BitStamp Introduces Earn Product to US Customers for Staking Ethereum, Algorand
The Bitstamp Earn product will offer returns only on staking ETH and ALGO. Note that it won’t be involved with any kind of lending process.
This news section spotlights emerging altcoins, project updates, tokenomics changes and ecosystem developments driving innovation in DeFi, Web3 and digital assets. Keep track of the next wave of digital currencies before they make headlines—and gain insights that matter in the altcoin sector.
The Bitstamp Earn product will offer returns only on staking ETH and ALGO. Note that it won’t be involved with any kind of lending process.
The Stablecoin bill passed by Japanese lawmakers is bound to take effect 12 months from now, and irrespective of these delays, the bill will still make the Asian giant the first to pioneer this area of the growing blockchain ecosystem.
Balancer worked along with decentralized investment platform Conjunction X to deploy a decentralized exchange (DEX) that will compete within the Optimism ecosystem.
The ongoing macroeconomic events have a massive toll on the price of cryptocurrencies, and according to Arthur Hayes, there may still be more downsides to watch out for.
Chipotle is the latest addition to a growing list of restaurants that accept cryptocurrencies.
According to Harrison, Terra’s issue points to the role of exchanges in investor protection such as screening out assets that appear illegitimate or lack transparency and long-term value.
In a push toward community-driven growth, Axie Infinity is launching a new Builders Program along with grants in AXS to build new gaming experiences for users.
PoolTogether has described the case as lacking merit and a test of the core values of DeFi communities.
Binance successfully completed the LUNA airdrop on Tuesday, however, there have been reports of some mismanagement in the token distribution.
The UK wants to avoid a problem like the recent TerraUSD collapse and is instituting a safeguard plan should stablecoins collapse.
Optimism has decided to airdrop 5% of its OP governance tokens to users. Additional airdrops shall come in Q2 2022.
Markus has also recently claimed that he does not invest in crypto anymore.
Experts’ prediction on BTC price suggests that the leading crypto may wallow below $32K for a while unless strong bullish action rescues it.
Strong surge in the DeFi activity and the development activity on the Cardano blockchain has further supported a rally in the ADA price.
LUNA 2 saw its price quickly jump to $11.33, anticipating Binance’s airdrop. However, the token price has since receded to around $8.26.