Sybil attack concerns spark controversy for EtherFi airdropped ETHFI token

Liquid restaking platform EtherFi’s ETHFI token has faced considerable struggles since its airdrop, partly due to one of its early investors selling their airdropped tokens. Blockchain analytical firm Nansen reported how Arrington XRP Capital, one of EtherFi’s investors, allegedly may have gamed EtherFi’s airdrop process for personal profit. Arrington ‘sybils’ EtherFi Nansen’s findings reveal that Arrington […]

The post Sybil attack concerns spark controversy for EtherFi airdropped ETHFI token appeared first on CryptoSlate.

View Details

Decentralized Staking Dilemma: OpenSea Halts Transactions, EtherFi In Limbo

EtherFi, the decentralized liquid staking platform, recently encountered a major setback when OpenSea, the renowned NFT marketplace, implemented a sudden halt on all transactions involving staked Ethereum NFTs. To add to the mystery, OpenSea also inexplicably removed all pending orders related to these transactions. EtherFi e­xpressed their frustration and confusion in an ope­n letter addresse­d to OpenSea […]

View Details