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EigenLayer Tests Bearish Momentum as EIGEN Price Slides to $1.12 Amid Market-Wide Crypto Weakness

EigenLayer Tests Bearish Momentum as EIGEN Price Slides to $1.12 Amid Market-Wide Crypto Weakness

EIGEN price drops 3.86% to $1.12 as technical indicators signal continued bearish pressure, with the token approaching lower Bollinger Band support amid broader crypto market weakness.

EigenZero: Strengthening Cross-Chain Security with EigenCloud and LayerZero

EigenZero: Strengthening Cross-Chain Security with EigenCloud and LayerZero

EigenCloud and LayerZero introduce EigenZero, enhancing cross-chain security through a decentralized verifier network backed by EigenCloud’s infrastructure and $5 million in ZRO tokens.

Decentralized Infrastructure Network Launches on EigenLayer, Enhancing Web3 Security

Decentralized Infrastructure Network Launches on EigenLayer, Enhancing Web3 Security

The Decentralized Infrastructure Network (DIN) launches on EigenLayer, introducing cryptoeconomic security for RPC infrastructure, addressing centralization issues in web3.

SoraChain AI Utilizes EigenCompute for Scalable Federated Learning

SoraChain AI Utilizes EigenCompute for Scalable Federated Learning

SoraChain AI leverages EigenCompute's technology to build scalable federated learning infrastructure, overcoming traditional challenges in privacy and scalability, according to EigenCloud.

Exploring EigenLayer's Impact on Ethereum's Security and Innovation

Exploring EigenLayer's Impact on Ethereum's Security and Innovation

EigenLayer introduces restaking on Ethereum, enhancing crypto-economic security and fostering innovation through Actively Validated Services (AVS), revolutionizing blockchain ecosystems.

Flow Traders Embraces DeFi with EigenLayer and Cap Integration

Flow Traders Embraces DeFi with EigenLayer and Cap Integration

Flow Traders, a major liquidity provider, integrates with EigenLayer's Cap, marking a significant step in bridging traditional finance with DeFi through innovative cryptoeconomic mechanisms.

EigenLayer Restaking Protocol Launches on Ethereum Mainnet, Unlocking Delegation and Security Expansion

EigenLayer Restaking Protocol Launches on Ethereum Mainnet, Unlocking Delegation and Security Expansion

EigenLayer, an Ethereum restaking protocol, has launched, enabling restakers to delegate stakes to operators, promoting decentralized innovation and lowering entry barriers for new blockchain projects.

Binance Labs Invests in nLRP Puffer for Enhanced Ethereum Staking

Binance Labs Invests in nLRP Puffer for Enhanced Ethereum Staking

Binance Labs, Puffer, Ethereum Staking, DeFi, Liquid Restaking, EigenLayer, Blockchain Innovation, Decentralization, Cryptocurrency Investment, DeFi Development

Ethereum Liquid Restaking Drives DeFi TVL to $100B in Q1 2024

Ethereum Liquid Restaking Drives DeFi TVL to $100B in Q1 2024

DeFi TVL nearly doubled in Q1 2024, reaching $98 billion, partly due to Ethereum's liquid restaking initiatives. However, a recent crypto market pullback has led to a decline to $86.6 billion.

EgenLayer's Airdrop Plan Raises Concerns Over Token Distribution Equity

EgenLayer's Airdrop Plan Raises Concerns Over Token Distribution Equity

EigenLayer, the second-largest DeFi protocol with $15.952 billion in total value locked, recently announced its native token's stakedrop. However, the distribution details have sparked disappointment and criticism within the crypto community. This article explores the allocation strategy, criticisms, and potential implications for EigenLayer.

Ethereum Foundation Suffered from MEV Bot Attack in Eth Selling

Ethereum Foundation Suffered from MEV Bot Attack in Eth Selling

The Ethereum Foundation suffered a Sandwich attack by an MEV Bot during a 1.7k ETH transaction on Uniswap V3, resulting in a $9,101 loss. The incident spotlights the rising menace of MEV exploits and underlines the necessity for enhanced security protocols in blockchain transactions.

Ritual Teams Up with EigenLayer

Ritual Teams Up with EigenLayer

Ritual partners with EigenLayer to enhance AI capabilities on Ethereum, leveraging restaking mechanisms for decentralized AI services and economic security.

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