“It was quite hard to develop because you have these two different blockchains that communicate, the relay chain and parachain, and you also need to redistribute the stake on different validators,” sa...
Tag: staking
5 Top Platforms for Crypto Staking End of May 2022
Cryptocurrency staking is one of the most popular activities in the market. Passive investors are especially attracted to this activity because it allows them to easily earn low-risk returns on their ...
ETH 2.0 Staking Rate Grows to 10.72% as The Merge Approaches – crypto.news
As Ethereum continues its transition to the proof-of-stake consensus mechanism, the number of staking ETH 2.0 deposit contract addresses has reached the level of 12.7 million (more than 10% of altcoin...
Ethereum Staking Dries Up as Steth Loses Balance – Trustnodes
Desire to stake eth has gone down to its lowest level since staking began with the queue to become a validator dwindling. Just 700 individuals/entities are waiting to become a validator currently, dow...
Figment and Chorus One Staking Infrastructure Providers Shun Terra2.0 – crypto.news
Chorus One and Figment Networks have made it clear that they will not be supporting the proposed Terra2.0 blockchain, citing illegitimate voting processes and other irregularities. Chorus One and Figm...
Two big staking companies won’t support Terra’s new blockchain
Two of the largest staking companies will not be supporting the new Terra blockchain, citing concerns over the way the decision-making process was handled. The two are Figment, which had $6 billion in...
WEMIX gains 200%+ after stablecoin and boosted staking rewards announcement
Blockchain-based gaming, also known as GameFi, is an up-and-coming sector that could potentially be one of the primary catalysts for kickstarting the mass adoption of blockchain technology. WEMIX, a g...
Interested In Staking? Don’t Miss Out On These Cryptos
– Advertisement – Staking is a process in crypto that allows token holders to lock up their holding to gain rewards or accumulate interest. It is a form of savings just like in traditional...
NAGAX (NGC) Introduces Bitcoin & Altcoins Staking Feature to Boost Users’ Rewards – crypto.news
NAGAX ($NGC) users can now stake their bitcoin (BTC) as well as supported proof-of-stake (PoS)-based cryptocurrencies on the platform, to enjoy rewards via the new NAGAX staking feature. NAGAX staking...
Staking Companies Figment and Chorus One Say They Would Not Support New Terra Blockchain, Allege Voting Indiscretions
The two staking companies specified that that they would not support Terra 2.0 because of the network’s voting process. Although a good number of crypto-inclined businesses have declared support for t...
NAGAX, a crypto trading platform, rolls out multi-coin staking feature
NAGAX, a cryptocurrency trading platform, has launched its crypto staking service for the most prominent cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Polkadot (DOT), and other famous alt...
Ex-Deutsche Telekom Team Launch Liquid Staking Division at Crypto Custodian Finoa
“It was great working for Deutsche Telekom, with this awesome power behind you and being able to steer it once in a while,” Dittrich said. “But really, the speed at which you can move stuff in a compa...
Cardalonia Updates on Token Sale and Reward for Staking $LONIA
Cardalonia has extended the duration of the Seed Round by 48 hours while sharing the update that the second round would begin immediately after the Seed Round ends. It is considered the factor of comm...
DAOs are Staking Their Idle Treasury Funds For Extra Income Streams
DAOs and the future: As businesses increasingly move away from centralized and profit-above-all models, DAOs will take their place. As DAOs grow, so too will their treasuries, says Simon Furlong, Co-F...
The truth behind the misconceptions holding liquid staking back
Blockchains have relied on proof-of-work (PoW) validation since their inception. Yet the PoW consensus proved to be unsustainable with its high energy usage and its need for fast, powerful hardware cr...
Stake or DApp? With liquid staking, you don’t have to choose
Last summer, Polkadot made its own little bit of history after confirming the first five projects to occupy parachain slots on its canary network Kusama. Disparate blockchains that bolt onto Polkadot’...
Derivative staking rewarding up to 40% to combat bear market
The Dotsama derivative staking platform, Bifrost, has launched a new Rainbow Boost incentive program. The loyalty scheme aims to “incentivize liquid staking and activity on-chain.” Any wallet that par...
5 Best Crypto Platforms for Staking Top Coins
The crypto staking industry is worth over $18 billion and is projected to be worth over $40 billion in 2025 by JP Morgan, following Ethereum’s upgrade to proof of stake (PoS). Following this projectio...
Dvision Network Announces New LAND Staking Feature to Help Bolster Virtual Plot Utility – Press release Bitcoin News
press release PRESS RELEASE. The Dvision Network has recently announced the new ‘LAND Staking Feature’ in their Dvision Metaverse, with the development being finalized to present a new use case to the...
Incentivized $ZKP Staking Testing With 100,000 $ZKP Is Live
Panther Protocol recently released its advanced $ZKP staking testing. Now, users can earn 100,000 $ZKP in rewards on the Zafari Beta. The protocol released an official post to inform users about Advan...
Kiln completes $5 million funding round to grow blockchain staking platform » CryptoNinjas
Kiln, an enterprise-grade staking platform, today announced the completion of a $5 million funding round. The funding round included Third Kind Managing Partner and Andreessen Horowitz board partner S...
Coinbase, Figment back new institutional liquid staking protocol Alluvial
Coinbase and crypto staking firm Figment are supporting the development of a new liquid staking protocol aimed at institutional investors. Coinbase Cloud and Figment will serve as validators on the ne...
Coinbase Backs First Enterprise-grade Liquid Staking Protocol
Coinbase, America’s largest crypto exchange, is venturing deeper into the realm of digital asset staking with its latest pledge of support. The exchange published a company blog post stating that its ...
AXS Staking: All You Need to Know
Staking is a means to earn additional rewards. Also, it ensures the sustainability of a blockchain. There are so many benefits the crypto space offers besides the way it decentralizes everything and e...
How The DeFi Space Has Become A Massive Breeding Ground For Crypto Ponzi Schemes
A large number of recent Ponzi schemes have used decentralized finance (DeFi) infrastructure to defraud their customers. This article explores the DeFi ecosystem and how fraudsters are able to exploit...
Here’s how to Generate Profits from Staking Cryptos during a crash
Since the invention of cryptocurrencies, they have become an important investment tool for many mainstream investors. Digital assets have opened up a new financial system globally, not without risks. ...
Ethereum’s Vitalik Buterin Explains How We Can Prevent Whales from Dominating in Staking
Vladislav Sopov While Ethereum (ETH) inches closer to the mainnet release of its Proof-of-Stake version, DeFi enthusiasts are asking whether ETH2 staking can be protected from whales’ domination...
Germany Declares Crypto Gains Tax-Free After 1 Year — Even if Used for Staking, Lending – Taxes Bitcoin News
The German Ministry of Finance has published a letter officially confirming that the sale of crypto assets is tax-free after one year even if the coins are used for staking and lending. How Crypto Gai...
Harmony ONE Staking: How to Earn Rewards
One of the most anticipated releases among blockchain users is, without a doubt, Harmony (ONE). It’s a decentralized protocol that aims to solve the problem of attaining both scalability and decentral...
Crypto platform Bitpanda introduces staking functionality on 11 cryptocurrencies » CryptoNinjas
European crypto investment platform Bitpanda has now launched Bitpanda Staking, offering users the possibility to earn and generate yield on selected cryptocurrencies. At launch, eleven cryptocurrenci...