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Kelp DAO Secures $9 Million in Private Sale to Boost Defi Expansion
24.5.2024
Kelp DAO, a liquid restaking platform, has completed a private funding round, amassing $9 million to propel its growth in the decentralized finance (defi) sector. The funding aims to enhance the platform’s capabilities and expand into new ecosystems, including Solana and Bitcoin. Restaking...
Proof-of-restaking and extended consensus — Interview with Units Network
23.5.2024
Emerging from past challenges, this initiative emphasizes decentralized governance and advanced consensus mechanisms to foster innovation
BounceBit Pledges To Democratize Bitcoin Investing With Binance-Backed Roadmap
20.5.2024
BounceBit, a new Bitcoin restaking startup, has announced a detailed roadmap for 2024 aimed at democratizing high-yield Bitcoin investing by merging centralized and decentralized finance (CeDeFi).
The post BounceBit Pledges To Democratize Bitcoin Investing With Binance-Backed Roadmap appeared...
Ethereum dev’s paid EigenLayer role sparks debate on ‘conflicted incentives’
20.5.2024
Ethereum researcher Justin Drake said his EigenLayer role is worth “millions of dollars” and some think it could shake up incentives for those working on the blockchain
Solayer, a restaking protocol based in Solana, raises $20 million
17.5.2024
A Solana-centric staking protocol known as Solayer amassed $20 million in a mere forty-five minutes while it was still in the process of being introduced. It occurred during the Genesis Epoch 0 phase. This involved limited time, a limited cap, and the assemblage of a fair amount of important...
What Is Restaking?
17.5.2024
The concept of restaking introduces a groundbreaking way for people to utilize their staked cryptocurrency across various protocols simultaneously. This not only boosts reward potential but also significantly enhances the security and scalability of blockchain networks, benefiting the entire crypto...
The Ethereum Staking Opportunity
15.5.2024
The market is just beginning and there’s a lot of room for growth, says Eliezer Ndinga, Head of Strategy and Business Development for Digital Assets at 21.co. Here’s what could drive the market
Lido Co-Founders, Paradigm Secretly Back EigenLayer Competitor as DeFi Battle Lines Form
15.5.2024
The popularity of new blockchain “restaking" protocols led by EigenLayer has drawn a response from the principals behind the liquid staking platform Lido, which itself burst onto the scene a couple of years ago to become the largest project in decentralized finance
DeFi Gigabrain Tarun Chitra on ETH Staking, Restaking and Why ‘Financial Nihilism' Is a Real Consumer Product
13.5.2024
The Gauntlet founder talks about the state of crypto ahead of Consensus 2024
EigenLayer Launches EIGEN Token Airdrop, Tokens Remain Non-Transferable
11.5.2024
Ethereum restaking protocol EigenLayer has initiated its token-claim process, commonly referred to as an "airdrop," for Season 1, Phase 1 rewards.
The post EigenLayer Launches EIGEN Token Airdrop, Tokens Remain Non-Transferable appeared first on Cryptonews
EigenLayer Opens Claims for Airdrop of EIGEN Token, Though It's Non-Transferable
10.5.2024
Perpetual futures markets price the fully diluted value of the token at around $15 billion
Restaking Is Hot in Ethereum and Entering Solana. Should We Worry?
8.5.2024
The Lehman Brothers-driven global financial crisis of 2008 showed the danger of spreading money around too much
Thiel-Backed Cryptography Startup Lagrange Raises $13M
8.5.2024
Lagrange, which specializes in zero-knowledge cryptography, is the latest startup to ride EigenLayer's "restaking" wave
Lyra Finance Now Lets Liquid Restaking Token Holders Earn Extra Yields From Automated Trade Strategies
8.5.2024
LRT holders can tokenize any yield-bearing strategy to generate an annualized percentage yield of 10% to 50%
Justin Sun’s huge deposit of $376m wins Liquid Restaking Protocol
6.5.2024
The founder of Tron, Justin Sun, made a groundbreaking improvement in the cryptocurrency world when he transferred a large number of tokens with a base for Ethereum to the L2 protocol of the Swell network. The blockchain trail indicated that Sun’s wallet deposited 120,000 eETH into...
EigenLayer to Airdrop 28M More EIGEN After First Airdrop Hits Backlash
3.5.2024
Restaking protocol EigenLayer is handing out an extra 100 EIGEN to 280,000 qualifying wallet addresses after criticism over its first airdrop.
The post EigenLayer to Airdrop 28M More EIGEN After First Airdrop Hits Backlash appeared first on Cryptonews
Restaking 'Gold Rush' Spreads to Solana From Ethereum, With Jito and Others Joining In
1.5.2024
Restaking has taken hold of the Ethereum ecosystem. With Jito and a handful of other companies building for Solana, can the trend spread?
Why Eigenlayer’s Airdrop Is Controversial
30.4.2024
Although it’s actually conservative
Liquid Restaking Protocol Renzo Airdrops REZ Token, Debuts at $289M Market Cap
30.4.2024
The token has $75 million in trading volume in the hour after claims went live
Eigenlayer’s Airdrop Faces Backlash Over Token Restrictions and Minimal Allocations
30.4.2024
The announcement of Eigenlayer’s airdrop, featuring non-transferable tokens and aggressive geo-restrictions, has sparked outrage among users who felt the allocated amount was minimal and the documentation confusing. Despite adding over $15.7 billion in staked Ether in anticipation...