Browsing: staking

The Cosmos Ecosystem’s Liquidity Staking Protocol has announced its decision to cease operations, marking a significant change in its service offerings. This decision comes as the protocol has faced challenges that have impacted its viability.…

$SOL redemption FTX and Alameda have redeemed 193,800 $SOL from their staking address, which is valued at $30.69 million. This significant transaction highlights the ongoing activity within the cryptocurrency market. The redemption of $SOL indicates… (via Bpaynews real-time desk)

Paradigm has staked 14.7 million HYPE and deposited an additional 3.02 million HYPE into the HyperEVM platform. This move signifies Paradigm’s commitment to enhancing its position within the ecosystem. Staking and depositing in HyperEVM are… (via Bpaynews real-time desk)

$ETH Reward SharpLink earned 492 $ETH last week through its staking activities, highlighting the potential profitability of cryptocurrency staking. The process of staking involves locking up funds to support blockchain operations, which can yield rewards… (via Bpaynews real-time desk)

Staking Is Now Tax-Recognized: US Treasury Opens Door for ETFs In a groundbreaking announcement, the U.S. Treasury has officially recognized staking activities within the cryptocurrency sector as eligible for tax purposes, paving the way for…

Monad Genesis has stated that locked MON tokens will not be eligible for staking activities. This decision affects users who have their tokens locked in various contracts. As a result, those holding locked MON tokens…

SharpLink’s Ethereum Staking Math Turns Heads: A New Era for Crypto-Investment Strategies In the fast-evolving world of blockchain and cryptocurrency, staking has become a popular method for users to increase their holdings and contribute to… (via Bpaynews real-time desk)

Staking plays a crucial role in improving blockchain security while providing users with opportunities to earn rewards. By participating in staking, users contribute to the integrity and stability of blockchain networks. One prominent method of… (via Bpaynews real-time desk)

The ZKSync community has introduced the “ZK Staking Reward Program,” which includes a reward cap set at 37.5 million ZK tokens. This initiative aims to incentivize participation in staking activities within the ZKSync ecosystem. Community…

Bitmine and SharpLink have reported a combined unrealized loss exceeding $1.9 billion related to their Ethereum staking holdings. This significant financial downturn highlights the challenges facing these companies within the cryptocurrency market. As Ethereum continues… (via Bpaynews real-time desk)