JitoSOL Becomes the First Solana Liquid Staking Token with Bank Custody in the U.S.
TL;DR JitoSOL becomes the first Solana liquid staking token backed by Anchorage Digital, the only federally chartered crypto bank in the U.S. The service allows...
Tag : staking
Zeus Network Launches btcSOL: Grow BTC from SOL
TL;DR Earn Bitcoin Daily: Zeus Network introduces btcSOL, enabling SOL holders to stake their assets (or LST-SOL) and automatically receive daily Bitcoin rewards. Seamless DeFi...
Babylon Foundation Announces BABY Token Airdrop Amid $21M Bitcoin Unstaking
TL;DR BABY Token Airdrop Launched: The Babylon Foundation distributed 600M BABY tokens (6% of supply) to reward early Bitcoin staking adopters, including stakers, Pioneer Pass...
Galaxis’ New Staking Programs Transform Digital Community Participation
TL;DR Galaxis has launched two innovative staking programs, Governance Staking, and Engine Superlock, to enhance community engagement and reward mechanisms. Governance Staking empowers community members...
Solv Protocol Raises $11 Million to Boost Bitcoin Staking
TL;DR Solv Protocol has raised $11 million in funding, reaching a $200 million valuation, allowing it to expand its SolvBTC product. Investments come from Nomura’s...
Babylon Revolutionizes Bitcoin With Its New Tool: Trustless Native Bitcoin Staking
TL;DR Babylon has launched “Trustless Native Bitcoin Staking,” an innovative tool that allows users to stake BTC securely and without intermediaries. This feature turns BTC...
DeFi TVL Hits $60 Billion as Restaking Gains Momentum
TL;DR DeFi TVL reaches $60 billion as the crypto market rallies and liquid staking and restaking innovations attract more users. Lido Finance dominates liquid staking with 37%...
Binance Invests in Ethereum Liquid Restaking Through Puffer Finance
TL;DR Binance Labs strategically invested in Puffer Finance, a liquid restaking protocol on Ethereum, allocating funds for the development of its Layer 2 network. Puffer...
Ethereum Liquid Staking Experiences Exponential Growth: $20 Billion at Stake
The liquid staking market on the Ethereum network has seen exponential growth, surpassing $20 billion in funds staked through liquid tokens (LST) this November 2023....
Ethereum is Now Just a Step Away from Staked ETH Withdrawals
The Shanghai Update, which would allow users the opportunity to withdraw staked Ethereum, is gearing up for launch in April. The core developers behind the...