New scoop 👀

SCOOP: Lido's co-founders and @Paradigm secretly funded a restaking startup that will compete with @EigenLayer.

Sam Kessler reports
trib.al/gzDV0la

Donald Trump claims he's crypto's candidate. But does he even understand what it is?

I went to Mar-a-Lago to find out

coindesk.com/policy/2024/05…

Must read!!

In my latest CoinDesk story I pull back the curtain on 'KOL rounds.' In the old days crypto projects paid shills like BitBoy to promote their tokens. Now they bring the influencers onto the cap table, offering sweetheart terms that don't always see daylight. Is it kosher?
👇 🧵

Trump Speaks on $BODEN at NFT Event

'That's a Lotta Money for a Coin, I Don't Like That Investment'

Audio Source: Danny Nelson

EXCLUSIVE: Ethereum wallet @metamask is releasing a 'virtual mempool' designed to help users dodge maximal extractable value (MEV) bots.

Sam Kessler reports
trib.al/1h88t0V

The former CEO, CFO and CCO of bankrupt crypto lender Cred have been arrested and charged with wire fraud conspiracy by the U.S. Department of Justice.

@[email protected] Sam Kessler reports
trib.al/xRpZy1H

.CoinDesk is hiring for a reporter in the U.S. and another reporter in the APAC region. I've no insight into the roles specifically but happy to answer any qs about working at CD generally

boards.greenhouse.io/coindesk/jobs/…

boards.greenhouse.io/coindesk/jobs/…

REMINDER: $16 billion in deposits and a 44-page token whitepaper doesn't change the fact that EigenLayer is still more theory than reality.

'Restaking' can't exist without slashing/rewards.

$CRV 💀

.@EigenLayer 'launched' yesterday with more than $12B in deposits, but it's still missing crucial functionality, including slashing and restaking rewards.

Sam Kessler reports
trib.al/DbRHkuB

Restaking protocol EigenLayer has launched on Ethereum mainnet alongside its in-house data-availability service, EigenDA.

Sam Kessler reports
trib.al/Jy6vqRx

.Ripple plans to release a stablecoin pegged to the U.S. dollar.

Sam Kessler reports
trib.al/gNzQanO