Kelp Protocol Loses $293 Million Following Cross-Chain Bridge Attack
On April 17, the liquid restaking protocol Kelp suffered a hacker attack, resulting in a loss of approximately $293 million.Restaking refers to the process of staking tokens again in a blockchain network to earn additional rewards.
Kelp Protocol Loses $293 Million Following Cross-Chain Bridge Attack
On April 17, the liquid restaking protocol Kelp suffered a hacker attack, resulting in a loss of approximately $293 million.
Ether.fi Allocates $3 Billion to ETHGas Project
The liquid restaking protocol Ether.fi will allocate $3 billion in assets to the ETHGas project over three years.
DePIN project Aethir partners with EigenLayer
Aethir, which is building a decentralised GPU network, has partnered with the team behind the EigenLayer restaking protocol. The collaboration will integrate AVS and allow Aethir (ATH) tokens to be delegated to validators in the EigenLayer ecosystem, according to a press release. Aethir said the partnership will open new earning opportunities for ATH holders and […]
Solayer, a Solana restaking project, unveils high-performance InfiniSVM blockchain
The team behind the Solayer restaking protocol in the Solana ecosystem said it is building InfiniSVM — a SVM blockchain with hardware acceleration.
Ethereum Liquid Restaking TVL Surges by 6000% Over the Year
Throughout 2024, the total value locked (TVL) in Ethereum liquid restaking protocols soared from $284 million to $17 billion, marking an increase of nearly 6000%. TVL of Ethereum liquid restaking. Data: DeFi Llama. The majority of this amount ($9.1 billion) is attributed to the Ether.Fi protocol, followed by Kelp ($1.8 billion), Eigenpie ($1.6 billion), and […]
Stake or restake: XBANKING weighs the trade-offs—and raffles a Cybertruck
Restaking is a relatively new concept in crypto that began to gain traction in 2024 with the launch of EigenLayer. According to DeFi Llama, as of December more than $27bn is locked in restaking protocols. Together with the non-custodial platform XBANKING, we compare the advantages and drawbacks of staking and restaking. At the end of […]
UTONIC and TonBit Forge Security Alliance for TON and Telegram
The restaking protocol UTONIC, in collaboration with experts from TonBit, has launched the Security Alliance initiative aimed at enhancing security within The Open Network (TON) ecosystem. As part of the partnership, developers have introduced a solution for decentralized storage of private keys based on MPC and AVS technologies. ? Introducing the TON Security Alliance: @UTONIC_uTON […]
Bitcoin Restaking TVL Nears $1.6 Billion
TVL in the Bitcoin restaking category has surpassed $1 billion, currently standing at nearly $1.6 billion. Bitcoin restaking category TVL. Data: DeFi Llama. The total TVL across the entire DeFi ecosystem of the first cryptocurrency amounts to $2.174 billion, placing the network seventh in the rankings by this measure. Blockchain TVL rankings. Data: DeFi Llama. […]
UTONIC Protocol Launches Restaking Program for The Open Network
On October 21, the UTONIC protocol introduced uTON, a restaking program on The Open Network (TON) blockchain, as announced in the company’s press release. To mark the launch, UTONIC will host two events: TonicWave — a loyalty program for UTONIC users. Participants will receive native yield and additional UP points for placing TON in the […]
EigenLayer’s X Account Hacked to Promote Fake Airdrop
Unknown individuals gained control of the X account of the restaking protocol EigenLayer to distribute phishing content disguised as an EIGEN airdrop for the second season of Stakedrop. This was warned by on-chain investigator ZachXBT. According to Scam Sniffer, the perpetrators added a malicious link and urged users to claim coins, warning of a “last […]
EigenLayer Reports Email Breach and Theft of 1.67 Million EIGEN Tokens
The EigenLayer restaking protocol team has reported that a malicious actor compromised the project’s email thread, resulting in the theft of 1.67 million EIGEN tokens, valued at approximately $6 million. Community Update: In an isolated incident this morning, an email thread involving one investor’s transfer of tokens into custody was compromised by a malicious attacker. […]
Leading Exchanges List EigenLayer’s EIGEN Token
The EIGEN token from the prominent restaking protocol EigenLayer has been listed on major exchanges. The token is available on Binance, Bybit, OKX, Gate.io, Bitget, MEXC, Kucoin, Uniswap, and other platforms. Since trading commenced, the asset has appreciated by 6.5%, reaching $4.27. The total market capitalization of the asset reached $789.6 million. At the time […]We use cookies to improve the quality of our service.
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