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Crypto Exchange Kraken Backs Enterprise-Grade Liquid Staking Protocol

Crypto Exchange Kraken Backs Enterprise-Grade Liquid Staking ProtocolOn Tuesday, the liquid staking firm Alluvial revealed a consortium of organizations will collaborate on the “first enterprise-grade multi-chain liquid staking protocol.” Alluvial’s announcement detailed the protocol will be known as the “Liquid Collective” and the cryptocurrency exchange Kraken has joined as a foundation member. Liquid Collective Aims to Bolster a Multi-Chain Liquid Staking Standard […]

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30% of Today’s Staked Ethereum Is Tied to Lido’s Liquid Staking, 8 ETH 2.0 Pools Command $8.1 Billion in Value

30% of Today’s Staked Ethereum Is Tied to Lido’s Liquid Staking, 8 ETH 2.0 Pools Command .1 Billion in ValueIn roughly three days Ethereum is expected to transition from a proof-of-work (PoW) blockchain network to a proof-of-stake (PoS) version via The Merge. Ahead of the transition, the liquid staking project Lido has seen a lot more activity as the value locked in the protocol increased by more than 13% this week. Moreover, the project’s […]

Roaring Kitty hit with new lawsuit over alleged GameStop pump-and-dump scheme

Coinbase Launches Custom Crypto Asset As Ethereum Merge Approaches

Coinbase Launches Custom Crypto Asset As Ethereum Merge Approaches

Top US-based crypto exchange platform Coinbase is launching a custom crypto asset ahead of Ethereum’s (ETH) upcoming merge to a proof-of-stake mechanism consensus. Coinbase says it is launching Wrapped Staked Ethereum (cbETH) so customers can have the ability to use their Staked Ethereum (ETH2) on the platform as The Merge will lock all ETH2 in […]

The post Coinbase Launches Custom Crypto Asset As Ethereum Merge Approaches appeared first on The Daily Hodl.

Roaring Kitty hit with new lawsuit over alleged GameStop pump-and-dump scheme

Coinbase Launches Wrapped Ethereum Liquid Staking Token Ahead of The Merge

Coinbase Launches Wrapped Ethereum Liquid Staking Token Ahead of The MergeThe cryptocurrency exchange Coinbase has introduced a new liquid staking ethereum derivative token ahead of Ethereum’s proof-of-stake (PoS) upgrade. The new ERC20 utility token is called coinbase wrapped ethereum, or CBETH, and it will allow people to stake their ether in a non-custodial fashion or trade the tokens on the open market. Coinbase Reveals CBETH […]

Roaring Kitty hit with new lawsuit over alleged GameStop pump-and-dump scheme