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Eigenlayer Introduces Permissionless Token Support, Expanding Crypto Economic Security Options

Eigen Labs has announced an upcoming update to the Eigenlayer protocol, introducing Permissionless Token Support. This feature aims to broaden the range of ERC20 tokens that can be utilized as…

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Permissionless Restaking Protocol Symbiotic Launches Raising $5.8 Million in Seed Round

Symbiotic, a permissionless restaking protocol, has recently launched, allowing other protocols to provide shared security through asset restaking. At the same time, Symbiotic announced it had raised $5.8 million in…

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P2P.org unveils first Restaking API for ETH, empowers intermediaries with automated staking solutions

P2P.org unveils a first-of-its-kind Restaking API, streamlining Ethereum staking for intermediaries and enhancing user rewards. The post P2P.org unveils first Restaking API for ETH, empowers intermediaries with automated staking solutions…

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Kelp DAO Secures $9 Million in Private Sale to Boost Defi Expansion

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…

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Eigenlayer’s Airdrop Faces Backlash Over Token Restrictions and Minimal Allocations

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…

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Eigenlayer Launches on Ethereum Amid Concerns Over Centralization and Potential Security Threats

Eigenlayer launched on Ethereum’s mainnet with over $12 billion in total value locked, aiming to create a restaking ecosystem which, while promising lucrative prospects, may introduce unforeseen risks including potential…

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