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STFIL, the Filecoin liquid staking protocol, believes its core technical team is being investigated by the Chinese police. The STFIL team said it also recently detected abnormal and unscheduled upgrades to the protocol. During the core technical team’s detention, FIL tokens worth over $22 million were transferred to an unknown external address. Lawyers Engaged to … Read more
On March 18, the financial behemoth Fidelity Investments updated its application for a spot ethereum exchange-traded fund (ETF) to encompass staking capabilities. The firm, Fidelity, has made it known that the sponsor might “from time to time” opt to “stake a portion of the fund’s assets through one or more trusted staking providers.” Fidelity Updates … Read more
EigenLayer, an Ethereum protocol, is reshaping the landscape of restaking by introducing innovative features that streamline the process for users. Unlike traditional staking methods that require a minimum of 32 ETH, EigenLayer enables users to deposit liquid staking tokens like Lido stETH, Rocket Pool ETH, and Coinbase Wrapped Staked ETH, simplifying the restaking process significantly. … Read more
In a recent analysis conducted by DWF Ventures, a comprehensive overview of the Liquid Restaking (LRT) protocol sheds light on its significant impact within the Ethereum restaking ecosystem. The surge in the Ethereum restaking landscape has fueled the growth of Liquid Restaking (LRTs), enabling users to earn yield while optimizing capital efficiency. This innovative approach … Read more
Despite a slight recovery, Ethereum price has been marked by significant sell-offs in the past 24 hours, with the token currently trading above the $2300 mark. In a notable transaction, a large whale identified as 0x6f6…1723d initiated a sell-off of $WBTC and $ETH amounting to US$7.14 million. The whale withdrew 33.6 WBTC and 2,500 ETH … Read more
Amid technical challenges and investor scrutiny, Blast’s staking model propels its total value loked to $823 million. Go to Source
Polychain Capital and Hack VC led the Series A funding round of Babylon Chain, a protocol working on Bitcoin staking for proof-of-stake networks. Go to Source
Eth price is at risk of trading below a key price support and multiple data point point to a bearish outlook for the altcoin’s price. Go to Source
Ethereum co-founder Vitalik Buterin previously admitted that centralization is one of Ethereum’s main challenges, which could take 20 years to solve. Go to Source
Network, futures and user data all point toward Ethereum potentially charting a new course. Go to Source
