RedStone Launches Bitcoin Staking Oracles
RedStone Oracles, a significant provider of oracle data to smart contracts, has introduced staking oracles designed explicitly for Bitcoin staking. The new implementation allows users to stake their Bitcoin in exchange for Bitcoin-based liquid-staking tokens (LSTs) such as Lombard Staked BTC (LBTC) on the Ethereum blockchain. Marcin Kaźmierczak, the co-founder and chief operating officer of […]
Bison Launches Insured Ethereum Staking Service
Bison, a cryptocurrency trading platform operated by the Böerse Stuttgart Group, has implemented an insured staking service for Ethereum customers. With the new staking feature, customers can earn weekly rewards by staking as little as 0.005 Ether. German companies, such as the global reinsurance firm Munich Re, are supporting the initiative. Munich Re protects against […]
Crypto Investment Products See $147M Outflows -Coinshares
On October 7, CoinShares disclosed that crypto investment products experienced $147 million in outflows from September 29 to October 5 after inflows of nearly $2 billion in three previous weeks. Crypto products achieved $1.2 billion in inflows in a single week from September 22 to September 28, following nearly $2 billion in inflows in the […]
US HC3 Warns Against Crypto Trinity Ransomware
The United States Health Sector Cybersecurity Coordination Center (HC3) issued a warning regarding Trinity ransomware, renowned for extorting cryptocurrency from its victims. The US Health Sector Cybersecurity Coordination Center (HC3) released a profile of Trinity ransomware on October 4, a threat actor targeting sensitive data. To fool victims into installing the ransomware on their computers, […]
Bitcoin Miners Show Mixed Production Performance in September
Bitcoin miners reported contrasting production efficiency in September as the sector transformed despite market volatility. Although Hut 8 and Irish Energy have continued to expand their operations, the most recent update illustrates a variety of production outcomes and efficiency benefits. Many Bitcoin mining companies are integrating high-performance computation and artificial intelligence into their operations. For […]