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Vitalik Buterin reveals plan to revamp Ethereum staking

Vitalik Buterin reveals plan to revamp Ethereum staking

Ethereum, the second-largest cryptocurrency by market capitalization, is set to undergo a significant transformation, with its co-founder Vitalik Buterin announcing a comprehensive plan to revamp its staking mechanism. Buterin, a pivotal figure in the crypto world, shared his vision at the Devconnect conference in Turkey, a gathering that’s become a cornerstone for discussing the future […]

Proof of Stake Alliance releases revised staking provider guidelines

Proof of Stake Alliance releases revised staking provider guidelines

The Proof of Stake Alliance (POSA) has unveiled a refreshed set of guidelines for staking providers, signaling a proactive stance towards regulatory compliance and industry accountability. This critical update, announced on November 9, is aimed at fortifying trust and ensuring users can navigate the staking landscape with greater confidence. Staking Industry Standards Redefined POSA, representing […]

Dubai Financial Center regulator approves TON and XRP tokens

Dubai Financial Center regulator approves two new crypto tokens TON and XRP

The Dubai Financial Services Authority (DFSA), the financial regulatory agency of the special economic zone, the Dubai International Financial Centre has recognized two new crypto tokens TonCoin (TON), and Ripple’s XRP. TON and XRP now join DFSA’s initially accepted crypto tokens, Bitcoin (BTC), Ethereum, and Litecoin. In total in just one year DFSA has recognized […]

IRS ruling requires crypto investors to report staking rewards as taxable income

Crypto staking rewards must count as taxable income, IRS says

The Internal Revenue Service (IRS) issued a crucial ruling on Monday, affecting cryptocurrency investors engaged in proof-of-stake networks. According to the judgment, investors who receive rewards for validating activities must include the value of those tokens as part of their taxable income in the year they gain ownership of them. This legal analysis specifies that […]

Coinbase’s 4% USDC rewards shake up the market amid SEC charges

coinbase staking

In a move aimed at attracting more users and bolstering its position in the market, popular cryptocurrency exchange Coinbase announced on June 15th that it is now offering a special 4% incentive on USD Coin (USDC) holdings. This substantial reward increase comes as a significant upgrade from the previous rate of 2%, effectively doubling the […]

Filecoin Staking Walkthrough: How to Stake Filecoin Right in 2023

stake filecoin

The Company is doing its level best to maintain its objectives, with one of them making sure that the future is the internet. It creates an environment for coming generations to take the internet as an essential requirement and embrace it. After its launch, FIL received its most significant milestone in 30 minutes by token […]

Ethereum staking continues to go up – What does it mean?

ethereum

The amount of Ethereum being staked has been steadily increasing, with large amounts of capital being locked up to earn 4 to 5% yields in ETH, which are virtually risk-free. These yields are paid from transaction fees, rather than from new issuances of ETH, preventing the dilution of ETH. This trend of ETH staking growth […]

Is Ethereum staking a potential threat to user privacy?

ethereum staking

The Ethereum staking process, which involves validators locking up a specific amount of Ether (ETH) to support the network’s security and earn rewards, has come under scrutiny for its potential IP address privacy issues. Stakeholders in the Ethereum network have raised concerns that the requirement for validators to connect via an Ethereum client exposes their […]

How to stake Verasity (VRA): $VRA Staking Program Extended to 2023

how to stake verasity

Verasity is pleased to officially announce that the Verasity Staking Program has been extended for another year to 31 March 2023! The daily reward rate will be 0.05% per day (18.25% per annum). The new rate took effect on 1st April 2022. The minimum amount of VRA to be staked continues to be 10,000 VRA, […]

How to Earn Crypto Rewards in Smart Ways

crypto rewards

Earning while spending makes a lot of sense through cashback offers of merchants when you use their credit cards. But once you learn that you can earn crypto rewards through several top-notch cryptocurrency exchanges and platforms, you’ve got your nice enterprise cut out for you. Some people choose to mine cryptocurrency in a more technical […]

How to stake Apecoin  in 2022

Apecoin

ApeCoin was created in March 2022 as a way to use gaming, culture, and commerce. APE is the primary crypto of the Bored Ape Yacht Club ecosystem. This ERC-20 token has a market capitalization of US$4.02 billion, according to CoinMarketCap. However, only 28% of Apecoin’s 1 billion tokens are in circulation. With a growing number […]

Ethereum merge: the road to centralization?

Best Twitter threads of the day

Ethereum merge is drawing closer as the developers suggest successfully completing the required steps. The transition will be complete by 15 September, according to the timeframe given by Ethereum developers. As the transition is complete, Ethereum will shift from Proof of Work to Proof of Stake consensus. Every change comes with possible repercussions, and the […]

How to stake Osmosis 2022 (Complete Guide)

How to stake Osmosis

From its unique features, Osmosis is one of the most intriguing projects in decentralized finance (Defi). For starters, Osmosis is not hard-coded; the protocol allows market participants to self-identify opportunities and react by adjusting various parameters. The adjustable inputs enable the creation of DeFi asset types like options and dynamic fee markets to adapt to […]

How to Stake Klima Tokens 2022 (Complete Guide)

How to stake Klima

The marketplace is driven by speculation, supply, and demand forces, not correlated to the intrinsic value of an asset. Amazon is the most valued company, unlike the Amazon rainforest, which is stripped of resources. If you want to know how to stake Klima, this guide is for you. The Kilma ecosystem enables the Carbon market […]

How to Stake TFUEL 2022 (Complete Guide)

How To Stake TFUEL

Staking remains one of the most popular ways to earn passively in the crypto market. Today, more projects are allowing investors to stake their tokens. THETA, a cryptocurrency created to improve video gaming, has also done the same. This blockchain has also been created to increase efficiency and avoid bottlenecks by sharing bandwidth between nodes […]

How to Stake Cosmos 2022 (Complete Guide)

How to stake cosmos

Staking Cosmos (ATOM) is one of the most lucrative coins for staking by using an exchange or wallet to earn passive rewards of up to 10% per year. Staking refers to keeping cryptocurrencies in a wallet or exchange to support blockchain operations and earn rewards. Cosmos uses a hybrid Proof-of-Stake architecture to provide an all-in-one […]

How to Stake Zilliqa: Earn 6% APY based on 80% ZIL in Circulation

how to stake zilliqa

Staking involves locking up your ZIL tokens for a fixed period to participate in block production and earn rewards. You can stake your ZIL tokens through an exchange or directly on the Zilliqa network. Note that Zilliqa is currently undergoing some API-connection maintenance on Staking Rewards. They are working on solving this, so the data […]

How to Stake Spell Token: Earn up to 20% APY

How to stake Spell token

Spell Token (SPELL) is the native token of Abracadabra Money, a DeFi lending platform. Abracadabra Money has revolutionized decentralized stablecoins and collateralization by enabling collateralized tokens to unlock liquidity in Defi. The illiquid collateral mints the Magic Internet Money Stable-coin that can be transferred or traded in the ecosystem. People have always considered crypto to […]

How to Stake GRT: Basic Tips from Experts

how to stake grt

For those unfamiliar, The Graph (GRT) is an Ethereum currency that drives The Graph, a decentralized protocol for indexing and querying data from blockchains. The Graph indexes blockchain data from networks like Ethereum and Filecoin in the same way Google indexes the web. Data is organized into subgraphs, public APIs that anybody may use to […]

Ohm Staking Risks and Rewards

ohm staking

The Olympus DAO or OHM is an ERC-20-based utility coin issued on the Ethereum main net. It can be staked or traded on existing crypto marketplaces. The protocol will reward holders with treasury revenue, payment for resource contributions, and staking rewards. The basics of OHM staking are pretty simple. If you own an OHM token, you can […]

How to Stake Apecoin: 6.10% APY on a 60-day staking period

how to stake apecoin

If you’re a crypto investor, staking is a concept you must have heard. Staking is a way many platforms allow participants to earn rewards for their holdings. But what is crypto staking? Cryptocurrency staking is a process that involves investing your crypto assets to support a blockchain network and confirm transactions. In return, you are […]

How to Stake SNX: Unlimited Liquidity on the Synthetix Network

how to stake snx

A common FOMO mistake is to pick a token that’s pumping and hope it continues to pump. That would be a financial disaster! Getting familiar with a coin like Synthetix (SNX) before making an investment should be your best move as a serious investor. So, the question of how to stake SNX should come after […]

How to Stake on Kraken: Earn Up to 23% APY On Your Crypto

how to stake on kraken

In recent years, staking has become a way of life for cryptocurrency investors. Staking is holding funds in a cryptocurrency wallet to support the operations of a blockchain network. By doing so, users are rewarded with newly minted tokens or transaction fees. The minimum balance to earn rewards is typically required, and the cryptocurrencies you […]

How to Stake Kava: Is 110% APY on BUSD legit?

how to stake kava

There was a time when people who saw that Kava offered 110% APY on BUSD made them question whether Kava is legit or a scam. How are they able to guarantee such enormous returns? Let’s first take a look at the process called “staking”. Staking is a concept that’s been around for decades but has […]

How to Stake on Uniswap: A Quick Guide to Passive Income

how to stake on uniswap

Staking cryptocurrencies is an excellent way to earn passive income in the crypto market. However, the rewards in staking can be particularly attractive for users who already have a significant portion of their net worth in cryptocurrency. So, the ultimate question is how to stake on Uniswap if you need passive income. It is essential […]

How to Stake on Exodus: Estimated APR 1.24% to 13.88%

how to stake on exodus

After a record-breaking 2021, the ongoing volatility in the larger cryptocurrency market has given many investors and experimenters time to think. It may be time to look beyond the frequently mentioned characteristics of the cryptocurrency story, such as its strong momentum, institutional interest, spectacular gains, rapid technological innovation, celebrity endorsements, social media promotion, and the […]

How to stake on KuCoin Exchange

How to stake on KuCoin

From a user’s standpoint, staking is a way to earn passive income on locked crypto funds. In the background, however, the tokens are committed to securing the blockchain network in a proof of stake consensus algorithm. Funds are locked to ensure honesty in validating blockchain transactions; bad actors receive a penalty, which varies from blockchain […]

Best Places to Stake $HBAR: Set to explode in 2022?

HBAR Staking

Binance had run aground this Monday afternoon after suddenly pausing Bitcoin withdrawals. Of course, this caused agitation among investors which CZ was quick to pacify. Binance users were instructed to withdraw from another network. As eyebrows shot up after the Celsius fiasco – and blood pressures with them – the crypto community takes a breather with […]

Harmony ONE Staking: How to Earn Rewards

harmony one staking

One of the most anticipated releases among blockchain users is, without a doubt, Harmony (ONE). It’s a decentralized protocol that aims to solve the problem of attaining both scalability and decentralization while sacrificing either. Harmony ONE is a staking coin that focuses on the security and decentralization of its network. It also has an incentivized […]

How to Stake Monsterra Tokens: Fun Way to Earn

how to stake monsterra

Monsterra  NFT Gaming platform is a multi-chain game developed on both the BSC and Terra networks based on the Axie Infinity pet world and Clash of Clans/Boom Beach gameplay from Supercell. Monsterra is a fantasy role-playing game set in an invented world where citizens farm, develop a property, and wage war against other countries with […]

How to Stake Tron: Complete Guide

how to stake tron

Staking Tron is essentially holding Tron assets within a Tron wallet connected to the Tron Blockchain. When you have Tron crypto assets within the Tron wallets, you allow your tokens to be used to facilitate transactions and general operations within the Tron blockchain network. As a result of your contribution to the Network, you are […]

AXS Staking: All You Need to Know

axs stakin

Staking is a means to earn additional rewards. Also, it ensures the sustainability of a blockchain. There are so many benefits the crypto space offers besides the way it decentralizes everything and ensures borderless payments. The crypto/blockchain space also has infinite ways of rewarding users devoted to a particular cryptocurrency. In particular, the AXS token […]

How to Stake Telcoin

how to stake telcoin

When you need to recover from investment losses, consider the best way to increase your earnings which need no technical training. This guide will shed light on how to stake Telcoin, the precautions, and the processes by which you get the best rates from Telcoin. Telcoin is up 20.37% in the last 24 hours. The […]

How to Stake Ankr Tokens

how to stake ankr token

Staking is a sure and simple method for obtaining crypto income. The thing, however, ties up crypto resources that could some way or another be given something to do in possibly more rewarding DeFi exercises. Ankr fixes that, empowering more noteworthy crypto-procuring opportunities for clients. Today, staking – securing assets in a wallet to work […]

How to Stake ADA

Cardano Price Analysis

Staking involves holding tokens in locked storage for a period of time, whereby those tokens determine active participation in running a decentralized network. The person who stakes a coin is called the staker or validator. Their primary role is proposing amendments to a blockchain and verifying data that blockchain users are adding to the network. […]

How to Stake Wonderland (TIME)

how to stake wonderland

Have you ever wondered where a currency’s or a stablecoin’s value derives from? It may be pretty perplexing at times. This is obvious for $TIME tokens. Each token is backed by a portfolio of assets, including MIM, TIME-AVAX LP tokens, and others. Rather than being tied to the US dollar like other stable coins, $TIME […]

How to Stake Chainlink

stake chainlink

Chainlink is a decentralized oracle network that provides reliable, tamper-proof inputs and outputs for complex smart contracts on any blockchain. Any dApp can be brought online as a data source for the Oracles by connecting to live data feeds through each oracle. Unlike a single oracle, oracles in a network ensure that data feeds are […]

How to Stake Polygon

stake polygon

Polygon is a Layer 2 scaling solution that works with any blockchain. It’s the first platform to make it straightforward for Ethereum network scalability. Polygon’s Layer 2 scaling technology makes it easy for developers to build Ethereum network-compatible chains on the platform.  Also Read:• Polygon Price Prediction: Is Matic A Good Investment?• How To Buy Polygon Crypto? […]

How to Stake VeChain

stake vechain

VeChain is a blockchain platform that allows developers to create decentralized applications. The VeChain system has been designed to provide enterprises with scalable and robust blockchain infrastructure. VET, the network’s native currency, is utilized for transactions on the network. The platform also supports smart contracts. Staking coins is one of the most well-known blockchain platforms. […]

How to Stake Ethereum

stake ethereum on coinbase

After Bitcoin, Ethereum is the second most popular cryptocurrency. Unlike Bitcoin, Ethereum is meant to be a medium of trade or store of wealth as a decentralized computer network based on blockchain technology. Because this technology is way faster, cheaper, and safer than traditional systems, most industries have seen the potential of implementing it into […]

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