The world’s largest liquid staking platform, Lido, has hit a new milestone for the amount of staked Ethereum. An upcoming Ethereum upgrade will allow the testing of staking reward withdrawals. On Feb....
Tag: staking
Lido presents plan for Version 2, adding staking withdrawals and more
Lido Finance finished the design for the second version of its protocol, which will bring in support for Ethereum staking withdrawals post-Shanghai and rework the Staking Router in a way that should b...
Digital bank Revolut launches crypto staking for UK and EEA customers: Report
United Kingdom-based neo-banking platform Revolut, which boasts 25 million customers globally, has introduced crypto staking to its U.K. and European Economic Area (EEA) customers. According to a rep...
Bitrue Introduces Staking for Cardano Stablecoin DJED with 50% APY
The scheme also includes SHEN, the dedicated reserve currency for the stablecoin. Bitrue, a prominent Singapore-based cryptocurrency exchange, and financial products company, has introduced staking fo...
Revolut To Roll Out Crypto Staking Service for Ethereum (ETH), Cardano (ADA) and Two More Altcoins: Report
UK-based banking app Revolut is soft-launching customer crypto staking for four prominent altcoins. According to a new report by Altfi, London-based Revolut is introducing crypto staking for Polkadot ...
All Eyes on Liquid Staking Derivatives as Shanghai Upgrade Nears
The Ethereum Shanghai hard fork is less than two months away, and liquid staking derivatives (LSD) are gaining momentum in the cryptocurrency market. Following Shanghai, users can withdraw ether locke...
Top ten smart contract platforms by staking market cap as of February 2023
Staking in cryptocurrency is gaining popularity over its ability to offer investors benefits such as passive income. Therefore, several crypto projects are dominating this area based on the value stak...
Dummies’ Guide to Ethereum Liquid Staking – Cryptopolitan
By staking 32 ETH for the Ethereum Merge (the transition of Ethereum from Proof of Work, to Proof of Stake consensus) the tokens are effectively locked away for an undetermined amount of time. Liquid ...
Utopia ecosystem strengthening with higher staking balance
Utopia announces a significant increase in the minimum staking balance for its mining nodes, from 32 CRP to 64 CRP per thread. The change, set to take effect on March 1st, 2023, is a strategic move ai...
Zhejiang Testnet For Ethereum Staking Withdrawal Goes Live
A recent update has revealed an additional development on Ethereum. Besides the much anticipated Shanghai and Capella upgrades coming sometime in March. According to an Ethereum developer, the Zhenji...
Apecoin [APE] staking might have been its undoing in Q4 2022, new report shows
APE suffered a drop in new holders after the launch of APE staking in Q4 2022. Krill accounts held 70.5% of APE’s total supply by the end of Q4 2022. A persistent decline in Apecoin’s [APE] value in Q...
DeFi Startup TheADA Sets to Boost Accessibility to NFT Staking
Advertisement     TheADA, a DeFi startup seeking to build a decentralized and scalable protocol for NFT staking, revealed it is on a relentless mission to make NFT sta...
Ethereum staking withdrawal testnet Zhejiang to go online Feb. 1
According to a Jan. 31 post by Ethereum Foundation developer Parithosh Jayanthi, the “Zhejiang” public withdrawal testnet will launch on Feb. 1 at 3:00 pm UTC. Six days after Zhejiang, the Shanghai an...
Ethereum staking withdrawal testnet ‘Zhejiang’ set to launch Wednesday
A testnet that will demonstrate Ethereum staking withdrawals is set to go live on Wednesday, according to statements from developers on Jan. 30. Ethereum Foundation members Parithosh Jayanthi and Barn...
Ethereum Staking Withdrawal Testnet For Shanghai Launching
The Zhejiang public testnet is going live on Feb. 1 at 15.00 UTC, according to an Ethereum developer who posted the update on Jan. 31. The testnet will give users a first taste of the withdrawal proce...
Ethereum staking withdrawal testnet for Shanghai upgrade goes live tomorrow
Ethereum staking testnet Zhejiang is going live tomorrow and will give users the first preview of what the withdrawal process and functionality will be like after the Shanghai upgrade. The testn...
Bitcoin Suisse to offer Ethereum Liquid staking for Swiss Market and joins Liquid Collective
Leading Swiss crypto platform Bitcoin Suisse joined Liquid Collective to offer Ethereum liquid staking on its platform. Its clients will be able to stake Ethereum through Liquid Collective and w...
Smart Stake discontinues validator and staking service on SecretNetwork
Smart Stake has announced the discontinuation of its node validator and staking service support for SecretNetwork from Feb. 21. The project cites complex and stressful validator operations as part of ...
Is Lido’s dominance in the liquid staking market at risk? Recent data suggests…
Lido’s market share declines as Coinbase enters the liquid staking market. Competitors offer better APR rates and declining network growth affects the Lido token. According to Delphi Digital’s recent ...
Top 3 Liquid Staking Derivatives Tokens Below $50M Market Cap To Watch In January 2023
It implies “flexible staking,” which enables users to stake their coins while still maintaining the possibility of trading them. Liquid Staking Derivatives Tokens have a total market capitalization of...
Fresh Ethereum Staking Index Wants To Promote Decentralization
Index Coop, a company that designs structured products on Ethereum, has launched a Diversified Staked ETH (dsETH) index — a tokenized strategy that proponents say will provide its users with a more su...
XRP staking scam | Blockchain News
The cryptocurrency community has raised flags about a new fraud targeting XRP (XRP) investors via a phoney staking scheme. Online fraudsters are mimicking big cryptocurrency organisations like Ripple ...
Marinade Finance announces rewards to boost liquid staking on Solana
Marinade Finance, a liquid staking protocol for the Solana blockchain, has announced a token incentive program to reward users who deposit their solana (SOL) coins in exchange for a liquid staking der...
Vitalik Buterin closes seven-month short trade on RAI token, netting $92,000
Ethereum co-founder Vitalik Buterin closed a seven-month short position on the non-pegged purported stablecoin RAI, netting a cool $92,000, according to on-chain records. Buterin took the trade ...
Veteran Trader Says Ethereum Staking Project Is About To Enter Price Discovery Against Bitcoin, Warns Not To Fade Strong Altcoins
A widely followed analyst believes that Ethereum (ETH) staking service Lido (LDO) will likely continue its bullish ascent against Bitcoin (BTC) and the US dollar. Pseudonymous crypto strategist Kaleo ...
ETH staking service providers’ dominance is concerning, here’s why
70% of Ethereum staked is controlled by staking services, which has raised concerns about decentralization. Revenue generated by Ethereum has increased despite a decline in trading activity. According...
Revolutionizing The Liquid Staking Derivatives Industry
Liquid Staking Derivatives (LSD) is a relatively new industry that is disrupting how people earn rewards and how they interact with financial products. Token holders are given a derivative for their o...
Ethereum Staking Reaches $16.16 million ETH Ahead of Shanghai Upgrade
According to Glassnode on-chain data, Ethereum staking has reached an all-time high of 16.16 million ETH worth $26.41 million, which has been deposited into the beacon chain. In other words, 16.101 mi...
Ethereum Staking Services Make Up 70% Of Staked ETH Supply
Data shows more than 70% of the total staked Ethereum supply is contributed by staking services, with Lido accounting for the most amount. Ethereum Staking Service Providers Have Locked In A Total Of ...
TRON liquidity staking new update is here, but will it favor TRX bulls?
Despite updates regarding liquidity staking, TRX’s price was declining. A few of the metrics were in the buyers’ favor while the market indicators were bearish. Justin Sun, the founder of TRON [TRX] ...
Terra Classic (LUNC) Staking and Price Surge in Last Week
The stake of total Terra Classic (LUNC) reached 900 Billion. That was due to the utility slowly returning to the blockchain. Major efforts from the Terra Classic community including developers groups ...