Restructuring at Eigen Labs Triggers Workforce Reductions
With over $12.2 billion in Total Value Locked (TVL), EigenLayer is one of the leading Ethereum (ETH) restaking protocols. Despite this, the company behind it, Eigen Labs, has recently cut…
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New Slashing Mechanism in ELIP-002 Enhances Accountability Across EigenLayer Ecosystem
Leading Ethereum’s re-staking protocol, EigenLayer has unveiled its second EigenLayer Improvement Proposal (ELIP-002). The latest move is expected to be a significant step towards accountability and operational efficiency in its…
Eigen Foundation Pledges 1% of EIGEN Token Supply to Protocol Guild for Ethereum Layer 1 R&D
The Eigen Foundation has announced its pledge to allocate 1% of the EIGEN token supply to the Protocol Guild, a collective funding mechanism dedicated to supporting Ethereum Layer 1 R&D.…
EigenLayer’s X Account Reportedly Hacked to Promote Fake Airdrop
According to several online reports, the official X account of the restaking protocol EigenLayer appears to have been hacked. An October 18 post from EigenLayer’s social media account promoted a…
EigenLayer (EIGEN) Debuts on Major Exchanges: Details
One of the most heavily-discussed and anticipated token launches of 2024 took place a few hours ago. Of course, we’re talking about EIGEN – the native cryptocurrency behind the most…