Binance.US Partners Fireblocks for Custody
Binance.US partners with Fireblocks to enhance crypto security with secure wallet storage and expanded staking services. This collaboration aims to meet regulatory standards and boost user trust.
Staking
Cardano Staking Unlocked Amid Milestones
$ADA founder Charles Hoskinson refutes claims of locked staking, emphasizing Cardano’s liquid staking model. Cardano hits new milestones with the first phase of the Chang Hard Fork and increased network activity. @Cardano_Community
Solana Liquid Staking Teased by Binance Bybit
Binance and Bybit hinted at new Solana liquid staking products, “BNSOL” and “bbSol,” possibly in partnership with Sanctum. This move could significantly boost DeFi activities on Solana, where only 7% of staked $SOL is in liquid staking platforms.
Starknet Votes on STRK Staking Launch
Starknet to hold its first Mainnet vote for $STRK staking from Sept 9-13, 2024. A preliminary test vote will take place Sept 2-4. This initiative aims to enhance network decentralization and functionality. $STRK remains stable at $0.35.
Bitcoin Staking Enhanced by Babylon Chain CEO
David Tse, CEO of Babylon Chain, reveals plans to boost Bitcoin’s utility through staking, allowing holders to earn yield without bridging. He emphasizes Bitcoin’s role as a global timestamping server and the importance of blockchain education. #Bitcoin #Update
Bitcoin Liquid Staking: Babylon, pSTAKE Partnership
pSTAKE Finance, backed by @BinanceLabs, is launching a Bitcoin liquid staking solution using Babylon’s framework, expanding from Cosmos to enable BTC holders to earn yields without losing liquidity. This integrates Bitcoin into DeFi. #Update #Bitcoin #DeFi
Binance Labs Backs aPriori Liquid Staking Protocol
.@BinanceLabs invests in aPriori to boost blockchain performance. The funding will help reduce gas fees, optimize network traffic, and enhance validator incentives. This marks a key step in advancing liquid staking and the overall crypto ecosystem. #Update
Binance Labs Invests in aPriori Staking
Binance Labs invests in aPriori, enhancing MEV-powered liquid staking on the Monad platform. Funds will optimize blockchain performance, reduce gas fees, and decentralize the network, underscoring Binance’s commitment to early-stage projects.
Ethereum Staking Surges 100k Despite SEC Scrutiny
Lido has added 100,000 staked ETH amid SEC scrutiny, raising its total to $33.48B. Wrapped staked ETH on Layer 2 networks grew 7.19% with a $1.23B trading volume. #Crypto #Ethereum
Binance Labs Funds Infrared Liquid Staking Protocol
Infrared Protocol secures funding from @BinanceLabs to expand its team and conduct audits, preparing for the Berachain V2 testnet. With plans to hire three more, Infrared aims to launch its IRED token, enhancing flexibility and efficiency in #DeFi. #Update
Bitcoin Staking Protocol Babylon Raises $70 Million
Babylon raises $70M, led by @Paradigm, to enhance #Bitcoin utility via Proof-of-Stake. Contributions from @PolychainCap, @HashkeyCapital, and HTX Ventures. #Crypto #Updates
Why staking was removed from Ethereum ETFs to get SEC approval
Ethereum ETF issuers removed staking to meet SEC regulations, avoiding potential classification as unregistered securities. This strategic move could lessen appeal but crucial for compliance. #Ethereum
Hong Kong considers allowing staking for Ethereum ETFs, diverging from US stance
Hong Kong’s SFC is set to allow Ethereum ETF staking, diverging from US regulatory caution. This move could solidify its status as a global crypto finance hub, contrasting with the SEC’s strict stance.
Hong Kong To Allow Staking for Spot Ethereum ETFs, Will It See More Inflows?
Hong Kong is pioneering staking for spot Ethereum ETFs, potentially boosting its crypto market ahead of the U.S. This move could attract investors seeking secure investments with passive income opportunities.