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MahaDAO Shares Details of Staking Program That Delivers 40% APY

MahaDAO Shares Details of Staking Program That Delivers 40% APY

MahaDAO, the crypto collateralization and valuecoin minting protocol, is to launch a staking program for its native governance token. Holders of MAHA, which was issued to the community in an Initial DEX Offering (IDO) last week, will be able to stake their assets for a 90-day period and earn a yield of close to 40%.

IOTA Foundation Releases Testnet of Fully Decentralized Network Pollen

IOTA Foundation Releases Testnet of Fully Decentralized Network Pollen

The IOTA Foundation, a non-profit organization focused on blockchain and open-source development has announced the launch of its testnet of a fully decentralized network, Pollen.

Ethereum Gains $10M Investment as 20% of ETH 2.0 Target Staked, Vitalik Buterin Discusses Expectations

Ethereum Gains $10M Investment as 20% of ETH 2.0 Target Staked, Vitalik Buterin Discusses Expectations

With just a week and a half to go before Ethereum 2.0’s launch, the number of staked Ether (ETH) have been growing slowly, recently just topping 100,000.

With Recent $9.5 million Offering BTCS Gains Institutional Investor Interest

With Recent $9.5 million Offering BTCS Gains Institutional Investor Interest

BTCS, a digital asset blockchain technology-focused company, recently closed an institutional investor-backed $9.5 million financing comprised of 9,500,000 shares of its common stock and common stock warrants to purchase up to 7,125,000 shares of common stock at a combined purchase price of $1.00 per share in a registered direct offering.

Ethereum’s Medalla Experiences Critical Bug, but Prysmatic Labs Says ETH 2.0 Launch Is Unaffected

Ethereum’s Medalla Experiences Critical Bug, but Prysmatic Labs Says ETH 2.0 Launch Is Unaffected

One of the top client teams staking on Ethereum 2.0 testnet announced that the crash that recently occurred was a learning experience and was salvaged.

Ethereum Founder Vitalik Buterin Says Layer 2 Scaling Solution Has ‘Basically’ Succeeded

Ethereum Founder Vitalik Buterin Says Layer 2 Scaling Solution Has ‘Basically’ Succeeded

Ethereum has been seeing an upward trend, and demand may increase further in anticipation of the upcoming ETH 2.0 update expected in Q3 2020. Ethereum is scheduled to undergo a major change of its consensus mechanism, transitioning from proof-of-work (PoW) to proof-of-stake (PoS). Ethereum has been expecting its scaling to occur for some time, and according to Ethereum’s creator, Vitalik Buterin, it could already be happening. Vitalik Buterin recently tweeted that the Ethereum blockchain network’s “layer 2 strategy has basically succeeded.”

Bitcoin Gets an A, EOS Gets an F in Latest Blockchain Report

Bitcoin Gets an A, EOS Gets an F in Latest Blockchain Report

Coin Metrics, the research and analytics firm, have ranked the top ten blockchain networks through a multi-variate analysis. The results may surprise many in the community as popular developer chain Ethereum was a awarded a mere B classification while popular chains EOS and Binance Chain took positions at the bottom of the list with an F grade.

Cardano Breaks Correlation with Bitcoin Price with Recent Partnership with Coinbase and Shelley Mainnet Launch

Cardano Breaks Correlation with Bitcoin Price with Recent Partnership with Coinbase and Shelley Mainnet Launch

Cardano recently partnered with Coinbase Custody to allow ADA holders to stake and store their funds in a secure cold wallet. The launch is expected in Q4 of 2020, once the staking rewards on Cardano’s Shelley mainnet becomes available.

Members of Congress Ask IRS for Relaxed Approach to Crypto Staking Taxes

Members of Congress Ask IRS for Relaxed Approach to Crypto Staking Taxes

Innovation friendly members of United States Congress have written to the IRS request a level-headed approach to tax on cryptocurrency staking rewards.

Russia’s E-Voting Blockchain Platform Attacked

Russia’s E-Voting Blockchain Platform Attacked

Russia’s blockchain e-voting platform for Vladimir Putin’s proposed Constitutional amendments reportedly suffered a node attack last weekend. The proposal is passed will allow Putin to serve as President until 2036.

US Congress Reveals most Countries Fail to Tax Staked Crypto, Will This be Resolved as Ethereum Launches Staking?

US Congress Reveals most Countries Fail to Tax Staked Crypto, Will This be Resolved as Ethereum Launches Staking?

Taxation for cryptocurrencies differ from one country to another and most have yet to provide clear guidelines on how to tax staked crypto.

Tezos Looks Set to Beat Bitcoin In 2020

Tezos Looks Set to Beat Bitcoin In 2020

Minor cryptocurrency Tezos is making serious gains and is on track to rival bitcoin this year.

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