Bit Digital Exits BTC Mining to Focus Solely on ETH Staking Strategy
Crypto miner Bit Digital will sell off its bitcoin operations to deepen its ETH staking and treasury shift.
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Crypto miner Bit Digital will sell off its bitcoin operations to deepen its ETH staking and treasury shift.
Industry entities led by the Crypto Council for Innovation argued in a letter to the U.S. Securities and Exchange Commission that it shouldn’t regulate staking.
The product allows BTC holders to earn yields while adhering to Islamic finance principles, expanding opportunities for investors in the Middle East.
Hong Kong’s Securities and Futures Commission has given a green light for virtual asset trading platforms (VATPs) and authorized virtual asset funds to offer staking services.
The CESR captures the mean annualized staking rate earned by Ethereum validators.
Staking service provider SenseiNode operates from Brazil, Argentina, Mexico, Chile, Costa Rica and Colombia.
The upgrade was pushed out on Monday, but it wasn’t entirely clear why the test network was not finalizing.
A bipartisan challenge to the SEC’s exclusion of staking from ETPs is an essential step to maintaining America’s competitiveness in the digital asset markets.
The Securities and Exchange Commission blocked staking when crypto exchange-traded funds were granted, but the lawmakers suggest the SEC may have been off-base.
The ability to earn yield on bitcoin and potentially unleash a new wave of liquidity into the DeFi ecosystem has become a hot topic of late.