Market
Crypto
EigenLayer removes caps, sees record $157 million inflow as Lido dominance dips
Lido's Ethereum staking dominance wanes, drops under 30% due to inflows into restaking protocols.
Exchanges
Binance.US appoints ex-New York Fed chief as board director to boost compliance efforts
Binance US's market share has plummetted to under 1% following its regulatory struggles with the authorities.
AI
Fetch.ai, SingularityNET, and Ocean Protocol’s planned $7.5 billion ASI token to launch in May
Artificial intelligence was one of the leading narratives in the crypto industry during the first quarter of the year.
Crypto
New legislation in Arkansas singles out Bitcoin miners introducing targeted state fee
Bitcoin miners are facing increased regulatory attention due to the energy demands of their operations.
Tokenization
Polkadot eyes $8.8 million sponsorship deal with Lionel Messi’s Inter Miami
Polkadot's community has made a series of sport-related marketing moves as part of efforts to increase the blockchain's popularity.
Crypto
OKX launches ETH layer-2 network X Layer following Coinbase’s Base success
OKX's X Layer will utilize the exchange OKB token for gas payments.
Stablecoins
USDe maintains full collateralization amid first market ‘stress test’
Ethena has committed to a monthly attestation report as part of its transparency drive.
Investments
Global ETP investors shift $126 million away from major cryptocurrencies, favor altcoins like Polkadot
Bitcoin was responsible for 87% of the total digital asset investment outflows last week.
Crypto
Vitalik Buterin’s RailGun advocacy triggers sharp rise in privacy tokens
Privacy coins have come under increased scrutiny from regulators globally.
Crypto
Bitcoin NFTs outperform ETH and SOL combined in trading volume ahead of halving
Bitcoin Inscriptions capture 55% of market trades amid upcoming halving.
Technology
Solana rallies 9% as developers launches update to tackle network congestion
Solana developers said the update is the first in a series aimed at addressing the network's congestion issues.
Crypto
Hong Kong approves Bitcoin and Ethereum ETFs as US lingers on ETH approval
The reported ETF approvals further propel Hong Kong into crypto leadership in Asia.