Search Results for "staking"
Bitwise Launches AVAX ETF with Built-In Staking at 5.4% Yield
Bitwise's new Avalanche ETF (BAVA) stakes 70% of holdings for ~5.4% yield. Fund debuts on NYSE at $25.50 with fees waived on first $500M for 30 days.
Kraken Pushes for Crypto Tax Reforms After Issuing 56M Forms in 2025
Kraken calls for US crypto tax reforms, including a de minimis exemption and changes to staking income rules, after issuing 56M tax forms in 2025.
US IRS to Refund Taxes on Staked Tezos to Tennessee Couple
The United States Internal Revenue Service (IRS) is set to refund a Nashville, Tennessee couple, Joshua and Jessica Jarrett the sum of $3,293 being tax payment on 8,876 Tezos (XTZ) coins earned as staking reward by the duo.
What the U.S. Congress Decides on Crypto Will Ultimately Overstepping their authority
Jake Chervinsky, the Blockchain Association's chief policy officer, criticized the SEC's enforcement-based regulation and urged Congress to regulate the sector.
Gemini Launches ETH & MATIC Staking Services in Switzerland and Turkey Amidst U.S Regulatory Crackdown on Crypto Staking
Crypto exchange Gemini has announced the expansion of its staking services to users in Switzerland and Turkey. The development comes at a time when United States-based exchanges face regulatory hurdles with the Securities and Exchange Commission (SEC) regarding similar services.
Sygnum Bank Becomes the First Bank to Provide ETH 2.0 Pledge Service
The world's first digital asset bank Sygnum Bank announced to be the first bank to accept the pledge of Ethereum 2.0 from its customers.
Philcoin Rolls Out Staking Program for Donating Charity
To change the way of charity, Philcoin has established a staking mechanism that will enable users to donate part of their earnings to a charity of their choice within PHILApp.
Lido Finance Halts Operations on Solana Following Community Consensus
Lido Finance is discontinuing its operations on Solana blockchain following a community consensus within its DAO. The decision, revealed on October 16, 2023, comes after a proposal highlighting the unsustainable financials of Lido on Solana. Despite this cessation, Lido expresses continued optimism for Solana's ecosystem.
Ethereum 2.0 Continues to Gain Steam, Staked ETH Tops 10 Million
The transition to Ethereum 2.0, which was renamed the consensus layer, continues to gain momentum because the amount of staked Ether is nearly 10% of the entire ETH supply.
SEC Chair Gary Gensler Warns Crypto Companies
Kraken agreed to shut down its U.S. staking services and initiatives, but SEC chair Gary Gensler advised other businesses to “come in and respect the law.”
Solana Takes the Helm as the Most Staked Crypto, Cardano Goes Second
Even if Ethereum takes the lion’s share in DeFi, Solana is the victor when it comes to staking with a value of $78.49 billion.
Polkadot Reports Q3 Growth: New Parachains, Staking Metrics, and Technical Upgrades
Polkadot's ecosystem saw significant expansion in Q3 2023, with the addition of five new parachains, a rise in staking metrics, and major technical upgrades. The total volume of staked DOT increased to 663 million, and the platform recorded more than 190 million on-chain events. The quarter also saw the introduction of native USDC and a 20% quarter-on-quarter rise in XCM messages.