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Staking
Ethereum Staking Platform Kiln Raises $17M for Global Expansion
The crypto firm plans to grow its business in Asia-Pacific with the opening of a new regional headquarters in Singapore.

Fantom Slashes Validator Staking Requirements by 90%, FTM Prices Unchanged
The move could help improve network security as validators are more widely distributed across the world, developers said.

Ethereum Validators Forced to Wait Days to Unstake Amid Celsius Withdraws
This means there is now a 5.6 day wait for validators to exit the Ethereum blockchain.

Celsius to Unstake Thousands of Ether, Possibly Easing ETH Selling Pressure
The defunct crypto lender sent over 30,000 ETH to custodian Fireblocks in the past week, some of which was deposited on crypto exchange Coinbase.

Chainlink Staking Program Quickly Pulls in $600M, Hitting Limit; LINK Jumps 12%
The blockchain-oracle project's "v0.2" staking program expanded the capacity to 45M LINK tokens from 25M, and the portion reserved for the community quickly filled up. The LINK token surged in price.

Bitcoin Project Babylon Raises $18M to Bolster Development of Staking Protocol
The fundraise was led by Polychain Capital and Hack VC and included contributions from Framework Ventures, Polygon Ventures, Castle Island Ventures and OKX Ventures.

Lido DAO Democratized ETH Staking, Then Dominated It
Lido has become a victim of its own success, attracting criticism as its share of staked ether has grown to nearly one-third. That's why it's one of CoinDesk's Most Influential of 2023.

Liquid Staking Tokens Are a Hot Ticket for 2024
The staking market was the brightest spot in DeFi this year. The arrival of liquid staking token finance is set to turbocharge activity next year.

Tax Expert Breaks Down the Crypto Tax Basics for Beginners
Jackson Hewitt Chief Tax Information Officer Mark Steber joins "First Mover" to break down the basics of crypto taxes and what new investors need to know before filing. Steber also explains whether gains in specific crypto sectors like staking are taxable income.

Celsius Bankruptcy Reorganization Plan Approved by Court; Implementation by Early 2024
The order marks Celsius' exit from bankruptcy, filed in July last year, a process that also saw it make a $4.7 billion settlement with the U.S. over fraud allegations.
