On June 25, ether (ETH) was trading at $3,300, a shade higher than Thursday’s price of $3,200. During that period, however, the total value locked (TVL) on EigenLayer – a protocol that links restaking protocols – slumped by $2.28 billion to $15.1 billion. Restaking protocols like Renzo and Kelp have lost 45% and 22% of their TVL, respectively, data from DefiLlama shows.
The heady growth is about as preordained as anything could be in DeFi. Sky is spending $2 million a month...
Historically, institutions have hesitated to move on-chain due to regulatory risks. However, with bitcoin ETF AUM inflows on track to...
“If you ask five people: 'What is Bittensor?' You will get five different answers,” Silbert, a cryptocurrency OG investor and...
“I don't think the competition for power from AI facilities will significantly impact hashprice,” Mellerud said. “The Bitcoin mining network...
Applications for this technology span finance, data sharing, education, and beyond. For instance, platforms like Genius Terminal use agents for...
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