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Coinbase Ventures' Strategic Investment Sends Rocket Pool Token Surging
10.8.2023
The investment branch announced today the purchase of an undisclosed amount of Rocket Pool’s native token RPL, which has jumped more than 9% in the past 24 hours
Introducing BTC20: The Green Bitcoin on Ethereum Launching Tomorrow – How to Buy?
9.8.2023
An exciting new “green” version of Bitcoin called BTC20 is about to launch on the Ethereum blockchain, and industry experts are already hailing it as a coin with massive potential.
BTC20 has the same tokenomics design as the original Bitcoin, with a maximum supply of 21 million tokens which follow...
Bitcoin Price Retargets $30,000, But This Ethereum-Based Alternative Could See More Explosive Upside – Staking Starts Today, Lists on DEXs Thursday
9.8.2023
The Bitcoin price (BTC) is rallying to retarget $30,000, but analysts are tipping exciting new Ethereum-based Bitcoin alternative BTC20 for explosive upside when it lists on Thursday 10th.
Staking of the BTC20 token starts later today at 3 pm UTC....
Read More: Bitcoin Price Retargets $30,000...
Brevan Howard Backs Crypto Infrastructure Startup Puffer in $5.5M Round
8.8.2023
The seed round for the liquid staking startup was co-led by Lemniscap and Lightspeed Faction
Mantle Introduces New Governing Body for Treasury Management
7.8.2023
The new layer 2 network passed a governance vote that establishes the Mantle Economics Committee as well as introduces more liquid staking into the ecosystem by authorizing liquid staking protocol Mantle LSD and the allocation of 40,000 ETH from its treasury to stETH
Lido Attracted 10K Ether Stakers to Protocol in July
7.8.2023
The largest staking service provider also crossed $15 billion in total value locked, a level not seen since May 2022
Coinbase Urges Court to Dismiss SEC Case, Claiming Regulator ‘Overstepped’ Its Statutory Authority
4.8.2023
In a motion for judgment filed on August 4, Coinbase hit back against the SEC’s lawsuit alleging it facilitated unregistered trading of securities, arguing the agency lacks authority to regulate digital assets in this way. Coinbase Fights Back Against SEC’s Crypto Exchange Lawsuit In...
The Sandbox implements KYC measures for protocol staking
3.8.2023
Unverified users can still withdraw staked SAND but will be unable to make further deposits
Ether Liquid Staking Protocols Could Double in 2 Years: HashKey
3.8.2023
The amount of staked ether could reach between 31%-45% of the total supply by the end of Q2 2025
How liquid staking can potentially harm the Ethereum ecosystem: HashKey report
3.8.2023
HashKey Capital highlighted risks such as reduced competition, increased risk of censorship, decreased security and collusion by big players
Want passive income? Invest in Polygon, DigiToads, & Cosmos to enjoy staking rewards
1.8.2023
Cryptocurrencies have transformed the investment landscape, offering many unique opportunities for earning passive income beyond the conventional buy-and-hold strategy. One compelling approach is staking, a process that encourages participants to secure a network by holding its tokens and,...
Today in Crypto: FTX Proposes Possible Restart of FTX.com for 'Dotcom Customers', US IRS Says Income From Staking Crypto Must be Reported, Justin Sun Announces Tron-Curve Partnership and Buys $3M Worth of CRV for $2M
1.8.2023
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: FTX Proposes Possible Restart of FTX.com for 'Dotcom Customers', US IRS Says Income From Staking Crypto...
Crypto Staking in the Crosshairs: IRS Unveils New Tax Guidance
1.8.2023
The U.S. Internal Revenue Service (IRS) has issued a decree stating that American citizens drawing income from cryptocurrency staking services must categorize the value of those digital assets as gross income, the moment they officially take possession of the staking reward. IRS Clarifies...
Digital Asset Investors Should Report Crypto Staking Rewards as Taxable Income: IRS
1.8.2023
The US Internal Revenue Service (IRS) has outlined the latest tax guidance that classifies earnings from crypto staking as taxable income.
Per the Revenue Ruling of 2023-14, issued Monday by the IRS, crypto investors must report rewards earned from staking digital assets as gross income, in...
Crypto staking rewards are taxable once received: IRS
1.8.2023
The U.S. tax department will be requiring taxpayers to count staking rewards as gross income at the time they gain "dominion" over the tokens
Nifty News: Yuga Labs to buy metaverse studio, Etihad NFT staking to take off and more
1.8.2023
Roar Studios will be acquired by Yuga Labs as the latter looks to onboard talent for its still-in-development Otherside metaverse
IRS: Crypto Staking Rewards Taxable Once Investor Gets Hands on Tokens
31.7.2023
A cryptocurrency investor rewarded assets for validation activity on a proof-of-stake network should count the rewards as income in the year the investor gets control of those tokens, according to a ruling issued Monday by the Internal Revenue Service (IRS)
Ethereum is about to get crushed by liquid staking tokens
31.7.2023
The popularity of liquid staking tokens could usher in a new age for Ethereum and the rest of cryptocurrency — and play a key role in the new bull market
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...
Shiba Inu storms Canada with a partnership; DigiToads amazes investors with its staking rewards
28.7.2023
Venturing into the cryptocurrency space reveals two standout projects, DigiToads (TOADS) and Shiba Inu (SHIB), gearing toward reshaping the future of meme coins and propelling the adoption of blockchain technology. Shiba Inu recently stormed Canada with a game-changing partnership with Welly,...