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Bitstamp to end Ethereum staking for U.S. customers in September
25.8.2023
The main focus of the discussion is the decision of cryptocurrency exchange Bitstamp to stop offering Ethereum (ETH) staking services to U.S. clients. In staking, rewards are earned by holding and confirming Bitcoin transactions on a proof-of-stake blockchain network. Bitstamp has decided to cease...
Today in Crypto: Sinapore's Banking Giant DBS Unveils Its Metaverse Concept, UK Explores 'Best Way' to Ban Cold Calling for All Financial Products Including Crypto, SBF's Layers Can 'Make Unlimited Advantage of Visitation Hours'
24.8.2023
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: Sinapore's Banking Giant DBS Unveils Its Metaverse Concept, UK Explores 'Best Way' to Ban Cold Calling...
FTX files motion for Galaxy Digital to manage recovered crypto holdings
24.8.2023
Galaxy Digital set to manage the sale of bankrupt FTX’s crypto holdings and facilitate staking of certain tokens to generate passive yield
Bitstamp to halt Ether staking offerings in the US
24.8.2023
A well-known cryptocurrency exchange platform called Bitstamp will stop offering its Ether staking service to all US customers as of next month. Bitstamp announced that they would stop offering staking services to customers in the United States as of September 25, 2023. Bobby Zagotta,...
Bitstamp to Stop Ether Staking in U.S. Amid Regulatory Scrutiny
24.8.2023
The Luxembourg-based exchange said that all other services will remain unaffected
Bitstamp Halts ETH Staking for US Customers Amid Regulatory Uncertainty
24.8.2023
In a move fueled by increasing regulatory uncertainty in the United States, global cryptocurrency exchange Bitstamp has announced to terminate Ethereum staking service for US users.
The exchange has set September 25 as the deadline for users to earn rewards on their staked assets, after which...
Bitstamp halts ETH staking in the United States
23.8.2023
The crypto exchange is ending staking services for U.S.-based users on Sep. 25; the decision came a few weeks after Bitstamp halted trading for seven altcoins in the country
Ether Staking Demand Remains Unfazed as EigenLayer 100k ETH Cap Limit Filled Within Hours
23.8.2023
Seattle-based decentralized finance (DeFi) platform EigenLayer has experienced a 207% surge in total value locked (TVL) after it raised its liquid restaking caps to 100,000 staked ether (stETH)
Ethereum Gears Up for ‘Holesky’ Testnet Launch With 1.6 Billion Testnet Ether
19.8.2023
Ethereum developers plan to roll out a new testnet named Holesky, intending to bring 1.6 billion Holesky testnet ether to the network. The core devs of Ethereum highlighted that 1.4 million validators were evaluated for Holesky, with the aim of enhancing the blockchain’s comprehensive...
Despite Crypto Crash Wall Street Memes Coin Hits $25m as 2023’s Biggest Presale Raises $350k in 12 Hours, Staking Starts and CEX Listing Date Revealed
18.8.2023
Friday, August 18, 2023 – Despite the ongoing crypto crash, the Wall Street Memes coin has raised $25 million in its presale and today officially announces its new staking service and top-tier exchange listings coming on September 27th....
Read More: Despite Crypto Crash Wall Street Memes Coin Hits...
Ethereum 'Restaking' Takes Shape as Next Big Trend in Blockchain Security
17.8.2023
EigenLayer’s platform for "restaking" is designed to extend Ethereum’s pooled security from ETH stakers to other blockchain systems – a way for developers to bootstrap new networks without having to create their own communities of network validators
Canada’s regulatory clarity is bringing institutions to crypto - WonderFi CEO
16.8.2023
Dean Skurka stated that although regulations have increased cost, they have also led to greater interest in crypto from institutions
Shiba Inu Price Pumps 14% in 7 Days While Wall Street Memes Coin Races Toward $25m, Announces Staking Coming Soon
15.8.2023
Tuesday, August 15, 2023 – The Shiba Inu price has gained 14% in seven days, but Wall Street Memes coin has raised nearly $25 million in its presale and today announces that staking will soon be available.
Wall Street Memes aims to be the king of meme coins as well as the king of stonks, but it...
Defi Market Rebounds: Value Locked Rises to Nearly $42 Billion, Token Market Swells
13.8.2023
On the verge of dipping below the $40 billion mark on August 2, the overall value locked in decentralized finance (defi) has made a comeback, rising to over $41 billion. Additionally, the defi crypto sector has swelled to $45.08 billion, reflecting a 6.17% rise in just a day. Defi Resurgence:...
Binance Labs Fuels Helio Protocol's Liquid Staking Pivot with $10M Investment in LSDfi Expansion
13.8.2023
Binance Labs, the venture arm of Binance, injected $10 million into Helio Protocol on August 11th. This investment supports Helio Protocol's ongoing shift towards becoming a liquid staking platform.
The substantial funding from Binance Labs highlights Helio Protocol's promising potential...
Rebase Tokens: A Stunning Collapse From $8 Billion to $351 Million in 20 Months
12.8.2023
The crypto winter inflicted a brutal toll on the digital currency landscape, leaving numerous coins with values utterly obliterated. Within this ravaged financial terrain, one specific category — rebase tokens — suffered a tremendous deflation in worth over the previous 20 months. In a stark...
Base’s Rapid Ascent: 136,000 Daily Users and $175 Million TVL in Ethereum’s L2 Defi Space
11.8.2023
Base, the Ethereum layer two (L2) scaling solution supported by Coinbase, has experienced over $175 million funneled into its decentralized finance (defi) protocol since its creation. The majority of value locked comprises 75,244 ether and nearly $26 million worth of the USDC stablecoin....
The next big leap for Ethereum liquid staking: The staking landscape
11.8.2023
It is essential that we engage in extensive research and relentlessly test and build solutions that help solve these challenges and build a resilient architecture
The next big leap for Ethereum liquid staking: The staking landscape
11.8.2023
It is essential that we engage in extensive research and relentlessly test and build solutions that help solve these challenges and build a resilient architecture
Bitcoin Network’s Inherent Properties Can Be Leveraged to ‘Enhance the Security of PoS Chains’ — Babylon Chain CTO
11.8.2023
Fisher Yu, the co-founder and chief technology officer (CTO) at the bitcoin staking protocol Babylon Chain, has argued that when staking bitcoin, stakers “do not need to trust or give their bitcoins to any third parties.” According to Yu, such an attribute helps to “eliminate...