Cryptocurrency Staking | ForkLog

ForkLog 19 15.12.2024

Ethereum Liquid Restaking TVL Surges by 6000% Over the Year

Throughout 2024, the total value locked (TVL) in Ethereum liquid restaking protocols soared from $284 million to $17 billion, marking an increase of nearly 6000%. TVL of Ethereum liquid restaking. Data: DeFi Llama. The majority of this amount ($9.1 billion) is attributed to the Ether.Fi protocol, followed by Kelp ($1.8 billion), Eigenpie ($1.6 billion), and […]

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ForkLog 54 13.12.2024

XBANKING to Raffle Tesla Cybertruck and 200 SOL for XB Staking

On January 12, 2025, the staking platform XBANKING will hold a raffle for a Tesla Cybertruck and 200 SOL. This was announced in the company’s blog. To participate, one must stake at least 100 XB (~$30) on XBANKING by December 31, 2024. For every 100 XB staked, a user receives one ticket. The more tickets, […]

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ForkLog 29 12.12.2024

Bitcoin Staking Protocol Babylon Surpasses $3.6 Billion in TVL

On December 12, the total value locked (TVL) in the Babylon staking protocol for the leading cryptocurrency reached $3.63 billion. ? $3.5bn BTC staked so far? Let that sink in. And we’re only just getting started. Still 700+ blocks to go. Cap-3 is still open. For those who have already staked directly through the Babylon […]

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ForkLog 7 09.12.2024

Stake or restake: XBANKING weighs the trade-offs—and raffles a Cybertruck

Restaking is a relatively new concept in crypto that began to gain traction in 2024 with the launch of EigenLayer. According to DeFi Llama, as of December more than $27bn is locked in restaking protocols. Together with the non-custodial platform XBANKING, we compare the advantages and drawbacks of staking and restaking. At the end of […]

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ForkLog 10 05.12.2024

Binance Unveils Bitcoin Staking Backed by Babylon

The cryptocurrency exchange Binance announced the launch of its On-chain Yields financial products. This service enables clients to participate in various protocols and earn rewards in the form of tokens, points, and other types directly through their Binance account. On-chain Yields is available to users directly via their Binance account. The exchange manages the integration […]

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ForkLog 9 02.12.2024

Bernstein Predicts Inclusion of Staking in ETH ETFs

The new leadership of the SEC is expected to approve Ethereum-based exchange-traded funds that will allow holders to earn additional income from staking, according to Bernstein, as reported by The Block. “Amid declining rates in TradFi, the current Ethereum yield of 3%, which could rise to 4–5% with increased on-chain activity, is becoming increasingly attractive,” […]

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ForkLog 21 26.11.2024

Starknet Introduces Staking with Returns Up to 12.27% Annually

Starknet has launched STRK staking on its mainnet, marking the first major L2 blockchain to offer this solution. STRK Staking phase 1 is officially live on Mainnet! If you want to take part in this initial phase (or in futures phases) and contribute to the decentralization of Starknet, you can now:? Become a Validator: Open […]

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ForkLog 11 14.11.2024

Bitwise Acquires Ethereum Staking Provider Attestant with $3.7 Billion in Assets

Investment firm Bitwise Asset Management has acquired institutional Ethereum staker Attestant, which manages assets worth $3.7 billion. The acquisition has increased the company’s client assets under management from $6 billion to $10 billion.

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ForkLog 18 12.11.2024

Ethereum Developer Proposes Ambitious Beam Chain Consensus Upgrade

Developer Justin Drake has unveiled details of Beam Chain’s “most ambitious” proposal to overhaul Ethereum’s consensus layer “from scratch,” a project that has taken him “months.” The initiative incorporates the latest ideas from the research roadmap. According to Drake, Beam Chain aims for faster second block times, smaller validator shares, “chain snarkifaction,” and ultimately — […]

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ForkLog 13 06.11.2024

KuCoin to Distribute PiggyPiggyCoin Tokens for USDT and KCS Staking

On November 6, cryptocurrency exchange KuCoin announced the addition of the PiggyPiggyCoin (PGC) project to its GemPool platform for airdrops. The platform will distribute tokens for staking PGC, as well as KuCoin Token (KCS) and Tether (USDT), according to a press release. In addition to staking rewards, users can receive a bonus of up to […]

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ForkLog 23 30.10.2024

Glif Announces 100 Million GLIF Token Airdrop

The liquid staking protocol Glif, based on Filecoin, is set to launch its own token, GLIF. The project will distribute 100 million coins among users, reports The Block. .@TheBlock__ broke the news: https://t.co/Q26VhGEgJK And on Medium: https://t.co/eU58qIBmXV — GLIF (@glifio) October 29, 2024 The total issuance of GLIF will be 1 billion tokens, with 10% […]

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ForkLog 16 29.10.2024

Ethereum Staking Rate Declines to 3%

The annual reward rate for staking the second-largest cryptocurrency by market capitalization has decreased to approximately 3%.

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#Cryptocurrency Staking