Eigen Token Airdrop from Ethereum Protocol EigenLayer Coming May 10—But Not to US or VPN Users

Geopolitical tensions in the Middle East have impacted the crypto market, causing volatility and uncertainty. The conflict has led to fluctuations in oil prices, inflation concerns, and shifts in risk sentiment, affecting the performance of cryptocurrencies like Bitcoin and Ethereum.

An expert suggests that criminals find USDT difficult to trace, leading to demands for payment in the stablecoin for revenge attacks in South Korea. Criminals infiltrated a delivery firm to access personal data for executing attacks, with police struggling to cope with the rise in crypto-powered revenge incidents.

SoFi is introducing SoFi Big Business Banking, a platform allowing companies to manage both traditional and crypto funds in one place. This service enables firms to hold U.S. dollars, convert them to stablecoins, and transfer funds 24/7 within SoFi's regulated bank, streamlining operations for businesses in the crypto space.

Coinbase's Chief Legal Officer mentioned progress on the Clarity Act, a bill that has caused controversy due to its stablecoin yield provisions. The bill's fate could impact the crypto market and Coinbase's stock, with negotiations ongoing to address concerns.

Following President Trump's address on the military campaign against Iran, Bitcoin and other markets experienced a significant drop. The speech highlighted major victories and plans for continued military action, causing a ripple effect across various asset classes.

Metaplanet increased its BTC holdings to 40,177 coins by acquiring 5,075 BTC for $398 million in Q1 2026, at an average purchase price of $78,000 per coin. The Tokyo-based company now ranks third globally in Bitcoin treasury holdings.

P2P.me, backed by Coinbase Ventures and Multicoin Capital, apologized for using Polymarket to speculate on its fundraising round, admitting it caused confusion and hurt trust. The company made less than $15,000 in profits but acknowledged the negative impact of its actions.

Magic Eden users must export their wallets or transfer contents to avoid losing access to funds as the wallet transitions to an export-only mode and will be removed from app stores. The firm's guided export process allows users to maintain access until May 1 for potential key exports.

Mercado Libre quietly discontinued its ERC-20 loyalty token, Mercado Coin, after four years, offering users options to sell, spend, or auto-convert it to local fiat. The company did not provide a reason for the decision, which was announced through its Mercado Pago wallet.

A critical vulnerability in Zcash nodes could have allowed malicious miners to drain over 25,000 ZEC from the network's Sprout pool, valued at $6.5 million. The bug, disclosed by Alex "Scalar" Sol, was swiftly patched by developers to ensure user funds' safety.