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Value Locked in Defi Surpasses $40 Billion, Marking a Significant Recovery
27.10.2023
Amid the recent gains in the crypto economy, the total value locked, or TVL, in decentralized finance, or defi protocols, has risen above the $40 billion threshold. This is after remaining below that level since mid-August. The top 100 defi coins by market capitalization are just below the...
Staking Crypto Yields Hit Historic Low as Proof of Stake Networks See Rising Stake Rates – What’s Going On?
26.10.2023
As proof of stake networks see a surge in stake rates, a consequent plummet in staking yields is concerning investors and market watchers. According to a third-quarter report from Staked, a subsidiary of the Kraken exchange, the average staking yield for the top 35 stakable cryptocurrencies...
Shiba Inu Price and Top Meme Coins Pump, Sponge Up 26% With Staking Set to Launch in 6 Days
26.10.2023
Thursday, October 26, 2023 – Meme coin $SPONGE’s price is up 26% in the past seven days to $0.000117 after announcing the introduction of staking, to take place on November 1st. With only six days to go, the staking news is attracting buyers to the Sponge project, which was created as...
Are Rising Yields Putting the Squeeze on DeFi?
25.10.2023
In this week’s “Crypto Long & Short,” Todd Groth investigates the interplay between TradFi and DeFi yields and why comparisons across markets are often overly simplified apples vs oranges
Could Doge Uprising Be The Next 10x Meme Coin?
25.10.2023
Doge Uprising is a new meme crypto project fighting against the ‘centralized authorities’ who abuse their power. The platform aims to redefine a typical meme coin’s utility by building a project that goes beyond just crypto to include a storyline, NFTs, staking, and community...
Bitcoin.com Collaborates With MyCointainer to Integrate VERSE Token on Its Platform
24.10.2023
PRESS RELEASE. October 24th, 2023. Bitcoin.com, a pioneer in providing accessible and user-friendly cryptocurrency services, has announced a strategic partnership with crypto-staking platform MyCointainer where VERSE, the rewards and utility token for the Bitcoin.com ecosystem and...
Demand for Ethereum Staking has Dropped Significantly – What's Going On?
19.10.2023
Ethereum (ETH), the world's second-largest cryptocurrency, is experiencing a notable drop in demand for staking, leading to the clearing out of its once-crowded validator queue.
Ethereum's transition to a proof-of-stake (PoS) network, marked by the "Shapella" upgrade in April, had sparked...
Cracks Appear as Ethereum Staking Demand Wanes
18.10.2023
Earlier this year, Ethereum staking was popular, particularly with Lido Finance's rise to prominence in the DeFi space, but it is now facing challenges, suspicions, and resentment
Floki Developers Propose Staking and Utility Token Plans
18.10.2023
The move could help amp up investor interest in FLOKI tokens, which form part of the Floki DAO ecosystem
Investment Manager Methodic Unveils Ether Staking Fund Offering Exposure to ETH Price and Yield
18.10.2023
The Methodic CoinDesk ETH Staking Fund offers institutional exposure to spot ETH price and staking yields
Ether.Fi Rolls Out Liquid Staking Token eETH, That Can be Restaked on EigenLayer
18.10.2023
Decentralized finance (DeFi) protocol ether.fi has rolled out a liquid staking token that allows users to generate rewards through ether (ETH) staking and automatically restake rewards on EigenLayer
Ethereum LSDFi sector grew nearly 60x since January in post-Shapella surge: CoinGecko
18.10.2023
The LSDFi sector’s total value locked has grown 5,870% since January as ETH holders seek better yields
Liquid Staking Solution Lido Winds Down Solana Staking Following Community Vote
17.10.2023
Lido Finance, a decentralized liquid staking platform, is ending its Solana (SOL) operations after the DAO community voted in favor of sunsetting the Lido on Solana protocol.
Per Lido’s blog post on Monday, the process of shutting down Solana staking product will “begin shortly” phasing out....
Lido Finance Sunsets Solana Staking Product After DAO Vote
17.10.2023
The staking service for SOL tokens will be discontinued over the coming months, developers said
Solana Price Prediction as SOL Pumps Up 10% on Spot Bitcoin ETF and FTX Estate Staking Optimism
16.10.2023
Solana (SOL) is the best-performing cryptocurrency in the top 20 by market capitalization in the past 24 hours, as per CoinGecko, with the SOL price having pumped a massive near 10% on the day....
Read More: Solana Price Prediction as SOL Pumps Up 10% on Spot Bitcoin ETF and FTX Estate Staking...
Investor Demand for Ether Staking Yields Has Slowed: Coinbase
16.10.2023
Staking yields have dropped to 3.5% from above 5% in the last few months, the report said
FTX Estate Stakes 5.5 Million SOL; Millions Locked Until 2028
14.10.2023
Blockchain records have shed light on a development involving the trustees of the now-defunct exchange FTX, who are overseeing its bankruptcy proceedings. They have committed 5.5 million solana (SOL) for staking. Meanwhile, the current market value of FTX’s total solana assets is a hefty...
Ethereum price drops to a 7-month low as data points to more downside
13.10.2023
Eth price is at risk of trading below a key price support and multiple data point point to a bearish outlook for the altcoin’s price
Today in Crypto: Swarm Launches EU-compliant KYC Solution for Tokenized Securities, CoinList Reveals Fund for US Investors to Stake Crypto
13.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Swarm Launches EU-compliant KYC Solution for Tokenized Securities, CoinList Reveals Fund for US Investors...
Frax Finance's Fed Yield-Matching Staking Vault Attracts $30M, FXS Steady
13.10.2023
Early Thursday, Frax unveiled sFRAX staking vault, allowing users to take advantage of higher interest rates in the U.S