Second Ethereum Foundation Researcher Acknowledges Advisory Deal Paid in EIGEN
The news set off a debate on the social-media platform X about whether advising the EigenFoundation might constitute a conflict of interest – given the flagged risks to Ethereum from restaking protocol EigenLayer.

Farcaster, Blockchain-Based Social Media Startup, Raises $150M, Led by Paradigm
Dan Romero's Farcaster made waves earlier this year with the introduction of "Frames," a feature allowing apps to run within posts, so users don't have to click off to another site. Other investors in the latest fundraising round include a16z and Haun.

What to Expect at Consensus 2024: Spotlight on Blockchain Tech
The three-day conference (May 29-31) features a host of big-name speakers from the realm of blockchain tech, including Sergey Nazarov, Casey Rodarmor, Joe Lubin, Emin Gün Sirer and Rune Christensen. Here is a preview of everything on offer.

Ether Bears Hit a Brick Wall as Price Collides With Bull-Market Trendline
Ether's sell-off has stalled at an upward-sloping trendline, characterizing the rally from October lows.

How MIT Brothers Allegedly Cheated a Noxious-But-Accepted Ethereum Practice for $25M
First came "The Bait." In an indictment, U.S. prosecutors detailed the incredibly complicated Ethereum exploit – in which attackers targeted the controversial area of "maximal extractable value," known as MEV.

What the DOJ’s First MEV Lawsuit Means for Ethereum
In a highly technical overview of an exploit that has since been patched, government prosecutors find that exploiting code is a crime. CoinDesk reached out to several experts in the Ethereum community to get their views on the case.

Protocol Village: Cyber, Formerly CyberConnect, Unveils Social-Focused Layer 2 on OP Stack
The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 9-15.

Brothers Accused of $25M Ethereum Exploit as U.S. Reveals Fraud Charges
The alleged 12-second attack related to the controversial practice known as MEV, or maximal extractable value.

Lido Co-Founders, Paradigm Secretly Back EigenLayer Competitor as DeFi Battle Lines Form
The popularity of new blockchain "restaking" protocols led by EigenLayer has drawn a response from the principals behind the liquid staking platform Lido, which itself burst onto the scene a couple of years ago to become the largest project in decentralized finance.
