Tagged: staking

Ethereum (ETH) Surges to Year-to-Date High of $500+, but Eth 2.0 Upgrade Experiences Challenges: Report

The Ethereum (ETH) price is up around 25% during the month of November 2020. ETH, the world’s second-largest cryptocurrency by market cap and adoption, is trading at a little over $500 at the time of writing. During this past week, Ethereum managed to reach a… Read More

Binance Launchpool Introduces the Unifi Protocol DAO, a Multi-Chain Smart Contract based DeFi Solution

Binance Launchpool, a new project designed to bring the decentralized finance (DeFi) experience to the crypto exchange’s users, has introduced a project, called Unifi Protocol DAO (distributed autonomous organization), which is “a working multi-chain smart-contract based DeFi solution.” As explained by the Binance team, Unifi… Read More

Ethereum as a Service Platform SKALE Network to Use Custody Support Services from Finoa for SKALE’s Native Token

Finoa has partnered with Skale Labs in order to offer institutional-grade custody support for SKALE, which is the native token that’s used to power the SKALE Network. The SKALE Network is an Ethereum-as-a-service platform that has been developed to support the “exponential” growth of the… Read More

Elevated Returns, Affiliate of Aspen Digital, Partners with BlockFi on Tokenized Asset Lending

Digital asset firm BlockFi has announced an agreement with asset management and tokenization firm Elevated Returns to provide lending facilities against digital assets issued within the Elevated Returns group of companies. Elevated Returns is the manager of Aspen Digital – a corporation that has been… Read More

Decentralized Governance: DeFi Platform Aave to Migrate Ownership of Protocol to the Governance of Smart Contracts

The developers of Aave, an open-source and non-custodial decentralized finance (DeFi) protocol for earning interest on digital asset deposits while also being able to borrow assets, noted that it wasn’t too long ago that the Aave governance protocol went live on the Ethereum mainnet. The… Read More

Dr. Amrit Kumar: President at Zilliqa Explains How Platform’s Scilla Smart Contract Language Is Used to Develop Secure Applications

We recently caught up with Dr. Amrit Kumar, President and Chief Scientific Officer of Zilliqa, an enterprise-grade blockchain development platform. Many of the more popular iterations of blockchain are not sufficiently robust to handle the high transaction rates needed today – not to mention what… Read More

DeFi Platform MANTRA DAO Launches Validator Node for Cosmos Ecosystem, Users May Earn KAVA and HARD Tokens

MANTRA DAO (distributed autonomous organization), a community-governed decentralized finance (DeFi) platform that aims to make staking, lending, and governance more accessible to traders and investors, has launched its first (transaction) validator in the Cosmos ecosystem. MANTRA DAO’s new validator node will allow users to earn… Read More

DeFi Protocol MANTRA DAO Launches its Third Staking Pool and OM Token Liquidity Mining Program

MANTRA DAO (distributed autonomous organization), a community-governed decentralized finance (DeFi) platform that aims to make staking, lending, and governance more accessible to traders and investors, has announced the launch of MANTRA DAO’s third staking pool. The MANTRA team is also offering an OM (its native… Read More

Over 2,800 CoinList Users Contributed $54 Million in Ethereum (ETH) that’s Locked Up Across NuCypher’s Newly Launched Mainnet

The CoinList team confirms that on October 15, 2020, their friends at NuCypher were able to launch their mainnet, bringing the NuCypher WorkLock period on CoinList to “a successful end.” CoinList noted that participants in the WorkLock were able to stake their Ethereum (ETH) directly… Read More

Qtum Founder Patrick Dai Confirms that Blockchain Platform’s Developers are Working to Increase Network Speed for DeFi Apps

The developers of Qtum (QTUM), a platform for creating decentralized applications that aims to leverage certain technical aspects related to the security of the Bitcoin (BTC) network while providing smart contract functionality (somewhat similar to Ethereum), have confirmed that the month of September 2020 continued… Read More

Digital Asset Exchange Bitfinex Introduces Staking Rewards for Cardano (ADA)

Bitfinex, a major digital asset exchange, will be introducing staking rewards for ADA, the native crypto token of Cardano, a blockchain-based platform for developing decentralized applications (dApps). According to the Cardano team, which is led by its founder Charles Hoskinson, the distributed ledger tech (DLT)… Read More

DeFi Protocol MANTRA DAO Announces Launch of Its Digital Assets Staking Platform

The developers at MANTRA DAO, a community-governed decentralized finance (DeFi) platform that aims to make staking, lending, and governance more accessible to traders and investors, have confirmed that they’ve officially launched their staking platform. The MANTRA DAO team noted that they’re pleased to announce that… Read More

AI and Machine Learning Network Fetch.ai Claims its FET Token Hasn’t Been As Badly Impacted as Others After $280 Million KuCoin Hack

AI and machine learning network Fetch.ai has noted that following the events of the recent KuCoin exchange hack this past weekend (which led to around $280 million in crypto tokens being stolen, a lot higher than the previous $150 million estimate), they’re now watching developments… Read More

Coinbase Users May Earn 5% APY in Certain Jurisdictions by Staking Cosmos (ATOM) Tokens via Platform

San Francisco-based crypto exchange Coinbase has introduced Cosmos (ATOM) staking rewards. The leading digital currency trading platform announced on September 29, 2020 that it will be allowing certain eligible customers to “easily start earning 5% APY” on their Cosmos (ATOM) held on Coinbase. The Coinbase… Read More

Binance Launchpool Introduces Venus Protocol, a DeFi focused Money Market Lending and Credit System

Binance Launchpool, which is managed by Binance, the world’s largest digital asset exchange, has introduced the Venus Protocol (XVS), which is described as an algorithmic money market system developed “to bring a complete decentralized finance-based lending and credit system” onto Binance Smart Chain (a blockchain… Read More

Matic, which Supports Secure, Instant Crypto Transactions, Verified by Ethereum, Announces Major Updates

Matic, a platform that aims to facilitate secure, scalable, and instant transactions that are verified by the Ethereum (ETH) blockchain network, has announced new project updates. The Matic developers claim that their project has been making steady progress after it was introduced via Binance Launchpad… Read More

Kyber Network, a Decentralized Ethereum Token Exchange Protocol, Reports Challenges Due to High ETH Gas Fees

The team at Kyber Network (KNC), which allows users to exchange Ethereum (ETH) and other ERC-20 compliant tokens in a decentralized manner, recently announced several updates to their protocol and platform. The Kyber Network team noted in a blog post: “What a crazy few weeks… Read More

Band Protocol Token Holders May Now Stake Digital Assets on DeFi Platform MANTRA DAO

MANTRA DAO (distributed autonomous organization), a community-governed decentralized finance (DeFi) platform that aims to make staking, lending, and governance more accessible to traders and investors, has announced its first Cosmos ecosystem partnership. MANTRA DAO has teamed up with Band Protocol, a cross-chain data oracle platform… Read More

IRISnet Confirms Involvement in China’s Blockchain Service Network, Project’s Tokens Supported on Binance, Crypto.com, Gate.io, Huobi

IRISnet, which aims to serve as an interchain service hub for next-generation distributed applications, confirms that China’s public blockchain network BSN recently launched the new BSN Global Portal. IRISnet will be one of the partners that will contribute to the project. The IRISnet team is… Read More

Digital Asset Exchange Huobi to Launch Decentralized Finance Mining Campaign

Huobi Global, a leading digital asset company, will be launching a decentralized finance (DeFi) mining campaign with Phase I, which will involve staking Huobi Token (HT) and the Huobi Pool Token (HPT). Huobi noted that users may stake tokens so that they can share mining… Read More

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