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Pantera Leads $29M Funding for EigenLayer Rival Symbiotic to Expand Staking Play

The team behind the Symbiotic network, the restaking protocol meant to rival EigenLayer, shared Wednesday that it had raised $29 million in a Series A round. The funding will expand the current team and develop the protocol’s Universal Staking …

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U.S CFTC Withdraws 2 Crypto Staff Advisories Citing ‘Market Growth and Maturity,’ Need for Fair Treatment

The U.S. Commodity Futures Trading Commission (CFTC) withdrew two pieces of crypto-related staff guidance on Friday, further streamlining its approach to crypto regulation. The first advisory rescinded on Friday was Staff Advisory No. 18-14, Advisory …

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Blockchain Bridging Protocol LayerZero to Connect With Bitcoin Sidechain Rootstock

Rootstock’s aim is to end Bitcoin’s “isolation” from other chains due to its lack of native smart contracts.

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Ethereum Faces ‘Intense’ Competition From Other Networks: JPMorgan

The blockchain’s native token ether has underperformed bitcoin and other altcoins in recent months, the report noted.

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Solana, XRP Jump as Trump Reportedly Mulls ‘America-First’ Strategic Crypto Reserve, but Experts Suggest Otherwise

Two crypto market observers raised concerns to CoinDesk over the idea of expanding a potential national strategic reserve to altcoins.

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