The total value locked in liquid re-staking tokens reached nearly $8 billion.Protocols such as Etherfi, Renzo, Kelp, Puffer, etc. have seen a rapid increase in deposits over the past few months. This increase occurs because users can leverage EigenLayer through these platforms to maintain access to their funds.Etherfi has the highest TVL among these light rails, exceeding $3.2 billion, followed by Renzo with $2 billion and Puffer with $1.3 billion. Kelp has over $740 million in user deposits, EigenPie has $328 million in TVL, and Swell has $265 million.Other smaller LRT protocols include Bedrock with a TVL of $145 million,…
Author: Crypto Flexs
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Consensys has submitted a memorandum to the U.S. Securities and Exchange Commission (SEC) advocating for approval of an Ethereum-based exchange-traded fund (ETF). me In a recent request for public comment on Nasdaq’s application for a rule change to allow trading in the iShares Ethereum Trust, the SEC specifically inquired about Ether’s proof-of-stake consensus mechanism and unique concerns related to concentration of control or influence. Consensys responded to these concerns by explaining that Ethereum’s PoS model incorporates robust anti-fraud and anti-tampering mechanisms. One of the key advantages that Consensys highlights is faster block finality. As Ethereum transitions to PoS, transaction finality…
There is one unavoidable fact about self-storing Bitcoin: The responsibility lies with you. You are responsible for your funds, you are responsible for keeping them safe, you are responsible for everything. This may be a difficult prospect, but there are simple ways to approach self-custody.Securing Bitcoin can be thought of as similar to building a house. First you lay the foundation, then build a frame on top of it, and from there you fill in the walls, insulation, utilities, etc. You’ll need to complete the following tasks for each part of your home you want to add: Otherwise, your entire…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Lutra, which aims to replicate Shiba’s success with Dogecoin, is the latest competitor to target Pepe’s turf in the meme token space. Based on a systematic growth plan, we aim to conquer the meme world step by step. Meme tokens are gaining traction by carving out a unique niche behind popular internet memes. Following in the footsteps of the same success as Shiba Inu with Dogecoin, a new competitor has emerged: Lutra. Just as the Shiba Inu captured the…
Illustration by Mitchell Preffer for DecryptLegal intrigue was the topic of the week, keeping Crypto Twitter on the edge of its seats and booing and cheering in equal measure. A federal judge on Monday refused to be fired The U.S. Securities and Exchange Commission (SEC) has found most of the regulator’s key claims in its ongoing lawsuit against Coinbase to be “valid,” and there is general agreement that the SEC has jurisdiction over much of the cryptocurrency industry.Coinbase executives, as expected, were quick to dismiss the ruling and made it clear that this does not mean a loss for the…
Ethereum price is showing positive movement above the $3,550 area. ETH could gain bullish momentum if it breaks out of the $3,650 resistance area in the near term. Ethereum started another increase near the $3,500 support area. The price is trading above $3,550 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major bullish trendline with support at $3,550. If it settles above the $3,650 resistance zone, it could gain bullish momentum. Ethereum price could rise higher Ethereum price remained strong above $3,500. ETH has formed a base and, like Bitcoin, recently…
Dogecoin (DOGE) has surged 20% in value over the past week. The surge in the price of Dogecoin, combined with anticipation of the so-called Doge Day and the launch of Coinbase’s Dogecoin futures product, suggests bullish momentum for the cryptocurrency. Created by software engineers Billy Markus and Jackson Palmer, the coin has enjoyed a resurgence amid growing interest in other meme coins such as Dogwifhat (WIF), Book of Meme (BOME), Pepe (PEPE), and Slerf (SLERF). According to Tradingview, support levels for Dogecoin (DOGE) are 0.081 cents and 0.094 cents, representing key levels where buying interest may emerge to prevent further…
read:If you own cryptocurrency, you should read this:Earlier this week Bitcoin Plunged to $8,900. In this week’s newsletter, we’ll explain in detail what happened, how it happened, and how to protect yourself from this type of market manipulation in the future.Bitcoin plummets to $8,900 (on BitMEX)Bitcoin plummets to $8,900 (on BitMEX)On Monday, Bitcoin experienced a brief but dramatic drop of $8,900 on BitMEX due to massive sell orders totaling $55.49 million. This flash crash was short-lived and the price quickly recovered to $67,000.Flash crashes don’t happen often, but they do happen. But this flash crash wasn’t caused by technical difficulties…
The Solana Foundation has issued a statement regarding the issue of aggressive meme coins on the Solana blockchain. Austin Federa, head of strategy at the Solana Foundation, argued that Solana’s core components should be permissionless and that blocking some of these aggressive assets should be left to individual applications. Solana is unlikely to be traded (…)
Welcome to our extensive overview of how to find the best online casino ratings! Whether you are an experienced gamer or just starting out, choosing the best online gambling establishment can greatly improve your betting experience. With so many options readily available, it can be difficult to choose. This short article aims to provide you with valuable understanding and suggestions to help you choose the best online gambling enterprise that suits your requirements and choices. Why Online Casino Reviews Matter Online gambling establishment recommendations are an important device for gamers who want to check out the huge world of internet…