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EigenLayer
The Protocol: Peter Todd Wants to Fix Satoshi's Bitcoin Bugs
The HBO documentary turned the spotlight on an early Bitcoin contributor who recently has proposed an upgrade to fix all the bugs left in Bitcoin's original code. PLUS: Criticisms mount after EigenLayer unlocks EIGEN token, as Babylon vaults to top of Bitcoin DeFi leaderboard.
EigenLayer's Token Launch Draws Scrutiny Over Supply Concerns
The token has dropped from $4.39 to $3.57 since it went live.
EigenLayer's EIGEN Token Slides 12% After Debuting at $6.51B FDV
The token initially rose to $4.26 but has since fallen back to $3.77.
EigenLayer Tokens to Be Released in Coming Hours, Futures Trade at Fully Diluted $6.8B
Binance will list spot trading pairs at 05:00 UTC.
EigenLayer to Distribute 86M Tokens to Stakers, Node Operators
The tokens equate to around 5% of EIGEN's total supply.
Crypto Airdrops Ban U.S. Users, but Americans Are Claiming Tokens Anyway
Eigen Labs helped its employees access lucrative airdrops. Its U.S. employees appear to have helped themselves to tokens U.S. residents were banned from claiming.
Top Crypto Startup Drove Other Projects' Airdrops to Its Employees
Eigen Labs circulated a list of team members' wallet addresses to EigenLayer ecosystem projects that were preparing to issue tokens. Some teams asked for it. At least one didn't.
As Restaking Takes Shape on Solana, Ethereum's Renzo Jumps in With 'ezSOL'
Liquid restaking protocol Renzo, known for its work on Ethereum-based projects like EigenLayer and Symbiotic, disclosed Wednesday that it's preparing a new liquid staking token focused on the Solana-focused restaking platform now under development by developer Jito Labs.
Ethereum-Based Swell Imports Wrapped Bitcoin to Serve as Liquid Restaking Token
Users can deposit their wBTC to get swBTC in return, with yield expected to start flowing from mid-September – as part of a blockchain "restaking" scheme ultimately designed to secure protocols in the Ethereum blockchain ecosystem.
What Do EigenLayer's Outflows of $2.3B Signal?
Total value locked on EigenLayer has dropped by 13% to $15.1 billion in the last 30 days, even though ether is trading at a similar level to June. DefiLlama data also shows that restaking protocols like Renzo and Kelp have respectively lost 42% and 20% of their TVL. Is the slump in total value locked a signal that the restaking sector is sliding? CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
