Digital Currency Group (DCG) confirms entering an in-principle agreement to enable Genesis Global to honor the creditor’s claims. The claims arose following the latter’s plunge into bankruptcy following the crypto lender’s exposure…
Category: Crypto Staking
Binance Labs Investing in Liquid Staking Protocol Pendle Finance
Binance Labs revealed in its recent announcement supporting Pendle Finance, marking another investment shot in the liquid staking segment. The venture unit of the world’s largest crypto exchange by transaction volume, Binance,…
Ethereum Vs. Litecoin – What’s the Difference?
Both Ethereum and Litecoin are designed to facilitate transactions and are built using blockchain technology. However, the two networks operate differently. In this article, we will explore their key differences and discuss…
Hotbit Terminates Operations, Issues June Deadline to Withdraw Funds
Hotbit is set to halt all operations citing the increasingly cumbersome experience of running centralized exchanges. The Hotbit team admitted battling a litany of issues that made the centralized exchange lack long-term…
Shapella Upgrade: Investors’ Risk Appetite Stable Despite 1M+ ETH Withdrawals
In the world of cryptocurrency, taking risks is a constant. Even the most experienced traders can never know what the market will do next. This is why many investors were apprehensive about…
ETH Staking Slows Down Ahead of Much Awaited Shapella Upgrade
Data from on-chain analytics platform Glassnode shows that the amount of staked ETH has reduced significantly as the Ethereum community awaits the Shapella upgrade. The drop in staked ETH is due to…