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290,000 ETH Added to Liquid Staking Protocols Ahead of Spot ETF Launch
14.7.2024
According to data, liquid staking protocols accumulated an additional 290,000 ether in the past 46 days. This increase raised the proportion of ETH in liquid staking protocols by 0.24%, bringing the total to 11.18% of Ethereum’s 120.2 million circulating supply. Shift in Liquid Staking:...
German Government’s Bitcoin Holdings Swell Overnight Thanks to Donations
13.7.2024
According to crypto intelligence firm Arkham, the German government’s bitcoin holdings soared by 9,000% in one day, thanks to donations from Bitcoin enthusiasts. Germany had liquidated a $2 billion bitcoin cache through major exchanges, finishing on Friday and leaving its BTC wallet empty...
Liquid Staking Market in Flux: Withdrawals Hit Swell and Mantle, Reshuffling Landscape
17.5.2024
Over the past 18 days, 27 distinct liquid staking derivatives (LSD) protocols have experienced withdrawals amounting to approximately 50,000 ether, valued at $146.72 million. The most significant reductions occurred in the LSDs Swell and Mantle, with Swell’s ether holdings decreasing...
Swell enhances transparency with Chainlink Proof of Reserve
10.4.2024
Swell incorporates Chainlink Proof of Reserve (PoR) on Ethereum to offer on-chain clarity revolving around the reserves related to rswETH, a liquid staking token. Additionally, Chainlink will support Swell L2, a forthcoming Layer 2 meant for restaking with Chainlink CCIP. These incorporations help...
X Layer joins hands with Swell Network
3.4.2024
X Layer has announced a partnership with Swell Network. While a lot of details are awaited, X Layer has made it public that they aim to unlock synergies and facilitate a seamless experience while staking on their network. Swell has confirmed the announcement by reposting it and sharing it with...
Swell Forms a Coalition with Altlayer and EigenDA
14.3.2024
Swell has struck a deal with Altlayer and EigenDa to introduce its Layer 2 rollup for restaking. Working upon its $1 billion in the form of TVL throughout its staked LST and LRT, Swell’s Layer 2 will be involved in liquid restaked assets on EigenLayer. Swell’s rollup will play the role of...
Ethereum Staking Protocol Swell Unveils Layer-2 Rollup With $1B Total Value Locked
13.3.2024
Swell developed the rollup alongside Ethereum scaler AltLayer and a16z-backed crypto-staking project EigenLayer
Swell to join Chainlink BUILD for Oracle services and support
16.2.2024
Swell is set to join the Chainlink BUILD program to enjoy access to Chainlink’s technical support and Oracle services. The announcement was shared on the official X/Twitter account of Chainlink. The tweet read that the integration will support the use and security of liquid staking. Swell will make...
Ripple CEO Brad Garlinghouse Criticizes SEC for Losing Focus on Investor Protection
13.11.2023
Ripple CEO Brad Garlinghouse. Source: a video screenshot, Ripple / YouTube Brad Garlinghouse, CEO of the US-based blockchain payments firm Ripple, has expressed strong criticism of the US Securities and Exchange Commission (SEC), accusing the agency of deviating from its core mission to protect...
Brad Garlinghouse jabs at maximalists: ‘It will be a multichain world’
13.11.2023
Ripple CEO Brad Garlinghouse discussed discouraging maximalists and factors that could drive further institutional adoption at the recent Ripple Swell event held in Dubai
Crypto Exchange Mango’s Legal Bills Swell, a Year After Alleged $116M Heist
7.8.2023
First the blockchain-based exchange was allegedly victimized by a market manipulator, and now it's having to spend big on lawyers to pursue suits and other remedies
Ethereum Liquid Staking Sees 270,000 ETH Influx in 2 Weeks
30.7.2023
Recent statistics reveal that in the past fortnight, about 270,000 units of ethereum (ETH) were deposited into liquid staking derivative protocols. Currently, these decentralized finance (defi) staking platforms hold an estimated 10.65 million ether locked within their systems. Ethereum Liquid...
Liquid Staking Derivatives in Ethereum Swell by 1.5 Million ETH in 2 Months
15.7.2023
Over the course of the previous 63 days, there’s been a notable 16.98% surge in the quantity of ethereum (ETH) held in liquid staking derivatives protocols, with a substantial addition of roughly 1,507,285 ETH across 23 different platforms. Data reveals that Lido Finance dominates...
Swell incorporates Chainlink Proof of Reserve
17.5.2023
Swell with immense pleasure in officially announcing having incorporated Chainlink Proof of Reserve (PoR) on Ethereum. This is to be able to ascertain the fact that the swETH tokens are supported by staked ETH on a 1:1 ratio. In the recent past, the entity had similarly declared the incorporation...
Swell-Seawolf Unleashed on Public Beta
26.4.2023
Seawolf, Swell’s very first version and voyage in the decentralized governance, has been released on mainnet. Stakers of different experience levels can now participate in Seawolf to boost yields through liquid staking with absolutely zero costs (for only a limited time). Swell has made liquid...
Ethereum Liquid Staking Trend Continues to Swell; 5 Platforms Control 97% of Market
7.2.2023
As of Feb. 7, 2023, the value locked in 11 Ethereum-based liquid staking protocols has risen above $11 billion, with Lido, Coinbase, and Rocket Pool recording 4-10% gains over the past month. Lido holds more than 73% of the total value locked (TVL) out of the 6.87 million ether held by the...
XRP price pumps and dumps amid mysterious $51M whale transfers — what's next?
26.8.2022
XRP risks declining further in the coming weeks despite its eye-grabbing intraday price moves
Defi TVL and Smart Contract Platform Tokens Swell in Value With ETH, ETC Leading the Pack
22.7.2022
The top smart contract platform tokens by market capitalization and the total value locked (TVL) in decentralized finance (defi) have swelled significantly in value during the last few days. Since the value locked in defi reached a 2022 low of $70 billion on June 19, the defi ecosystem’s...
Polygon rallies 22% on Disney invitation euphoria — will MATIC price gains swell in July?
14.7.2022
MATIC still awaits a decisive breakout after the Disney-led intraday rally, with the profit target sitting about 80% higher than current prices
Caribbean Islands, Dubai, Mumbai — Bitcoin Cash Adoption Continues to Swell Worldwide
4.6.2022
Bitcoin cash supporters are known for spreading adoption over the years and 2022 is no different. This year, the peer-to-peer cryptocurrency bitcoin cash has seen significant adoption throughout the islands of the Caribbean, alongside places like Dubai, and Mumbai. Bitcoin Cash Advocates Continue...