How Liquid Restaking Tokens are revolutionizing DeFi

Decentralized autonomous organizations (DAOs) are blockchain-based entities that are collectively owned by their members. These organizations have the potential to change the way we think about employment and recruitment in the future. With the rise of remote work and a shift in attitudes towards work, DAOs provide an alternative approach to finding and participating in…

The new rigs will add 7.6 EH/s to the firm’s self-mining capacity. However, the rigs won’t be installed until the first quarter of 2024. Riot Platforms — one of the world’s largest Bitcoin (BTC) mining companies — has bought 33,280 “next-generation” Bitcoin miners for its Texas facility, costing $162.9 million.The rigs, which were sourced from…

With its historic Merge event in September, Ethereum has become a proof-of-stake blockchain. The mechanism now used to confirm transactions relies on validators staking their Ether (ETH). Ethereum’s March upgrade, codenamed Shanghai, finally enabled stakers to withdraw their locked Ether. The Ethereum ecosystem’s “investment themes” have included a) decentralized finance (DeFi) b) stablecoins c) Bitcoin (via…

Payment platform Square saw a new revenue high from bitcoin (BTC) sales through its Cash app, while profits from Bitcoin sales remained low, according to a letter to shareholders outlining first quarter (Q1) 2019 financial figures.In its recently published letter on earnings — which is unaudited — Square revealed that in the Q1 2019 the…

The decline in profitability for long-term holders reached a level last seen during the peak of the bear market in 2018. However, the market bottomed and bounced back during the previous cycle. 498 Total views 6 Total shares Bitcoin’s (BTC) long-term profitability has declined to levels last seen during the previous bear market in December…

The world's largest exchange has played regulatory hopscotch, moving from different jurisdictions without central offices. 767 Total views 3 Total shares Britain's Financial Conduct Authority (FCA) released a supervisory notice on Wednesday, stating that prominent crypto exchange Binance is not capable of being effectively supervised and exposes users to financial risk.The FCA notice — originally dated…

Crypto mining is allowed, but payout in crypto is prohibited. Authorities in Russia continue the game of ping pong in regulating cryptocurrencies like Bitcoin (BTC) even after passing the country’s first crypto law.Russia’s Ministry of Finance has reportedly proposed a set of amendments to the law “On Digital Financial Assets,” or DFA, which bans many operations…

Polkadot’s parachain auctions will mark the most significant milestone on its roadmap since the mainnet launch in 2020. Currently in the testnet on the Rococo network, the next stage of the launch will involve the rollout of parachains on Polkadot’s crazy cousin, the “canary network” Kusama. The rollout of Polkadot parachains on the main network…