According to CoinDesk’s analysis, AltLayer allocated 46,512 ALT to each Eigen Labs employee. Ether.Fi followed with 10,490.9 ETHFI per person. Then came Renzo, at 66,667 REZ apiece. At peak prices these three airdrops were worth around $30,000, $80,000, and $16,666, respectively. Source
U.S.-listed spot bitcoin ETFs recorded $81 million in net outflows on Wednesday, ending a two-day positive streak. Grayscale’s GBTC registered $56 million in outflows, the most among counterparts, with Fidelity’s FBTC recording $18 million in outflows. Ark Invest’s ARKB and Bitwise’s BITB lost $6.7 million and $5.7 million respectively. Franklin Templeton’s EZBC and BlackRock’s IBIT were the only products with net inflows, adding a cumulative $6 million. Ether ETFs fared better, with $10 million in net inflows, extending a streak to three days. BlackRock’s ETHA recorded $16 million in inflows,…
Stephen Almond, ICO’s Executive Director of Regulatory Risk said: “One of our key priorities is to ensure that people’s information rights are upheld by the online advertising industry. Earlier this year we ran a call for views on ‘consent or pay’ models, in which service users pay a fee to not be tracked for online advertising. We are considering the responses received and will set out the ICO’s position later this year. “Following engagement with Meta, we are examining how UK data protection law would apply to any potential ad-free…
“We want the crypto aspect to be a subtle yet cool draw, so that people are first attracted to the sleek design and unique features of the can, like the bottle opener, and would want to buy it just for that,” he said. He compared it to the silver cigarette cases popular with the upper classes in the roaring 20s. Source
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Critics of Sun’s involvement don’t understand the operational mechanics, the crypto custodian’s CEO, Mike Belshe, said during an X Space discussion. Source
Traders say bitcoin could drop to $55,000 in the near-term, but favorable Fed policies could set the stage for its next leg up. Source
Still, Schumer said twice that his goal was to have a bill passed out of the Senate and signed into law by the end of the year. He mentioned the Financial Innovation and Technology for the 21st Century Act (FIT21), a House-passed bill spearheaded by Rep. Patrick McHenry (R-N.C.), as well as a yet-to-be-introduced bill being developed in the Senate Agriculture Committee, though he stopped short of explicitly endorsing either product. Source
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 15-21, 2024. Source
Eric Trump, the son of former President Trump and executive vice president of the Trump Organization, teased the coming project in an interview with the Post, but declined to share any specific details, saying only that the “moment everything is final and ready to go” the crypto project will be publicly announced. He hinted that the project could involve “digital real estate,” suggesting that people may be able to lend or borrow funds through it. Source