Renzo Capitalizes on Restaking Frenzy to Raise $17M From Galaxy, Brevan Howard
Funds will be used towards expanding the project’s restaking services, including adding support for ERC-20 tokens.
Staking
MetaMask Adds ‘Pooled Staking’ for Cheaper Ethereum Validation
The new feature aims to expand the accessibility of staking, which previously required an investment north of $100,000. But the project is still missing features offered by other staking platforms.
Bitcoin Staking Project Babylon Raises $70M Led by Paradigm
The funding round included contributions from Polychain Capital and the venture arm of crypto exchange and CoinDesk parent company Bullish.
ZKasino Gives Users 72 Hours to Retrieve Their Ether
Aggrieved users have been given a 72 hour window to bridge their ether {{ETH}} back to the Ethereum blockchain after having deposits locked up for more than a month.
Hex Trust Issues First Native Stablecoin on Layer-1 Blockchain Flare
Hex Trust Group has issued USDX, the first native stablecoin on layer-1 blockchain Flare, according to a press release.
Why Eigenlayer’s Airdrop Is Controversial
Although it’s actually conservative.
Consensys, a Target for the SEC’s Assault on ETH, Is Fighting Back
ConsenSys founder Joseph Lubin is also a co-founder of Ethereum. (CoinDesk)
Ether.Fi Inks $500M Restaking Deal With RedStone Oracles
Under its deal with RedStone, Ether.Fi will dedicate $500 million to help secure RedStone’s data oracles, which are used to pass information between blockchains and the outside world.
Ethereum’s Next Upgrade, ‘Pectra,’ Could Include Relief for Institutional Stakers, Wallet UX Improvements
Developers’ aim with Pectra is to make some minor code changes while simultaneously working on a bigger code change, Verkle trees, for the following upgrade.
ENA Rises 15% as Ethena Labs Increases Staking Rewards
ENA, the native token of Ethena Labs, surged by 15% on Monday following the announcement of “season 2,” which includes a 50% increase in rewards for some users.