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Coinbase contends state lawsuits impede access to M in staking rewards for users

Coinbase contends state lawsuits impede access to $90M in staking rewards for users

Leave a Comment / crypto, Exchanges, Featured, Legal, Regulation, Staking / best time

Five US states continue to pursue lawsuits against Coinbase’s staking program, and the firm’s executives argue that this is creating barriers for users who seek to earn rewards through the platform, amounting to over $90 million since 2023. According to Coinbase’s chief legal officer Paul Grewal, California, New Jersey, Maryland, Washington, and Wisconsin are maintaining […]

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Web3 Protocol Symbiotic Raises M in Series A, Launches Universal Staking Framework

Web3 Protocol Symbiotic Raises $29M in Series A, Launches Universal Staking Framework

Leave a Comment / Blockchain News, Pantera Capital, Staking / best time

Symbiotic, a restaking project that allows networks to customize their staking implementation, has announced a $29 million Series A funding round led by Pantera Capital. The funding saw participation from Coinbase Ventures and more than 100 angel investors, including Aave and Polygon. According to the official release shared with Cryptonews, Symbiotic aims to transform staking

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Canadian watchdog greenlights spot Solana ETFs with staking rewards

Leave a Comment / crypto, ETF, Featured, Staking, TradFi / best time

Canada is poised to debut the world’s first spot Solana exchange-traded funds (ETFs) on April 16 after the Ontario Securities Commission (OSC) approved listings from four major issuers: Purpose Investments, Evolve ETFs, CI Global Asset Management, and 3iQ. Bloomberg senior ETF analyst Eric Balchunas shared the development in a social media post on April 14,

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Hong Kong sets new rules allowing staking services for crypto firms and ETFs

Leave a Comment / Hong Kong, Regulation, Staking / best time

Hong Kong’s Securities and Futures Commission (SFC) has unveiled new regulatory guidance allowing licensed Virtual Asset Trading Platforms (VATPs) and exchange-traded funds (ETFs) to offer staking services, according to an April 7 statement. Locking up tokens with staking to validate transactions in exchange for rewards is central to blockchain networks running on a proof-of-stake (PoS)

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Kentucky drops Coinbase’s staking lawsuit amid growing regulatory shift

Leave a Comment / Coinbase, Ethereum, Featured, Kentucky, Legal, SEC, Staking / best time

Kentucky has officially dropped its lawsuit against Coinbase over the exchange’s crypto-staking services. According to a joint filing submitted on March 31, the state’s Department of Financial Institutions dismissed the case without prejudice, signaling a broader shift in regulatory sentiment. Paul Grewal, Coinbase’s Chief Legal Officer, responded by highlighting the growing momentum in favor of

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South Carolina explores Bitcoin reserve, drops Coinbase lawsuit

Leave a Comment / Adoption, Bitcoin, Coinbase, crypto, Featured, South Carolina, Staking / best time

South Carolina has taken a significant step toward integrating digital assets into state-level financial strategy. On March 27, the state lawmakers introduced a new bill to create a Bitcoin reserve to safeguard public funds from inflation. At the same time, the state dropped its lawsuit against Coinbase over alleged securities violations tied to its staking

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Coinbase stakes its claim as Ethereum’s largest independant node operator

Leave a Comment / Coinbase, Ethereum, Featured, Staking, Technology / best time

Coinbase is the largest single-node operator supporting staking activities on the Ethereum network. According to its maiden Validator Performance report, the US-based exchange has staked 3.84 million ETH through 120,000 validators, accounting for 11.42% of the total staked ETH. Beyond its direct staking operations, Coinbase has also staked an additional 581,500 ETH through partners as

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BNB launches Good Will Alliance to counteract MEV sandwich attacks

Leave a Comment / Featured, Staking, Technology, Web3 / best time

BNB Chain has launched the Good Will Alliance, aiming to counteract malicious maximal extractable value (MEV) practices, starting with targeted measures against sandwich attacks. The initiative aims to unite infrastructure builders, validators, and the broader community to establish ethical standards, best practices, and enhanced security within the BNB ecosystem. Sandwich attacks, a prevalent form of

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