Staking


Markets

Crypto for Advisors: Crypto Market - A Week in Review

A recap of the crypto market from August 11th to 17th.

(Annie Spratt/Unsplash)

Tech

Bitcoin Staking Platform Babylon to Start Phased Mainnet Launch This Week

Babylon's attempts to introduce BTC staking is one of many developments in recent months that are aiming to introduce greater utility to Bitcoin

David Tse, an engineering professor at Stanford University who co-founded Babylon, a Bitcoin staking protocol (Bradley Keoun)

Finance

COMP Token Rises as Whale Backs Down on Supposed 'Governance Attack' on Compound

A new staking product will be offered instead of what Humpy and the Golden Boys initially proposed.

(CoinDesk Indices)

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)

Markets

Staked Ether Close to All-Time High as ETF Approval Nears

Polymarket bettors give a 90% chance that ether ETFs will be approved by July 26.

Ethereum (ethereum.org)

Opinion

How Staking Rate Benchmarks Can Build Digital Assets Markets

By comparing their returns to a trusted industry benchmark, Ethereum operators can identify areas for improvement and optimize their operations, as well as to differentiate their staking products in a competitive market, says Tom Whitton, CFO, Pier Two.

(Jukan Tateisi/Unsplash)

Tech

Starknet, Layer-2 Chain on Ethereum, to Open Staking By End of Year

If approved by the community, staking could come to the mainnet by the end of 2024.

StarkWare CEO Eli Ben-Sasson (Margaux Nijkerk)

Opinion

U.K.'s Next Government Must Act Fast to Regulate (and Retain) Crypto Firms

The likely victorious Labour party has taken no stance on digital assets. This needs to change quickly, writes Laura Navaratnam of the Crypto Council for Innovation.

BLACKPOOL, ENGLAND - MAY 03:  Labour Leader Keir Starmer arrives to meet new Labour MP for Blackpool South, Chris Webb at Blackpool Cricket Club on May 3, 2024 in Blackpool, England. Labour's Chris Webb was announced as the winner of the Blackpool South by-election. Former Conservative MP for Blackpool South Scott Benton resigned in the wake of a lobbying scandal triggering the by-election, which is held on the same day as the local and mayoral elections in England.  (Photo by Christopher Furlong/Getty Images)

Finance

Ether ETF's Lack of Staking Won't Dampen Strong Institutional Demand, 21Shares' Ophelia Snyder Says

Prospective providers of spot ether ETFs in the U.S. removed provision for staking from their applications to avoid potential regulatory roadblocks.

Ophelia Snyder, Co-Founder, 21Shares, at Consensus 2024 by CoinDesk, Austin, USA  (CoinDesk)

Tech

Renzo Capitalizes on Restaking Frenzy to Raise $17M From Galaxy, Brevan Howard

Funds will be used towards expanding the project's restaking services, including adding support for ERC-20 tokens.

Renzo Founding Contributor Lucas Kozinski (Renzo)