Social Tokens; Plague or Paradigm Shift?

Also, Shanghai blockchain week recap, LiquidStake USDC loans for staked ETH, PieDAO's DeFi++ index

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BlackRock Would Still Pursue Spot Ether ETF If Ethereum Cops Securities Designation

BlackRock’s CEO said the SEC classifying Ether as a security would not preclude spot Ethereum ETFs from entering the market.

Pantera-Backed Rollup Omni Network Announces Airdrop

3% of OMNI’s total supply will be airdropped to EigenLayer restakers, ETH stakers, various NFT holders, and Omni community members.

Runestones Wants to Become the Biggest Memecoin Community, Says Creator

The airdropped Runestones collection has soared to become the second most valuable NFT collection after CryptoPunks.

Pump.Fun Takes Over Solana Memecoin Scene

The no-code platform allows anyone to create a memecoin in minutes.

Hot New Restaking Project Karak Faces Backlash Over Team’s Past

Karak has been outed as the second reincarnation of Risk Harbor, a protocol accused of running off with millions earmarked as insurance for Terra’s failed UST stablecoin.

AI-Powered Web3Firewall Raises $2.5 Million Round Led By Nomura's Laser Digital

Web3Firewall aims to use machine learning and AI to quickly detect malicious transactions.