Whale Sells 130B PEPE, Swaps Meme Coin for EIGEN
PEPE meme coin crashed 2.56% in the past day after a super PEPE whale sold a massive 74.07 billion tokens and bought EIGEN tokens worth $200K.
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PEPE meme coin crashed 2.56% in the past day after a super PEPE whale sold a massive 74.07 billion tokens and bought EIGEN tokens worth $200K.
Amid a highly turbulent crypto market witnessed as the week kicks off, a super Pepe Coin whale shifted focus to EIGEN has sparked significant market discussions. Notably, on-chain data pointed out a massive 130 billion PEPE whale selloff, with the investor simultaneously diversifying his portfolio by buying over 200K of the Ethereum-based token.
EigenLayer, Ethereum's largest restaking platform, introduces Bitcoin restaking options, including yield opportunities for Wrapped Bitcoin.
TL;DR P2P.org launched the “Operator Allocation Share” program in EigenLayer, allowing its delegators to claim part of a total reward of 828.08 ETH. The platform developed a “Risk Engine” and a rewards management tool to improve security and accessibility in EigenLayer. P2P.
EigenLayer kicked off programmatic EIGEN token incentives for restakers in October.
Researchers Justin Drake and Dankrad Feist stirred up controversy in May after revealing they'd received large token payouts from EigenLayer.
Two Ethereum Foundation researchers Justin Drake and Dankrad Feist have disclosed the decisions to drop their advisorship positions with EigenLayer. The two experts took on this role with the restaking protocol earlier in May 2024 — but much to the disappointment of the crypto community.
Justin Drake has stepped down from his advisory role at EigenLayer just six months after his appointment, following backlash from the crypto community over potential conflicts of interest with his responsibilities at the Ethereum Foundation.
The market experienced a rollercoaster ride, with the global crypto market cap rising from $2.33 trillion to a three-month peak of $2.5 trillion by mid-week before settling at $2.38 trillion at the end of the week.
Two high-profile Ethereum researchers, Justin Drake and Dankrad Feist, have stepped down from their advisory roles at EigenLayer, a restaking platform. The announcement came today on X, as both researchers cited their desire to focus entirely on the Ethereum base layer.
Restaking protocols like EigenLayer allow investors to stake the same digital asset multiple times and reap the additional yields.
Restaking protocols like EigenLayer allow investors to stake the same digital asset multiple times and reap the additional yields.
Less than six months after disclosing his advisory role at EigenLayer, Ethereum Foundation Justin Drake has decided to relinquish the same position. This comes amidst backlash from members of the crypto community who raised concerns of a conflict of interest.
Two Ethereum researchers drop their advisorship roles at the EigenFoundation, citing a conflict of interest.
Researchers Justin Drake and Drankrad Feist set off a controversy in May when they revealed that they'd accepted big token payouts from EigenLayer, raising conflict of interest concerns.
A hacker published a series of posts Friday from EigenLayer's Twitter account, urging users to click on an apparent phishing link.
Popular cryptocurrency exchange Kraken has announced it's introducing Ethereum restaking via EigenLayer, allowing users who have already staked their ETH to leverage it through its smart contracts.
Kraken has launched a new feature allowing its clients to restake their ether (ETH) directly on the platform through Eigenlayer. This integration, Kraken says, makes the relatively complex process of restaking more accessible to a broader audience, especially those who have already staked ether on Kraken.
Kraken Exchange has unlocked a new restaking feature on the exchange's decentralized finance protocol, EigenLayer. The feature will offer additional yield-generating opportunities to Kraken investors and clients outside the U.S. jurisdiction.
OKX crypto exchange has announced a new lineup of trading pairs involving Shiba Inu's BONE, EIGEN, and TURBO tokens. These tokens will now be available for trading with USDC, a stablecoin pegged to the U.S. dollar.
Kraken now allows users to restake their staked ETH directly through its platform
Crypto exchange Kraken announced its successful integration with EigenLayer, enabling its users to restake Ethereum (ETH) directly from the platform, according to an Oct. 15 press release. The partnership aims to simplify restaking, making it more accessible to a broader range of users.
The cryptocurrency universe prepares for another bearish market wave for certain altcoins, raising investor concerns globally. Recent data from the Token Unlocks app indicated that nearly $300M worth of tokens are set to be released into the market over the coming week.
Binance, one of the world's largest crypto exchanges, has issued a new notice that might interest EIGEN, PEPE and SUI traders.