Tagged: staking

Digital Asset Firm Kraken Acquires Staked to Promote Growth and Resilience

Kraken, which claims to be one of the largest digital asset platforms, announced it has acquired Staked for “an undisclosed sum.” Staked is described as a non-custodial staking platform that “enables investors in Proof-of-Stake networks to easily and securely compound their holdings.” According to an… Read More

Digital Asset Platform CoinList Announces pStake Token Sale

Digital asset platform CoinList is pleased to confirm that registrations for the pSTAKE Token Sale are currently open. pSTAKE is the protocol that “unlocks liquidity for your staked assets,” the update from CoinList explained. The company also mentioned that with pSTAKE, you can “stake your… Read More

CloseCross Study: 1 in 6 Crypto Investors Lose Money

While more than four out of five serious regular crypto traders are making money in the markets, one in six are losing it, research from blockchain-based derivatives trading platform CloseCross claims. Its study among crypto traders across six major economies who stake at least $5,000… Read More

Coinbase has Over $30B in Digital Assets Staked Across 25 Protocols As of Nov 2021: Report

Aaron Henshaw, Head of Coinbase Cloud Engineering, says that it’s no secret that crypto is gaining mainstream appeal, with the international cryptocurrency market cap reaching an all-time high of $3 trillion for the first time, the total value locked in DeFi reaching $250 billion, and… Read More

Lendingblock Unveils New Boost Tier Requirements, Bronze Starts at 413,095 LND

Digital asset lending infrastructure developer Lendingblock this week released new requirements for their LND Boost tiers. They are effective Dec. 1. Boost tiers are staking devices that come with rewards, with greater benefits coming with the higher levels. They include higher earned interest rates and… Read More

CoinShares, Digital Currency Group, Galaxy Digital Contribute to Staking Rewards’ 3M CHF Round

Staking Rewards, a provider of independent staking data and research, has secured 3 million CHF from various digital asset investment companies to create a new suite of products and services catering to the staking space, “including the development of investable staking index products.” Currently, staking… Read More

Real Estate: EWO Place to Provide Platform for “Flexible” Living, Will Leverage Crypto Tokens to Streamline Service

EWO place, a “ReTech” company that provides a no-rent model based on its own properties worldwide, notes that consumers are feeling frustrated as they are being “priced out” of renting or not being able to afford a place to live. The housing crisis is increasingly… Read More

OKCoin Earn Adds Algorand (ALGO), Solana (SOL), Polygon (MATIC), Tron (TRX)

The team at digital assets firm OKCoin notes that now you can access 20 different cryptocurrency staking and decentralized finance (DeFi) offers right via their mobile app. This week, OKCoin is introducing four new assets on Earn: Algorand (ALGO), Solana (SOL), Polygon (MATIC) and Tron… Read More

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

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