Restaking


Tech

Jito Releases Open-Source Restaking Service for Solana

The yet-to-implemented codebase allows any Solana-based protocol to use any asset for its economic security.

(Danny Nelson)

Tech

RedStone, Blockchain Oracle Project Pushing Into Restaking, Raises $15M

The fresh round of capital will go towards hiring new team members, according to a press release.

RedStone Oracles co-founders Jakub Wojciechowski and Marcin Kazmierczak (RedStone)

Tech

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.

Renzo Founding Contributor Lucas Kozinski (Renzo)

Finance

Ether ETF Listing Approval Sees Billions Poured Into Restaking Protocol Ether.Fi

The protocol now has $5.4 billion in total value locked (TVL).

Ether.Fi CEO Mike Silagadze (CoinDesk, modified using PhotoMosh)

Tech

Who Needs an Off-Ramp? Ether.fi Plans Visa Card for Crypto Investors

The "Cash" Visa card from Ether.fi, the liquid restaking startup on Ethereum, might help crypto natives turn their decentralized finance investments into spending money.

visa, credit cards

Opinion

Exploring Ethereum's Staking Expansion: Potential for Growth and Innovation

The market is just beginning and there’s a lot of room for growth, says Eliezer Ndinga, Head of Strategy and Business Development for Digital Assets at 21.co. Here’s what could drive the market.

(Kate Trysh/Unsplash)

Tech

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.

Internal documents obtained by CoinDesk describe the setup of the new project. (Symbiotic)

Tech

EigenLayer Opens Claims for Airdrop of EIGEN Token, Though It's Non-Transferable

The much-hyped restaking project initiated its long-awaited though highly controversial plan to distribute EIGEN tokens, by opening a window of time where eligible users can claim them. They're not freely tradeable, but speculators in side markets put the fully diluted value around $15 billion.

EigenLayer CEO Sreeram Kannan. (Bradley Keoun)

Opinion

Restaking Is Hot in Ethereum and Entering Solana. Should We Worry?

The Lehman Brothers-driven global financial crisis of 2008 showed the danger of spreading money around too much.

(Cindy Tang/Unsplash)

Tech

Thiel-Backed Cryptography Startup Lagrange Raises $13M

Lagrange, which specializes in zero-knowledge cryptography, is the latest startup to ride EigenLayer's "restaking" wave.

Peter Thiel holding cash (Rachel Sun/CoinDesk)

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