Tagged: staking

Kraken Is Offering 4.75% Yearly for Staking ALGO Tokens

Digital assets firm Kraken is pleased to confirm that it now supports staking for holders of Algorand’s native token, ALGO. You may head into the Earn section of your account to “put your ALGO to work today.” What is Algorand? Algorand is a Proof-of-Stake (PoS)… Read More

FLOW Trading And Staking Now Available to US Residents via CoinList

The team at CoinList notes that they’re pleased to confirm that beginning on October 16, 2021, FLOW trading and staking is available to US residents via CoinList, CoinList Pro, and the CoinList mobile app. FLOW is a proof-of-stake blockchain that rewards network participants for helping… Read More

MyEtherWallet or MEW Provides First Mobile Staking Experience on SKALE Network

MEW (MyEtherWallet), the platform for accessing the Ethereum ecosystem, announced that users are able to earn rewards by staking their SKALE (SKL) tokens from within the MEW wallet mobile app. Skale Network is described as a “fully” decentralized Ethereum compatible multichain Proof of Stake network… Read More

Divi Launches Mobile Wallet in the UK to Support Mainstream Adoption of Virtual Currencies

“Crypto Made Easy” pioneer Divi says that it has taken a step towards its mission to develop a completely decentralized, private payment service that will support the mass adoption of virtual currencies, with the UK launch of its user-friendly mobile wallet. The United Kingdom is… Read More

Acala Introduces Liquid Staking Product for Polkadot (DOT), Kusama (KSM) with Assistance from Blockdaemon

Acala, the decentralized finance (DeFi) network and liquidity hub of Polkadot, reveals that it has formed a partnership with Blockdaemon, a blockchain or DLT  infrastructure provider, in order to support its newly-developed staking derivatives for Polkadot (DOT) and Kusama (KSM). As noted in an update… Read More

Litigation Funding Provider Liti Capital Announces Staking for wLITI Token

Liti Capital, a Swiss-based litigation funding provider, has launched staking for its wLITI token. As of Sept. 13, wLITI token holders will be able to stake their tokens and receive wLITI in return. “Staking is a crucial tool to be attractive in the DeFi space and to… Read More

Cabital, a Firm that Helps You Generate Income on Crypto, Raises $4 Million in Seed Funding

Cabital, a crypto exchange, wallet, and yield platform, has raised $4 million in seed funding according to a note from the company. Investors include SIG, Dragonfly, and GSR. The post-money valuation was pegged at $40 million. Cabital reports that it previously raised $3 million in… Read More

Sameep Singhania: Founding Member at QuickSwap, an Ethereum based Layer-2 DEX, Explains how Platform Derives Power from Polygon

We recently connected with Sameep Singhania, Founder and Director at Ginete Technologies and also the founding member at QuickSwap, which is described as a next-generation, layer-2 DEX (or non-custodial or decentralized exchange). Sameep told us that layer-2 blockchain solutions have gained massive popularity in recent… Read More

Tezos (XTZ) Selected to Support Smart Contracts for Major European Banks

Tezos (XTZ) has been chosen to enable smart contracts for “leading” European banks, according to a recent update. Crypto Finance Group, InCore Bank, and Inacta announced on August 24, 2021, that they are selecting Tezos for “innovative, compliant on-chain digital financial products.” As mentioned in… Read More

Digital Assets Financial Services Platform Matrixport Introduces Ethereum (ETH) 2.0 Staking Opportunity

Matrixport, Asia’s digital assets financial services platform, has introduced “ETH2.0 Staking Earn,” an offering that enables clients to take part in Ethereum 2.0 (ETH 2.0) staking at a “low threshold,” while earning yield from Ethereum “lock-up rewards.” Through the ETH 2.0 Staking Earn program, participants… Read More

NFT Owners May Raise Capital by Putting Up Their Non-Fungible Tokens as Collateral with Drops

The art and collectible markets are considerably more “liquidity-starved” when compared to the global equity, gold markets, and other assets. And this problem is even more prevalent in the NFT market, which is its early stages of development. It might take a long time to… Read More

NFTs: ApeSwap, a DEX on Binance Smart Chain, Reveals that REVV Motorsport Is Joining ApeSwap Jungle

The team at ApeSwap.Finance, a decentralized or non-custodial exchange on Binance Smart Chain (BSC), reveals that REVV is preparing to join the ApeSwap Jungle. REVV Motorsport is a “play-to-earn” gaming and NFT ecosystem that’s based on Ethereum (ETH), “encompassing some of the most popular performance… Read More

Digital Asset Staking Service Provider Figment Secures $50M from Senator Investment Group, Others

The team at Figment is pleased to confirm that during Q2, they secured $50 million from institutional as well as strategic partners in the “largest funding round to date for any staking provider.” As mentioned in the update from Figment: “Led by Senator Investment Group… Read More

ApeSwap, a Binance Smart Chain based DEX, Teams Up with Lympo, a Platform Developing a Sports NFT Ecosystem

ApeSwap.finance, a decentralized exchange built on the Binance Smart Chain (BSC), is joining forces with Lympo, a platform built on Ethereum that’s developing a sports NFT ecosystem “centered around high-end NFTs created in official collaboration with world-famous athletes and clubs around the world.” As mentioned… Read More

Chris Gonsalves: Community Gaming CEO Reveals How They Worked on Adding Layer 2 Integrations Due to High Gas Fees on Ethereum MainNet

We recently caught up with Chris Gonsalves, CEO at Community Gaming, a platform that combines social gaming, match automation, and blockchain payment technology to make organizing and competing in esports tournaments simple. Chris talked about how Community Gaming allows players to earn crypto and USD… Read More

Jacobo Toll-Messia: Ethereum Scaling Solution Nahmii Founder Reveals They’re Focused on Real-World, Commercial Use-Cases for Blockchain

We recently caught up with Jacobo Toll-Messia, the Founder and CEO at Nahmii AS, which is focused on providing layer-2 scalability solutions for Ethereum (ETH), the world’s largest smart contract platform. Jacobo talked about the different approaches taken to effectively scale enterprise-grade blockchain or distributed… Read More

CoinList to Allow Users to Stake Casper (CSPR) Tokens on Platform and Earn Rewards up to 14% APY

This April, over 34,000 CoinList users reportedly bought $33M in Casper (CSPR) tokens during the Casper Token Sale that was carried out on the digital asset platform. The CoinList team noted in a recent update that they are humbled by “the size and commitment of… Read More

DeFi Ecosystem Persistence Debuts pSTAKEMainnet

Multi-chain DeFi products ecosystem Persistence today launched the mainnet for pSTAKE, its liquid staking solution. In the first phase Cosmos will be supported with such networks as Solana, Polkadot and Ethereum being added later on. pSTAKE is designed to unlock the liquidity of staked assets…. Read More

Ethereum 2.0 Staking Now being Offered by Sygnum Bank, a Digital Asset Banking Platform

Sygnum Bank reveals that it has become one of the first banks to provide Ethereum 2.0 staking support. Customers are able to easily and securely stake Ethereum (ETH) via Sygnum’s institutional-grade banking service which can help with generating a substantial yield of up to 7%… Read More

Kraken Now Offering Solana Trading, Staking in US, Canada, Australia, Covalent Trading Starts July 6 in Certain Areas

Following digital asset firm Kraken’s listing of Solana (SOL) on June 17, 2021 for most jurisdictions, the company is pleased to confirm that Solana trading and staking will be available to US, Canada and Australia residents as well. As mentioned in an update from Kraken:… Read More

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