Search results for EigenLayer
Crypto
Ether.fi removes restaking exposure from weETH, moves toward split with EigenLayer
Ether.fi has removed all restaking exposure from its flagship weETH token, turning it into a pure liquid staking token, while limiting restaking to a separate Symbiotic-based token, weETHs, The Defiant reported on Thursday. The change effectively ends Ether.fi’s position as the largest operator built on the EigenLayer restaking model. Data from DefiLlama show Ether.fi’s staking segment at $3.3 billion, with weETH supply at 1.72 million and weETHs at 9,136.
Crypto
Fed chair \'no inflation easing\' comment rattles markets; bitcoin slips below $64,000
Bitcoin rose above $64,400 right after the U.S. Federal Reserve kept its policy rate unchanged, but slid back below $64,000 after Fed Chair Kevin Warsh’s hawkish remarks. Over 24 hours, it was up just 0.13%. The Fed held rates at 3.50 to 3.75%, with three FOMC members dissenting for a 25-basis-point hike. Other major crypto prices were mostly rangebound, while risk assets faced pressure from higher oil prices and rising U.S. Treasury yields.
Crypto
Kross Protocol signs MOU with H Lab to expand independent validator ecosystem
Kross Protocol said on May 15 it signed a memorandum of understanding with H Lab, the crypto unit of Neowiz Holdings, to cooperate on network operations. Under the agreement, H Lab will join Kross Protocol as an independent validator node operator. Kross Protocol is preparing a June 1 mainnet 2.0 “Breakpoint” upgrade aimed at shifting to a participation-based network and expanding decentralisation and its global validator ecosystem.