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Balancer protocol exploited for $900K as DeFi hacks mount: Finance Redefined
1.9.2023
DeFi exploits resulted in losses of over $16 million in August
Major Ethereum Staking Providers Promise Not to Own More Than 22% of Validators
1.9.2023
In an effort to maintain the decentralized nature of the Ethereum (ETH) network, several prominent liquid staking providers have implemented or are in the process of implementing a self-limit rule.
The rule ensures that these providers will not own more than 22% of the Ethereum staking market...
Ethereum staking services agree to 22% limit of all validators
1.9.2023
The 22% self-limit rule ensures at least four major staking entities would need to collude in order for the chain to reach finalization
Play-to-Earn Meme Coin Tamadoge Begins a Major Marketing Push to Secure Top CEX Listings – Staking Launches Today
31.8.2023
Thursday, August 31, 2023 – Web3 play-to-earn (P2E) meme coin gaming platform Tamadoge is launching a major marketing push that will include the promotion of new staking and burn features as the team targets more top exchange listings.
Staking begins today, Thursday, August 31.
It is a flexible...
Over 680,000 Ethereum Added to Liquid Staking Protocols in Just 28 Days
26.8.2023
In less than a month, despite a downturn in cryptocurrency markets, over 680,000 ethereum (ETH) has been added to liquid staking derivatives protocols. Lido Finance, the leading liquid staking platform, experienced a supply increase of 5.94%, surging from 7.91 million to 8.38 million ETH since July...
Ethereum Staking Flourishes While Value of DeFi Assets Shrinks – What's Going On?
26.8.2023
Ethereum (ETH) staking has been flourishing through protocols like Lido and Coinbase's staking service even as the value of DeFi assets continues to decline.
Over the past year, the crypto sector has experienced a series of setbacks, including failures of centralized crypto exchanges and services...
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:...