Binance Labs invests in liquid staking platform aPriori
The deal comes amid a flurry of investment in aPriori’s native blockchain network, Monad. Go to Source
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‘Golden Boys’ behind Compound ‘governance attack’ agree to rescind proposal
A member of the “Golden Boys” voting bloc, Humpy, appears to have accepted a new staking proposal while agreeing to rescind the controversial Proposal 289. Go to Source
Spot Ethereum ETFs are coming, but ETH derivatives markets are flat
Ether futures show little confidence in the chance of ETH breaking above $4,000 in the near term. Go to Source
Restaking: Revolutionizing Cryptocurrency Security With Added Rewards
Restaking is an innovative approach to enhancing cryptocurrency security by allowing users to use their assets to protect external services. By restaking your ETH, LST, or other tokens, you receive a new token called Liquid Restaking Token (LRT). This method not only bolsters security across various networks but also provides users with additional benefits. According … Read more
Rapid Growth In Re-Staking Ecosystem Led By Eigen Layer
The Re-Staking ecosystem is experiencing rapid growth, with Eigen Layer at the forefront. As of June 14, 2023, Eigen Layer boasts a total value locked (TVL) of $15.03 billion, dominating the market with 69% of its TVL in WETH. Its early launch and successful $150 million fundraising have solidified its market position. A newcomer to … Read more
Digital Chamber Urges SEC to End Attacks on Crypto Industry, Embrace Future of Finance
The Digital Chamber (TDC) has urged the U.S. Securities and Exchange Commission (SEC) to end its attacks on the crypto industry following its enforcement action against Consensys. The chamber argues the SEC’s actions are overreaching and detrimental to financial innovation and inclusion. Digital Chamber Criticizes SEC’s Action The Digital Chamber (TDC) has called on the … Read more
Ethereum futures markets suggest rally to $3.7K is highly unlikely
Analysts warn that a spot ETH ETH approval might not produce the bullish price outcome that many traders expect. Do futures markets agree? Go to Source
Bernstein Predicts Lukewarm Demand for US Spot Ethereum ETFs
Market strategists from the brokerage firm Bernstein stated on Monday that U.S. spot ethereum exchange-traded funds (ETFs) might not attract the same demand as their bitcoin counterparts did this year. Analysts from the financial firm pointed out that the absence of staking could be a drawback, resulting in less spot conversion. Bernstein Analysts Highlight Tokenization … Read more
Ethereum could fall 30% after spot ETH ETFs launch — Crypto VC
Mechanism Capital’s Andrew Kang believes an Ether ETF would provide limited upside for the asset unless Ethereum “develops a compelling pathway to improve its economics.” Go to Source
Polkadot’s new proposal to slash unstaking time to 2 days
Polkadot’s new RFC-0092 proposal aims to reduce the unstaking period from 28 days to just two days, enhancing user experience and maintaining network security. Go to Source
