Staking

Ethereum Restaking Raises Concerns over ‘Hidden Risks’: Coinbase Report
Ethereum

Ethereum Restaking Raises Concerns over ‘Hidden Risks’: Coinbase Report

Ethereum restaking could form the ‘bedrock’ for a wide range of new decentralized applications on the blockchain. However, it could also introduce several new hidden risks, says Coinbase. In a research report released on April 2, analysts David Han and David Duong from Coinbase outlined various risks associated with restaking and issuing liquid restaking tokens […]

Apr. 3, 2024
Ethereum Network Hits 1M Validators with $114B Staked
Blockchain

Ethereum Network Hits 1M Validators with $114B Staked

Data from a Dune Analytics dashboard created by Hildobby, which tracks Ethereum staking progress, shows that the total number of validators on the Ethereum blockchain reached the one million mark on March 28. These validators have staked over 32 million of Ether, valued at approximately $114 billion based on current market prices. This amount constitutes […]

Mar. 28, 2024
Hong Kong Flags “TokenFi” and “Floki” Staking Programs
Crypto

Hong Kong Flags “TokenFi” and “Floki” Staking Programs

Hong Kong’s Securities and Futures Commission (SFC) cautioned investors against two “suspicious” investment offerings named “TokenFi Staking Program” and “Floki Staking Program.”  Both products affiliated with the Floki ecosystem offer crypto staking. These programs claim to offer high annualized return targets ranging from 30% to over 100%. However, the SFC emphasized that neither of the […]

Jan. 29, 2024