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Staking
DeFi Platform Lido to Cease Staking on Polkadot, Kusama in August
The service will be terminated on Aug. 1 with automatic unstaking occurring in June.
Ethereum Staking Provider Lido to Incorporate NFTs Into Unstaking Process
Users will receive a transferable non-fungible token representing their request withdrawal for their staked ether.
Staking Protocol EigenLayer Raises $50M Amid Crypto Winter
Blockchain Capital led the round for the system that allows Ethereum stakers to reuse the tokens.
Crypto Exchange Coinbase Suspends Algorand Staking Rewards
The move follows Kraken's agreement with the SEC to shut down its staking service in the U.S.
ConsenSys’ MetaMask Institutional Starts Staking Marketplace With Allnodes, Blockdaemon, Kiln
The new marketplace comes just weeks before Ethereum’s much-anticipated Shanghai hard fork that should spur growth in staking services.
Origin Protocol Considers Subsidizing OGN Rewards After Joining NFT Royalty Wars
The protocol is trying to keep its NFT marketplace competitive with OpenSea and Blur
Trading Ranges for Bitcoin, Ether Reflect Diverging Views About the Assets
Bitcoin’s higher low suggests investors in the largest crypto by market value are upbeat, but ether’s increased trading range compared to the previous days may reflect bearish concerns.
Lido Finance Weighs Sunsetting Liquid Staking on Polkadot, Kusama
The proposal comes as MixBytes, Lido’s partner developer firm for Polkadot and Kusama liquid staking, announced it would stop supporting the networks.
Gitcoin, a Crowdfunding Platform for Open-Source Software Votes to Seed Staked ETH Index
The index could provide a stream of income for Gitcoin to raise funds for grants – if users are attracted to the new index that exposes token holders to a diversified set of liquid staking tokens.
Ethereum’s Shanghai Upgrade Will Not Crash Ether Price, Analysts Say
Crypto analysts CoinDesk interviewed are saying concerns are overblown and selling pressure will be limited.
