In this episode, Sreeram Kannan, founder of EigenLayer, and Konstantin Lomashuk, co-founder of Lido Finance, discuss the complex world of staking in Ethereum's post-Shanghai ecosystem.
The project said the exploit did not affect liquidity providers and the DAO Treasury.
Daily Bits…✍️✍️✍️
A lawsuit filed in a California District Court accuses Coinbase of breaking Illinois' biometric privacy laws by implementing unlawful Know Your Customer procedures and data storage practices.
Crypto heavyweights Polygon Labs, a16z, AFME, and DPF respond to the UK's proposed regulatory framework, highlighting risk differences in DeFi, advocating for activity-based regulations, and seeking a global taxonomy of crypto assets.
Celsius is attempting to merge its UK and US entities amid court filings alleging the distinction between the two is a "sham," complicating recoveries for customers and Series B investors in the bankrupt crypto lender.
Ohio-based Gary James Harmon received a four-year prison sentence for stealing 712 Bitcoin from his brother, despite law enforcement's attempt to seize the assets.
Magic Eden plans to refocus on Solana after briefly losing its top position as a Solana NFT marketplace to competitor Tensor, following its expansion to other blockchains like Ethereum and Bitcoin.
Temasek, Singapore's state-owned investment fund, refuted reports of investing $10 million in algorithmic currency startup Array, despite previous claims suggesting otherwise.
Today in Crypto Adoption...
Sotheby's launched Sotheby's Metaverse, an on-chain secondary NFT marketplace, offering curated, peer-to-peer transactions on the Ethereum and Polygon networks.
The $$$ Corner…
FARE Protocol raised $6.2 million in a seed round led by Goat Capital and C Squared Ventures, ahead of its ecosystem and native token launch on Arbitrum.
MetaCRM, a blockchain-based customer relationship management solution, garnered $2.5 million in a seed funding round led by Cherubic Ventures and supported by Ondine Capital, Red Building Capital, and Tribe Accelerator.
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