DEEPSEEK
EgenLayer's Airdrop Plan Raises Concerns Over Token Distribution Equity
EigenLayer, the second-largest DeFi protocol with $15.952 billion in total value locked, recently announced its native token's stakedrop. However, the distribution details have sparked disappointment and criticism within the crypto community. This article explores the allocation strategy, criticisms, and potential implications for EigenLayer.
QuadrigaCX Bankruptcy Trustee Announces Interim Distribution of Funds
QuadrigaCX's bankruptcy trustee, Ernst & Young, has announced an interim distribution of funds to the exchange's creditors. The announcement was made in consultation with estate inspectors, and a Notice to Affected Users will be posted soon with further details. However, some affected users may receive a Notice of Disallowance of Claim, with the right to appeal.
QuadrigaCX Users to Receive Interim Distribution
Users of defunct cryptocurrency exchange QuadrigaCX will receive interim distribution of funds tied to bankruptcy proceedings in the coming weeks. A small number of affected users may receive a Notice of Disallowance of Claim, with the right to appeal. QuadrigaCX owes affected clients an estimated $160 million and trustee Ernst & Young has recovered $34.3 million worth of assets.
Mt. Gox Creditors Given Extra Month to Register Claims, Distribution Deadline Delayed
The registration deadline for Mt. Gox creditors has been pushed back by another month, allowing creditors to file claims until April 6. The distribution of assets to creditors will now start from Oct. 31 instead of Sept. 30. Mt. Gox creditors have been waiting for years to get compensated for losses incurred because of the exchange hack in 2014. The extension in the deadline means that creditors will have another month to decide whether to take a lower amount now or wait another nine years to get the full amount.
