Karak has ‘good chance’ of becoming next EigenLayer after EIGEN airdrop disappointment

As an analyst with a background in the crypto industry and a keen interest in decentralized finance (DeFi), I believe that Karak’s recent growth and EigenLayer’s airdrop controversy could significantly impact the market share of Ethereum staking protocols. The burgeoning staking protocol on Ethereum, Karak, experienced a significant increase in its total value locked (TVL), … Read more

Safe token drops 42% after enabling transfers

As an analyst with a background in crypto and blockchain technology, I find the recent developments at Safe intriguing but concerning. The unlocking of token transferability, which was a highly anticipated event, led to a significant price drop of 42% for the Safe token. This is a stark reminder that the relationship between token prices … Read more

Dead protocol leaks crypto funds from hacked pool

As an analyst with a background in blockchain technology and cybersecurity, I find the recent incident of a hacker exploiting the smart contracts of defunct DeFi lending protocol Yield Protocol deeply concerning. Having closely followed the events surrounding Yield Protocol’s shutdown in December 2023 and its recovery from a previous attack on Euler Finance, I … Read more

ZK systems will have their ChatGPT moment: Telos Foundation

As an analyst with a background in blockchain technology, I’m excited about the potential of zero-knowledge (ZK) systems and believe that they could experience a breakthrough similar to ChatGPT’s impact on artificial intelligence. ZK is a game-changing technology that allows for the authentication of information while maintaining privacy, which is crucial for public blockchains. As … Read more