Kraken’s ETH Deposit Highlights Restaking Paradox: Eigencloud’s $6.5B TVL…

In recent developments, crypto exchange Kraken has deposited ether into Eigencloud, the leading restaking protocol on the Ethereum network, even as the platform’s native EIGEN token trades roughly 96% below…

Restaking promises yield but delivers only stacked risk and no real value

In recent developments, restaking yields come from token emissions and VC incentives, not productive activity. Complex models concentrate power among large operators, while compounding risk cascades. Looking closer, market participants…