Eigen Foundation Revises Airdrop, Friend.tech Reevaluates Fees, Supercell Backs Gaming Startup

GM Anon! ☕

In today’s Alpha Bytes 👇

Eigen Foundation Airdrop Revision: Adjusted allocations in response to community feedback concerning fairness and transparency.

Friend.tech Token Drama: A major token holder's sale leads to reconsideration of their 1.5% resale fee policy, highlighting a conflict with their anti-venture capital ethos.

Supercell invests in "Games for a Living": known for its large player bases, continuing its support for gaming innovation alongside successful titles like Clash of Clans.

BTC $61,485 (+5.1%), ETH $3,047 (+2.8%), SOL $142 (+4.5%)

Crypto News 📰

• EigenLayer to cough up 28 million more EIGEN after airdrop backlash, adds 100 EIGEN tokens to planned airdrop amid criticism

• Friend.tech v2 airdrop could see introduction of non-transferable token. Is it because of mass-dumping by this whale? More here

• Clash of Clans maker Supercell invests in crypto gaming startup 

• Crypto market selloff was driven by retail investors: JPMorgan 

• Bitcoin nears $60,000 as altcoins recover 

• Crypto leaders should stop flirting with CBDCs

• Pantera Capital invests in TON blockchain as it looks to capitalize on Telegram users 

• The state of crypto is anything but strong 

• PayPal expands crypto offering with MoonPay integration 

• Block plans to reinvest 10% of profits into Bitcoin each month 

• How crypto regulations are changing around the world 

• JPMorgan cautious on crypto as retail investors dump following ETF hype 

• Coinbase posts soaring profits following jump in crypto prices 

• Fear and Greed index falls back to fear for the first time since October 

• Senator Warren warns national security chiefs about Iranian crypto mining 

• Whales move 36K ETH as price regains momentum 

• Tether announces partnership with Chainalysis to tackle illicit activity 

• Bitcoin miner Stronghold explores sale after halving

• Jito price jumps after topping Solana DeFi protocols 

• Bulletproof Cadillac, Butler, $1.5 million Titanic watch, FTX execs continue lavish spending  

• ZKasino scam suspect arrested, $12.2M seized by Dutch authorities 

• Bitcoin price chart seen mirroring spot Bitcoin ETF launch pattern 

• Memecoins’ mass appeal makes them valuable to decentralized exchanges 

• “Mr 100” buys the Bitcoin dip for the first time since halving – Is the BTC bottom in?

• Bitcoin and Ether options worth $2.4 billion set to expire on 3rd May 

• Community split on ENS petition against Unstoppable Domains patent 

• Crypto exchanges to meet Nigerian SEC Chief for regulatory talks 

• Bitcoin bottom in, now headed for a “slow grind higher”: Arthur Hayes 

• UK government calls for action on AI copyright, market competition 

• Nigerian fintechs crackdown on crypto, users face account blocks 

• Former FTX executive Ryan Salame to give up $5.9 million Bahamas property 

• US Senators, FBI are not opposed to crypto privacy: Railgun contributor 

• Terraform claims SEC offered no evidence for $4.7B in disgorgement 

• Binance wallet announces support for Bitcoin Atomical ARC-20 assets 

• US lawmakers urge SEC to approve Bitcoin options trading 

• NFTs merge art with technology to preserve cultural treasures 

• Nigerian court postpones money laundering trial of Binance executives 

• Binance ties SAFU fund to USDC 

• Stacks active accounts reach record high amid growing interest in Bitcoin DeFi

• Kraken’s CF Benchmarks hits 50% dominance on crypto ETF market 

• April’s crypto crime roundup 

• Aave community to review small-cap stablecoins on Aave v2

• Mark Cuban, Kevin Durant, Steve Aoki among top crypto-invested celebrities 

• BASE joins meme frenzy as BRETT token takes off 

• Expert tips Solana price to rally 300% in 2024 

• Meme coins outperforming the market 

• Australia court sets precedent for crypto in non-cash payments 

• Electric Coin Company distances itself from direct funding of Zcash

• BlackRock says sovereign wealth funds, pension funds, and endowments will trade spot Bitcoin ETFs soon

• Redstone network launches 

Project Updates🔥👷🏼‍♂️

• RobinhoodApp now available on Uniswap wallet 

• DriftFDN releases airdrop eligibility checker 

• Mode Network extends airdrop from 1st May to 5th May 

• DripFi Roast #03, Kasu Finance

• Liquity releases details on v2 BOLD stability pool opportunities 

• Build on Bitcoin (BOB) launches mainnet 

• Introducing Royco: Liquidity Coordination Protocol 

• AltLayer introduces reALT

• Introducing Ebisu Finance and ebUSD

Interesting Threads🧵

• GCR shares his thoughts 

• A thread on AO 

• A simple strategy that can help you find some GEMs

• Comparison of $CRV wrappers 

• Designer blockspace: The future of execution 

• Solana appchain landscape 

• BOB investment thesis 

• Breaking down Aave’s v4 spec

• Redacted Research: The rise of the superchain 

• Zee Prime: Beyond Layers

Raises🤑

• BAXUSco raises $5 million seed led by Multicoin Capital 

• PlayShadowWar (Social) - $5 million Series A led by Momentum 

• MitosisORG (DeFi) $7 million seed led by Amber Group, Foresight Ventures 

That's all for today. We hope our crypto news helps you make informed decisions.

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