Ethereum introduced unstaking this year, and the crypto market witnessed a stark shift. The Decentralized Finance (DeFi) space, in particular, observe
witnessed a stark shift. The Decentralized Finance space, in particular, observed the emergence of liquid staking protocols. With the discourse of “restaking” picking up heat, it seems like the market is getting ready for the next big thing.Ethereum Restaking is a novel concept that suggests that validators that have deposited ETH onto the Ethereum network can use that same ETH to extend their services. Validators operate as the gatekeepers, maintaining the security of the network.
“It easier for anybody to be able to spin up and build their projects, where historically it was extremely difficult to bootstrap your own trust network. Now, while the concept is still taking shape, people seem to already be showing their interest in it. Popular crypto influencer Vance Spencer even took to X, formerly Twitter, to say,
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin vs Ethereum: A Culture War Rooted in First PrinciplesWillem Schroe, founder of Botanix Labs, discusses the reasons why his company is working on a decentralized second layer to bring the Ethereum Virtual Machine (EVM) to Bitcoin.
Read more »
Cartesi rollup network goes live with first app HoneypotCartesi, an app-specific rollup protocol with a virtual machine that runs Linux distributions, has had its first decentralized app launched on the Ethereum mainnet: Honeypot.
Read more »
At-Home Staking 'Protects' Ethereum Network, Polygon Labs VP SaysThis September marks one year since Ethereum transitioned from a proof-of-work (PoW) consensus mechanism to proof-of-stake (PoS). As part of CoinDesk's Staking Week, presented by Foundry, Polygon Labs VP of Governance and Community Hudson Jameson shares insights into the ETH staking community and the benefits of staking at home. CoinDesk and Foundry are both owned by DCG.
Read more »
US Treasury sanctions Ethereum wallet tied to cartel over ‘illicit fentanyl trafficking’The U.S. Treasury Department’s Office of Foreign Assets Control has added a Mexican national in control of an Ethereum wallet to its list of sanctioned entities.
Read more »
Ethereum Wallet Tied to Sinaloa Cartel Sanctioned by US GovernmentThe wallet is tied to a money laundering operation that transfers proceeds from fentanyl sales to Sinaloa cartel leaders in Mexico, officials said.
Read more »
Borrowing on Ethereum: Comparing Architecture Evolution of MakerDAO, Yield, Aave, Compound, & EulerComprehensive overview of the key collateralized borrowing applications on Ethereum. Reusable approach to analyse other similar applications.
Read more »