, the Hong Kong ETFs saw $217 million worth of net inflows this week, according to a May 2 X post by James Butterfill, the…