PRESS RELEASE. USA, New York, November 23, 2023 – In the dynamic realm of decentralized finance (DeFi), CAGA Crypto emerges as a remarkable example of innovation and community-driven governance. As it prepares for listing on major centralized exchanges – Gate.io, Bitmart, the crypto community is abuzz with anticipation. Here’s an exclusive look into the groundbreaking […]
Lido, Coinbase, and Rocket Pool Corner 89% of Ethereum’s Booming $20 Billion Liquid Staking Market
Since 2020, applications for liquid staking on the Ethereum blockchain have seen steady growth, and as of the first week of October 2023, a total of 23 liquid staking derivatives (LSD) platforms hold 12.4 million ether, valued at over $ 20 billion. Currently, the top three LSD protocols hold sway over 11.041 million ETH, …
Liquid Staking Platforms Zoom Past 12 Million ETH With an Addition of 370,000 Ether in 5 Days
In just five days, liquid staking platforms saw a surge of 370,000 ether in their ethereum holdings, breaching the 12 million ETH mark—rising from 11.94 million to a notable 12.31 million. Interestingly, Binance’s liquid staking token, WBETH, was the powerhouse behind this growth, accounting for over 86% of this week’s increase, swelling by 318,605 ether […]
Ethereum’s Liquid Staking Platforms See $1B Influx in 20 Days, Nearing 12M ETH Milestone
Over 20 days, 640,000 ETH valued at just over $ 1 billion was added to liquid staking derivatives platforms. Additionally, the amount of ether staked in such protocols is approaching 12 million, with 11.97 million total value locked (TVL) as of September 15, 2023. Ethereum Staking Platforms Race to 12M Ether With $ …
Coinbase Cloud and Kiln ‘Unlock’ Native Ethereum Staking: No More 32 ETH Minimum
Coinbase Cloud and blockchain infrastructure company Kiln are now allowing ethereum (ETH) users to stake any amount of ether natively. The new offering removes the previous 32 ETH minimum staking requirement. Staking for All: Coinbase Cloud and Kiln Break Down Minimum Barriers With the integration of Kiln’s onchain staking platform, Coinbase Cloud and its clients […]