Emerging Ethereum restaking protocol Karak’s total value locked (TVL) rose over 25% in the past week to over $440 million, and industry experts believe it could start eating into EigenLayer’s market share. Following the disappointment around the EigenLayer airdrop, Karak has a “good chance” of become the next big restaking protocol, according to Anndy Lian,…

Ethereum co-founder Vitalik Buterin has discussed a new cryptographic proving system that aims to achieve greater efficiency for zero-knowledge proofs. In a blog post on April 29, Buterin explained a system for highly efficient cryptographic proofs over binary fields called “Binius,” which aims to deliver significant performance gains over traditional proof systems such as zk-SNARKs. Binius aims…