Proof-of-Stake


Tech

Galaxy Buys Almost All of CryptoManufaktur's Assets, Expanding Ethereum Staking Portfolio

The acquisition by publicly traded Galaxy Digital, led by Michael Novogratz, will expand the firm's role in Ethereum staking, as part of a broader effort to push deeper into the business of blockchain infrastructure.

Mike Novogratz, Galaxy founder and CEO, discusses the practical changes that would follow Democratic support of crypto. (CoinDesk/Shutterstock/Suzanne Cordiero)

Finance

Bitcoin ETF Giant Grayscale Introduces a Crypto Staking Fund

The Grayscale Dynamic Income Fund initially includes APT, TIA, CBETH, ATOM, NEAR, OSMO, DOT, SEI and SOL.

Michael Sonnenshein (CoinDesk)

Tech

Blockchain Staking Firms Update Best Practices Amid 'Increased Scrutiny'

The new “staking principles,” published by the Proof of Stake Alliance, aim to ensure consumer protections and promote innovation. Signers include Lido, Coinbase, Rocketpool, Blockdaemon.

(Pixabay, modified by CoinDesk)

Opinion

A Spot ETH ETF Represents the Dawn of Institutional Liquid Staking

Alluvial co-founder Matt Leisinger argues Ethereum staking would be an obvious beneficiary of a product like ARK Invest's Ethereum-based exchange-traded fund going to market.

(Gabor Koszegi/Unsplash)

Tech

Ethereum Blockchain Launches 'Holesky' Test Network, on First Anniversary of Historic 'Merge'

The debut of the testing system – designed to be twice as big as the main network so developers can simulate massive scaling, comes a year after Ethereum completed its historic "Merge" shift to a "proof-of-stake" model from the original "proof-of-work" setup that Bitcoin uses.

The Prague train station after which Ethereum's new Holesky network is named. (Wikipedia)

Opinion

Why Ethereum Ditching Mining Isn't as Green as Advertised

Former Ethereum core developer Lane Rettig breaks done why the network's major proof-of-stake upgrade last year isn't inherently less wasteful, cheaper or more secure than blockchain mining.

seagull sitting on a stake in. a. body of water (Jan Huber/Unsplash)

Opinion

Bitcoin Mining Is an Oligopoly, and Proof-of-Stake Isn't Any Better

Current ways of securing blockchains are essentially zero-sum games where miners win when users lose, Boto founder Breno Araujo writes.

we demand democracy protest sign (Fred Moon/Unsplash, modified by CoinDesk)

Markets

Ethereum Staking Needs Its (Honest) LIBOR

A standardized ETH staking benchmark could unleash a new generation of financial products that appeal to TradFi.

(Scott Olson/Getty Images)

Tech

Coinbase Works to Fix Wallet Support for Ethereum Staking Withdrawals Stuck in Limbo

According to Coinbase’s customer support, “Our systems currently do not support deposits to Coinbase ETH addresses from external validators… Funds may be stuck until we are able to support these transactions.”

It’s not Coinbase itself that worries, Halborn COO David Schwed. It's the comparative lack of experience and regulation between TradFi and crypto-natives. (Photo by Steven Ferdman/Getty Images)

Tech

PEPE Meme Coin Craze Spreads Wealth to Ethereum Validators Running Blockchain

As risk-taking crypto traders sought to make tremendous profits off of surging prices for the suddenly-hot PEPE, a resulting surge in transaction fees brought a windfall to validators running the Ethereum blockchain.

(Danny Nelson/CoinDesk)