Eigen Labs Employee Accused of Pressuring Projects, EigenLayer Immediately Denies - Coincu
BTC $58089.223 -0.46%
ETH $2579.269 -2.57%
BNB $518.5 -0.59%
XRP $0.565 -0.86%
BTC ETH BNB ADA SOL AVAX DOGE LINK TRX
USD EUR GBP JPY AUD CAD CHF CNY
Convert
LIVE UPDATES • Eigen Labs Employee Accused of Pressuring Projects, EigenLayer Immediately Denies • Nasdaq Now Withdraws Bitcoin ETF Options Proposals Amid Skepticism Over SEC Approval • Bitcoin ETF Investment Is Getting Interested From Wall Street • Binance in India Now Approved to Resume Operations • Unlocking Potential: Why RECQ is the Smart Investment for Long-Term Growth • Telegram Channel “The Defiant Ones” Revealed by Trump Jr. for New Crypto Project • Bitcoin ETF Investment Is Increasingly Expanded By Hedge Funds • NYSE Now Withdrew Bitcoin ETF Options and Commodity Trusts Proposal • Uniswap V4 Security Contest Kicks Off with $2.35M Prize Pool! • Chainlink Data Streams and VRF Launch on Base Platform!
News Eigen Labs Employee Accused of Pressuring Projects, EigenLayer Immediately Denies 32 mins ago - Around 2 mins mins to read
Key Points:
EigenLayer refutes claims of improper influence by Eigen Labs employees regarding airdropped tokens.
Eigen Labs employees have been banned from participating in airdrops to prevent conflicts of interest.
EigenLayer has moved to respond to recent controversies surrounding the company’s claims of Eigen Labs employee misconduct in the case of cryptocurrency airdrops.
Read more: Eigen Labs Acquires Rio Network to Enhance EigenLayer Ecosystem
EigenLayer Airdrop Allegation Faces Scrutiny Over Eigen Labs Employee
The uproar resulted from a CoinDesk report that Eigen Labs employees received airdropped tokens from projects within the EigenLayer ecosystem. According to the report, Eigen Labs is alleged to have shared wallet addresses belonging to its employees with several such projects seeking to carry out these airdrops, a potential conflict of interest.
The airdrops, totalling around $5 million, were initially seen as gestures of appreciation. However, they have raised questions about the transparency of EigenLayer’s operations.
Company Denies Bribery Claims Amidst Controversy
EigenLayer reacted fast to protect itself, debunking claims of bribery or any other wrongdoing. The project has maintained that there is no evidence to prove that employees pressured teams to unfairly benefit Eigen Labs.
The company explained that listing employee wallets at Eigen Labs is done for token bonuses, in appreciation of their efforts on the token listings, and has since instituted measures to ensure not to give the slightest impression of impropriety.
EigenLayer is a project famous for its ingenuity in securing Ethereum‘s validator network through restaking. Since going live, the progress has been enormous: it has onboarded over $100 million in venture capital and hit over $10 billion in TVL within a year alone.
Author Harold
With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.
Related Posts
Telegram In-app Browser Launched, Supports Web3 Decentralized TON Sites Marathon Digital Bitcoin Investment Continues To Be Bolstered With $250M Convertible Notes How To Buy Solana Meme Coins: The Right Options For You IRS Crypto Tax Draft Form Released to Aid Reporting of Digital Asset Transactions MetaMask Blockchain Debit Card Launched With Layer 2 Linea Support Japan’s Nikkei Drop 14%: Worst One-Day Plunge Since 1987! Crypto Executives Meeting with White House Takes Place to Promote New Law Silk Road Bitcoin Worth $600 Million Moved to New Wallet by US Government
Eigen Labs Employee Accused of Pressuring Projects, EigenLayer Immediately Denies
Key Points:
EigenLayer refutes claims of improper influence by Eigen Labs employees regarding airdropped tokens.
Eigen Labs employees have been banned from participating in airdrops to prevent conflicts of interest.
EigenLayer has moved to respond to recent controversies surrounding the company’s claims of Eigen Labs employee misconduct in the case of cryptocurrency airdrops.
Read more: Eigen Labs Acquires Rio Network to Enhance EigenLayer Ecosystem
EigenLayer Airdrop Allegation Faces Scrutiny Over Eigen Labs Employee
The uproar resulted from a CoinDesk report that Eigen Labs employees received airdropped tokens from projects within the EigenLayer ecosystem. According to the report, Eigen Labs is alleged to have shared wallet addresses belonging to its employees with several such projects seeking to carry out these airdrops, a potential conflict of interest.
The airdrops, totalling around $5 million, were initially seen as gestures of appreciation. However, they have raised questions about the transparency of EigenLayer’s operations.
Company Denies Bribery Claims Amidst Controversy
EigenLayer reacted fast to protect itself, debunking claims of bribery or any other wrongdoing. The project has maintained that there is no evidence to prove that employees pressured teams to unfairly benefit Eigen Labs.
The company explained that listing employee wallets at Eigen Labs is done for token bonuses, in appreciation of their efforts on the token listings, and has since instituted measures to ensure not to give the slightest impression of impropriety.
EigenLayer is a project famous for its ingenuity in securing Ethereum‘s validator network through restaking. Since going live, the progress has been enormous: it has onboarded over $100 million in venture capital and hit over $10 billion in TVL within a year alone.
Visited 10 times, 10 visit(s) today
Other Posts
Related Posts
- 2 hours ago 2 mins
Bitcoin ETF Investment Is Getting Interested From Wall Street
Casino Reviews
- 340 days ago 49 mins
Top Bitcoin Casino Sites In 2024
Casino Reviews
- 340 days ago 19 mins
Top Bitcoin Gambling Sites In 2024
Uncategorized
- 465 days ago 11 mins
Top 5 Gambling Projects Will Offer You The Most Attractive Benefits
- 2 hours ago 2 mins
Binance in India Now Approved to Resume Operations
Knowledge
- 216 days ago 12 mins
Crypto To Crypto Converter: Detailed Guide For Beginners And Important Notes
- 1 hours ago 2 mins
Casino Reviews
- 300 days ago 13 mins
Best Tether Casino Sites With USDT Bonuses 2024
24h 7D 30D Trending
- 1 days ago 2 mins
Grass Token Airdrop Eligibility Will Be Determined Through Epoch 7 Snapshot
- 1 days ago 2 mins
Morgan Stanley Bitcoin ETF Investment Was Revealed With $188M in IBIT
- 13 hours ago 2 mins
NYSE Now Withdrew Bitcoin ETF Options and Commodity Trusts Proposal
- 15 hours ago 2 mins
Arthur Hayes’ Wallet Reaches $2.84M in Aethir ATH!
- 2 hours ago 2 mins
Bitcoin ETF Investment Is Getting Interested From Wall Street
- 3 days ago 3 mins
Kamala Harris Proposes 28% Crypto Tax Rate For Wealthy Fairness: BBG
- 7 days ago 2 mins
OKX CEO Warns: Tornado Cash Users Risk Immediate Account Liquidation!
- 2 days ago 3 mins
- 4 days ago 2 mins
Ethereum Gas Fees Plummet to 5-Year Low!
- 7 days ago 3 mins
Crypto Executives Meeting with White House Takes Place to Promote New Law
Press Releases
- 28 days ago 3 mins
PlayDoge ICO Raises $5.7 Million: Analyzing Why Investors Are Taking Notice
Market
- 11 days ago 3 mins
Bitcoin Price Crashes By 22% Amid Market Turmoil and Seized Assets
- 12 days ago 2 mins
The Strategic Bitcoin Reserve Bill Is Now Officially Announced With Positive Community Response
- 24 days ago 3 mins
Press Releases
- 7 days ago 3 mins
Latest
view more
- 32 mins ago 2 mins
32 mins ago
16 Aug
Eigen Labs Employee Accused of Pressuring Projects, EigenLayer Immediately Denies August 16, 2024
- 1 hours ago 2 mins
1 hours ago
16 Aug
Nasdaq Now Withdraws Bitcoin ETF Options Proposals Amid Skepticism Over SEC Approval August 16, 2024
- 2 hours ago 2 mins
2 hours ago
16 Aug
Bitcoin ETF Investment Is Getting Interested From Wall Street August 16, 2024
TOP Casino Projects
view more
Press Release
view more
- 9 hours ago 3 mins
9 hours ago
15 Aug
Unlocking Potential: Why RECQ is the Smart Investment for Long-Term Growth
- 17 hours ago 4 mins
17 hours ago
15 Aug
Cellula Introduces Programmable Incentive Layer to Gamify Asset Issuance
- 17 hours ago 2 mins
17 hours ago
15 Aug
Cryptogram Launches New Blockchain Platform to Democratize Financial Freedom
Key Points:
EigenLayer refutes claims of improper influence by Eigen Labs employees regarding airdropped tokens.
Eigen Labs employees have been banned from participating in airdrops to prevent conflicts of interest.
EigenLayer has moved to respond to recent controversies surrounding the company’s claims of Eigen Labs employee misconduct in the case of cryptocurrency airdrops.
Read more: Eigen Labs Acquires Rio Network to Enhance EigenLayer Ecosystem
EigenLayer Airdrop Allegation Faces Scrutiny Over Eigen Labs Employee
The uproar resulted from a CoinDesk report that Eigen Labs employees received airdropped tokens from projects within the EigenLayer ecosystem. According to the report, Eigen Labs is alleged to have shared wallet addresses belonging to its employees with several such projects seeking to carry out these airdrops, a potential conflict of interest.
The airdrops, totalling around $5 million, were initially seen as gestures of appreciation. However, they have raised questions about the transparency of EigenLayer’s operations.
Company Denies Bribery Claims Amidst Controversy
EigenLayer reacted fast to protect itself, debunking claims of bribery or any other wrongdoing. The project has maintained that there is no evidence to prove that employees pressured teams to unfairly benefit Eigen Labs.
The company explained that listing employee wallets at Eigen Labs is done for token bonuses, in appreciation of their efforts on the token listings, and has since instituted measures to ensure not to give the slightest impression of impropriety.
EigenLayer is a project famous for its ingenuity in securing Ethereum‘s validator network through restaking. Since going live, the progress has been enormous: it has onboarded over $100 million in venture capital and hit over $10 billion in TVL within a year alone.
Visited 10 times, 10 visit(s) today