Lagrange, which specializes in zero-knowledge cryptography, is the latest startup to ride EigenLayer's "restaking" wave.

The blockchain project's founders aren't even publicly named, but they've enjoyed remarkable success in fundraising, partly thanks to this increasingly popular fundraising method, where the longer you wait, the higher price you pay.

Injective’s "inEVM," which connects the Ethereum, Cosmos, and Solana networks, will rely on Arbitrum's Orbit toolkit.

Before starting Arbelos Markets last year, Tang served as chief investment officer at quantitative digital asset investment firm LedgerPrime while Lim was head of trading strategy at Galaxy and head of derivatives at now-defunct crypto lender Genesis.

The latest price moves in bitcoin (BTC) and crypto markets in context for May 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Economic Secretary Bim Afolami said that the government could put through stablecoin and staking legislation in the coming weeks but will outline was is coming later.