Restaking

Ether.fi Pivots to Become Neobank, Rolls Out Cash Cards in U.S.
Ether.fi Pivots to Become Neobank, Rolls Out Cash Cards in U.S.

Restaking protocol Ether.fi said it plans to add banking services that will see it become a decentralized finance (DeFi) neobank.

Last updated 3 mins ago

Pantera Leads $29M Funding for EigenLayer Rival Symbiotic to Expand Staking Play
Pantera Leads $29M Funding for EigenLayer Rival Symbiotic to Expand Staking Play

The team behind the Symbiotic network, the restaking protocol meant to rival EigenLayer, shared Wednesday that it had raised $29 million in a Series A round.

Last updated 3 mins ago

EigenLayer Tokens to Be Released in Coming Hours, Futures Trade at Fully Diluted $6.8B
EigenLayer Tokens to Be Released in Coming Hours, Futures Trade at Fully Diluted $6.8B

Election 2024 coverage presented by

Last updated 3 mins ago

YieldNest Unveils First Liquid-Restaking Token on BNB Chain as Return-Boosting Strategy Gains Ground
YieldNest Unveils First Liquid-Restaking Token on BNB Chain as Return-Boosting Strategy Gains Ground

Restaking protocol YieldNest announced the introduction of ynBNB, the first liquid-restaking token on the BNB Chain, giving users the opportunity to earn returns on top of those from staking the nativ...

Last updated 3 mins ago

Bitcoin Yields as High as 45% on Offer in Pendle’s New Pools
Bitcoin Yields as High as 45% on Offer in Pendle’s New Pools

DeFi platform Pendle on Wednesday started offering pools with variable yields of as high as 45% on a bitcoin (BTC)-backed token in a move that expands the product’s fundamentals.

Last updated 3 mins ago

Restaking Protocol Ether.fi Selects Scroll as Layer-2 Network for Settlement
Restaking Protocol Ether.fi Selects Scroll as Layer-2 Network for Settlement

Ether.fi said it selected the Scroll blockchain as a settlement layer, allowing the restaking protocol to start operating its planned credit card and introduce a market for lending and borrowing.

Last updated 3 mins ago

Top Crypto Startup Drove Other Projects’ Airdrops to Its Employees
Top Crypto Startup Drove Other Projects’ Airdrops to Its Employees

Transparent blockchains were pitched as an antidote to Wall Street-style backroom deals. They've instead paved the way for a new class of insiders.

Last updated 3 mins ago

As Restaking Takes Shape on Solana, Ethereum’s Renzo Jumps in With ‘ezSOL’
As Restaking Takes Shape on Solana, Ethereum’s Renzo Jumps in With ‘ezSOL’

Early efforts on the Solana blockchain to develop a framework for "restaking" – a way of securing new protocols and applications without having to spin up additional validator networks – appear to...

Last updated 3 mins ago

Ethereum-Based Swell Imports Wrapped Bitcoin to Serve as Liquid Restaking Token
Ethereum-Based Swell Imports Wrapped Bitcoin to Serve as Liquid Restaking Token

Ethereum staking project Swell has introduced "swBTC," a liquid restaking token (LRT), to earn bitcoin holders yield from EigenLayer and rival restaking protocols Symbiotic and Karak.

Last updated 3 mins ago

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

RedStone, a provider of oracle data feeds for blockchains, announced Tuesday that it raised $15 million in a series A round, led by Arrington Capital.

Last updated 3 mins ago