Category: staking
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SSV Labs proposes decentralized staking module for Lido on Ethereum
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March 4, 2:40 pm UTC): This article has been updated to include information about the role of Clusterform in submitting the proposal. Clusterform, an independent subsidiary of SSV LABS, suggested a new LIDO discount unit, aimed at expanding the scope of the knots who can use the Lido Protocol in…
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Grayscale’s Ethereum ETF On The Brink Of Major Change With NYSE’s Staking Proposal
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Shares exchange in New York (NYSE) Present Change a proposal base aimed at allowing Ethereum Trust (ETHE) and Grayscale Ethereum Mini Trust (EZET) with the participation of ETH holdings. This proposal is especially noticed because it seeks to enable the boxes to earn bonuses on the ETH Stapled while ensuring…
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Lido Spikes 20% Following Kraken’s Staking Relaunch In Select US States
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Ash is a researcher who specializes in encryption and Blockchain lovers with a deep diving passion in the world of decentralized decentralized technologies. With a background in writing and natural curiosity how to form digital assets in the future, he was immersed in different sectors of the coil currency area,…
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Meme Index Presale Hits $2.5M , Offers 901% Staking APY
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As its inauguration date approaches on January 20, Bitcoin is making waves in the markets, reflecting the renewed optimism in the cryptocurrency space as a whole. This positive sentiment extends to the meme sector, where $MEMEX has captured attention with its pre-sales reaching $2.5 million. If you’re looking to diversify…
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Solana Co-Founder Faces Legal Heat From Ex-Spouse Over Millions In Staking Profits
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Solana co-founder Stephen Akridge is being sued for allegedly manipulating and taking millions of dollars from his ex-wife’s bonuses. Elisa Rossi The case was filed in San Francisco Superior Court, alleging that Akridge used his technical knowledge of digital assets and blockchain to extract profits from her Solana properties. Stake…
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Crypto Staking Classified As Taxable By IRS Amid Legal Dispute
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The US tax regulator, the Internal Revenue Service (IRS), has reaffirmed its position on cryptocurrency staking, clarifying that rewards generated from staking activities are subject to tax once they are received. The IRS added that staking bonuses do not constitute new property and are therefore subject to immediate taxes upon…
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Ethereum’s Staking Weekly Net Inflows Increased Sharply, What’s Behind The Surge?
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Interest in Ethereum, the second-largest cryptocurrency asset, is once again gaining momentum among retail and institutional investors, as evidenced by the strong increase in its net stake flows in the past week combined with recent improvements in the price of ETH. Continued growth in net inflows into Ethereum And in…
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Ethereum Fundamentals Hint At Upside Potential As Staking Hits 29% High
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Ethereum is going through a critical phase after failing to breach the $2,500 level yesterday, leaving investors unsure about its next move. As the broader cryptocurrency market expects a rally, Ethereum traders are closely monitoring signs of strength within the network. Despite recent price struggles, there are promising signs from…
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Crypto staking platform Bedrock exploited via a bug, users can swap 1 ETH for 1 BTC
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Bedrock staking protocol confirmed that their platform was compromised by a bug involving uniBTC, allowing users to exchange uniBTC for ETH token. Bedrock announced through an X post on September 27 that they are aware of the security breach and that their team is currently “addressing” the issue. They also…
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Crypto staking platform Bedrock exploited via a bug, users can swap 1 ETH for 1 BTC
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Bedrock staking protocol confirmed that their platform was compromised by a bug involving uniBTC, allowing users to exchange uniBTC for ETH token. Bedrock announced through an X post on September 27 that they are aware of the security breach and that their team is currently “addressing” the issue. They also…
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Starknet announces first phase of staking
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Starknet has begun the first phase of caching as it moves towards becoming a fully decentralized caching proof network. On September 25, the Zero Knowledge Accumulation Layer 2 Network announced that the Starknet (STRK) staking process had begun. The platform also confirmed that staking on the Layer 2 network would…
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Starknet announces first phase of staking
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Starknet has begun the first phase of caching as it moves towards becoming a fully decentralized caching proof network. On September 25, the Zero Knowledge Accumulation Layer 2 Network announced that the Starknet (STRK) staking process had begun. The platform also confirmed that staking on the Layer 2 network would…
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Best crypto staking platforms
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Cryptocurrency storage platforms have become more and more popular in recent years, with the total value of crypto assets stored increasing by about 1,100% from 2020 to 2023. This article will list the best cryptocurrency trading platforms in 2024 as well as how to use them. Let’s get started! What…
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Best crypto staking platforms
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Cryptocurrency storage platforms have become more and more popular in recent years, with the total value of crypto assets stored increasing by about 1,100% from 2020 to 2023. This article will list the best cryptocurrency trading platforms in 2024 as well as how to use them. Let’s get started! What…
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UK-based Copper adds custody, staking support for MINA
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Digital asset custody and collateral management provider Copper now offers custody and storage support for the Mina protocol. Cooper.co It was announced Bitcoin announced its support for the Mina protocol on August 21, noting that supporting the zero-knowledge blockchain platform’s native token expands digital asset options for institutional investors. The…
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UK-based Copper adds custody, staking support for MINA
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Digital asset custody and collateral management provider Copper now offers custody and storage support for the Mina protocol. Cooper.co It was announced Bitcoin announced its support for the Mina protocol on August 21, noting that supporting the zero-knowledge blockchain platform’s native token expands digital asset options for institutional investors. The…
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Is Ethereum Poised for Inflation? Supply Reaches New High as Staking Takes Off
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While Ethereum has not been completely consistent in its upward trajectory over the past few weeks, its circulating supply has done the opposite. According to Data From Ultrasoundmoney, the circulating supply of ETH has increased to over 120.72 million ETH as of today. While this increase in supply is not…
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Is Ethereum Poised for Inflation? Supply Reaches New High as Staking Takes Off
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While Ethereum has not been completely consistent in its upward trajectory over the past few weeks, its circulating supply has done the opposite. According to Data From Ultrasoundmoney, the circulating supply of ETH has increased to over 120.72 million ETH as of today. While this increase in supply is not…
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Shiba Inu Reveals Liquid Staking Launch Date
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Shiba Inu’s Chief Marketing Officer Lucy (@LucieSHIB) announced the official launch date for Liquid Staking on the Shibarium network on Thursday. The announcement was made via a video posted on X on August 15, marking a pivotal moment for the project. Lucy celebrated the development team’s progress, saying: “Let’s give…
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Shiba Inu Reveals Liquid Staking Launch Date
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Shiba Inu’s Chief Marketing Officer Lucy (@LucieSHIB) announced the official launch date for Liquid Staking on the Shibarium network on Thursday. The announcement was made via a video posted on X on August 15, marking a pivotal moment for the project. Lucy celebrated the development team’s progress, saying: “Let’s give…