Man who minted 14M ICX tokens due to a bug can pursue lawsuit to keep them
A flaw in an upgrade to the ICON blockchain in 2020 allowed a user to repeatedly mint millions of ICX tokens. Go to Source Powered by WPeMatico
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Europe’s Largest Telecom Provider Chooses to Leverage Coinbase Custody to Stake CELO Tokens
The largest telecommunications provider in Europe, Deutsche Telekom AG, announced on Monday that it will be leveraging Coinbase Custody to hold the firm’s celo tokens. Celo is a mobile-first platform that connects to decentralized apps, is EVM compatible, and the network allows holders to stake the crypto asset. While keeping the celo tokens with Coinbase … Read more
How yield farming on decentralized exchanges can become less risky
DeFi brings an opportunity to access the yields unseen in traditional finance, now with the competitive risk levels. Go to Source Powered by WPeMatico
DeFi projects face a painful dilemma right now as they seek ‘the holy grail’
Many DeFi projects face a painful dilemma: Should their protocols be designed for professional traders, or everyday consumers yet to embrace crypto in their masses? Go to Source Powered by WPeMatico
A16z taps Deutsche Telekom subsidiary as Celo validator
Deutsche Telekom’s T-Systems MMS is now a public validator on Celo via its Open Telekom Cloud infrastructure. Go to Source Powered by WPeMatico
Goldman Sachs backs $28M funding round for Blockdaemon
Goldman Sachs has backed a Series A $28 million funding round for Blockdaemon, and invested $5 million in the blockchain infrastructure firm. Go to Source Powered by WPeMatico
More Than 5 Million in Ethereum Worth $13 Billion Rests in the Eth2 Staking Contract
Statistics now show the Eth2 deposit contract has more than 5.2 million staked ether worth over $13 billion locked into the smart contract. The contract launched on November 4, 2020, and three weeks later, the contract met the required threshold to initiate the Beacon Chain. It’s not cheap to become a validator these days, as … Read more
Crypto couple tells court the IRS has no right to tax newly mined coins
Coins earned by staking have been “created” and are not taxable until sold according to one couple in the U.S. Go to Source Powered by WPeMatico
Staking giant Lido looks to bring services to Solana
Infrastructure provider Chorus One believes they can help Lido corner 25% of all staked SOL. Go to Source Powered by WPeMatico
Your future at stake: Uni of Wyoming allocates $4M to staking three coins
The University of Wyoming is embracing cryptocurrency staking as an innovative way to raise revenue. Go to Source Powered by WPeMatico