EigenLayer’s EigenDA to support layer-2 native token restaking
Users will be able to earn restaking yield from layer-2 tokens on EigenDA. Go to Source
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Babylon Staking Sparks Bitcoin Fee Surge: Transfers Hit $105 Before Plummeting
On Aug. 22, Bitcoin’s onchain transaction fees took off, soaring to more than 1,250 satoshis per virtual byte (sat/vB), which translated to over $105 per transfer at 8:45 a.m. EDT. However, by 9:40 a.m. EDT on Thursday, fees had dropped to 625 sat/vB or $53.26 per transaction. Bitcoin Miners Rejoice as Fees Hit $105 The … Read more
DeFi market stages a comeback as derivatives surge
Onchain derivatives fuel DeFi’s resurgence, with daily volumes reaching $5 billion amid rising competition. Go to Source
Ethereum supply surpasses 120M ETH as staking, restaking surge
Despite Ethereum’s inflationary trend, staking and restaking gains momentum, boosting network security and rewards. Go to Source
Restaking is “inevitable” but the risks are still uncertain — ether.fi CEO
Restaking yields are still mostly speculative, according to Mike Silagadze speaking at the Blockchain Futurist Conference. Go to Source
Coinbase Expands Crypto Services to Hawaii Following Regulatory Changes
The publicly traded cryptocurrency exchange Coinbase has announced its expansion into Hawaii, allowing residents to access a range of crypto services. The move comes after the state clarified its regulations, enabling Coinbase to offer its platform to Hawaiian users. Hawaii Residents Gain Access to Coinbase’s Full Suite of Crypto Tools Coinbase’s entry into the Hawaiian … Read more
Lido community votes to bring stETH to Binance BNB Chain
Lido Finance is the market leader in Ethereum staking, claiming 28.2% of net ETH deposits. Go to Source
Over $350M Ether set for withdrawal in the next 9 hours. Can ETH price remain above $2.2K?
Ether could see a significant amount of sell pressure unlock at 8:00 p.m., despite ETH fractals pointing at an imminent breakout. Go to Source
Jump Trading’s Ether dump: Smart move or sign of trouble?
Jump Trading’s aggressive Ether sell-off, coinciding with Japan’s market crash, raises questions about its strategy and market exit. Go to Source
Forget about Ethereum ETFs — Here’s what you can do instead
Spot Ether ETFs were supposed to set the gold standard for ETH investing. Unfortunately, they still aren’t allowed to offer staking. Go to Source
