Ethereum restaking protocol EigenLayer has become the fourth-largest protocol by total value locked (TVL), surpassing cryptocurrency lending protocol JustLend. EigenLayer’s TVL rose 5.73% to $6.99 billion on Feb. 15. The restaking protocol’s TVL is up 47.95% in the past seven days and 307% over the past month, according to data from DefiLlama. EigenLayer’s TVL started rising on…
A much-anticipated airdrop from Ethereum layer-2 scaling solution Starknet may be dominated by airdrop farmers. According to a February 15 report by Yearn Finance developer banteg, 1,854 individuals allegedly renamed or deleted their accounts after a blockchain snapshot was taken for the basis of the Starknet airdrop next Monday. The Starknet Foundation will allocate 700 million STRK tokens out…
It is no longer viable for nation-states to destroy the Bitcoin and Ethereum network via 51% attacks due to the astronomical costs required to do so, according to the latest research from crypto intelligence firm Coin Metrics. A 51% attacks refer to a malicious actor owning more than 51% of the mining hash rate in…