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Binance.US Launches Crypto Staking Assault on Rivals Coinbase and Gemini
7.6.2022
CEO Brian Shroder also said he would happily hire any of Coinbase’s disappointed applicants or those recently laid off by Gemini
The many layers of crypto staking in the DeFi ecosystem
20.4.2022
The term staking receives many meanings in crypto, each of them presents its own set of opportunities and challenges
DCG Mining Subsidiary Foundry Joins Texas Blockchain Council to Help Shape Crypto Public Policy
29.3.2022
On Tuesday, Digital Currency Group’s (DCG) mining subsidiary, Foundry Digital, announced the company has joined the Texas Blockchain Council (TBC), a nonprofit industry association in the state of Texas. Foundry detailed the newly formed alliance is aimed at Foundry’s efforts...
LUNA flips Ethereum becoming second largest network for staked value
4.3.2022
Data shows that there are currently 226,325 stakers accounting for $29.5 billion worth of locked up LUNA which has propelled the network into second place for staked value
No precedent: IRS court settlement doesn't clarify crypto staking taxes
8.2.2022
There is yet to be a conclusive court ruling regarding the taxation of staked crypto rewards; however, a recent case demonstrates industry progression
Crypto staking: How to pick the best staking coins for passive income
20.1.2022
Because the blockchain puts your crypto to work, it generates incentives (form of passive income) while it is staked
Digital Currency Exchange Kraken Acquires Crypto Staking Firm Staked
23.12.2021
The digital asset company Kraken announced it has acquired the non-custodial staking platform Staked for an undisclosed sum. While the sum of the purchase was not disclosed, the company claims that it was “one of the largest crypto industry acquisitions to date.” Kraken Acquires...
DCG Mining Subsidiary Foundry Launches Range of Services for 20 Crypto Staking Networks
11.11.2021
Foundry, the Digital Currency Group (DCG) subsidiary and cryptocurrency mining and consulting firm from Rochester, New York announced the launch of a new platform on Wednesday called Foundry Staking. The company says the product currently supports 20 blockchain networks and will provide digital...
Stader Labs completes $4M funding raise to expand crypto staking
7.10.2021
Founded in April 2021, the platform raised funds from a plethora of high-profile figures from the crypto and blockchain space
The Crypto Staking Tax Dilemma: Are Tax Agencies Taking the Right Approach?
20.9.2021
Staking has become one of the most popular ways to earn a passive interest in the growing crypto ecosystem. However, regulators are now catching up, with the likes of the U.S Securities Exchange Commission (SEC) and Internal Revenue Service (IRS) narrowing down to Decentralized Finance (DeFi)...
Crypto Staking: Revolutionary Solution to Earn Lucrative Yields
17.8.2021
A cryptocurrency staking pool is a pool of digital assets that have been submitted by users and entities for interest opportunities. The idea is to lend your crypto into the pool and earn lucrative yields on assets as your digital assets are used to verify the network through an activity known...
Galaxy Digital backs $50M funding round for crypto staking outfit Figment
16.8.2021
The crypto staking service platform is now worth over $500 million and could be looking to expand staff strength and business operations
Crypto staking rewards and their unfair taxation in the US
11.7.2021
The U.S. Internal Revenue Service appears to be blinded by its own enthusiasm on crypto taxation, instead creating an excessive financial burden
US Library of Congress Says Most Countries Lack Clear Tax Guidance on Crypto Staking
4.2.2021
Out of 31 nations, only 5 have tax guidance addressing cryptocurrency rewards via staking, a study found
Swiss Bank Sygnum Begins Storing Crypto With Taurus Group, Launches Staking Service
6.11.2020
The Switzerland-based bank Sygnum has announced this week that the fintech firm is now storing digital assets with the company Taurus Group. On Friday, the bank also revealed that the FINMA-approved firm’s clientele can purchase and stake XTZ by leveraging the Tezos network. Earlier this...
UK Police Find no Crime in Alleged $3M Crypto ‘Staking’ Scam
30.10.2020
Investors who say they lost hundreds of thousands of pounds in an alleged cryptocurrency fraud have had no luck persuading the police that there was in fact a crime committed
Digital Currency Group Pledges $100 Million to Bolster Bitcoin Mining Industry
28.8.2020
The firm Digital Currency Group (DCG) is entering the mining industry, as the firm has pledged $100 million into a cryptocurrency mining firm called Foundry. The mining company Foundry was noiselessly founded in 2019 and it aims to offer capital, consulting, and intelligence to digital assets...
CoinDCX Becomes First India Exchange to Offer Users Crypto Staking
7.8.2020
Mumbai-based cryptocurrency exchange CoinDCX launched its new product on Friday, allowing users to stake cryptocurrencies from Harmony, Qtum and Tron
All in on PoS Blockchains: An Overview of Crypto-Staking Networks
17.5.2020
Even though proof-of-work remains to be the backbone of the crypto world, proof-of-stake is catching up. Here are some blockchain staking platforms to be aware of
Crypto Staking Wallet Offers 1.5% Daily Returns: Ponzi in Progress?
20.4.2020
A cryptocurrency staking app looks like a Ponzi scheme and might be related to an exit scam from 2018, according to a former victim