Ethereum News

Ethereum News

Finance

Eigen Labs, Developer Behind Restaking Protocol EigenLayer, Raises $100M From A16z Crypto

Pioneering restaking project EigenLayer, a project led by Sreeram Kannan, isn't even live, but investors are piling in. A16z Crypto is affiliated with the venture capital firm Andreessen Horowitz.

EigenLayer CEO Sreeram Kannan (University of Michigan, modified by CoinDesk)

Tech

Protocol Village: Fuel Labs Evolves Into 'Rollup OS,' With Multiple Native Assets, Combating State Bloat

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 15-21.

Scene from Protocol Village at Consensus 2023 in Austin, Texas.

Tech

Polygon, StarkWare Tout New 'Circle STARKs' as Breakthrough for Zero-Knowledge Proofs

Circle STARKs are supposed to accelerate the proving process for zero-knowledge rollups, according to a white paper published by Polygon Labs and StarkWare.

Brendan Farmer, Co-Founder of Polygon (Shutterstock/CoinDesk)

Tech

The Protocol: Restaking Tokens Are Exploding, and Restaking Isn't Even Live

In this week's issue of our weekly blockchain tech newsletter, Sam Kessler explores how "liquid restaking tokens" or LRTs are remaking decentralized finance. PLUS: Starknet's STRK airdrop, Stellar's smart-contract facelift and bitcoin's supply crunch.

(Alina Grubnyak/Unsplash)

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Finance

New Technology Will Have Institutions Lining Up for Crypto

The zero-knowledge Ethereum Virtual Machine enables real world asset tokenization on a far greater scale, says Colin Butler at Polygon Labs.

(Ryoji Iwata/Unsplash)

Markets

STRK Tokens Claimed Hit 420M in a Day as On-Chain Metrics Soar

The Starknet blockchain hit a record-high 1.06 million transactions on Tuesday, with a peak of 45.2 transactions per second.

Headshot of Starknet Foundation CEO Diego Oliva

Markets

Restaking Protocol Kelp DAO Brings Liquidity to EigenLayer Points

Kelp DAO's newly announced kelp earned points (KEP) token brings liquidity to EigenLayer Points.

EigenLayer CEO Sreeram Kannan (University of Michigan, modified by CoinDesk)

Videos

Three Major Ethereum Stories to Watch in 2024

Amid excitement around the spot bitcoin ETF approval, CoinDesk's Jennifer Sanasie presents three major Ethereum ecosystem stories to watch in 2024, including the much-anticipated Dencun upgrade, steam around the spot ether ETF narrative and Ethereum's dominance in decentralized applications, NFTs, and tokenized assets.

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Tech

Liquid Restaking Protocol Puffer Rakes in $1B in Deposits in Just 3 Weeks

Liquid restaking protocols are seeing ample demand from users as speculation mounts over potential applications for the Ethereum restaking juggernaut EigenLayer, and the prospects for rewards paid out to early users.

Puffer fish (Stelio Puccinelli/Unsplash)

Finance

Starknet Token STRK Begins Trading at $5 After Mammoth Airdrop

Fully diluted value of STRK reached as high as $50 billion with an initial market cap of $3.64 billion.

Pyth issues token airdrop (ian dooley/Unsplash)