Tag Archives: Staking

The Ethereum restaking protocol EigenLayer has published a whitepaper with new details about its soon-to-launch Eigen token, which will be airdropped to community members next month. According to the Eigen Foundation’s website, season 1 of the airdrop will distribute 5% of the token supply. Eligible airdrop recipients include those who staked directly with EigenLayer, and those who staked using Liquid Staking Tokens (LSTs). Meanwhile, people who interacted with...

On April 9, the EigenLayer team announced that the platform’s EigenDA, the first Available Validator Service, had launched on the Ethereum mainnet. The team added that over 4.1 million ETH had been restaked on EigenLayer, and over the past few weeks, 70% of all new Ethereum validators restaked to the platform. Moreover, restakers can now delegate their entire stake to an operator that has opted in to run available validator services like EigenDA. Announcing: EigenLayer ♾...

In an effort to protect its decentralized crypto exchange (DEX) against potential security threats, the dYdX community has approved a proposal to stake 20 million DYDX tokens. This decision comes amidst a surge in trading activity experienced by the platform. dYdX Proposes Enhanced Security Measures The proposal presented by dYdX emphasized the necessity of increasing the platform’s security measures in the face of increasing deposits and trading volumes. dYdX stated that it...

A recent report by Coinbase Research uncovered that restaking has emerged as the second-largest sector in decentralized finance (DeFi) on Ethereum. The study highlights EigenLayer’s restaking protocol as an important component for new services and middleware on the Ethereum network, potentially offering significant ETH rewards for validators in the future. EigenLayer’s Restaking Protocol Ethereum’s proof-of-stake (PoS) consensus mechanism is the largest economic security fund...

On March 29, the firm announced its Grayscale Dynamic Income Fund (GDIF) stating that it is its first actively managed investment product. Grayscale added that the new fund aims to optimize income in the form of staking rewards associated with proof-of-stake crypto assets. It is the latest effort from the world’s largest crypto asset manager to retain clients and capital following a huge exodus from its flagship product (GBTC) and its conversion to a spot Bitcoin ETF....

The Ethereum network has reached a noteworthy milestone by attaining one million validators. Based on data from the Dune Analytics dashboard developed by Hildobby, the quantity of ETH staked has risen to 32 million, with an approximate value of $114 billion at current market rates. This figure accounts for 26% of the total Ethereum supply. Ethereum’s New Milestone The data also reveals that around 30% of the staked ETH is attributed to Lido, a liquid staking platform designed...

Die Kryptowährungsbörse Coinbase ist in den letzten Jahren zu einem der Hauptakteure im Kryptowährungsmarkt aufgestiegen. Ihre Aktien bieten Investoren die Möglichkeit, an der Wachstumsdynamik des Kryptowährungsmarktes teilzuhaben, ohne direkt in Kryptowährungen investieren zu müssen. Hier sind einige Gründe, warum die Coinbase-Aktie für Investoren attraktiv sein könnte: Starke Marktposition Coinbase geniesst eine starke Marktposition im Kryptowährungsbereich, mit einer grossen Benutzerbasis...

Kraken wird zur ersten Bitcoin-Bank in den USA Die Bitcoin-Börse Kraken, gegründet im Jahr 2011 von Jesse Powell, ist eine der ältesten und am weitesten verbreiteten Kryptowährungsbörsen weltweit. Mit ihrem Hauptsitz in San Francisco, Kalifornien, hat sich Kraken als eine führende Plattform im Bereich des Kryptowährungshandels etabliert. Der Artikel beleuchtet die Geschichte, Dienstleistungen, Sicherheitsmassnahmen und die Bedeutung von Kraken in...

CoinspeakerMintlayer Upgrades Staking Program for ML Token Holders The Mintlayer sidechain enables users to create a decentralized ecosystem on the Bitcoin blockchain, including DeFi, smart contracts, atomic swaps, NFTs, and dApps. Mintlayer Upgrades Staking Program for ML Token Holders

Asset management firm Fidelity wants traders of its proposed spot Ethereum exchange-traded fund (ETF) to be able to stake their assets upon the product’s approval. The financial giant included the request in an amendment of its November 17 application to launch a spot Ethereum ETF in the United States. Fidelity Includes Staking in ETF Proposal Per a 19b-4 amendment filed with the United States Securities and Exchange Commission (SEC) on March 18, Fidelity intends to stake a...