Eigenlayer

The team behind the Symbiotic network, the restaking protocol meant to rival EigenLayer, shared Wednesday that it had raised $29 million in a Series A round. The funding will expand the current team and develop the protocol’s Universal Staking …

Almost one year to the day after Ethereum protocol EigenLayer launched its “restaking” network to unprecedented industry fanfare, the network is finally adding a core feature that was, until now, glaringly absent: “slashing.” Eigen Labs hopes …

When Ethereum’s hottest startup of last year, EigenLayer, launched a year ago to massive expectations — many community members were quick to criticize that it was lacking a critical feature. An announcement from the project on Wednesday said that the …

Researchers Justin Drake and Drankrad Feist set off a controversy in May when they revealed that they’d accepted big token payouts from EigenLayer, raising conflict of interest concerns.