EigenLayer becomes 4th largest restaking protocol, nears $7 billion TVL
    16 Feb 2024
    78 Views

    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…

    Starknet populated by airdrop hunters ahead of token launch: Report
    16 Feb 2024
    69 Views

    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…

    Coin Metrics research shows BTC and ETH are immune to 51% attacks
    16 Feb 2024
    61 Views

    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…