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Floki and TokenFi Staking Halted Following Hong Kong Regulatory Concerns


The Floki Inu cryptocurrency team has decided to halt its Floki and TokenFi staking programs in Hong Kong following a warning from the Securities and Futures Commission (SFC), which listed them as “suspicious investment products.” This response comes after the SFC warned users about...

Hong Kong Financial Watchdog Cautions Against Floki, TokenFi Staking Schemes


On Friday, Hong Kong’s securities regulator cautioned investors against “suspicious” staking schemes tied to Floki and TokenFi. Both tokens within the Floki ecosystem offer crypto staking. They claim yearly returns of between 30% and 100%, the Securities and Futures Commission...

Metamask Launches Ethereum Validator Staking Services


Metamask, the Ethereum Virtual Machine (EVM) wallet, has announced the launch of its validator staking services for Ethereum. The feature will allow users who want to stake their ether to do it simply from the Metamask portfolio interface, without managing hardware equipment, while maintaining...

MetaMask Portfolio extends offering to Validator Staking


MetaMask Portfolio has extended the list, now offering Validator Staking in addition to Liquid Staking. This empowers participants to stake their ETH tokens and earn rewards without undergoing the complexities of maintaining nodes.  Consensys Staking, a network of more than 33,000 stakeholders,...

Introducing the Shiba Inu Alternative Aiming to Change P2E Meme Coins


TLDR Shiba Inu has not been performing well for a long time now and investors have started looking for alternatives. NuggetRush is the best altcoin currently with features like P2E gaming and NFT staking. NuggetRush presale has gathered more than $1.8 million in investment and is looking...

Hackers Mislead Rocket Pool X Users with Bogus Contract Breach Claims


Followers of Ethereum-based staking protocol Rocket Pool’s X account have over the past 24 hours found themselves caught in a web of confusion. Hackers took control of the account and used it to spread misleading information about a supposed smart contract breach. From 6.30 UTC on Wednesday,...

Ethereum Staking Platform Kiln Raises $17 Million in Funding Round Led by 1kx


Paris-based Ethereum staking infrastructure provider Kiln has closed a $17 million funding round to expand its institutional-grade offering internationally. The funding will also support more decentralized finance (DeFi) reward models. The funding round was led by 1kx. Several prominent investors...

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