Winslow Strong sells entire EIGEN holdings, sparking speculation about his motivations and potential impact on the project. Zircuit’s fairdrop rewards EIGEN holders, boosting community engagement and strengthening the ecosystem. According to Spot On Chain data, Winslow Strong, Director of the Qualia Research Institute, has sold all of his 704,902 EIGEN tokens, worth $2.23 million, via…
Leadership shifts in Eigen Layer adds uncertainty to EIGEN’s prospects. Ethereum researchers Justin Drake and Dankrad Feist recently announced they have stepped down from their advisory roles with Eigen Layer. This announcement followed a significant price drop in EIGEN, suggesting potential issues within the token’s performance. Eigen Layer has also faced recent leadership changes that…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Leading researchers Justin Ðrake and Dankrad Feist officially announced a crucial development that highlights a significant shift in Ethereum’s landscape. Both blockchain advisors have stepped down from their roles at EigenLayer, a decentralized restaking protocol. They made their decision known to the public in early November. Ðrake mentioned that…
October 29, 2024 at 11:50 AM GST updated: October 29, 2024 at 10:49 AM 2 mins read News EigenLayer and Predicate bring next-gen onchain security, empowering developers to set precise, user-focused transaction rules. Predicate policies use layered security checks, integrating onchain and off-chain data for stricter, adaptable transaction oversight. By combining user-centric policies with decentralized…
October 28, 2024 at 06:48 PM GST updated: October 28, 2024 at 06:04 PM 2 mins read News EigenLayer simplifies blockchain development, letting developers focus on app innovation instead of complex security layers. Modular blockchain apps powered by EigenLayer grow faster by integrating ready-made security services like data availability and ZK proving. EigenLayer’s modular approach…
Ava Protocol, the event-driven EigenLayer Active Validated Service (AVS), has seen notable growth since launching in July. The Web3 automation provider reported a significant increase in demand for its “super-transactions” solution ahead of its token launch. Web3 Automation Provider Sees 900% Demand Increase Ava protocol reported a 900% surge in demand for its blockchain automation…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 In the latest string of social media breaches, the official X account of EigenLayer, a well-known restaking protocol, has fallen victim to a hack. This breach sent the crypto community into high alert. The compromised account began posting fraudulent messages designed to trick users into clicking malicious links under…
October 18, 2024 at 01:23 AM GST updated: October 17, 2024 at 01:25 PM 2 mins read News Arbitrum improves Ethereum scalability with layer-three expansion, governance through ARB, and lower fees. StarkNet enhances blockchain scalability via ZK-Rollups, supporting various use cases without compromising security. EigenLayer’s intersubjective validation boosts blockchain security for a broader range of…
Kraken has launched a new feature allowing its clients to restake their ether (ETH) directly on the platform through Eigenlayer. This integration, Kraken says, makes the relatively complex process of restaking more accessible to a broader audience, especially those who have already staked ether on Kraken. Kraken Introduces ETH Restaking to Broaden Defi Access Kraken’s…
Crypto exchange Kraken announced its successful integration with EigenLayer, enabling its users to restake Ethereum (ETH) directly from the platform, according to an Oct. 15 press release. The partnership aims to simplify restaking, making it more accessible to a broader range of users. Access to the service is currently limited to verified Kraken Pro users…
EIGEN, EigenLayer’s native token, spiked by 20% on Wednesday, crossing the $4 benchmark. It was the only top altcoin to be trading higher in a market marred by heavy selloffs. Bitcoin, still the most prominent cryptocurrency, failed to maintain its level and was at around $62,000. However, when it comes to digital assets under consideration,…
A newly created address spent $3.013 million USDC to buy 791,000 EIGEN tokens, according to EmberCN monitoring earlier today. In this transaction, USDC was converted to ETH and then used to buy EIGEN on average at $3.80 per token. A notable investment into the EigenLayer ecosystem was spent on the tokens purchased, which were later…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Ethereum-based restaking protocol EigenLayer has confirmed that a recent suspicious sale of $5.5 million worth of tokens was the result of a hack, not insider misconduct as initially speculated. On Friday, traders grew suspicious when 1,673,645 EIGEN tokens were sold shortly after the token became tradable, raising concerns that…
After releasing its native token, EIGEN this week, Ethereum restaking protocol EigenLayer is facing criticism over its tokenomics structure. Usually, the weeks and months preceding the launch of a token are met with hype and anticipation. When the airdrop or launch finally happens, investors’ activities and expectations keep the token’s price high. EIGEN Token Sees…
October 2, 2024 at 10:45 PM GST updated: October 2, 2024 at 08:56 PM 2 mins read News Justin Sun sold 5.374 million EIGEN tokens, withdrawing $21.66M USDT from Binance after the EigenLayer CEX listing announcement. Sun transferred the EIGEN tokens from six addresses to HTX, then immediately to Binance for liquidation at an average…
On Monday, eigenlayer (EIGEN) made its debut on major exchanges, hitting a peak of $4.47 per token. However, by 1:30 p.m. EDT on Oct. 1, the price had dipped 12%, settling at $3.90 per coin. By 2 p.m. it was exchanging hands for $4.30 per unit. EIGEN Token Hits Crypto Market A new contender has…
Este artículo también está disponible en español. The long-anticipated trading of Eigenlayer’s EIGEN token began today, following the lifting of transfer restrictions that had been in place since the token’s launch in May. Major cryptocurrency exchanges including Binance, Kraken, Coinbase, ByBit, and OKX have listed EIGEN, providing liquidity to holders of the token, many of…
Este artículo también está disponible en español. Despite scalability and high gas fees facing Ethereum, the founder of EigenLayer, a liquidity restaking platform, insists the network is superior, especially against Solana. Solana is the third most valuable smart contracts platform, trailing Ethereum and the BNB Chain. Over the years since launching, it has been gulping…
Eigen token transfer restrictions end on September 30, boosting market liquidity and trading flexibility. EigenLayer’s integration with major blockchain projects strengthens its role in enhancing security and data availability. In a tweet, the Eigen Foundation has announced a big shift for EIGEN token holders: transfer restrictions will be removed on September 30, 2024. This decision…
September 6, 2024 at 04:18 PM GST updated: September 6, 2024 at 11:53 AM 2 mins read News EigenLayer’s Season 2 Stakedrop offers 86M EIGEN tokens to stakers, operators, and ecosystem partners starting September 17, 2024. Participants staking ETH or EIGEN between March 15 and August 15 are eligible for significant rewards, securing long-term value….
The Eigen Foundation has launched its Season 2 stakedrop, offering EIGEN tokens to stakers, ecosystem partners, and community members who contributed to the Eigenlayer network. Token claims will open on or before September 17, 2024, with rewards based on participation in staking, contributions to the ecosystem, and early support for the project. Eigen Foundation Announces…