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Sui Foundation denies it sold locked staking rewards on Binance

Sui Foundation — the team behind the Sui network and its native SUI token — has denied allegations that the firm unlocked SUI staking rewards and “dumped” them on cryptocurrency exchange Binance .The Foundation knocked back the claim in a five-part Twitter thread on June 27, stating that none of the locked

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LUNC developers submit proposal for liquid staking on Quicksilver

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Terra Luna Classic (LUNC) developers have submitted a joint governance proposal to the community and validators that will introduce liquid staking derivatives with the Quicksilver network. The proposal incorporates multiple interchain account (ICA) host message types for

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Binance increases minimum staking amounts for cosmos, polkadot, and solana

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance has reportedly raised the minimum staking amounts of several cryptocurrencies, such as solana (SOL), polkadot (DOT), and cosmos (ATOM), for users wishing to stake in their earning products. Binance adjusts asset caps The Binance Earn products are a suite

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Winklevoss twins’ Gemini launches Ethereum staking in the UK

Winklevoss twins’ cryptocurrency exchange Gemini continues to actively expand its services across the world, debuting Ethereum staking in the United Kingdom.On June 23, Gemini officially announced the expansion of Gemini Staking Pro in the United Kingdom. The service allows institutions and high-net-worth individuals to become Ethereum validators by locking up

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Raft’s R Stablecoin Surges as Traders Embrace Liquid Staking Ether Products

The surge in Raft, an alternative stablecoin issuer, highlights the booming market for liquid staking tokens, which enable users to main liquidity, despite locking their ether to earn rewards for securing the Ethereum blockchain. The liquid staking sector has a combined TVL of more than $20 billion, putting it ahead

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Ethereum mulls increasing staking limit from 32 to 2,048 ETH for validators 

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ethereum Foundation researcher Michael Neuder has floated a proposal to increase the maximum effective balance of Ethereum validators from the current 32 to 2,048 ETH. The change is expected to reduce staking infrastructure complexity for large

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