In the crypto world, trust is a fickle currency. At the first sign of trouble, many investors who are afraid of losing their profit or capital can desert any project. Sometimes those that suck it up a...
Tag: Stakers
Ankr Launches ANKR Token Staking, Allowing Stakers To Earn Rewards Across All RPC Requests on the Ankr Network
Share this article Ankr, one of the world’s leading Web3 infrastructure providers, is thrilled to announce a novel implementation of staking to an array of node providers on Ankr Network, the increasi...
Ethereum Drops As The Stakers Prepare For The Merge
Ethereum has noted its four year low on the exchange. Over the past few days, Ethereum held on exchanges has dropped by 10% from 21.191 million. The second largest cryptocurrency, Ethereum, hit a four...
Ethereum Held on Exchanges Plunges as Stakers Prepare for The Merge
Yesterday, Ethereum (ETH) held on exchanges hit a four-year low following record staking figures on Ethereum 2.0 (the network’s incoming upgrade, recently rebranded to “Consensus Layer”). Centralized ...
Ethereum stakers can now natively select InfStones as a verified node operator on Swell » CryptoNinjas
Swell Network (Swell), a permissionless, non-custodial, and liquid Ethereum (ETH) staking protocol, announced today a strategic partnership with InfStones, a provider of decentralized blockchain infra...
Ethereum 2.0 stakers face a 36.5% larger loss than ETH spot investors — Report
Ethereum investors who staked millions of dollars worth of Ether (ETH) tokens to become validators on its soon-to-launch proof-of-stake (PoS) network are now facing heavy paper losses. Ether spot trad...
Ethereum 2.0 Stakers Sitting on an Unrealized Average Loss of 55%: Report
Ethereum is prepping for the much-anticipated Merge. Delays and setbacks aside, the total value locked in ETH 2.0 deposit contract continues to record new highs. As of July 5, the number of staking ET...
Only 17% of Ethereum stakers are in profit as validator deposits decline
83% of Ethereum (ETH) stakers are underwater as the digital asset continues to trade at around $1000, Glassnode reported on July 6. Source: Glassnode Parsec Finance founder Will Sheehan first revealed...
Majority of Ethereum 2.0 Stakers Underwater as Bear Market Continues
Ethereum 2.0 stakers are feeling the full weight of the ongoing bear market, with the vast majority of them now being “firmly underwater” on their positions, according to a new report from blockchain ...
More Than 80% Ethereum Stakers in Loss Due to Recent Price Fall
42 seconds ago | 2 mins read Altcoin News Only 17% of Ethereum investors are making money. ETH is now trading at $1056, a distance of 79% from its all-time high price. A figure from Will Sheehan, the ...
Only 17% Of Ethereum Stakers Under This Price level Are In Profit
Ethereum, World’s second cryptocurrency has been following the downtrend since the beginning of the year. Meanwhile, the majority of the investors who stoked their ETH on the beacon chain are now hold...
More Than 80% of Ethereum Stakers Are in the Red
Just a small minority of investors that staked Ethereum on the Beacon Chain are still in profit as the asset continues to tumble. A whopping 83% of Ethereum stakers are now underwater, according to re...
LUNA 2.0 stakers to decide on future of Luna Classic and re-enable IBC
? Want to work with us? CryptoSlate is hiring for a handful of positions! The governance system of LUNA 2.0 is being used to decide on the future of the legacy chain, Luna Classic. Instead of using on...
75% Among New Stakers on Lido Finance Joined Through Staking Protocol
The growth of staking on Beacon Chain is increasing because of the Ethereum Merge. Many stakers on the consensus layer have done so through Lido Finance. The project in its recent blog post disc...
75% of New Stakers on Lido Finance Joined via Staking Project in Past Month
Staking on Beacon Chain has been booming due to the much-awaited Ethereum Merge despite delays. A major chunk of new stakers on the consensus layer have done so using Lido Finance. In the latest blog ...
>1.17M stakers for Cardano, but what else should ADA holders know about
Here, it is interesting to note that ADA holders had 68.3% of the total supply staked by the end of February. However, ETH had just 7.92% for the same. The total number of stakers on Ethereum was 54,7...
Cardano Stakers Led Ethereum by 2,000% in February 2022
The launch of the Cardano Alonzo hard fork upgrade in September 2021 triggered smart contracts that facilitate the creation of decentralized applications (dApps). Demand for its native asset, ADA for ...
Internal Revenue Service Moves to Dismiss Lawsuit by Tezos Stakers Who Refused Refund
The Internal Revenue Service argues Joshua and Jessica Jarrett had no right to refuse the refund of almost $4,000 Experts claim that this amount was paid and therefore the case should be dropped Joshu...
Cardano, Avalanche, Cosmos and Three Additional Altcoins Have Biggest Potential for Stakers This Year, According to Coin Bureau
The host of popular crypto channel Coin Bureau is laying out his top picks for proof-of-stake (POS) crypto assets where people can earn rewards and passive income. In a new video, the pseudonymous ana...
Miners Stakers are Not Brokers, Says Treasury Department
The meaning of representative is set to prohibit diggers and stakers The Treasury sent a letter to Senators on Friday to refresh Senators on the advancement of revising the expression representative S...
Miners & Stakers are Not Brokers, Says Treasury Department
Miners and stakers in the U.S. would have breathed a collective sigh of relief as the U.S. Treasury exempts them from reporting transaction information to the Internal Revenue Service. The U.S. Treasu...
The IRS’ Reporting Requirements For Brokers Won’t Affect Crypto Miners & Stakers
The infamous Infrastructure Bill put the IRS in a difficult situation. The bill gave the organization incredible fund tracking superpowers. The thing is, the measurements were impossible to enforce. N...
US Treasury reiterates that the IRS won’t consider crypto miners, stakers or coders to be brokers
In a February 11 letter seen by The Block, the Treasury reassured six concerned senators that it did not plan to treat crypto miners, stakers and wallet providers as brokers for tax purposes. “E...
Big Relief for Crypto Stakers and Miners, IRS Won’t Tax Unsold Crypto Tokens
Crypto Stakers and miners could finally breathe a major sigh of relief as the IRS has decided not to tax unrealized gains derived from crypto staking or mining digital assets. This has been a major re...