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Understanding Staking: Securing Blockchains and Earning Rewards

Understanding Staking: Securing Blockchains and Earning Rewards

Explore how staking enhances blockchain security and generates rewards, with insights on Proof-of-Stake mechanisms and their role in the digital economy.

OKX Introduces Auto Earn for Polkadot (DOT) and TRON (TRX)

OKX Introduces Auto Earn for Polkadot (DOT) and TRON (TRX)

OKX has launched Auto Earn for DOT and TRX, allowing users to earn interest through automated staking while maintaining trading flexibility.

Hayabusa: Redefining Staking Economics on VeChainThor

Hayabusa: Redefining Staking Economics on VeChainThor

VeChain introduces Hayabusa, a revamped staking model rewarding active network participation. Learn how it impacts VET holders and the role of VTHO in the ecosystem.

US IRS to Refund Taxes on Staked Tezos to Tennessee Couple

US IRS to Refund Taxes on Staked Tezos to Tennessee Couple

The United States Internal Revenue Service (IRS) is set to refund a Nashville, Tennessee couple, Joshua and Jessica Jarrett the sum of $3,293 being tax payment on 8,876 Tezos (XTZ) coins earned as staking reward by the duo.

What the U.S. Congress Decides on Crypto Will Ultimately Overstepping their authority

What the U.S. Congress Decides on Crypto Will Ultimately Overstepping their authority

Jake Chervinsky, the Blockchain Association's chief policy officer, criticized the SEC's enforcement-based regulation and urged Congress to regulate the sector.

Gemini Launches ETH & MATIC Staking Services in Switzerland and Turkey Amidst U.S Regulatory Crackdown on Crypto Staking

Gemini Launches ETH & MATIC Staking Services in Switzerland and Turkey Amidst U.S Regulatory Crackdown on Crypto Staking

Crypto exchange Gemini has announced the expansion of its staking services to users in Switzerland and Turkey. The development comes at a time when United States-based exchanges face regulatory hurdles with the Securities and Exchange Commission (SEC) regarding similar services.

EigenLayer Restaking Protocol Launches on Ethereum Mainnet, Unlocking Delegation and Security Expansion

EigenLayer Restaking Protocol Launches on Ethereum Mainnet, Unlocking Delegation and Security Expansion

EigenLayer, an Ethereum restaking protocol, has launched, enabling restakers to delegate stakes to operators, promoting decentralized innovation and lowering entry barriers for new blockchain projects.

Sygnum Bank Becomes the First Bank to Provide ETH 2.0 Pledge Service

Sygnum Bank Becomes the First Bank to Provide ETH 2.0 Pledge Service

The world's first digital asset bank Sygnum Bank announced to be the first bank to accept the pledge of Ethereum 2.0 from its customers.

Ethereum Founder Vitalik Buterin Proposes Tweaks to Improve Decentralization and Reduce Consensus Overhead

Ethereum Founder Vitalik Buterin Proposes Tweaks to Improve Decentralization and Reduce Consensus Overhead

Vitalik Buterin, the founder of Ethereum, has proposed changes to the network's staking model aimed at improving decentralization and reducing the consensus layer's computational burden. The proposal includes the introduction of a two-tiered staking system involving node operators and delegators. Buterin suggests that these changes could significantly reduce the number of signatures required for consensus, thereby making it easier for more people to participate in the network's validation process.

Philcoin Rolls Out Staking Program for Donating Charity

Philcoin Rolls Out Staking Program for Donating Charity

To change the way of charity, Philcoin has established a staking mechanism that will enable users to donate part of their earnings to a charity of their choice within PHILApp.

Lido Finance Halts Operations on Solana Following Community Consensus

Lido Finance Halts Operations on Solana Following Community Consensus

Lido Finance is discontinuing its operations on Solana blockchain following a community consensus within its DAO. The decision, revealed on October 16, 2023, comes after a proposal highlighting the unsustainable financials of Lido on Solana. Despite this cessation, Lido expresses continued optimism for Solana's ecosystem.

Metis Launches Decentralized Liquid Staking in Layer 2 Revolution

Metis Launches Decentralized Liquid Staking in Layer 2 Revolution

Metis is launching the Liquid Staking Blitz, a decentralized sequencer initiative, to boost the growth of Liquid Staking Derivatives within its ecosystem, enhancing network security and governance.

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