Cathie Wood’s ARK Doubles Down on Solana with New Staking Partnership
Cathie Wood’s ARK Invest has entered into a new strategic partnership with SOL Strategies, a blockchain infrastructure company, to provide staking services for the investment firm’s Solana holdings. The agreement makes SOL Strategies the exclusive staking provider for ARK’s Digital Asset Revolutions Fund, marking a significant move into deeper blockchain integration for the asset manager. […]
North Korean Developer Allegations Shake Cosmos Ecosystem
Cosmos‘ co-founder and core contributors were unaware of the North Korean link, which could remove the Liquid Staking Module. A recent on-chain investigation claims that part of the Cosmos ecosystem may have been developed by North Korean agents, potentially drawing the FBI’s attention in 2023. According to Cosmos ecosystem developer Jacob Gadikian, who shared the […]
ETH Users Stake One-third of Total Token Supply
Token holders have demonstrated a long-term interest in the crypto asset and the rewards it can provide by staking nearly one-third of all Ether. On October 8, IntoTheBlock, an onchain data provider, disclosed that 28.9% of all Ether had been staked. According to the data platform, the percentage of ETH staked was 23.8% in January, […]
Based Rollups Proposed as Solution for Ethereum Incentive
Based Rollups, according to some critics, align incentives between Ethereum layer 2 and its base layer validators, perhaps resulting in deflationary issuance again. Based Rollups might offer a solution to Ethereum’s layer-2 networks diverting liquidity and revenue from its base layer. These rollups, which rely on Ethereum’s layer-1 validators for processing instead of their own […]
Ethereum Staking Surpasses $121B
Ethereum’s price surge is driven by increased ETF approval odds and a staking-induced supply crunch, potentially pushing ETH towards $4,000. Due to the increased likelihood that ETH ETFs will be approved, Ethereum (ETH) has experienced an incredible rise recently. Moreover, because a sizable portion of the Ethereum reserve was kept for staking, indications of a […]