Everything web3, crypto, defi, degen
In brief Polygon’s consensus layer was knocked offline by a “validator exit.” The Polygon Foundation said it’s working to fully restore affected services. Polygon underwent a “technically complex” upgrade earlier this month. Ethereum scaling solution Polygon was disrupted for over an hour on Wednesday after a validator leaving the network triggered an unexpected bug.In a…
In brief The SEC acknowledged a proposal to permit staking for BlackRock’s ETHA. The regulator has delayed its decision on similar proposals. Spot Ethereum ETF have generated $9.4 billion in net inflows since their debut. The U.S. Securities and Exchange Commission acknowledged Nasdaq’s proposal on Tuesday to accommodate staking for BlackRock’s spot Ethereum exchange-traded fund,…
In brief SharpLink’s Ethereum holdings have more than doubled over the past three weeks Shares have tumbled as Ethereum’s rally has cooled over the past week. The company is aligning itself with Consensys’ Ethereum layer-2 network Linea. SharpLink Gaming has spent $780 million on Ethereum in July, establishing itself as one of the asset’s largest…
In brief Ethereum topped $3,900, its first time above that level since December, before retreating. Bernstein analysts said that Ethereum treasuries would have to weigh liquidity risks. The ETH treasuries have followed a general model pioneered by Bitcoin pioneers like Strategy. Ethereum treasuries are treating the asset differently than their Bitcoin-focused counterparts, generating staking rewards…
We’re excited to announce the launch of Bitcoin (BTC) staking through a new integration with Babylon, a Bitcoin-native staking protocol. This integration enables clients to earn passive rewards on their BTC without bridging, wrapping or lending it out. Beginning today, clients can choose to stake their BTC directly from Kraken. Their BTC is delegated, via…
We’re thrilled to announce supports for new USDC margin pairs for Solana (SOL), XRP (XRP), Cardano (ADA), Dogecoin (DOGE), Litecoin (LTC), Chainlink (LINK) and Polkadot (DOT) —Taking our total to over 200 markets enabled for margin trading on Kraken Pro! Here’s some more information about the tokens: Solana (SOL) is a blockchain platform aimed at…
We are excited to announce the launch of a new staking product for U.S. clients in 37 states and 2 territories, providing a straightforward and secure means for clients to participate in the security of supported networks. We plan to expand access to users in more states as permitted. Starting today, clients residing in eligible…
For over a decade, Kraken has provided a safe way for users to engage with the world of crypto, helping to usher in a new era of finance. Today, that mission takes a step onchain with Ink, an OP Stack Layer 2 (L2) blockchain providing the security and safety for crypto enthusiasts to engage with…
Here’s some more information about the tokens: Bonk (BONK) is a cryptocurrency that launched on Christmas Day 2022 as a free airdrop to the Solana blockchain community. It has gained popularity in the Web3 space and operates on the Solana blockchain as a cryptocurrency that emphasizes community involvement and decentralized finance principles. Bittensor (TAO) is…
You now have two options when earning rewards on your INJ with Kraken: Up to 10% on 21-day bonded terms: Lock up your INJ for just 21 days to power up your rewards to 10% APR with Kraken. Up to 5% on flexible terms: Enjoy up to 5% APR while keeping virtually instant access to…
