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OP Stack-based Mode to begin initial distribution of 550 million tokens today
OP Stack-based Mode to begin initial distribution of 550 million tokens today

Quick Take Mode, a Layer 2 network developed on the OP Stack, is set to initiate airdrop claims for its governance token today. In the first phase, Mode will distribute 550 million tokens, representing 5.5% of the total 10 billion tokens.

The Block·2024/05/07 04:52
Grayscale’s spot bitcoin ETF logs second day of net inflows
Grayscale’s spot bitcoin ETF logs second day of net inflows

Grayscale’s spot bitcoin trust recorded two consecutive days of net inflows after ending a 78-day streak of outflows last week.The 11 U.S.-based spot bitcoin ETFs reported a total daily net inflow of $217 million on Monday.

The Block·2024/05/07 04:40
SEC delays making a decision on the proposed Invesco Galaxy spot Ethereum ETF
SEC delays making a decision on the proposed Invesco Galaxy spot Ethereum ETF

The SEC set its next deadline to July 5, 2024 to approve or disapprove of the proposed spot ether ETF. Optimism for the SEC approving such a product has dwindled over the past few months

The Block·2024/05/06 22:04
Flash
20:44
Elon Musk suggests that the Treasury should directly distribute funds to the public in an AI-dominated world
Musk stated that in a world dominated by artificial intelligence, we will face deflation, and suggested that the Treasury should distribute funds directly to the public. (Watcher.Guru)
20:35
On-chain trading volume on SOL has more than doubled since January 1.
On-chain trading volume on SOL has more than doubled since January 1. (Cointelegraph)
19:34
Bitmine has achieved 91% of its goal to hold 5% of ETH's circulating supply
Since December 2025, Bitmine has purchased over 1.4 million ETH, achieving 91% of its target to hold 5% of ETH’s circulating supply. (Cointelegraph)
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