Search results for restaking
Crypto
Anchorage Digital teams up with Puffer Finance to support institutional Ethereum restaking
Anchorage Digital has partnered with Puffer Finance to help institutional investors use Ethereum restaking, Cointelegraph reported on March 12. Under the integration, institutions can stake Ethereum held at Anchorage and receive Puffer’s restaking token, pufETH. Anchorage said the setup allows participation without running separate validators or managing staking infrastructure, while keeping assets within its custody and governance systems. DefiLlama data show liquid restaking protocols hold about $7.2 billion in TVL.
Crypto
EtherFi Cash moves from Scroll to Optimism, shifting 70,000 cards and 300,000 accounts
EtherFi will migrate its DeFi-native credit card service, EtherFi Cash, to the Optimism mainnet, The Block reported on Feb. 18. EtherFi said the move will shift about 70,000 active cards and roughly 300,000 accounts to Optimism in the coming months, along with user deposits worth several million dollars. EtherFi Cash is a non-custodial service that lets users spend stablecoin balances or borrow against staking and restaking assets.
Crypto
Restaking raises risk rather than creating value
Restaking is attracting attention in decentralised finance as a new revenue model, but it increases risk more than returns, Cointelegraph reported on Jan. 23. It said restaking reuses already staked assets for additional rewards but functions as leverage rather than efficiency, with the same ether serving as duplicated collateral across protocols. Governance failures or slashing can cascade upward and erase collateral, it said.