ENA Rises 15% as Ethena Labs Increases Staking Rewards
ENA, the native token of Ethena Labs, surged by 15% on Monday following the announcement of “season 2,” which includes a 50% increase in rewards for some users.
Staking
What the Ethereum Community’s Staking Argument Is Really About
The Ethereum community is debating the power and responsibilities of the Ethereum Foundation, which some think is playing central banker by suggesting changes to the ether issuance formula.
Ethereum Foundation Researchers’ Proposal to Slow ETH Issuance Draws Pushback
The proposal, initially introduced in February, could harden Ethereum’s native cryptocurrency, ether, as as a form of money – by reducing the inflation of new supply. But some members of the community say if it’s not broke, don’t fix it.
What Happens if the SEC Classifies ETH a Security? (Wrong Answers Only)
The reported move, if confirmed, could have serious ramifications for the blockchain’s developers. But success for the troubled regulator is far from certain and unanswered questions abound.
Fidelity Adds Staking to Ether ETF Application, Sending LIDO Up 9%
Money management giant Fidelity wants to allow traders of its potential ethereum fund to be able to stake some of the assets, it wrote in an amendment with the U.S. Securities and Exchange Commission (SEC).
Figment, Apex to List Ether and Solana Staking ETPs on SIX Swiss Exchange
Interest in ETH and SOL has increased substantially over the past few months and the ETPs will contribute to greater access to staking rewards for a wide audience, Figment said.
Blast, Hyped Layer-2 Chain, Sees Most Deposits Leave Within 1 Day of Going Live
The controversial layer-2 network had taken $2.3 billion in deposits since November as it prepared for launch, but within 24 hours of going live, that figure had dwindled to $650 million.
UK Minister Expects Stablecoin and Staking Legislation Within Six Months: Bloomberg
UK Economic Secretary to the Treasury Bim Afolami has said the UK government was “pushing very hard” to bring legislation for stablecoins and staking services for crypto assets within six months, according to a Bloomberg report.
EigenLayer’s Cap Lift Prompts $4B Inflow as ETH Restaking Heats Up
EigenLayer has become the fifth largest protocol in decentralized finance (DeFi) following more than $4 billion in inflows over the past two weeks.
Ethereum Staking Platform Kiln Raises $17M for Global Expansion
Kiln CEO Laszlo Szabo (Kiln)