LayerZero, a cross-chain interoperability protocol, is gearing up for its first token airdrop, but its strategy against token farmers is causing division. The main concern surrounds LayzerZero’s “anti-Sybil strategy.” Sybil activity occurs when a group or individual creates multiple wallets to interact with a protocol in the hopes of qualifying for its airdrop multiple times….

BlackRock’s income and bond-focused funds have bought shares of the asset manager’s own spot Bitcoin exchange-traded fund (ETF) in the first quarter, regulatory filings show. BlackRock’s Strategic Income Opportunities Fund (BSIIX) snapped up $3.56 million worth of the iShares Bitcoin Trust (IBIT) while its Strategic Global Bond Fund (MAWIX) made a $485,000 purchase, according to May 28 Securities and Exchange…

Ether may have an easy-to-explain selling point after all — an option for investors to bet on the future growth of Web3 — after recent doubts about defining Ether neatly to sell the idea of spot Ether exchange-traded funds (ETFs), according to a crypto analyst. “ETH is a tech play on the growth of Web3. A…