Cryptocurrency Staking | ForkLog

ForkLog 11 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 16 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 14 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 24 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 14 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 23 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 18 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 33 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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ForkLog 75 28.10.2024

From staking to AI trading: promising ways to make money from crypto in 2025

In periods of heightened volatility, people prefer steadier ways to earn and turn to passive-income tools. This article reviews several of them: staking, restaking, farming and copy trading. Staking One of the most popular ways to earn extra income, available to users of CEX such as Binance and decentralised-finance (DeFi) protocols such as Lido. What […]

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ForkLog 14 21.10.2024

Vitalik Buterin Proposes Solutions for Ethereum Staking Economy Challenges

Ethereum co-founder Vitalik Buterin, in the third part of his essay on the “potential future” of the network, examined the risks of centralization in the Proof-of-Stake mechanism due to economic pressures and proposed solutions. Possible futures of the Ethereum protocol, part 3: The Scourgehttps://t.co/mtzH1ZxTak (I tried my best to be fair to all sides of […]

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ForkLog 12 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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