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@unchainedcrypto

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@unchainedcrypto
Early users of projects have increasingly been able to receive additional token allocations in airdrops by complaining loudly and often. https://unchainedcrypto.com/who-knew-throwing-tantrums-would-be-such-an-effective-strategy-to-receive-a-larger-airdrop-allocation/
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Hedge fund MEV Capital has incubated a DeFi protocol designed to help smaller investors participate in the decentralized world. 🗞️ Read more: https://unchainedcrypto.com/hedge-fund-mev-capital-trying-to-bring-defi-to-the-masses/
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Osmosis is joining the Bitcoin layer 2 race with its new “alloyed bitcoin,” which represents a basket of wrapped BTC variants. Read more: https://unchainedcrypto.com/why-cosmos-defi-hub-osmosis-is-launching-a-bitcoin-l2/
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🛜 Coinbase CEO Brian Armstrong said layer 2 solutions such as Base are similar to the advent of broadband Internet. 🗞️ Read more: https://unchainedcrypto.com/base-emerges-as-rising-star-as-coinbase-revenues-surge/
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💰EigenFoundation announced it will allocate an additional $1,000 in EIGEN tokens to over 280,000 users, in response to criticism about the airdrop’s distribution strategy. https://unchainedcrypto.com/eigen-foundation-to-allocate-an-additional-100-eigen-tokens-worth-about-1000-to-over-280000-users/
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@unchainedcrypto
💰Tether’s massive profits were due mostly to gains on its holdings of bitcoin and gold. How will the leading stablecoin fare if new US regulations come into play? 🗞️ Read more: https://unchainedcrypto.com/tethers-record-4-5-billion-q1-profit-highlights-its-dominance-of-the-stablecoin-industry/
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@unchainedcrypto
📈 Exclusive: Multi-strategy hedge fund Schonfeld has started to trade bitcoin and ether options as Wall Street expands its crypto focus. 🗞️ Read more: https://unchainedcrypto.com/schonfeld-latest-wall-street-player-to-make-push-into-bitcoin-ether-options/
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Bitcoin layer 2 project Build on Bitcoin seeks to combine the security of Bitcoin with the versatility of Ethereum to create a “hybrid layer 2 solution.” Read more: https://unchainedcrypto.com/new-project-build-on-bitcoin-wants-to-lead-the-bitcoin-layer-2-renaissance/
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As over 500 casters head to Venice Beach for FarCon, Unchained dives into @Farcaster's rapid growth and its attempts to win over the crypto community. Featuring perspectives from @ted, @linda, @adrienne, and more. https://unchainedcrypto.com/farcaster-warpcast-win-over-crypto-different-from-crypto-twitter-farcon/
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⛏️Miners can now expect 1 petahash per second of hashing power to yield about $47 worth of BTC in a day, an all-time low. 🗞️ Read more: https://unchainedcrypto.com/bitcoin-mining-profits-plunge-as-hashprice-hits-all-time-low/
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JUST IN: The former head of Binance was sentenced to four months in prison today by a federal judge in Seattle. 🗞️ Read more: https://unchainedcrypto.com/binance-founder-changpeng-zhao-sentenced-to-4-months-in-prison/
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👨‍⚖️ If Binance founder Changpeng Zhao is sentenced to prison time on Tuesday, a minimum security “camp” won’t be an option for him. 🗞️Read more: https://unchainedcrypto.com/binance-founder-changpeng-zhaos-sentencing-on-tuesday-what-to-expect/
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🪂 @EigenLayer finally announced its long-anticipated airdrop on Monday. Is it bullish or bearish for ETH? 🗞️ Read More: https://unchainedcrypto.com/should-you-sell-eth-before-the-just-announced-eigenlayer-airdrop/
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📊 Coinbase’s layer 2 blockchain Base has been rapidly growing its revenues and usage, but is it enough yet to impact the crypto exchange’s stock? 🗞️ Read more: https://unchainedcrypto.com/what-bases-rapidly-growing-revenue-and-usage-means-for-coinbase-stock/
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🕰️ A new bitcoin ETP that launched on a German stock exchange this week is betting that calculating its net asset value multiple times a day will win over overseas traders. 🗞️ Read more: https://unchainedcrypto.com/new-bitcoin-exchange-traded-product-launches-in-germany/
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🌊 OpenSea has fallen further behind the pack as rival NFT exchange Magic Eden surpassed it in weekly trading volume for the first time last week. 🗞️ Read more: https://unchainedcrypto.com/how-openseas-weekly-nft-volumes-plummeted-from-1-billion-to-20-million-in-just-2-years/
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🧟‍♀️ Many “zombie blockchains” are able to maintain huge valuations despite having minimal developer activity and usage. 🗞️ Read more: https://unchainedcrypto.com/why-many-zombie-blockchains-are-still-worth-billions-of-dollars/
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📈 The @CBOE is shutting down its spot crypto trading business, citing “regulatory uncertainty and headwinds in the US.” 🗞️ Read more: https://unchainedcrypto.com/cboe-shutters-spot-crypto-business-citing-regulatory-headwinds-in-the-us/
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✍️ Roughly two dozen supporters implored the judge for leniency for SBF. By contrast, ex-Binance CEO CZ had more than 160 people write in on his behalf. 🗞️Read more: https://unchainedcrypto.com/ex-binance-ceo-zhaos-cadre-of-160-supporters-beseeching-court-for-leniency-dwarfs-sbfs-defenders/
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📉 ezETH, which had been trading above $3,000, plunged to $688 on Uniswap as it lost its ether peg. The token is still trading at a discount to ETH. 🗞️ Read more: https://unchainedcrypto.com/renzos-ezeth-depeg-amid-criticism-of-airdrop-underlines-broader-risks-in-restaking/
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