Op-Ed: Is Ethereum now under U.S. control? 99% of latest relay blocks are censoring the network

Following OFAC sanctions on Ethereum addresses related to Tornado Cash and other global entities, many were concerned with the precedent set by the bans. Vitalik Buterin, the founder of Ethereum, called for validators to be slashed if censorship were to occur at the protocol layer. However, over the past month, there has been an increase … Read more

Total staked Ethereum surpasses 14 million in Q3 amid 64% decline in price

The amount of staked Ethereum has increased to just over $19 billion at about 14 million ETH since the start of the year, according to a report by the trading platform Bestbrokers. While the price of Ethereum has declined around 64% during the same time, other assets such as Gold and equities are also down … Read more

OGN Season 2 Staking: What You Need to Know

OGN staking offers rewards from fees generated by Origin Story’s NFT platform. Season 2 of the staking program starts soon, and pre-staking just went live on our site. Key dates: Season 2 launch: Nov 9, 2022 at midnight UTC Season 2 staking locked: Feb 7, 2023 at midnight UTC Season 2 ends: Mar 9, 2023 … Read more

Osmosis co-founder questions the effectiveness of ETH staking post-merge

Osmosis Co-Founder Sunny Aggarwal has questioned the effectiveness of Ethereum’s staking model as it will not enable withdrawal of staked ETH post-merge. Currently, there are 13.7 million ETH staked on the beacon chain. According to the PoS design, the assets will remain locked until the Shanghai update goes live in the future, In a commentary … Read more

CryptoSlate Wrapped Daily: Coinbase bankrolls Tornado Cash users’ lawsuit; Terra Classic makes 1,900% comeback led by community

The biggest news in the cryptosphere for Sept. 8 includes Coinbase financing the lawsuit against the U.S. Treasury Department over Tornado Cash, Terra Classic’s community-led revival and an attack on the New Free DAO protocol. CryptoSlate Top Stories Bitcoin holds steady as ECB implements 75 bps rate hike Despite European Central Bank’s (ECB) announcement regarding … Read more

Bifrost, Coinbase Cloud collaborate to offer cross-chain liquid staking on Kusama

Cross-chain liquidity provider Bitfrost has collaborated with Coinbase Cloud to offer its liquid staking service on the Kusama network, according to a Sept.6 announcement. Bifrost was built using the cross-consensus messaging (XCM) system which allows for easier transfer of liquidity for assets staked across the Polkadot ecosystem. The collaboration will see Bifrost leverage Coinbase Cloud‘s … Read more

An Update on Distribution of Staking Token Rewards

In 2019, as part of the Matic Network (now, Polygon) token distribution, 12% of the MATIC token’s total supply was allocated for staking rewards to be released over a five-year period. Now that two years have passed, a report is being shared on the progress seen in the Polygon PoS network so far and an … Read more

Incentive-Driven Community Dex, Dystopia, Brings ve(3,3) to Polygon’s DeFi Ecosystem

Dystopia, a decentralized exchange (DEX) designed to offer improved emissions and incentive mechanisms, is launching on Polygon. The platform is the first DEX on Polygon to use the ve(3,3) model and provides users with a seamless swap experience for both closely correlated and non-correlated asset pairs at a nominal 0.05% trading fee. The platform enables … Read more

Kronos DAO Is Coming to Polygon to Bring DeFi 2.0 to the Masses 

With over 1.7 million governance token holders and an aggregate of $10.5 billion in total treasury holdings, 2022 is quickly becoming the year of the DAO. Among those leading the charge is Kronos DAO, the Klaytn network’s first and largest DeFi 2.0 protocol. Now, Kronos is coming to Polygon. Kronos DAO is the first decentralized … Read more

Ethereum post-merge staking rewards will likely be lower than anticipated

Ethereum’s(ETH) transition from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism — the so-called Merge — will not happen in June as many have predicted. As reported by CryptoSlate on April 14, Ethereum core developers will not yet be ready for the merge before the end of the third quarter. The highly-anticipated merge will mark … Read more