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Category Eigen Layer

Ethereum Is Positioned As The Backbone Of AI-Powered Finance, Here’s Why

Ethereum Is Positioned As The Backbone Of AI-Powered Finance, Here’s Why

Artificial intelligence may be the hottest narrative in tech, but its true financial backbone could be Ethereum. With its dominance in stablecoins,...
InceptionLRT is shutting down just six months after raising $3.5 million in seed funding

InceptionLRT is shutting down just six months after raising $3.5 million in seed funding

InceptionLRT, a protocol that is meant to push the boundaries of decentralized infrastructure, has announced it is shutting down operations, just s...
High-risk DeFi loans are surging as market sentiment drives demand for leverage

High-risk DeFi loans are surging as market sentiment drives demand for leverage

The DeFi analytics platform IntoTheBlock confirmed on November 7 that high-risk DeFi loans had surged due to market sentiment increasing their dem...
Kraken exchange unveils the EigenLayer restaking protocol for non-U.S. investors to restake ETH

Kraken exchange unveils the EigenLayer restaking protocol for non-U.S. investors to restake ETH

Kraken Exchange has unlocked a new restaking feature on the exchange’s decentralized finance protocol, EigenLayer. The feature will offer additiona...
Eigen Layer holds more than $20B in reported value: Riskier than meme tokens?

Eigen Layer holds more than $20B in reported value: Riskier than meme tokens?

Eigen Layer launched only two months ago on the Ethereum mainnet. Since then, the protocol reported constant inflows of collateral deposits, reachi...