Tagged: staking

Staking on Ethereum Network Captures Significant Attention Since “The Merge” – Report

As a fundamental aspect of validating and securing proof of stake (PoS) blockchains, staking on the Ethereum network has captured significant attention since “The Merge,” according to an extensive report from Coin Metrics. The Coin Metrics team notes in their weekly report that currently, over… Read More

Ethereum (ETH) Staking ETP Introduced by ETC Group, Listed on Deutsche Börse XETRA

ETC Group is unveiling its latest ETP listed on Deutsche Börse XETRA, the ETC Group Ethereum Staking ETP (ticker ET32; ISIN DE000A3G90G9), a total return exchange-traded product that tracks the Compass Ethereum Total Return Monthly Index. Specifically tailored to meet the rigorous requirements of institutional… Read More

Binance Labs Invests in Babylon to Support Bitcoin Staking

Binance Labs, the venture capital and incubation arm of Binance has invested in Babylon, a Bitcoin staking protocol that supports the concept of native Bitcoin staking allowing users to stake bitcoins for PoS blockchains and earn yields without any third-party custody, bridge solutions or wrapping… Read More

Coinshares ETP Incorporates Staking Rewards for Ethereum

Coinshares says it now offers an exchange-traded product (ETP) that offers 1.25% staking rewards for Ethereum (Nasdaq Stockholm: CS; US OTCQX: CNSRF). The ETP does not hold a fee. The ETP trades on Nasdaq Stockholm and OTC Markets. Frank Spiteri, Head of Asset Management at… Read More

Binance Labs Invests in Puffer to Enable Decentralized Liquid Restaking

Binance Labs, the venture capital and incubation arm of Binance, has invested in Puffer, a decentralized and permissionless native liquid restaking protocol (nLRP) that combines Ethereum liquid staking with native restaking on EigenLayer. The invested funds will be used “to develop Puffer’s open-source technologies, its… Read More

Digital Assets Staking Tech Firm Kiln Acquires New Funding

Kiln says that it is entering 2024 with confidence, thanks to a $17 million new funding round that was reportedly led by 1kx. Kiln’s management noted that they’re confirming the close of their latest $17 million funding round, which was led by 1kx, along “with… Read More

Digital Assets and DeFi Adoption: Liquid Staking Product xALGO Launches on Avalanche

Folks Finance, the DeFi app on Algorand, continues its expansion into new networks by bringing xALGO into the Avalanche ecosystem. Powered by Wormhole technology, this is reportedly “the first Avalanche-Algorand cross-chain DeFi product available.” xALGO is a liquid staking derivative; “a yield-bearing version of ALGO… Read More

Digital Asset Platform CoinList Reports Steady Growth, Shares Outlook for 2024

This year has been a “true test” for crypto, according to an update from CoinList. Digital asset platform CoinList noted in a blog post that during 2022, the blockchain/DLT industry “faced macroeconomic challenges, scandals, criminal trials, enforcement actions, and a handful of notable collapses and… Read More

Bitcoin Suisse Introduces API Platform for Trading and Staking Intended for Institutional Clients

Bitcoin Suisse, which claims to be the “trusted” Swiss crypto investment partner, today announced the release of a suite of robust Application Programming Interfaces (APIs). These APIs provide access “to trading and staking services, enabling institutional clients to use and create customized crypto offerings, simplify… Read More

HBAR Foundation, Archax to Work on Tokenization Projects, Expand Digital Asset Staking Support

The HBAR Foundation and Archax have shared plans to enhance their partnership by expanding support for HBAR staking, the native cryptocurrency of the Hedera network, as well as the pursuit of further tokenisation projects. Building on the recent addition of HBAR to its crypto spot… Read More

Digital Assets: Netcoins Reports Steady Growth as Crypto Market Recovers

BIGG Digital Assets Inc. (CSE: BIGG), owner of Netcoins as well as Netcoins USA (Netcoins.com), the online crypto trading platform that makes it easy for North Americans to buy, sell, and stake cryptocurrency, is pleased to “update investors on its recent trading and platform performance… Read More

Switzerland’s Bitcoin Suisse to Support Celestia with Custody, Trading, Staking of Crypto Tokens

As the Swiss crypto-financial service provider and one of the “first” worldwide, Bitcoin Suisse announced the full support of Celestia from day 1, “offering custody, trading, and staking of its native token TIA.” TIA’s utility includes interacting “with the network, paying for data availability, providing… Read More

Bitcoin Suisse Offers MATIC Staking Along with Trading and Custody Support

Bitcoin Suisse, the Swiss crypto-finance technology pioneer, announced the integration of MATIC, the primary token of the Polygon ecosystem, into its custodial staking services. Bitcoin Suisse’s expanded Polygon offerings now encompass custodial staking, trading, and custody solutions for MATIC. Staking entries are accessible with “a… Read More

Digital Assets: Komainu and Blockdaemon to Strengthen Staking Offering

Komainu, a regulated digital asset custody service provider built by institutions for institutions, announced that it has partnered with Blockdaemon, an institutional-grade blockchain infrastructure company, to further bolster its staking offering. Komainu’s staking service, “launched in early 2022, has seen significant growth, and this partnership… Read More

CoinList Introduces Staking Fund, Enabling US Accredited Investors to Earn Returns on Digital Assets

CoinList, the crypto launchpad and exchange that provides access to  established crypto assets, has launched a family of staking funds that “allow U.S. accredited investors to earn rewards through investment in a fund whose strategy is to stake digital assets.” At launch, the funds will… Read More

Digital Assets: Solana (SOL) Staking Made Accessible via WalletConnect Support from Blockdaemon

Blockdaemon has added WalletConnect support for Solana, a blockchain known for its speed and cost-effectiveness. WalletConnect is described as being “a secure protocol that simplifies blockchain interactions by eliminating the need for private keys or passwords, enhancing both security and user experience.” Users are now… Read More

Digital Assets, Staking: Ledger Introduces “Earn” Feature to Stake Crypto-Assets, Generate Returns While Maintaining Self Custody of Funds

Ledger recently announced that the ‘Earn’ section is now available to all their users on Ledger Live Desktop. Ledger noted in a blog post that the mobile app will follow soon. As explained in the update from Ledger, the ‘Earn’ section of the Ledger Live… Read More

Coinbase Cloud Joins Kiln On-Chain Platform to Provide Staking for Self-Custodial Crypto Wallets

Enterprise-grade staking platform Kiln announced that Coinbase Cloud has integrated Kiln’s On-Chain Platform into its product offering, “marking a significant milestone for Coinbase Cloud in streamlining and simplifying the Ethereum staking process.” Kiln On-Chain is a suite of smart contracts designed “to connect integrators and… Read More

Digital Assets: Chainlink Staking Platform to Be Upgraded

Staking is a core initiative of Chainlink Economics 2.0 that reportedly aims to “bring a new layer of cryptoeconomic security” to the Chainlink Network. Staking enables ecosystem participants, “such as node operators and community members, to back the performance of oracle services with staked LINK… Read More

DLT Adoption: Built on Cardano, Mithril Prioritizes Security While Improving Chain Synchronization

Built on Cardano, Mithril prioritizes security while “aiming to enhance the efficiency of chain synchronization and state bootstrapping.” As noted in a blog post by IOG, security is of the utmost importance in “any cryptographic protocol for safeguarding the integrity, confidentiality, and authenticity of transactions… Read More

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