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dYdX Community Votes to Stake $61M in DYDX Tokens for Enhanced Security

dYdX Community Votes to Stake $61M in DYDX Tokens for Enhanced Security

The dYdX community overwhelmingly approved a proposal to stake 20 million DYDX tokens with Stride to boost the protocol's security as DEX activities rise.

Tim Beiko announced Shapella upgrade

Tim Beiko announced Shapella upgrade

Full and partial validator withdrawals alter the consensus layer.

Gemini Launches Crypto Staking Service in US, Singapore, Hong Kong

Gemini Launches Crypto Staking Service in US, Singapore, Hong Kong

Gemini said users can start staking MATIC on the Polygon network. The exchange stated that plans to support Ethereum, Solana, Polkadot, and Audius will be launched next month.

Slim Odds of Slashing and Best Practices to Avoid it

Slim Odds of Slashing and Best Practices to Avoid it

According to Ethereum core developer Superphiz, just 0.04% of ETH-staking validators have been eliminated.

Uniswap DEX Launches UNI Governance Token

Uniswap DEX Launches UNI Governance Token

Uniswap, the decentralized exchange platform, and the on-chain market maker has launched its own governance token called Uni.

Fantom Foundation Lowers Staking Threshold to 50,000 FTM

Fantom Foundation Lowers Staking Threshold to 50,000 FTM

Fantom Foundation has reduced its validator staking requirement from 500,000 FTM to 50,000 FTM, aiming to boost network security and accessibility, following a June 2023 governance vote.

Kraken Agrees to Cease Staking Services for U.S. Clients

Kraken Agrees to Cease Staking Services for U.S. Clients

Kraken settled with the SEC by ending its staking program and paying $30 million in disgorgement, prejudgment interest, and civil penalties.

Ethereum Supply Slowed after ‘the Merge,’ Will It Drive Investment Narrative?

Ethereum Supply Slowed after ‘the Merge,’ Will It Drive Investment Narrative?

Ether might become deflationary when the coins from block subsidy are lower than those burned. Also, ETH will become a deflationary asset when more people transact with the coin than those who stake it.

The University of Wyoming Commits $4M to a Staking Program

The University of Wyoming Commits $4M to a Staking Program

The University of Wyoming has reportedly committed funds to a staking pool for three different cryptocurrencies.

10% of Ethereum Supply Staked in ETH 2.0 in Anticipation of The Merge

10% of Ethereum Supply Staked in ETH 2.0 in Anticipation of The Merge

Ethereum 2.0, which was recently renamed the consensus layer, continues to gain steam because 12,059,714 ETH has been staked in this deposit contract.

Shapella Upgrade, Privacy Concerns, Hacks, and Financial Inclusion

Shapella Upgrade, Privacy Concerns, Hacks, and Financial Inclusion

The DeFi space had a busy week with the successful completion of the Shapella upgrade on Ethereum, concerns over privacy related to staking, a major DeFi hack, and a partnership between Fonbnk and Tanda to increase financial inclusion in Africa. The top 100 DeFi tokens had a bullish week, and Glassnode predicted only a small percentage of staked ETH would be withdrawn.

LidoDAO is considering selling or staking its $30 million

LidoDAO is considering selling or staking its $30 million

LidoDAO, the decentralized autonomous organization behind Lido, is considering staking or selling its $30 million ETH treasury to meet unexpected market swings.

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