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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...
Vitalik Buterin’s Plans, Changpeng Zhao’s Hooks, Michael Saylor’s Shoppings and 20 Crypto Jokes
2.12.2023
This week in crypto: Vitalik Buterin said he plans to redesign Ethereum staking and praised the UTXO payment model, MicroStrategy CEO Michael Saylor bought an additional $593 million worth of BTC, Reddit renounced Moons’ contract completing the decentralization of the token, and Bitfinex’s...
Celsius Network’s Bitcoin Mining Pivot Faces Hurdles, Judge Suggests New Vote
1.12.2023
Source: Adobe Celsius’ Bitcoin (BTC) mining plans face obstacles as a United States judge hints at a possible new vote to clear deviations. According to a Reuters report on Nov 30, Celsius may require another creditor vote to change its business operations from a mining and staking enterprise...
Liquid Staking Tokens Are a Hot Ticket for 2024
29.11.2023
The staking market was the brightest spot in DeFi this year. The arrival of liquid staking token finance is set to turbocharge activity next year
Chainlink Staking v0.2 goes live on mainnet
29.11.2023
Chainlink has announced that Staking v0.2 is now live on the mainnet. This allows LINK stakers to migrate their holdings from v0.1 to v0.2. The first phase will continue for the next 9 days, followed by Early Access to eligible staker. What makes Chainlink Staking v0.2 an upgraded version of...
Chainlink Expands Staking Accessibility Through v0.2 Release
28.11.2023
Source: Pixabay Chainlink has enhanced its native staking mechanism through the introduction of Chainlink Staking v0.2, featuring an increased pool size of 45 million. According to a press release on Tuesday, the initiation of the v0.2 upgrade will commence with a nine-day Priority Migration phase...
Crypto Exchange OKX Officially Debuts in Brazil, Offers Trading With Advanced Features
28.11.2023
Source: Pixabay Crypto platform OKX announced its official launch in Brazil, offering users with advanced crypto features including trading and staking rewards. The roll-out would feature a Web3 wallet in Brazil, providing a secured and trusted gateway to DeFi and crypto trading. The company said...
Jito Foundation Launches JTO Token To Manage Solana-based Liquid Staking Protocol
27.11.2023
Source: Pixabay The Jito Foundation is introducing a governance token designed to oversee and stimulate the development of the Solana-based liquid staking protocol. In a statement released on Monday, the company disclosed plans to create 1 billion JTO tokens to facilitate the governance of its Jito...
Chainlink Staking v0.2 begins on Nov 28
27.11.2023
Chainlink has shared its adoption update, informing the community of new integrations. These include joining hands with chains like ChainGPT, Beefy Finance, and Lyve Finance. The development builds on top of previous collaborations across 6 chains, namely Ethereum, Arbitrum, Base, Polygon...
Vitalik Buterin Plans to Redesign Ethereum Staking, Praises UTXO Payment Model
27.11.2023
Source: ETHWORLD / YouTube In a recent interview with the NFT platform Defiant during his visit to Turkey, Ethereum co-founder Vitalik Buterin tackled the issue of staking centralization within the Ethereum network. Buterin highlighted the necessity to revamp Ethereum’s staking mechanism...
Best Crypto to Buy Now November 24 – BLUR, PYTH, MINA
25.11.2023
BLUR, PYTH, MINA, BTCETF, and BTCMTX showcase crypto potential as the best to buy now before takeoff. Image by cryptonews.com. The BLUR price is seeing a considerable price boost from its Binance listing, elevating it to one of the best crypto to buy now. Meanwhile, PYTH and MINA continue to show...
New P2E & Staking Project Flies Past $200k in ICO – The Next Market Sensation?
24.11.2023
BlackRock recently met with SEC officials to discuss and clarify details related to their Spot Bitcoin ($BTC) ETF product. Investors must throw off their bearish bias and flip risk-on or get left behind. Institutional flows into crypto are guaranteed, followed by the halving against the backdrop...
CAGA Crypto’s Quantum Leap: Liquid Staking, Governance, and Listings on Gate.io and Bitmart
23.11.2023
PRESS RELEASE. USA, New York, November 23, 2023 – In the dynamic realm of decentralized finance (DeFi), CAGA Crypto emerges as a remarkable example of innovation and community-driven governance. As it prepares for listing on major centralized exchanges – Gate.io, Bitmart, the crypto...
Vulnerability Disclosure Prompts InfStones to Rotate Validator Keys
23.11.2023
Source: Pixabay InfStones, a crucial node operator affiliated with Lido Finance, is poised to temporarily remove its Ethereum validators from the liquid staking protocol. In response to a substantial vulnerability uncovered by security researchers at dWallet Labs, the operator plans to execute...
Chainlink Staking v0.2 to go live on November 28, 2023
22.11.2023
Chainlink has announced that its Staking v0.2 mechanism will go live on November 28, 2023, at 12 p.m. ET. The process will begin with Priority Migration followed by Early Access and General Access. Staking v0.1 successfully launched with a pool of 25 million LINK tokens, forming the foundation...
Bankrupt Crypto Lending Firm Celsius Shifts Focus to Bitcoin Mining Amid SEC Feedback on Reorganization Plan
21.11.2023
Source: Adobe/Canva Crypto lender Celsius has amended its reorganization plan, opting for a singular focus on bitcoin mining instead of the initially proposed combination of mining and staking. In a court filing on Monday, Celsius signaled its departure from the earlier Plan that combined both...
Tencent, Huawei Make Bold Moves in Web3 Amid China’s Crypto Constraints
21.11.2023
Source: LT/Adobe Tencent and Huawei, two major Chinese tech giants, are making notable strides in the Web3 space despite the country’s stringent regulations on cryptocurrency trading. At the Staking Summit in Istanbul, a two-day conference featuring top minds in proof-of-stake (PoS)...
Concero Collaborates With Bitcoin.com and Integrates VERSE Onto the Platform
20.11.2023
PRESS RELEASE. Concero.io announces a partnership with bitcoin.com ‘s Verse Ecosystem and takes the next step in tackling centralisation within the industry. With synergies of both companies being aligned around self-custody and ease of use, this collaboration will allow users to interact with...
Defi’s 30-Day Rise — TVL Increases by $9.3 Billion With Rocket Pool Leading the Pack
20.11.2023
Since October 18, 2023, the aggregate value locked in decentralized finance (defi) has witnessed a substantial augmentation of $9.3 billion within a one-month span. Among the leading ten defi protocols, Rocket Pool, known for its liquid staking services, achieved the most notable growth, soaring...
Crypto.com launches Liquid Staking in its app
17.11.2023
Crypto.com makes it to the headlines yet again with its grand announcement of the launch of liquid staking on the Crypto.com mobile app, allowing its users to capture the best market opportunities and benefit from crypto staking rewards simultaneously. Crypto.com is a trusted name and one of...