Proof of Stake (PoS)
What Is Proof of Stake? Proof of Stake (PoS) is a consensus mechanism used to validate new transactions and propose new blocks in blockchain networks. In PoS, validators are selected…
Curve founder Michael Egorov proposes 21m CRV funding for Swiss Stake AG
Michael Egorov’s proposal seeks new funding for Swiss Stake AG, the organisation building Curve. The Curve founder says a 21 million CRV grant will help fund the DeFi protocol’s research…
FTX trial: FTX used billions in customer funds for Binance stake buyback
FTX is accused of using customer deposits to repurchase Binance stake. An accounting professor hired by the US Department of Justice reveals over a billion dollars came from customer funds…
Crypto gambling site Stake sees suspicious withdrawals totalling $16M
The withdrawals were flagged by Security firm Cyvers Alerts. The cryptocurrencies involved in the withdrawals include USDT, ETH, DAI, USDC and STAKE. Alphapo, a supplier of payment services to several…
Coinbase buys a stake in USDC stablecoin issuer Circle
Previously, Coinbase only assumed a minority role as a distributor and promoter of the Circles USDC project. Buying a stake in Circle means Coinbase is taking a more hands-on approach…
Cathie Wood boosts stake in Coinbase stock despite SEC lawsuit
The U.S. SEC sued Coinbase Global for violating securities laws this week. Wood bought $21 million worth of Coinbase stock on consequent sell-off. Coinbase stock is currently up nearly 60%…
Crypto casino Stake partners with Alfa Romeo F1 Team
The partnership sees Stake become a co-title sponsor for the 2023 F1 season and beyond. The Alfa Romeo F1 Team will take on a new identity as Alfa Romeo F1…
Top tokens at or under $1 you can stake and earn rewards in a bear market
With a prolonged bear market, cryptocurrency bulls may face difficulties in generating sustainable profits. But have you ever thought about staking? Staking is when you lock up your digital assets…
What is wrong with Coinbase? CEO selling 2% of stake – a Deep Dive
Put an arm around a Coinbase investor today. CEO and founder Brian Armstrong has announced he is selling 2% of his stake, in what amounts to another blow to the…
Ethereum finally migrates to a proof of stake after completing the Merge
The Ethereum network has finally switched to a Proof of Stake (PoS) protocol after… The post Ethereum finally migrates to a proof of stake after completing the Merge appeared first…