News with the tag "liquid restaking"

An Ethereum ( ETH )-based liquid staking token is soaring in price after the top US-based crypto exchange platform Coinbase announced support for the altcoin. In a new thread, Coinbase says it’s adding support for liquid staking protocol Renzo ( REZ ), a project that aims to streamline the process o...

The proposal to buy back tokens with protocol revenues is intended as a new value accrual mechanism for tokenholders.

While liquid restaking provides more utility for staked tokens, it also comes with its own risks, like the depegging and price volatility for derivative tokens.

According to data from CoinMarketCap, there are approximately 210 million EIGEN tokens in circulation, with a total supply of 1.68 billion.

Holonym Foundation partnered with Kelp DAO, a Liquid Restaking Protocol built on Ethereum’s EigenLayer, to strengthen the Mishti Network’s security and continue bringing digital identity solutions for the application of blockchain technology. Related Reading: Logan Paul’s New Crypto Controversy: You...

Holonym Foundation partnered with Renzo Protocol, an Ethereum Liquid Restaking Protocol, to strengthen the Mishti network’s security and the company’s Digital Identity Solution: Human Keys. Related Reading: Number Of Ethereum Whales Holding 10,000 ETH Down By 7% — Implication For Price? Ethereum Liq...

Bedrock says the root cause of the exploit has been “handled” and reassured users that all remaining assets were safe.

The surge in the total value locked and adoption of liquid restaking tokens increased from approximately $164.3 million in January to $13.812 billion by June 20, underscoring the growing trust in them. As was the case in January, Ether.fi remains dominant in the LRT market, accounting for approximat...

The total value locked in liquid restaking tokens rose over 8,300% since the beginning of 2024.

EigenLayer, a popular provider of decentralized infrastructure, has declared a noteworthy improvement to the security of its EiganDA platform. The primary aim of this update is to strengthen defenses against Sybil and Distributed Denial of Service (DDoS) attacks by putting Whitelist Security mechani...