Lido Ends Staking on Polygon; Refocuses on Ethereum
The Lido community has voted to end staking services on Polygon, due to significant challenges that has limited adoption. Lido Shuts Down Polygon Staking Lido Finance has announced it will…
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Liquid Staking Absorbs 400,000 ETH, Closing in on 14M Mark
According to the latest figures, over the past 38 days, starting from Aug. 10, 2024, the total value locked in decentralized finance (defi) protocols has slipped by $5.07 billion. Despite…
Crypto Re-Staking Platform Attracts $18.8 Billion
The rising trend of “re-staking” has driven significant cryptocurrency investments into platforms that reward users for locking up their tokens. Leading this movement is Seattle-based startup Eigenlayer, which secured $100…
Veteran Trader Peter Brandt Warns of ‘Biggest Disasters yet to Come in Crypto’
Veteran trader Peter Brandt has issued a stark warning about the future of crypto staking, calling it “the biggest disasters yet to come in crypto.” He predicts significant disasters, bankruptcies,…
Future AI Models Will ‘Know Users Better Than They Know Themselves’ – Calanthia Mei
The rapid proliferation of artificial intelligence (AI) models in recent years is contributing to the escalating problem of personal data harvesting, or “grabbing,” by major tech companies, Calanthia Mei, the…
Ethereum price risks 20% correction amid SEC’s crackdown on crypto staking
Ethereum may experience a drop in user activity alongside ETH price, with crypto staking in the crosshairs of the SEC.
Ethereum staking service Lido announces layer-two expansion
Lido Finance has announced plans to offer its ETH staking services across the entire L2 system, as long as specific networks have “demonstrated economic activity.”
LUNA flips Ethereum becoming second largest network for staked value
Data shows that there are currently 226,325 stakers accounting for $29.5 billion worth of locked up LUNA which has propelled the network into second place for staked value.
Crypto staking: How to pick the best staking coins for passive income
Because the blockchain puts your crypto to work, it generates incentives (form of passive income) while it is staked.