Today's Crypto News:

EigenLayer's EIGEN Airdrop Might Signal Demise of Once-Popular 'Points' Full Story

EIGEN's airdrop comes after a wave of criticism of its distribution plan and points program.

Sexual Misconduct Allegations Lead Founder of Ethereum Layer-2 Chain 'Eclipse' to Step Back Full Story

Neel Somani, founder of Eclipse, which builds a layer-2 blockchain for Ethereum, said sexual misconduct allegations circulating against him on X were "false."

Bitcoin Miner Marathon Digital Misses Q1 Revenue Expectation On Operational Challenges Full Story

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How the U.S. Should Regulate Stablecoins Full Story

To properly regulate stablecoins in the U.S., look at e-money abroad, says Marcelo Prates, a speaker at Consensus 2024.

Will Biden Get the Final Say Over a Controversial Crypto Accounting Rule? Full Story

Critics of SAB 121, introduced in March 2022, have called the rule “obscure,” a “diktat” and a “pernicious weed.”

WisdomTree’s Crypto Business Goes Live in New York Against Big Shareholder's Wishes Full Story

WisdomTree’s digital asset app on Thursday became available to customers in New York, even as CEO Jonathan Steinberg is under pressure from shareholders as a result of the investment company's push into decentralized finance.

Influencer-Investors Get Perks to Pitch Tokens: Inside Crypto's 'KOL' Economy Full Story

Paid shills are nothing new to crypto. Now they're on the cap table, driving growth for protocols and leaving retail traders in the dark.

Reimagining Female Empowerment in the Age of Digital Influence and Crypto Full Story

Math Olympian in Shadow of John Nash Tries to Solve Blockchain, AI Trust Dilemma Full Story

Hyperbolic, the two-year-old startup focused on decentralized AI computing, said that it is introducing a protocol called “Proof of Sampling (PoSP),” aimed at addressing challenges with trust in decentralized AI networks.

Prometheum's Contentious Answer to Crypto Compliance Is Running Late Full Story

Much of the crypto sector has been apprehensive about the ribbon cutting on Prometheum's custody and trading operations, which the firm said will fully comply with U.S. Securities and Exchange Commission (SEC) demands. The doors have so far stayed shut well past the target date, but the company explained it's still finishing a process for auditing smart contracts.