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Ethereum 2.0 Continues to Gain Steam, Staked ETH Tops 10 Million

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

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

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 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.

Coinbase to Suspend Coinbase Pro Platform By Year-End, Developing New Advance Trading Interface

Coinbase to Suspend Coinbase Pro Platform By Year-End, Developing New Advance Trading Interface

American cryptocurrency trading platform, Coinbase Global Inc has unveiled plans to close down its Coinbase Pro platform by the end of the year. A new trading platform is expected to launch to substitute.

Kraken Joins Consortium to Support, Build Liquid Staking Protocol

Kraken Joins Consortium to Support, Build Liquid Staking Protocol

Crypto exchange Kraken has joined a consortium meant to support and build an enterprise-grade liquid staking protocol dubbed Liquid Collective.

XRP staking scam

XRP staking scam

A phoney staking scheme is targeting XRP investors. XRP staking websites and emails have been faked. The swindle promises 12%–27% profits.

Tetra Partners with Kiln to Enhance Staking Service Including Ethereum and Solana

Tetra Partners with Kiln to Enhance Staking Service Including Ethereum and Solana

Tetra Trust partners with Kiln to expand staking services on major PoS blockchains, including Ethereum and Solana, enhancing digital asset management in Canada.

Google Cloud Becomes Validator on Polygon's PoS Network

Google Cloud Becomes Validator on Polygon's PoS Network

Google Cloud has joined Polygon's PoS network as a validator, adding an extra layer of security and credibility. The network already has over 100 validators, and Google Cloud's involvement is expected to further strengthen it. Users can monitor validator performance through a dedicated dashboard, where Google Cloud has staked 25,391.67 MATIC.

dYdX Community Votes to Stake $61M in DYDX Tokens for Enhanced Security

dYdX Community Votes to Stake $61M in DYDX Tokens for Enhanced Security

The dYdX community overwhelmingly approved a proposal to stake 20 million DYDX tokens with Stride to boost the protocol's security as DEX activities rise.

Tim Beiko announced Shapella upgrade

Tim Beiko announced Shapella upgrade

Full and partial validator withdrawals alter the consensus layer.

Gemini Launches Crypto Staking Service in US, Singapore, Hong Kong

Gemini Launches Crypto Staking Service in US, Singapore, Hong Kong

Gemini said users can start staking MATIC on the Polygon network. The exchange stated that plans to support Ethereum, Solana, Polkadot, and Audius will be launched next month.

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