Category: stake
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EigenLayer Revolutionizes Staking With Ethereum Protocol
EigenLayer, an Ethereum protocol, is reshaping the landscape of restaking by introducing innovative features that streamline the process for users. Unlike traditional staking methods that require a minimum of 32 ETH, EigenLayer enables users to deposit liquid staking tokens like Lido stETH, Rocket Pool ETH, and Coinbase Wrapped Staked ETH, simplifying the restaking process significantly. EigenLayer is a pioneering protocol on Ethereum that revolutionizes the concept of restaking. Restaking refers to the ability to utilize staked ETH on other protocols, thereby earning protocol fees and rewards while assuming additional slashing risks. This innovative approach… pic.twitter.com/p2EzJGWQwo — Slim Daddy◻️𓃵 ₿ (@felixreads)
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Ethereum Experiences Price Volatility Amid Sell-Off Reports, Records New Staking High
Despite a slight recovery, Ethereum price has been marked by significant sell-offs in the past 24 hours, with the token currently trading above the $2300 mark. In a notable transaction, a large whale identified as 0x6f6…1723d initiated a sell-off of $WBTC and $ETH amounting to US$7.14 million. The whale withdrew 33.6 WBTC and 2,500 ETH from Aave and Lido, respectively, before selling them on the chain. The proceeds from the sale were then used to repay the loan in Aave. Additionally, recent reports indicate that Cumberland DRW received 1,000 ETH, valued at 2.3 million US dollars, from the Alameda Research
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Lazarus used ‘Kandykorn’ malware in attempt to compromise exchange — Elastic
Lazarus members posed as engineers and fooled exchange employees into downloading difficult-to-detect malware.
Exclusive: Hackers selling discounted tokens linked to CoinEx, Stake hacks
Blockchain analytics firm Match Systems has made contact with an individual who is believed to be selling tokens linked to the recent CoinEx and Stake hacks at discounted prices.
Criminals more reliant on cross-chain bridges than ever after mixer crackdowns
The sanction of cryptocurrency mixer Tornado Cash in August caused the first major shift, but that is now accelerating even faster than projected.
3 steps crypto investors can take to avoid hacks by the Lazarus Group
The Lazarus Group has mastered the art of stealing crypto investors’ assets. Here are a few tips on how investors can protect their portfolios.
Hackers behind $41M Stake heist shifts BNB, MATIC in latest move: CertiK
A total of $4.8 million in funds have now been moved by the hacker to Bitcoin and now Avalanche.
Stake hack of $41M was performed by North Korean group: FBI
After investigating, the FBI concluded that the hack of crypto gambling site Stake was carried out by North Korean hackers Lazarus Group.
Crypto casino Stake reopens withdrawals just 5 hours after $41M hack
The online crypto casino reported unauthorized transactions from its hot wallets on Sept. 4 with blockchain security firms estimating at least $41 million pilfered from hackers.