Nearly every segment of the crypto sector underwent explosive growth in 2021. The steady inflow of institutional funds could possibly be interpreted as a signal that the best is yet to come.For new users, figuring out how to obtain cryptocurrency can be a tedious task, and the challenge of securing the assets off exchanges is another hurdle some investors find difficult to … [Read more...] about Got crypto? Here are 3 software wallets for storage, staking and swapping
Staking
Crypto Giants Back $3.2M Round for Data Provider Staking Rewards
Staking Rewards, a data provider for staking and crypto growth tools, has raised three million Swiss francs (US$3.2 million) in a funding round co-led by Galaxy Digital, Digital Currency Group and CoinShares (Digital Currency Group is the parent company of CoinDesk). Source link … [Read more...] about Crypto Giants Back $3.2M Round for Data Provider Staking Rewards
Why not DeFi? Exploring the argument for liquidity staking
When given a choice between making a profit through DeFi or accruing value via staking, most investors would opt for the former — and sneer at any who chose otherwise. This dismissive attitude isn’t difficult to justify; after all, DeFi has long been considered the only source for good yields.Consider the numbers — in 2020, the three top DeFi protocols by market capitalization … [Read more...] about Why not DeFi? Exploring the argument for liquidity staking
How liquid staking disrupts parachain auctions on Polkadot
A crowd loan is a Polkadot (DOT) crowdsourcing event in Polkadot that allows the community to support project bids in upcoming parachain slot auctions. Users contribute DOT, receive rewards in project tokens and get their DOT back in two years (a standard slot lease duration). This mechanic helps projects raise substantial capital in DOT tokens that may even exceed a few … [Read more...] about How liquid staking disrupts parachain auctions on Polkadot
Liquid staking protocol pSTAKE raises $10M from notable cryptocurrency venture capital firms and angel investors
On Tuesday, pSTAKE, a liquid staking protocol from decentralized finance (DeFi) platform Persistence, announced in a statement provided to Cointelegraph that it had closed a $10 million strategic funding round from venture capital firms. Tendermint, the core developer behind the Cosmos network, powers Persistence blockchain with its consensus engine.Liquid staking is the … [Read more...] about Liquid staking protocol pSTAKE raises $10M from notable cryptocurrency venture capital firms and angel investors