Institutional interest in digital assets means that crypto terms such as ‘Nakamoto Coefficient’ are now mainstream issues.
ETHEREUM
Ethereum restaking protocol EigenLayer raises $100 million led by a16z
Staking itself is part of a process known as proof-of-stake that is used by the Ethereum blockchain where token holders can lock up their tokens, or prove that they have a stake in the security…
Renzo Revolutionizes Ethereum Restaking with Binance Labs Funding
In a strategic move poised to redefine the Ethereum restaking landscape, Renzo has secured a significant investment from Binance Labs, marking a new era of simplified and diversified restaking options …
Reddit converts excess cash into Bitcoin and Ethereum
Social media giant Reddit has been using its excess cash to add small amounts of Bitcoin (BTC) and Ether (ETH) to its treasury since 2022 and believes crypto and blockchain have “significant potential …
Ethereum restaking startup EigenLayer raises $100M from a16z
Of note: Andreessen Horowitz was the sole investor in the most recent funding round. Last March, EigenLayer raised $50 million in a funding round led by Blockchain Capital, with participation from …
Ethereum’s Buterin challenges assumptions on L1-L2 dynamics
Vitalik Buterin, the co-founder of Ethereum, has voiced his reservations regarding the prioritization of simplifying Layer 1 (L1) blockchain networks at the expense of Layer 2 (L2) solutions.