Aave has launched Umbrella, a fully on-chain staking-based risk management system designed to replace its legacy Safety Module with a more automated and capital-efficient framework. Built by BGD Labs and ratified by Aave governance, Umbrella allows users to stake interest-bearing aTokens, such as aUSDC, aWETH, and GHO, to provide real-time, automated coverage for bad debt […]
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Upcoming exchange-traded funds (ETFs) that integrate staking yields stand to benefit significantly as US lawmakers and regulators clarify the legal status of on-chain rewards, according to a June 3 report. The report noted points to two parallel policy moves. First, the US Securities and Exchange Commission (SEC) confirmed on May 29 that staking does not […]
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REX Shares filed an immediately effective prospectus to list two exchange-traded funds (ETFs) that will hold and stake Ethereum (ETH) and Solana (SOL), according to a May 30 filing. Bloomberg ETF analyst James Seyffart highlighted in a social media post that the ETFs introduce a C-corporation structure rarely used in the ETF industry to sidestep […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The US Securities and Exchange Commission (SEC) has issued new guidance clarifying that common forms of crypto staking do not fall under securities laws. On May 29, the SEC’s Division of Corporation Finance confirmed that those participating in staking activities, including self-staking, delegated staking, custodial, and non-custodial forms, are not required to register these actions […]
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The SEC's latest staff statement addresses crypto staking, though it noted that it was not binding guidance.
Rebecca Rettig, the chief legal officer at Jito Labs, said this clears the way for crypto ETFs to include staking.
ONe generates returns from a Solana-based reinsurance pool, which is compounded by sUSDe returns and ONRE protocol incentives.
Bitcoin-native DeFi protocol Liquidium has passed a major governance proposal introducing a new staking model tied to the platform revenue. The protocol’s native token LIQ has climbed over 73.3% since the proposal was approved earlier this week. It was trading at roughly $0.25 as of press time, based on CoinGecko data. Liquidium introduces staking On […]
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The real estate tech enterprise turned Solana-focused public company now holds 609,190 SOL tokens worth over $107 million.
Virtuals has introduced a new staking mechanism for its native token VIRTUAL, replacing passive holding incentives with a vote-escrowed structure that grants users veVIRTUAL. According to a May 13 post on X, veVIRTUAL holders will receive 20% of all Virgen Point emissions, which were previously distributed based on token holding. This move establishes veVIRTUAL as […]
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BlackRock representatives met with the US Securities and Exchange Commission’s (SEC) Crypto Task Force on May 9 to seek guidance on a range of crypto regulatory issues, including tokenization, staking, and approval frameworks for exchange-traded products (ETPs). According to the meeting memo, BlackRock reviewed its digital asset offerings, including the iShares Bitcoin Trust (IBIT), the […]
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Lido’s governance community is reviewing a new proposal to give staked Ethereum (stETH) holders more influence in protocol decisions. The May 8 proposal, dubbed Lido Improvement Proposal 28 (LIP-28), introduces a Dual Governance framework. Presently, only LDO token holders can vote on changes to the Lido protocol. This gives them complete control over decisions that […]
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The update aims to streamline staking, enhance wallet functionality, and improve overall efficiency.
Activated at epoch 364032 around 6:05 a.m. ET, the Pectra upgrade is Ethereum’s largest-ever update by EIP count.
Formerly known as Janover, the company's SOL holdings are worth more than $57 million at current prices.
The upgrade is focused on making the Ethereum blockchain more user-friendly and efficient.
A coalition of US blockchain firms has urged the Securities and Exchange Commission (SEC) to provide clear regulatory guidance on crypto staking. The coalition, led by the Crypto Council for Innovation, requested in an April 30 open letter that the agency treat staking with the same clarity it recently applied to proof-of-work mining. Staked tokens […]
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Industry entities led by the Crypto Council for Innovation argued in a letter to the U.S. Securities and Exchange Commission that it shouldn't regulate staking.
The partnership will give users access to asset-backed yield products such as yield from tokenized U.S. Treasuries and private credit.
The product allows BTC holders to earn yields while adhering to Islamic finance principles, expanding opportunities for investors in the Middle East.
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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Successful “graduates” will send up to 15% of native token supply to POL stakers and connect to the Agglayer network.
The Solana Foundation has implemented a new policy that will scale back support for long-standing validators reliant on Foundation-delegated stake, while paving the way for new, community-backed operators. The updated guidelines state that for each new validator brought into the Foundation’s Delegation Program, three existing validators will be removed, provided they have received Foundation stake […]
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The points will convert into the Infrared token expected to launch in Q3, pseudonymous co-founder and CEO Raito Bear told The Block.
Paradigm-backed Symbiotic has raised $29 million to expand from restaking into a broader "universal staking" platform.
The firm began buying and staking SOL after being acquired by former Kraken executives earlier this month.
Canada is poised to debut the world’s first spot Solana (SOL) 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 […]
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With more value tied up in BTC than every other cryptocurrency in existence combined, Babylon is aiming to channel this into the wider crypto ecosystem
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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