PRESS RELEASE. A new project called Green Bitcoin (GBTC) saw a sudden burst of popularity around the time when the original Bitcoin (BTC) saw its massive price surge. While Bitcoin skyrocketed to an all-time high, Green Bitcoin — currently still in presale — managed to raise $ 6 million in only two weeks. Green …
Ether Locked in Liquid Staking Platforms Skyrockets to $54.34B With a $26.85B Rise in 64 Days
The volume and worth of liquid staking derivatives (LSDs) have expanded significantly since the beginning of the year, with 1.56 million ether being added to LSD protocols since Jan. 6. The total value of ethereum stored surged by $ 26.85 billion in the last two months. LSD Market Flourishes: Ethereum Holdings Cross $ …
Floki Responds to Hong Kong SFC’s Warning, Asserts Compliance and Clarifies Staking Program
Floki has formally responded to the Hong Kong SFC’s recent warning, reiterating their commitment to compliance across jurisdictions and explaining the rationale behind their staking program’s high returns. Cryptocurrency Project Floki Counters Hong Kong SFC’s Warning In a detailed blog post dated Jan. 29, Floki, the team behind the dog-themed memecoin, addressed the recent warning […]
Hong Kong’s SFC Issues Warning on Floki’s ‘Highly Risky’ Staking Programs
A Hong Kong watchdog, the SFC, has cautioned investors about the enticing yet potentially risky ‘Floki Staking Program’ and ‘Tokenfi Staking Program,’ which offer high annualized returns without the required regulatory green light. SFC Warns Against Unregulated Floki and Tokenfi Crypto Staking Programs The Hong Kong Securities and Futures Commission (SFC) has issued a public […]
Metamask Launches Ethereum Validator Staking Services
Metamask, the Ethereum Virtual Machine (EVM) wallet, has announced the launch of its validator staking services for Ethereum. The feature will allow users who want to stake their ether to do it simply from the Metamask portfolio interface, without managing hardware equipment, while maintaining custody of the cryptocurrency staked. Metamask Introduces Validator Staking for Ethereum […]