American university appropriates $4 million for staking 3 cryptocurrencies : ☺

The state of Wyoming continues to drive cryptocurrency adoption, and the latest development in the area is creating a cryptocurrency staking program, advisory council, and appropriating $4 million towards it.

Interest in both blockchains has spiked with the new milestones. ATOM surged to a new all-time high in January. To accommodate the renewed interest, Binance will expand its staking feature to support both cryptocurrencies.

While there have been some impressive progress in the furthering relationship between cryptocurrencies and state governments, there is still a ways to go. According to the United States’ Library of Congress, this assessment published a thorough 124-page report this month.

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Even before climbing to a new all-time high price for the first time in three years, Ethereum had been one of the most-talked-about cryptocurrencies and blockchains in the industry. The ETH 2. 0 staking contract — the deposit address containing the ETH dedicated to validating its new Proof-of-Stake network — has surpassed another milestone.

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Trading is not the only way to earn money with crypto. Passive income with coins is possible through staking as well. But not all coins are good for staking, some are better than the other and for this reason, we compiled this list of best staking coins to reap staking rewards.

Fireblocks wants to help institutional investors access crypto staking opportunities. The company’s institutional focus comes at a time when interest in crypto is high. Digital asset security platform Fireblocks has been working over the past year to improve institutional access to cryptocurrencies.

Crypto custodian Fireblocks has announced the launch of new proof-of-stake capabilities on its platform, enabling its 165 enterprise and institutional clients to stake cryptocurrencies.
The post Staking Polkadot (DOT) just became easier for institutions appeared first on CryptoSlate.

Staking pool protocol, Moonstake, today announced the support of staking Polkadot’s cryptocurrency DOT, one of the top 10 cryptocurrencies by market cap, in Moonstake’s Web Wallet. Moonstake also offers staking on Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, and Qtum.

Top crypto exchange Kraken made a significant splash when it announced its Ethereum staking service last year. Since then, it has gotten a substantial amount of commitment from users. This week, the exchange confirmed its customers have staked over $1 billion in assets on its crypto service, marking continued growth.

The value reflects the many long positions investors are trading in cryptocurrencies.

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Binance is set to list OG, ATM and ASR in its Innovation Zone and open trading against major cryptocurrencies like BTC and USDT.

There is an enormous shift in finance toward digital solutions over the last several years, and that trend has only kicked into overdrive since 2020. The need for frictionless, decentralized solutions to the aging traditional finance system has led to the emergence of cryptocurrencies and decentralized finance.

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PRESS RELEASE. CoinsLoot is a decentralized crypto platform offering a range of benefits for gamers, investors and cryptocurrency enthusiasts. For the first time ever, users can purchase Loot Boxes with ERC-20 tokens to reveal a secret selection of cryptocurrencies and huge prizes, like the Tesla model X.

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PRESS RELEASE. What is yield farming? Yield farming, also referred to as liquidity mining, is a way to generate rewards with cryptocurrency holdings. In simple terms, it means locking up cryptocurrencies and getting rewards.

Swiss financial entities focused on cryptocurrencies are engaging clients with new opportunities. From expanding existing ecosystems to staking large amounts on upcoming projects, Switzerland’s crypto connections are only increasing.

UTRON DeFi — The Interoperable DeFi liquid yield generator, interconnecting industrial mining capabilities with next generation decentralized finance solutions. Vision: UTRON and our future user-friendly ecosystem contribute to the adoption of mining and staking cryptocurrencies with next generation decentralized finance solutions.

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The number of issued cryptocurrencies and digital tokens has exceeded 7 thousand. In this ocean of cryptoprojects it is difficult for investors to recognize promising services at an early stage of development, but at the same time investments at this stage maximize the profits.

Popular trading platform, eToro, announced on Thursday that it would provide staking rewards for cryptocurrencies starting with Cardano (ADA) and Tron (TRX). The multi-asset exchange stated that clients that own these cryptocurrencies, ADA, or TRX, would have a chance to earn rewards by staking, which will be paid out monthly.

Mumbai-based cryptocurrency exchange CoinDCX launched its new product on Friday, allowing users to stake cryptocurrencies from Harmony, Qtum and Tron.

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Staking is a quickly gaining popularity in the world of cryptocurrency, as the process of earning a profit while helping to secure the underlying network is an attractive proposition. After all, by staking or delegating some of the most popular cryptocurrencies like Tezos (XTZ), Cosmos (ATOM), and NewsCrypto Coin (NWC), it’s possible to earn betweenRead MoreRead More.

One of the hottest cryptocurrencies in the crypto sphere, Tezos (XTZ) has been enjoying a rally throughout 2020. In mid-February, XTZ jumped 183% YTD only to fall 65% during the March sell-off. Since then, the 10th largest cryptocurrency has risen 113% and is now trading at $2.

Among the top 100 cryptocurrencies, Matic Network was started in 2017 and its Alpha mainnet was launched at the end of June last year, which was sidechain working on the top of the Ethereum Mainnet, that allowed developers to build and test their full end-to-end applications.

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Ethereum (ETH) co-creator Vitalik Buterin recently appeared on the CryptoPOV podcast with host David Hoffman to discuss issues concerning the ETH 2. 0, the race to be the defacto internet money, as well as the long-term relationship between Ethereum and Bitcoin — the two most popular cryptocurrencies.

US-based Binance is the latest entrant into the staking game. It has joined other leading crypto exchanges by including staking rewards for cosmos (ATOM), and algorand (ALGO) cryptocurrencies. The exchange released an official announcement on Wednesday regarding this new development and stated that the returns are to be made on a month-to-month basis. ATOM and ALGO […]

Binance US has joined other major exchanges in the staking game, adding staking rewards for cryptocurrencies algorand (ALGO) and cosmos (ATOM).

The total amount of staked cryptocurrency has spiked to an all-time-high over $8 billion. Holders of proof-of-stake cryptocurrencies are choosing to stake their coins to support the network in exchange for income.

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Could 2020 be the year of proof-of-stake (PoS) cryptocurrencies? According to one analyst, the market is currently overlooking its potential impact. Proof-of-stake cryptocurrencies are posited as an alternative to proof-of-work mining, but are they viable in the long-run? Staking has yet to take off in the cryptocurrency industry, despite being talked about for years.

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Trading is not the only way to earn money with crypto. Passive income with coins is possible through staking as well. But not all coins are good for staking, some are better than the other and for this reason, we compiled this list of best staking coins to reap staking rewards.

Американская компания цифровых активов BitGo объявила о запуске новой услуги BitGo Staking. Об этом компания написала в Твиттере: «BitGo рада объявить, что приобрела Hedge и запустила стейкинг криптовалют».

BitGo, US-based digital asset trust company, announced the launch of its latest service, BitGo staking. The company made the news official through Twitter, which read, “BitGo is excited to announce it has acquired Hedge and launched staking for cryptocurrencies.

Поставщик кастодиальных решений BitGo предложил клиентам возможность получения пассивного дохода на криптовалютах Dash (DASH) и Algorand (ALGO). BitGo is excited to announce it has acquired Hedge and launched staking for #cryptocurrencies.

Custodian service BitGo announced BitGo Staking, beginning with cryptocurrencies dash and algorand.

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Binance, the world’s leading cryptocurrency exchange, announced the launch of its staking platform allowing its users to earn their staking rewards simply by depositing their funds on the exchange.

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Binance has formally announced they will launch a staking service for networks such as NEO, Ontology, Stellar Lumens, and Komodo, September 26, 2019. Staking has been gaining an increasing amount of attention of late as more and more network look at Proof of Stake (PoS) as a replacement for consensus through the energy-intensive Proof ofRead MoreRead More.

Coinspeaker Binance Staking Platform Launched for 8 CryptocurrenciesBinance has launched its staking platform that enables users to earn dividends or interest on their digital assets just for depositing them on the platform.

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There are many different ways to increase one’s cryptocurrency holdings. Some do it by buying more coins, while others try to mine altcoins with a GPU or ASIC. Another option worth looking into is known as cryptocurrency staking.

Cardano is a project that was started back in 2015 as an effort to change the way cryptocurrencies are designed and developed.   Cardano is a member of the 3rd generation of blockchains coming in after Bitcoin and Ethereum in the crypto-evolution cycle.

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Similar to traditional financial ecosystem where strict guidelines govern the way new fiat currencies are minted by central banks, the decentralized world of blockchain-based cryptocurrencies have several consensus algorithms (proof-of-work (PoW), proof-of-stake (PoS), delegated-proof-of-stake (DPoS), and others which leverage different principles to mint new coins, secure a distributed ledger and partake in governance.

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Binance’s official digital currency wallet app Trust Wallet has announced plans to launch a staking feature for cryptocurrencies

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The China-based crypto exchange giant Binance has announced that it will launch Binance Singapore this month, a fiat-to-crypto exchange with support for the Singaporean Dollar (SGD).

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The official cryptocurrency wallet app of choice for Binance has added support for Tezos (XTZ). Additionally, the app is working on introducing a staking feature for Proof-of-Stake-based cryptocurrencies.

Brian Armstrong, CEO and Co-founder of Coinbase, spoke about the new staking service provided by the platform for institutional investors, in an interview with Fortune’s Jeff Roberts. Towards the end of March 2019, Coinbase announced that they would be launching offline staking support for Proof-of-Stake cryptocurrencies, starting with Tezos [XTZ], the nineteenth largest cryptocurrency by […]
The post Coinbase CEO says crypto-winter only for coin prices; claims it’s summer for innovation appeared first on AMBCrypto.

Coinbase Custody’s 60 institutional clients, who currently store around $600 million on the platform, will be able to stake or “bake” Tezos (XTZ). Staking or baking dividends are akin to interest in the regular world.

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Bitcoin exchange giant Coinbase is introducing a new space for investing by launching a program that offers institutional investors the option to earn interest on specific cryptocurrencies they hold.

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China-based mining giant Bitmain has announced a new mining rig that uses less power. The hardware mining manufacturer has launched a 7nm application-specific integrated circuit (ASIC) processor dubbed the BM1397.

EOS, Tezos (XTZ), Proof of Stake (PoS)–In a surprising turn of events for crypto-related news, popular financial outlet Bloomberg is featuring a piece on the benefits of staking coins through bear market conditions, a process familiar to investors of PoS currencies.

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Usually, people think that the only way to make a nice amount of money in crypto is to buy them in the lower price and sell them when the price rises. However, there are hundreds of other smart ways to earn money in the crypto space.

What Is SatoWallet? SatoWallet is an all-in-one application used for trading, storage, investment, staking, and securing user’s blockchain assets. The applications contains a variety of unique features one of them is the inbuilt exchange, on which users can trade various cryptocurrencies with the lowest transaction fees and the multiple trading pair. Users can trade crypto anywhere […]

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Token holders can transact all cryptocurrencies on single exchange and reap passive income benefits from staking.
The post BITTO Launches World’s First Cryptocurrency Exchange with ERC20 Proof of Stake appeared first on CoinSpeaker.

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