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DIGIT INFO – Page 178 – Bookmarking Crypto Insights

Kraken’s ETH Deposit Highlights Restaking Paradox: Eigencloud’s $6.5B TVL vs EIGEN’s 96% Price Decline

Crypto exchange Kraken has deposited ether into Eigencloud, the leading restaking protocol on the Ethereum network, even as the platform’s native EIGEN token trades roughly 96% below its all-time high despite holding over $6.5 billion in total value locked. Kraken Deposit Signals Institutional Interest in Ethereum Restaking Kraken, one of the largest U.S.-based cryptocurrency exchanges, … Read more

Whale Dumps $100M ETH Short, Pivots to $13.4M Bitcoin Bet at 20x Leverage

An onchain trader has abandoned a $100 million ether short position after absorbing a $260,000 loss and immediately reversed course, opening a leveraged 20x long bet on bitcoin worth $13.43 million. Trader Flips From ETH Short to Leveraged Bitcoin Long A pseudonymous high- leverage trader closed a short position on ether ( ETH) worth over … Read more

Hyperliquid Expands Beyond Perps With Validator-Driven Prediction Markets for Offchain Events

Hyperliquid, the decentralized perpetual futures platform with over $5.5 billion in total value locked, has launched canonical prediction markets for real-world offchain events, powered by automated software run by its validator network. Validator-Based Markets Enter the Fray Hyperliquid, the L1 best known for its perpetual futures exchange, announced on May 26 that it now supports … Read more

Bitcoin Slides Below $77K as US Military Strikes on Iran Shake Risk Appetite

Following reports of U.S. Navy strikes against targets in Iran, bitcoin dropped nearly $800 in over three hours on Monday night, slipping below $77,000 and wiping out roughly $20 billion in market capitalization. Market Reaction to Geopolitical Shocks Bitcoin slipped back below $77,000 late Monday after reports that the U.S. Navy had struck targets in … Read more

Ondo Finance Confirms Founder Nathan Allman’s Death, Appoints Ian De Bode as CEO

Ondo Finance, one of the leading real-world asset tokenization protocols with over $3.79 billion in total value locked, has confirmed the unexpected death of its founder Nathan Allman. Ian De Bode has been named the new chief executive officer, effective immediately. Filling Big Shoes Ondo Finance, a blockchain protocol that brings traditional financial instruments onchain, … Read more

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