Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Liquid Staking
Inference Labs Raises $2.3 Million in Pre-Seed Funding to Revolutionize AI with Proof of Inference starting with Liquid Staking
Inference Labs closes a $2.3 million pre-seed round led by Digital Asset Capital Management, Mechanism Capital, and Delphi Ventures. The latest funding round for Inference Labs will boost their innovative AI efforts, focusing on creating a network for efficient AI verification that incorporates Proof of Inference consensus. Inference Labs, a visionary in combining artificial intelligence (AI) with Web3 technologies, is proud to announce a successful $2.3 million Pre-Seed funding round. The funding was led by Digital Asset Capital Management, Delphi…
1 year ago
What Is Liquid Staking? A Beginner’s Guide
Liquid staking is a new way to stake your coins and earn rewards. Here we will show you how to get started with liquid staking and explain the benefits of this new system. We will also discuss the main difference between standard staking and liquid staking. What is Liquid Staking? Liquid staking is a way to earn rewards for holding tokens. With liquid staking, you can stake your tokens and easily withdraw them if necessary. This makes it an excellent…
3 years ago
Exploring New Crypto Staking Possibilities with Chorus One
Investing in cryptocurrencies often involves two options: mining the digital currency or buying it directly on a cryptocurrency market. On the other hand, the crypto-curious have another option: staking their crypto holdings. Everyone in the crypto world needs to understand what “staking” means. Furthermore, to reap the benefits of this technique, investors must understand how staking works. Let us look into Chorus One together in today’s guide. Chorus One is a popular staking choice on the crypto market, as we…
3 years ago
Moonbeam Collaborates with Lido to Bring Liquid Staking to Polkadot
Ethereum-compatible smart contract platform Moonbeam has just announced a collaboration with Lido. Lido is a decentralized autonomous organization (DAO) that develops and maintains decentralized liquid staking protocols. Moonbeam will provide the parachain infrastructure and cross-chain interoperability to Lido for its expansion to Polkadot. Furthermore, the platform's Ethereum-compatible smart contract functionality will allow Lido to use familiar Ethereum tools to get to market quickly. The collaboration will bring liquid staking to Polkadot and Kusama. Moreover, the integration between the two introduces liquid staking to Moonriver and Moonbeam. Moonriver is a…
4 years ago