Cryptocurrency Staking | ForkLog

ForkLog 18 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Trading firm Jump Trading has successfully withdrawn 11,500 ETH, valued at approximately $29 million, from the liquid staking platform Lido Finance, according to Spot On Chain.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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ForkLog 26 25.07.2024

Core Chain Introduces Dual Staking Model for Bitcoin

The Core Foundation has unveiled a dual staking model for Core, built upon the system launched by the organization earlier this year, reports Decrypt. This non-custodial model allows holders of the first cryptocurrency to enhance their yields by staking both Bitcoin and CORE, according to a press release. Core acts as a secondary reward provider […]

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ForkLog 15 26.06.2024

Staking digital gold: how bitcoin miners are reshaping DeFi

In June 2024 the total value locked in DeFi protocols surpassed $100bn. Ethereum remains the leader and largest blockchain by this measure, with roughly a 60% share of the sector. Its dominance stems from the relative ease of building and deploying smart contracts, applications and tokens. Yet some market participants reckon Ethereum’s monopoly could wobble […]

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ForkLog 21 12.06.2024

MetaMask Introduces ‘Pooled’ Ethereum Staking Feature

Developers of the non-custodial wallet MetaMask have unveiled a ‘pooled’ Ethereum staking feature. The service lowers the entry threshold of 32 ETH (~$113,000) for ordinary users, reports CoinDesk. According to ConsenSys representatives, the service will not be available in the US and the UK. “With Pooled Staking, MetaMask users have a simple way to participate […]

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ForkLog 22 06.06.2024

B2BinPay Integrates L2 Solutions and Tron Staking

The platform B2BinPay has incorporated support for L2 solutions Optimism, Arbitrum, and Base, as well as Tron (TRX) staking in the 20th version of its crypto processing service, according to a press release.

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ForkLog 34 29.05.2024

Sponge Project Details Meme Token Claim Process

Accumulated staking rewards for Sponge V2 will be available for immediate claim on May 30 at 13:00 (Kyiv/Moscow time), according to representatives of the project who spoke to ForkLog. “This means that all staking rewards will be immediately paid to Sponge V2 holders,” commented the Sponge team. In May, developers announced the launch of Sponge […]

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ForkLog 51 24.05.2024

Sponge V2 Meme Token Claims Set for May 30

Over 85% of participants in a survey regarding the distribution of staking rewards for the meme token Sponge voted for an instant claim. The project team announced this on X. ? #SPONGERS, the votes are in! ? A whopping 85.5% of our community voted for instant claim! As promised, we’ll honour your choice.? All $SPONGE […]

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ForkLog 11 20.05.2024

Sponge Project Initiates Survey on Staking Rewards

The team behind the meme token Sponge has launched a survey on X regarding the distribution of staking rewards. This was reported to ForkLog by representatives of the project. It’s time to vote, #SPONGERS!! ? Vote on the $SPONGE staking rewards claim structure below! The poll closes on the 21st of May. ⏰ Absorb that […]

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ForkLog 24 09.05.2024

DeDust.io Exchange Launches SCALE Staking, Token Price Surges 60%

The decentralized exchange on The Open Network (TON) blockchain, DeDust.io, has initiated staking for its native token, SCALE. This was reported to ForkLog by the Scaleton developers. To participate, users need to visit the Staking SCALE page, connect a wallet that supports TON, and click the Stake button. Staking does not require a minimum amount. […]

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ForkLog 76 03.05.2024

Jito Emerges as Solana’s Leading Protocol with $1.4 Billion TVL

TVL of the liquid staking platform Jito Network (JTO) on Solana has reached $1.42 billion, making it the largest protocol in the network. TVL Jito. Data: DeFi Llama. According to the team, the amount of coins locked in the protocol has exceeded 10 million SOL. Jito just passed 10M $SOL staked and is now the […]

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ForkLog 30 02.05.2024

Sponge Project Launches Staking for Second Version Token

The team behind the meme token Sponge has announced the launch of staking for the second version of its tokens (V2), according to a press release.

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ForkLog 29 02.05.2024

US Lawmakers Introduce Bill on Staking Taxation

Two US congressmen have introduced a bill to regulate the taxation of cryptocurrency staking income. The document, authored by Wiley Nickel and Drew Ferguson, is titled the “Digital Asset Tax Clarity Act.” “The US approach to digital asset rewards is overly complicated, leading to investor confusion, double taxation, and the relocation of American businesses abroad. […]

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