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Kraken’s Ethereum 2.0 Staking Service Is a Success, With More Than 100,000 ETH Secured

Kraken’s Ethereum 2.0 Staking Service Is a Success, With More Than 100,000 ETH Secured

US-based Kraken has been among the crypto exchanges that has welcomed Ethereum 2.0 staking with open arms.

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%.

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.

Thai SEC Bars Crypto Staking & Lender Services after Zipmex’s Bankruptcy

Thai SEC Bars Crypto Staking & Lender Services after Zipmex’s Bankruptcy

Thai regulator has banned digital asset operators from offering crypto depository services that pay returns to depositors to protect traders and the public from service providers’ business risks.

IOHK Chief Scientist Discusses the Advantages of Cardano's Rewards Sharing Scheme

IOHK Chief Scientist Discusses the Advantages of Cardano's Rewards Sharing Scheme

Chief Scientist of IOHK and Cardano project owner Aggelos Kiayias thinks that decentralization may be Cardano's most important goal.

Vitalik Buterin Explores Ethereum Protocol Enhancement Strategies

Vitalik Buterin Explores Ethereum Protocol Enhancement Strategies

Ethereum's co-founder, Vitalik Buterin, reflects on Ethereum's protocol enhancement strategies in a recent blog post, weighing the merits of a minimalistic approach versus enshrining more features into the core protocol to address various user needs and system efficiencies. The discussion encompasses account abstraction challenges, the shift towards enshrinement, and the exploration of specific enshrinement targets like ZK-EVMs, proposer-builder separation, private mempools, liquid staking, and precompiles.

Binance to Launche Pixels (PIXEL) on Launchpool

Binance to Launche Pixels (PIXEL) on Launchpool

Binance announces the launch of Pixels (PIXEL) on its Launchpool, a social web3 game on the Ronin Network, offering BNB and FDUSD holders a unique opportunity to farm PIXEL tokens before its trading debut.

Thailand SEC Considers Ban on Crypto Staking and Lending

Thailand SEC Considers Ban on Crypto Staking and Lending

Thailand's SEC is seeking public comments on a draft regulation that would ban virtual asset service providers from offering or engaging in any crypto staking or lending activities.

Portal Debuts on Binance Launchpool for BNB and FDUSD Farming

Portal Debuts on Binance Launchpool for BNB and FDUSD Farming

Binance Launchpool has added cross-chain gaming startup Portal for a new farming event. Users can earn PORTAL tokens by staking BNB and FDUSD over 7 days starting February 22nd. PORTAL will then list on Binance against major trading pairs.

Binance Introduces OM Locked Staking with up to 19.9% APR

Binance Introduces OM Locked Staking with up to 19.9% APR

Binance launches OM Locked Staking, offering high APR of up to 19.9% to users.

OKX Announces Notcoin (NOT) Addition to Jumpstart Mining

OKX Announces Notcoin (NOT) Addition to Jumpstart Mining

OKX introduces Notcoin (NOT) to its Jumpstart Mining from 13th May, allowing TON holders to stake tokens and earn NOT in return.

Robinhood Crypto Launches Staking and Localized Apps for European Market

Robinhood Crypto Launches Staking and Localized Apps for European Market

Robinhood Crypto introduces localized apps, staking, and updated Learn & Earn modules for European customers, strengthening its foothold in the region.

Ethereum (ETH) Ecosystem Evolves: Staking, DeFi, and Derivative Markets

Ethereum (ETH) Ecosystem Evolves: Staking, DeFi, and Derivative Markets

Insights from the Coinbase x Glassnode Q2 report about the evolution of Ethereum's Ecosystem.

Wormhole Introduces Governance Staking: A Comprehensive Guide

Wormhole Introduces Governance Staking: A Comprehensive Guide

Wormhole reveals its governance staking mechanism for W token holders.

DeStore Highlights Success with Astar(ASTR) dApp Staking Program

DeStore Highlights Success with Astar(ASTR) dApp Staking Program

DeStore shares insights on Astar's dApp staking program and the future of tokenized assets.

Mask Network Introduces Staking Season 1 for $MASK Token Holders

Mask Network Introduces Staking Season 1 for $MASK Token Holders

Mask Network announces the launch of its first staking program.

Astar (ASTR) Network Releases Comprehensive dApp Staking v3 User Guide

Astar (ASTR) Network Releases Comprehensive dApp Staking v3 User Guide

Astar Network unveils detailed guide for dApp Staking v3, covering staking, rewards, and token management.

Understanding stBNB: Liquid Staking with BNB on BNB Chain

Understanding stBNB: Liquid Staking with BNB on BNB Chain

Explore stBNB and its role in liquid staking within the BNB Chain ecosystem.

Understanding LSD BNB: Enhancing Liquidity and Flexibility with BNB Staking

Understanding LSD BNB: Enhancing Liquidity and Flexibility with BNB Staking

Learn about LSD BNB and its role in liquid staking within the BNB ecosystem.

Golem Network Initiates ETH Staking Tests to Support Ecosystem Growth

Golem Network Initiates ETH Staking Tests to Support Ecosystem Growth

Golem Network begins ETH staking tests to bolster its decentralized computing platform and support the Ethereum ecosystem.

Staking BNB on ListaDAO: A Comprehensive Guide

Staking BNB on ListaDAO: A Comprehensive Guide

Learn how to stake BNB on ListaDAO with this detailed guide. Enhance your DeFi experience with liquid staking and maximize your earnings.

Understanding How to Stake on Tezos (XTZ) with the Paris Protocol Upgrade

Understanding How to Stake on Tezos (XTZ) with the Paris Protocol Upgrade

Learn about staking on Tezos (XTZ) post-Paris protocol upgrade. Discover different staking scenarios, their consequences, and how to get started.

Exploring the Growing Opportunities in BNB Staking

Exploring the Growing Opportunities in BNB Staking

BNB staking offers multiple opportunities, from native on-chain staking to MEV solutions and liquidity staking. Discover the latest developments in BNB Chain's ecosystem.

Binance Introduces New Limited-Time Offers for Earn Wednesday

Binance Introduces New Limited-Time Offers for Earn Wednesday

Binance unveils new offers every Wednesday for Simple Earn, ETH Staking, and Dual Investment, providing users with exclusive rewards.

EOS Network Introduces 250M EOS Staking Initiative

EOS Network Introduces 250M EOS Staking Initiative

The EOS Network Foundation has announced a new 250 million EOS staking program aimed at enhancing network participation and incentivizing ecosystem growth.

Astar Network (ASTR) and Binance Introduce Innovative Staking Mechanism

Astar Network (ASTR) and Binance Introduce Innovative Staking Mechanism

Astar Network partners with Binance to launch a unique staking mechanism, enhancing rewards for the Astar Community Treasury.

Exploring the Complexities of Staking on Ethereum

Exploring the Complexities of Staking on Ethereum

A comprehensive overview of Ethereum staking, covering types, risks, rewards, and future projections according to Galaxy.

Exploring the Complexities of Restaking: Risks and Rewards

Exploring the Complexities of Restaking: Risks and Rewards

Dive into the intricate world of restaking with a detailed analysis of its risks and rewards across Ethereum and Cosmos ecosystems.

EOS Network Foundation Unveils New Staking Rewards Structure

EOS Network Foundation Unveils New Staking Rewards Structure

The EOS Network Foundation (ENF) introduces transformative changes to EOS staking rewards under the leadership of Yves La Rose.

SSV Network Achieves Milestone with 1 Million ETH Staked Using DVT

SSV Network Achieves Milestone with 1 Million ETH Staked Using DVT

SSV Network has successfully staked 1 million ETH, highlighting its journey and key integrations since its permissionless launch.

Transitioning from Miners to Stakers: Securing the Ethereum (ETH) Blockchain

Transitioning from Miners to Stakers: Securing the Ethereum (ETH) Blockchain

Exploring the transition from mining to staking and its impact on securing the Ethereum (ETH) blockchain, according to Grayscale.

Binance Introduces New Limited-Time Offers for 'Earn Wednesday'

Binance Introduces New Limited-Time Offers for 'Earn Wednesday'

Binance announces 'Earn Wednesday,' offering new rewards across Simple Earn, ETH Staking, and Dual Investment every Wednesday.

Unlocking BNB Rewards: Utilizing Liquid Staking with slisBNB

Unlocking BNB Rewards: Utilizing Liquid Staking with slisBNB

Discover how liquid staking with slisBNB can enhance BNB rewards, improve fund utilization, and secure the BNB Chain network.

EigenDA Introduces Base Rewards Program to Enhance Staking Incentives

EigenDA Introduces Base Rewards Program to Enhance Staking Incentives

EigenDA launches its Base Rewards Program, aiming to reward stakers and operators with monthly ETH distributions, starting from August 13, 2024.

Staking and Liquid Staking on Sui: A Comprehensive Guide

Staking and Liquid Staking on Sui: A Comprehensive Guide

Learn how to stake and utilize liquid staking on the Sui network. Understand the process, benefits, and how to get started.

SSV Network and Ether.fi Launch Learn and Earn Campaign with $50K Prize Pool

SSV Network and Ether.fi Launch Learn and Earn Campaign with $50K Prize Pool

SSV Network and Ether.fi have partnered to launch a Learn and Earn campaign, offering participants a chance to win from a $50,000 prize pool by learning about DVT.

Binance Introduces Limited-Time Offers in Earn Wednesday Program

Binance Introduces Limited-Time Offers in Earn Wednesday Program

Binance announces new limited-time offers under its Earn Wednesday program, featuring rewards across Simple Earn, ETH Staking, SOL Staking, and Dual Investment.

Tezos (XTZ) Revolutionizes Staking with Enhanced Accessibility and High Rewards

Tezos (XTZ) Revolutionizes Staking with Enhanced Accessibility and High Rewards

Tezos (XTZ) leads the blockchain industry with its innovative staking model, offering unparalleled accessibility, security, flexibility, and high rewards.

Exploring the StakingRewards Contract on BitTorrent Chain (BTTC)

Exploring the StakingRewards Contract on BitTorrent Chain (BTTC)

Discover the functionalities of the StakingRewards contract on BTTC, enabling token staking and rewards. Dive into its key components, including state variables, events, and functions.

Binance Introduces Weekly 'Earn Wednesday' Offers for Crypto Enthusiasts

Binance Introduces Weekly 'Earn Wednesday' Offers for Crypto Enthusiasts

Binance launches 'Earn Wednesday' with new limited-time offers across Simple Earn, ETH Staking, SOL Staking, and Dual Investment. Discover more about these exciting opportunities.

Binance Web3 Wallet Enhances Yield Opportunities with 13 New Protocols and SOL Staking

Binance Web3 Wallet Enhances Yield Opportunities with 13 New Protocols and SOL Staking

Binance Web3 Wallet integrates 13 new protocols and introduces SOL staking, expanding yield opportunities for users.

Exploring the Growing Demand for Bitcoin (BTC) Staking in DeFi

Exploring the Growing Demand for Bitcoin (BTC) Staking in DeFi

Bitcoin staking is gaining traction as it allows BTC holders to earn rewards while participating in DeFi. Learn about the protocols enabling trustless Bitcoin staking.

Institutional Engagement and Staking Surge: Insights from Coinbase and Glassnode's Q4 Crypto Report

Institutional Engagement and Staking Surge: Insights from Coinbase and Glassnode's Q4 Crypto Report

Explore the latest trends in crypto markets, including Bitcoin ETFs, Ethereum staking, and stablecoins, as highlighted in Glassnode and Coinbase's Q4 report.

Binance's Earn Wednesday Unveils New Limited-Time Crypto Offers

Binance's Earn Wednesday Unveils New Limited-Time Crypto Offers

Binance introduces Earn Wednesday, offering new limited-time crypto investment opportunities, including ETH and SOL staking, Simple Earn, and Dual Investment products.

Binance Extends BNSOL APR Campaign, Offering Up to 10% APR for SOL Stakers

Binance Extends BNSOL APR Campaign, Offering Up to 10% APR for SOL Stakers

Binance has extended its BNSOL APR Boost Campaign, allowing SOL stakers to earn up to 10% APR. The extension is due to popular demand and aims to provide additional rewards.

Ethereum (ETH) Staking Threshold Reduction Sparks Decentralization Debate

Ethereum (ETH) Staking Threshold Reduction Sparks Decentralization Debate

Ethereum community discusses reducing staking threshold from 32 ETH to 1 ETH, potentially democratizing network participation and enhancing decentralization, according to Bitfinex.

Comparative Analysis of Staking Yields in Leading PoS Blockchains

Comparative Analysis of Staking Yields in Leading PoS Blockchains

Explore the varying staking yields and ratios across top Proof-of-Stake blockchains, including Cosmos, Polkadot, and Ethereum, as analyzed by CoinGecko.

Binance Introduces New Earn Wednesday Offers Featuring ETH and SOL Staking

Binance Introduces New Earn Wednesday Offers Featuring ETH and SOL Staking

Binance announces new Earn Wednesday offers, including ETH and SOL staking, with flexible and locked products available on a first-come, first-served basis.

Binance Launches New Earn Wednesday Offers Featuring ETH and SOL Staking

Binance Launches New Earn Wednesday Offers Featuring ETH and SOL Staking

Binance introduces Earn Wednesday, offering limited-time rewards across Simple Earn, ETH Staking, SOL Staking, and more. Discover flexible and locked products available on a first-come, first-served basis.

Binance Launches New Earn Wednesday Offers with Exciting Crypto Opportunities

Binance Launches New Earn Wednesday Offers with Exciting Crypto Opportunities

Binance introduces Earn Wednesday, offering limited-time crypto investment opportunities, including ETH and SOL staking, Dual Investment, and more. These offers are available on a first-come, first-served basis.

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.

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.

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.

Polygon Founder Announces POL: Massive Technical Upgrade to MATIC

Polygon Founder Announces POL: Massive Technical Upgrade to MATIC

Sandeep Nailwal introduces the POL token, a technical upgrade to Polygon's ecosystem, revolutionizing multi-chain staking and introducing a new era in token design.

Binance Labs Invests in nLRP Puffer for Enhanced Ethereum Staking

Binance Labs Invests in nLRP Puffer for Enhanced Ethereum Staking

Binance Labs, Puffer, Ethereum Staking, DeFi, Liquid Restaking, EigenLayer, Blockchain Innovation, Decentralization, Cryptocurrency Investment, DeFi Development

SEC Chair Gary Gensler Warns Crypto Companies

SEC Chair Gary Gensler Warns Crypto Companies

Kraken agreed to shut down its U.S. staking services and initiatives, but SEC chair Gary Gensler advised other businesses to “come in and respect the law.”

Polkadot Reports Q3 Growth: New Parachains, Staking Metrics, and Technical Upgrades

Polkadot Reports Q3 Growth: New Parachains, Staking Metrics, and Technical Upgrades

Polkadot's ecosystem saw significant expansion in Q3 2023, with the addition of five new parachains, a rise in staking metrics, and major technical upgrades. The total volume of staked DOT increased to 663 million, and the platform recorded more than 190 million on-chain events. The quarter also saw the introduction of native USDC and a 20% quarter-on-quarter rise in XCM messages.

StakingFarm's Innovative Approach to Simplified Crypto Staking

StakingFarm's Innovative Approach to Simplified Crypto Staking

StakingFarm simplifies Ethereum Liquid Staking with a 50$ welcome bonus, low entry thresholds, and proprietary LSD conversion, offering investment packages and 24/7 customer support.

Ethereum Liquid Restaking Drives DeFi TVL to $100B in Q1 2024

Ethereum Liquid Restaking Drives DeFi TVL to $100B in Q1 2024

DeFi TVL nearly doubled in Q1 2024, reaching $98 billion, partly due to Ethereum's liquid restaking initiatives. However, a recent crypto market pullback has led to a decline to $86.6 billion.

Ether.fi (ETHFI) Initiates Season 2 StakeRank with Enhanced Loyalty Rewards

Ether.fi (ETHFI) Initiates Season 2 StakeRank with Enhanced Loyalty Rewards

Ether.fi launches Season 2 StakeRank, offering boosted loyalty points for staking, with a 5% ETHFI token supply allocation and new conditions for participants.

InfStones aims to simplify ETH staking through Shappella upgrade

InfStones aims to simplify ETH staking through Shappella upgrade

InfStones is offering a new Ethereum validator service that allows users to launch validator nodes for staking with just a few clicks. The platform is targeting both users and institutional investors by providing a simpler way to stake their tokens, with the added benefit of being able to stake less than 32 ETH after the Shappella upgrade. However, there has been a slight decline in Ethereum staking deposits due to regulatory pressure and the upcoming upgrade.

Cosmos Hub Votes to Reduce ATOM Inflation Rate to 10%

Cosmos Hub Votes to Reduce ATOM Inflation Rate to 10%

Cosmos Hub proposes reducing ATOM inflation rate from 14% to 10%, lowering annual staking yield from 19% to 13.4%, optimizing security expenses and introducing a liquid staking module.

XRP staking scam

XRP staking scam

A phoney staking scheme is targeting XRP investors. XRP staking websites and emails have been faked. The swindle promises 12%–27% profits.

Coinbase One Unveils New Features Including Zero Trading Fees and Increased Staking Rewards

Coinbase One Unveils New Features Including Zero Trading Fees and Increased Staking Rewards

Coinbase, a leading cryptocurrency exchange, has announced significant updates to its premium membership service, Coinbase One.

Top 7 Staking Platforms in 2024: Earn Passive Income through Staking

Top 7 Staking Platforms in 2024: Earn Passive Income through Staking

One of the easiest ways to earn in the crypto space for 2024 when it comes to passive income is staking. It allows you to generate rewards within popular staking platforms while holding on to or "locking up" your digital assets.

Tetra Partners with Kiln to Enhance Staking Service Including Ethereum and Solana

Tetra Partners with Kiln to Enhance Staking Service Including Ethereum and Solana

Tetra Trust partners with Kiln to expand staking services on major PoS blockchains, including Ethereum and Solana, enhancing digital asset management in Canada.

Google Cloud Becomes Validator on Polygon's PoS Network

Google Cloud Becomes Validator on Polygon's PoS Network

Google Cloud has joined Polygon's PoS network as a validator, adding an extra layer of security and credibility. The network already has over 100 validators, and Google Cloud's involvement is expected to further strengthen it. Users can monitor validator performance through a dedicated dashboard, where Google Cloud has staked 25,391.67 MATIC.

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.

Lido DAO Faces Class-Action Lawsuit Over LDO Token Alleged to be Unregistered Security

Lido DAO Faces Class-Action Lawsuit Over LDO Token Alleged to be Unregistered Security

A class-action lawsuit against Lido DAO alleges its LDO token is an unregistered security, claiming responsibility for investor losses following the token's price decline.

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.

Binance Supports Starknet (STRK) Distribution for ETH Staking Users

Binance Supports Starknet (STRK) Distribution for ETH Staking Users

Binance announces support for Starknet (STRK) distribution to ETH Staking users, with the snapshot taken on Sept 15, 2022. Distribution completion is expected within 30 days from Feb 20, 2024.

Coinbase reassures customers on staking services amid SEC crackdown

Coinbase reassures customers on staking services amid SEC crackdown

Despite the SEC's crackdown on staking services provided by centralized providers, Coinbase has informed its customers that its staking services will continue and may even increase. Coinbase has updated its staking terms and conditions, stating that users earn rewards from decentralized protocols, not from the exchange itself. The SEC has expressed concerns over users losing control of their tokens when using staking programs. Coinbase has argued that its staking services are fundamentally different from competing exchanges like Kraken.

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.

Binance Enhances VIP Investor Program with Flexible Earn Products and ETH Staking

Binance Enhances VIP Investor Program with Flexible Earn Products and ETH Staking

Binance, a leading cryptocurrency exchange, has upgraded its VIP Investor Program to include Simple Earn Flexible Products and ETH Staking, providing users with more opportunities to qualify for VIP tiers and unlock additional rewards.

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.

SSV Network Founder Drafted; Assurance of Continued Operations Given

SSV Network Founder Drafted; Assurance of Continued Operations Given

The leadership of SSV Network, amidst a war crisis, shared personal experiences and reassured the community of ongoing operations. Founder Alon Muroch described the ground situation as a "massacre" after being drafted, while A. Matthias emphasized team unity and continued work towards delivering a robust Distributed Validator Technology (DVT) network. The scenario highlighted the resilience of decentralized blockchain networks in maintaining operational integrity under challenging circumstances.

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.

Crypto Market Consolidation and Key Trends in Q2 2023

Crypto Market Consolidation and Key Trends in Q2 2023

Q2 2023 saw a slight 0.14% increase in the crypto market, with Bitcoin (BTC) and Ethereum (ETH) rising by 6.9% and 6.0% respectively.

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.

Crypto Staking in South Korea: Balancing Innovation and Regulation

Crypto Staking in South Korea: Balancing Innovation and Regulation

Balancing innovation and regulation in South Korea's crypto industry, with regulators concerned about staking's potential risks to consumers and market stability.

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.

Binance Launches AEVO on Launchpool

Binance Launches AEVO on Launchpool

Binance introduces AEVO, a new decentralized derivatives exchange platform, on its Launchpool, allowing users to farm AEVO tokens by staking BNB and FDUSD.

Binance Labs invests in Babylon to foster Bitcoin staking

Binance Labs invests in Babylon to foster Bitcoin staking

Binance Labs invests in Babylon to foster Bitcoin staking, marking a significant evolution in Bitcoin's utility and PoS blockchain security.

Liquid Staking Protocol Lido Activates "Staking Rate Limit" After Record Inflows

Liquid Staking Protocol Lido Activates "Staking Rate Limit" After Record Inflows

Lido Finance, a liquid staking protocol for Ethereum, activated a "staking rate limit" after more than 150,000 ETH was staked in a single day. The mechanism aims to address any negative effects of high inflows, limiting the amount of staked Ether that can be minted within a 24-hour timeframe.

Astar Network Publishes Tokenomics 2.0: A New Approach to Inflation, Fees, and dApp Staking

Astar Network Publishes Tokenomics 2.0: A New Approach to Inflation, Fees, and dApp Staking

Astar Network unveils Tokenomics 2.0, introducing dynamic inflation, aligned transaction fees, and enhanced dApp staking for sustainable growth.

Ethereum co-founder Vitalik Buterin Proposes Signature Reduction

Ethereum co-founder Vitalik Buterin Proposes Signature Reduction

Ethereum co-founder Vitalik Buterin proposes reducing the number of signatures for validators in the PoS system to simplify the system, address technical issues, and enhance network security.

Coinbase Ventures Invests in Decentralized Ethereum Staking Pool Rocket Pool

Coinbase Ventures Invests in Decentralized Ethereum Staking Pool Rocket Pool

Coinbase Ventures has invested in Rocket Pool, acquiring RPL tokens to support the decentralized Ethereum staking pool. The move aligns with efforts to scale Ethereum's infrastructure.

Custodia Bank CEO Caitlin Long Slams Regulators

Custodia Bank CEO Caitlin Long Slams Regulators

The Custodia Bank CEO joins other crypto leaders in criticizing Washington's "regulation by enforcement" strategy.

The amount of ETH burned will continue to increase as transaction fees are burned

The amount of ETH burned will continue to increase as transaction fees are burned

Since September 2022, traders have started withdrawing ETH from exchanges.

Ether Surges to Over $1,900 Ahead of Staking Withdrawals

Ether Surges to Over $1,900 Ahead of Staking Withdrawals

Ether breaks $1,900 for the first time in over seven months, ahead of the Ethereum Shanghai hard fork that will allow stakers to withdraw their ETH. The recent price increase may be driven by expectations of the Federal Reserve easing its quantitative tightening efforts and increased demand for Ether due to more flexible staking options.

Ritual Teams Up with EigenLayer

Ritual Teams Up with EigenLayer

Ritual partners with EigenLayer to enhance AI capabilities on Ethereum, leveraging restaking mechanisms for decentralized AI services and economic security.

Aevo Launches Incentive Program to Boost Trading and Staking

Aevo Launches Incentive Program to Boost Trading and Staking

Aevo introduces a trading and staking incentive program, offering enhanced $AEVO earnings for active participants over a four-month period.

Lido Announces Upcoming Upgrade, Introduces New Staking Router

Lido Announces Upcoming Upgrade, Introduces New Staking Router

Staking liquid Lido V2 will allow Ethereum staking reward withdrawals and better staking infrastructure.

Ether.Fi Launches Non-Custodial Liquid Restaking Protocol on Ethereum

Ether.Fi Launches Non-Custodial Liquid Restaking Protocol on Ethereum

Ether.Fi launches a non-custodial liquid restaking protocol on Ethereum, allowing users to maintain control of their keys while increasing staking yields through integration with Eigenlayer.

Sui Network Launches Liquid Staking Functionality to Enhance Delegated Staking

Sui Network Launches Liquid Staking Functionality to Enhance Delegated Staking

The Sui Network, a Layer 1 blockchain known for its object-centric data model, announced the launch of a new feature that enables liquid staking as part of its latest network upgrade.

South Korea Regulator Probes Crypto Staking Services

South Korea Regulator Probes Crypto Staking Services

South Korea's Financial Supervisory Service checks exchanges' crypto staking services for legality.

Cosmos (ATOM) Community Contemplates Zero Inflation for ATOM Token

Cosmos (ATOM) Community Contemplates Zero Inflation for ATOM Token

Cosmos's StakeLab proposes reducing ATOM's minimum inflation to 0%, aiming to align with other blockchain models and address issues like token overproduction and selling pressure. Nearly 95% of the community supports this significant change.

Coinbase Executives Stand Up for Crypto Staking Services

Coinbase Executives Stand Up for Crypto Staking Services

Crypto trading Coinbase officials deny its crypto staking services are securities.

Chinese Police Investigate STFIL Team Members in Filecoin (FIL) Liquid Staking Protocol

Chinese Police Investigate STFIL Team Members in Filecoin (FIL) Liquid Staking Protocol

Chinese police are investigating STFIL technical team members, who relocated 2.5 million FIL tokens to an unknown address during an unscheduled protocol update, seeking community assistance to protect stakeholders' interests.

U.S. IRS Clarifies Taxation on Crypto Staking Rewards

U.S. IRS Clarifies Taxation on Crypto Staking Rewards

IRS ruling classifies crypto staking rewards as taxable income, potentially impacting prices of PoS-based cryptos like Ethereum.

EigenLayer Expands Airdrop and Addresses Community Concerns

EigenLayer Expands Airdrop and Addresses Community Concerns

EigenLayer, an Ethereum restaking protocol, has expanded its initial EIGEN token airdrop to 28 million tokens, addressing user dissatisfaction and ensuring equitable distribution. The airdrop includes Season 1 and Season 2 participants, with minimum token allocations.

Memeland (MEME) Launches Zero-Fee Social Staking Protocol Stakeland

Memeland (MEME) Launches Zero-Fee Social Staking Protocol Stakeland

Stakeland is introduced as a community-first social staking platform by Memeland, aiming to empower the $MEME ecosystem with zero fees.

Lido Finance Community Votes on Critical Governance Proposal

Lido Finance Community Votes on Critical Governance Proposal

Lido Finance community members cast their votes on a pivotal governance proposal, shaping the future direction of the staking platform.

Coinbase Petitions SEC on Staking

Coinbase Petitions SEC on Staking

Coinbase has submitted a "Petition for Rulemaking" to the SEC, arguing that staking should not be classified as securities. The petition argues that staking is not a monolithic concept, and core staking services do not meet the criteria of the Howey test. Coinbase cites historical precedents and urges regulators to consider the economic consequences of their actions.

Vitalik Buterin: Supporting Decentralized Staking through Anti-Correlation Incentives

Vitalik Buterin: Supporting Decentralized Staking through Anti-Correlation Incentives

Vitalik proposes anti-correlation incentives to promote decentralization in staking protocols, penalizing misbehaving actors and implementing them in various scenarios, backed by empirical data.

Golem, Raised 820,000 ETH in 2016 ICO Ironically, Now Stakes 98,016 ETH

Golem, Raised 820,000 ETH in 2016 ICO Ironically, Now Stakes 98,016 ETH

the Golem Foundation has staked 98,016 ETH (equivalent to $183M) into Ethereum's Proof of Stake (PoS) system, as reported 12 hours ago.

BendDAO Considering Expanding into ApeCoin NFT Staking Programme

BendDAO Considering Expanding into ApeCoin NFT Staking Programme

BendDAO plans to introduce a BendEarn NFT platform that enables staking of major tokens like ApeCoin, Bored Ape, Mutant Ape, and Bored Ape Kennel Club NFTs. The NFT platform will allow BendDAO users to earn passive income with NFTs through the available innovative features like a dashboard, four staking pools, and market tools.

Coinbase warns of delays for ETH unstaking after Ethereum Merge

Coinbase warns of delays for ETH unstaking after Ethereum Merge

Coinbase users may face delays in unstaking their ETH after Ethereum's Shapella upgrade, due to on-chain processing. Coinbase advises users to be patient and offers a liquid staking option, "cbETH."

Fidelity Seeks SEC Nod for Staking in Proposed Ether ETF for Enhanced Yields

Fidelity Seeks SEC Nod for Staking in Proposed Ether ETF for Enhanced Yields

Fidelity Investments aims to add staking to its Ether ETF, pending SEC approval, potentially offering investors a new revenue stream.

Binance Announces Cessation of The Sandbox NFT Staking and Polygon Network Support

Binance Announces Cessation of The Sandbox NFT Staking and Polygon Network Support

Binance NFT will halt The Sandbox NFT Staking Program on September 26, 2023, and suspend LAND NFTs for daily SAND rewards. All staked NFTs will undergo an unstaking process, with return expected by September 28, 2023. Users holding Polygon Network NFTs are advised to complete withdrawals by December 31, 2023.

Cosmos Hub Introduces New Liquid Staking Module and Dashboard Features

Cosmos Hub Introduces New Liquid Staking Module and Dashboard Features

Cosmos (ATOM) Hub has completed its v12 upgrade, introducing the Liquid Staking Module (LSM) to bypass the 21-day unbonding period for unstaking assets. This innovation aims to enhance the ATOM Economic Zone and integrate staked ATOM into the Cosmos decentralized finance ecosystem. Governance measures ensure security, and an enhanced dashboard, "Data Lenses v2," was launched for improved user experience.

CEX.IO Founder: US and UK Investors Expect Bitcoin to Serve as Hedge Against Currency Depreciation

CEX.IO Founder: US and UK Investors Expect Bitcoin to Serve as Hedge Against Currency Depreciation

CEX.IO Founder and CEO, Oleksandr Lutskevych is a pioneer in the Bitcoin industry and serial entrepreneur with deep expertise in internet technology businesses. In this second exclusive interview with Blockchain.News, Lutskevych to discuss the current Bitcoin market sentiments in the US and UK following Brexit and discuss CEX.IO’s next steps for 2020.

MakerDAO, on the Significance of Multi-Collateral Dai and Dai Savings Rate

MakerDAO, on the Significance of Multi-Collateral Dai and Dai Savings Rate

In part two of our interview with Gustave Arentoft, Business Development, Dai Speaker, MakerDAO: he shared with us the significance of the launch of multi-collateral DAI and Dai Savings Rate (DSR), as well as his favourite Dapps which integrates DSR.

Earn Additional Yield on Your Crypto20 Investment

Earn Additional Yield on Your Crypto20 Investment

Invictus Capital continues in their pursuit to provide their community with unique wealth creation opportunities.

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.

Prime Trust Pulls $100m in Series B to Float New Products

Prime Trust Pulls $100m in Series B to Float New Products

Cryptocurrency infrastructure service provider, Prime Trust LLC, has raised $107 million in Series B funding as it seeks to deepen ties with its clients with its proposed new products.

What is Liquid Staking?

What is Liquid Staking?

Liquid staking is revolutionizing the DeFi landscape by allowing users to stake their crypto assets while maintaining liquidity and earning rewards. This innovative approach is gaining traction in the crypto community.

What is Tezos?

What is Tezos?

Tezos, a promising new blockchain-based platform for building smart contracts and decentralized applications (dApps).

Trump’s Proposed Capital Gains Tax Cuts Could Benefit Ethereum 2.0 Stakers

Trump’s Proposed Capital Gains Tax Cuts Could Benefit Ethereum 2.0 Stakers

President Donald Trump has proposed a capital gains tax cut which may greatly benefit United States cryptocurrency traders—particularly those planning to stake on Ethereum 2.0.

ETH Holdings on Exchanges Drops Below 18% in 31 Months

ETH Holdings on Exchanges Drops Below 18% in 31 Months

ETH holders are still confident that an uptrend is in the offing as they have been withdrawing their holdings on crypto exchanges in droves, as acknowledged by crypto analytic firm Santiment.

Staked Ethereum Surpasses Mined ETH

Staked Ethereum Surpasses Mined ETH

Ethereum locked in the ETH 2.0 deposit contract continues to outway the one being mined on a daily basis, which is a bullish sign.

Ethereum 2.0’s Launch Is 2 Weeks Away, but Only 18% of ETH Has Been Staked

Ethereum 2.0’s Launch Is 2 Weeks Away, but Only 18% of ETH Has Been Staked

With Ethereum 2.0’s first phase (Phase 0) set to launch on December 1, it appears that there is still a lot of Ether (ETH) missing for the upgrade to happen.

Germany’s Deutsche Telekom Rolls Out Ethereum Validator Node, Staking Support

Germany’s Deutsche Telekom Rolls Out Ethereum Validator Node, Staking Support

Deutsche Telekom is the latest institution to offer Ethereum staking services to its customers.

Ethereum 2.0 Deposit Contract Hits ATH as Investments Heightens

Ethereum 2.0 Deposit Contract Hits ATH as Investments Heightens

More investments continue trickling into Ethereum 2.0 deposit contract, given that the number of staked ETH is scaling the heights.

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 2.0 Continues to Gain Steam, Staked ETH Tops 10 Million

Ethereum 2.0 Continues to Gain Steam, Staked ETH Tops 10 Million

The transition to Ethereum 2.0, which was renamed the consensus layer, continues to gain momentum because the amount of staked Ether is nearly 10% of the entire ETH supply.

Total Value of Ethereum in ETH 2.0 Tops 3 Million Ether

Total Value of Ethereum in ETH 2.0 Tops 3 Million Ether

The total value of Ethereum locked in Ethereum 2.0 tops 3 million Ether and currently pegged at 3,000,034 ETH.

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.

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.

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.

Coinbase Introduces Ethereum Staking for US Institutional Clients

Coinbase Introduces Ethereum Staking for US Institutional Clients

Coinbase rolls out a new staking crypto service to its institutional clients ahead of Ethereum’s planned transition to a proof-of-stake mechanism, providing more financial options to their portfolios.

More Than 50% of ETH Has Now Been Staked in Preparation for Ethereum 2.0 Mainnet

More Than 50% of ETH Has Now Been Staked in Preparation for Ethereum 2.0 Mainnet

With just a week left before Ethereum 2.0, the deposit contracts that are needed have surged considerably, topping 50% of its target.

SEBA Bank Floats Ethereum Staking Service for Institutional Investors

SEBA Bank Floats Ethereum Staking Service for Institutional Investors

Swiss-based digital bank SEBA has announced the launch of its Ethereum staking service, tailored to fit the needs of institutional investors.

Solana Takes the Helm as the Most Staked Crypto, Cardano Goes Second

Solana Takes the Helm as the Most Staked Crypto, Cardano Goes Second

Even if Ethereum takes the lion’s share in DeFi, Solana is the victor when it comes to staking with a value of $78.49 billion.

Staking Rewards Raises $3.2M Equity from Crypto's Largest Funds Ecosystem

Staking Rewards Raises $3.2M Equity from Crypto's Largest Funds Ecosystem

Crypto data aggregation startup, Staking Rewards says it has raised $3.2 million from the biggest fund managers in the cryptocurrency ecosystem.

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.

Kraken Joins Consortium to Support, Build Liquid Staking Protocol

Kraken Joins Consortium to Support, Build Liquid Staking Protocol

Crypto exchange Kraken has joined a consortium meant to support and build an enterprise-grade liquid staking protocol dubbed Liquid Collective.

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.

Coinbase to Suspend Coinbase Pro Platform By Year-End, Developing New Advance Trading Interface

Coinbase to Suspend Coinbase Pro Platform By Year-End, Developing New Advance Trading Interface

American cryptocurrency trading platform, Coinbase Global Inc has unveiled plans to close down its Coinbase Pro platform by the end of the year. A new trading platform is expected to launch to substitute.

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.

How Are Uniswap’s UNI Governance Tokens Taxed?

How Are Uniswap’s UNI Governance Tokens Taxed?

Uniswap the popular decentralized exchange recently awarded members its UNI tokens. But what do holders need to know about paying tax on UNI governance tokens?

Lido Launches Layer-2 Ethereum Staking And 150,000 LDO Tokens In Rewards

Lido Launches Layer-2 Ethereum Staking And 150,000 LDO Tokens In Rewards

Lido is now live on layer-2 solutions, Arbitrum, and Optimism, and would allocate 150,000 LDO tokens in rewards per month from Oct 7 for wstETH across each network.

Yearn.finance Proposal to Create ETH 2.0 Validator Vault Could be a Game-Changer for Staking

Yearn.finance Proposal to Create ETH 2.0 Validator Vault Could be a Game-Changer for Staking

Retail investors could soon have the opportunity to earn on ETH 2.0 if a proposal on Ethereum 2.0 validator vault on Yearn passes.

Chainlink (LINK) Price Set to Reach New Highs This Quarter When Staking Goes Live

Chainlink (LINK) Price Set to Reach New Highs This Quarter When Staking Goes Live

The oracle-based cryptocurrency has rallied to new highs, surging by over 9% in the past 24 hours, and over 40% in the past week.

Cardano’s Charles Hoskinson Introduces New Feature to Enable Partial Staking in Multiple Stake Pools

Cardano’s Charles Hoskinson Introduces New Feature to Enable Partial Staking in Multiple Stake Pools

IOHK CEO Charles Hoskinson recently introduced Cardano’s delegation portfolios and hardware updates for Cardano in a recent YouTube video.

Coinbase to Support Ethereum 2.0 Trading and Staking Rewards in 2021, ETH Recovers From Bull Run

Coinbase to Support Ethereum 2.0 Trading and Staking Rewards in 2021, ETH Recovers From Bull Run

Coinbase digital currency exchange voiced its support for Ethereum 2.0, the blockchain upgrade that launched at 12 pm UTC yesterday.

Ethereum’s Bull Run to Continue as Massive Balance of Ether Moved Off of Exchanges for ETH 2.0 Staking

Ethereum’s Bull Run to Continue as Massive Balance of Ether Moved Off of Exchanges for ETH 2.0 Staking

As Ethereum 2.0 Phase 0 is nearing its launch, the Ethereum community has locked up more than $13 million of Ether in the network in 24 hours.

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.

Ethereum Hits Major Bullish Milestones in Anticipation of the ETH 2.0 Staking Upgrade

Ethereum Hits Major Bullish Milestones in Anticipation of the ETH 2.0 Staking Upgrade

Ethereum wallets containing 32 more or more ETH, the amount needed to stake a validator node under the upcoming ETH 2.0 upgrade has hit an all-time high. The number of Ethereum network balances with 32 ETH or more has been nearing 120,000, in anticipation of the proposed ETH 2.0 update. Validating nodes will be replacing miners in the current proof-of-work system to validate transactions to maintain the Ethereum blockchain. Over the year, the number of wallets holding at least 32 ETH has risen around 15 percent, according to Nansen AI. Although the ETH 2.0 upgrade has been delayed several times, the major upgrade is expected to be deployed in July.

Ethereum Revamps Website And Transitions to Staking with Latest Testnet Release

Ethereum Revamps Website And Transitions to Staking with Latest Testnet Release

Ethereum Foundation is transforming their website and adding new designs to ethereum.org to deliver a more user-friendly and educational experience for the Ethereum community.

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.

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