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Cryptorank

Category Eigen Layer

InceptionLRT is shutting down just six months after raising $3.5 million in seed funding

InceptionLRT is shutting down just six months after raising $3.5 million in seed funding

InceptionLRT, a protocol that is meant to push the boundaries of decentralized infrastructure, has announced it is shutting down operations, just s...
High-risk DeFi loans are surging as market sentiment drives demand for leverage

High-risk DeFi loans are surging as market sentiment drives demand for leverage

The DeFi analytics platform IntoTheBlock confirmed on November 7 that high-risk DeFi loans had surged due to market sentiment increasing their dem...
Kraken exchange unveils the EigenLayer restaking protocol for non-U.S. investors to restake ETH

Kraken exchange unveils the EigenLayer restaking protocol for non-U.S. investors to restake ETH

Kraken Exchange has unlocked a new restaking feature on the exchange’s decentralized finance protocol, EigenLayer. The feature will offer additiona...
Eigen Layer holds more than $20B in reported value: Riskier than meme tokens?

Eigen Layer holds more than $20B in reported value: Riskier than meme tokens?

Eigen Layer launched only two months ago on the Ethereum mainnet. Since then, the protocol reported constant inflows of collateral deposits, reachi...