Staking News

The article published in Lexology looks into the future of stablecoins ahead of major regulations set to come down this year in the US.

Developers completed a testnet upgrade in preparation for next month's launch.

Charles Hoskinson dismissed talk of contingent staking being a backdoor to authoritarian control amid split in Cardano community opinion.

Digital content monetization platform Access Protocol is set to launch on Solana blockchain with the ACS token.

Staking directly on a protocol and staking with Kraken are different things — the latter introducing further risk, according to Hoskinson.

Coinbase CEO Brian Armstrong is confident that staking fails all four criteria of the Howey Test and is ready to battle it out in court if necessary.

Lido Finance's Jacob Blish said if the SEC bans U.S. citizens from interacting with any staking protocols, it could hurt both investors and contributors.

Powell explained why Kraken didn't fight the SEC and expressed hope for the future.

The firm will pay a large penalty and face a permanent injunction.

Hoskinson fears the US SEC might lump all staking protocols together "due to a fundamental misunderstanding about the actual facts of operation and design."

Brian Armstrong said that his crypto company has heard rumors to that effect.

Lido said its staking deposits grew across all chains except Kusama — its LDO token surged 18% to $2.45 as of press time.

The testnet is a precursor to real staking withdrawals, which are expected in March.

Ethereum's Shanghai upgrade in March will enable withdrawals from the beacon chain by granting ETH validators the ability to unstake.

Staked ETH has risen 18% to over 16 million ETH but over 70% of stakers have made losses, according to Dune analytics.

Following David Schwartz tweet, the FLR token dumped by roughly 10% to $0.04367 as of press time.

The exchange unstaked over $100 million worth of SHIB and re-staked $30 million worth of tokens.

Ethereum developers decided to drop the pre-planned EOF implementation from the Shanghai upgrade to prevent any delay in ETH unstaking.