The anticipation of Ethereum’s Shapella Upgrade – the simultaneous occurrence of Shanghai and Capella – in a week led to notable 24H price surges in ETH and altcoins related to DeFi staking. Remarkably, ETH crossed the $1,900 level and hit its 8-month-high of $1,920. It spurred the community’s hype to
Following the regulator’s probe into Kraken, the crypto exchange had agreed to settle charges with U.S. Securities and Exchange Commission (SEC) and shut down its on-chain cryptocurrency staking service. The U.S SEC announced on Thursday that, the two Kraken entities ‘Payward Ventures and Payward Trading’ accept to pay $30 million
Crypto exchange Coinbase CEO Brian Armstrong was alarmed about the rumors he received that the U.S. Securities and Exchange Commission (SEC) wants to “get rid of individual investors” from staking cryptocurrency. According to a February 9th tweet from Coinbase’s Chief Executive officer, the U.S SEC intends to ban retail investors
ADA also added to Sygnum’s bank-grade staking offer along with ETH, ICP & XTZ. With the new service, Sygnum bank’s customers can earn staking rewards. According to the latest announcement from Switzerland-based digital asset bank, Sygnum, the bank has added ADA, the native cryptocurrency of the Cardano blockchain, to its
Chainlink announces its updated roadmap for the implementation of staking. Implementation of long-term goals for staking was planned for the second half of 2022. After updates, the native token LINK hits its four-week high. Chainlink is one of the popular cryptocurrencies in the market which has already captured its notable
Binance Smart Chain (BSC), one of the lucrative blockchain technologies, runs on a proof-of-stake authority (PoSA) consensus which confers lower gas fees and faster transactions on the network. Staking is a more sustainable alternative to PoW-related mining where users earn rewards on their staked tokens. The staking protocols are evaluated
Timechain is thrilled to announce that it will be joining the Fireblocks network. In the field of digital asset management and decentralized finance (DeFi), Timechain is a prominent Canadian company. In comparison to other Canadian cryptocurrency service providers, the safe financial ecosystem has more extensive trading and financial capabilities available.
Despite the bearish market for the past month, some altcoins have performed well with the developments from their network. Similarly, Terra (LUNA) is one such network that has showcased its potential in the crypto market. Moreover, LUNA was the top gainer of the day on Tuesday. For the past few
Staking is the process of locking an amount of cryptocurrency for a particular time period to contribute to blockchain technology and earn network rewards. As of now, nearly 9 million ETH have been staked on Ethereum’s Proof of Stake system. This amount of ETH is locked until withdrawals are authorized
The largest ETH contract ever-the Beacon Chain still remains locked. The staking contract values 8,641,954 ETH worth of #33.5 Billion . Seems a completely new developed hard fork is necessary for unlocking it. To my astonishment, indeed, to everyone’s astonishment, yes you folks have read the title correctly. And so,
