Several U.S. House Democrats Petition Colleagues to Join Yes Side on Crypto Bill
Crypto market-structure bill FIT21 is set for a vote on Wednesday, though its chances in the Senate remain uncertain.
Financial
Financial
Financial
Uniswap Labs Urges SEC to Drop Pending Enforcement Action in Wells Response
Uniswap’s lawyers say the protocol doesn’t meet the SEC’s own definition of an exchange.
Financial
Second Ethereum Foundation Researcher Acknowledges Advisory Deal Paid in EIGEN
The news set off a debate on the social-media platform X about whether advising the EigenFoundation might constitute a conflict of interest – given the flagged risks to Ethereum from restaking protocol EigenLayer.
Financial
Farcaster, Blockchain-Based Social Media Startup, Raises $150M, Led by Paradigm
Dan Romero’s Farcaster made waves earlier this year with the introduction of “Frames,” a feature allowing apps to run within posts, so users don’t have to click off to another site. Other investors in the latest fundraising round include a16z and Haun.
Financial
Gala Games Hacker Returns $23M in ETH; Founder Proposes ‘Buy and Burn’
Gala investor DWF Labs also said that it had purchased 28 million GALA tokens “to alleviate market selling pressures.”
Financial
Crypto Sleuth Ogle Proposes Security-Centric ‘Glue’ Blockchain
The upcoming layer-1 takes a hands-on approach to ensuring project security.
Financial
Crypto Derivatives DEX Aevo’s Token Jumps 10% as Binance Labs Discloses Investment
The token’s price is still down nearly 70% since March.
Financial
Web3 Marketing Startup Spindl Launches On-Chain Ad Network
Crypto wallet activity is a better way to find sales prospects than “weird, sketchy Web2 veri,” says Spindl CEO (and Facebook vet) Antonio Garcia Martinez.
Financial
Solana-Based Wallet Phantom Buys Web3 Specialist Bitski
The Bitski team will be joining Phantom to bring embedded wallets to Solana, simplifying the onboarding process for both users and developers, the firms said.
Financial
First Mover Americas: Bitcoin Hits $71K as Ether ETF Hopes Build
The latest price moves in crypto markets in context for May 21, 2024.