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Crypto bank Sygnum posts profit after doubling crypto trading volumes
25.7.2024
Signum Bank says it's now eyeing further expansion into the European market, aiming to become fully MICA compliant by the first quarter of 2025
Nikolaj Rosenthal, CEO of Myrmidon, on ETH, Staking-as-a-Service, Non-Custodial Staking, and the Ethereum ETF | Ep. 325
12.4.2024
Nikolaj Rosenthal, former ice hockey star and CEO of non-custodial staking provider Myrmidon, discusses his switch from a professional sports player to a crypto entrepreneur, accepting BTC as salary seven years ago, establishing a staking-as-a-service, new chains coming to Myrmidon soon, why ETFs...
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...
Coinbase Introduces 4% USDC Rewards Amidst SEC Dispute
16.6.2023
On June 15, the San Francisco-based cryptocurrency exchange Coinbase announced that customers can now earn 4% rewards on the stablecoin USDC. The news follows Coinbase’s current dispute with the U.S. Securities and Exchange Commission (SEC) over the firm’s staking-as-a-service product....
Ethereum Staked on Coinbase Sees Massive Redemptions, Over 27,000 Tokens Redeemed on June 6
8.6.2023
Recent statistics reveal that a significant amount of ethereum staked on Coinbase has been redeemed, with 27,280 tokens being redeemed on June 6. This development comes in the wake of the U.S. Securities and Exchange Commission (SEC) filing a lawsuit against Coinbase for not registering...
Coinbase CEO Responds to SEC Lawsuit Accusing Crypto Exchange of Securities Law Violations
8.6.2023
Coinbase CEO Brian Armstrong has responded to the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against his cryptocurrency exchange. The securities regulator charged Coinbase with “operating its crypto asset trading platform as an unregistered national securities...
Kraken CEO Calls on Congress to Protect US Crypto Industry Following Settlement With SEC Over Staking Program
10.2.2023
The CEO of crypto exchange Kraken, Jesse Powell, has called on Congress to pass a law to protect the U.S. crypto industry after the Securities and Exchange Commission (SEC) took action against his trading platform over its crypto staking service. Kraken’s CEO Responds to SEC Action Kraken...
‘Kraken Down’ — SEC commissioner rebukes own agency over recent action
10.2.2023
"Today, the SEC shut down Kraken’s staking program and counted it as a win for investors. I disagree and therefore dissent," said commissioner Hester Pierce
Kraken Winds Down Staking Program, Pays $30 Million to Settle Unregistered Offering of Staking Services Case With SEC
9.2.2023
Kraken, a U.S.-based cryptocurrency exchange, has agreed to wind down its cryptocurrency staking program as part of an arrangement with the U.S. Securities and Exchange Commission (SEC) to settle for the unregistered offer of its staking services. The exchange will also pay $30 million...
Ethereum Staking-as-a Service Startup Kiln Raises $17.6M
28.11.2022
The Paris-based startup is betting on the growth of staking services after Ethereum's Merge
Bividend: Nasdaq-Listed Company to Pay Dividends in Bitcoin at the Option of Shareholders
7.1.2022
A Nasdaq-listed company has announced that shareholders can receive dividends in bitcoin. The company claims to be the first one to pay dividends in the cryptocurrency. ‘First-Ever Dividend Payable in Bitcoin by a Nasdaq-Listed Company’ Blockchain company BTCS Inc. (Nasdaq: BTCS)...
Trading platform eToro launches Staking-as-a-service feature
1.10.2020
Users automatically receive rewards on some of their crypto positions
HyperBlocks Plans to Launch Staking-as-a-Service for Fantom Mainnet
20.10.2019
The blockchain venture firm, HyperBlocks specializes in proof-of-stake protocols and now is ready to deliver its SaaS, staking-as-a-service platform for the initial Fantom mainnet. The smart contracts based on DAG dubbed the platform “consensus-as-a-service.” Fantom is a technology firm that...
Staking-as-a-Service Startup Raises $2 Million From DHVC, Plug and Play
15.5.2019
New funding for InfStones, a node operator currently staking over $450 million worth of EOS, will fuel hiring and an expansion into more PoS networks
Pantera, Coinbase Join $4.5 Million Round for Staking-as-a-Service Startup
31.1.2019
Pantera Capital and Coinbase Ventures have joined a $4.5 million round for Staked, a firm that helps investors back proof-of-stake cryptos