Tag: Staking
Unlocking the Potential: Bitcoin Protocol Babylon Attracts $1.5B in Staking Deposits
Bitcoin protocol Babylon recently completed its second staking round, which saw an increase in deposits to approximately 24,000 BTC, equivalent to $1.5 billion, up from the initial 1,000 BTC. This round was unique as...
Support for Staking in US Crypto Landscape
Staking in the US Crypto Landscape: Navigating Regulatory ChallengesStaking has become a cornerstone of blockchain innovation, revolutionizing the way digital assets are secured and maintained since the dawn of Bitcoin. This proof-of-stake (PoS) mechanism...
Bitcoin Protocol Babylon Staking Round: How to Participate and Earn Rewards
Bitcoin protocol Babylon is gearing up for its second staking round, scheduled to conclude around 18:30 UTC (2:30 p.m. ET) on Tuesday. This staking round will be "duration-based," spanning across 10 Bitcoin blocks and...
Ethereum Staking Thrives Amid Market Trends: Growth Outlook for 2024
Ethereum staking has been on the rise in 2024, defying market trends and showing robust growth. Despite the challenges faced by the asset's price, over 60% of Ethereum stakers are currently in profit. This...
Lido Finance integrates stETH into BNB Chain – CoinJournal
In a groundbreaking decision, the Lido Finance community voted to integrate its stETH (Staked Ethereum) into the BNB Chain on August 9. This marks the first time Lido has connected to a layer-1 blockchain...
Spot ETFs for Proof-of-Stake Chains: Potential Impact of Launching Without Staking
The recent developments surrounding Ethereum and Solana Exchange-Traded Funds (ETFs) have raised significant concerns about their potential impact on these proof-of-stake (PoS) networks. The removal of staking provisions from ETF applications to appease regulatory...
Ether ETF’s Institutional Demand Unaffected by Lack of Staking, Says 21Shares’ Ophelia Snyder
Institutional investors are not worried about the lack of staking in U.S. spot ether exchange-traded funds (ETFs), according to Ophelia Snyder, co-founder of 21Shares. While retail investors may be disappointed, Snyder believes there is...