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What Is Restaking?
17.5.2024
The concept of restaking introduces a groundbreaking way for people to utilize their staked cryptocurrency across various protocols simultaneously. This not only boosts reward potential but also significantly enhances the security and scalability of blockchain networks, benefiting the entire crypto...
El Salvador mines 474 Bitcoin using geothermal volcanic energy
15.5.2024
El Salvador currently holds 5,750 BTC worth $354 million which it has accumulated over three years
Crypto Teams May Exit Space Due to Ethereum Security Classification, Amina Bank Report Suggests
13.5.2024
The classification of ethereum as a security poses not only risks to the entire crypto market, but it could also likely lead to many crypto teams exiting the space. This designation might hinder progress and potentially reverse years of advancements in the cryptocurrency market. The U.S. Securities...
Ethereum Transaction Fees Slide Nearly 94% Over the Past 68 Days
12.5.2024
Similar to Bitcoin’s onchain fees, the cost of transacting on the Ethereum network has recently seen a significant decline. Over the previous 68 days, since March 5, 2024, Ethereum’s network fees have fallen by 93.7%, from $30.33 per transfer to $1.91 per transaction. Declining...
Consensys to SEC: Recognize the Advanced Safeguards Inherent in Ethereum’s Design
31.3.2024
Consensys has told the U.S. Securities and Exchange Commission that Ethereum’s proof of stake implementation “meets and even exceeds the security of Bitcoin’s Proof of Work (PoW).” The blockchain software company said the commission should recognize the advanced safeguards...
Grayscale Launches Proof-of-Stake Investment Fund for Accredited Millionaires
30.3.2024
Grayscale, a prominent digital asset management firm, has unveiled plans to launch a "dynamic income fund" dubbed GDIF, focused on investing in proof-of-stake tokens for millionaire investors.
The post Grayscale Launches Proof-of-Stake Investment Fund for Accredited Millionaires appeared first...
Bitcoin ETF Giant Grayscale Introduces a Crypto Staking Fund
5.3.2024
The Grayscale Dynamic Income Fund initially includes APT, TIA, CBETH, ATOM, NEAR, OSMO, DOT, SEI and SOL
Polygon PoS Now Supported By Amazon Managed Blockchain Access
4.12.2023
Source: AdobeStock / gguy Amazon Managed Blockchain (AMB) Access now supports the Polygon proof-of-stake (PoS) mainnet and the Mumbai testnet in public preview. AMB is a fully managed service that provides access to public and private blockchains. Polygon is a scaling solution leveraging...
Asset Managers Should Only Engage Staking Platforms With Strong Security — Andrew McFarlane
3.12.2023
Institutional investors seeking to earn rewards from digital asset token staking must be aware of the associated risks and should take steps to protect their clients, Andrew McFarlane, CTO at the Web3 infrastructure company Validation Cloud, has said. According to McFarlane, slashing, which is...
Proof of Stake Alliance updates recommendations for staking providers
9.11.2023
The POSA updated its staking principles to say that providers should communicate clearly and should not control the amount of liquidity a user must provide
Blockchain Staking Firms Update Best Practices Amid 'Increased Scrutiny'
9.11.2023
The new “staking principles,” published by the Proof of Stake Alliance, aim to ensure consumer protections and promote innovation. Signers include Lido, Coinbase, Rocketpool, Blockdaemon
Staking Crypto Yields Hit Historic Low as Proof of Stake Networks See Rising Stake Rates – What’s Going On?
26.10.2023
As proof of stake networks see a surge in stake rates, a consequent plummet in staking yields is concerning investors and market watchers. According to a third-quarter report from Staked, a subsidiary of the Kraken exchange, the average staking yield for the top 35 stakable cryptocurrencies...
Centralized Mining Pools ‘Antithetical to the Ideals That Gave Rise to BTC and the Blockchain Movement’ — Tomer Afek
22.10.2023
The apparent centralization in both proof-of-work and proof-of-stake protocols is “tragic because it’s antithetical to the cypherpunk ideals” that birthed the the bitcoin and blockchain movement, Tomer Afek, the CEO at the crypto platform Spacemesh, has argued. To back this assertion...
Demand for Ethereum Staking has Dropped Significantly – What's Going On?
19.10.2023
Ethereum (ETH), the world's second-largest cryptocurrency, is experiencing a notable drop in demand for staking, leading to the clearing out of its once-crowded validator queue.
Ethereum's transition to a proof-of-stake (PoS) network, marked by the "Shapella" upgrade in April, had sparked...
Rise of Ethereum staking came at cost of higher centralization: JPMorgan report
6.10.2023
Ethereum co-founder Vitalik Buterin previously admitted that centralization is one of Ethereum’s main challenges, which could take 20 years to solve
A Spot ETH ETF Represents the Dawn of Institutional Liquid Staking
4.10.2023
Leased proof-of-stake (LPoS), explained
30.9.2023
This article provides a deep dive into leased proof-of-stake (LPoS), establishing how it works, its benefits, key features and its role in blockchains
Grayscale officially abandons post-Merge PoW Ethereum tokens
20.9.2023
One year after the Ethereum Merge, Grayscale has finally taken a decision to abandon all the rights to proof-of-work Ethereum tokens
Today in Crypto: Polygon Launches Phase 0 Towards Polygon 2.0, Ripple Opens Up Liquidity Hub to Brazil & Australia
15.9.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Polygon Launches Phase 0 Towards Polygon 2.0, Ripple Opens Up Liquidity Hub to Brazil & Australia
Ethereum Blockchain Launches 'Holesky' Test Network, on First Anniversary of Historic 'Merge'
15.9.2023
The debut of the testing system – designed to be twice as big as the main network so developers can simulate massive scaling, comes a year after Ethereum completed its historic "Merge" shift to a "proof-of-stake" model from the original "proof-of-work" setup that Bitcoin uses