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Aave (AAVE) price has been on an absolute tear for weeks and today the DeFi-token rallied to a new all-time high at $288.90. The decentralized finance protocol is one of the most popular in the market and the recent rally in the DeFi sector is one of the driving forces behind
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Participation in the DeFi and staking ecosystems has seen explosive growth over the last year, with the combined sectors currently accounting for over $50 billion in value. DeFi growth was predominantly fueled by the breakthrough success of Ethereum-based projects such as Aave, Compound, and Uniswap, utilizing ERC20 stablecoins like USDC and
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There’s a decentralized autonomous organization (DAO) that lets ETH holders back Ethereum 2.0 without losing liquidity, and it wants to give its participants a vote.Until Feb. 12, ETH holders have a chance to earn some of the governance token for Lido, a new decentralized finance (DeFi) and staking protocol. There
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In less than 48 hours, 2020 will be behind us. It almost seems too big a task to recount all that has happened in this world, in this industry and in our own personal lives but our colleague Brad Keoun, editor of CryptoX’s daily cryptocurrency markets newsletter, First Mover, offers an
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Origin also says its staking program will help limit its token’s circulation supply, which will benefit the project’s token economics.California-based Origin Protocol has launched its native OGN Token staking program, the company announced via a medium post. The initiative, which was launched on the Origin Dollar (OUSD) DApp, allows participants
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The traditional finance world is facing its stiffest challenge yet with cryptocurrencies. Bitcoin is beating gold and stocks
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Just four days after it launched its Eth2 staking service, customers of the popular U.S.-based cryptocurrency exchange Kraken have deposited more than 100,000 Ether, worth north of $60 million.The milestone was surpassed on Dec. 8, with the exchange estimating that its staking service represents approximately 8% of all ETH staked
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One of Ethereum’s most popular software wallets, MyEtherWallet is joining other crypto businesses by giving users access to Ethereum 2.0 staking.Through a partnership with node-hosting service Staked, MyEtherWallet now offers its browser and mobile wallet users the option to stake ETH tokens into the Ethereum 2.0 Beacon Chain deposit contract,
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It’s alive! Welcome, everyone, to the first edition of Valid Points, CryptoX’s ongoing effort to chronicle the evolution of Ethereum 2.0. You can sign up for the newsletter here. Today we’re commemorating the launch of Ethereum 2.0, which marks the beginning of Ethereum’s live transformation into a proof-of-stake blockchain.
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Although Bitcoin has dominated the headlines of late, Ethereum has also rallied hard. Since the beginning of October,
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