Coinbase Loses Market Share in Ether Staking as Regulatory Pressure Mounts
The exchange’s share in ETH staking dropped to 9.7%, the lowest since May 2021, as the SEC sued Coinbase for offering unregistered securities this month. Source
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Staking
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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Cryptocurrency Staking Platform Northstake Raises $3M to Boost Institution Participation
“Institutional investors at the asset manager level, at the sovereign fund level are looking at this and trying to figure out what staking is and where does the yield come from,” Johansen said in an interview with CoinDesk. “It's significant that, in this round that we raised, one of our
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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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21Shares Introduces ETP for Liquid Staking Platform Lido
Liquid staking enables users to maintain liquidity, despite locking their cryptocurrency to earn rewards for securing the blockchain network. Lido, the dominant liquid staking player, has more than $13 billion ETH staked, commanding a 76% market share of liquid staking derivatives on Ethereum, data from blockchain analytics firm Nansen show. Source
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Blockchain Staking Provider Chorus One Expands to Urbit With New Hosting Service ‘Red Horizon’
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
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Coinbase (COIN) CEO Brian Armstrong Says Not Shutting Down Staking Service
Armstrong insisted Coinbase would not be at risk of a bank-run-like rush of withdrawals similar to those some of its peers have suffered. “All the funds are backed one-to-one, and you don't have to take our word for it,” Armstrong said. “As a public company, we have auditors … who
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Coinbase Violated Securities Laws With Staking Program, Multiple U.S. State Regulators Allege
The ASC action doesn't forbid Coinbase from offering staking as a service as long as it complies with the law, but the order itself was the result of a task force of 10 state securities regulators in the U.S., namely Alabama, California, Illinois, Kentucky, Maryland, New Jersey, South Carolina, Vermont,
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