Financial system ‘outdated’ but crypto is no fix either: US swing voters

    The majority of Americans in swing states say the financial system is “outdated” but agree crypto may not be the solution either, a survey reveals. The study, conducted by the Digital Currency Group and The Harris Group, surveyed 1,201 people in six “swing states” — a term given to states that could reasonably be won by either…

    Ethereum L2 EigenLayer is last of ‘life-changing airdrops,’ experts say

    An ongoing, much-hyped airdrop conducted by Ethereum restaking protocol EigenLayer continues to generate controversy over its restrictive qualifications for claiming rewards. Project founders and users from across the crypto ecosystem are chiming in as a result. “The reality is that, in all likelihood, the era of life-changing airdrops is now behind us,” said Leandro Schlottchauer,…

    How and where to view crypto transaction histories

    Each transaction on the blockchain incurs a transaction fee based on a tiered pricing structure, meaning fees are determined by transaction size or network activity levels. These fees can vary significantly, making it important to monitor crypto transactions closely. A user can identify patterns and develop strategies to minimize costs by analyzing transaction history. Viewing…

    Where to store your crypto: Wallets provide diverse options for holders

    Being in control of your own assets — having total freedom of how and to whom they are sent — is a foundational tenant of cryptocurrencies. Today, over 10,000 cryptocurrencies exist on a multitude of blockchains. With the increased adoption and proliferation of digital assets, crypto users have more options than ever regarding how they…

    Could stablecoin volumes overtake Visa this quarter?

    Stablecoins may finally overtake payment giant Visa in total payment volume this quarter, according to research firm Sacra. Visa’s head of crypto, however, disagrees. In a blog post by Sacra co-founder Jan-Erik Asplund, the firm argued that stablecoins’ “extreme product-market fit for cross-border money movement” could see its total payments volume exceed Visa, reaching over…

    What are tokenized commodities?

    Tokenized commodities, which include energy resources, agricultural products, precious metals and other tangible things, are digital representations of real-world assets.  These assets go through a process known as “tokenization,” in which their ownership rights are converted into blockchain-based cryptographic tokens. Partially owned and accessible, each token usually represents a portion or entirety of the underlying commodity….

    LayerZero tackles sybil activity with self-reporting mechanism

    LayerZero Labs has unveiled a solution to address sybil activity, also known as “airdrop farming.” The creator of the cross-chain communication protocol introduced a self-reporting mechanism, offering sybil users 15% of their planned token allocation for honesty within a defined 14-day period. LayerZero stated in a May 3 post on X that it believes it’s important for…

    USDC overtakes USDT: Compliance is key to stablecoin dominance

    Tether has long dominated the stablecoin sector thanks in large part to USDT’s status as the first fiat-backed stablecoin. However, new serious competitors have entered the stablecoin market over the past several years, giving USDT a run for its money. Since 2024, the transaction volume of Circle’s stablecoin, USD Coin, has been on the rise. According…

    SEC will classify Ether as security, deny spot Ether ETFs — Michael Saylor

    MicroStrategy executive chair Michael Saylor speculated that the United States Securities and Exchange Commission will deny listing and trading of spot Ether exchange-traded funds. Speaking at MicroStrategy’s Bitcoin For Corporations conference on May 1, Saylor said the SEC would label ETH as a crypto asset security under its regulatory purview and not a commodity under the U.S. Commodity…

    Coinbase’s Base could make it the NVIDIA of DeFi

    Coinbase’s first-quarter earnings report — released May 2 — indicated the company has been thriving thanks to a vibrant market for Bitcoin and Ethereum over the last several months. However, the numbers indicated Base platform has shown even greater potential — and could make Coinbase the NVIDIA of decentralized finance (DeFi). Launched in August 2023, Base is a…