SSV.network hits mainnet to increase decentralization of Ethereum staking pools
SSV.network launches distributed validator technology network with more than 10 partner staking DApps to help decentralize Ethereum staking. Go to Source
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Cosmos Hub upgrades to offer liquid staking
The upgrade introduces a liquid staking module, eliminating a 21-day locking period applied for unstaked ATOM tokens. Go to Source
VC Roundup: Enterprise blockchain, Bitcoin staking and Web3 pique investors’ interest
Orbital, ZTX, Stroom Network, unshETH and Fxhash highlight the latest funding deals from the world of crypto and blockchain. Go to Source
Balancer protocol exploited for $900K as DeFi hacks mount: Finance Redefined
DeFi exploits resulted in losses of over $16 million in August. Go to Source
FTX files motion for Galaxy Digital to manage recovered crypto holdings
Galaxy Digital set to manage the sale of bankrupt FTX’s crypto holdings and facilitate staking of certain tokens to generate passive yield. Go to Source
Canada’s regulatory clarity is bringing institutions to crypto – WonderFi CEO
Dean Skurka stated that although regulations have increased cost, they have also led to greater interest in crypto from institutions. Go to Source
Crypto staking rewards are taxable once received: IRS
The U.S. tax department will be requiring taxpayers to count staking rewards as gross income at the time they gain “dominion” over the tokens. Go to Source Powered by WPeMatico
Nifty News: Yuga Labs to buy metaverse studio, Etihad NFT staking to take off and more
Roar Studios will be acquired by Yuga Labs as the latter looks to onboard talent for its still-in-development Otherside metaverse. Go to Source Powered by WPeMatico
Ethereum is about to get crushed by liquid staking tokens
The popularity of liquid staking tokens could usher in a new age for Ethereum and the rest of cryptocurrency — and play a key role in the new bull market. Go to Source Powered by WPeMatico
Judge suggests IRS issued $4K refund over tax lawsuit based on quality of lawyers: Report
A couple who filed a lawsuit over how staked Tezos tokens were taxed has gone to appellate court after refusing to accept a refund check from the IRS. Go to Source Powered by WPeMatico
