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Liquid Staking Absorbs 400,000 ETH, Closing in on 14M Mark


According to the latest figures, over the past 38 days, starting from Aug. 10, 2024, the total value locked in decentralized finance (defi) protocols has slipped by $5.07 billion. Despite this decrease, ethereum continues to pour into liquid staking derivative (LSD) platforms, with 29 distinct LSDs...

The Rise of Layer-2 Solutions for Ethereum Scalability


Introduction to Ethereum’s Scalability Problem Ethereum is one of the most popular blockchain platforms, widely used for decentralized applications (dApps) […] The post The Rise of Layer-2 Solutions for Ethereum Scalability appeared first on

Bitfarms Hits Back at Riot Platforms’ Alleged Misleading Claims


Bitcoin mining firm Bitfarms has responded to Riot Platforms’ allegedly misleading statements about a special meeting and potential acquisition. Bitfarms claimed that Riot refused to engage constructively and is attempting to buy Bitfarms at a discount for its own shareholders’ benefit....

Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm


Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings Ltd., a blockchain firm led by Mike Novogratz, has offered to provide Rhodium with...

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