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
Haven1 and Stader Labs Partner to Bring Liquid Staking to the Safe Haven Ecosystem
Zug, Switzerland, June 4th, 2024, Chainwire New liquid staking token hsETH unlocks greater rewards on Haven1 Haven1, the REKT-resistant EVM Layer 1 blockchain, is thrilled to announce its strategic partnership with Stader Labs, a leading provider of liquid staking solutions, to introduce hsETH, a new liquid staking token that aims to maximize rewards and participation in the Ethereum ecosystem. This collaboration will provide access to a range of Web3 opportunities within Haven1's secure ecosystem. Leveraging Stader Labs' multi-pool architecture, hsETH…
1 year ago
After Securing $5.2 Million, Liquid Restaking Protocol YieldNest Launches on Mainnet
YieldNest, the most innovative liquid restaking protocol for Ethereum, has launched on Mainnet after a successful initial Contribution Round. The restaking protocol offers Ethereum holders the option to gain yields for allocating their ETH holdings, while still retaining the liquidity of their assets. Benefits of Restaking Using YieldNest EigenLayer has changed the concept of staking. Taking a page out of DeFi staking and LPs, EigenLayer has broken down barriers to revenue generation and security. By allowing restaking ETH tokens for…
1 year ago
Introducing Liquid Vesting: Colony Lab’s New Feature Transforming Crypto Investments
The entirely on-chain managed process ensures transparency and security for all transactions on the platform. Colony Lab supports the growth of the Avalanche ecosystem, offering unique financial opportunities to its participants. Colony Lab has recently unveiled a novel feature within the cryptocurrency investment sector known as ‘Liquid Vesting.’ This innovative tool is part of their new decentralized fundraising platform which focuses on making seed sales investments in new projects more accessible to a broader range of investors. Previously, such investment…
1 year ago
Staking Infrastructure Provider StaFi Integrates EigenLayer Liquid Restaking Tokens (LRT) Into Its Platform
StaFi announces the support for EigenLayer liquid restaking token (LRT). This aims to enhance security and efficiency across the ecosystem. EigenLayer LRT is already supported on StaFi’s LSaaS stack. StaFi, a staking infrastructure provider that aims to amplify staking capital efficiency, announces its support for the EigenLayer liquid restaking token (LRT). The integration of EigenLayer LRT aims to extend security across decentralized applications, allowing users to rehypothecate their staked tokens. The integration is the latest development in the ever-evolving staking…
1 year ago
Experience the Future of Liquid Staking: Kintsu Testnet Launches Exclusively on May 13th
London, UK, May 10th, 2024, Chainwire Kintsu, a leading innovator in the DeFi space, is thrilled to announce the launch of its highly anticipated Testnet on May 13th. This exclusive event invites a select group, including the Kintsu OGs, to pioneer a new era in liquid staking on the cutting-edge Aleph Zero blockchain. Aleph Zero is a permissionless Layer-1 blockchain that combines a Proof of Stake (PoS) consensus mechanism with a Directed Acyclic Graph (DAG) for scalability, security, and efficiency.…
1 year ago
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LiquidWhat is Renzo Protocol? The Liquid Restaking Primitive Explained
Ethereum’s network has been the home of many narratives throughout the years, and liquid restaking is undoubtedly one to look into. You might be confused by the term liquid restaking, and that’s completely understandable. After all, another popular narrative is centered around liquid staking. Before we dive into the intricacies of the Renzo Protocol, which is the ultimate purpose of this guide, it’s essential to understand a few fundamental principles first. Quick Navigation What’s the difference between Liquid Staking and…
1 year ago
Chainlink Integration Empowers Stader’s Cross-Chain Liquid Staking
Stader Labs has joined the growing list of crypto infrastructure providing integrating Chainlink’s CCIP. Despite the promising ecosystem updates, LINK is trading at a loss at the moment. Stader Labs, a non-custodial, smart contract-driven staking platform with over $600 million Total Value Locked (TVL) has announced the integration of Chainlink (LINK) Cross-Chain Interoperability Protocol (CCIP). According to Chainlink, Stader will integrate its CCIP across Ethereum (ETH) and Arbitrium (ARB) to improve its Cross-Chain Liquid staking experience for its users. Stader…
1 year ago
Liquid Mercury Partners with GFO-X to Provide RFQ Platform for Trading Crypto Derivatives
Chicago, United States, April 17th, 2024, Chainwire Liquid Mercury, a leading crypto trading technology provider, announced today that it is providing a request for quote (RFQ) platform to GFO-X, the UK’s first regulated and centrally cleared trading venue dedicated to digital assets derivatives. Institutional traders will be able to source deep liquidity for trading listed options and futures contracts in large trade sizes that can be transacted as single-leg or complex, multi-leg strategies. Liquid Mercury’s institutional-grade platform combined with GFO-X’s…
1 year ago
Filecoin’s Liquid Staking Platform Core Team Under Investigation by Chinese Police
The core technical team behind the Filecoin-based STFIL protocol said that they are under investigation by Chinese authorities. Over the past couple of days, there have been unforeseen updates to the protocol, along with funds transfers to different addresses. Mysterious Token Transfers and Upgrades The news came out in a public post by STFIL Protocol on X, revealing that they believe the STFIL core technical team is under investigation by local Chinese police. They mentioned that lawyers have been hired…
1 year ago