CoinDesk Weekly Recap: EigenLayer, Kraken, Coinbase, AWS

This week in crypto was relatively stable, with Bitcoin holding steady around $84k, while the CoinDesk 20 index rose about 4%. A technical issue at AWS caused disruptions across the crypto space, highlighting its vulnerabilities. Mantra's project saw a staggering 90% decline in value due to alleged forced liquidations. EigenLayer introduced a security feature amid other developments, including OKX's expansion in California after a settlement with the SEC. Meanwhile, Kraken laid off hundreds of staff in preparation for an IPO, and Coinbase faced scrutiny over a front-running controversy. Overall, it was a week of ups and downs but not much historic change. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: CoinDesk