Cryptocurrency Staking | ForkLog

ForkLog 7 11.10.2024

Tezos Stakers Renew Legal Battle Against US Tax Authority

Tezos validator Josh Jarrett and his wife Jessica from Tennessee have filed a new lawsuit against the IRS concerning the taxation of tokens created through staking. In their complaint, the couple argues that such assets should be considered newly created property, with tax liabilities arising only upon sale. They compared tokens received from staking to […]

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ForkLog 6 10.10.2024

Solv Protocol Launches Integration Product for Bitcoin Staking

The team at Solv Protocol has unveiled the Staking Abstraction Layer (SAL). This product is designed to simplify and standardize liquid Bitcoin staking across various networks. Introducing The Staking Abstraction Layer (SAL) Today, we’re thrilled to introduce SAL, a revolutionary framework designed to simplify and standardize Bitcoin staking across chains. With the help of partners […]

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ForkLog 17 08.10.2024

RedStone Unveils Bitcoin Liquid Staking Oracles

Major oracle provider for smart contracts, RedStone, has launched a tool for liquid staking of Bitcoin. ? Introducing Bitcoin Staking Oracles ? RedStone launches the first market-ready Bitcoin Staking Oracles, enhancing Babylon-powered solutions. Delivering the first implementation for @Lombard_Finance. The LBTC/BTC price feed marks the debut of Bitcoin Staking Oracles. pic.twitter.com/SLYX5ChKHo — RedStone Oracles ♦️ […]

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ForkLog 10 03.10.2024

Vitalik Buterin Advocates Lowering Solo Staking Requirements for ETH

Vitalik Buterin acknowledged the need to reduce the minimum deposit to 16 or 24 ETH. His proposed solution would increase hardware requirements for solo stakers. Ethereum co-founder Vitalik Buterin has emphasized the importance of reducing the minimum amount of ETH required for individual staking and proposed a solution. I think there’s a sane version of […]

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ForkLog 10 30.09.2024

FalconX Highlights Benefits of Fed Rate Cuts for Ethereum

By mid-2025, the Federal Reserve’s Fed key rate is expected to fall below the yield from staking in Ethereum, potentially boosting the price of the second-largest cryptocurrency by market capitalization. This conclusion was reached by FalconX. The spread between these two parameters has remained negative since mid-2023. At the end of 2022, following the collapse […]

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ForkLog 36 16.09.2024

Vitalik Buterin Highlights the Benefits of Solo Staking in Ethereum

Solo staking in Ethereum is crucial for the security and decentralisation of the second-largest cryptocurrency by market capitalisation, according to its co-founder, Vitalik Buterin, as reported by Cointelegraph. According to the expert, individual stakers form an uncoordinated and diverse group, reducing reliance on CEX. Even a small proportion of them can add an important decentralised […]

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ForkLog 68 14.09.2024

Starknet Community Approves STRK Token Staking Launch

StarkWare’s proposal to initiate staking for STRK tokens received overwhelming support, with 98.94% of Starknet’s L2 network users participating in the community’s inaugural vote. The vote on the STRK staking parameters has concluded, passing with 98.94% in favor ✅ Below are the staking figures at launch, resulting from this vote. Now it’s time to finish […]

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ForkLog 23 12.09.2024

FTX Withdraws 177,693 SOL from Staking

A wallet linked to FTX and Alameda has withdrawn 177,693 SOL ($23.75 million) from staking. These coins may be transferred to centralized exchanges for sale. Withdrawal of SOL from staking. Data: Solscan. The wallet holds over 7 million SOL ($952 million) in staking. A significant portion of FTX’s coins may have been sold over-the-counter (OTC). […]

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ForkLog 17 29.08.2024

Mezo Developers Launch Liquid Staking Bitcoin Token

Developers have launched a liquid staking token for digital gold called stBTC on the Mezo Bitcoin L2 network. As with other similar cases, the asset allows users to earn income while maintaining exposure to the price fluctuations of the leading cryptocurrency. To issue stBTC, one must lock WBTC or tBTC and pay a fee. Holders […]

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ForkLog 10 20.08.2024

Starknet Community to Vote on Staking Launch

Holders of Starknet (STRK) have been invited to approve the integration of token issuance mechanisms and parameter adjustments—essential components for staking. The first-ever vote on Mainnet for STRK Holders ?️ The first voting proposal is here, bringing STRK staking to the Starknet ecosystem! STRK holders will have the opportunity to voice their opinions on the […]

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ForkLog 17 15.08.2024

Ethereum Supply Surpasses 120 Million Coins

Ethereum’s annual inflation rate has risen to 0.69%. EigenLayer is integrating an option for active validation services to add ERC-20 tokens that can be withdrawn without permission. Khelp Financial co-founder and CEO Boomer Saraga claims Ethereum’s price undervalues its fundamentals. The issuance of the second-largest cryptocurrency by market capitalization has reached 120.28 million ETH, according […]

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ForkLog 12 07.08.2024

Jump Trading Withdraws $29 Million in ETH from Staking

Trading firm Jump Trading has successfully withdrawn 11,500 ETH, valued at approximately $29 million, from the liquid staking platform Lido Finance, according to Spot On Chain. Jump Trading successfully unstaked 11.5K $ETH ($29M) from Lido Finance and continued to redeem 16,210 $WSTETH into 19,049 $STETH in the past hour. Note that the 11,500 $ETH has […]

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