AVAX One CEO says $35.1M quarterly loss masks growth in its staking and treasury business
AVAX One interim CEO Pete Wylie has said $33 million in non-cash charges accounted for most of the company’s $35.1 million second-quarter loss as staking...
Tag : staking
Solana Company posts $30.3M Q2 loss despite staking gains
Solana Company has reported a $30.3 million second-quarter loss despite earning $2.5 million in revenue, almost entirely from staking its SOL holdings. Summary Revenue increased...
Bitmine’s $257M annualized staking income ‘fills’ operational gaps, share buybacks: analysts
Bitmine Immersion Technologies, the largest corporate Ether holder, surpassed 5 million Ether in staked tokens, which will generate an estimated $257 million in annualized revenue,...
Fidelity files with SEC to add staking to Ethereum ETF
Fidelity plans to add staking to its Ether fund, with 85% of rewards retained by FETH and quarterly cash distributions planned for investors. Fidelity Investments...
Fidelity plans Ethereum staking for $898M FETH fund
Fidelity has moved to add Ethereum staking and quarterly cash distributions to its $898 million Fidelity Ethereum Fund, with the trust allowed to stake as...
Ethereum staking hits record 41.7M ETH as price struggles
Ethereum staking has reached a record 41.7 million ETH, locking more than one-third of the cryptocurrency’s circulating supply despite a sharp decline in its market...
SharpLink opposes Ethereum plan to cut staking yield to zero
SharpLink CEO Joseph Chalom has opposed an Ethereum proposal that could eventually eliminate issuance-based staking rewards, warning that the change may weaken ETH’s appeal to...
Fierce backlash to Ethereum’s EIP-8363 staking proposal
Ethereum researchers just wanted to reduce staking incentives. Instead, they sparked one of the biggest debates over the network’s economics since the Merge. Ethereum Improvement...
Ethereum Proposal Would Burn Staking Rewards to Zero if Half of ETH Is Staked
In brief EIP-8361 would deduct a rising share of validator rewards and destroy the ETH, cancelling issuance entirely at half the supply staked. Its authors...
Ethereum researchers want to rein in staking, critics say it could backfire
A group of six Ethereum researchers and developers, including Ethereum Foundation’s Justin Drake, has proposed changing the network’s issuance policy to cut validator rewards more...