Ankr Announces Partnership with ssv.network for Ethereum (ETH) Staking – crypto.news
Ankr, an infrastructure that builds nodes on Proof of Stake (PoS) blockchains for Web3, recently partnered with ssv.network, a decentralized ETH staking network, to offer a more secure ETH staking. This will also offer a chance to be an ETH validator.
Ankr, an infrastructure that builds nodes on Proof of Stake (PoS) blockchains for Web3, recently partnered with ssv.network, a decentralized ETH staking network, to offer a more secure ETH staking. This will also offer a chance to be an ETH validator.
SHIB’s Most Profitable Staking Is Now Available on This Crypto Exchange
Shiba Inu (SHIB) can now be staked on Manchester City sponsor’s exchange
The OKX exchange launched staking SHIB with an annual percentage yield of 12%, which is currently the highest interest rate for Shiba Inu among all centralized crypto exchanges.
According to the exchange’s press release, deposits will be opened tomorrow. The total blocking period of SHIB will be 90 days, with a subscription limit per account of 40 million SHIB. The total size of the staking pool is 1.2 trillion SHIB.
Shiba Inu (SHIB) can now be staked on Manchester City sponsor’s exchange
The OKX exchange launched staking SHIB with an annual percentage yield of 12%, which is currently the highest interest rate for Shiba Inu among all centralized crypto exchanges.
According to the exchange’s press release, deposits will be opened tomorrow. The total blocking period of SHIB will be 90 days, with a subscription limit per account of 40 million SHIB. The total size of the staking pool is 1.2 trillion SHIB.
🗣 Ether staking could trigger securities laws — Gensler
Ethereum’s upgrade to proof-of-stake (PoS) may have placed the cryptocurrency back in the crosshairs of the Securities and Exchange Commission (SEC).
Speaking to reporters after the Senate Banking Committee on Thursday, SEC chairman Gary Gensler reportedly said that cryptocurrencies and intermediaries that allow holders to “stake” their crypto may define it as a security under the Howey test, according to The Wall Street Journal.
Ethereum’s upgrade to proof-of-stake (PoS) may have placed the cryptocurrency back in the crosshairs of the Securities and Exchange Commission (SEC).
Speaking to reporters after the Senate Banking Committee on Thursday, SEC chairman Gary Gensler reportedly said that cryptocurrencies and intermediaries that allow holders to “stake” their crypto may define it as a security under the Howey test, according to The Wall Street Journal.
Ankr Scores Partnership with ssv.network for Advanced Ether Liquid Staking
Ankr, top-tier infrastructure platform for Web3, shares details of its partnership with staking heavyweight ssv.network
Ankr, top-tier infrastructure platform for Web3, shares details of its partnership with staking heavyweight ssv.network
Top Cryptocurrency Exchange Launches Staking for Shiba Inu And Ripple (XRP) With Up To 12% APY
Seychelles-based Global Cryptocurrency Exchange, OKX, Launches OKX Earn Staking Program for Shiba Inu (SHIB) and Ripple (XRP) with up to 12% APY.
Seychelles-based cryptocurrency exchange OKX added Shiba Inu (SHIB) and Ripple (XRP) to OKX Earn while introducing the Gold Rush Bonus promotion. The promotion enables SHIB holders to earn high staking rewards with up to 12% APY.
Seychelles-based Global Cryptocurrency Exchange, OKX, Launches OKX Earn Staking Program for Shiba Inu (SHIB) and Ripple (XRP) with up to 12% APY.
Seychelles-based cryptocurrency exchange OKX added Shiba Inu (SHIB) and Ripple (XRP) to OKX Earn while introducing the Gold Rush Bonus promotion. The promotion enables SHIB holders to earn high staking rewards with up to 12% APY.
✅ $KIN Staking Now Available on AscendEX Earn
AscendEX, a leading global cryptocurrency platform, is excited to announce the launch of KIN ($KIN) staking, which will be available beginning September 19th at 1:00 pm UTC. AscendEX represents the only major centralized cryptocurrency trading venue offering interest on $KIN deposits, offering users 5% APR on their delegations.
AscendEX, a leading global cryptocurrency platform, is excited to announce the launch of KIN ($KIN) staking, which will be available beginning September 19th at 1:00 pm UTC. AscendEX represents the only major centralized cryptocurrency trading venue offering interest on $KIN deposits, offering users 5% APR on their delegations.
How to Stake Shiba Inu ($SHIB)
Shiba Inu Staking is the process of dedicating Shiba Inu tokens to a pool to earn rewards. Various exchanges offer different interests depending on the amount staked and the staking period. Payouts range from daily to weekly, monthly, and annually.
Staking Shiba Inu On Binance
To stake SHIB, users buy SHIB tokens on Binance by creating a retail investor account using a phone number and email address, completing a KYC, and setting up two-factor authentication to secure their account. Shiba Inu is then purchased using crypto or fiat currencies like USD.
The staking options range from 10, 30, 60, 90, and 120 days and flexible savings. The Annual Percentage Rate (APR) varies from 0.50% on flexible savings to 12.09% on staking Shiba Inu for 120 days. These flexible and locked staking plans are highly on demand and are available on a first-come-first-serve basis.
Shiba Inu Staking is the process of dedicating Shiba Inu tokens to a pool to earn rewards. Various exchanges offer different interests depending on the amount staked and the staking period. Payouts range from daily to weekly, monthly, and annually.
Staking Shiba Inu On Binance
To stake SHIB, users buy SHIB tokens on Binance by creating a retail investor account using a phone number and email address, completing a KYC, and setting up two-factor authentication to secure their account. Shiba Inu is then purchased using crypto or fiat currencies like USD.
The staking options range from 10, 30, 60, 90, and 120 days and flexible savings. The Annual Percentage Rate (APR) varies from 0.50% on flexible savings to 12.09% on staking Shiba Inu for 120 days. These flexible and locked staking plans are highly on demand and are available on a first-come-first-serve basis.
Kraken Joins Liquid Collective, Consortium Supports Liquid Staking to Institutional Investors
Crypto exchange Kraken has joined a consortium meant to support and build an enterprise-grade liquid staking protocol dubbed Liquid Collective.
Alluvial, the operating company undertaking the protocol development, highlighted that Kraken would join other members in the consortium, such as Acala Foundation, Kiln, Rome Blockchain Labs, BENQI, and Coinbase Cloud.
Liquid Collective seeks to create an industry-standard offering institutional investors liquid staking options with robust reporting, monitoring, and KYC or AML.
Crypto exchange Kraken has joined a consortium meant to support and build an enterprise-grade liquid staking protocol dubbed Liquid Collective.
Alluvial, the operating company undertaking the protocol development, highlighted that Kraken would join other members in the consortium, such as Acala Foundation, Kiln, Rome Blockchain Labs, BENQI, and Coinbase Cloud.
Liquid Collective seeks to create an industry-standard offering institutional investors liquid staking options with robust reporting, monitoring, and KYC or AML.
Gemini Launches Ethereum Staking – The Crypto Basic
Crypto exchange Gemini plans to introduce ETH staking services on its platform this week.
Users Who Get In Before October To Enjoy Feeless Staking.
Ethereum’s transition from the PoW (Proof-of-Work) to PoS (Proof-of-Stake) system has been the talk in crypto circles for months. Now that it has finally happened, things seem to be looking up for the second largest coin in the market. Besides becoming more appealing to the many environmentally-conscious investors after ditching the energy-intensive PoW system, Ethereum is meant to undergo a few more upgrades in the future.
Now, one of the popular crypto exchanges is planning to launch Ethereum staking on its platform. Gemini crypto exchange announced its plans in a tweet and a blog post on its official website. According to the posts, ETH staking on Gemini will commence on September 20th, 2022.
Crypto exchange Gemini plans to introduce ETH staking services on its platform this week.
Users Who Get In Before October To Enjoy Feeless Staking.
Ethereum’s transition from the PoW (Proof-of-Work) to PoS (Proof-of-Stake) system has been the talk in crypto circles for months. Now that it has finally happened, things seem to be looking up for the second largest coin in the market. Besides becoming more appealing to the many environmentally-conscious investors after ditching the energy-intensive PoW system, Ethereum is meant to undergo a few more upgrades in the future.
Now, one of the popular crypto exchanges is planning to launch Ethereum staking on its platform. Gemini crypto exchange announced its plans in a tweet and a blog post on its official website. According to the posts, ETH staking on Gemini will commence on September 20th, 2022.
OKX Has Enabled $ORBS Staking For All Orbs Community Members
Holders of the $ORBS token can now stake their assets on the OKX cryptocurrency exchange. The support of this powerful trading platform enhances the token’s appeal and the Orbs token’s utility.
OKX is one of the leading global cryptocurrency exchanges and trading platforms. It processes over $2 billion in trading volume and supports over 350 currencies and more than 600 trading pairs. Moreover, OKX helps unlock support for native ecosystem developments of supported coins.
The OKX exchange supports staking or various cryptocurrencies. Users will lock up their coins to start earning rewards. Every supported currency, including $ORBS, will have a native APY and daily interest rate. Profits will be issued each day after the user subscribes to the staking effort, with rewards accruing daily afterward.
Holders of the $ORBS token can now stake their assets on the OKX cryptocurrency exchange. The support of this powerful trading platform enhances the token’s appeal and the Orbs token’s utility.
OKX is one of the leading global cryptocurrency exchanges and trading platforms. It processes over $2 billion in trading volume and supports over 350 currencies and more than 600 trading pairs. Moreover, OKX helps unlock support for native ecosystem developments of supported coins.
The OKX exchange supports staking or various cryptocurrencies. Users will lock up their coins to start earning rewards. Every supported currency, including $ORBS, will have a native APY and daily interest rate. Profits will be issued each day after the user subscribes to the staking effort, with rewards accruing daily afterward.
Ether staking is too difficult, community members claim
After the Ethereum network’s transition to proof-of-stake (PoS), staking Ether (ETH) now plays a central role in validating blocks and securing the network. However, some community members believe that the staking process is too difficult, especially for regular people.
In the Ethereum subreddit, a member of the community raised the topic of ETH staking and its difficulties. According to the user, it took them an entire weekend just to get things up and running. The user said that this may be something that those with “unforgiving” schedules can’t accommodate. They wrote:
“The Ethereum community likes to sugarcoat usability but it’s healthier to just admit: this is not for everyone yet.”
After the Ethereum network’s transition to proof-of-stake (PoS), staking Ether (ETH) now plays a central role in validating blocks and securing the network. However, some community members believe that the staking process is too difficult, especially for regular people.
In the Ethereum subreddit, a member of the community raised the topic of ETH staking and its difficulties. According to the user, it took them an entire weekend just to get things up and running. The user said that this may be something that those with “unforgiving” schedules can’t accommodate. They wrote:
“The Ethereum community likes to sugarcoat usability but it’s healthier to just admit: this is not for everyone yet.”
T-Mobile Parent Company Says It Supports Ethereum As Giant Launches New Staking Validator
The parent company of mobile communications giant T-Mobile says it’s launching an Ethereum (ETH) staking validator as part of its support for the world’s second-largest blockchain by market cap.
According to a new press release, Deutsche Telekom is supporting Ethereum’s transition from a proof-of-work consensus mechanism into a proof-of-stake one by operating validator nodes through its subsidiary T-Systems MMS.
The press release also reveals that T-Systems MMS is teaming up with liquidity provider StakeWise to offer staking pools that allows ETH holders to hang on to their tokens without actually having to operate validator nodes themselves.
The parent company of mobile communications giant T-Mobile says it’s launching an Ethereum (ETH) staking validator as part of its support for the world’s second-largest blockchain by market cap.
According to a new press release, Deutsche Telekom is supporting Ethereum’s transition from a proof-of-work consensus mechanism into a proof-of-stake one by operating validator nodes through its subsidiary T-Systems MMS.
The press release also reveals that T-Systems MMS is teaming up with liquidity provider StakeWise to offer staking pools that allows ETH holders to hang on to their tokens without actually having to operate validator nodes themselves.
The number of users staking ATOM witnessed a massive growth especially in the last 30 days. However, with the FUD over the BNB hack, with ATOM‘s tiny involvement, could impact the stakers revenue and ultimately ATOM’s price in the long run.
The number of stakers who began to show interest in ATOM over the past month was huge as can be seen in the chart below. The number of stakers on the ATOM network grew by 123% over the last month. Furthermore, the number was observed to be on a steady incline since the last seven days week.
Another reason for ATOM’s growth could be the growth in the staker revenue. Over the last 30 days, ATOM’s miner revenue was also witnessed growth.
The number of stakers who began to show interest in ATOM over the past month was huge as can be seen in the chart below. The number of stakers on the ATOM network grew by 123% over the last month. Furthermore, the number was observed to be on a steady incline since the last seven days week.
Another reason for ATOM’s growth could be the growth in the staker revenue. Over the last 30 days, ATOM’s miner revenue was also witnessed growth.
EverRise develops cross-chain NFT staking lab
EverRise, a blockchain technology company, developed an NFT staking lab to allow its holders to build on-chain staking contracts. These contracts would connect to another five blockchains. This new development allows users to connect their staked assets over multiple chains and get the maximum profits.
Users need to stake their RISE tokens in the staking lab to create an on-chain NFT of the assets, which can be transferred, traded, and connected to other blockchains, including Ethereum, Avalanche, Polygon, Fantom, and BNB Chain. NFTs can be traded on OpenSea and similar marketplaces via Decentralized Finance (DeFi) wallets.
Staked RISE gives proportional payouts to stakers, which is one way in which users are encouraged through an automatic buyback protocol. This staking lab allows users to search for the top gains over different chains. It has to be noted that staking is allowed only in monthlong increments and hence does not provide optimum flexibility.
EverRise, a blockchain technology company, developed an NFT staking lab to allow its holders to build on-chain staking contracts. These contracts would connect to another five blockchains. This new development allows users to connect their staked assets over multiple chains and get the maximum profits.
Users need to stake their RISE tokens in the staking lab to create an on-chain NFT of the assets, which can be transferred, traded, and connected to other blockchains, including Ethereum, Avalanche, Polygon, Fantom, and BNB Chain. NFTs can be traded on OpenSea and similar marketplaces via Decentralized Finance (DeFi) wallets.
Staked RISE gives proportional payouts to stakers, which is one way in which users are encouraged through an automatic buyback protocol. This staking lab allows users to search for the top gains over different chains. It has to be noted that staking is allowed only in monthlong increments and hence does not provide optimum flexibility.
Kiln acquires €17M via funding round; aims to expand staking services
Kiln, a leading staking products provider, has acquired €17 million through a financing round.
The prominent firm, through the funds, intends to enhance its market outreach to broad users, as revealed in a press release shared with CryptoSlate.
Notable firms that contributed to the financing round included Consensys, Kraken Ventures, GSR, Leadblock partners, Sparkle Ventures XBTO, 3KVC, Blue Yard Capital, SV Angel, and Alven.
With the funds, Kiln will invent new services that will aid investors in staking their assets in wallets, custodians, and exchanges of their choice. Further, the firm aims to consolidate its dominating presence in the staking sector by placing itself in a favorable position to grow the industry.
Kiln, a leading staking products provider, has acquired €17 million through a financing round.
The prominent firm, through the funds, intends to enhance its market outreach to broad users, as revealed in a press release shared with CryptoSlate.
Notable firms that contributed to the financing round included Consensys, Kraken Ventures, GSR, Leadblock partners, Sparkle Ventures XBTO, 3KVC, Blue Yard Capital, SV Angel, and Alven.
With the funds, Kiln will invent new services that will aid investors in staking their assets in wallets, custodians, and exchanges of their choice. Further, the firm aims to consolidate its dominating presence in the staking sector by placing itself in a favorable position to grow the industry.
🏦 Coinbase strengthens European arm with new hires: Bloomberg
Crypto exchange Coinbase is reinforcing its European senior positions with a series of new hires and promotions, Bloomberg reports. The new hires come after, one week ago, Coinbase shares hit an all-time low. Crypto.com’s former general manager has come on board as country director for Ireland. The new director of controls in Germany is Michael Schroeder, leaving behind his position at smaller crypto exchange Bittrex as chief compliance and risk officer. In the UK, Elke Karskens is moving from senior director of marketing to regional director.
Crypto exchange Coinbase is reinforcing its European senior positions with a series of new hires and promotions, Bloomberg reports. The new hires come after, one week ago, Coinbase shares hit an all-time low. Crypto.com’s former general manager has come on board as country director for Ireland. The new director of controls in Germany is Michael Schroeder, leaving behind his position at smaller crypto exchange Bittrex as chief compliance and risk officer. In the UK, Elke Karskens is moving from senior director of marketing to regional director.
🟠 Binance moves $2 billion of bitcoin as part of reserves audit
Binance has moved 127,351 bitcoin ($2 billion) to verify to an auditor it has control over the claimed address. The transfer of such a large amount of bitcoin today from Binance to an unknown wallet led to questions among the crypto community. The pressure on centralized crypto exchanges to adopt “proof of reserves” has increased dramatically after the collapse of crypto exchange FTX. By publishing both the total amount of assets and liabilities, exchanges can indicate that they have the reserves on hand to meet customer withdrawal requests. However, these initial reserves don't necessarily show the full picture, as they don't provide details on the exchange's liabilities.
Binance has moved 127,351 bitcoin ($2 billion) to verify to an auditor it has control over the claimed address. The transfer of such a large amount of bitcoin today from Binance to an unknown wallet led to questions among the crypto community. The pressure on centralized crypto exchanges to adopt “proof of reserves” has increased dramatically after the collapse of crypto exchange FTX. By publishing both the total amount of assets and liabilities, exchanges can indicate that they have the reserves on hand to meet customer withdrawal requests. However, these initial reserves don't necessarily show the full picture, as they don't provide details on the exchange's liabilities.
🏦 Kraken cuts 30% of staff to 'weather crypto winter'
Kraken, one of the world’s largest crypto exchanges, will lay off 30% of its headcount, or 1,100 people, “in order to adapt to current market conditions,” co-founder and CEO Jesse Powell said on Wednesday.Kraken will offer 16 weeks of compensation as severance and will extend the affected employees’ vesting window. In a blog post titled “Kraken Takes Steps to Weather Crypto Winter,” Powell said that slowing growth, prompted by “macroeconomic and geopolitical factors,” had muted customer demand, lowered trading volumes and cut sign-ups. Sam Bankman-Fried’s crypto empire filed for bankruptcy on Nov. 28 and has shed several hundred employees in the restructuring process.
Kraken, one of the world’s largest crypto exchanges, will lay off 30% of its headcount, or 1,100 people, “in order to adapt to current market conditions,” co-founder and CEO Jesse Powell said on Wednesday.Kraken will offer 16 weeks of compensation as severance and will extend the affected employees’ vesting window. In a blog post titled “Kraken Takes Steps to Weather Crypto Winter,” Powell said that slowing growth, prompted by “macroeconomic and geopolitical factors,” had muted customer demand, lowered trading volumes and cut sign-ups. Sam Bankman-Fried’s crypto empire filed for bankruptcy on Nov. 28 and has shed several hundred employees in the restructuring process.
🇮🇹 Nexo secures registration in Italy
Crypto lender Nexo has gained a registration as a “virtual currency operator” in Italy, the company said in an announcement today. This allows the European-based firm to legally provide its services to Italian citizens. The license is issued by Organismo Agenti e Mediatori. The European Union is set to pass a set of laws on crypto assets that will allow firms to passport their license across the 27-nation bloc. Nexo plans to take advantage of this under the Markets in Crypto Assets regulation, according to the statement. The new rules are anticipated to come into force in 2024. Nexo’s website shows registrations in several U.S. states and six other countries.
Crypto lender Nexo has gained a registration as a “virtual currency operator” in Italy, the company said in an announcement today. This allows the European-based firm to legally provide its services to Italian citizens. The license is issued by Organismo Agenti e Mediatori. The European Union is set to pass a set of laws on crypto assets that will allow firms to passport their license across the 27-nation bloc. Nexo plans to take advantage of this under the Markets in Crypto Assets regulation, according to the statement. The new rules are anticipated to come into force in 2024. Nexo’s website shows registrations in several U.S. states and six other countries.