Cryptocurrency Analysis and News Portal
The sharp increase in global interest rates may have limited investors’ appetite for crypto ventures, but new projects are still flourishing and attracting capital to speed up growth. Data from the Cryptox Research Venture Capital Database shows June closed out with a 29.73% decrease in venture capital investments, with just
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So staking may simply have become an expectation, something that cryptocurrencies are supposed to do. To me, this seems like a positive trend. It offers cryptocurrencies a touchpoint with dividend-paying stocks, and helps reduce the immateriality of crypto. For many, crypto is entirely untethered from reality – prices fluctuate randomly, and
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At least five Ethereum liquid staking providers have either imposed or are working to impose a self-limit rule in which they promise not to own more than 22% of the Ethereum staking market — seen as a move to ensure the Ethereum network remains decentralized.Among the Ethereum staking providers either
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Meanwhile, a report from HashKey Capital shows that the ether Liquid Staking Derivatives market – which is decentralized and non-custodial, unlike services offered by exchanges – is projected to grow by $24 billion in the next two years, and Ether.Fi, a decentralized staking platform, closed a $5.3 million round in
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Crypto exchange Bitstamp will discontinue staking services for customers based in the United States. In a message shared with Cointelegraph, the exchange announced the ending of Ether (ETH) staking as of Sep. 25."Customers will continue earning staking rewards up until September 25, 2023, and after that, all staked assets will
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Seattle-based decentralized finance (DeFi) platform EigenLayer has experienced a 207% surge in total value locked (TVL) after it raised its liquid restaking caps to 100,000 staked ether (stETH). Source
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Imagine a world where everyone, regardless of their background, can easily access and participate in the revolutionary world of Ethereum. A world where decentralized applications empower individuals, and the potential for innovation knows no bounds. Against a highly equivocal and chaotic macroeconomic landscape, this is the world that the prophets
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The Shanghai upgrade was one of the most anticipated blockchain events of 2023, expected to introduce a higher level of speed and
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The funding round also included Bankless Ventures, Animoca Ventures, Kucoin Ventures, DACM, LBK, SNZ and Canonical Crypto. Puffer previously received backing from The Ethereum Foundation through a $120,000 grant, and a $650,000 pre-seed round led by Jump Crypto. Source
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Metaverse platform The Sandbox will require Know Your Customer (KYC) verification for its staking processes, according to an Aug. 3 announcement. The announcement stated that only verified users could deposit The Sandbox (SAND) tokens, which are native to the platform, and claim staking rewards, while non-verified users will be placed into
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