Binance’s Liquid Staked Ether Jumps to $1.2B in TVL After Sudden $500M Inflow
Binance’s liquid staking ether (ETH) saw a sudden $500 million burst of inflows over the weekend, pushing its total locked value (TVL) to $1.2 billion.
Staking
German Finance Heavyweights Develop Fully-Insured Crypto Staking Offering, Plan 2024 Release
Boerse Stuttgart Digital, the crypto-focused arm of the Stuttgart Stock Exchange, has already obtained a digital asset custody license in Germany.
Ether Staking Landscape Gets Boost as SSV Mainnet Seeks to Dispel Centralization Concerns
The launch comes as staking landscape is dominated by centralized staking providers, which together hold more than 70% of the staked ether (ETH) supply.
Explaining Ethereum’s ‘Risk Free’ Rate of Return
(Sammie Chaffin/Unsplash, modified by CoinDesk)
Ethereum ‘Restaking’ Takes Shape as Next Big Trend in Blockchain Security
EigenLayer’s platform for “restaking” is designed to extend Ethereum’s pooled security from ETH stakers to other blockchain systems – a way for developers to bootstrap new networks without having to create their own communities of network validators.
Canadian ETF Issuer 3iQ to Work With Coinbase to Offer ETH Staking in Its Funds
Toronto-based digital asset manager 3iQ will start offering ether (ETH) staking in its Ether Fund and Ether ETF, making it the first ETF issuer in North America to allow for this investment strategy, the company announced Wednesday. The feature will be available on or about Aug. 28.
Polygon 2.0 Roadmap Calls for ‘Unified Liquidity,’ Restaking, New Chains on Demand
The new Ethereum scaling solution’s architecture will include a shared bridge and a “coordination layer” that connects all of Polygon’s chains, including an emphasis on zero-knowledge technology that has become one of this year’s hottest blockchain trends.
Coinbase Loses Market Share in Ether Staking as Regulatory Pressure Mounts
The exchange’s share in ETH staking dropped to 9.7%, the lowest since May 2021, as the SEC sued Coinbase for offering unregistered securities this month.
Northstake Raises $3M to Boost Institutional Crypto Staking
The 2.8 million-euro fundraise comes from PreSeed Ventures, Morph Capital, The Aventures Fund, Funfair Ventures and Delta Blockchain Fund.