Binance-backed pSTAKE Finance launches Bitcoin liquid staking solution
pSTAKE is among the most recent protocols making Bitcoin a yield-generating asset with more capital efficiency. Go to Source
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Ark Invest Removes Staking Option From Latest Ethereum ETF Proposal
Ark Invest and 21shares have revised their proposal for a spot ethereum exchange-traded fund (ETF), removing previously included options for staking. This change marks a significant pivot from their earlier filings, which had contemplated engaging trusted staking providers to manage part of the trust’s assets. Ark Invest and 21shares Modify Ethereum ETF Proposal, Omit Staking … Read more
Figment takes over staking services for Dutch exchange Bitvavo
Institutional staking platform Figment will become Dutch exchange Bitvavo’s new staking infrastructure provider. Go to Source
EigenLayer sees over 12,000 queued withdrawals. How far will TVL fall?
Mass withdrawals started on April 29, after EigenLayer’s decision to ban U.S. and Canada-based participants from its upcoming airdrop. Go to Source
Fear of Impermanent Loss: Though ‘Overstated,’ It Has Impacted Participation in Liquidity Pools, Says Mehdi Lebbar
Although decentralized finance (defi) continues to evolve, it is being perceived as the domain of a select few, Mehdi Lebbar, the co-founder of the investment platform Exponential, says. However, he argues that defi protocols can alter this perception by emphasizing user education. Lebbar contends that regular educational newsletters, explainer videos, and social media posts can … Read more
Karak has ‘good chance’ of becoming next EigenLayer after EIGEN airdrop disappointment
EigenLayer’s decision to ban U.S. and Canada-based airdrop participants could lead to a mass exodus to other restaking protocols. So will Karak become the next EigenLayer? Go to Source
Lido Finance hits 1M validators, fueling the growth of DeFi
Lido, the largest liquid staking protocol, controls over 28.5% of all staked Ether, as liquid staking remains the largest DeFi protocol category. Go to Source
BNB Announces Native Liquid Staking Addition in BSC
BNB Chain, one of the largest smart contracts-enabled ecosystems in the crypto environment, has announced the inclusion of native liquid staking in its BSC blockchain. The new feature aims to allow validators to secure the network and maintain the liquidity of its assets while the ecosystem abandons the Beacon chain. BNB Chain Evolves Into a … Read more
Renzo’s ezETH depegs to $688 following end of airdrop farming window
Despite the temporary price depeg, a trader made nearly $400,000 in profit due to the unfortunate incident. Go to Source
Solana Developers Deploy Fixes to Mainnet to Address Network Congestion
Solana developers have successfully pushed a series of fixes to address network congestion issues. On April 15, Solana urged validators to update to v1.17.31, a version that changes how certain validators are treated depending on their stake. Further fixes will be shipped in the coming weeks, including a new scheduler that will be disabled by … Read more
