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The new digital identity platform, Y, forgoes World Network's controversial biometric authentication for a system based on users' online activities.

The popularity of new blockchain “restaking" protocols led by EigenLayer has drawn a response from the principals behind the liquid staking platform Lido, which itself burst onto the scene a couple of years ago to become the largest project in

LayerZero launched a Lido stETH bridge last October without asking for Lido DAO's permission. The community responded this week by endorsing a pair of its biggest competitors.

The launch comes after restaking platform EigenLayer started to threaten Lido's dominance in Ethereum DeFi.

The fresh round of capital will be used to help launch Puffer’s mainnet.

Liquid restaking protocols are seeing ample demand from users as speculation mounts over potential applications for the Ethereum restaking juggernaut EigenLayer, and the prospects for rewards paid out to early users.

The token has $75 million in trading volume in the hour after claims went live.

The token has $75 million in trading volume in the hour after claims went live.

New liquid restaking platforms like Puffer and Ether.Fi have attracted billions of dollars in deposits, but they've birthed a speculative "points" frenzy that carries some risks.