Latest Report De-dollarization: Do all roads eventually lead to Bitcoin? The U.S. dollar’s reign as the reserve currency of the world could be coming to an end. CryptoSlate’s latest market deport explores the de-dollarization of the world to find what role will Bitcoin play in the global economy. Andjela Radmilac · 4 days ago
Ad Coinbase has begun its transition to on-chain staking for four cryptocurrency assets, according to an announcement on March 23. Four assets affected, one discontinued Coinbase’s announcement and an attached help page say that customers will “earn rewards from the protocol, not Coinbase” under the new approach. Th firm says that its only role will…
Liquid staking protocol Lido (LDO) has set a May target for staked Ethereum (stETH) withdrawals. The protocol explained that its timeline was affected by the ongoing audits of its V2 platform. Lido spent $1.2 million on seven audits In a March 14 Twitter thread, the DeFi protocol said it had spent $1.2 million on seven…
Ad A new article published in Lexology navigates the evolving landscape of crypto staking and custody. The article, published by the law firm Wilson Elser, looks at current rules and regulations relating to the oversight and enforcement of crypto firms engaged in activities like staking and stablecoins. With Ethereum’s transition to proof-of-stake, the Securities and…
Ad Ethereum has completed the “Shapella” upgrade on its Sepolia testnet, according to tweets from various Ethereum developers on Feb. 28. The upgrade was completed at epoch 56,832 at 4:04 a.m. UTC as planned. The name “Shapella” is a portmanteau, referring to the fact that the upgrade combines two related upgrades: Shanghai (which adds features…
Ad The Cardano community is divided over contingent staking, with detractors calling it a compliance protocol to appease U.S. lawmakers. Input Output CEO Charles Hoskinson said he finds such criticisms baffling, putting it down to a misconception of the idea. “I’m still at a loss reading some of the comments on contingent staking. It’s incredible…
Ad Access Protocol, the digital content monetization platform — adopted by crypto content platforms such as The Block, CoinGecko, CryptoBriefing, and CryptoSlate — is set to go live on Feb. 15. Access Protocol goes live Following a community AMA on Twitter, the project will launch on the Solana blockchain with listings on MEXC, Gate.io, Coinbase,…
Ad Input Output (IO) CEO Charles Hoskinson argued that the SEC was right to go after Kraken over its Staking Program. During a live stream broadcast on Feb. 14, Hoskinson spoke in detail about the SEC-Kraken enforcement action. Informing his comments was the actual complaint filed by the regulator with the District Court. Based on…
Ad Coinbase CEO Brian Armstrong said the exchange’s staking service does not pass any of the four criteria of the Howie Test and will “happily” defend it in court if required. The Securities and Exchange Commission (SEC) uses the Howey Test to determine where a transaction qualifies as an investment contract and can be labelled…
Kraken Exchange Company in North America Kraken is a San Francisco-based digital asset exchange in euro volume and liquidity that trades various currencies, including Canadian dollars, US dollars, British pounds, and Japanese yen. More about Kraken Info Twitter LinkedIn