According to Golden Finance, Tenet, a re-staking public chain, said that it has established a strategic partnership with the LSD protocol unshETH. The collaboration underscores the mutual commitment to building a decentralized framework within the LSDfi space, leveraging various LSDs to enhance the robustness of the platform and empower users.

According to PANews on August 8, according to official Twitter, the LSDFi protocol unshETH announced the completion of a $3.3 million seed round of financing, Soma Capital, ICONIQ Growth, The LAO, Backend Capital, Electric Feel Entertainment & Ventures, MH Ventures, 300DAO, Fan Zhang ( Sequoia China), Ross Lipson, 922 Capital, Electric Ant, Epakon Capital, and Fan Zhang (Sequoia China), Jai Prasad, Ross Lipson, Marty Hu, Kevin Li, Ejaaz Alhamamadeen participated in the investment. The new funds will be used to accelerate development work on unshETH. It is reported that unshETH is an LSD protocol that uses an incentive mechanism to optimize the decentralization of verifiers. It provides solutions through two innovative products: verifier decentralized mining (vdMining) and verifier dominance options (VDO).

Odaily Planet Daily News LSD protocol unshETH announced the completion of a $3.3 million seed round of financing, with participation from Soma Capital, ICONIQ Growth, The LAO, Backend Capital, Electric Feel Entertainment & Ventures, MH Ventures, 300DAO, and Jai Prasad.

Jinse Finance reported that unshETH, a decentralized financial agreement aimed at reshaping the emerging liquidity staking industry, has completed a seed round investment of US$3.3 million. This round of financing has received substantial support from Soma Capital, MH Ventures and ICONIQ Capital. The seed round investment Participants also include EFENT, 922 Capital, Electric Ant, Backend Capital, The LAO, etc. It is reported that unshETH has developed a novel DeFi primitive to promote competition between ETH liquid pledge protocols to promote the decentralization of verifiers. The funds will be used to accelerate the development of unshETH, with the ultimate goal of providing users with better Liquid staking experience.

According to PANews news on June 2, the LSDFi protocol unshETH tweeted that the hacker has decided to return the ownership of the contract, but there are still about $375,000 in funds that have not been returned. Return the remaining funds to the designated address before :00. In addition, unshETH also stated that if the hackers do not return the funds by the deadline, law enforcement action will be taken. According to yesterday's news, unshETH responded to the security incident on the evening of May 31, saying that the private key for contract deployment was leaked, and it has urgently suspended withdrawals and contacted hackers.

Odaily Planet Daily News According to a number of KOL tweets, there is a security problem in the vault of the LSDFi project unshETH, reminding users to transfer funds out. The reason is that the contract owner has been tampered with. The project official has been notified, but the official has not yet responded. The data on the chain shows that its contract owner has been converted.